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Do Firm Support Increase Investments? Evidence from the Aquaculture and Fish Processing Sectors in Sweden

Blomquist, Johan LU and Waldo, Staffan LU (2022) In Journal of Agricultural and Applied Economics 54(2). p.306-318
Abstract

The European Union provides firm support to the maritime sector to reach the policy objectives in the Common Fisheries Policy. This paper analyzes to what extent the investment support to aquaculture and fish processing firms in Sweden increases firm investment activity. By doing so, the paper also quantifies the amount of investments that would have been undertaken also without support (deadweight losses, DWL). The results show that the support increases investment in aquaculture with a factor of 0.65, thus with a DWL of 35%. The corresponding number for fish processing is a DWL of 77%.

Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
aquaculture, Common Fisheries Policy, D04, deadweight loss, fish processing, investment support, Q22, Q28
in
Journal of Agricultural and Applied Economics
volume
54
issue
2
pages
13 pages
publisher
Cambridge University Press
external identifiers
  • scopus:85128444883
ISSN
1074-0708
DOI
10.1017/aae.2022.11
language
English
LU publication?
yes
id
9da5bf2d-395d-474c-a8de-fc817bcf5594
date added to LUP
2022-07-01 11:53:16
date last changed
2022-07-01 17:00:19
@article{9da5bf2d-395d-474c-a8de-fc817bcf5594,
  abstract     = {{<p>The European Union provides firm support to the maritime sector to reach the policy objectives in the Common Fisheries Policy. This paper analyzes to what extent the investment support to aquaculture and fish processing firms in Sweden increases firm investment activity. By doing so, the paper also quantifies the amount of investments that would have been undertaken also without support (deadweight losses, DWL). The results show that the support increases investment in aquaculture with a factor of 0.65, thus with a DWL of 35%. The corresponding number for fish processing is a DWL of 77%.</p>}},
  author       = {{Blomquist, Johan and Waldo, Staffan}},
  issn         = {{1074-0708}},
  keywords     = {{aquaculture; Common Fisheries Policy; D04; deadweight loss; fish processing; investment support; Q22; Q28}},
  language     = {{eng}},
  month        = {{05}},
  number       = {{2}},
  pages        = {{306--318}},
  publisher    = {{Cambridge University Press}},
  series       = {{Journal of Agricultural and Applied Economics}},
  title        = {{Do Firm Support Increase Investments? Evidence from the Aquaculture and Fish Processing Sectors in Sweden}},
  url          = {{http://dx.doi.org/10.1017/aae.2022.11}},
  doi          = {{10.1017/aae.2022.11}},
  volume       = {{54}},
  year         = {{2022}},
}