Efficient management of marine resources in conflict: An empirical study of marine sand mining, Korea

This article develops a dynamic model of efficient use of exhaustible marine sand resources in the context of marine mining externalities. The classical Hotelling extraction model is applied to sand mining in Ongjin, Korea and extended to include the estimated marginal external costs that mining imp...

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Veröffentlicht in:	Journal of environmental management 2009-10, Vol.91 (1), p.78-86
1. Verfasser:	Kim, Tae-goun
Format:	Artikel
Sprache:	eng
Schlagworte:	Coastal areas Coastal zone management Conservation of Natural Resources Cost analysis Costs Empirical analysis Environmental management Environmental policy External costs Extraction Fisheries Guidelines Hotelling extraction rule Marginal costs Marginal user cost Marine Marine Biology Marine resources Marine sand mining Mining Models, Theoretical Republic of Korea Resource management Sand Sand & gravel Social optimum Social welfare Soils South Korea Studies
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