Factors Affecting Welfare Gains From Fishing Gear Restrictions
AbstractWhile the use of gear restrictions to regulate fishing activity seldom has the objective of improving economic efficiency, it is capable of achieving that result under some conditions. It can also reduce economic efficiency. This paper explores the way several factors affect the sign and magnitude of welfare gains from fishing gear restrictions. These factors include, among others: the fixity or variability of the price of fish and the presence or absence of diminishing short-run average product of effort. Some generalizations are offered regarding the characteristics of fisheries in which gear restrictions are most likely to produce welfare gains.
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Bibliographic InfoArticle provided by Northeastern Agricultural and Resource Economics Association in its journal Northeastern Journal of Agricultural and Resource Economics.
Volume (Year): 17 (1988)
Issue (Month): 2 (October)
Resource /Energy Economics and Policy;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Henderson, J. V. & Tugwell, M., 1979. "Exploitation of the lobster fishery: Some empirical results," Journal of Environmental Economics and Management, Elsevier, vol. 6(4), pages 287-296, December.
- Lee G. Anderson, 1985. "Potential Economic Benefits from Gear Restrictions and License Limitation in Fisheries Regulation," Land Economics, University of Wisconsin Press, vol. 64(4), pages 409-418.
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