Overfishing in the Gulf of Thailand: policy challenges and bioeconomic analysis
AbstractThis paper estimates maximum sustainable yield and maximum economic yield from Schaefer and Fox surplus production bioeconomic models to find evidence of biological and economic overfishing, and their consequences in Gulf of Thailand demersal fisheries. The paper examines alternative policy instruments to reduce overfishing. The discussion emphasizes strengthening fishery management for implementing limited access, and a combination of co-management, and decentralization of fisheries management. The use of license fees that serves as a double dividend tax to reduce fishing effort and fund monitoring and enforcement has been proposed as one of the possible economic instruments.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Environment and Development Economics.
Volume (Year): 12 (2007)
Issue (Month): 01 (February)
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- Tom Kompas et. al., 2008.
"Maximizing Profits and Conserving Stocks in the Australian Northern Prawn Fishery,"
International and Development Economics Working Papers
idec08-04, International and Development Economics.
- Tom Kompas & Cathy M. Dichmont & André E. Punt & A. Deng & Tuong Nhu Che & Janet Bishop & Peter Gooday & Yemin Ye & S. Zhou, 2010. "Maximizing profits and conserving stocks in the Australian Northern Prawn Fishery," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(3), pages 281-299, 07.
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