OYSTER FARMING AND EXTERNALITIES: THE EXPERIENCE OF THE BAY OF BOURGNEUF
Abstract
The history of the French shellfish industry is marked by a series of overfishing crises occurring in most of the open-access shellfish beds. When the concession system was introduced (1852), it was designed to cope with congestion and overfishing issues more than with the development of shellfish culture. After closing the production cycle in the late 19th century, the oyster industry kept suffering major crises such as massive disease outbreaks. Their occurrence can be analyzed in terms of...