On Macroeconomic Impact of Fishing Effort Regulation: Measuring Bottom-Up Fish Harvesters’ Economy-Wide Contribution

Pierre Failler, Haoran Pan, Andy Thorpe, Ruangrai Tokrisna

Centre for Economics and Management of Aquatic Resources, University of Portsmouth, Portsmouth, UK.
Department of Agricultural and Resource Economics, Kasetsart University, Bangkok, Thailand.
Department of Economics, University of Portsmouth, Portsmouth, UK.
Emerging Markets Institute, Beijing Normal University, Beijing, China.

DOI: 10.4236/nr.2014.57025                

Abstract

This research develops a hybrid input-output model to quantify the economy-wide impact of capture fisheries on the economy. The method regards capture fisheries to be the “carrier branches” producing “core inputs”, which can drive the other fisheries sectors in the Ghosh supply-driven model. These fisheries sectors are all linked with the rest of the economy and can affect it through backward linkages in the Leontief demand-driven model. The empirical findings based on the Thai fisheries corroborate findings in other literature and further reveal that capture fisheries make a much greater contribution to the economy than is usually thought.

Keywords

Capture Fisheries, Fish Chain, Sector Linkage, Input-Output Modeling, Macroeconomic Impact

Conflicts of Interest

The authors declare no conflicts of interest.

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