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Title

A dynamic economic equilibrium model for the economic assessment of the fishery stock-rebuilding policies

AuthorsDa-rocha, J. M.; Prellezo, Raúl; Sempere, Jaume; Antelo, L. T.
KeywordsVessel dynamics
General equilibrium model
Multiannual management plans
Issue Date2017
PublisherElsevier
CitationMarine Policy 81: 185-195 (2017)
AbstractThe paper develops and analyses a dynamic general equilibrium model with heterogeneous agents that can be used for assessment of the economic consequences of fish stock-rebuilding policies within the EU. In the model, entry and exit processes for individual plants (vessels) are endogenous, as well as output, employment and wages. This model is applied to a fishery 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
Description11 páginas, 7 figuras, 2 tablas
Publisher version (URL)http://dx.doi.org/10.1016/j.marpol.2017.03.029
URIhttp://hdl.handle.net/10261/148843
DOI10.1016/j.marpol.2017.03.029
ISSN0308-597X
E-ISSN1872-9460
Appears in Collections:(IIM) Artículos
(IMEDEA) Artículos
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