This paper contributes to the literature on economic efficiency, technical change, bioeconomic modeling, and renewable resource economics in general by introducing output-oriented Debreu-Farrell technical inefficiency and technical progress into normative static and dynamic bioeconomic models of a fishery and examines the economic and policy ramifications for the open-access Nash and...
The majority of monitored fish stocks globally is fully or over exploited, that is, at or below their maximum sustainable yield stock levels. Despite this resource situation international trade in fish products have been increasing for a long time. An export tax on fish and fish products, as an alternative...