Fisheries and the processing sector: some implications for management policy
CW Clark, GR Munro - The Bell Journal of Economics, 1980 - JSTOR
CW Clark, GR Munro
The Bell Journal of Economics, 1980•JSTORThis paper discusses the economics of the commercial fishing industry under the hypothesis
of independent harvesting and processing sectors (although the possibility of integration is
also discussed briefly). The analysis is based on an explicitly dynamic fishery model. The
competitive and monopsonistic cases are discussed in detail and compared with the social
welfare optimum. The implications for governmental regulation are also investigated.
of independent harvesting and processing sectors (although the possibility of integration is
also discussed briefly). The analysis is based on an explicitly dynamic fishery model. The
competitive and monopsonistic cases are discussed in detail and compared with the social
welfare optimum. The implications for governmental regulation are also investigated.
This paper discusses the economics of the commercial fishing industry under the hypothesis of independent harvesting and processing sectors (although the possibility of integration is also discussed briefly). The analysis is based on an explicitly dynamic fishery model. The competitive and monopsonistic cases are discussed in detail and compared with the social welfare optimum. The implications for governmental regulation are also investigated.
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