The Inclusion of Stocks in Multi-species Fisheries: The Case of Danish Seiners
AbstractEfficiency analysis in fisheries has become an area of increased research. However, setting up models to perform such analyses is complicated and several important modeling issues, including choice of inputs and outputs, level of aggregation and inclusion of stock indices, have only briefly been addressed in the literature. The latter issue is addressed in this paper, using data on Danish seiners and Data Envelopment Analysis (DEA) to estimate efficiency. Production in fisheries is obviously dependent on the fish stocks, and comparing vessel efficiency, therefore, needs to account for stock developments. Three methods to include fish stocks are analyzed. It is shown that estimations based on the Catch Per Unit Effort (CPUE) stock measure differ from the estimations based on independent stock measures, and are independent of the choice of time horizon and choice of input/output measures.
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Bibliographic InfoArticle provided by Marine Resources Foundation in its journal Marine Resource Economics.
Volume (Year): 20 (2005)
Issue (Month): 2 ()
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Data Envelopment Analysis; fish stock; multi-species fisheries; technical efficiency; Resource /Energy Economics and Policy; Q22;
Find related papers by JEL classification:
- Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
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