Suchergebnisse

ABSTRACTIn this paper we examine the effects of transfers on the economies of remote regions. A model which describes the consequences of different types of transfers on settlement patterns is developed. The growth of the transfer economy in rural Alaska and its effect on population and income is reviewed. We find that transfer programs in remote regions may have consequences far broader than their original intent. While the programs may improve the standard of living for regional residents, they may also lead to inefficient settlement patterns, increasing dependence on transfers, and a higher cost of eventual adjustment.

We assess the potential magnitude of the economic effects of an ocean acidification (OA) catastrophe by focusing on marine ecosystem services most likely to be affected. It is scientifically plausible that by 2200 OA could cause a complete collapse of marine capture fisheries, complete destruction of coral reefs, and significant rearrangement of marine ecosystems. Upper-bound values for losses from the first two effects range from 97 to 301 billion 2014 dollars per year (0.09 - 0.28% of current world GDP). We argue that aquaculture output would not be reduced, due to the high potential for adaptation by this young industry.

The entry of Pangasius into the E.U. market changed the equilibrium for imported frozen fish fillets. Pangasius is displacing traditional species like cod and hake. In a study, the largest levels of cointegration among species and exporting countries were found in a group including the five top non-European exporters of fish fillets to the E.U. Exports from the U.S. and Russia showed the highest level of significance in the interaction of their prices with those from Vietnam.

The Technology of Property Rights combines the understanding of institutions and institutional change with a discussion of the latest technologies and their influence on the measurement and monitoring of property rights. The contributors analyze specific applications for fisheries, whales, water quality, various pollutants, as well as other pressing environmental issues. No other work brings together an economic understanding of environmental issues with technological expertise in the way this volume does