(with Eric Edwards)
Rural communities reliant on natural resource production may be differentially affected by changes in property rights to the resource. We examine the relative effect on rural fishing ports of the 1995 introduction of individual fishing quotas (IFQs) in the Alaskan halibut fishery. Post-IFQ, rural communities see a 6-15 percentage point smaller increase in high-value fresh market sales. Rural ports also see significantly less consolidation of fishing vessels, with at least 40% more vessels remaining to fish halibut post-IFQ. These changes have ambiguous broader impacts on rural communities, with no clear relative differences in sales revenue and population growth.
We examine a case from a municipal water supplier in the state of Utah where a rate change lowered, significantly and for many years, the marginal price of water for high-volume users. Using two discontinuities—a municipal boundary that cuts through neighborhoods and the discontinuous change in price as a result of changing tiers—we explore the extent to which decreases in marginal cost are salient to high-volume users and estimate the price elasticity of demand.
Determinants of Stakeholder Opposition to Fishing Property Rights
Economic Impact Analysis of North Carolina’s Commercial Fisheries
Project funded by NCDEQ Division of Marine Fisheries
Increase understanding of the economic impact of North Carolina’s commercial fisheries via:
1. Collection and analysis of novel cost and supply chain data throughout the seafood harvesting, processing and distribution sectors, including consumer-facing businesses.
2. Quantification of consumer demand for North Carolina seafood.
3. Assessment of the economic impact of North Carolina’s wild-capture seafood industry using methodological best-practices
Economic Valuation of Submerged Aquatic Vegetation within the Albemarle-Pamlico Watershed
Project funded by NC Department of Environmental Quality
USU Extension Factsheet
Utah faces a daunting challenge over the next 30 years in managing its water resources in the face of intense population growth. Options for new supply are limited, and water managers will increasingly be asked to do more with less. Urban water conservation will be part of any balanced solution to address future water demand. Water utilities can decrease water demand by creating rate structures and conveying rate information to encourage conservation.This factsheet provides information on the use of price to encourage water conservation in Utah.