• Logged in as Unregistered User
  • Sign in

Social-Ecological Systems Meta-Analysis Database: Variables

Variable TypeBinary
Variable Component TypeActor
Variable KindInteraction
ThemeTechnology (learn about themes)
ProjectsSESMAD, Fiji fisheries
QuestionIs overcapitalization (e.g. excessive fishing capacity that overwhelms renewal rates of fish or another natural resource) a problem for this user group?
Select Options
Unit
RoleCommonsUser
Importance"This variable is important because overcapitalization may cause the depletion of common-pool resources such as the fish stock (Botsford et al. 1997, Pauly et al. 2002). In fisheries, the term overcapitalization, overcapacity or excess capacity indicates a level of catching power that exceeds what is needed to catch available fishery resources (Greboval and Munro 1999). The overcapitalization of world fisheries is a significant contributor to the overexploitation of world fishery resources (Botsford et al. 1997, Pauly et al. 2002). Reasons advanced for the overcapitalization of the world's fisheries include: the open-access nature of many fisheries, fisheries that are managed non-cooperatively; sole-ownership fisheries with high discount rates and/or high price-to-cost ratios, the increasing replacement of small-scale fishing vessels with larger ones, and the payment of subsidies by governments to fishers, which generate profits even when resources are overfished (Pauly et al. 2002). In the irrigation sector, buying or holding too much agricultural land relative to the availability of water would be another example."
Definition

Overcapitalization is an economic term that refers to the phenomenon of giving to an asset a higher value than its “real” economic value. This in turn puts a strain on attempts to obtain a sustainable return on investment.

Sectors

Theory Usages


Associated Studies


Case Usages