139 research outputs found
The Dynamics of an Open-access Fishery: Baltic Sea Cod
No full textThis paper sets up a dynamic open-access model of a single industry exploiting a single resource stock. The model is applied empirically to describe the dynamics of the eastern Baltic Sea cod fishery. The theoretical model is based on the benchmark papers by Smith (1968, 1969). Types of steady state are discussed theoretically and the theory is applied to the eastern Baltic Sea cod fishery. The empirical path the fishery has been following since 1982 is determined and how it relates to the optimal path to steady state is discussed. Comparisons are made to other empirical studies, and the stability of the steady state is evaluated. The paper concludes that the Baltic Sea cod stock likely is on a path to a stable steady state, and it might not be a problem that the stock is below safe biological limits.Baltic sea cod, bio-economics, dynamic entry/exit, fisheries, open-access, stability of steady state, Resource /Energy Economics and Policy, Q21, Q22,
The economic importance of the fishery in the exclusive economic zones of the United Kingdom, Norway and the Faroe Islands for Danish fisheries in 2016, 2017 and 2018
No full textIn 2017, the Department of Food and Resource Economics carried out an analysis of the possible economic consequences following the decision by the United Kingdom to leave the European Union, cf. Andersen, Andersen, Hoff and Ståhl (2017). The analysis was based on data until 2016.In order to update the analysis from 2017, this report describes the current situation for the Danish fishery with focus on the fishery in the exclusive economic zone of the United Kingdom (UK-EEZ) based on the latest available data from 2016, 2017 and 2018.Furthermore, a description of the importance of the Danish fishery in the exclusive economic zones of Norway (NOR-EEZ) and the Faroe Islands (FRO-EEZ) are also included. The current fishing agreements between the European Union and Norway/the Faroe Islands give the fishermen from these countries access to the UK-EEZ as part of the EU-EEZ. However, this may not be the case in the future, depending on the agreements with the United Kingdom.It must be noted that any possible consequences with respect to access for EU27 vessels to Norwegian and/or Faroese waters will not be automatic. Norway and/or the Faroe Islands would have to initiate negotiations with the EU to find a solution, and it must be stressed that an outcome where Brexit will have consequences for EU access to Norwegian and Faroese waters must be seen as a worst case scenario.The presented tables cover the years 2016, 2017 and 2018. The year 2016 was the last year available in Andersen, Andersen, Hoff and Ståhl (2017), and updated 2016 figures are included in the current report in order to make a useful link to the previous analysis. The approach and methods used in the current report are the same as in Andersen, Andersen, Hoff and Ståhl (2017).This report is divided into two sections. In the first section, the Danish fishing activities in the exclusive economic zones of the United Kingdom, Norway and the Faroe Islands are described. The second section considers the economic consequences for the Danish fishery, if Danish fishermen are prohibited from fishing in the UK-EEZ, NOR-EEZ and FRO-EEZ. In 2017, the Department of Food and Resource Economics carried out an analysis of the possible economic consequences following the decision by the United Kingdom to leave the European Union, cf. Andersen, Andersen, Hoff and Ståhl (2017). The analysis was based on data until 2016.In order to update the analysis from 2017, this report describes the current situation for the Danish fishery with focus on the fishery in the exclusive economic zone of the United Kingdom (UK-EEZ) based on the latest available data from 2016, 2017 and 2018.Furthermore, a description of the importance of the Danish fishery in the exclusive economic zones of Norway (NOR-EEZ) and the Faroe Islands (FRO-EEZ) are also included. The current fishing agreements between the European Union and Norway/the Faroe Islands give the fishermen from these countries access to the UK-EEZ as part of the EU-EEZ. However, this may not be the case in the future, depending on the agreements with the United Kingdom.It must be noted that any possible consequences with respect to access for EU27 vessels to Norwegian and/or Faroese waters will not be automatic. Norway and/or the Faroe Islands would have to initiate negotiations with the EU to find a solution, and it must be stressed that an outcome where Brexit will have consequences for EU access to Norwegian and Faroese waters must be seen as a worst case scenario.The presented tables cover the years 2016, 2017 and 2018. The year 2016 was the last year available in Andersen, Andersen, Hoff and Ståhl (2017), and updated 2016 figures are included in the current report in order to make a useful link to the previous analysis. The approach and methods used in the current report are the same as in Andersen, Andersen, Hoff and Ståhl (2017).This report is divided into two sections. In the first section, the Danish fishing activities in the exclusive economic zones of the United Kingdom, Norway and the Faroe Islands are described. The second section considers the economic consequences for the Danish fishery, if Danish fishermen are prohibited from fishing in the UK-EEZ, NOR-EEZ and FRO-EEZ
The Inclusion of Stocks in Multi-species Fisheries: The Case of Danish Seiners
No full textEfficiency analysis in fisheries has become an area of increased research. However, setting up models to perform such analyses is complicated and several important modeling issues, including choice of inputs and outputs, level of aggregation and inclusion of stock indices, have only briefly been addressed in the literature. The latter issue is addressed in this paper, using data on Danish seiners and Data Envelopment Analysis (DEA) to estimate efficiency. Production in fisheries is obviously dependent on the fish stocks, and comparing vessel efficiency, therefore, needs to account for stock developments. Three methods to include fish stocks are analyzed. It is shown that estimations based on the Catch Per Unit Effort (CPUE) stock measure differ from the estimations based on independent stock measures, and are independent of the choice of time horizon and choice of input/output measures.Data Envelopment Analysis, fish stock, multi-species fisheries, technical efficiency, Resource /Energy Economics and Policy, Q22,
Report of the working group (SGECA 10-01) on the discussion of methodologies, indicators and format of the 2010 annual economic report (AER):2010, Copenhagen
No full textQuota Trading and Profitability: Theoretical Models and Applications to Danish Fisheries
No full textUsing Data Envelopment Analysis (DEA), we provide a framework to analyze the potential gains from quota trading. We compare the industry profit and structure before and after a free trade reallocation of production quotas. The effects of tradable production quotas depend on several technological and behavioral characteristics, including the ability to learn best practice (catch-up) and the ability to change the input and output composition (mix). To illustrate the usefulness of our approach, we analyze a dataset from the Danish fishery. We study the industry profit and structure under each of four sets of technological and behavioral characteristics.Data Envelopment Analysis (DEA), Individual Transferable Quotas (ITQ), reallocation, technical efficiency, allocative efficiency, fishery, Agribusiness, C61, L51, Q22, Q28,
Mulige økonomiske konsekvenser ved indførelse af visse kvotekoncentrationsregler i dansk fiskeri
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Værdifastsættelse af kvoter i forbindelse med implementering af kvotekoncentrationsaftalen
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