SEPARATING RESOURCE RENTS FROM INTRA-MARGINAL RENTS IN FISHERIES' ECONOMIC SURVEY DATA

Louisa Coglan and Sean Pascoe

Agricultural and Resource Economics Review, 1999, vol. 28, issue 2, 10

Abstract: Economic surveys of fisheries are undertaken in several countries as a means of assessing the economic performance of their fisheries. The level of economic profits accruing in the fishery can be estimated from the average economic profits of the boats surveyed. Economic profits consist of two components - resource rent and intra-marginal rent. From a fisheries management perspective, the key indicator of performance is the level of resource rent being generated in the fishery. Consequently, these different components need to be separated out. In this paper, a means of separating out the rent components is identified for a heterogeneous fishery. This is applied to the multi-purpose fleet operating in the English Channel. The paper demonstrates that failing to separate out these two components may result in a misrepresentation of the economic performance of the fishery.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 1999
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://ageconsearch.umn.edu/record/31291/files/28020219.pdf (application/pdf)

Related works:
Journal Article: Separating Resource Rents from Intra-marginal Rents in Fisheries’ Economic Survey Data (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:31291

DOI: 10.22004/ag.econ.31291

Access Statistics for this article

More articles in Agricultural and Resource Economics Review from Northeastern Agricultural and Resource Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().