Staff at Department of Food and Resource Economics (IFRO) – University of Copenhagen

English > Staff

Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea

Research output: Contribution to journalJournal articleResearchpeer-review

Standard

Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea. / Jensen, Frank; Elleby, Christian; Hamon, Katell G.; op de Weegh, Jos.

In: Applied Economics, 03.11.2018.

Research output: Contribution to journalJournal articleResearchpeer-review

Harvard

Jensen, F, Elleby, C, Hamon, KG & op de Weegh, J 2018, 'Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea' Applied Economics. https://doi.org/10.1080/00036846.2018.1540855

APA

Jensen, F., Elleby, C., Hamon, K. G., & op de Weegh, J. (2018). Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea. Applied Economics. https://doi.org/10.1080/00036846.2018.1540855

Vancouver

Jensen F, Elleby C, Hamon KG, op de Weegh J. Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea. Applied Economics. 2018 Nov 3. https://doi.org/10.1080/00036846.2018.1540855

Author

Jensen, Frank ; Elleby, Christian ; Hamon, Katell G. ; op de Weegh, Jos. / Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea. In: Applied Economics. 2018.

Bibtex

@article{b3540f7aad4948d69739589f401a19a4,
title = "Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea",
abstract = "In this study, we investigate whether the neoclassical economic theory, capital market frictions or preference-based theory can explain investment behaviour in the Dutch beam trawler fishery in the North Sea. By presenting a number of estimations, we show that vessels conducting pulse fishing invest substantially more than similar vessels undertaking conventional fishing, even after controlling for differences in such variables as capital stock, prices, profits and quotas. One possible explanation for this result is that vessel owners may obtain a separate benefit from investing in pulse fishing.",
author = "Frank Jensen and Christian Elleby and Hamon, {Katell G.} and {op de Weegh}, Jos",
year = "2018",
month = "11",
day = "3",
doi = "10.1080/00036846.2018.1540855",
language = "English",
journal = "Applied Economics",
issn = "0003-6846",
publisher = "RoutledgeFalmer",

}

RIS

TY - JOUR

T1 - Testing theoretical explanations for investment behaviour in the Dutch beam trawler fishery in the North Sea

AU - Jensen, Frank

AU - Elleby, Christian

AU - Hamon, Katell G.

AU - op de Weegh, Jos

PY - 2018/11/3

Y1 - 2018/11/3

N2 - In this study, we investigate whether the neoclassical economic theory, capital market frictions or preference-based theory can explain investment behaviour in the Dutch beam trawler fishery in the North Sea. By presenting a number of estimations, we show that vessels conducting pulse fishing invest substantially more than similar vessels undertaking conventional fishing, even after controlling for differences in such variables as capital stock, prices, profits and quotas. One possible explanation for this result is that vessel owners may obtain a separate benefit from investing in pulse fishing.

AB - In this study, we investigate whether the neoclassical economic theory, capital market frictions or preference-based theory can explain investment behaviour in the Dutch beam trawler fishery in the North Sea. By presenting a number of estimations, we show that vessels conducting pulse fishing invest substantially more than similar vessels undertaking conventional fishing, even after controlling for differences in such variables as capital stock, prices, profits and quotas. One possible explanation for this result is that vessel owners may obtain a separate benefit from investing in pulse fishing.

U2 - 10.1080/00036846.2018.1540855

DO - 10.1080/00036846.2018.1540855

M3 - Journal article

JO - Applied Economics

T2 - Applied Economics

JF - Applied Economics

SN - 0003-6846

ER -

ID: 208690888