Microeconomic Efficiencies and Macroeconomic Inefficiencies: On Sustainable Fisheries Policies in Very Poor Countries
AbstractSimple macro-models are used in a two good output spaces to show that, under certain conditions that occur in very poor countries, fisheries policies aimed at concentrating rent and rationalizing excess capacity may result in declines in economic growth. In cases where displaced labour has nowhere else to go, such policies may be welfare decreasing for the country as a whole. The second best policy in these cases would be to encourage open access fishing with controls on overall output. An example based upon information gathered on the shrimp fishery in Madagascar describes the relations between the relative price between artisanal and industrial fishing sectors, and differential effects of the leakage of rents through the net exports equation due to policies favouring capacity rationalization.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Oxford Development Studies.
Volume (Year): 36 (2008)
Issue (Month): 4 ()
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- Béné, Christophe & Lawton, Rebecca & Allison, Edward H., 2010. ""Trade Matters in the Fight Against Poverty": Narratives, Perceptions, and (Lack of) Evidence in the Case of Fish Trade in Africa," World Development, Elsevier, vol. 38(7), pages 933-954, July.
- Allison, E.H., 2011. "Aquaculture, fisheries, poverty and food security," Working Papers, The WorldFish Center, number 39575.
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