The centenary of Jens Warming's optimal landing tax in fisheries

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Author: Hakan Eggert
Date: Mar. 2012
From: Marine Resource Economics(Vol. 27, Issue 1)
Publisher: The MRE Foundation, Inc.
Document Type: Report
Length: 1,337 words
Lexile Measure: 1480L

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Abstract :

This note acknowledges Jens Warming's contributions (1911, 1931) on what has since come to be known as the open access problem in fisheries. Warming, in a static framework, suggested an optimal landing tax before Pigou (1920) and described the sole owner solution later suggested by Scott (1955b). I describe these results using Warming's framework and point to his previously overlooked contribution concerning the dynamic aspect of fisheries. Key words Fisheries, open access, optimal tax, rights-based management, Warming landing tax. JEL Classification Code Q2.

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Gale Document Number: GALE|A347003766