Interactions of Fish Sector and Non-Fish Sector in DSGE Model

Wei Li

Journal of Agricultural Science, 2013, vol. 5, issue 5, 244

Abstract: This paper presents a three sector models showing that the shock of preference of non-fish has only effect on non-fish production, and fish production increase of labor can both influence fish and non-fish sector. But the influence is higher in the non-fish sector. Labor shock can increase the investment and labor in the fish sector and decrease investment and labor in the non-fish sector. This may be caused by high labor share and changes in work in the fish sector.

Date: 2013
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