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dc.contributor.authorFlaaten, Ola
dc.contributor.authorMatthiasson, Thorolfur
dc.date.accessioned2020-08-21T12:13:22Z
dc.date.available2020-08-21T12:13:22Z
dc.date.issued2017-04-19
dc.description.abstractThe difference between the concepts of profit and rent are discussed theoretically and by using aggregated data from the Icelandic and Norwegian fish harvesting industries. The former is a basic indicator for gauging the business performance of firms and industries, and the latter is important for the evaluation of the economic welfare contribution of resources and industries. The importance of distinguishing between profit and rent is greater for fisheries under strict management control, such as those with quotas and licenses, than those with more open access. It was found that profit is lower than rent in both countries. Policy implications are discussed.en_US
dc.identifier.citationFlaaten O, Matthiasson T. Profit and Resource Rent in Fisheries. Marine Resource Economics. 2017;32(2):311-328en_US
dc.identifier.cristinIDFRIDAID 1513910
dc.identifier.doi10.1086/692074
dc.identifier.issn0738-1360
dc.identifier.urihttps://hdl.handle.net/10037/19102
dc.language.isoengen_US
dc.publisherUniversity of Chicago Pressen_US
dc.relation.journalMarine Resource Economics
dc.rights.accessRightsopenAccessen_US
dc.rights.holderCopyright 2017 MRE Foundation, Inc. All rights reserved.en_US
dc.subjectVDP::Agriculture and fishery disciplines: 900::Fisheries science: 920::Resource biology: 921en_US
dc.subjectVDP::Landbruks- og Fiskerifag: 900::Fiskerifag: 920::Ressursbiologi: 921en_US
dc.subjectVDP::Social science: 200::Economics: 210::Business: 213en_US
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210::Bedriftsøkonomi: 213en_US
dc.titleProfit and Resource Rent in Fisheriesen_US
dc.type.versionpublishedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US
dc.typePeer revieweden_US


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