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Fishery Subsidies: Gains or Losses? |
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| รหัสดีโอไอ | |
| Creator | Pat Pattanarangsun |
| Title | Fishery Subsidies: Gains or Losses? |
| Publisher | School of Development Economic |
| Publication Year | 2551 |
| Journal Title | Development Economic Review |
| Journal Vol. | 3 |
| Journal No. | 2 |
| Page no. | 1 |
| Keyword | Fishery subsidies, Taxes and subsidies, Trade and environment |
| ISSN | 1906-2540 |
| Abstract | This paper investigates the impacts of fishery subsidies by looking at total welfare losses or gains from the demand and supply diagram. The additional idea is to combine environmental problems and introduce the term "externality cost" into the analysis. The kinked marginal externality cost is a key factor helping subsidy programs to be beneficial. Two types of subsidies are considered in this study: export and effort subsidies. However each type of subsidy has been subdivided into three cases with different scenarios of an optimal fishing amount. The results show that if the current level of fishing already exceeds the optimal level, fishery subsidies should not exist. But if this is not the case, the conclusion is ambiguous depending on the rate of the subsidy and the degrees of externality problems. At the end of this paper, I summarize the study results for all scenarios in six models and propose a way to examine the optimal subsidy rate for further analysis |
