Despite an extensive literature on food-sharing, little attention has been given to the practice in the context of fish harvesting and consumption. We examine it as a possible, almost inadvertent, source of fishery management and we examine its role in trade. Our model is a simple general-equilibrium model of a small costal economy...
Most trade literature is concerned with gains from free trade under the assumption that traded goods are produced under complete property rights. Seldom have researchers examined the consequences of free trade in the presence of incomplete property rights over renewable natural resources. In this paper, we explore these consequences. In...
Using a general equilibrium model that has a resource (fisheries) sector and that incorporates subsistence consumption into consumer preferences, we examine the costs and benefits of participating in international trade. In some cases income transfers may permit potential, but otherwise unachievable, gains from trade to occur.
In recent years, considerable attention has been given to the effects of removing trade restrictions on natural resource utilization and on poverty, especially in developing countries. Our paper adds to the growing body of conceptual work to show conditions under which a developing country that, in isolation, is unable to...
In developed – and some less-developed – societies, managing an “open access,” renewable
natural resource sector generally involves taxes, quotas, or other government or community
restrictions. But some cultures, especially in their early years, have taken a different approach,
one that involves transfer of part of the output of the...
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...
The purpose of this study is to investigate the role of the
source of the external trade statistics in measuring the price
responsiveness of foreign demands and relative price competitiveness
of the major exporting countries in trade of agricultural commodities
in international markets. In particular, the papers included in this...