Price formation in fisheries

Chris Loannides and David Whitmarsh

Marine Policy, 1987, vol. 11, issue 2, 143-145

Abstract: Domestic landings of fish are a principal target of fisheries regulation. Since the volume of landings has a direct influence on prices, the way in which governments regulate fisheries will also affect the market for fish. The relationship between domestic landings and prices in Scotland over a 10-year period is estimated, and a number of policy implications drawn from the results. The planned reduction in the total allowable catch of haddock is given particular consideration, and it is concluded that an enforced cutback in landings may bring about a substantial reduction in the real income earned in this fishery.

Date: 1987
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