Do Firm Support Increase Investments? Evidence from the Aquaculture and Fish Processing Sectors in Sweden
(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:
https://lup.lub.lu.se/record/9da5bf2d-395d-474c-a8de-fc817bcf5594
- author
- Blomquist, Johan LU and Waldo, Staffan LU
- organization
- publishing date
- 2022-05-31
- 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}}, }