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Aquaculture Modelling in a General Equilibrium Framework. An Application for the EU

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  • Bartelings, Heleen
  • Boulanger, Pierre H
  • Guillen, Jordi
  • Philippidis, George
  • Smeets Kristkova, Zuzana

Abstract

This paper is the first attempt of analysing the EU aquaculture sector following a disaggregated approach and including public subsidies within a global CGE modelling framework. Using the MAGNET model, it distinguishes five aquaculture sectors, one wild-captured fish and one fish processing sectors. Furthermore, it adds to the system a fishmeal and fish oil processing sector. Both modelling and data adjustments are needed to properly integrate these new features. This paper pays special attention in the incorporation of cost structures for newly added sectors as well as the representation of income subsidies in aquaculture. It set up a baseline at the horizon 2050, looking how the fish related sectors are expected to develop and what could change if extra EU subsidies would be introduced. It also analyses whether the impact of the aquaculture subsidies could differ substantially if the demand for fish products would develop more rapidly than expected.

Suggested Citation

  • Bartelings, Heleen & Boulanger, Pierre H & Guillen, Jordi & Philippidis, George & Smeets Kristkova, Zuzana, 2020. "Aquaculture Modelling in a General Equilibrium Framework. An Application for the EU," Conference papers 333152, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:333152
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    References listed on IDEAS

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    1. Chang Seung & Edward Waters, 2010. "Evaluating Supply-Side And Demand-Side Shocks For Fisheries: A Computable General Equilibrium (Cge) Model For Alaska," Economic Systems Research, Taylor & Francis Journals, vol. 22(1), pages 87-109.
    2. Angel Aguiar & Maksym Chepeliev & Erwin L. Corong & Robert McDougall & Dominique van der Mensbrugghe, 2019. "The GTAP Data Base: Version 10," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 4(1), pages 1-27, June.
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