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Regional economic impacts of limited entry fishery management: an application of dynamic input–output model

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  • BHAT, MAHADEV G.
  • BHATTA, RAMACHANDRA

Abstract

Economic impacts that entry regulations have within the fishery industry are well documented in the economics literature. This study looks at how fishery regulations will impact other sectors of a regional economy. By developing integrated models of fishery bioeconomics and dynamic, inter-industry economic linkages, the paper estimates sector-wise economic gains and losses over time from an entry regulation. A case study from India shows that primary fishing and processing sectors realize significant wage and profit gains after a period of transition. Sizable losses in wage and industry profits are incurred by non-fishery sectors but are smaller than the profit gains in the primary sectors. The paper makes policy recommendations on how to ease the adverse regional impacts of fishery policies.

Suggested Citation

  • Bhat, Mahadev G. & Bhatta, Ramachandra, 2006. "Regional economic impacts of limited entry fishery management: an application of dynamic input–output model," Environment and Development Economics, Cambridge University Press, vol. 11(6), pages 709-728, December.
    • Handle: RePEc:cup:endeec:v:11:y:2006:i:06:p:709-728_00
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    Cited by:

    1. Negar Akbari & Pierre Failler & Haoran Pan & Benjamin Drakeford & Andy Forse, 2023. "The Impact of Fisheries on the Economy: A Systematic Review on the Application of General Equilibrium and Input–Output Methods," Sustainability, MDPI, vol. 15(7), pages 1-17, March.
    2. Carvalho, Natacha & Rege, Sameer & Fortuna, Mário & Isidro, Eduardo & Edwards-Jones, Gareth, 2011. "Estimating the impacts of eliminating fisheries subsidies on the small island economy of the Azores," Ecological Economics, Elsevier, vol. 70(10), pages 1822-1830, August.
    3. Cardinale, Ivano, 2018. "A bridge over troubled water: A Structural Political Economy of vertical integration," Structural Change and Economic Dynamics, Elsevier, vol. 46(C), pages 172-179.
    4. Andrew Dyck & U. Sumaila, 2010. "Economic impact of ocean fish populations in the global fishery," Journal of Bioeconomics, Springer, vol. 12(3), pages 227-243, October.
    5. Nong, Duy, 2019. "Potential economic impacts of global wild catch fishery decline in Southeast Asia and South America," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 213-226.
    6. Surís-Regueiro, Juan C. & Garza-Gil, M. Dolores & Varela-Lafuente, Manuel M., 2014. "Socio-economic quantification of fishing in a European urban area: The case of Vigo," Marine Policy, Elsevier, vol. 43(C), pages 347-358.

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