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Micro-economic Efficiencies and Macro-economic Inefficiencies: Theoretical Reflections on Renewable Resource Policies in Very Poor Countries

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dc.contributor.editor Johnston, Richard S.
dc.contributor.editor Shriver, Ann L.
dc.creator Wilson, James R.
dc.creator Boncoeur, Jean
dc.date 2001
dc.date.accessioned 2012-07-12T16:35:25Z
dc.date.available 2012-07-12T16:35:25Z
dc.date.copyright 2001
dc.date.issued 2001
dc.identifier.citation Wilson, J.R. and J. Boncoeur. Micro-economic Efficiencies and Macro-economic Inefficiencies: Theoretical Reflections on Renewable Resource Policies in Very Poor Countries. In: Microbehavior and Macroresults:Proceedings of the Tenth Biennial Conference of the International Institute ofFisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA.Compiled by Richard S. Johnston and Ann L. Shriver. InternationalInstitute of Fisheries Economics and Trade (IIFET), Corvallis, 2001. en_US
dc.identifier.uri http://hdl.handle.net/1957/30953
dc.description.abstract Economists in developed countries having specific institutional and macroeconomic conditions have been the major contributors to fisheries economics theory and policy. Whereas the theory and the policies may be appropriate in certain circumstances for developing countries, it is not necessarily true that the two major recommendations of fisheries theory, capacity control and rent extraction and concentration, are desirable policies in poor and disorganized countries. We use a standard Keynesian macro-model, coupled with some simple assumptions from fisheries economics to show that leakage outside the country and subsequent economic growth slowdown might be incited by policies that encourage industrial concentration of rents, especially if there is subsequent capital flight. In these cases, policies which promote employment in parts of the fisheries sector that are tied more closely to the local economy may have a proportionally large positive impact on the growth of the economy. en_US
dc.description.sponsorship International Institute of Fisheries Economics and Trade U.S. National Marine Fisheries Service MG Kailis Group en_US
dc.publisher International Institute of Fisheries Economics and Trade en_US
dc.subject Fisheries Economics en_US
dc.subject Fish and Aquaculture Sectors' Development en_US
dc.subject Trade, Growth, Natural Resources and the Environment en_US
dc.title Micro-economic Efficiencies and Macro-economic Inefficiencies: Theoretical Reflections on Renewable Resource Policies in Very Poor Countries en_US
dc.type Research Paper en_US


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