Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery'
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simulate the effects of a policy change in which government financial assistance to a major Canadian marine fishery is withdrawn and the industry is placed on a commercially viable basis.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 employme...
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ftagecon:oai:ageconsearch.umn.edu:47835 2023-05-15T17:20:52+02:00 Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' Schrank, William E. Roy, Noel Tsoa, Eugene 1986 27 http://purl.umn.edu/47835 en eng Marine Resource Economics>Volume 03, Number 3, 1986 Marine Resource Economics Vol. 3 No. 3 0738-1360 http://purl.umn.edu/47835 Environmental Economics and Policy Resource /Energy Economics and Policy Journal Article 1986 ftagecon 2012-09-12T16:31:31Z 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simulate the effects of a policy change in which government financial assistance to a major Canadian marine fishery is withdrawn and the industry is placed on a commercially viable basis.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. Article in Journal/Newspaper Newfoundland AgEcon Search - Research in Agricultural & Applied Economics |
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Open Polar |
collection |
AgEcon Search - Research in Agricultural & Applied Economics |
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ftagecon |
language |
English |
topic |
Environmental Economics and Policy Resource /Energy Economics and Policy |
spellingShingle |
Environmental Economics and Policy Resource /Energy Economics and Policy Schrank, William E. Roy, Noel Tsoa, Eugene Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
topic_facet |
Environmental Economics and Policy Resource /Energy Economics and Policy |
description |
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. |
format |
Article in Journal/Newspaper |
author |
Schrank, William E. Roy, Noel Tsoa, Eugene |
author_facet |
Schrank, William E. Roy, Noel Tsoa, Eugene |
author_sort |
Schrank, William E. |
title |
Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
title_short |
Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
title_full |
Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
title_fullStr |
Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
title_full_unstemmed |
Employment Prospects in a Commercially Viable Newfoundland Fishery: An Application of 'An Econometric Model of the Newfoundland Groundfishery' |
title_sort |
employment prospects in a commercially viable newfoundland fishery: an application of 'an econometric model of the newfoundland groundfishery' |
publishDate |
1986 |
url |
http://purl.umn.edu/47835 |
genre |
Newfoundland |
genre_facet |
Newfoundland |
op_relation |
Marine Resource Economics>Volume 03, Number 3, 1986 Marine Resource Economics Vol. 3 No. 3 0738-1360 http://purl.umn.edu/47835 |
_version_ |
1766102693397397504 |