Scandinavian Working Papers in Economics

Working Papers in Economics,
University of Gothenburg, Department of Economics

No 825: The Economic Effects of the Covid-19 Pandemic on Swedish Shrimp Fishers

Davide Dutto, Krister Mars and Håkan Eggert ()
Additional contact information
Davide Dutto: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: P.O. Box 640, SE 40530 GÖTEBORG, Sweden
Krister Mars: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: P.O. Box 640, SE 40530 GÖTEBORG, Sweden
Håkan Eggert: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: P.O. Box 640, SE 40530 GÖTEBORG, Sweden

Abstract: This paper explores the effect of the perceived risk of the Swedish people of Covid-19 on daily auctioned shrimp prices from the start of the pandemic to the end of the year 2021. This topic is of interest to see whether the government intervention in the shrimp market to aid fishers with possible losses was justified. We find that auction prices were negatively affected by covid-19 cases by 19.83 SEK/kg (-9.37 %), and that fishers have suffered a loss of 21.5 million SEK.

Keywords: COVID-19; Fisheries; Food prices; Shrimp

JEL-codes: Q00; Q21; Q22

Language: English

42 pages, August 2022

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