scholarly journals Investment and Decapitalization in the Fishing Industry: The Case of the Spanish Crustacean Freezer Trawler Fleet

2021 ◽  
Vol 13 (16) ◽  
pp. 8760
Author(s):  
Ana González Galán ◽  
Juan José García del Hoyo ◽  
Félix García Ordaz
Keyword(s):  
Capital Stock ◽  
Market Value ◽  
Minimum Amount ◽  
Fishing Industry ◽  
Fishing Vessel ◽  
Fishing Fleet ◽  
Fishing Capacity ◽  
African Coast ◽  
Level Of Effort ◽  
Inventory Method

The objective of this work is to estimate the capital stock invested in the Spanish freezer trawler fleet dedicated to the capture of crustaceans on the African coast, for the period from 1964 to 2019. The importance of having methods for the correct measurement of the capital invested in a fishing fleet is to be able to express in monetary terms the excess catch capacity, which is a signal of overexploitation of a fishery, that is, the fleet operates at a level of effort or capacity higher than the minimum amount required to capture the desired quantity at the lowest possible cost. Following a methodology based on the permanent inventory method, we obtained a model that explains the construction value of a fishing vessel as a function of its technical characteristics. The market value in successive sales was estimated as a function of the construction value, the age of vessel and other variables. In this way, we estimated the value that the market assigns to the possible increases in individual fishing capacity and the decrease in value derived from the technical obsolescence of the vessels. Finally, we calculated the gross and net investment series and net capital stock.

scholarly journals Fishing capacity in Southern Italy: An insight into the status and trends of the Campanian fishing fleet

2021 ◽  
pp. 102102
Author(s):  
A. Di Cintio ◽  
L. Labanchi ◽  
M. Spagnolo ◽  
G. Musella ◽  
T. Romeo ◽  
...  
Keyword(s):  
Southern Italy ◽  
Fishing Fleet ◽  
Fishing Capacity ◽  
Status And Trends ◽  
The Status ◽  
Insight Into

US Fishing Vessel Powering and NOx Emissions

2007 ◽  
Vol 44 (03) ◽  
pp. 175-179
Author(s):  
Robert G. Latorre ◽  
Joseph P. Cardella V
Keyword(s):  
Diesel Engine ◽  
Emissions Reduction ◽  
Nox Emissions ◽  
Fishing Vessel ◽  
Fishing Fleet ◽  
The Us ◽  
Small Craft ◽  
Index Ratio

This paper presents the results of SNAME Small Craft Panel SC-3 Fishing Systems investigation of trends in US fishing vessel (Fig. 1) (L> 22.9 m) powering and NOx emissions (1900–2000). The study estimates the 1, 299 vessels in the US fishing fleet produce 306 tons/day of NOx. The largest powers are found in the decades of 1960–1980. The actual power kW is compared to a reference power kWo using the Powering Index Ratio PIR = kW/kWo. It was found that 50 to 80% of the power in seiners, trawlers, and crabber/ trapper/clam vessels have PIR > 2.5. The reduction of fishing vessel diesel engine NOx can be best achieved by adopting acceptable levels of vessel power/length for the basis of revenue and tax rather than using the vessel age as emissions reduction criteria.

Capital and Wealth in the Twenty-First Century

2015 ◽  
Vol 105 (5) ◽  
pp. 34-37 ◽  
Author(s):  
David N. Weil
Keyword(s):  
Human Capital ◽  
Capital Stock ◽  
Market Value ◽  
Capital Gains ◽  
First Century ◽  
Discount Rates ◽  
Income Ratio ◽  
Last 300 Years ◽  
Twenty First Century ◽  
Thomas Piketty

In Capital in the Twenty-First Century, Thomas Piketty uses the market value of tradable assets to measure both productive capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer wealth, which have grown enormously over the last 300 years. Thus the constancy of the wealth/income ratio as portrayed in his data is an illusion. Further, the types of wealth that he does not measure are more equally distributed than tradable assets. The approach also incorrectly identifies capital gains due to reduced discount rates as increases in the capital stock.

