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Marine Resource Economics >
Volume 03, Number 3, 1986 >
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http://purl.umn.edu/47835
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| Title: | Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
| Authors: | Schrank, William E. Roy, Noel Tsoa, Eugene |
| Issue Date: | 1986 |
| Series/Report no.: | Marine Resource Economics Vol. 3 No. 3 |
| Abstract: | An econometric model is utilized to simulate
the effects of a policy change in which government financial assistance to a major Canadian marine fishery is withdrawn and the industry is placed on a commercially viable basis. Under near-ideal conditions of marketing and harvesting, harvesting
employment would fall drastically, from approximately thirty thousand fishermen under the current regime to approximately
six thousand. There would be a concomitant fall in seasonal fish plant employment, and a severe fall in those federal transfer payments (e.g., unemployment insurance) which
are currently generated by extensive seasonal employment in both harvesting and processing sectors of the fishery. The policy analysis consists of simulations with a prototype econometric model which integrates the demand, processing, and harvesting sectors of the fishery. The essential components of the 1,000-equation model are described. |
| URI: | http://purl.umn.edu/47835 |
| Identifiers: | 0738-1360 |
| Institution/Association: | Marine Resource Economics>Volume 03, Number 3, 1986 |
| Total Pages: | 27 |
| From Page: | 237 |
| To Page: | 263 |
| Collections: | Volume 03, Number 3, 1986
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