A dynamic economic equilibrium model for the economic assessment of the fishery stock-rebuilding policies
In: Marine policy, Band 81, S. 185-195
ISSN: 0308-597X
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In: Marine policy, Band 81, S. 185-195
ISSN: 0308-597X
The paper develops and analyses a dynamic general equilibrium model with heterogeneous agents that can be used for assessment of the economic consequences of sh stock-rebuilding policies within the EU. In the model, entry and exit processes for individual rms are endogenous, as well as output, employment and wages. This model is applied to a shery of the Mediterranean Sea. The results provide both individual and aggregate data that can help managers in understanding the economic consequences of rebuilding strategies. In particular, this study shows that, for the application presented, all aggregate results improve if the stock rebuilding strategy is followed, while individual results depend on the indicator selected. ; European Commission Horizon 2020 Research and Innovation Programme | Ref. 634495 ; Spanish Ministry of Economy and Competitiveness | Ref. ECO2016-78819-R ; Xunta de Galicia | Ref. GRC 2015/014 ; Ramón y Cajal Programme of the Spanish Government
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The paper develops and analyses a dynamic general equilibrium model with heterogeneous agents that can be used for assessment of the economic consequences of sh stock-rebuilding policies within the EU. In the model, entry and exit processes for individual rms are endogenous, as well as output, employment and wages. This model is applied to a shery of the Mediterranean Sea. The results provide both individual and aggregate data that can help managers in understanding the economic consequences of rebuilding strategies. In particular, this study shows that, for the application presented, all aggregate results improve if the stock rebuilding strategy is followed, while individual results depend on the indicator selected. ; European Commission Horizon 2020 Research and Innovation Programme | Ref. 634495 ; Spanish Ministry of Economy and Competitiveness | Ref. ECO2016-78819-R ; Xunta de Galicia | Ref. GRC 2015/014 ; Ramón y Cajal Programme of the Spanish Government
BASE