The Potential Economic Loss to the Oman Economy as a Result of Exporting Unprocessed Fish

Msafiri D. Mbaga, Saud M. Al-Jufaily, Mariam M.S. Al Belushi

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)

Abstract

This article attempts to estimate the loss in economic activity to the Oman economy resulting from exporting unprocessed fish. Because of the lack of data to compute the necessary multipliers, we use multipliers from other sources. Results show that if fish exported between 2003 and 2007 had been processed in Oman, 479.7 to 829.5 million Rials in economic activity could have been generated. Furthermore, between 2003 and 2007, if all the unprocessed fish exported had been processed locally, between 0.874 and 1.818 billion Rials increase in income could have been generated, with an additional income of up to 1.594 billion Rials through induced effects. Also for every person the fish processing industries could have employed (if all fish processing took place locally) between three to five jobs could have been created economy wide. These results, however, must be taken only as broad indicators because of the lack of multiplier data in Oman.

Original languageEnglish
Pages (from-to)186-199
Number of pages14
JournalJournal of Food Products Marketing
Volume18
Issue number3
DOIs
Publication statusPublished - May 2012

Keywords

  • economic multipliers
  • Fish processing
  • law of one price

ASJC Scopus subject areas

  • Business and International Management
  • Food Science
  • Marketing

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