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The Economic Effects of the Covid-19 Pandemic on Swedish Shrimp Fishers

Author

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  • Dutto, Davide

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

  • Mars, Krister

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

  • Eggert, Håkan

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

This paper explores the effect of the perceived risk of the Swedish people of Covid-19 on daily auctioned shrimp prices from the start of the pandemic to the end of the year 2021. This topic is of interest to see whether the government intervention in the shrimp market to aid fishers with possible losses was justified. We find that auction prices were negatively affected by covid-19 cases by 19.83 SEK/kg (-9.37 %), and that fishers have suffered a loss of 21.5 million SEK.

Suggested Citation

  • Dutto, Davide & Mars, Krister & Eggert, Håkan, 2022. "The Economic Effects of the Covid-19 Pandemic on Swedish Shrimp Fishers," Working Papers in Economics 825, University of Gothenburg, Department of Economics.
    • Handle: RePEc:hhs:gunwpe:0825
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    File URL: https://gupea.ub.gu.se/handle/2077/73322
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    References listed on IDEAS

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    2. Haiqiang Chen & Wenlan Qian & Qiang Wen, 2021. "The Impact of the COVID-19 Pandemic on Consumption: Learning from High-Frequency Transaction Data," AEA Papers and Proceedings, American Economic Association, vol. 111, pages 307-311, May.
    3. Homans, Frances R. & Wilen, James E., 1997. "A Model of Regulated Open Access Resource Use," Journal of Environmental Economics and Management, Elsevier, vol. 32(1), pages 1-21, January.
    4. Akay, Alpaslan, 2022. "The local and global mental health effects of the Covid-19 pandemic," Economics & Human Biology, Elsevier, vol. 45(C).
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    More about this item

    Keywords

    COVID-19; Fisheries; Food prices; Shrimp;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery

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