2020
DOI: 10.1016/j.fishres.2019.105396
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Characterising investments in EU fisheries and defining their desirability

Abstract: HighlightsBetween 2008 and 2016, the fleet decreased in number of vessels and in capital value.Vessel value has been relatively constant for the period analysed.NVA was positive for more than 80% of the fleets analysed and increasing.The right investment decision took place in about 60% of the cases between 2014 and 2016.

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Cited by 6 publications
(4 citation statements)
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“…Finally, the more capital input there is, the greater the economic outcomes of smallscale fisheries are. The fishing industry requires a relatively large amount of capital input even at the household level [60,61]. According to our estimation results, fisheries with a large amount of capital input, including aquaculture and fishing boat fishing, show a higher probability of income increase than bare-hand fishing or fishing without oxygen barrels (women divers; Haenyeo in Korean).…”
Section: Discussionmentioning
confidence: 76%
“…Finally, the more capital input there is, the greater the economic outcomes of smallscale fisheries are. The fishing industry requires a relatively large amount of capital input even at the household level [60,61]. According to our estimation results, fisheries with a large amount of capital input, including aquaculture and fishing boat fishing, show a higher probability of income increase than bare-hand fishing or fishing without oxygen barrels (women divers; Haenyeo in Korean).…”
Section: Discussionmentioning
confidence: 76%
“…Considering these findings, the economic efficiencies of both developed and developing member states highly depend on capacity enhancement directly or indirectly supported by fisheries subsidies. Indeed, capacity enhancement in the European Union was supported by increased investments (Carvalho et al, 2020). But even though overcapacity exists, harvest productivity is still not at efficient levels for most member states In recent decades, total allowable catch schemes for various marine fisheries, either successful or unsuccessfully, were commonly implemented around the world.…”
Section: Discussionmentioning
confidence: 99%
“…In most sectors of the economy, an increase in capital (i.e., investment) is often considered a good thing, as it can promote the expected economic growth. However, in the capture fisheries sector, investment is often dangerous, because it can lead to an unwanted increase in fishing vessel capacity, given the status of most fish resource stocks having been overexploited (Carvalho, Casey, Guillen, & Rodgers, 2020). Therefore, it is necessary to have accuracy in encouraging investment in the fishery sector.…”
Section: Investment In Marine and Fisheries Sectormentioning
confidence: 99%