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dc.contributor.authorKinnucan, Henry william
dc.contributor.authorDas, Abhipsita
dc.contributor.authorPettersen, Ingrid Kristine
dc.date.accessioned2022-02-09T08:05:01Z
dc.date.available2022-02-09T08:05:01Z
dc.date.issued2021-10-19
dc.description.abstractNorway recently increased the effective levy used to fund its export promotion programme for whitefish by 21 per cent. Study results suggest the intensified programme is welfare increasing. The net social gain, defined as the difference between the increase in economic surplus associated with the increased advertising and the decrease in economic surplus associated with the increased effective levy, is estimated at between $20 million and $136 million per year, for a best-bet estimate $60 million. The associated benefit–cost ratio (BCR), defined as the ratio of the aforementioned changes in economic surplus, is estimated at between 11 and 71, for a best-bet estimate of 32. The BCR is invariant to the supply elasticity. The invariance property is useful as it implies that the BCR can be estimated using strictly demand-side information; there is no need to estimate the supply side of the market. The current levy of 0.75 per cent appears to be well below the levy that would maximise producer welfare.en_US
dc.descriptionThis is a pre-copyedited, author-produced version of an article accepted for publication in the <i>European Review of Agricultural Economics</i> following peer review. The version of record, Kinnucan, H.W., Das, A. & Pettersen, I.K. (2021). A welfare analysis of Norway’s export promotion programme for whitefish. <i>European Review of Agricultural Economics, 2021</i>, jbab044, is available online at <a href=https://doi.org/10.1093/erae/jbab044>https://doi.org/10.1093/erae/jbab044</a>.en_US
dc.identifier.citationKinnucan, H.W., Das, A. & Pettersen, I.K. (2021). A welfare analysis of Norway’s export promotion programme for whitefish. <i>European Review of Agricultural Economics, 2021</i>, jbab044.en_US
dc.identifier.cristinIDFRIDAID 1982201
dc.identifier.doi10.1093/erae/jbab044
dc.identifier.issn0165-1587
dc.identifier.issn1464-3618
dc.identifier.urihttps://hdl.handle.net/10037/23972
dc.language.isoengen_US
dc.publisherOxford University Pressen_US
dc.relation.journalEuropean Review of Agricultural Economics
dc.rights.accessRightsopenAccessen_US
dc.rights.holderCopyright 2021 The Author(s)en_US
dc.subjectVDP::Social science: 200::Economics: 210en_US
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210en_US
dc.subjectVDP::Agriculture and fishery disciplines: 900::Fisheries science: 920en_US
dc.subjectVDP::Landbruks- og Fiskerifag: 900::Fiskerifag: 920en_US
dc.titleA welfare analysis of Norway’s export promotion programme for whitefishen_US
dc.type.versionacceptedVersionen_US
dc.typeJournal articleen_US
dc.typeTidsskriftartikkelen_US
dc.typePeer revieweden_US


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