Based on financial risk analysis and portfolio theory, this paper aims to estimate the underlying risk of the European fish quota distribution among European member States along the time. Firstly, we have assigned a fishing portfolio to each member state (FP(jt)) and its related value based financial portfolio (FPV(ijt)), where...
The main objective of this paper is to analyze the economics effects that
the Prestige oil spill over (2003) had on the Basque coastal fishing industry
by means of a two-stage stochastic production frontier approach. The first
stage is based on the econometric specification of a parametric production
frontier based...
A primal formulation has been used to estimate a translog production function that includes fishing effort and fisherman’s skill as production factors. The selected functional form permits the analysis of the substitution possibilities among production inputs composing effort by calculating the Allen elasticity of substitution. Particular attention is paid to...
This paper presents an analysis of the collapse of the European anchovy fishery (engraulis) in the Bay of Biscay. The analysis shows that this crisis is a clear expression of general troubles facing the CFP and its an applied case of deliberations that are analysed in the Green Paper. In...
In other to implement the ecosystems approach to take care of fisheries and
their surrounding environment, multidisciplinary indicators are need. One
of these indicators, which may be useful to measure the health of an
ecosystem, is biodiversity. Thus, firstly this paper deals with defining,
measuring and comparing alternative biodiversity index...
Time-series observations are critical to understand the structure, function, and dynamics of marine ecosystems. The Hawaii Ocean Time-series program has maintained near-monthly sampling at Station ALOHA (22°45′N, 158°00′W) in the oligotrophic North Pacific Subtropical Gyre (NPSG) since 1988 and has identified ecosystem variability over seasonal to interannual timescales. To further...