Fisheries economists have studied fisheries managed with ITQs and compared them to fisheries that are differently managed. Most of these studies have found ITQs to be economically superior. This paper studies the ITQ-fisheries in Iceland. It focuses on features that are difficult to explain using traditional fisheries economics. It is...
The paper discusses compilation of economic accounts for wild fish stocks. The methods proposed in the System of National Accounting (SNA) satellite system, the System for Integrated Environmental and Economic Accounting (SEEA) are discussed and their usefulness assessed in simple examples. The paper proposes some methods for estimating the value...