This report analyses recent productivity developments in some of the most important capture fisheries in Europe. Using data on specific fleet segments, productivity growth has been compared between the demersal fisheries in UK, Spain, Norway, Iceland and the Faroe Islands, as well as the pelagic fisheries in the UK, Denmark, Norway, Iceland and the Faroe Islands.
In this study, output is measured as total landings of the sum of the most important demersal or pelagic species and an aggregate stock is compiled from stock assessments of the corresponding stocks. Capital is measured as a three-dimensional capacity index, where allowance is made for the number of vessels in each fleet segment, as well as average length and engine size. Labour is measured as the number of employees.