Hooked on Fuel - Estimating the fuel price elasticity of effort in the EU fishing fleet.
This thesis examines the contemporaneous effect of a fuel price increase on the fishing effort in the EU’s fleet, comparing the small-scale fleet segment and the large-scale fleet segment. Using quarterly country-level panel data on fishing effort and fuel prices from 2021 to 2023, coefficients for the fuel price elasticity of effort are estimated through two fixed effects regressions using OLS. T
