In the case of fisheries, exports are an important cause of resource depletion. This paper uses very detailed country-species-level fisheries data to estimate the causal effect of a fishery’s exports… Click to show full abstract
In the case of fisheries, exports are an important cause of resource depletion. This paper uses very detailed country-species-level fisheries data to estimate the causal effect of a fishery’s exports on the collapse of the fishery. Identification is based on an export demand shock originating from Japan. The results reveal that an increase in logged exports by one standard deviation raises the probability of a fishery’s collapse in the following year by 29 percentage points.
               
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