Effect of government regulations on the severity of injuries in fisheries
Akbar Marvasti
Applied Economics, 2019, vol. 51, issue 38, 4164-4175
Abstract:
This study analyses the severity of commercial fishing accidents in the Gulf of Mexico using data from the USCG. Estimates from ordered probit models find no statistically significant effect for either the IFQGT program or the Coast Guard Authorization Act of 2010. However, the presence of an NOAA observer on fishing vessels appears to have reduced the severity of injuries during the study period, which can be partially attributed to the success of the USCG vessel safety certification program. Poor weather conditions increase the likelihood of fatality, particularly when a person falls overboard. Information from the interaction effects between poor weather conditions and vessel attributes can be used in designing new commercial fishing vessels to enhance safety.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:51:y:2019:i:38:p:4164-4175
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DOI: 10.1080/00036846.2019.1590525
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