Transaction of Marine Fishing Right: Theoretical Analysis |
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Authors: | Huang Jishen Long Wenjun |
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Institution: | 1. College of Economic Management, Huazhong Agricultural University , 430070 , Wuhan , Hubei , China;2. Research Center for Rural Economy, Ministry of Agriculture , 100810 , Beijing , China |
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Abstract: | Abstract The difference between fishermen’s fishing catch and the optimal fishing catch is the basic reason for the transaction of marine fishing rights (TMFR). The effects of productive cost, non-productive cost, use-cost, transaction cost, productive revenue and non-productive revenue on the TMFR and the optimal fishing catch are analyzed. This paper draws following conclusions: the non-productive revenue has a positive effect on the TMFR, and other factors, such as non-productive cost, use-cost and transaction cost, have a negative effect; the TMFR will promote the resource allocation; the high transaction cost may affect the implementation of TMFR. |
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Keywords: | marine fishing rights index of the power of the vessel and nets transaction |
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