FN Archimer Export Format PT J TI The influence of fiscal regulations on investment in marine fisheries: A French case study BT AF LE FLOC'H, Pascal DAURES, Fabienne NOURRY, Myriam THEBAUD, Olivier TRAVERS, Muriel VAN ISEGHEM, Sylvie AS 1:1;2:2;3:1;4:2,3;5:4;6:2; FF 1:;2:PDG-RBE-EM;3:;4:PDG-RBE-EM;5:;6:PDG-RBE-EM; C1 Université de Brest, Umr Amure, France Ifremer, Umr Amure, France CSIRO, Australia Université d’Angers, France C2 UBO, FRANCE IFREMER, FRANCE CSIRO, AUSTRALIA UNIV ANGERS, FRANCE SI BREST SE PDG-RBE-EM IN WOS Ifremer jusqu'en 2018 copubli-france copubli-univ-france copubli-int-hors-europe IF 1.586 TC 7 UR https://archimer.ifremer.fr/doc/00037/14803/12236.pdf LA English DT Article DE ;Fishery;Capital;Fiscal regime AB Analysing investment drivers in fisheries is essential in understanding the long-term development of fishing capacity. This paper addresses the drivers of investment in the French commercial fishing fleets operating along the Atlantic coast, and the role of public policies have had on investment. First, we examine the changes in the capital value of the fleet, which was strongly impacted by decommissioning schemes during the nineties. We then examine drivers of investment using an unbalanced panel data set describing the investment decisions of a sample of firms over the period 1994-2004. In addition to economic variables, the estimated models account for other factors that may have an impact on investment behaviour, including the different career phases of the skipper-owners. The study concludes with a discussion of the results, and in particular of the role of fiscal policy on observed investment strategies. (C) 2011 Elsevier B.V. All rights reserved. PY 2011 PD MAY SO Fisheries Research SN 0165-7836 PU Elsevier Science Bv VL 109 IS 2-3 UT 000290695100006 BP 257 EP 264 DI 10.1016/j.fishres.2011.02.012 ID 14803 ER EF