The Impact of Fisheries on the Economy: A Systematic Review on the Application of General Equilibrium and Input–Output Methods

Negar Akbari (), Pierre Failler, Haoran Pan, Benjamin Drakeford and Andy Forse
Additional contact information
Negar Akbari: School of Organisations, Systems and People, Faculty of Business and Law, University of Portsmouth, Portsmouth PO1 3DE, UK
Pierre Failler: UNESCO Chair in Ocean Governance, Centre for Blue Governance, University of Portsmouth, Portsmouth PO1 3DE, UK
Haoran Pan: School of Economics and Resource Management, Beijing Normal University, Beijing 100875, China
Benjamin Drakeford: Centre for Blue Governance, Faculty of Business and Law, University of Portsmouth, Portsmouth PO1 3DE, UK
Andy Forse: Centre for Blue Governance, Faculty of Business and Law, University of Portsmouth, Portsmouth PO1 3DE, UK

Sustainability, 2023, vol. 15, issue 7, 1-17

Abstract: In this paper, a systematic literature review on the impact of fisheries on the economy and the application of the computable general equilibrium (CGE) and input–output (IO) methods for assessing this impact is conducted. The importance of fisheries as a food source, the over exploitation of this resource, and, consequently, the impact of fisheries on the economy are the motivations behind this study. By reviewing the applications of two of the most common economic modelling tools, we aim to shine light on the state of the art and how the impact of fisheries on the economy has been addressed in the literature. In this analysis, three main themes of socio-economic, ecological, and environmental have been identified, and the application of these methods in each theme has been considered. The results show that while IO methods continue to be applied in the literature, the CGE method has experienced increased application recently, and future applications are anticipated due to its enhanced capabilities in comparison with IO models.

Keywords: input–output models; fishery management; CGE models; regional economy; economic modelling; sustainable development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/7/6089/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/7/6089/ (text/html)

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:gam:jsusta:v:15:y:2023:i:7:p:6089-:d:1113209

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().