target fishing capacity

target fishing capacity
the maximum amount of fish over a period of time (year, season) that can be produced by a fishing fleet if fully utilized while satisfying fishery management objectives designed to ensure sustainable fisheries. YT
Y (ET, S) in which YT is target yield or catch; ET is target effort generated by a fully-utilized fleet; and S is stock size (biomass). The fishing fleet is meant to be the stock of inputs, i.e. physical capital and human capital. The term fully-utilized is used in a precautionary context in that they assume that capacity utilization is 100%. The maximum catch that capital stocks could remove can be determined by observing them during a period with few restrictions

Dictionary of ichthyology. 2009.

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