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Economic And Physical Measures of Efficiency: the Case of the Gulf of Mexico Grouper Fishery

Author

Listed:
  • Diop, Hamady
  • Keithly, Walter R., Jr.
  • Kazmierczak, Richard F., Jr.
  • Diagne, Assane

Abstract

Results indicate that both long- and vertical liners experience random shocks as well as inefficiency. The longliners vessel efficiency is increasing over time and crew size and effort are positively correlated with efficiency. The vertical liners efficiencies are also positively associated with crew size as the vessels become specialized in grouper targeting.

Suggested Citation

  • Diop, Hamady & Keithly, Walter R., Jr. & Kazmierczak, Richard F., 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.
  • Handle: RePEc:ags:saeasm:34915
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    File URL: http://purl.umn.edu/34915
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    References listed on IDEAS

    as
    1. John B. Walden & James E. Kirkley & Andrew W. Kitts, 2003. "A Limited Economic Assessment of the Northeast Groundfish Fishery Buyout Program," Land Economics, University of Wisconsin Press, vol. 79(3), pages 426-439.
    2. Sean Pascoe & Louisa Coglan, 2002. "The Contribution of Unmeasurable Inputs to Fisheries Production: An Analysis of Technical Efficiency of Fishing Vessels in the English Channel," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(3), pages 585-597.
    3. Battese, George E. & Coelli, Tim J., 1988. "Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data," Journal of Econometrics, Elsevier, vol. 38(3), pages 387-399, July.
    4. Harris, Richard I D, 1991. "Measuring Efficiency in Northern Ireland Manufacturing Using a Frontier Production Function Approach," Scottish Journal of Political Economy, Scottish Economic Society, vol. 38(4), pages 386-397, November.
    5. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
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