The consequences of trade openness on the availability of seafood resources: Methodology and evidence based in the case of Turkey
In this study, we investigate whether the trade in fish and fish prod- ucts contributed to the decline of 57 fish species observed from 1996 to 2009 in Turkey. Our aim is to test the theoretical prediction that trade liberalization in the presence of open access resources can lead to a re- duction in harvest at the long-run due to stock depletion. To this end, we carry out an instrumental variable estimation for a panel data model.
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- Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
- Bjorndal, Trond, 1988. "The optimal management of North Sea Herring," Journal of Environmental Economics and Management, Elsevier, vol. 15(1), pages 9-29, March.
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