Input 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...
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详细
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2023/04/17
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政策研究报告
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WPS10412
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1
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2023/04/17
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Disclosed
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Input Subsidies and the Depletion of Natural Capital : Chinese Distant Water Fishing