Impact of Fishery Enhancement Subsidies on International Trade and Fisheries
By James L. Anderson, Rachel Hopkins, and Mark Soboil
ABSTRACT
The impact of subsidies on international trade and the environment has become a widely debated issue in recent years. This study attempts to bridge this gap by formally addressing the trade and natural resource implications of subsidies in fishery enhancement. The first and second sections briefly discuss the underlying theory of conventional trade analysis and the bioeconomic model of fishery supply. The next section analyzes the impact of fisheries enhancement subsidies in an isolated country. The last section merges trade analysis with the unique nature of the fishery supply relationship to provide conclusions about the impact of fishery enhancement on trade and the health of fisheries. The conclusions are that volume of trade increases, resulting in lower prices and increased consumption in both the domestic and foreign markets. If wild and enhanced stocks do not intermix, wild fish stock should increase in both markets. If stocks intermix, however, the enhancement program may lead to a decline in the wild stock.
 View Seafood Markets and Fishery Management: International Dimensions Session
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