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Sustainable resource use, economic development, and public regulation

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  • Mohammad Alam
  • Ishak Omar
  • Dale Squires

Abstract

The role of production technology for sustainable economic growth and resource management in the multispecies renewable resources industries is a neglected issue, particularly in complex tropical ecosystems. Given the still rudimentary understanding of biological interactions among species, even in most temperate ecosystems, the importance of under-standing the technological and economic interactions is heightened for sustainable economic growth and public regulation. This paper evaluates these interactions for the multiproduct gill net fisheries of Peninsular Malaysia. Standard price and quantity controls may have little promise. Gear regulations, a policy of constant escapement, and managing the entire mix of species as a single stock for economic rather than biomass yield appear the most promising management tools given the limited regulatory options. Copyright Kluwer Academic Publishers 1996

Suggested Citation

  • Mohammad Alam & Ishak Omar & Dale Squires, 1996. "Sustainable resource use, economic development, and public regulation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 7(2), pages 117-132, March.
    • Handle: RePEc:kap:enreec:v:7:y:1996:i:2:p:117-132
    DOI: 10.1007/BF00699287
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    References listed on IDEAS

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    4. Pauly, D., 1979. "Theory and management of tropical multispecies stocks: a review, with emphasis on the Southeast Asian demersal fisheries," Monographs, The WorldFish Center, number 12263, April.
    5. Denny, Michael & Pinto, Cheryl, 1978. "An Aggregate Model with Multi-Product Technologies," Histoy of Economic Thought Chapters, in: Fuss, Melvyn & McFadden, Daniel (ed.),Production Economics: A Dual Approach to Theory and Applications, volume 2, chapter 9, McMaster University Archive for the History of Economic Thought.
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    1. Stage, Jesper, 2003. "Mixing Oil and Water. Studies of the Namibian Economy," Umeå Economic Studies 611, Umeå University, Department of Economics, revised 19 Nov 2004.
    2. Carsten Lynge Jensen, 2000. "Output Substitution in a Regulated Fishery," Working Papers 7/00, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.

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