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Stock Size, Harvesting Costs, and the Potential for Extinction: The Case of Sealing

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Author Info

  • Trond Bjørndal
  • Jon M. Conrad
  • Kjell G. Salvanes

Abstract

Starting in the 1960s, considerable opposition to the Canadian and Norwegian harp seal hunt off Newfoundland developed. It was alleged that the seal hunt was unethical and that the seal population had been seriously depleted. The purpose of this paper is to analyze the production function for the seal hunt based on data for the Norwegian seal hunt. Particular attention is paid to the question whether free entry to the fishery will cause overexploitation. This depends critically on the characteristics of the production function, in particular the extent to which harvesting costs depend on stock size.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 69 (1993)
Issue (Month): 2 ()
Pages: 156-167

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Handle: RePEc:uwp:landec:v:69:y:1993:i:2:p:156-167

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Web page: http://le.uwpress.org/

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Cited by:
  1. Nicolas Sanz & Bassirou Diop & Fabian Blanchard & Luis Lampert, 2013. "On The Influence Of Environmental Factors On Harvest: The French Guiana Shrimp Fishery Paradox," Documents de Travail 2013-04, CEREGMIA, Université des Antilles et de la Guyane.
  2. Maroto, Jose M. & Moran, Manuel, 2008. "Increasing marginal returns and the danger of collapse of commercially valuable fish stocks," Ecological Economics, Elsevier, vol. 68(1-2), pages 422-428, December.
  3. M. Liski, P.M. Kort, A.J. Novak, 2001. "Increasing returns and cycles in fishing," Computing in Economics and Finance 2001 126, Society for Computational Economics.
  4. repec:ags:mareec:28234 is not listed on IDEAS
  5. Julio Peña Torres & Claudio Agostini & Sebastián Vergara, 2005. "'El Niño' Effects and Biomass Endogeneity in a Harvest Function: The Chilean Jack Mackerel Fishery," ILADES-Georgetown University Working Papers inv160, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
  6. Dawid, Herbert & Kopel, Michael, 1997. "On the Economically Optimal Exploitation of a Renewable Resource: The Case of a Convex Environment and a Convex Return Function," Journal of Economic Theory, Elsevier, vol. 76(2), pages 272-297, October.
  7. M. Garza-Gil, 1998. "ITQ Systems in Multifleet Fisheries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(1), pages 79-92, January.
  8. repec:ags:mareec:133369 is not listed on IDEAS

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