An Inter-Temporal Computable General Equilibrium Model for Fisheries

Haoran Pan, Pierre Failler, Qianyi Du, Christos Floros, Loretta Malvarosa, Emmanuel Chassot and Vincenzo Placenti
Additional contact information
Haoran Pan: School of Economics and Resource Management, Beijing Normal University, Beijing 100875, China
Pierre Failler: Centre for Blue Governance, Faculty of Economics and Law, University of Portsmouth, Portsmouth PO1 3LJ, UK
Qianyi Du: School of Economics and Resource Management, Beijing Normal University, Beijing 100875, China
Loretta Malvarosa: NISEA, Fishery and Aquaculture Economic Research, 84100 Salerno, Italy
Emmanuel Chassot: Institut Agro, Fisheries and Aquatic Sciences Center, 35 042 Rennes, France
Vincenzo Placenti: ARGO Srl, 84064 Salerno, Italy

Sustainability, 2022, vol. 14, issue 11, 1-23

Abstract: Computable general equilibrium models have been a popular tool for policy analysis in recent decades, but rarely applied for fisheries policy and management. This paper presents an inter-temporal computable general equilibrium model with fisheries details. While the model in a full-scale and disaggregate way describes the structure and dynamics of a regional fisheries economy, it further specifies the heterogeneous bottom-up fish producers, such as harvesters, aquaculture and fish-processing firms, and links fisheries with the top–down non-fisheries economic sectors. In addition, the model can be externally linked with fish biological models to consider interactions between economic and biological systems. The model is designed to provide a comprehensive tool for analysis of new fisheries policy in general and to study five European fishery regions in particular. The empirics in the paper evaluate the impact of several important management and policy instruments on the Salerno economy and on recovery of endangered species.

Keywords: fisheries; inter-temporal CGE; regional economic development; aquatic resources (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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