Table 8. Economic implications of institutional regulation.

Institutional control Case 1 Case 2
Institutional status Status quo:
45% of units having valid licenses
Desirable situation:
all units with valid licenses
Mean annual individual
profits (nonlegal/legal) (€)
8272 / 16,125 16,425
Annual profits of the
whole mussel activity (€)
643,433 903,350
Total community
contributory benefits (€)
36,000 82,500
Total community
foregone earnings (€)
More than 300,000 -