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dc.contributor.authorBertheussen, Bernt Arne
dc.date.accessioned2022-03-22T12:38:25Z
dc.date.available2022-03-22T12:38:25Z
dc.date.issued2021-12-30
dc.description.abstractThis article presents a historical analysis of the Norwegian spring spawning herring fishery. Theoretically, the study is rooted in new institutional economics (NIE). The study shows that the fishery collapsed during the 1960s because of overfishing. The underlying key drivers were unregulated open access management, technological progress, and excess capacity building. The analysis further discloses that the initial responses to the resource crisis exacerbated the underlying issues; subsidies introduced to support a fishing fleet that was not adapted to the catch base. Also, fishing for juvenile herring was allowed to protect the income of the fishers. The study argues further that the breakdown of the herring fishery represented a historical event that marked a paradigm shift from open access to closed entry fisheries management. The building of formal institutions supported the turnaround in the management path. In the aftermath of the crisis, the fishery was closed, total allowable catch regulations (TACs) were introduced, and individual vessel quotas followed a few years later. During the 1990s, the stock recovered, and herring reemerged as a key revenue driver for the pelagic fleet. Finally, some economic effects for the pelagic vessels brought about by the changed management path are outlined in the paper.en_US
dc.identifier.citationBertheussen bab. The role of path–dependent institutions during the collapse and rebuilding of a fishery. Marine Policy. 2022;136en_US
dc.identifier.cristinIDFRIDAID 1973121
dc.identifier.doi10.1016/j.marpol.2021.104944
dc.identifier.issn0308-597X
dc.identifier.issn1872-9460
dc.identifier.urihttps://hdl.handle.net/10037/24488
dc.language.isoengen_US
dc.publisherElsevieren_US
dc.relation.journalMarine Policy
dc.rights.accessRightsopenAccessen_US
dc.rights.holderCopyright 2021 The Author(s)en_US
dc.titleThe role of path–dependent institutions during the collapse and rebuilding of a fisheryen_US
dc.type.versionpublishedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US
dc.typePeer revieweden_US


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