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Input Subsidies and the Destruction of Natural Capital : Chinese Distant Water Fishing
Englander, Gabriel; Zhang, Jihua; Villaseñor-Derbez, … - National Bureau of Economic Research - 2023
Input subsidies in natural resource sectors are widely believed to cause depletion of the natural capital on which those sectors rely. But identification and data challenges have stymied attempts to empirically estimate the causal effect of subsidies on resource extraction. China's fishing fleet...
Persistent link: https://www.econbiz.de/10014247928
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Optimal Harvest with Multiple Fishing Zones, Endogenous Price and Global Uncertainty
Pizarro, Jose; Schwartz, Eduardo S. - National Bureau of Economic Research - 2021
The literature on the optimal harvest of fisheries has concentrated on a single fishing area with biomass uncertainty …
Persistent link: https://www.econbiz.de/10012510611
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Overcoming the common pool problem through voluntary cooperation : the rise and fall of a fishery cooperative
Deacon, Robert T. - 2010
We analyze a seldom used, but highly promising form of rights-based management over common pool resources that involves the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an overall catch quota to a voluntary cooperative, with the...
Persistent link: https://www.econbiz.de/10012462317
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Property Rights, Regulatory Capture, and Exploitation of Natural Resources
Costello, Christopher - 2015
economically efficient extraction paths - is tested empirically with a novel panel data set from global fisheries. Exploiting the …
Persistent link: https://www.econbiz.de/10012457807
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Is the Emphasis on Cofinancing Good for Environmental Multilateral Funds?
Kotchen, Matthew J.; Vogt, Andrew - National Bureau of Economic Research - 2023
International environment and development agencies increasingly emphasize external cofinancing when selecting projects to fund. This paper considers whether the emphasis on cofinancing helps promote institutional objectives, or creates perverse and inefficient incentives. We present a model of...
Persistent link: https://www.econbiz.de/10014322845
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Variation in State Response to Open Access : Constituent Characteristics
Libecap, Gary D. - National Bureau of Economic Research - 2024
fisheries, I outline institutional differences and provide hypotheses as to why they occur. The open-access problem is described …
Persistent link: https://www.econbiz.de/10014468221
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User Rights for Ocean Ecosystem Conservation
Libecap, Gary D. - National Bureau of Economic Research - 2024
Non-target marine fish species and ocean ecosystems are increasingly valuable. Ongoing efforts to preserve them emphasize spatial controls on human entry and use via Marine Protected Areas (MPAs). They cover 7.6% of world oceans and aim for 30% by 2030 under the Convention for Biological...
Persistent link: https://www.econbiz.de/10014468279
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Trade, Competitive Exclusion, and the Slow-Motion Extinction of the Southern Resident Killer Whales
Taylor, Michael Scott - National Bureau of Economic Research - 2021
Orcinus Orca is the world's largest predator, and simultaneously a significant tourist asset and cultural icon for much of the Pacific Northwest. In the past two decades, the Southern Resident Killer whales (SRKW) have declined by more than 25 percent, and this population appears on a...
Persistent link: https://www.econbiz.de/10012599304
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Credit Markets, Property Rights, and the Commons
Noack, Frederik; Costello, Christopher J. - National Bureau of Economic Research - 2022
security of property rights. We test these predictions using data on global fisheries, credit markets, and the largest …
Persistent link: https://www.econbiz.de/10013172188
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The Valuation of Fisheries Rights : A Real Options Approach
Pizarro, Jose - 2018
Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by … fisheries to optimally adapt their harvesting strategy to changing conditions in these stochastic variables. The model also … features realistic operational cash flows and fisheries can shutdown and reopen operations. Using publicly available data on …
Persistent link: https://www.econbiz.de/10012480792