ПЕРСПЕКТИВЫ РАЗВИТИЯ И УКРЕПЛЕНИЯ ЭКОНОМИЧЕСКОЙ БЕЗОПАСНОСТИ РЕГИОНАЛЬНОГО РЫБОХОЗЯЙСТВЕННОГО КОМПЛЕКСА

2020 ◽  
Vol 2 (30) ◽  
pp. 85-92
Author(s):  
Марина Побегайло ◽  
◽  
Сергей Ежелый ◽  
Keyword(s):  
Economic Development ◽  
Detailed Analysis ◽  
Economic Security ◽  
The State ◽  
Investment Policy ◽  
Fishing Industry ◽  
Fishing Fleet ◽  
Kaliningrad Region ◽  
Current Stage

The article presents an analysis of such components of economic security of the fishing complex of the Kaliningrad region as technical and production, technological, investment and innovation security. The most detailed analysis of the state of the fishing fleet of the fisheries complex, the main ways and directions of ship modernization are studied. As a result of the analysis, threats to economic security characteristic of the current stage of economic development are identified. The authors propose measures to improve the level of economic security of the research object, and show the prospects of its development. Special attention is paid to the development of investment policy to ensure the implementation of the program for the modernization of fishing industry vessels in the region, as well as support for other promising measures.

Experience and Plans for Rationalization of Small-Scale Fisheries in India

1973 ◽  
Vol 30 (12) ◽  
pp. 2172-2177
Author(s):  
P. C. George
Keyword(s):  
Large Scale ◽  
Training Programs ◽  
Pilot Scale ◽  
Small Scale ◽  
Fishing Industry ◽  
Small Scale Fisheries ◽  
The Past ◽  
The World ◽  
Fishing Capacity ◽  
Small Craft

Small-scale fisheries have traditionally been the backbone of the fishing industry all over the world. Although large-scale mechanized fishing has come into the limelight recently, even such countries as have developed substantial capability in this direction still have a large fleet of small boats in coastal areas. The landings of this sector of the industry are always substantial, and in many countries they still dominate the picture. In India, small-scale fisheries landed almost 1.15 million tons in 1971. This figure has been increasing as motor-powered small craft have increased in numbers, although 70% of marine fish is still caught from nonpowered boats. Measures taken to increase fishing capacity, landings, and net fishermen’s income over the past 10 years include various kinds of loans and subsidies for the purchase of boats, motors, and nets; assistance for the construction of ponds in inland areas; organization of cooperatives; training programs for fishermen and supporting personnel, especially motor repairmen (with the cooperation of Norway); and gear and vessel research including pilot-scale demonstrations with new types of vessels and equipment.

scholarly journals Pengaruh metode penilaian persediaan, nilai persediaan, dan gross profit margin terhadap market value perusahaan yang terdaftar di bei tahun 2007-2009

2017 ◽  
Vol 15 (2) ◽  
Author(s):  
Ngadiman Ngadiman ◽  
Florence Theresia
Keyword(s):  
Linear Regression ◽  
Correlation Analysis ◽  
Multiple Linear Regression ◽  
Significant Influence ◽  
Stock Exchange ◽  
Market Value ◽  
Profit Margin ◽  
Testing Method ◽  
Valuation Method ◽  
Inventory Method

The title of this research "The Correlation Analysis of Inventory Valuation Method Implementation, Inventory Value, and Gross Profit margin to Manufacture Companies Market Value Listed on Indonesia Stock Exchange'', which its objective is to provide the empirical evidences about the inventory valuation method implementation, inventory value, and gross profit margin to company's market value. The object of this research is the manufacture companies which are listed os Indonesia Stock Exchange on the period of 2007-2009. Research sample was selected by using the purposive sampling and obtained 45 sample companies which are consists of 8 companies which are implementing the average inventory method and 3 7 companies are implementing the FIFO inventory method. The hypothesis testing method used the multiple linear regression method.The result of this research shows that as collectively the inventory valuation method, inventory value, and gross profit margin significantly affected the market value. And as individually, the variable that significantly affects the market value is just inventory value while inventory valuation method and gross profit margin have no significant influence to the market value.

