Vessel-level productivity in Commonwealth fisheries
AbstractThe total factor productivity of the Commonwealth Trawl Sector of the Southern and Eastern Scalefish and Shark Fishery is estimated for the period 1996–97 to 2008–09 using vessel-level data and a traditional approach that captures the production decisions of fishers. The paper develops a replicable methodology and calculates benchmark productivity estimates by which future estimates for other Commonwealth fisheries can be evaluated. Productivity estimates presented in this paper are based on vessel-level financial and catch data collected by ABARES in its annual survey of the fishery and the application of the Fisher index method. The analysis of trends in productivity offers important new information to decision-makers. Changes in the way in which fishers organise the transformation of inputs into outputs have a direct impact on firm-level economic performance. Changes in productivity at the vessel level illustrate the response of the fleet to policy settings in the fishery and, more broadly, to environmental factors. This is of particular value for fishery managers when they consider policy instruments—such as fish stocks, technology and fleet structure—that might affect the drivers of productivity growth in fisheries.
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Bibliographic InfoPaper provided by Australian Agricultural and Resource Economics Society in its series 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia with number 100694.
Date of creation: 2011
Date of revision:
Contact details of provider:
Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
Phone: 0409 032 338
Web page: http://www.aares.info/
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This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-03-05 (Agricultural Economics)
- NEP-ALL-2011-03-05 (All new papers)
- NEP-EFF-2011-03-05 (Efficiency & Productivity)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- O'Donnell, Christopher J., 2009. "Measuring And Decomposing Agricultural Productivity And Profitability Change," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47625, Australian Agricultural and Resource Economics Society.
- C.J. O'Donnell, 2008. "An aggregate quantity-price framework for measuring and Decomposing productivity and profitability change," CEPA Working Papers Series WP072008, School of Economics, University of Queensland, Australia.
- Sheng, Yu & Gray, Emily M. & Mullen, John D., 2011. "Public investment in R&D and extension and productivity in Australian broadacre agriculture," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100712, Australian Agricultural and Resource Economics Society.
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