Max Nielsen (), Bruno Cozzari (), Jørgen Løkkegaard (), Guri Eriksen (), Ola Flaaten (), Eyjolfur Gudmundsson (), Kari Petersen () and Staffan Waldo ()
Additional contact information
Max Nielsen: Fødevareøkonomisk Institut
Bruno Cozzari: Fødevareøkonomisk Institut
Jørgen Løkkegaard: Fødevareøkonomisk Institut
Guri Eriksen: Universitetet i Tromsø, Norge
Ola Flaaten: Universitetet i Tromsø, Norge
Eyjolfur Gudmundsson: Universitetet i Akureyri, Island
Kari Petersen: Færøernes Landsbank, Færøerne
Staffan Waldo: Livsmedelekonomiska Institutet, Sverige
Abstract: The fishing laws of the Nordic countries state that the fish stocks are owned by the Society. This implies that the Society has an opportunity to increase economic returns from this ownership, as is the case in the tenure of other non-renewable resources such as oil and natural gas. In this paper, the economic return from fish stocks is analysed in selected fisheries of five Nordic countries. The size of the Society’s return and the allocation between labour, capital and the public authorities are identified. The Societies acquire returns from the fisheries to a different extent. The Society’s return is positive in only three out of five case studies, and the public revenue from the existence of fisheries exceeds expenses in only two cases. On this basis, it is examined how the Society may increase the return through improved fisheries management, as well as reallocate the revenue through user payment and taxation.
Keywords: fiskeri; samfundsøkonomi
JEL-codes: A10
Language: Danish
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