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The Contribution of Unmeasurable Inputs to Fisheries Production: An Analysis of Technical Efficiency of Fishing Vessels in the English Channel

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 Pascoe, Sean
Coglan, Louisa

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Abstract

Variations in the efficiency of demersal trawlers operating in the English Channel were examined through the estimation of a stochastic frontier production function. The most important measurable factor affecting efficiency was the age of the vessel. However, immeasurable factors accounted for about 65% of the variation in efficiency, and as much as 9% of the total variation in catches between boats. It is postulated that most of this variation was due to differences in skipper and crew skill. In contrast, "luck" accounted for around 11% of the variation in catches between boats. Copyright 2002 by American Agricultural Economics Association

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Article provided by American Agricultural Economics Association in its journal American Journal of Agricultural Economics.

Volume (Year): 84 (2002)
Issue (Month): 3 (August)
Pages: 585-97
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Handle: RePEc:bla:ajagec:v:84:y:2002:i:3:p:585-97

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  1. Alfonso Flores-Lagunes & William C. Horrace & Kurt E. Schnier, 2006. "Identifying Technically Efficient Fishing Vessels: A Non-Empty, Minimal Subset Approach," Center for Policy Research Working Papers 78, Center for Policy Research, Maxwell School, Syracuse University. [Downloadable!]
    Other versions:
  2. Diop, Hamady & Keithly, Walter R., Jr. & Kazmierczak, Richard R., Jr. & Diagne, Assane, 2007. "Economic And Physical Measures of Efficiency: the Case of the Gulf of Mexico Grouper Fishery," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34915, Southern Agricultural Economics Association. [Downloadable!]
  3. Tom Kompas & Tuong Nhu Che & R. Quentin Grafton, 2003. "Technical Efficiency Effects of Input Controls: Evidence from Australia's Banana Prawn Fishery," Economics and Environment Network Working Papers 0304, Australian National University, Economics and Environment Network. [Downloadable!]
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  4. Kevin J. Fox & R. Quentin Grafton & Tom Kompas & Tuong Nhu Che, 2003. "Productivity and capacity reduction: the case of a fishery," International and Development Economics Working Papers idec03-2, International and Development Economics. [Downloadable!]
  5. Eggert, Hakan & Tveteras, Ragnar, 2001. "Stochastic Production And Heterogeneous Risk Preferences: Commercial Fishers' Gear Choice," 2001 Annual meeting, August 5-8, Chicago, IL 20671, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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  6. Andersen, Jesper Levring, 2005. "The Inclusion of Stocks in Multi-species Fisheries: The Case of Danish Seiners," Marine Resource Economics, Marine Resources Foundation, vol. 20(2). [Downloadable!]
  7. Tomberlin, David & Holloway, Garth, 2006. "Bayesian Ranking and Selection of Fishing Boat Efficiencies," Marine Resource Economics, Marine Resources Foundation, vol. 21(4). [Downloadable!]
  8. Kevin J. Fox & R. Quentin Grafton & Tom Kompas & Tuong Nhu Che, 2003. "Capacity Reduction and Productivity: The Case of Fishery," Economics and Environment Network Working Papers 0303, Australian National University, Economics and Environment Network. [Downloadable!]
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