The economic impact of environmental regulation on the blue crab industry

Kamal P. Upadhyaya, Janelle B. Larson, Franklin G. Mixon

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

This paper estimates the impact of environmental regulations of 1994 imposed by the State of Maryland on the blue crab industry. For the analysis a model is developed, which includes three stochastic equations and five identities. After the estimation of the model the impact multipliers are calculated. The impact multipliers indicate that the overall impact of the environmental regulations on the industry is the loss of $44 million per year. This loss is shared by all the agents involved in the industry.

Original languageEnglish (US)
Pages (from-to)538-546
Number of pages9
JournalInternational Journal of Social Economics
Volume29
Issue number7
DOIs
StatePublished - Dec 1 2002

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Social Sciences(all)

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