Fishery Buy‐Back Programmes And Economic Welfare
AbstractFishery buy-back programmes reduce the availability to the industry of certain inputs used in the harvesting process, thereby increasing fishing costs and reducing the amount of effort applied to the fishery. The reduction in effort generates an economic benefit which must be weighed against the increased costs. The paper develops an economic model of a buy-back programme which can be used to estimate the effect of the programme on economic welfare. The model is applied to the Tasmanian rock lobster fishery.
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Bibliographic InfoArticle provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural and Resource Economics.
Volume (Year): 33 (1989)
Issue (Month): 1 (04)
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Web page: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-8489
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- Salvatore Comitini & David S. Huang, 1967. "A Study of Production and Factor Shares in the Halibut Fishing Industry," Journal of Political Economy, University of Chicago Press, vol. 75, pages 366.
- Funk, Robert D. & Griffin, Wade L. & Mjelde, James W. & Ward, John M., 2003. "A Simulation Model Of License Buyback In The Texas Bay Shrimp Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 18(1).
- Campbell, Harry, 2008. "Economics, Property Rights and Fishery Management," Working Papers 7284, University of Tasmania, School of Economics and Finance, revised 20 Nov 2012.
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