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Marine Resource Economics >
Volume 03, Number 2, 1986 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/47831
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| Title: | A Short-Run Model of Capital Stuffing in the Pacific Halibut Fishery |
| Authors: | Stollery, Kenneth R. |
| Issue Date: | 1986 |
| Series/Report no.: | Marine Resource Economics
Vol. 3 No. 2 |
| Abstract: | One of the predicted effects of regulation to curtail overfishing is "capital stuffing," in which boats are overcapitalized
to take maximum advantage of limited-entry licensing or restrictions of the fishing season. The present paper utilizes a
short-run competitive fishery model to assess the effects of quotas and season restrictions in the Pacific halibut fishery. The results in this case show labor productivity (a proxy for capital intensity)
to be less strongly related to the length of the fishing season than to the halibut price, implying that the main effect of the quota may be an indirect one, through restricting supply and raising the price. |
| URI: | http://purl.umn.edu/47831 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 03, Number 2, 1986 |
| Total Pages: | 17 |
| From Page: | 137 |
| To Page: | 153 |
| Collections: | Volume 03, Number 2, 1986
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