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dc.contributor.authorPham, Thi Thanh Thuy
dc.contributor.authorFlaaten, Ola
dc.contributor.authorNguyen, Trong Luong
dc.contributor.authorVu, Ke Nghiep
dc.date.accessioned2021-10-07T07:06:36Z
dc.date.available2021-10-07T07:06:36Z
dc.date.issued2021
dc.description.abstractSubsidies are part of the set of management tools that governments apply to modernize their fishing fleets and enable them to engage in offshore and international fisheries. Research has shown that subsidies often lead to overcapacity and overfishing, resulting in the depletion of fish stocks. A few studies, however, have found some positive effects for particular subsidies. In this paper, we investigate a credit-linked subsidy scheme in Vietnam, which seems to be justified on the basis of economic, social, and environmental considerations. Both propensity score matching and endogenous switching regression methods are employed for analysis. The results show that the subsidies have had a positive effect on fishermen’s profitability, mainly because of increased revenue rather than reduced cost. However, the subsidies have benefited the owners of only the biggest vessels, and inefficiency in subsidized vessels may threaten resources and profitability in the long term.en_US
dc.descriptionSubmitted for publication to Marine Resource Economics on 06/25/2020. <br><br> Submitted manuscript version, licensed <a href=http://creativecommons.org/licenses/by-nc-nd/4.0/> CC BY-NC-ND 4.0. </a>en_US
dc.identifier.citationPham TTT, Flaaten O, Nguyen, Vu. Subsidies—Help or Hurt? A Study from Vietnamese Fisheries. Marine Resource Economics. 2021;36(4)en_US
dc.identifier.cristinIDFRIDAID 1931822
dc.identifier.doihttps://doi.org/10.1086/715358
dc.identifier.issn0738-1360
dc.identifier.urihttps://hdl.handle.net/10037/22731
dc.language.isoengen_US
dc.publisherUniversity of Chicago Pressen_US
dc.relation.journalMarine Resource Economics
dc.rights.accessRightsopenAccessen_US
dc.rights.holder© 2021 MRE Foundation, Inc. All rights reserved.en_US
dc.subjectVDP::Agriculture and fishery disciplines: 900::Fisheries science: 920en_US
dc.subjectVDP::Landbruks- og Fiskerifag: 900::Fiskerifag: 920en_US
dc.titleSubsidies—Help or Hurt? A Study from Vietnamese Fisheriesen_US
dc.type.versionsubmittedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US


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