Considering Aquacultural Externality in Coastal Land Allocation Decisions in India
Mahadev Bhat () and
Ramachandra Bhatta
Environmental & Resource Economics, 2004, vol. 29, issue 1, 20 pages
Abstract:
Commercial aquaculture in India has come under attack for having caused negative agricultural and environmental impacts. This paper formulates an interactive model of non-renewable and renewable resources to characterize land allocations between aquaculture and agriculture in ecologically and economically sustainable fashion. Through an empirical application, various economic and policy circumstances that affect the optimal land allocation mix are evaluated. The aquaculture industry must address two economic effects: off-site negative effects on renewable food and other coastal resources, and on-site self-pollution of shrimp ponds. Current regulatory and land-use policies are inadequate to address these effects. Copyright Kluwer Academic Publishers 2004
Keywords: aquaculture; externality; India; non-renewable resources; renewable resources; salinity (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:29:y:2004:i:1:p:1-20
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DOI: 10.1023/B:EARE.0000035424.64335.6d
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