This study is concerned with the measurement of total factor prodnctivity in the marine fishing industries in general and in the Pacific coast trawl fishery in particular. The study is divided into two parts. Part I contains suitable empirical and introductory theoretical material for the...

Deterministic data envelopment analysis (DEA) and stochastic production frontier (SPF) models are alternative methods for estimating capacity in fisheries. Fishery managers should be aware of likely differences in the capacity estimates obtained from these approaches if such estimates are to be...

The specification of a convex production technology is a potential issue in estimating firm-level Johansen plant capacity utilisation rates and their subsequent use in the short-run Johansen industry capacity model of the fishery. There are different plant capacity utilisation estimates with...

Limiting entry to the Pacific coast groundfish fishery poses two principal questions: (1) How large are the potential economic returns under limited access management? and (2) Will the economic benefits exceed the program costs plus costs associated with transitory dislocations in the fishery?...

This paper provides a profit-maximizing model with vessel-level dolphin mortality limits for purse seiners harvesting tunas in the eastern tropical Pacific Ocean. The model analytically derives the shadow price (estimated economic value) for dolphin mortality, the fishing-fleet size, and the...

By reviewing the current demand literature for fish and meat, it is apparent that several inadequacies arise from the problems of market delineation or aggregation errors. Inappropriate aggregation may lead to biases in price elasticities and associated specification problems with respect to...

This paper tests empirically to what extent the rent in a limited entry and quota managed fishery is capitalized in the value of a vessel license. This is done by comparing the profitability of Norwegian purse seine vessels which received their licenses for free, to the profitability of vessels...

The twofold aim of this article is to model the structure of the Norwegian food farming industry for trout and salmon and to provide estimates for the scale elasticity and substitution possibilities. A translog functional form of the long run cost function is specified and estimated. The...

The purpose of this article is to present an analysis of the cost inefficiency of public regulation of input factors. During the data period used here, individual plants within the Norwegian fish farming industry were regulated in their use of production capacity (pen volume) at different size...

There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill cells). A generally untested implication of many theories rationalizing the...