chapter sixteen
FUNDAMENTAL PRINCIPLES OF THE ECONOMICS OF RENEWABLE RESOURCES:
The Case of Fishery
learning objectives
After reading this chapter you will be familiar with the following:
| • basic features of renewable resources; |
| • a general framework for understanding the basic factors affecting the natural growth rate of the population or the biomass of biological resources such as fish and wildlife; |
| • general characteristics of the natural growth function of a fishery population; |
| • the concept of natural or ecological equilibrium biomass or population size; |
| • derivation of the production function of fishery; |
| • understanding why renewable resources, such as fishery, may be potentially destructible; |
| • the economics of fishery management; |
| • the rationale for regulating the fishery; |
| • some important limitations of the steady-state bioeconomic model of fishery. |
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Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Book title: Principles of Environmental Economics:Economics, Ecology and Public Policy.
Contributors: Ahmed M. Hussen - Author.
Publisher: Routledge.
Place of publication: London.
Publication year: 2000.
Page number: 335.
This material is protected by copyright and, with the exception of fair use, may
not be further copied, distributed or transmitted in any form or by any means.
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