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We consider an optimally managed renewable resource with stochastic non-concave growth function. We characterize the conditions under which the optimal policy leads to global extinction, global conservation and the existence of a safe standard of conservation. Our conditions are specified in...
Persistent link: https://www.econbiz.de/10005597808
Recently, marine fisheries are threatened by the current rate of overfishing, which if unabated may lead to the … while disregarding unemployment implications of reduction in overfishing. To address these gaps and to shed light on the …
Persistent link: https://www.econbiz.de/10011935785
Transforming Philippine agriculture and fisheries (AF) into a dynamic, high-growth sector is essential to poverty reduction, food security, and inclusive economic prosperity. However, unsustainable AF practices have impacts on the environment and climate, and at the same time, ecosystem...
Persistent link: https://www.econbiz.de/10014442955
unintended consequence of overfishing. This paper reviews the basic theory of overfishing; institutions, laws, and policies … related to overfishing in the Philippines; and past and current efforts to curb overfishing in the country. As case study, it … collectively in ways that effectively minimize overfishing can keep the sardine industry profitable and sustainable for its …
Persistent link: https://www.econbiz.de/10011784817
the subsidies provided by the EU to their fleet increase the problem of overfishing in Cape Verde. A theoretical solution …
Persistent link: https://www.econbiz.de/10010309131
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Transforming Philippine agriculture and fisheries (AF) into a dynamic, high-growth sector is essential to poverty reduction, food security, and inclusive economic prosperity. However, unsustainable AF practices have impacts on the environment and climate, and at the same time, ecosystem...
Persistent link: https://www.econbiz.de/10013167718