This paper estimates current resource rents being generated in the Icelandic cod fishery and compares them to the maximum sustainable attainable ones. For this purpose a simple aggregative model of the cod fishery is specified and empirically estimated. It is found that in spite of the cod stock being in...
This presentation provides an introduction to the FAO-World Bank Rent Drain Study. The objective of the study is to present the story of the world's depleted and overexploited marine fisheries in economic terms.
The study develops an economic justification at the global level for restoring the health of fish stocks....
This report presents the results of bio-economic assessment studies of the Bohai Sea & the Yellow Sea and the associated fisheries management. The studies, which were facilitated through workshop with the participation of international experts, included fisheries resources rent assessments and causal chain analysis to determine the rent losses in...
The paper analyzes the recent behavior of the Peruvian Anchoveta Sector, the largest single stock fishery in the world. It describes the different phases of boom and contraction that it has undergone since the 1960s, and how the lack of adequate regulation allowed –and even fostered– over-investment in the sector...
The concept of natural resource rents is much used in the natural resource and fisheries
economics literature. It is therefore somewhat surprising that in this same literature it is difficult
to find a clear definition of either natural resource rents or fisheries rents. Possibly, as a result,
the concept is...
"Slipper skippers", "absentee landlord" or "absentee ownership", "fleet separation policy"... All these expressions describe a single feature: the separation between two economic functions, ownership (who gets the right to access the resource) and production (who exerts the right). This issue is considered as highly sensitive in several places, such as...
The report is an analysis of the resource rent in the Swedish fishery, produced as a contribution to the new strategic plan for the Swedish fishery in the years 2007-2013 according to the draft EU regulation for the EFF (European Fishery Fund). A model has been produced based on linear...
Eritrea is resource rich but low capitalized country. The Red Sea of Eritrea is one of the most underexploited fisheries sectors in the world. This present study attempts to capture the strengths, weaknesses, opportunities and threats of the Eritrean fisheries sector. Strengths, weaknesses, opportunities and threats analysis has been used...
Eritrea is resource rich but low capitalized country. The Red Sea of Eritrea is one of the most underexploited fisheries sectors in the world. This present study attempts to capture the strengths, weaknesses, opportunities and threats of the Eritrean fisheries sector. Strengths, weaknesses, opportunities and threats analysis has been used...
We estimated the economic rent obtained currently (that is, in 2002) in the Namibian hake fishery and the rent that might potentially be obtainable if the fishery were managed optimally in the sense of economics. We first reviewed previous economic and biological studies. We then used the theory and model...