Fiske och havsbruk som ekonomisk motor i norska regioner
(2020) NEKH03 20192Department of Economics
- Abstract
- Norway has the past 20 years witnessed a boom in fishing and aquaculture industry. This thesis investigates whether it has been beneficial for economic growth on a regional level. Data from the 19 regions of Norway has been used to test three hypotheses through econometric analysis using a two-way fixed effect panel regression model. The first hypothesis implying a correlation between productivity in fishing and aquaculture industry and regional economic growth, is supported by the results. It seems to be mainly positive for smaller regions which the third hypothesis suggests. The fast capital accumulation in fishing and aquaculture is assumed to contribute more to economic growth compared to other industries, however this hypothesis is... (More)
- Norway has the past 20 years witnessed a boom in fishing and aquaculture industry. This thesis investigates whether it has been beneficial for economic growth on a regional level. Data from the 19 regions of Norway has been used to test three hypotheses through econometric analysis using a two-way fixed effect panel regression model. The first hypothesis implying a correlation between productivity in fishing and aquaculture industry and regional economic growth, is supported by the results. It seems to be mainly positive for smaller regions which the third hypothesis suggests. The fast capital accumulation in fishing and aquaculture is assumed to contribute more to economic growth compared to other industries, however this hypothesis is rejected. The results instead demonstrate a negative contribution to economic growth. The risk of a region’s economy relying much on one single industry are raised based on the phenomenon “The curse of natural resources”, but the development of this issue is for future studies to investigate. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9002334
- author
- Grahn, David LU and Ekelund, Petter
- supervisor
- organization
- course
- NEKH03 20192
- year
- 2020
- type
- M2 - Bachelor Degree
- subject
- keywords
- aquaculture, Norway, economic growth, natural resources
- language
- Swedish
- id
- 9002334
- date added to LUP
- 2020-02-03 09:37:00
- date last changed
- 2020-02-03 09:37:00
@misc{9002334, abstract = {{Norway has the past 20 years witnessed a boom in fishing and aquaculture industry. This thesis investigates whether it has been beneficial for economic growth on a regional level. Data from the 19 regions of Norway has been used to test three hypotheses through econometric analysis using a two-way fixed effect panel regression model. The first hypothesis implying a correlation between productivity in fishing and aquaculture industry and regional economic growth, is supported by the results. It seems to be mainly positive for smaller regions which the third hypothesis suggests. The fast capital accumulation in fishing and aquaculture is assumed to contribute more to economic growth compared to other industries, however this hypothesis is rejected. The results instead demonstrate a negative contribution to economic growth. The risk of a region’s economy relying much on one single industry are raised based on the phenomenon “The curse of natural resources”, but the development of this issue is for future studies to investigate.}}, author = {{Grahn, David and Ekelund, Petter}}, language = {{swe}}, note = {{Student Paper}}, title = {{Fiske och havsbruk som ekonomisk motor i norska regioner}}, year = {{2020}}, }