An inter-temporal computable general equilibrium model for fisheries

Haoran Pan*, Pierre Failler, Qianyi Du, Christos Floros, Loretta Malvarosa, Emmanuel Chassot, Vincenzo Placenti

*Corresponding author for this work

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Abstract

Computable general equilibrium models have been a popular tool for policy analysis in recent decades, but rarely applied for fisheries policy and management. This paper presents an inter-temporal computable general equilibrium model with fisheries details. While the model in a full-scale and disaggregate way describes the structure and dynamics of a regional fisheries
economy, it further specifies heterogeneous bottom-up fish producers such as harvesters, aquaculture and fish processing firms and links fisheries with top-down non-fisheries economic sectors. In addition, the model can be externally linked with fish biological models to consider interactions between economic and biological systems. The model is designed to provide a comprehensive tool for analysis of new fisheries policy in general and to study five European fishery regions in particular. The empirics in the paper evaluate the impact of several important management and policy instruments on the Salerno economy and on recovery of endangered species.
Original languageEnglish
Article number6444
Number of pages23
JournalSustainability
Volume14
Issue number11
DOIs
Publication statusPublished - 25 May 2022

Keywords

  • fisheries
  • inter-temporal CGE
  • regional economic development
  • aquatic resources

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