Present address: Graduate School of Agricultural Life Sciences, The University of Tokyo, Bunkyo, Tokyo 113-8657, Japan.
Panel data analyses to examine effects of subsidies to fishery productions in OECD countries
Version of Record online: 5 DEC 2008
© 2008 Japanese Society of Fisheries Science
Volume 74, Issue 6, pages 1229–1234, December 2008
How to Cite
YAGI, N., SENDA, Y. and ARIJI, M. (2008), Panel data analyses to examine effects of subsidies to fishery productions in OECD countries. Fisheries Science, 74: 1229–1234. doi: 10.1111/j.1444-2906.2008.01647.x
- Issue online: 5 DEC 2008
- Version of Record online: 5 DEC 2008
- Received 16 January 2008. Accepted 29 May 2008.
- fisheries subsidies;
- panel data analysis;
An econometric analysis, known as a panel data analysis, was conducted to understand the nature and the magnitude of the effect caused by subsidies to fishery productions. Published data on government financial transfers for OECD member countries from 1996 to 2002 were used for this purpose. The result of the panel data analysis indicated that certain financial transfers have brought small but positive influences to economic indicators on fisheries of aggregated OECD countries, while either no or negative effects were recognized in other financial transfers. Different magnitudes of influences were observed according to the types of the transfers. Also, there are cases where two types of financial transfers provide offsetting effects to a single economic indicator. Specifically, the total volume of fishery production for OECD countries is positively influenced by government direct payment programs, but negatively affected by the amount of general services provided by the governments. This study can be regarded as a useful first attempt to examine the empirical link between productions and subsidies of the fishery sectors.