Blar i forfatter "Vassdal, Terje"

Viser treff 1-7 av 7

    • Appropriation of economic values in a rights-based fishery 

      Bertheussen, Bernt Arne; Vassdal, Terje (Journal article; Tidsskriftartikkel; Peer reviewed, 2023-02-21)
      This study integrates resource-based and stakeholder theories to explore how values are generated and appropriated in a rights-based fishery. We argue that in the fish harvesting industry, a firm’s ability to create values is critically dependent on stakeholders outside the firm’s boundaries, such as society in general (the principal owner of the natural resource) and the fisheries management of ...

    • Institution-based roots to fishing vessels profitability 

      Bertheussen, Bernt Arne; Vassdal, Terje (Journal article; Tidsskriftartikkel; Peer reviewed, 2021-11-05)
      In fisheries, formal institutions are intentionally implemented to protect the stock of fish and to better adjust the fleet’s catch capacity to the resource base. The present study, however, explores how the same institutions also influence competitive forces that shape industry attractiveness and the profitability of fishing boats. The empirical context is a sample of Norwegian seagoing purse seiners ...

    • Måling av produktivitet : en sammenligning av ulike metoder, med spesiell vekt på Data Envelopment Analysis 

      Vassdal, Terje (Doctoral thesis; Doktorgradsavhandling, 1988-09)

    • Methodological issues in estimating the profit of the core catch business unit of a fishing vessel firm 

      Vassdal, Terje; Bertheussen, Bernt Arne (Journal article; Tidsskriftartikkel; Peer reviewed, 2020-07-10)
      In fisheries, only the strategic business unit (SBU) of a firm that exploits a common-property natural resource can yield a resource rent. Hence, we discuss issues in isolating the economic return of the catch business unit (CBU) of a fishing vessel firm based on public accounting data. Furthermore, if detailed data on the CBU are available, some of its profit may stem from financing activities. ...

    • Rent Generation Under the Norwegian Rights-Based Pelagic Fishery 

      Bertheussen, Bernt Arne; Vassdal, Terje (Journal article; Tidsskriftartikkel; Peer reviewed, 2022-03-01)
      As a general rule, only active fishermen can own fishing boats for commercial fishing in Norway. Thus, vertical integration is not allowed. Accordingly, the Norwegian empirical context is exceptionally well suited to study actual rent creation as a potential resource rent can only accrue to the catch stage of the value chain. This paper examines profitability and rent generation of 35 seagoing ...

    • Sources of superprofit in a well-regulated fishery 

      Bertheussen, Bernt Arne; Vassdal, Terje (Journal article; Tidsskriftartikkel; Peer reviewed, 2019-05-23)
      This study is motivated by the ongoing debate on resource rent taxation in Norwegian fisheries. Drawing on strategy literature, this paper argues that resource rent is just one of several conceivable sources of above-normal profit (superprofit) for a firm in a natural resource-based industry. The financial statements of almost the whole population of the Norwegian purse seine fleet were analyzed (61 ...

    • Strategic investments in catch capacity and quotas: How costly is a mismatch for a firm? 

      Bertheussen, Bernt Arne; Xie, Jinghua; Vassdal, Terje (Journal article; Tidsskriftartikkel; Peer reviewed, 2020-02-08)
      Despite improved fisheries management, overcapacity is still a major issue in fisheries worldwide. This study investigates the economic effect of a mismatch between catch capacity and quota holdings on the economic performance of fishing boats operating in a system of Individual Fishing Quota (IFQ) system. Based on the data of 71 fishing vessels, which constitute the entire fleet of Norwegian seagoing ...