Search

Search Results

• 41. [Article] Environmental Impacts on Optimal Trade Policies

  This paper examines the impacts of tightening environmental regulations on optimal trade and investment policies. We find that for a small open two-sector economy with an importable sector relying on foreign ...

  Citation × Citation Citation Abstract Copy Title: Environmental Impacts on Optimal Trade Policies Author: Chao, Chi-Chur, Yu, Eden S.H. Year: 2001 This paper examines the impacts of tightening environmental regulations on optimal trade and investment policies. We find that for a small open two-sector economy with an importable sector relying on foreign capital while emitting pollution, a more stringent environmental measure leads to a higher optimal tariff and possibly a higher optimal tax on foreign capital. This result holds whether or not there are capital tax credits in the foreign country. When such tax credits are in place in the foreign country, three possible cases regarding the domestic capital tax rate relative to the foreign rate are identified and examined. In one such case, multiple equilibria of optimal policies may exist. Title: Environmental Impacts on Optimal Trade Policies Author: Chao, Chi-Chur, Yu, Eden S.H. Year: 2001 This paper examines the impacts of tightening environmental regulations on optimal trade and investment policies. We find that for a small open two-sector economy with an importable sector relying on foreign capital while emitting pollution, a more stringent environmental measure leads to a higher optimal tariff and possibly a higher optimal tax on foreign capital. This result holds whether or not there are capital tax credits in the foreign country. When such tax credits are in place in the foreign country, three possible cases regarding the domestic capital tax rate relative to the foreign rate are identified and examined. In one such case, multiple equilibria of optimal policies may exist. Close

• 42. [Article] Cross-Hauling of Polluting Factors: Extended Abstract

  Abstract only

  Citation × Citation Citation Abstract Copy Title: Cross-Hauling of Polluting Factors: Extended Abstract Author: McAusland, Carol Year: 2001 Abstract only Title: Cross-Hauling of Polluting Factors: Extended Abstract Author: McAusland, Carol Year: 2001 Abstract only Close

• 43. [Article] Profit Sharing in Renewable Resource industries: Implications and Optimal Management

  Abstract only.

  Citation × Citation Citation Abstract Copy Title: Profit Sharing in Renewable Resource industries: Implications and Optimal Management Author: LaRiviere, Jacob Abstract only. Title: Profit Sharing in Renewable Resource industries: Implications and Optimal Management Author: LaRiviere, Jacob Abstract only. Close

• 44. [Article] Investment and Development of Fishing Resources: A Real Options Approach

  The valuation of the opportunity to either invest or exploit a fishery is particularly difficult because of the high uncertainty concerning the resource price. The traditional net-present-value (NPV) and ...

  Citation × Citation Citation Abstract Copy Title: Investment and Development of Fishing Resources: A Real Options Approach Author: Murillas, Arantza Year: 2001 The valuation of the opportunity to either invest or exploit a fishery is particularly difficult because of the high uncertainty concerning the resource price. The traditional net-present-value (NPV) and other discounted-cash-flows (DCF) methods cannot properly capture the management's flexibility and strategic value aspects of a fishery, thus they may understate its value. The rationale for using an option-based approach to capital budgeting arises from its potential to conceptualize and quantify this flexibility, as new information arrives, to alter its operating strategy, to defer investments, to shut down (and restart) fishery development. Real Options valuation has traditionally been applied in the area of natural resource investments different from fishing resources. This paper presents a general bioeconomic model for the value of a fishery. It suffices to determine not only the value of the fishery when open and closed, but also the optimal policy for opening, closing and setting the harvest rate. Moreover, the paper turns to the valuation of a fishery investment opportunity and the optimal investment rule. The natural growth rate of fishing resource stock and the production function are those of the Schaefer model. Finally, results for the Pacific Yellowfin ~l~na are presented. Title: Investment and Development of Fishing Resources: A Real Options Approach Author: Murillas, Arantza Year: 2001 The valuation of the opportunity to either invest or exploit a fishery is particularly difficult because of the high uncertainty concerning the resource price. The traditional net-present-value (NPV) and other discounted-cash-flows (DCF) methods cannot properly capture the management's flexibility and strategic value aspects of a fishery, thus they may understate its value. The rationale for using an option-based approach to capital budgeting arises from its potential to conceptualize and quantify this flexibility, as new information arrives, to alter its operating strategy, to defer investments, to shut down (and restart) fishery development. Real Options valuation has traditionally been applied in the area of natural resource investments different from fishing resources. This paper presents a general bioeconomic model for the value of a fishery. It suffices to determine not only the value of the fishery when open and closed, but also the optimal policy for opening, closing and setting the harvest rate. Moreover, the paper turns to the valuation of a fishery investment opportunity and the optimal investment rule. The natural growth rate of fishing resource stock and the production function are those of the Schaefer model. Finally, results for the Pacific Yellowfin ~l~na are presented. Close

