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Abstract
Long run excess fishing capacity affects both the profitability and biological
status of a fishery. In order for policy makers to determine optimal resource
allocation to a fishery and to establish whether a fishery is over-capitalised,
it is important to identify both the level and the source of the excess
capacity.
Non-metric indicators may be used to assess the likelihood of excess
capacity in a fishery based on information on the biological status of the
fishery, the management regime and productivity trends of the fishery.
These indicators are presented as a cost effective method to assess excess
capacity when information is limited or prohibitively costly to collect.