Interactions of Fish Sector and Non-Fish Sector in DSGE Model

Wei LI

Abstract


This paper presents a three sector models showing that the shock of preference of non-fish has only effect on non-fish production, and fish production increase of labor can both influence fish and non-fish sector. But the influence is higher in the non-fish sector. Labor shock can increase the investment and labor in the fish sector and decrease investment and labor in the non-fish sector. This may be caused by high labor share and changes in work in the fish sector.


Full Text: PDF DOI: 10.5539/jas.v5n5p244

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Journal of Agricultural Science ISSN 1916-9752 (Print) ISSN 1916-9760 (Online)

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