Abstract
This study explores the state of global marine fisheries and empirically analyzes its relationship to economic factors. We apply the pooled mean group estimator method to examine 70 fishing countries for the period of 1961–2010. We use both catch and the estimated size of stock as proxies for marine ecosystems. Our results confirm that economic growth initially leads to the deterioration of marine ecosystems. However, for a per capita income level of approximately 3,827 USD for the catch model and of 6,066 USD for the biomass model, we found beneficial impacts of economic growth on the sustainability of marine fisheries. Over the next two decades, we expect to see a decline in catch and indications of stock recovery.
| Original language | English |
|---|---|
| Pages (from-to) | 158-168 |
| Number of pages | 11 |
| Journal | Economic Analysis and Policy |
| Volume | 55 |
| DOIs | |
| Publication status | Published - Sep 2017 |
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All Science Journal Classification (ASJC) codes
- Economics and Econometrics
Cite this
Global marine fisheries with economic growth. / Sugiawan, Yogi; Islam, Moinul; Managi, Shunsuke.
In: Economic Analysis and Policy, Vol. 55, 09.2017, p. 158-168.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Global marine fisheries with economic growth
AU - Sugiawan, Yogi
AU - Islam, Moinul
AU - Managi, Shunsuke
PY - 2017/9
Y1 - 2017/9
N2 - This study explores the state of global marine fisheries and empirically analyzes its relationship to economic factors. We apply the pooled mean group estimator method to examine 70 fishing countries for the period of 1961–2010. We use both catch and the estimated size of stock as proxies for marine ecosystems. Our results confirm that economic growth initially leads to the deterioration of marine ecosystems. However, for a per capita income level of approximately 3,827 USD for the catch model and of 6,066 USD for the biomass model, we found beneficial impacts of economic growth on the sustainability of marine fisheries. Over the next two decades, we expect to see a decline in catch and indications of stock recovery.
AB - This study explores the state of global marine fisheries and empirically analyzes its relationship to economic factors. We apply the pooled mean group estimator method to examine 70 fishing countries for the period of 1961–2010. We use both catch and the estimated size of stock as proxies for marine ecosystems. Our results confirm that economic growth initially leads to the deterioration of marine ecosystems. However, for a per capita income level of approximately 3,827 USD for the catch model and of 6,066 USD for the biomass model, we found beneficial impacts of economic growth on the sustainability of marine fisheries. Over the next two decades, we expect to see a decline in catch and indications of stock recovery.
UR - http://www.scopus.com/inward/record.url?scp=85028545004&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85028545004&partnerID=8YFLogxK
U2 - 10.1016/j.eap.2017.08.004
DO - 10.1016/j.eap.2017.08.004
M3 - Article
AN - SCOPUS:85028545004
VL - 55
SP - 158
EP - 168
JO - Economic Analysis and Policy
JF - Economic Analysis and Policy
SN - 0313-5926
ER -