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Input Controls In A Fishery: Success Or Failure?

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  • Dupont, Diane P.

Abstract

This paper examines the effectiveness of input controls in a fishery in preventing rent dissipation. The paper shows that conventional elasticities cannot be used to measure input substitution when firms face input restrictions. The paper presents a new elasticity measure and illustrates its usefulness with data from the British Columbia salmon fishery

Suggested Citation

  • Dupont, Diane P., 1990. "Input Controls In A Fishery: Success Or Failure?," 1990 Annual meeting, August 5-8, Vancouver, Canada 270911, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea90:270911
    DOI: 10.22004/ag.econ.270911
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    References listed on IDEAS

    as
    1. Karpoff, Jonathan M, 1987. "Suboptimal Controls in Common Resource Management: The Case of the Fishery," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 179-194, February.
    2. Dupont, Diane P., 1990. "Rent dissipation in restricted access fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 26-44, July.
    3. Lopez, Ramon E, 1985. "Structural Implications of a Class of Flexible Functional Forms for Profit Functions," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(3), pages 593-601, October.
    4. Diewert, Walter E & Wales, Terence J, 1987. "Flexible Functional Forms and Global Curvature Conditions," Econometrica, Econometric Society, vol. 55(1), pages 43-68, January.
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