We study optimal fishery management in an age-structured, bio-economic model where two age classes can be harvested independently. We show that the optimal amount of catch differs with age classes, and we derive conditions under which it is optimal to harvest only one age class. Our main policy...

The policy of the fishing sector in Romania, in terms of commercial fishing, it envisages measures that ensure the sustainable exploitation of living aquatic resources, efficient management, stimulating those who work in this sector to unite in associative forms, the collection of statistical...

In standard models of spatial harvesting, the resource is distributed over the complete domain and the agent is able to control the harvesting activity everywhere. In some cases, it is more realistic to assume that the resource is located at a single point and that the agent is required to...

Aquaculture falls within the scope of the Common Fisheries Policy (CFP) using the advantage of common market organization and financial measures as in integral part of this policy. Despite all these advantages, the results obtained from European aquaculture did not live up to expectations. Given...

Growing criticism of inefficient development aid demanded new planning instruments of donors, including international NGOs (INGOs). A reorientation from isolated project-planning towards holistic country concepts and the increasing rationality of a result-orientated planning process were seen as...

Agglomeration economies reflect proximity and are an important explanation for industrial location. They feature prominently in the theories of location, including intermediate inputs and labour of the new economic geography and knowledge spillovers in the new growth theory. However, while there...

This paper investigates the interplay between cultural traditions and policy effectiveness. It explores the differential impact of a large development program (Cassa per il Mezzogiorno), implemented for four decades, starting in the 1950s, to stimulate convergence between Italy's South and the...

Smart specialization as a concept plays a more and more important role in development of the regions. David, Foray and Hall point it, as an important instrument for creating a strategy for the development of innovation at the state and regional level as well as for defining and building the...

This paper aims to explain about how process of implementation of innovative policy introduced by a local government after Indonesian government introducing the excessive decentralisation since early 2000. Furthermore, this paper describe various problems and opportunities for implementing local...

The present paper intends to establish a reciprocity relationship between the modernization and development level of the rural space, as main modernization-development point of the rural household. On the basis of the interdependence relation between rural area modernization and development, the...