Fisheries Subsidies and Management in Open Economies

Naoto Jinji

Discussion papers from Graduate School of Economics Project Center, Kyoto University

Abstract: The WTO members are conducting negotiations to clarify and improve disciplines on fisheries subsidies at the Doha Round. In this paper, I investigate how worldwide subsidy reform in the fisheries sector could affect fisheries output and resource stocks in a trading equilibrium. I demonstrate that the effects of a reduction in subsidies on fisheries output will differ, depending on the conditions of the economy and fisheries management in different countries. A possible outcome of a reduction in non-capacity-enhancing subsidies is that fisheries output will rise in countries where catch quotas are not enforced and remain the same in countries where catch quotas are strictly enforced, expanding the total supply of fisheries products in the short run. In the long run, the world fisheries resource stock may be reduced.

Keywords: fisheries; subsidies; WTO; SCM Agreement; variable labor supply (search for similar items in EconPapers)
JEL-codes: F13 F18 Q22 Q27 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2011-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:kue:dpaper:e-11-004

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