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Factors Affecting Sustainable Fishing in the Fishing Ground Load Capacity Curve (FGLCC) Framework: A Study of Asian Fisheries-Producing Countries
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Abolghasem Golkhandan *    |
| Department of Economics, Faculty of Economics and Administrative Sciences, Lorestan University |
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Abstract: (20 Views) |
| This research has investigated the factors affecting sustainable fishing in the fishing ground load capacity curve (FGLCC) framework in 11 major fisheries-producing Asian countries (including Iran) between 2004 and 2022. For this purpose, the fishing ground load capacity factor (FGLCF), which is calculated as the ratio of the biocapacity of the fishing ground on the supply side of the ecosystem to the ecological footprint of the fishing ground on the demand side of the ecosystem, has been used as an index of sustainable fishing. The research modeling is based on the framework of a STIRPAT model and its estimation is done in the form of unit root and panel cointegration tests with cross-sectional dependency and using the Augmented Mean Group (AMG) and Common Correlated Effects Mean Group (CCEMG) estimators. To investigate the Granger causality relationship between the variables of the model, Dumitrescu and Horlin's panel causality test has been used. Experimental results show that the relationship between economic growth and FGLCF follows a U-shaped curve pattern, confirming the FGLCC hypothesis's existence. So most of the studied countries are in the downward branch of this curve. The effect of population and the degree of trade openness on FGLCF is negative and significant, and this effect is positive and significant for foreign direct investment and human capital. These results show that economic growth, population, and openness harm sustainable fishing; while foreign direct investment and human capital lead to an increase in sustainable fishing. Also, the panel causality test results confirm a causal relationship between economic growth, population, and human capital to FGLCF. |
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| Keywords: Sustainable Fishing, Fishing Ground Load Capacity Factor, STIRPAT Model, Cross-Sectional Dependency, of Asian Fisheries-Producing Countries |
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Full-Text [PDF 1090 kb]
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Type of Study: Research |
Subject:
General
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