Arbeitspapier
Output Substitution in a Regulated Fishery
Production condition and behavioural reactions have traditionally been modelled in unregulated industries. The paper examines the impact that output regulation will have in an industry of multiple outputs where production of regulated and unregulated outputs are combined. The industrys respond to output regulation is critical depending on whether the regulated and unregulated outputs are produced as complements or substitutes in the production process. The elasticity between restricted and unrestricted outputs measure the output transformation in the regulated industry. Applied on a regulated fishery that consists of revenue maximising firms the paper examines how a tightening of the output regulation will affect the exploitation of the unregulated fish resources.
- Language
-
Englisch
- Bibliographic citation
-
Series: IME Working Paper ; No. 7
- Classification
-
Wirtschaft
- Subject
-
Output Regulation
Revenue Maximation
Multiproduct Industry
Pelagic Fishery
Fischereipolitik
Dänemark
Nordsee
- Event
-
Geistige Schöpfung
- (who)
-
Jensen, Carsten Lynge
- Event
-
Veröffentlichung
- (who)
-
University of Southern Denmark, Department of Environmental and Business Economics (IME)
- (where)
-
Esbjerg
- (when)
-
2000
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Jensen, Carsten Lynge
- University of Southern Denmark, Department of Environmental and Business Economics (IME)
Time of origin
- 2000
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