• 45. [Article] Cultured Marine Forest as a Key Concept for Responsible Fisheries

  Research Paper

  Citation × Citation Citation Abstract Copy Title: Cultured Marine Forest as a Key Concept for Responsible Fisheries Author: Matsuda, Yoshiaki Research Paper Title: Cultured Marine Forest as a Key Concept for Responsible Fisheries Author: Matsuda, Yoshiaki Research Paper Close

• 46. [Article] Credit Services and Women Empowerment in Coastal Fishing Communities: An Empirical Survey

  Research Paper

  Citation × Citation Citation Abstract Copy Title: Credit Services and Women Empowerment in Coastal Fishing Communities: An Empirical Survey Author: Uddin, Modammed Jamal, Sultana, Tunazzina, Solaiman, Mohammed Research Paper Title: Credit Services and Women Empowerment in Coastal Fishing Communities: An Empirical Survey Author: Uddin, Modammed Jamal, Sultana, Tunazzina, Solaiman, Mohammed Research Paper Close

• 47. [Article] Journey to Sustainable Fisheries Management: Organizational and Institutional Limitations in Fisheries Co-management, the Case of Lakes Malombe and Chiuta in Malawi

  Fisheries resource management in Malawi, has so far gone through three types of management systems which can effectively be defined, if not more. In the pre-colonial era, fisheries resource management ...

  Citation × Citation Citation Abstract Copy Title: Journey to Sustainable Fisheries Management: Organizational and Institutional Limitations in Fisheries Co-management, the Case of Lakes Malombe and Chiuta in Malawi Author: Donda, Steve Year: 2001 Fisheries resource management in Malawi, has so far gone through three types of management systems which can effectively be defined, if not more. In the pre-colonial era, fisheries resource management was under the control of traditional leaders, which fall under the Community Based Natural Resource Management System. Thereafter, up to this day, most fishery resources in Malawi are entirely controlled by the government, under the Centralised Fishery Management System. Of late a number of Fisheries in Malawi, like those of lakes Malombe, Chiuta and Chilwa have adopted the Fisheries Co-management approach. Fisheries co-management in Malawi was introduced in 1993. Experiences so far gained indicate that sustainable fisheries resource co-management necessitates the acceptance and embeddedness of the user group representative bodies within the fishing communities. Resource user representation and transparency in decision making process are important in institutional development as these in turn impact on the legitimacy and compliancy of the developed institutions. An understanding of the local organisational set-up and its dynamics is vital for proper planning and implementation of the co-management approach. This paper gives experiences and lessons learnt from co-management arrangements in lakes Malombe and Chiuta. Title: Journey to Sustainable Fisheries Management: Organizational and Institutional Limitations in Fisheries Co-management, the Case of Lakes Malombe and Chiuta in Malawi Author: Donda, Steve Year: 2001 Fisheries resource management in Malawi, has so far gone through three types of management systems which can effectively be defined, if not more. In the pre-colonial era, fisheries resource management was under the control of traditional leaders, which fall under the Community Based Natural Resource Management System. Thereafter, up to this day, most fishery resources in Malawi are entirely controlled by the government, under the Centralised Fishery Management System. Of late a number of Fisheries in Malawi, like those of lakes Malombe, Chiuta and Chilwa have adopted the Fisheries Co-management approach. Fisheries co-management in Malawi was introduced in 1993. Experiences so far gained indicate that sustainable fisheries resource co-management necessitates the acceptance and embeddedness of the user group representative bodies within the fishing communities. Resource user representation and transparency in decision making process are important in institutional development as these in turn impact on the legitimacy and compliancy of the developed institutions. An understanding of the local organisational set-up and its dynamics is vital for proper planning and implementation of the co-management approach. This paper gives experiences and lessons learnt from co-management arrangements in lakes Malombe and Chiuta. Close

