Publication:
Input Subsidies and the Depletion of Natural Capital: Chinese Distant Water Fishing

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dc.contributor.authorEnglander, Gabriel
dc.contributor.authorZhang,Jihua, Jihua
dc.contributor.authorVillaseñor-Derbez, Juan Carlos
dc.contributor.authorJiang, Qutu
dc.contributor.authorHu, Mingzhao
dc.contributor.authorDeschenes, Olivier
dc.contributor.authorCostello, Christopher
dc.date.accessioned2023-04-21T15:40:16Z
dc.date.available2023-04-21T15:40:16Z
dc.date.issued2023-04-21
dc.description.abstractInput subsidies in natural resource sectors are widely believed to deplete the natural capital on which these sectors depend. However, estimating the causal effect of subsidies on resource extraction has been stymied by identification and data challenges. China’s fishing fleet is the world’s largest, and in 2016 the government changed its fuel subsidy policy for distant water vessels to one that increases with predetermined vessel characteristics. Regression discontinuity estimates imply a long-run elasticity of fishing hours with respect to fuel subsidies of 2.2. Consequently, reducing Chinese fuel subsidies by 50 percent could eliminate biological overfishing in several ocean regions. By demonstrating the substantial impact of fuel subsidies on fishing activity and fish stocks, the findings inform ongoing subsidy reform in China, other nations with subsidized fishing vessel fuel, and the World Trade Organization.en
dc.identifierhttp://documents.worldbank.org/curated/en/099438404172325670/IDU0740c93fa09cf604a5809700080d06c0c1316
dc.identifier.doi10.1596/1813-9450-10412
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39723
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Papers; 10412
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFUEL SUBSIDIES
dc.subjectOVERFISHING
dc.subjectDEPLETION OF NATURAL RESOURCES
dc.subjectRESOURCE EXTRACTION
dc.subjectSUBSIDY REFORM
dc.subjectIMPACT OF FUEL SUBSIDIES ON FISHING STOCK
dc.titleInput Subsidies and the Depletion of Natural Capitalen
dc.title.subtitleChinese Distant Water Fishingen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleInput Subsidies and the Depletion of Natural Capital: Chinese Distant Water Fishing
okr.date.disclosure2023-04-17
okr.date.doiregistration2025-04-25T02:23:40.843406Z
okr.date.lastmodified2023-04-17T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099438404172325670/IDU0740c93fa09cf604a5809700080d06c0c1316
okr.guid099438404172325670
okr.identifier.docmidIDU-740c93fa-9cf6-4a58-9700-80d06c0c1316
okr.identifier.doi10.1596/1813-9450-10412
okr.identifier.doihttp://dx.doi.org/10.1596/1813-9450-10412
okr.identifier.externaldocumentum34043642
okr.identifier.internaldocumentum34043642
okr.identifier.reportWPS10412
okr.import.id497
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099438404172325670/pdf/IDU0740c93fa09cf604a5809700080d06c0c1316.pdfen
okr.region.countryChina
okr.topicWater Resources::Coastal and Marine Resources
okr.topicEnvironment::Marine Environment
okr.topicIndustry::Fishing Industry
okr.topicEnvironment::Biodiversity
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.topicEnergy::Energy and Environment
okr.unitDEC-Sustainability & Infrastruct (DECSI)
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