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Regional economic impacts of limited entry fishery management: an application of dynamic input–output model

Published online by Cambridge University Press:  17 November 2006

MAHADEV G. BHAT  and
RAMACHANDRA BHATTA
MAHADEV G. BHAT
Affiliation:
Environmental Studies and Economics Departments, Florida International University, Miami, FL 33199, USA. Email: bhatm@fiu.edu
RAMACHANDRA BHATTA
Affiliation:
Fisheries Economics Department, College of Fisheries, Mangalore, 575002, India. Email: rcbhat@sancharnet.in
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Abstract

Economic impacts that entry regulations have within the fishery industry are well documented in the economics literature. This study looks at how fishery regulations will impact other sectors of a regional economy. By developing integrated models of fishery bioeconomics and dynamic, inter-industry economic linkages, the paper estimates sector-wise economic gains and losses over time from an entry regulation. A case study from India shows that primary fishing and processing sectors realize significant wage and profit gains after a period of transition. Sizable losses in wage and industry profits are incurred by non-fishery sectors but are smaller than the profit gains in the primary sectors. The paper makes policy recommendations on how to ease the adverse regional impacts of fishery policies.

Type
Research Article
Information
Environment and Development Economics , Volume 11 , Issue 6 , December 2006 , pp. 709 - 728
Copyright
2006 Cambridge University Press

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Footnotes

This research was partially supported by the Indian Council of Agricultural Research, New Delhi, India. The authors thank anonymous referees and the associate editor for their excellent comments.