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A coastal state benefits from importing the services of a distant water fishing nation (DWFN) fleet if the DWFN has a comparative advantage in exploiting the fishery, based on factors such as market access, costs or technology. The paper compares the activities of the Australian and Japanese vessels in the east coast tuna longline fishery and finds the Australian vessels receive higher prices, have...
The paper briefly describes the world tuna industry and develops estimates of the elasticities of supply and demand for tuna harvested in the Pacific Islands Region (PIR), which supplies around one-third of the world catch. The elasticity estimates are used to estimate the effect on the revenues received by the PIR of a small increase in the royalty charged for access to the resource. The results...
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