IDEAS home Printed from https://ideas.repec.org/a/kap/enreec/v61y2015i1p87-90.html
   My bibliography  Save this article

The Economic Incentives Underlying Resource and Environmental Depletion

Author

Listed:
  • Colin Clark
  • Jin Yoshimura

Abstract

We discuss the current global economic crisis as an analog of short-term harvesting of a biological resource, in which motives of short-term profit over-ride sustainability considerations. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Colin Clark & Jin Yoshimura, 2015. "The Economic Incentives Underlying Resource and Environmental Depletion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(1), pages 87-90, May.
    • Handle: RePEc:kap:enreec:v:61:y:2015:i:1:p:87-90
    DOI: 10.1007/s10640-014-9763-2
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10640-014-9763-2
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10640-014-9763-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Clark, Colin W. & Munro, Gordon R., 1975. "The economics of fishing and modern capital theory: A simplified approach," Journal of Environmental Economics and Management, Elsevier, vol. 2(2), pages 92-106, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Squires, Dale & Vestergaard, Niels, 2013. "Technical change in fisheries," Marine Policy, Elsevier, vol. 42(C), pages 286-292.
    2. Guillaume Bataille & Benteng Zou, 2024. "International Fisheries Agreements: Endogenous Exits, Shapley Values, and Moratorium Fishing Policy," DEM Discussion Paper Series 24-06, Department of Economics at the University of Luxembourg.
    3. Stoeven, Max T. & Quaas, Martin F., 2012. "Privatizing renewable resources: Who gains, who loses?," Economics Working Papers 2012-02, Christian-Albrechts-University of Kiel, Department of Economics.
    4. Anders Skonhoft, 1999. "On the Optimal Exploitation of Terrestrial Animal Species," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 13(1), pages 45-57, January.
    5. Hutton, Trevor & Sumaila, Ussif Rashid, 2002. "Natural Resource Accounting And South African Fisheries: A Bio-Economic Assessment Of The West Coast Deep-Sea Hake Fishery With Reference To The Optimal Utilisation And Management Of The Resource," Discussion Papers 18018, University of Pretoria, Center for Environmental Economics and Policy in Africa.
    6. Eppink, Florian V. & van den Bergh, Jeroen C.J.M., 2007. "Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review," Ecological Economics, Elsevier, vol. 61(2-3), pages 284-293, March.
    7. Olli Tahvonen, 1991. "On the dynamics of renewable resource harvesting and pollution control," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 1(1), pages 97-117, March.
    8. Clark, Colin W. & Munro, Gordon R. & Sumaila, Ussif Rashid, 2005. "Subsidies, buybacks, and sustainable fisheries," Journal of Environmental Economics and Management, Elsevier, vol. 50(1), pages 47-58, July.
    9. Christian Elleby & Frank Jensen, 2018. "How Many Instruments Do We Really Need? A First-Best Optimal Solution to Multiple Objectives with Fisheries Regulation," IFRO Working Paper 2018/05, University of Copenhagen, Department of Food and Resource Economics.
    10. Manuel Pacheco Coelho, 2011. "Hunting Rights and Conservation: The Portuguese Case," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 1(4), pages 164-164.
    11. Arnason, Ragnar, 2009. "Conflicting uses of marine resources: can ITQs promote an efficient solution?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(1), pages 1-30.
    12. Yamazaki, Satoshi & Grafton, R. Quentin & Kompas, Tom, 2010. "Non-consumptive values and optimal marine reserve switching," Ecological Economics, Elsevier, vol. 69(12), pages 2427-2434, October.
    13. Grafton, R. Quentin & Kompas, Tom & Chu, Long & Che, Nhu, 2010. "Maximum economic yield," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(3), pages 1-8.
    14. Fabrice Collard & Carole Haritchabalet, 2012. "Valuing satellite systems to support fishing in a dynamic competitive model," Applied Economics, Taylor & Francis Journals, vol. 44(7), pages 899-916, March.
    15. Luca Lambertini & George Leitmann, 2013. "Market Power, Resource Extraction and Pollution: Some Paradoxes and a Unified View," Dynamic Modeling and Econometrics in Economics and Finance, in: Jesús Crespo Cuaresma & Tapio Palokangas & Alexander Tarasyev (ed.), Green Growth and Sustainable Development, edition 127, pages 143-164, Springer.
    16. Pedro Pintassilgo & Michael Finus & Marko Lindroos & Gordon Munro, 2010. "Stability and Success of Regional Fisheries Management Organizations," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(3), pages 377-402, July.
    17. Sarkar, Sudipto, 2009. "Optimal fishery harvesting rules under uncertainty," Resource and Energy Economics, Elsevier, vol. 31(4), pages 272-286, November.
    18. Valentina Bosetti & David Tomberlin, 2004. "Fondazione Eni Enrico Mattei," Working Papers 2004.102, Fondazione Eni Enrico Mattei.
    19. Frank Jensen & Jesper Andersen & Carsten Lynge Jensen, 2012. "Investment behaviour in individual nontransferable quota systems," Applied Economics, Taylor & Francis Journals, vol. 44(8), pages 969-978, March.
    20. Maroto, Jose M. & Moran, Manuel, 2008. "Increasing marginal returns and the danger of collapse of commercially valuable fish stocks," Ecological Economics, Elsevier, vol. 68(1-2), pages 422-428, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:enreec:v:61:y:2015:i:1:p:87-90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.