Microeconomic Efficiencies and Macroeconomic Inefficiencies: On Sustainable Fisheries Policies in Very Poor Countries

James R. Wilson () and Jean Boncoeur ()
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James R. Wilson: Gestion des Ressources Maritimes - UQAR - Université du Québec à Rimouski
Jean Boncoeur: AMURE - Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer - IFREMER - Institut Français de Recherche pour l'Exploitation de la Mer - UBO - Université de Brest - IUEM - Institut Universitaire Européen de la Mer - IRD - Institut de Recherche pour le Développement - INSU - CNRS - Institut national des sciences de l'Univers - UBO - Université de Brest - CNRS - Centre National de la Recherche Scientifique - CNRS - Centre National de la Recherche Scientifique

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Abstract: Simple macro-models are used in a two good output spaces to show that, under certain conditions that occur in very poor countries, fisheries policies aimed at concentrating rent and rationalizing excess capacity may result in declines in economic growth. In cases where displaced labour has nowhere else to go, such policies may be welfare decreasing for the country as a whole. The second best policy in these cases would be to encourage open access fishing with controls on overall output. An example based upon information gathered on the shrimp fishery in Madagascar describes the relations between the relative price between artisanal and industrial fishing sectors, and differential effects of the leakage of rents through the net exports equation due to policies favouring capacity rationalization.

Keywords: Development Economics; Development Studies; Development; Soc Sci (search for similar items in EconPapers)
Date: 2008-12-01
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Published in Oxford Development Studies, 2008, 36 (4), pp.439-460. ⟨10.1080/13600810802495688⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00358129

DOI: 10.1080/13600810802495688

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