Fisheries and the Processing Sector: Some Implications for Management Policy

Colin W. Clark and Gordon R. Munro

Bell Journal of Economics, 1980, vol. 11, issue 2, 603-616

Abstract: 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.

Date: 1980
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