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Fisheries and the Processing Sector: Some Implications for Management Policy

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  • Colin W. Clark
  • Gordon R. Munro
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    Abstract

    This paper discusses the economics of the commercial fishing industry under the hypothesis of independent harvesting and processing sectors (although the possibility of integration is also discussed briefly). The analysis is based on an explicitly dynamic fishery model. The competitive and monopsonistic cases are discussed in detail and compared with the social welfare optimum. The implications for governmental regulation are also investigated.

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    Bibliographic Info

    Article provided by The RAND Corporation in its journal Bell Journal of Economics.

    Volume (Year): 11 (1980)
    Issue (Month): 2 (Autumn)
    Pages: 603-616

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    Handle: RePEc:rje:bellje:v:11:y:1980:i:autumn:p:603-616

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    Cited by:
    1. Julio Peña Torres & R. Javier Bustos S. & Claudio Pérez B., 2005. "Mercados Informales y Control Vertical: Comercialización de Pesca Artesanal Perecible," ILADES-Georgetown University Working Papers inv161, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
    2. Julio Peña Torres, 2005. "Informal Markets, Perishability and Vertical Control: Brokerage of Artisanal Landings," ILADES-Georgetown University Working Papers inv165, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
    3. Homans, Frances R. & Wilen, James E., 2000. "Market Rent Dissipation In Regulated Open Access Fisheries," 2000 Annual meeting, July 30-August 2, Tampa, FL 21878, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Ignace Adant & Pierre Fleckinger, 2005. "Controling externalities with asymmetric information : Ferrous Scrap Recycling and the Gold Rush Problem," Working Papers hal-00243017, HAL.
    5. Weninger, Quinn, 1999. "Equilibrium Prices in a Vertically Coordinated Fishery," Journal of Environmental Economics and Management, Elsevier, vol. 37(3), pages 290-305, May.
    6. Gardner Brown, 2000. "Renewable Natural Resource Management and Use Without Markets," Working Papers 0025, University of Washington, Department of Economics.
    7. Jongwook Kim & Joseph T. Mahoney, 2002. "Resource-based and property rights perspectives on value creation: the case of oil field unitization," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 225-245.
    8. Julio Peñ-Torres, 1999. "Harvesting Preemption, Industrial Concentration and Enclosure of National Marine Fisheries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 14(4), pages 545-571, December.
    9. Gardner M. Brown, 2000. "Renewable Natural Resource Management and Use without Markets," Journal of Economic Literature, American Economic Association, vol. 38(4), pages 875-914, December.
    10. Monette, Marcel, 1986. "L’Économique des pêcheries : une revue de la littérature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 62(2), pages 289-305, juin.
    11. Costello, Christopher J. & Kaffine, Daniel, 2008. "Natural resource use with limited-tenure property rights," Journal of Environmental Economics and Management, Elsevier, vol. 55(1), pages 20-36, January.

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