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Assessing the efficiency of aquaculture cooperatives. A country case study

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  • Maria Bonaventura Forleo
  • Luca Romagnoli
  • Nadia Palmieri
  • Angela Di Nocera

Abstract

The aquaculture sector contributes to global food supply and provides an important source of animal protein. Even though the Italian sector has a great potential, from 2008 to 2014 the total volume decreased by 8%. Efficiency improvements may be one factor able to foster the development of the sector. The study aims to estimate the efficiency of the Italian aquaculture cooperatives that represent an important segment of the sector, and to assess differences in efficiency scores according to farms size and location. Descriptive statistics for the population of Italian cooperatives were showed based on budget data. An output oriented Data Envelopment Analysis was carried out for a sample of cooperatives. Results showed a great variability among firms in terms of budget and efficiency indicators. Around 40% of firms registered an efficient value under the variable return to scale hypothesis, and about 21% under the constant return to scale hypothesis. Study findings showed that there is an ample room for improving firms? efficiency. Size is more important than location in relation to the performance of cooperatives. Cooperatives of smaller size and units located in the Italian Northern regions showed a greater inefficiency.

Suggested Citation

  • Maria Bonaventura Forleo & Luca Romagnoli & Nadia Palmieri & Angela Di Nocera, 2018. "Assessing the efficiency of aquaculture cooperatives. A country case study," Economia agro-alimentare, FrancoAngeli Editore, vol. 20(2), pages 205-220.
    • Handle: RePEc:fan:ecaqec:v:html10.3280/ecag2018-002006
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    References listed on IDEAS

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    1. Isidoro GUZMÁN & Narciso ARCAS, 2008. "The Usefulness Of Accounting Information In The Measurement Of Technical Efficiency In Agricultural Cooperatives," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 79(1), pages 107-131, March.
    2. Idda, Lorenzo & Madau, Fabio A. & Pulina, Pietro, 2009. "Capacity and economic efficiency in small-scale fisheries: Evidence from the Mediterranean Sea," Marine Policy, Elsevier, vol. 33(5), pages 860-867, September.
    3. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    4. Chang, Hung-Hao & Boisvert, Richard N. & Hung, Ling-Yi, 2010. "Land subsidence, production efficiency, and the decision of aquacultural firms in Taiwan to discontinue production," Ecological Economics, Elsevier, vol. 69(12), pages 2448-2456, October.
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    Cited by:

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    2. Maria B. Forleo & Nadia Palmieri, 2023. "Environmental Attributes of Wild versus Farmed Tuna: Beliefs, Knowledge and Purchasing Choices of Italian Consumers of Canned Tuna," Sustainability, MDPI, vol. 15(9), pages 1-21, April.
    3. Zelený, Jiří & Plzáková, Lucie & Hán, Jan & Kašpar, Jan, 2020. "“Pale Lager and Double Carp Fries, Please”. The McDonaldization of the Culinary Culture in the Czech Republic," Economia agro-alimentare / Food Economy, Italian Society of Agri-food Economics/Società Italiana di Economia Agro-Alimentare (SIEA), vol. 22(1), April.
    4. Jir? Zelen? & Lucie Plz?kov? & Jan H?n & Jan Ka?par, 2020. ""Pale Lager and Double Carp Fries, Please". The McDonaldization of the Culinary Culture in the Czech Republic," Economia agro-alimentare, FrancoAngeli Editore, vol. 22(1), pages 1-26.

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    More about this item

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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