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An Economic Theory Study for Mutivariate Impacts of Fisheries Subsidies on Fishery Resources  

LEE, Sang-Go (Pukyong National University)
KWAK, In-Sup (Graduate School of Military)
Publication Information
Journal of Fisheries and Marine Sciences Education / v.16, no.1, 2004 , pp. 99-109 More about this Journal
Abstract
This study analyzed the multivariate impacts of subsidies on the sustainability of fish stock using a dynamic bioeconomic modeling and fisheries resources economic approaches for understanding impacts of a subsidy on the sustainability of a fish stock. According to the results of analysis, the conclusion of former studies is true only there are imperfect control of fishing effort and enforcement under management rerime and under open access. However, if there are perfect control of effort and enforcement, the subsidies do not give any negative impacts on the sustainability of fish stock. Further, if even so-called bad subsidy is also provided necessarily in response to the condition of fishing industry and the characteristic of fishermen, it can give positive impacts on fishing income by which fishermen can improve their fishing condition.
Keywords
Fisheries subsidy; Multiνariate impacts; Implicit subsidy; Management Regime;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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