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Input controls, input substitution and profit maximisation in the english channel beam trawl fishery

Pascoe, Sean, Robinson, Catherine (1998) Input controls, input substitution and profit maximisation in the english channel beam trawl fishery. Journal of Agricultural Economics, 49 (1). pp. 16-33. ISSN 0021-857X. (doi:10.1111/j.1477-9552.1998.tb01249.x) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:39174)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1111/j.1477-9552.1998.tb01249...

Abstract

Studies of input substitution in fisheries have tended to focus on substitution between physical inputs and/or time fished. However, input controls may create incentives for substitution of other inputs into the production process. For example, fishers faced with constraints on access to particular areas of the fishery may substitute physical inputs for fishing location. This was the case with the UK beam trawl fishery in the English Channel. Constraints were imposed on access to particular areas of the fishery through restrictions on engine power. This created incentives for a number of fishers to reduce their engine power to meet the conditions of the input control. The relative contribution of the boat inputs and location in the production process and the potential for substitution were examined using a translog production function. The results suggested that the apparent input substitution was consistent with profit maximising behaviour.

Item Type: Article
DOI/Identification number: 10.1111/j.1477-9552.1998.tb01249.x
Additional information: Unmapped bibliographic data: AD - Ctr. Econ. Mgmt. of Aquatic Rsrc., Department of Economics, University of Portsmouth, Locksway Road, Portsmouth PO4 8JF, United Kingdom [Field not mapped to EPrints] JA - J. Agric. Econ. [Field not mapped to EPrints]
Uncontrolled keywords: beam trawl fishery, fishery regulation, fishing effort, input substitution, profit maximisation, UK, English Channel
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > Kent Business School > International Business and Strategy
Depositing User: Tracey Pemble
Date Deposited: 10 Apr 2014 15:24 UTC
Last Modified: 06 Feb 2020 04:09 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/39174 (The current URI for this page, for reference purposes)
Robinson, Catherine: https://orcid.org/0000-0001-8861-4880
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