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An Inter-Temporal Computable General Equilibrium Model for Fisheries

Author

Listed:
  • Haoran Pan

    (School of Economics and Resource Management, Beijing Normal University, Beijing 100875, China
    Center for Innovation and Development Studies, Beijing Normal University, Zhuhai 519087, China)

  • Pierre Failler

    (Centre for Blue Governance, Faculty of Economics and Law, University of Portsmouth, Portsmouth PO1 3LJ, UK)

  • Qianyi Du

    (School of Economics and Resource Management, Beijing Normal University, Beijing 100875, China
    Center for Innovation and Development Studies, Beijing Normal University, Zhuhai 519087, China)

  • Christos Floros

    (Department of Accounting and Finance, Hellenic Mediterranean University, 71410 Heraklion, Greece)

  • Loretta Malvarosa

    (NISEA, Fishery and Aquaculture Economic Research, 84100 Salerno, Italy)

  • Emmanuel Chassot

    (Institut Agro, Fisheries and Aquatic Sciences Center, 35 042 Rennes, France)

  • Vincenzo Placenti

    (ARGO Srl, 84064 Salerno, Italy)

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 the heterogeneous bottom-up fish producers, such as harvesters, aquaculture and fish-processing firms, and links fisheries with the 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.

Suggested Citation

  • Haoran Pan & Pierre Failler & Qianyi Du & Christos Floros & Loretta Malvarosa & Emmanuel Chassot & Vincenzo Placenti, 2022. "An Inter-Temporal Computable General Equilibrium Model for Fisheries," Sustainability, MDPI, vol. 14(11), pages 1-23, May.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:11:p:6444-:d:823514
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    References listed on IDEAS

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