Conference Proceedings Or Journal
 

Privatizing Renewable Resources: Who gains, who loses?

Público Deposited

Conteúdo disponível para baixar

Baixar PDF
https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/cj82kc985

Descriptions

Attribute NameValues
Creator
Abstract
  • Using renewable resources can provide society with (i) resource rent, (ii) consumer surplus and (iii) worker surplus in resource harvesting. In a dynamic analysis we show that privatization increases the present value of consumer surplus and worker surplus if harvesting productivity does not depend on the resource stock. If it does, consumers and workers tend to lose from privatization and indeed prefer open-access if the discount rate is sufficiently high. Applying the analysis to the Northeast Arctic Cod fishery, we find that socially efficient privatization would increase the present value of resource rent by 8 billion Norwegian Krone, while the present value of consumer surplus would decrease by 3 billion Norwegian Krone. These findings may explain why rent dissipation often persists despite the availability of better management options.
  • Keywords: Fisheries Management, Fisheries Economics, Governance: Property Rights and Quota Systems II
Resource Type
Date Available
Date Issued
Citation
  • Quaas, M., Stoeven, M. Privatizing Renewable Resources: Who gains, who loses? In: Visible Possibilities: The Economics of Sustainable Fisheries, Aquaculture and Seafood Trade: Proceedings of the Sixteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 16-20, Dar es Salaam, Tanzania. Edited by Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2012.
Conference Name
Subject
Declaração de direitos
Funding Statement (additional comments about funding)
  • AQUAFISH, USAID, NEPAD Planning and Coordination Agency, Norad, The World Bank, Hyatt Regency Dar es Salaam, NAAFE, World Wildlife Fund, United Nations University Fisheries Training Programme, ICEIDA, JICA, JIFRS, The European Association of Fisheries Economists, International Seafood Sustainability Foundation
Publisher
Peer Reviewed
Language
Replaces

Relações

Parents:

This work has no parents.

Em Collection:

Itens

Miniatura Título Data de carga Acesso Ações
file details Stoeven-93.pdf 2017-11-01 Público Baixar