Fishing Technology and Optimal Distribution of Harvest Rates
AbstractIn this paper we analyze the optimal management of a joint ownership fishery exploitation model where agents use different fishing gears. As opposed to other works, we consider a model in which the fishing technology affects resource's growth not only through the harvest function, but also through the natural growth rate of the resource. The main objective is to capture the evidence that some fishing gears alter the habitat of the resource, and may alter the natural growth rate of the resource. The main result we obtain is 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 distributed among the agents. Thus, in this context, a fishing policy that determines, first, the optimum stock and, secondly, decides on how to distribute the harvest among the different agents will not be efficient.
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Bibliographic InfoPaper provided by Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística) in its series BILTOKI with number 1999-07.
Date of creation: Jun 1999
Date of revision:
Postal: Dpto. de Econometría y Estadística, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain
Other versions of this item:
- Marta Escapa & RaÚl Prellezo, 2003. "Fishing Technology and Optimal Distribution of Harvest Rates," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 25(3), pages 377-394, July.
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-1999-07-28 (All new papers)
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