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- Publisher Website: 10.1111/1468-0106.00151
- Scopus: eid_2-s2.0-0036261304
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Article: The Hong Kong fish marketing organisation: a case study of the nature of the financial problems of a legal monopoly
Title | The Hong Kong fish marketing organisation: a case study of the nature of the financial problems of a legal monopoly |
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Authors | |
Issue Date | 2002 |
Publisher | Blackwell Publishing Asia. The Journal's web site is located at http://www.blackwellpublishing.com/journals/PER |
Citation | Pacific Economic Review, 2002, v. 7 n. 1, p. 85-96 How to Cite? |
Abstract | This essay provides an explanation of the phenomenon of an apparent secular fall in captured fisheries outputs in Hong Kong transacted through the Fish Marketing Organisation. The latter is a government monopoly, with the power to compel sale of landed fish through its licensed buyers, established and protected by law. The institutional characteristic of this organisation can also explain the evolution of marine fish culture industry in the area that is not subject to the forced-sale regulation of the Organisation, and the diversity of species commonly observed in the consumer market of cultured fish. The observed reduction in fisheries output in Hong Kong can be the consequence of regulation rather than a lack of regulation, as the 'the tragedy of commons' would seem to imply. Our analysis also demonstrates why the Fish Marketing Organisation has suffered from a growing budgetary deficit in recent years. |
Persistent Identifier | http://hdl.handle.net/10722/168705 |
ISSN | 2023 Impact Factor: 1.1 2023 SCImago Journal Rankings: 0.511 |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lai, LWC | en_US |
dc.contributor.author | Yu, BT | en_US |
dc.date.accessioned | 2012-10-08T03:31:39Z | - |
dc.date.available | 2012-10-08T03:31:39Z | - |
dc.date.issued | 2002 | en_US |
dc.identifier.citation | Pacific Economic Review, 2002, v. 7 n. 1, p. 85-96 | en_US |
dc.identifier.issn | 1361-374X | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/168705 | - |
dc.description.abstract | This essay provides an explanation of the phenomenon of an apparent secular fall in captured fisheries outputs in Hong Kong transacted through the Fish Marketing Organisation. The latter is a government monopoly, with the power to compel sale of landed fish through its licensed buyers, established and protected by law. The institutional characteristic of this organisation can also explain the evolution of marine fish culture industry in the area that is not subject to the forced-sale regulation of the Organisation, and the diversity of species commonly observed in the consumer market of cultured fish. The observed reduction in fisheries output in Hong Kong can be the consequence of regulation rather than a lack of regulation, as the 'the tragedy of commons' would seem to imply. Our analysis also demonstrates why the Fish Marketing Organisation has suffered from a growing budgetary deficit in recent years. | en_US |
dc.language | eng | en_US |
dc.publisher | Blackwell Publishing Asia. The Journal's web site is located at http://www.blackwellpublishing.com/journals/PER | en_US |
dc.relation.ispartof | Pacific Economic Review | en_US |
dc.title | The Hong Kong fish marketing organisation: a case study of the nature of the financial problems of a legal monopoly | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lai, LWC: wclai@hku.hk | en_US |
dc.identifier.authority | Lai, LWC=rp01004 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1111/1468-0106.00151 | - |
dc.identifier.scopus | eid_2-s2.0-0036261304 | en_US |
dc.identifier.hkuros | 72864 | - |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0036261304&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 7 | en_US |
dc.identifier.issue | 1 | en_US |
dc.identifier.spage | 85 | en_US |
dc.identifier.epage | 96 | en_US |
dc.publisher.place | Australia | en_US |
dc.identifier.scopusauthorid | Lai, LWC=7202616218 | en_US |
dc.identifier.scopusauthorid | Yu, BT=8051100600 | en_US |
dc.customcontrol.immutable | sml 130725 | - |
dc.identifier.issnl | 1361-374X | - |