Estimating the Effects of Environmental Taxation on the Offshore Fisheries
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The purpose of this paper is to examine the supply of non- taxable oil, which is regarded as a representative fisheries subsidy in the Republic of Korea. Ultimately, this study aims to estimate the effects of environmental taxation on the cost structure of offshore fisheries. To this, we estimate the CO2 emissions of offshore fisheries and the cost function of its. In particular, we compared the translog cost function and the Fourier cost function. As a result of comparing each cost function model, Fourier cost function model well-satisfies the concavity of the cost function. Besides, using Fourier cost function model, the elasticity of fishery cost has been estimated. Lastly, we analyzed whether environmental taxation is valid or not to achieve political goals in the offshore fisheries.
Abstract
The purpose of this paper is to examine the supply of non- taxable oil, which is regarded as a representative fisheries subsidy in the Republic of Korea. Ultimately, this study aims to estimate the effects of environmental taxation on the cost structure of offshore fisheries. To this, we estimate the CO2 emissions of offshore fisheries and the cost function of its. In particular, we compared the translog cost function and the Fourier cost function. As a result of comparing each cost function model, Fourier cost function model well-satisfies the concavity of the cost function. Besides, using Fourier cost function model, the elasticity of fishery cost has been estimated. Lastly, we analyzed whether environmental taxation is valid or not to achieve political goals in the offshore fisheries.
참고문헌 (19)
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