Por favor, use este identificador para citar o enlazar este ítem: http://dspace.azti.es/handle/24689/431
Ficheros en este ítem:
No hay ficheros asociados a este ítem.
Título : The social cost of fishery subsidy reforms
Autor : Da-Rocha, Jose-Maria; Garcia-Cutrin, Javier; Prellezo, Raul; Sempere, Jaume
Citación : MARINE POLICY, 2017, 83, 236-242
Resumen : This paper analyzes the impact of reducing fisheries subsidies in a general equilibrium model for a fishery with heterogeneous vessels. It considers the impact of the stock effect, which determines the participation of vessels in a likely increased stock abundance. In equilibrium, the productivity of the fleet is endogenous as it depends on the stock of fish along the equilibrium path. The model concludes that any impact of a subsidy drop will depend on the stock effect. If that effect is large, fishing firms will benefit from the stock recovery and the elimination of the subsidy will increase future returns on investment. The model is particularised to industrial shrimp fisheries in Mexico. It is shown that the complete elimination of a subsidy increases biomass, capitalisation, marginal productivity, and consumption and reduces inequality when the effect of the induced increase in the stock is considered. However, if that effect is not considered, capital and consumption decrease, and inequality and hence, the social costs of a subsidy drop, increase.
Palabras clave : Subsidies; General equilibrium model; Fisheries; Social costs; NORTH-ATLANTIC; ECONOMICS; SUSTAINABILITY; INVESTMENT; MANAGEMENT; POLICY
Fecha de publicación : 2017
Editorial : ELSEVIER SCI LTD
Tipo de documento: Article
Idioma: Inglés
DOI: 10.1016/j.marpol.2017.06.013
URI : http://dspace.azti.es/handle/24689/431
ISSN : 0308-597X
E-ISSN: 1872-9460
Patrocinador: European Commission (MINOUW) [H2020-SFS-2014-2, 634495]
Spanish Ministry of Economy and Competitiveness [ECO2016-78819-R]
Xunta de Galicia [GRC 2015/014]
ECOBAS
Basque Government project MULTIPLAN project of the Department of Economic Development and Infrastructures of the Basque Government
Aparece en las tipos de publicación: Artículos científicos



Los ítems de DSpace están protegidos por copyright, con todos los derechos reservados, a menos que se indique lo contrario.