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Aquaculture, Capture Fisheries, and Wild Fish Stocks

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Author Info
Shan (Victor) Jiang
Abstract

In a general equilibrium model, this paper examines how the rise of aquaculture and the decline of wild fish stocks are related. Two factors, population growth and technological improvement in aquaculture, have been studied in an aquaculture restricted entry case and an aquaculture free entry case. Both factors raise aquaculture production, while changes in wild fish stocks hinge on entry conditions. In the restricted entry case, population growth reduces wild fish stocks, but technological progress in aquaculture raises them. In contrast, in the free entry case, only technological advance in aquaculture affects and raises wild fish stocks.

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File URL: http://econ.ucalgary.ca/sites/econ.ucalgary.ca/files/publications/AquacultureCaptureFisheriesandWildFishStocks.pdf
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Paper provided by Department of Economics, University of Calgary in its series Working Papers with number 2007-17.

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Date of creation: 31 Oct 2007
Date of revision: 31 Oct 2007
Handle: RePEc:clg:wpaper:2007-17

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Find related papers by JEL classification:
Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General

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This item is featured on the following reading lists:
  1. Socio-economics of Fisheries and Aquaculture
References listed on IDEAS
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  1. Hannesson, Rögnvaldur, 2003. "Aquaculture and fisheries," Marine Policy, Elsevier, vol. 27(2), pages 169-178, March. [Downloadable!] (restricted)
  2. Brown, Gardner, Jr, 1974. "An Optimal Program for Managing Common Property Resources with Congestion Externalities," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 163-73, Jan.-Feb.. [Downloadable!] (restricted)
  3. Anderson, James L., 1985. "Private aquaculture and commercial fisheries: Bioeconomics of salmon ranching," Journal of Environmental Economics and Management, Elsevier, vol. 12(4), pages 353-370, December. [Downloadable!] (restricted)
  4. James A. Brander & M. Scott Taylor, 1997. "International Trade and Open-Access Renewable Resources: The Small Open Economy Case," Canadian Journal of Economics, Canadian Economics Association, vol. 30(3), pages 526-52, August. [Downloadable!] (restricted)
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  5. Ye, Yimin & Beddington, John R., 1996. "Bioeconomic Interactions Between The Capture Fishery And Aquaculture," Marine Resource Economics, Marine Resources Foundation, vol. 11(2). [Downloadable!]
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