Two of the main problems in fisheries management are over-fishing and
over-capacity driven by the production externality inherent in common
property resource use. Quotas have been introduced to cap total catches,
and regulations such as input restrictions and limited entry have been used
to reduce the capacity problem. Economists generally...
The relevance of domestic and foreign capacity utilization rates in forecasting
future inflation rate has been investigated empirically, using five industrialized
countries for which the comparable data are available.
It has been found that capacity utilization rates, both domestic and foreign,
have a long run stable relationship with domestic inflation...