annotated bibliography of fisheries economics literature - Office of ...

Reprint Number 49, Resources for the Future, Inc., 1755 Massachusetts
Avenue, NW, Washington, D.C., September, 8 pp.
This paper discusses the economic consequences of common property
natural resources and suggests some economic criteria that may help to provide
the basis for improvements in the efficient exploitation of marine resources.
First, different kinds of common property resources and the reasons why use of
these resources is shared rather than appropriated by individuals or firms are
identified. Second, some of the more damaging consequences of common property
exploitation are discussed with particular emphasis on economic inefficiency.
The need for public control and that the choice of objectives for control
measures should include economic criteria is pointed out. Finally, policy and
research problems that need to be solved if marine resource exploitation is to
become more efficient in an economic sense are raised.
Christy, Francis T. (1996). The Death Rattle of Open Access and the Advent
of Property Rights Regimes in Fisheries. Marine Resource Economics,
11(4):287-304.
This paper is an attempt to collate the new paradigm of property rights
management for fisheries. The paper begins with a discussion of the present
paradigm of common property or open access fisheries management and the costs
associated with maintaining them. It then postulates the future paradigms as
a basis for setting the goals towards which we should be striving and for
identifying the most significant obstacles in the path. The forces at work
that are leading to the new paradigms are discussed. The paper concludes with
an identification of some of the challenges for administration and research.
An excellent paper.
Christy, Francis T. (1996). Over-Capacity in Fisheries: Problems and
Approaches. Draft Report, IMARIBA, June, 31 pp.
Some suggestions are made for steps that might be followed to facilitate
the task of reducing over-capacity. Basic to the approach is the need to
provide the institutions and create the conditions that will give the
fishermen the incentives to control their investment. Over the long run, the
best solution to problems of fisheries will occur when the fishermen assume
the responsibilities for management.
Christy, Francis T. (1997). The Development and Management of Marine
Fisheries in Latin America and the Caribbean. Policy Research Paper
No. ENV-110, July, 82 pp.
There is a global and regional awareness that marine fisheries resources
have been mismanaged. It is becoming clear that although proper management of
fisheries is a difficult task, it can succeed in capturing economic rents that
were formerly dissipated, and in achieving sustainable use of the resources.
This paper attempts to provide the background information necessary for the
development of a new strategy for the International Development Bank (IDB) and
offers some suggestions for its formulation and implementation.
Christy, F. and A.D. Scott (1965). The Common Wealth in Ocean
Fisheries. The Johns Hopkins Press, Baltimore, Maryland. 281 p.
The authors explore the problems of ocean resources to determine if
contributions toward solutions can be made by social scientists. A better
understanding of the nature of the fisheries of the high seas and the legal
and economic problems stemming from the common property characteristic has to
be the starting point for improvements in national policy and international
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