A welfare gain from switching to taxes? The Danish cod fishery in the Kattegat

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

A welfare gain from switching to taxes? The Danish cod fishery in the Kattegat. / Jensen, Frank; Hansen, Lars Gårn; Nielsen, Rasmus.

In: Land Economics, Vol. 100, No. 2, 05.2024, p. 353-369.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Jensen, F, Hansen, LG & Nielsen, R 2024, 'A welfare gain from switching to taxes? The Danish cod fishery in the Kattegat', Land Economics, vol. 100, no. 2, pp. 353-369. https://doi.org/10.3368/le.100.2.052521-0054R2

APA

Jensen, F., Hansen, L. G., & Nielsen, R. (2024). A welfare gain from switching to taxes? The Danish cod fishery in the Kattegat. Land Economics, 100(2), 353-369. https://doi.org/10.3368/le.100.2.052521-0054R2

Vancouver

Jensen F, Hansen LG, Nielsen R. A welfare gain from switching to taxes? The Danish cod fishery in the Kattegat. Land Economics. 2024 May;100(2):353-369. https://doi.org/10.3368/le.100.2.052521-0054R2

Author

Jensen, Frank ; Hansen, Lars Gårn ; Nielsen, Rasmus. / A welfare gain from switching to taxes? The Danish cod fishery in the Kattegat. In: Land Economics. 2024 ; Vol. 100, No. 2. pp. 353-369.

Bibtex

@article{1c790fc7fb1f4dd0a26f2632a4907834,
title = "A welfare gain from switching to taxes?: The Danish cod fishery in the Kattegat",
abstract = "Theoretical papers show that there could be a welfare gain from switching to tax regulation if managers are more uncertain about key parameters of a fishery than fishermen. We estimate the size of the welfare gain that would result if a manager of the Danish cod fishery in the Kattegat switched from the current individual transferable quota system to tax regulation. We find that this would generate a small welfare gain of 0.023% of the industry profit and variations in parameter values (+/- 20 %) at most result in a gain of 0.029%",
author = "Frank Jensen and Hansen, {Lars G{\aa}rn} and Rasmus Nielsen",
year = "2024",
month = may,
doi = "10.3368/le.100.2.052521-0054R2",
language = "English",
volume = "100",
pages = "353--369",
journal = "Land Economics",
issn = "0023-7639",
publisher = "UNIV WISCONSIN PRESS",
number = "2",

}

RIS

TY - JOUR

T1 - A welfare gain from switching to taxes?

T2 - The Danish cod fishery in the Kattegat

AU - Jensen, Frank

AU - Hansen, Lars Gårn

AU - Nielsen, Rasmus

PY - 2024/5

Y1 - 2024/5

N2 - Theoretical papers show that there could be a welfare gain from switching to tax regulation if managers are more uncertain about key parameters of a fishery than fishermen. We estimate the size of the welfare gain that would result if a manager of the Danish cod fishery in the Kattegat switched from the current individual transferable quota system to tax regulation. We find that this would generate a small welfare gain of 0.023% of the industry profit and variations in parameter values (+/- 20 %) at most result in a gain of 0.029%

AB - Theoretical papers show that there could be a welfare gain from switching to tax regulation if managers are more uncertain about key parameters of a fishery than fishermen. We estimate the size of the welfare gain that would result if a manager of the Danish cod fishery in the Kattegat switched from the current individual transferable quota system to tax regulation. We find that this would generate a small welfare gain of 0.023% of the industry profit and variations in parameter values (+/- 20 %) at most result in a gain of 0.029%

U2 - 10.3368/le.100.2.052521-0054R2

DO - 10.3368/le.100.2.052521-0054R2

M3 - Journal article

VL - 100

SP - 353

EP - 369

JO - Land Economics

JF - Land Economics

SN - 0023-7639

IS - 2

ER -

ID: 369132099