• 48. [Article] Promotion Strategy for Fishery Community Involvement: lesson learned from Baan Bang-rong, Talang district, Phuket

  Research Paper

  Citation × Citation Citation Abstract Copy Title: Promotion Strategy for Fishery Community Involvement: lesson learned from Baan Bang-rong, Talang district, Phuket Author: Laowapong, Amporn Research Paper Title: Promotion Strategy for Fishery Community Involvement: lesson learned from Baan Bang-rong, Talang district, Phuket Author: Laowapong, Amporn Research Paper Close

• 49. [Article] Factors Influencing the Emergence of Collective Action in a Traditional Fishery of Oman: An Empirical Assessment of Three Coastal Fishing Towns in South Al-Batinah

  Research Paper

  Citation × Citation Citation Abstract Copy Title: Factors Influencing the Emergence of Collective Action in a Traditional Fishery of Oman: An Empirical Assessment of Three Coastal Fishing Towns in South Al-Batinah Author: Al-Oufi, H. S. Research Paper Title: Factors Influencing the Emergence of Collective Action in a Traditional Fishery of Oman: An Empirical Assessment of Three Coastal Fishing Towns in South Al-Batinah Author: Al-Oufi, H. S. Research Paper Close

• 50. [Article] Endangered, Threatened, and Protected Species: Challenges of Managing Living Marine Resources in an Internally Conflicted Regulatory Environment and the Opportunities They Present

  Natural resource management is a challenging undertaking in the best of circumstances. However, managing living marine resources is frequently confounded by the vast, alien, and oft-times hostile physical ...

  Citation × Citation Citation Abstract Copy Title: Endangered, Threatened, and Protected Species: Challenges of Managing Living Marine Resources in an Internally Conflicted Regulatory Environment and the Opportunities They Present Author: Queirolo, Lewis E. Year: 2001 Natural resource management is a challenging undertaking in the best of circumstances. However, managing living marine resources is frequently confounded by the vast, alien, and oft-times hostile physical environment within which the organisms reside. The subtleties and complexity of the marine life-web, which in important respects have come to include the traditional relationships, forged over millennia, of individual human populations, all contribute to the intricate biological, political, economic, and social undercurrents that define and drive the management decision-making process. The remarks and observations offered here pertain primarily to the U.S. Federal resource management process, as it bears on the exploitation and conservation of the fish, shellfish, mammals, birds, and other marine organisms of the U.S. Extended Economic Zone (EEZ). Prior to the establishment of the U.S. extended management zone, the principal role of the “Feds” in marine fisheries management was connected with bilateral and multilateral international agreements on “high-seas” access to (and conservation of) these open access or common-property resources. The predecessor agency of the National Marine Fisheries Service (NMFS), the Bureau of Commercial Fisheries, by-in-large, represented the U.S. “marine fisheries management” interests on the world’s oceans Title: Endangered, Threatened, and Protected Species: Challenges of Managing Living Marine Resources in an Internally Conflicted Regulatory Environment and the Opportunities They Present Author: Queirolo, Lewis E. Year: 2001 Natural resource management is a challenging undertaking in the best of circumstances. However, managing living marine resources is frequently confounded by the vast, alien, and oft-times hostile physical environment within which the organisms reside. The subtleties and complexity of the marine life-web, which in important respects have come to include the traditional relationships, forged over millennia, of individual human populations, all contribute to the intricate biological, political, economic, and social undercurrents that define and drive the management decision-making process. The remarks and observations offered here pertain primarily to the U.S. Federal resource management process, as it bears on the exploitation and conservation of the fish, shellfish, mammals, birds, and other marine organisms of the U.S. Extended Economic Zone (EEZ). Prior to the establishment of the U.S. extended management zone, the principal role of the “Feds” in marine fisheries management was connected with bilateral and multilateral international agreements on “high-seas” access to (and conservation of) these open access or common-property resources. The predecessor agency of the National Marine Fisheries Service (NMFS), the Bureau of Commercial Fisheries, by-in-large, represented the U.S. “marine fisheries management” interests on the world’s oceans Close