Artisanal fishing communities include some of the poorest fishers in Malaysia. The paper presents the first technical efficiency study, whichfinds that artisanal fishers are poor, but enjoy a higher level of technical efficiency than found in the other Malaysian gill net fisheries. It suggests...

Rent and stumpage in the British Columbia softwood lumber industry have played a pivotal role in the Canada-United States softwood lumber dispute. The goal of the US in the dispute has been to limit lumber exports from Canada and increase domestic American prices. Rent theory shows that BC's...

The McKibbin-Wilcoxen Proposal for Global Greenhouse Abatement

In earlier papers we have argued that the Kyoto Protocol is not sustainable as a global climate change policy and have proposed an alternative policy regime based on a coordinated but decentralised system of national permit trading systems with a fixed internationally negotiated price for...

We use an econometrically estimated multi-region, multi-sector general equilibrium model of the world economy to examine the effects of the tradable emissions permit system proposed in the 1997 Kyoto protocol, under various assumptions about that extent of international permit trading. We focus,...

Beyond the Kyoto Protocol

Uncertainty is an obstacle for commitments under cap and trade schemes for emission permits. We assess how well intensity targets, where each country's permit allocation is indexed to its future realised GDP, can cope with uncertainties in international greenhouse emissions trading. We present...

The Next Step for Climate Change Policy

The third Conference of the Parties to the United Nations Framework Convention on Climate Change will be held in Kyoto in early December. These upcoming negotiations, aimed at reducing future emissions of greenhouse gases, are almost certain to accomplish nothing. Failure is likely because the...

International Permit Trading: Creating a Sustainable System