Community Impacts of Fishery Privatization (with Eric Edwards)
Secure, transferable property rights to a natural resource have efficiency properties appealing to economists, but their adoption faces opposition justified by concerns over negative impacts to rural communities. This paper examines the effect on rural fishing ports of the creation of individual transferable quotas (ITQs) to fish for Alaskan halibut and sablefish. Using data from the state of Alaska on fishers, boat owners, fish landings and processing, and community population and tax revenue, we establish that changes predicted by economists—consolidation and transition to high-value product—occur in aggregate. We then examine the differential impact on rural communities, finding that both consolidation and transition to high-value product appear less pronounced. We find limited evidence of reduced taxable sales revenue in rural ports, but no relative population declines. We then examine whether two policies aimed at protecting rural economies were partially responsible for limiting the impact of ITQs.
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
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. Salt Lake and Utah Counties are projected to increase their combined populations from 1.55 million to 3.21 million by 2060 and water utilities throughout the state must secure reliable water supplies well ahead of actual demand increases. 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.