Fishing Technology and Optimal Distribution of Harvest Rates
AbstractThis paper examines the problem of the optimal management of a joint-ownership fishing exploitation, where agents use different fishing gears. We consider a model in which the fishing activity may affect resource growth, not only through the harvest function but also through the natural growth rate of the resource. This allows us to capture the fact that some fishing gears alter the natural growth rate of the resource. We find that when the natural growth of the resource is altered by the fishing technology, the optimal stock is not independent of how harvest quotas are distribute among the agents. As a result, a fishing policy that firstly determines the optimum stock and, secondly, decides how to distribute the harvest among the different agents, will not be efficient. We also analyze the joint determination of optimal stock and harvest quotas and show that positive harvest quotas will only be optimal when countries are characterized by certain asymmetries. Copyright Kluwer Academic Publishers 2003
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Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.
Volume (Year): 25 (2003)
Issue (Month): 3 (July)
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Web page: http://www.springerlink.com/link.asp?id=100263
fishing gear selectivity; fisheries regulation; harvest quotas;
Other versions of this item:
- Escapa García, Marta & Prellezo, Raúl, 1999. "Fishing Technology and Optimal Distribution of Harvest Rates," BILTOKI 1999-07, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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