International Economics Commons^™

Aquaculture, Michael Rice

Michael A Rice

This is the chapter on small-scale aquaculture within a volume intended as a guide for practitioners engaged in sustainable rural livelihood and food production projects in the developing world. Included in this chapter on aquaculture are fundamentals of aquaculture water quality, selection of sites and construction methods for fish ponds, and management techniques for carp and tilapia which are nutritious and easy to grow in artisanal ponds. The fundamentals of cage culture of fish is also covered, along with the fundamentals of culturing oysters and other molluscan shellfish in coastal waters.

Discrete Choice Models And Valuation Experiments, Massimiliano Mazzanti

Massimiliano Mazzanti

No abstract provided.

Technical Efficiency Of The Danish Trawl Fleet: Are The Industrial Vessels Better Than Others?, Niels Vestergaard, Dale Squires, Frank Jensen, Jesper Levring Andersen

Niels Vestergaard

Technical efficiency in the Danish trawl fishery in the North Sea is estimated for 1997-1998 with a stochastic production frontier model. This model allows for both technical efficiency and a stochastic environment. The results show that the production frontier can be modelled by a translog function with time effects and a technical inefficiency function. The type of fishery (industrial or consumption) and size of vessel give a good explanation for the inefficiency of the fleet. The average technical efficiency is estimated to be 0.80. On avrage, industrial vessels have a higher technical efficiency than human consumption vessels, and smaller industrial …

Applied Monetary Policy And Bank Supervision By The Ecb, Mads Andenas, Lazaros E. Panourgias

Mads Andenas

Monetary policy and banking supervision are closely related and interdependent concepts. Monetary policy and central banking are not defined in such a manner in the Maastricht Treaty that it precludes the European Central Bank from taking on a wider responsibility for financial stability and the handling of banking crises. The article introduced the term 'macro-prudential supervision', explained as 'supervision with a view to safeguarding systemic stability', in a section with the heading 'Default Supervision of Central Banks'.

Immigration And Social Justice, David Ingram

David Ingram

A Principal-Agent Analysis Of Fisheries, Frank Jensen, Niels Vestergaard

Niels Vestergaard

Very little principal-agent analysis has been done within the fisheries economic literature. This paper conducts a principal-agent analysis of fisheries. Within a standard principal-agent model, the low-cost agent must be allowed the same level of effort as under complete information. This conclusion does not hold for fisheries, because of a resource restriction and the fact that maximisation takes place over two variables. By means of comparative-static analysis, this paper argues that the low-cost agent must be allowed a larger effort than under complete information.

Pragmatic Approaches To Patronage, Omer Gokcekus, Ranjana Mukherjee, Nick Manning

Omer Gokcekus

No abstract provided.

Management Of Fisheries In Eu: A Principal-Agent Analysis, Frank Jensen, Niels Vestergaard

Niels Vestergaard

In this paper, an EU tax on fishing effort is studied as an alternative to the system of Total Allowable Catches (TACs). The analysis is conducted under imperfect information, and the hypothesis adopted is that the EU lacks information about the costs of individual fishermen. In light of this imperfection, there are at least two reasons for considering an EU tax. First, it can be used to correct part of the market failure associated with fisheries. Second, it can be used to secure correct revelation of fishermen types in light of asymmetric information.

Les 35 Heures, Tout N'Est Pas Noir, Thierry Warin

Thierry Warin

Si l’on n’y prend pas garde, la réduction du temps de travail légal entraînera des effets non anticipés par le gouvernement. L’un d’entre eux est celui de l’augmentation du « travail au noir ». Aujourd’hui, les salariés sont contraints à ne pas dépasser 39 heures. S’ils le désirent, ils peuvent travailler moins en utilisant les contrats à temps partiel, mais en aucun cas, ils ne peuvent dépasser cette durée légale. Pourtant, certains d’entre eux utilisent leur temps libre pour arrondir les fins de mois. Des métiers sont plus propices à ces activités illégales : qui n’a jamais utilisé les services …

Institutional Changes And Discretionary Value For Property Rights In Drylands’ Farming Of The Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Research on land tenure and use control and the socioeconomic sets of regulations in the agricultural rainfed sub sector of Sudan, come to focus for many reasons. Anthropogenic pressure, expanding animal population and migration led to accelerated impacts on both the ecological systems and land yields. Conflicts between governmental regulations and indigenous rules contribute to generate inconsistencies on who have the right to till the land and hence own it. With such transformation logically, more intensive commercial farming took place and land intake exponentially increased. Private or collective property rights of land are procured through traditional tenure, prescription, settlement or …

Comercio Intraindustrial En Europa: Determinantes Nacionales, Miguel Carrera Troyano

