Plausibly Exogenous [1130] - Resource Extraction (03/06/2023)
LHS Variable
Natural resource extraction
RHS Variable
Input subsidies
Source of Exogenous Variation
Vessel-level variation in fuel subsidies that was induced by China’s 2016 fuel subsidy reform. The reform created 25 separate thresholds at which fuel subsidies discontinuously increase. These thresholds depend entirely on predetermined vessel characteristics
- Englander et al. (2023), “Input Subsidies and the Destruction of Natural Capital: Chinese Distant Water Fishing”