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Considering Aquacultural Externality in Coastal Land Allocation Decisions in India

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  • Mahadev Bhat
  • Ramachandra Bhatta

Abstract

Commercial aquaculture in India has come under attack for having caused negative agricultural and environmental impacts. This paper formulates an interactive model of non-renewable and renewable resources to characterize land allocations between aquaculture and agriculture in ecologically and economically sustainable fashion. Through an empirical application, various economic and policy circumstances that affect the optimal land allocation mix are evaluated. The aquaculture industry must address two economic effects: off-site negative effects on renewable food and other coastal resources, and on-site self-pollution of shrimp ponds. Current regulatory and land-use policies are inadequate to address these effects. Copyright Kluwer Academic Publishers 2004

Suggested Citation

  • Mahadev Bhat & Ramachandra Bhatta, 2004. "Considering Aquacultural Externality in Coastal Land Allocation Decisions in India," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(1), pages 1-20, September.
  • Handle: RePEc:kap:enreec:v:29:y:2004:i:1:p:1-20
    DOI: 10.1023/B:EARE.0000035424.64335.6d
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    Cited by:

    1. Leon-Santana, Miguel & Hernandez, Juan M., 2008. "Optimum management and environmental protection in the aquaculture industry," Ecological Economics, Elsevier, vol. 64(4), pages 849-857, February.
    2. Brugere, C., 2006. "Can integrated coastal management solve agriculture, fisheries, aquaculture conflicts at the land-water interface?: a perspective from new institutional economics," IWMI Books, Reports H039121, International Water Management Institute.
    3. Sarkhel, Prasenjit, 2015. "Flood risk, land use and private participation in embankment maintenance in Indian Sundarbans," Ecological Economics, Elsevier, vol. 118(C), pages 272-284.

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