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Estimating Heterogeneous Primal Capacity and Capacity Utilization Measures in a Multi-Species Fishery

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Author Info
Felthoven, Ronald G.
Horrace, William C.
Schnier, Kurt E.

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Abstract

We use a stochastic production frontier model to investigate the presence of heterogeneous production and its impact on fleet capacity and capacity utilization in a multi-species fishery. Furthermore, we propose a new fleet capacity estimate that incorporates complete information on the stochastic differences between each vessel-specific technical efficiency distribution. Results indicate that ignoring heterogeneity in production technologies within a multi-species fishery, as well as the complete distribution of a vessel’'s technical efficiency score, may yield erroneous fleet-wide production profiles and estimates of capacity.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2006 Annual meeting, July 23-26, Long Beach, CA with number 21276.

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Date of creation: 2006
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Handle: RePEc:ags:aaea06:21276

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Keywords: Resource /Energy Economics and Policy;

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  1. Kenneth E. Train, 1998. "Recreation Demand Models with Taste Differences over People," Land Economics, University of Wisconsin Press, vol. 74(2), pages 230-239. [Downloadable!] (restricted)
  2. El-Gamal, Mahmoud A. & Grether, David M., 1995. "Are People Bayesian? Uncovering Behavioral Strategies," Working Papers 919, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  3. James E. Kirkley & Dale Squires & Mohammad Ferdous Alam & Haji Omar Ishak, 2003. "Excess Capacity and Asymmetric Information in Developing Country Fisheries: The Malaysian Purse Seine Fishery," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(3), pages 647-662, 08. [Downloadable!] (restricted)
  4. repec:cup:cbooks:9780521017152 is not listed on IDEAS
  5. Catherine J. Morrison Paul & Warren E. Johnston & Gerald A. G. Frengley, 2000. "Efficiency in New Zealand Sheep and Beef Farming: The Impacts of Regulatory Reform," The Review of Economics and Statistics, MIT Press, vol. 82(2), pages 325-337, May. [Downloadable!] (restricted)
  6. Kurt E. Schnier & Christopher M. Anderson & William C. Horrace, 2006. "Estimating Heterogeneous Production in Fisheries," Center for Policy Research Working Papers 80, Center for Policy Research, Maxwell School, Syracuse University. [Downloadable!]
  7. Mistiaen, Johan A & Strand, Ivar E, 2000. " Location Choice of Commercial Fishermen with Heterogeneous Risk Preferences," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 82(5), pages 1184-90. [Downloadable!] (restricted)
  8. Felthoven, Ronald G., 2002. "Effects Of The American Fisheries Act On Capacity, Utilization And Technical Efficiency," Marine Resource Economics, Marine Resources Foundation, vol. 17(3). [Downloadable!]
  9. Smith, Martin D., 2005. "State dependence and heterogeneity in fishing location choice," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 319-340, September. [Downloadable!] (restricted)
  10. James Kirkley & Catherine Morrison Paul & Dale Squires, 2002. "Capacity and Capacity Utilization in Common-pool Resource Industries," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 71-97, June. [Downloadable!] (restricted)
  11. Provencher, Bill & Bishop, R.C.Richard C., 2004. "Does accounting for preference heterogeneity improve the forecasting of a random utility model? A case study," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 793-810, July. [Downloadable!] (restricted)
  12. Fare, Rolf & Grosskopf, Shawna & Kokkelenberg, Edward C, 1989. "Measuring Plant Capacity, Utilization and Technical Change: A Nonparametric Approach," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(3), pages 655-66, August. [Downloadable!] (restricted)
  13. Tom Kompas & Tuong Nhu Che & R. Quentin Grafton, 2004. "Technical efficiency effects of input controls: evidence from Australia's banana prawn fishery," Applied Economics, Taylor and Francis Journals, vol. 36(15), pages 1631-1641, August. [Downloadable!] (restricted)
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  14. Anderson, Christopher M. & Putterman, Louis, 2006. "Do non-strategic sanctions obey the law of demand? The demand for punishment in the voluntary contribution mechanism," Games and Economic Behavior, Elsevier, vol. 54(1), pages 1-24, January. [Downloadable!] (restricted)
    Other versions:
  15. Tom Kompas & Tuong Nhu Che, 2003. "Efficiency Gains and Cost Reductions from Individual Transferable Quotas: A Stochastic Cost Frontier for," International and Development Economics Working Papers idec03-6, International and Development Economics. [Downloadable!]
  16. Fousekis, Panos, 2002. "Distance Vs. Ray Functions: An Application To The Inshore Fishery Of Greece," Marine Resource Economics, Marine Resources Foundation, vol. 17(4). [Downloadable!]
  17. Guyader, Olivier & Daures, Fabienne & Fifas, Spyros & Ifremer, 2004. "A Bioeconomic Analysis Of The Impact Of Decommissioning Programs: Application To A Limited-Entry French Scallop Fishery," Marine Resource Economics, Marine Resources Foundation, vol. 19(2). [Downloadable!]
  18. Horrace, William C., 2005. "On ranking and selection from independent truncated normal distributions," Journal of Econometrics, Elsevier, vol. 126(2), pages 335-354, June. [Downloadable!] (restricted)
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  19. Luis Orea & Subal C. Kumbhakar, 2004. "Efficiency measurement using a latent class stochastic frontier model," Empirical Economics, Springer, vol. 29(1), pages 169-183, January. [Downloadable!] (restricted)
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