IDEAS home Printed from https://ideas.repec.org/p/ags/aaea02/19606.html
   My bibliography  Save this paper

Economic Policy, Institutions And Fisheries Development In The Pacific

Author

Listed:
  • Petersen, Elizabeth H.

Abstract

The South Pacific is home to the world's largest and most valuable tuna fishery. Despite this, the Pacific island countries have found it tremendously difficult to capture significant economic rents from the resource. It is argued in this paper that poor economic policy partly explains this. However, poor policies are preventing the implementation of strong, cost-effective institutions for the governance of the fishery which, coupled with strong institutions for broad social and economic governance, are required for development of the industry. Opportunities for policy reform that is likely to lead to significant gains from the fishery are highlighted.

Suggested Citation

  • Petersen, Elizabeth H., 2002. "Economic Policy, Institutions And Fisheries Development In The Pacific," 2002 Annual meeting, July 28-31, Long Beach, CA 19606, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea02:19606
    DOI: 10.22004/ag.econ.19606
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/19606/files/sp02pe08.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.19606?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
    ---><---

    References listed on IDEAS

    as
    1. Rachel A. Schurman, 1998. "Tuna Dreams: Resource Nationalism and the Pacific Islands' Tuna Industry," Development and Change, International Institute of Social Studies, vol. 29(1), pages 107-136, January.
    2. Mancur Olson, 1996. "Distinguished Lecture on Economics in Government: Big Bills Left on the Sidewalk: Why Some Nations Are Rich, and Others Poor," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 3-24, Spring.
    3. R. Quentin Grafton & Leif K. Sandal & Stein Ivar Steinshamn, 2000. "How to Improve the Management of Renewable Resources: The Case of Canada's Northern Cod Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 570-580.
    4. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 9, pages 178-203, Palgrave Macmillan.
    5. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 124-124.
    6. Douglass C. North, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter.
    7. Matthews, R C O, 1986. "The Economics of Institutions and the," Economic Journal, Royal Economic Society, vol. 96(384), pages 903-918, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nichols, Rachel & Yamazaki, Satoshi & Jennings, Sarah & Watson, Reg A., 2015. "Fishing access agreements and harvesting decisions of host and distant water fishing nations," Marine Policy, Elsevier, vol. 54(C), pages 77-85.
    2. Andy Thorpe & Chris Reid & Raymon Van Anrooy & Cecile Brugere, 2005. "Integrating fisheries into the national development plans of Small Island Developing States (SIDS): Ten years on from Barbados," Natural Resources Forum, Blackwell Publishing, vol. 29(1), pages 51-69, February.
    3. McGaw, Richard, 2003. "Aboriginal fisheries policy in Atlantic Canada," Marine Policy, Elsevier, vol. 27(5), pages 417-424, September.

    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. Poudel, Diwakar & Sandal, Leif K. & Steinshamn, Stein I. & Kvamsdal, Sturla F., 2012. "Do Species Interactions and Stochasticity Matter to Optimal Management of Multispecies Fisheries?," Discussion Papers 2012/1, Norwegian School of Economics, Department of Business and Management Science.
    2. Sarker, Ashutosh & Itoh, Tadao, 2001. "Design principles in long-enduring institutions of Japanese irrigation common-pool resources," Agricultural Water Management, Elsevier, vol. 48(2), pages 89-102, June.
    3. Sarkar, Sudipto, 2009. "Optimal fishery harvesting rules under uncertainty," Resource and Energy Economics, Elsevier, vol. 31(4), pages 272-286, November.
    4. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    5. Gan, Christopher E.C. & Cullen, Ross, 1996. "The Implications of the Resource Management Act to Property Rights in Agriculture Land Use in New Zealand," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 64(03), pages 1-9, December.
    6. John Lynham, 2012. "Ecomarkets For Conservation And Sustainable Development in the Coastal Zone," Working Papers 201218, University of Hawaii at Manoa, Department of Economics.
    7. Kotchen, Matthew J. & Salant, Stephen W., 2011. "A free lunch in the commons," Journal of Environmental Economics and Management, Elsevier, vol. 61(3), pages 245-253, May.
    8. Angela Münch, 2010. "Agri-Environmental Schemes and Grassland Biodiversity: Another Side of the Coin," Jena Economics Research Papers 2010-026, Friedrich-Schiller-University Jena.
    9. Tisdell, Clement A., 2005. "The Environment and the Selection of Aquaculture Species and Systems: An Economic Analysis," Economics, Ecology and Environment Working Papers 55091, University of Queensland, School of Economics.
    10. Per Sandberg, 2006. "Variable unit costs in an output-regulated industry: The Fishery," Applied Economics, Taylor & Francis Journals, vol. 38(9), pages 1007-1018.
    11. David Corderí Novoa., 2008. "Deforestation and Property Rights: A Comparison between Former British and Spanish Colonies," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 7, pages 1-14, July.
    12. Holland, Daniel S. & Herrera, Guillermo E., 2012. "The impact of age structure, uncertainty, and asymmetric spatial dynamics on regulatory performance in a fishery metapopulation," Ecological Economics, Elsevier, vol. 77(C), pages 207-218.
    13. Schnier, Kurt Erik, 2009. "Spatial externalities and the common-pool resource mechanism," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 402-415, May.
    14. Tisserand, Jean-Christian & Hopfensitz, Astrid & Blondel, Serge & Loheac, Youenn & Mantilla, César & Mateu, Guillermo & Rosaz, Julie & Rozan, Anne & Willinger, Marc & Sutan, Angela, 2022. "Management of common pool resources in a nation-wide experiment," Ecological Economics, Elsevier, vol. 201(C).
    15. Levison S. Chiwaula & Gowokani Chijere Chirwa & Lucy S. Binauli & James Banda & Joseph Nagoli, 2018. "Gender differences in willingness to pay for capital-intensive agricultural technologies: the case of fish solar tent dryers in Malawi," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 6(1), pages 1-15, December.
    16. Abdelilah Hamdouch & Marc-Hubert Depret, 2005. "Carences institutionnelles et rationnement de l'accès à la santé dans les pays en développement : repères et enjeux," Mondes en développement, De Boeck Université, vol. 131(3), pages 11-28.
    17. Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, September.
    18. Wang, Ying & Hu, Jianfeng & Pan, Haoran & Li, Shiyu & Failler, Pierre, 2016. "An integrated model for marine fishery management in the Pearl River Estuary: Linking socio-economic systems and ecosystems," Marine Policy, Elsevier, vol. 64(C), pages 135-147.
    19. Schiff, Maurice, 2024. "Population Growth and the Tragedy of the Commons: Can Trade Prevent Natural Resource and Welfare Collapse?," IZA Discussion Papers 17200, Institute of Labor Economics (IZA).
    20. Buchanan, James M. & Yoon, Yong J., 2004. "Majoritarian exploitation of the fiscal commons: general taxes-differential transfers," European Journal of Political Economy, Elsevier, vol. 20(1), pages 73-90, March.

    More about this item

    Keywords

    Resource/Energy Economics and Policy;

    Statistics

    Access and download statistics

    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:ags:aaea02:19606. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    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.