Regional economic impacts of limited entry fishery management: an application of dynamic input–output model
Mahadev G. Bhat and
Ramachandra Bhatta
Environment and Development Economics, 2006, vol. 11, issue 6, 709-728
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.
Date: 2006
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