The Lofoten fishery exploits the spawning migration of the Northeast- Arctic cod and is one of the fisheries in the world with the longest history. Since 1860, data on participation and catches in the Lofoten fishery are available. For about a hundred years, labor productivity in this fishery, measured as...
Under the reauthorized Magnuson-Stevens Act (MSRA), US fisheries management councils must specify an annual catch limit (ACL) for each managed species and institute accountability measures (AMs) to ensure that actual harvest will not cause the stock to be overfished. While the details of implementation are still being developed, a set...