000014523 001__ 14523
000014523 005__ 20180122195450.0
000014523 037__ $$a1669-2016-136470
000014523 041__ $$aen
000014523 245__ $$aA TALE OF TWO CLAMS: POLICY ANTICIPATION AND INDUSTRY PRODUCTIVITY
000014523 260__ $$c2003
000014523 269__ $$a2003
000014523 270__ $$mbrandt@resecon.umass.edu$$pBrandt,   Sylvia
000014523 300__ $$a28
000014523 336__ $$aWorking or Discussion Paper
000014523 446__ $$aEnglish
000014523 490__ $$aWorking Paper 2003-10
000014523 520__ $$aSound environmental regulation must achieve environmental objectives while maximizing economic efficiency.  This paper evaluates the impact of regulation on efficiency by measuring annual productivity across regulatory regimes in two similar fisheries with differing policy expectations.  Anticipation of regulatory change produced strategic behavior in one fishery, leading to depressed productivity; in the other, regulatory change was not expected, and productivity did not suffer.  These results imply that fisheries regulation should take into account both firms' policy expectations and the potentially perverse incentives that may be created by policy change.
000014523 650__ $$aAgricultural and Food Policy
000014523 650__ $$aEnvironmental Economics and Policy
000014523 650__ $$aProductivity Analysis
000014523 700__ $$aBrandt, Sylvia J.
000014523 8564_ $$s201440$$uhttp://ageconsearch.umn.edu/record/14523/files/wp030010.pdf
000014523 887__ $$ahttp://purl.umn.edu/14523
000014523 909CO $$ooai:ageconsearch.umn.edu:14523$$pGLOBAL_SET
000014523 912__ $$nMade available in DSpace on 2007-03-08T01:57:26Z (GMT). No. of bitstreams: 1
wp030010.pdf: 201440 bytes, checksum: 7bd4eb3b6d13d523c0851f98df5f76b5 (MD5)
  Previous issue date: 2003
000014523 982__ $$gUniversity of Massachusetts, Amherst>Department of Resource Economics>Working Paper Series
000014523 980__ $$a1669