Subsidies, public goods, and external benefits in fisheries

Dale Squires, Raymond Clarke and Valerie Chan

Marine Policy, 2014, vol. 45, issue C, 222-227

Abstract: The fisheries subsidy discussion has largely overlooked the increased welfare for society from Pigouvian subsidies that increase the supply of and investment in public goods when there are external benefits and free riding. Important fisheries public goods and external benefits include knowledge associated with new technology for “target” species and “bycatch” reduction, research and development for new technology, and ecosystem services and biodiversity. Careful definition of subsidies also requires consideration of the counter-factual or what would have happened without the action to which the fishery “subsidy” is attributed. Subsidies in the Western and Central Pacific tuna fishery are evaluated according to these and other criteria.

Keywords: Fisheries subsidies; Public goods; External benefits; Tuna fisheries (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0308597X13002443
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:45:y:2014:i:c:p:222-227

DOI: 10.1016/j.marpol.2013.11.002

Access Statistics for this article

Marine Policy is currently edited by Eddie Brown

More articles in Marine Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().