Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/80961 
Year of Publication: 
2013
Series/Report no.: 
WIDER Working Paper No. 2013/052
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
In most coastal developing countries, the artisanal fisheries sector is managed as a common pool resource. As a result, such fisheries are overcapitalized and overfished. In Ghana, in addition to anthropogenic factors, there is evidence of rising coastal temperature and its variance, which could impact the environmental carrying capacity of the fish stock. This study investigates the effect of climate variation on biophysical parameters and yields. Our results indicate that the rising temperature is decreasing the carrying capacity. As a result, an optimum tax on harvest must reflect climate variability, as well as the congestion externality.
Subjects: 
climate variability
optimal tax
generalized maximum entropy
Ghana
JEL: 
Q22
H21
C61
ISBN: 
978-92-9230-629-8
Document Type: 
Working Paper

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