The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse

In the 1970s, herring stocks in the Northeast Atlantic were nearly fished to extinction. This collapse is usually attributed to technological advances. We investigate the empirical impact of technological shocks on herring stocks. We show evidence that the power block was the principal factor in the...

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Bibliographic Details
Main Authors: Daniel V. Gordon, Rögnvaldur Hannesson
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Northeast Atlantic
Online Access:http://le.uwpress.org/cgi/reprint/91/2/362
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spelling ftrepec:oai:RePEc:uwp:landec:v:91:y:2015:i:2:p:362-385 2023-05-15T17:41:17+02:00 The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse Daniel V. Gordon Rögnvaldur Hannesson http://le.uwpress.org/cgi/reprint/91/2/362 unknown http://le.uwpress.org/cgi/reprint/91/2/362 article ftrepec 2020-12-04T13:34:15Z In the 1970s, herring stocks in the Northeast Atlantic were nearly fished to extinction. This collapse is usually attributed to technological advances. We investigate the empirical impact of technological shocks on herring stocks. We show evidence that the power block was the principal factor in the demise of the stock. We also look at the sensitivity of catch to stock size and technological shocks. We measure a significant stock effect in the 1950s, contrary to what we expect. A simulation model indicates that this could have been caused by an increasing range of the fishing fleet due to ongoing technological progress. Article in Journal/Newspaper Northeast Atlantic RePEc (Research Papers in Economics)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description In the 1970s, herring stocks in the Northeast Atlantic were nearly fished to extinction. This collapse is usually attributed to technological advances. We investigate the empirical impact of technological shocks on herring stocks. We show evidence that the power block was the principal factor in the demise of the stock. We also look at the sensitivity of catch to stock size and technological shocks. We measure a significant stock effect in the 1950s, contrary to what we expect. A simulation model indicates that this could have been caused by an increasing range of the fishing fleet due to ongoing technological progress.
format Article in Journal/Newspaper
author Daniel V. Gordon
Rögnvaldur Hannesson
spellingShingle Daniel V. Gordon
Rögnvaldur Hannesson
The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse
author_facet Daniel V. Gordon
Rögnvaldur Hannesson
author_sort Daniel V. Gordon
title The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse
title_short The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse
title_full The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse
title_fullStr The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse
title_full_unstemmed The Norwegian Winter Herring Fishery: A Story of Technological Progress and Stock Collapse
title_sort norwegian winter herring fishery: a story of technological progress and stock collapse
url http://le.uwpress.org/cgi/reprint/91/2/362
genre Northeast Atlantic
genre_facet Northeast Atlantic
op_relation http://le.uwpress.org/cgi/reprint/91/2/362
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