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Fiske och havsbruk som ekonomisk motor i norska regioner

Grahn, David LU and Ekelund, Petter (2020) NEKH03 20192
Department 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:
author
Grahn, David LU and Ekelund, Petter
supervisor
organization
course
NEKH03 20192
year
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}},
}