(Not controled OCR) Investment decision in the artisanal fisheries is a complex process involving... more (Not controled OCR) Investment decision in the artisanal fisheries is a complex process involving a number of parameters (biological, economic) which are not known with certainty. Net investment is an effort capacity increase, so investment policy plays a major role in the fisheries management policy. Charles (1986) has pointed out the influence of the unit cost (including the cost of capital) on fisheries activity. In this study, capital budgeting methods are used to evaluate the investment projects. The first section recalls the cash flows calculation applied to artisanal enterprises. The consequences of the share system and public subsidies on the capital budgeting criteria are examined in section 2 and 3.
Investment behaviour is a complex process which plays a major role in fisheries dynamics because ... more Investment behaviour is a complex process which plays a major role in fisheries dynamics because it determines the size of the fishing fleet. The purpose of this paper is to examine the consequences of the main characteristics of fishing activity on investment. The theoretical dynamic model of a fishery shows us the "bangbang" pallern of investment. Furthermore, fishing activity has a high intrinsic variability. Thus, the system in which income is shared between the crew and the ship owner is also considered as a way of sharing risks and so reducing the variability ofinvestment return. Finally, the type of investment financing (subsidies, loans) can strongly stimulate fisheries dynamics but can also have some undesirable effects. [NOT CONTROLLED OCR] L'investissement est un processus complexe qui joue un rôle majeur dans la dynamique des pêcheries, puisqu'il détermine la dimension des flottilles de pêche. L'objet de cet article est d'étudier les conséquence...
International Journal of Global Energy Issues, Mar 20, 2015
Policies addressing air pollution from transport have in the past mainly focused on SO&gt... more Policies addressing air pollution from transport have in the past mainly focused on SO>SUB align=right>2>/SUB>, NO>SUB align=right>x>/SUB> and VOC through vehicle emission and fuel quality regulation. More recently however, CO>SUB align=right>2>/SUB> emissions and particulates have come on the agenda because of global warming and the perception of the major role of particulates in health damage. This shift is also reflected
(Not controled OCR) Investment decision in the artisanal fisheries is a complex process involving... more (Not controled OCR) Investment decision in the artisanal fisheries is a complex process involving a number of parameters (biological, economic) which are not known with certainty. Net investment is an effort capacity increase, so investment policy plays a major role in the fisheries management policy. Charles (1986) has pointed out the influence of the unit cost (including the cost of capital) on fisheries activity. In this study, capital budgeting methods are used to evaluate the investment projects. The first section recalls the cash flows calculation applied to artisanal enterprises. The consequences of the share system and public subsidies on the capital budgeting criteria are examined in section 2 and 3.
Investment behaviour is a complex process which plays a major role in fisheries dynamics because ... more Investment behaviour is a complex process which plays a major role in fisheries dynamics because it determines the size of the fishing fleet. The purpose of this paper is to examine the consequences of the main characteristics of fishing activity on investment. The theoretical dynamic model of a fishery shows us the "bangbang" pallern of investment. Furthermore, fishing activity has a high intrinsic variability. Thus, the system in which income is shared between the crew and the ship owner is also considered as a way of sharing risks and so reducing the variability ofinvestment return. Finally, the type of investment financing (subsidies, loans) can strongly stimulate fisheries dynamics but can also have some undesirable effects. [NOT CONTROLLED OCR] L'investissement est un processus complexe qui joue un rôle majeur dans la dynamique des pêcheries, puisqu'il détermine la dimension des flottilles de pêche. L'objet de cet article est d'étudier les conséquence...
International Journal of Global Energy Issues, Mar 20, 2015
Policies addressing air pollution from transport have in the past mainly focused on SO&gt... more Policies addressing air pollution from transport have in the past mainly focused on SO>SUB align=right>2>/SUB>, NO>SUB align=right>x>/SUB> and VOC through vehicle emission and fuel quality regulation. More recently however, CO>SUB align=right>2>/SUB> emissions and particulates have come on the agenda because of global warming and the perception of the major role of particulates in health damage. This shift is also reflected
Uploads
Papers by Frederic Lantz