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Property Rights and Natural Resource Curses: Micro Evidence from a Tribal Fishery

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dc.contributor.author Parker, Dominic P.
dc.contributor.author Rucker, Randal R.
dc.contributor.author Nickerson, Peter H.
dc.date.accessioned 2013-08-19T15:36:36Z
dc.date.available 2013-08-19T15:36:36Z
dc.date.issued 2013 en_US
dc.identifier.uri https://hdl.handle.net/10535/9059
dc.description.abstract "We a study a U.S. federal court ruling that had major impacts on the structure of property rights in-and the distribution of revenue from-Washington state's commercial fisheries. Known as the 'Boldt Decision', the 1974 ruling affirmed the right of Native American tribes to 50 percent of the fishery based on treaties signed in the 1850s. The ruling was an unexpected (but not undeserved) windfall for impoverished tribes because they had caught less than six percent of the salmon in the 25 years preceding 1974, and because half of the fishery revenues in 1973 amounted to $10,189 per tribal member. We find that the ruling conveyed limited long-run economic benefits to tribes, however, in part because it failed to re-create the efficient system of riparian property rights used by Pacific tribes at the time of the treaties. Instead, the post-1974 tribal fishery evolved to mimic the economically wasteful "rule of capture" and capital-intensive mobile fishing regime that is prevalent in non-tribal fisheries throughout the industrialized world. Our theory describes how individually rational decisions leads to rent dissipation and possibly a resource curse, and our empirical analysis identifies symptoms of a curse using data on fishing activity, schooling decisions, and income growth." en_US
dc.language English en_US
dc.subject fisheries en_US
dc.subject property rights en_US
dc.subject natural resources en_US
dc.title Property Rights and Natural Resource Curses: Micro Evidence from a Tribal Fishery en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.type.methodology Case Study en_US
dc.coverage.region North America en_US
dc.coverage.country United States en_US
dc.subject.sector Fisheries en_US
dc.identifier.citationconference 17th Annual Conference of The International Society for New Institutional Economics en_US
dc.identifier.citationconfdates June 20-22 en_US
dc.identifier.citationconfloc Florence, Italy en_US


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