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Fishery Subsidies and Profitability Effects: Average Treatment Effects Based on Propensity Scores Pubblico Deposited

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Abstract
  • This paper uses the propensity-score matching method to examine the effects of a government subsidy program on the profitability of fisheries. The approach analyzes the effects at the individual vessel level through representative surveys of costs and earnings data. Bioeconomic theory and a vessel economics framework for an open-access fishery are bases for an empirical discussion of a case study on Vietnam's offshore gillnet fishery. The result demonstrates that the subsidy program has positive effects on vessel profitability and that the profits are eroded over the two years of the analysis. The subsidies have positive impacts on the operating cash flows of large vessels but negative effects on their intra-marginal rent and bring benefits to vessel owners rather than crewmembers. This study provides the first analysis of the treatment evaluation of subsidies in a Southeast Asian fishery and discusses evidence that fish stocks may be biologically overfished.
  • Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, held July 11-15, 2016 at Aberdeen Exhibition and Conference Center (AECC), Aberdeen, Scotland, UK.
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Citation
  • Challenging New Frontiers in the Global Seafood Sector: Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 11-15, 2016. Compiled by Stefani J. Evers and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2016.
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Conference Location
  • Aberdeen, Scotland, UK
Subject
Dichiarazione dei diritti
Peer Reviewed
Language
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ISBN
  • 0976343290

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