This is a study on economic implications of the 3 year harvest control rule (HCR) for the Northeast Arctic
cod stock, decided in November 2002 by the Joint Norwegian-Russian Fisheries Commission. Outcomes
of this rule are compared to those of five other rules, including the previous one based on a...
Fisheries affect fish stocks through their exploitation rate and exploitation pattern. Both influence the economic yield from the fish stock. In regulated fisheries, the exploitation rate is determined either by the acceptable level of fishing effort or catch, whereas the exploitation pattern is determined by selectivity of gears and/or regulatory...
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...