Title
Renewable resources in a long-term perspective : the corn-tuna model Renewable resources in a long-term perspective : the corn-tuna model
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Paris ,
Subject
Economics
Source (journal)
Cahiers d'économie politique : histoire de la pensée et théories. - Paris, 1974, currens
Source (book)
Qu'a-t-on appris sur l'économie classique depuis Sraffa ?
Volume/pages
69(2015) :2 , p. 97-130
ISSN
1969-6779
0154-8344
Carrier
E
Target language
English (eng)
Affiliation
University of Antwerp
Abstract
The corn-tuna model introduced in this paper is a simple model for the study of renewable resources in a long-term framework. It is inspired by the corn-guano model, which has been conceived for the study of exhaustible resources. The renewable resource tuna can be produced by three systems of production: wild tuna, farmed tuna, and mixed tuna systems. The paper explores under which conditions each of these systems will be adopted. It focuses on the risks of overexploitation of wild tuna, and examines two policy options to reduce these risks.
Handle