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Trade, Resources and Subsistence

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  • Using a general equilibrium model that has a resource (fisheries) sector and that incorporates subsistence consumption into consumer preferences, we examine the costs and benefits of participating in international trade. In some cases income transfers may permit potential, but otherwise unachievable, gains from trade to occur.
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  • Emami, Ali. 2002. Trade, Resources and Subsistence. In: Proceedings of the Eleventh Biennial Conference of the International Institute of Fisheries Economics and Trade, August 19-22, 2002, Wellington, New Zealand: Fisheries in the Global Economy. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2002. CD ROM.
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