Agricultural Sustainability Economic Environmental And Statistical Considera
Agricultural Sustainability Economic Environmental And Statistical Considera
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In our eReader you can find the full English version of the book. Read Agricultural Sustainability Economic Environmental And Statistical Considera Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Agricultural Sustainability Economic Environmental And Statistical Considera
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(b) The fact that fish are common, as opposed to private, property creates special problems in meas- uring NED benefits. Unless entry is restricted, ex- cessive quantities of capital and labor may enter a fishery; that is, entry may continue until the "eco- nomic rent" from the living stock is dissipated. This excess entry will result in economic inefficiency in the utilization of fishery resources because the value of the resulting extra output will be less than the social opportunity cost of ...the entry. Some eco- nomic benefits may be realized but the total bene- fits will not be as large as they might be if entry were restricted. Although evaluation of this poten- tial has been limited by the specification of the with- and without-plan condition in 2. 9. 3, three spe- cific points are worthy of separate mention.
(1) Transitory benefits. Because the benefits from harvesting open-access fisheries tend to be dissi- pated through entry of excess capital and labor, some NED benefits from commercial fishing can be transitory.
What to read after Agricultural Sustainability Economic Environmental And Statistical Considera?
You can find similar books in the "Read Also" column, or choose other free books by Vic Barnett to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(b) The fact that fish are common, as opposed to private, property creates special problems in meas- uring NED benefits. Unless entry is restricted, ex- cessive quantities of capital and labor may enter a fishery; that is, entry may continue until the "eco- nomic rent" from the living stock is dissipated. This excess entry will result in economic inefficiency in the utilization of fishery resources because the value of the resulting extra output will be less than the social opportunity cost of ...the entry. Some eco- nomic benefits may be realized but the total bene- fits will not be as large as they might be if entry were restricted. Although evaluation of this poten- tial has been limited by the specification of the with- and without-plan condition in 2. 9. 3, three spe- cific points are worthy of separate mention.
(1) Transitory benefits. Because the benefits from harvesting open-access fisheries tend to be dissi- pated through entry of excess capital and labor, some NED benefits from commercial fishing can be transitory.
What to read after Agricultural Sustainability Economic Environmental And Statistical Considera?
You can find similar books in the "Read Also" column, or choose other free books by Vic Barnett to read onlineMoreLess
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