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Renewable Resource Production Surfaces, Bioeconomic Steady States, And Space

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  • Smith, Martin D.

Abstract

This paper explores production surfaces for a spatially differentiated renewable resource. By analyzing steady state harvests for a fixed amount of total harvesting effort, the conceptual model evaluates management using protected areas and assesses the importance of assumptions about spatial behavior. A simulation of marine reserves with Beverton-Holt recruitment is presented.

Suggested Citation

  • Smith, Martin D., 2002. "Renewable Resource Production Surfaces, Bioeconomic Steady States, And Space," 2002 Annual meeting, July 28-31, Long Beach, CA 19729, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea02:19729
    DOI: 10.22004/ag.econ.19729
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    File URL: https://ageconsearch.umn.edu/record/19729/files/sp02sm01.pdf
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    References listed on IDEAS

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    1. Dupont, D.P., 1993. "Price Uncertainty,Expectations Formation and Fishers' Allocation Choice," Working Papers 1993-1, Brock University, Department of Economics.
    2. Smith, Martin D. & Wilen, James E., 2003. "Economic impacts of marine reserves: the importance of spatial behavior," Journal of Environmental Economics and Management, Elsevier, vol. 46(2), pages 183-206, September.
    3. Johan A. Mistiaen & Ivar E. Strand, 2000. "Location Choice of Commercial Fishermen with Heterogeneous Risk Preferences," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(5), pages 1184-1190.
    4. Pezzey, John C. V. & Roberts, Callum M. & Urdal, Bjorn T., 2000. "A simple bioeconomic model of a marine reserve," Ecological Economics, Elsevier, vol. 33(1), pages 77-91, April.
    5. Sanchirico, James N. & Wilen, James E., 1999. "Bioeconomics of Spatial Exploitation in a Patchy Environment," Journal of Environmental Economics and Management, Elsevier, vol. 37(2), pages 129-150, March.
    6. Brown, Gardner & Roughgarden, Jonathan, 1997. "A metapopulation model with private property and a common pool," Ecological Economics, Elsevier, vol. 22(1), pages 65-71, July.
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    Keywords

    Resource /Energy Economics and Policy;

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