IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Contractual Arrangements in Philippine Fisheries

  • Carnaje, Gideon P.
Registered author(s):

    Economists have begun the quest for explanations of contractual choices in developing countries and especially for pervasiveness of informal credit and insurance arrangements and interlinkages observed in agricultural and fishing contracts. In the case of fisheries, what is needed is an in-depth knowledge of real world contract provisions and categorization of contractual arrangements to guide analysis of contractual arrangements. This paper is a modest contribution toward this particular end. The present study also draws upon modern contract theory to explain the existence of a variety of contractual arrangements in aquaculture and marine fishing. Certain regularities to be found within the fishing economies of the Philippines include share contracts between aquaculture owner-operators and tenant/laborers and between boat owners and crew members as well as interlinkage of credit, labor, and marketing relations. Future work would entail understanding the fundamental incentives underlying contractual arrangements in fisheries that will allow one to evaluate the efficiency and equity implications of contract use and will aid in predicting their influence in the distribution of returns as their usage in the fishery sector increases.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://serp-p.pids.gov.ph/serp-p/download.php?d=4229&s=3
    Download Restriction: no

    Paper provided by Philippine Institute for Development Studies in its series Discussion Papers with number DP 2007-22.

    as
    in new window

    Length: 66
    Date of creation: 2007
    Date of revision:
    Handle: RePEc:phd:dpaper:dp_2007-22
    Contact details of provider: Postal: NEDA sa Makati Building, 106 Amorsolo St., Legaspi Village, Makati City,
    Web page: http://www.pids.gov.ph/
    Email:


    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. James A. Wilson, 1980. "Adaptation to Uncertainty and Small Numbers Exchange: The New England Fresh Fish Market," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 491-504, Autumn.
    2. Posner, Richard A, 1980. "A Theory of Primitive Society, with Special Reference to Law," Journal of Law and Economics, University of Chicago Press, vol. 23(1), pages 1-53, April.
    3. Key, Nigel & Runsten, David, 1999. "Contract Farming, Smallholders, and Rural Development in Latin America: The Organization of Agroprocessing Firms and the Scale of Outgrower Production," World Development, Elsevier, vol. 27(2), pages 381-401, February.
    4. Basu, Kaushik & Jones, Eric & Schlicht, Ekkehart, 1987. "The Growth and Decay of Custom: The Role of the New Institutional Economics in Economic History," Munich Reprints in Economics 3328, University of Munich, Department of Economics.
    5. Hirshleifer, Jack, 1973. "Where Are We in the Theory of Information?," American Economic Review, American Economic Association, vol. 63(2), pages 31-39, May.
    6. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-68, June.
    7. Stiglitz, J.E., 1988. "Economic Organization, Information And Development," Papers 21, Princeton, Woodrow Wilson School - Discussion Paper.
    8. Alston, Lee J., 1995. "The economics of rural organization: Theory, practice and policy : Karla Hoff, Avishay Braverman, and Joseph E. Stiglitz, eds., (Oxford University Press, New York, 1993)," Journal of Development Economics, Elsevier, vol. 47(2), pages 502-504, August.
    9. Yifu Lin, Justin & Nugent, Jeffrey B., 1995. "Institutions and economic development," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 38, pages 2301-2370 Elsevier.
    10. Platteau, J.P., 1994. "A Framework for the Analysis of Evolving Patron-Client Ties In Agrarian Economies," Papers 140, Notre-Dame de la Paix, Sciences Economiques et Sociales.
    11. Rothschild, Michael & Stiglitz, Joseph E, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, MIT Press, vol. 90(4), pages 630-49, November.
    12. Geertz, Clifford, 1978. "The Bazaar Economy: Information and Search in Peasant Marketing," American Economic Review, American Economic Association, vol. 68(2), pages 28-32, May.
    13. Stiglitz, Joseph E, 1974. "Incentives and Risk Sharing in Sharecropping," Review of Economic Studies, Wiley Blackwell, vol. 41(2), pages 219-55, April.
    14. Smith, I.R. & Puzon, M.Y. & Vidal-Libunao, C.N., 1980. "Philippine municipal fisheries: a review of resources, technology, and socio-economics," Working Papers, The WorldFish Center, number 12306, February.
    15. Alderman, H. & Paxson, C.H., 1992. "Do the Poor Insure? A Synthesis of the Literature on Risk and Consumption in Developing Countries," Papers 164, Princeton, Woodrow Wilson School - Development Studies.
    16. Joseph E. Stiglitz, 2002. "Information and the Change in the Paradigm in Economics," American Economic Review, American Economic Association, vol. 92(3), pages 460-501, June.
    17. Minot, Nicholas, 1986. "Contract Farming and Its Effect on Small Farmers in Less Developed Countries," Food Security International Development Working Papers 54740, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    18. Hoff, Karla, 2008. "Joseph E. Stiglitz," Policy Research Working Paper Series 4478, The World Bank.
    19. Howard D. Leathers, 1999. "What is Farming? Information, Contracts, and the Organization of Agricultural Production: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(3), pages 621-623.
    20. Spence, A. Michael, 2001. "Signaling in Retrospect and the Informational Structure of Markets," Nobel Prize in Economics documents 2001-6, Nobel Prize Committee.
    21. Brent Hueth & Ethan Ligon, 1999. "Agricultural Supply Response Under Contract," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(3), pages 610-615.
    22. Bengt Holmstrom & John Roberts, 1998. "The Boundaries of the Firm Revisited," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 73-94, Fall.
    23. Warning, Matthew & Key, Nigel, 2002. "The Social Performance and Distributional Consequences of Contract Farming: An Equilibrium Analysis of the Arachide de Bouche Program in Senegal," World Development, Elsevier, vol. 30(2), pages 255-263, February.
    24. Smith, Laurence E. D. & Stockbridge, Michael & Lohano, Hari Ram, 1999. "Facilitating the Provision of Farm Credit: The Role of Interlocking Transactions Between Traders and Zamindars in Crop Marketing Systems in Sindh," World Development, Elsevier, vol. 27(2), pages 403-418, February.
    25. Rao, J. Mohan, 1986. "Agriculture in recent development theory," Journal of Development Economics, Elsevier, vol. 22(1), pages 41-86, June.
    26. Eswaran, Mukesh & Kotwal, Ashok, 1985. "A Theory of Two-Tier Labor Markets in Agrarian Economies," American Economic Review, American Economic Association, vol. 75(1), pages 162-77, March.
    27. Bardhan, Pranab K, 1980. "Interlocking Factor Markets and Agrarian Development: A Review of Issues," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 82-98, March.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_2007-22. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Aniceto Orbeta)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.