The scope for fishing firms operating in an output controlled fishery, with tradable rights, and facing world prices, to augment profit is limited inter alia to a search for alternative input configurations that lower harvesting costs. This paper provides evidence of technical change in the New Zealand rock lobster fishery....
Capture fisheries is a primary employment for inhabitants of coastal and inland aquatic ecosystems globally. However, historically, aquaculture has been well documented as an economic activity in Southeast Asia. Coastal marine fisheries and freshwater inland waters provided employment for inhabitants of these ecosystems in Sub-Saharan Africa (SSA). Aquaculture was started...
Today fish is the most traded food commodity in the World. This situation is not without generating potential issues. On the one hand, fish trade is said to support economic growth processes in developing
countries by providing an important source of cash revenue. On the other hand, fish trade is...
Khanh Hoa, featured by advantageous conditions from both nature and humans, has long enjoyed great potentials for fisheries development. The most immediate evidence can be cited is that the fisheries industry
made significant contributions to the local economic growth during the recent period of 2001- 2006, and impressive figures in...
Norwegian aquaculture emerged in the end of 1960 when new discoveries transformed production from trout farming to salmon farming. During recent decades farmed salmon has been one of the most successful aquaculture species in terms of production growth. Annual global production has increased from a few thousand tons in 1980...
This paper formulates a simple biomass growth model of a fishery. The property rights regime is of the unregulated local common property type with a fixed number of fishermen and where the fish stock is exploited in a myopic profit-maximizing manner. Within this resource management setting it is demonstrated that...
The World Trade Organization (WTO) is among those institutions that advocate free trade in goods, service and capital
among nations. This view is not shared universally, however, especially when there are important natural resource, environmental and
labor issues at stake. In fact, some countries discourage the exportation of natural resource...
A two stage game is analyzed in which citizens who own mobile factors of production also vote for domestic
environmental policies. It is shown that individuals have an incentive to cross-haul polluting factors across jurisdictions
when direct controls are used to regulate emissions, that this cross-hauling can induce a ratcheting...
This paper examines the impacts of tightening environmental regulations on optimal trade and investment
policies. We find that for a small open two-sector economy with an importable sector relying on foreign capital while
emitting pollution, a more stringent environmental measure leads to a higher optimal tariff and possibly a higher...