Negative externalities in Kashmir lake fisheries: Transformations in species patronage, use priorities and policy.

Abstract

The logit model fitted to eight sets of stakeholders independently and the composite Tobit model addressed the common variables that influenced the Willingness to Pay (WTP) of the stakeholders for restoration of the fisheries of Dal and Wular lakes of Kashmir. Income emerged as the variable that determined WTP of stakeholders in both models. Unavailability of institutional credit, lack of awareness of environmental issues for Dal lake fishers and power shortages, lack of educational institutions for the Wularlake fishers were the major constraints to increasing fish production and restoring balance in the fishery of Dal and Wular lakes.