Systems Engineering in the Fishing Industry

1986 ◽  
Vol 23 (02) ◽  
pp. 158-164
Author(s):  
Cyrus Hamlin
Keyword(s):  
Systems Engineering ◽  
Decision Makers ◽  
Regulatory Agencies ◽  
Small Enterprises ◽  
Fishing Industry ◽  
Fishing Vessel ◽  
Vessel Size ◽  
Short Program ◽  
Integrated Concept

The fishing industry is probably one of the most complex and indeterminate of mankind's occupations. Traditionally it has been fragmented into small enterprises, each expert in its own specialty. But modern fishing methods have forced the adoption of the integrated concept, that is, management of the industry from seabed to consumer by single corporate entities or by regulatory agencies. Integration of the fishing industry depends upon long-term and broad-based planning and decision-making. The best, possibly only, methodology for this is the orderly and rational techniques of systems engineering. The author's company has used systems engineering since 1967 for solving fisheries problems as well as for other marine issues. This paper outlines the difficulties facing the fishing industry decision-makers, and illustrates the use of systems engineering in their resolution. Specific examples are cited, and a short program for the estimation of fishing vessel size and cost is given.

Commercial Fishing: Has Technology Made the Industry Safe...Enough?

2006 ◽  
Vol 40 (3) ◽  
pp. 32-39
Author(s):  
Kyra M. Dwyer ◽  
R.J. Burns
Keyword(s):  
Complex Nature ◽  
Commercial Fishing ◽  
Fishing Industry ◽  
Economic Factors ◽  
Safety Equipment ◽  
Fishing Vessel ◽  
Fishing Vessels ◽  
Shared Goal ◽  
Available Technology ◽  
Difficult Challenge

The Fishing Vessel Safety Act, signed into law on September 9, 1988, was the first comprehensive legislation to be enacted in this country with the goal of reducing industry fatality rates. Paramount in the new regulations were provisions for the mandatory carriage of safety equipment aboard all commercial fishing vessels, depending on the vessel's route, size, and build date. The introduction of this technology had a measurable impact on reducing both vessel losses and fatalities, but the downward trends seen within the first ten years of the Act's enactment have since leveled off and are holding steady at what remains unacceptably high rates in comparison to other industries. This article argues that human and economic factors are limiting the effectiveness of available technology and contributing to this statistical plateau. Specific examples of these factors are provided, and possible solutions examined in the context of fishing vessel casualties and safety enforcement. Additionally, this article examines the roles of industry members and regulators as they work towards the shared goal of realizing a safe commercial fishing industry. However, inherent in this goal is realizing when these objectives have been achieved—and, given the complex nature of fishing vessel casualties, this realization may be the most difficult challenge of all.

Real Capital Stock Estimation for Industries Using Perpetual Inventory Method: A Methodological Exploration

2019 ◽  
Vol 67 (1-2) ◽  
pp. 82-98
Author(s):  
Swapnil Soni ◽  
M H Bala Subrahmanya ◽  
Puranjoy Bhattacharya
Keyword(s):  
Time Series ◽  
Capital Stock ◽  
Industrial Structure ◽  
Capital Intensity ◽  
Policy Implications ◽  
Capital Productivity ◽  
Stock Estimation ◽  
Perpetual Inventory Method ◽  
Price Deflator ◽  
Inventory Method

A study of industrial structure and growth, in terms of capital intensity and capital productivity of industries, inevitably encapsulates the requirement and associated challenges of estimation of capital stock time series in real terms. An incorrect (under- or over-) estimation of real capital stock leads to dubious conclusion and, thus, ill-informed policy implications derived from the analysis. The industrial survey database–ASI–reports the time series of capital stocks for industries in nominal (at current prices) terms instead of in real (at constant prices) terms which is more meaningful for the analysis. The choice of correct deflator, consideration of suitable depreciation, discard and revaluation of capital stocks, make real capital stock estimation a matter of disquisition. A plethora of studies addresses these challenges of capital estimation deploying perpetual inventory method. However, the approaches used in the previous studies pose limitations in terms of price deflator selection, consideration of benchmark period for initial capital and choice of depreciation rates and methods. The present study addresses these limitations for the registered Indian manufacturing industries. The result of the present study exhibits a robust approach of real capital stock estimate and an advancement from the existing approaches.

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