Miguel Carrera Troyano

En este trabajo se contrasta empíricamente la capacidad de los determinantes propuestos por la teoría para explicar la variación por países de los índices bilaterales de comercio intraindustrial (total, horizontal y vertical) de cinco países europeos (España, Francia, Alemania, Italia y Reino Unido). Tras presentar la metodología empleada para distinguir el comercio intraindustrial vertical y horizontal se presentan los resultados de la aplicación a los cinco países. Asimismo, se proponen y contrastan diferentes hipótesis explicativas, sin seguir un único modelo teórico, de la variabilidad entre países de los índices de comercio intraindustrial. Se concluye, entre otras cosas, que una parte …

Measures Of Welfare Effects In Multiproduct Industries: The Case Of Multispecies Individual Quota Fisheries, Niels Vestergaard

Niels Vestergaard

A framework is developed to measure the welfare effects of individual quota reforms in multiproduct industries using the multimarket welfare measure techniques suggested by Just, Hueth, and Schmitz (1982) and the concept of virtual price in the production theory literature (Neary 1995; Squires and Kirkley 1996). Under joint in input production it shown that quasirent under a single quota can be measured by the producer surplus either in the output market for quota output or in the quota market. Under multiple quotas the welfare effects of quota policies can be measured in one of the quota markets using inverse derived …

People Adrift: Migration And Development (In Dutch), Free University, Amsterdam, Henk Lm Kox, Ko Heins

Henk LM Kox

People adrift is an edited volume that offers a rich perspective on migration and development. The introductory chapter by both editors provides an analytic survey of the major issues and their relations. The ten next chapters deal with migration motives, economic mechanisms, environmental issues, social and economic impacts on regions, relation with refugee flows and immigration barriers.

Africa And The New World Order, Andrew Ewoh

Andrew I.E. Ewoh

What is the plight of Africa under the New World Order? The paper argues that the NWO poses severe economic problems for African nations. It offers two main practical solutions for these problems and plausible policy implications. The analysis concludes by acknowledging that structural adjustment programs as traditionally suggested by the International Monetary Fund and democratization of the polity will not guarantee economic prosperity for the continent.

Multinational Enterprises: The Constitution Of A Pluralistic Legal Order, Jean-Philippe Robé

Jean-Philippe Robé

No abstract provided.

Rising Temperatures: Rising Tides, Prof. Elizabeth Burleson

Prof. Elizabeth Burleson

Transboundary environmental problems do not distinguish between political boundaries. Global warming is expected to cause thermal expansion of water and melt glaciers. Both are predicted to lead to a rise in sea level. We must enlarge our paradigms to encompass a global reality and reliance upon global participation.

L'Entreprise En Droit, Jean-Philippe Robé

Jean-Philippe Robé

No abstract provided.

Bæredygtig Udnyttelse Af Fornybare Ressourcer: Torskefiskeriet Ved Færøerne, Niels Vestergaard

Niels Vestergaard

The Faroe Islands cod fishery is analyzed for the period 1985-1992. It is shown that an approximately optimal and implementable fishery policy based on sustainability have increased the gross national income in the fishery by about 20%. This loss is due to an inoptimal organization of the fishery during that period combined with a very low cod stock at the end of 1992, which means reduced future catch possibilities. that the fishing capacity could have been reduced by about 1/3. The policy of sustainability is applied to the current situation in the fishery, and it is shown that the current …

Strategic Planning Of Seaport Development In A Global Economy: Observations Of An Executive Port Director, Herman L. Boschken

Herman L. Boschken

Seaport management is central both to the use of coastal resources and to the needs of a global economy. As a major point of supply-chain activity along the coast and as a source of pollution, ports need to be administered strategically to provide the greatest benefit according to economic and environmental demands. This article is an annotated conversation that provides a practitioner's insight into the management of change along the coastal zone. To address the problem, we probe organization theory for new insight and attempt to apply concepts to practice.

The Critical Wage, Unemployment Duration, And Wage Expectations: The Case Of Chile, A. Studenmund, Sholeh Maani

A. H. Studenmund

This study tests the relevance of the job search model to understanding unemployment in developing countries by utilizing a 1982 data set describing unemployed men in Chile. The findings indicate that the model is relevant to a developing country: the job seekers studied based their critical wages on their perceptions of their own productivity, economic resources, and search costs, and they reduced their wage requirements as the duration of their unemployment increased. The authors also show, in the first direct test of this question, that the critical wage and the expected wage are determined jointly and that the expected wage …

Economic Democracy : The Challenge Of The 1980s, Derek Shearer, Martin Carnoy

Derek Shearer

This text discusses the economic, social and political implications of redirecting labour and capital from a military-based to a post-Cold War economy.

Regional Economic And Demographic Analysis For Cleveland, Ohio, Thomas Bausch, Lawrence Cima, Joseph Bombelles

Lawrence R. Cima

No abstract provided.

A Cross-Sectional Analysis Of The Law Of Declining International Trade, A. Studenmund

A. H. Studenmund

No abstract provided.