Implications of differences in technical efficiency of fishing boats for capacity measurement and reduction

Sean Pascoe and Louisa Coglan

Marine Policy, 2000, vol. 24, issue 4, 301-307

Abstract: Capacity measurement and reduction is a major international issue to emerge in the new millennium. However, there has been limited assessment of the success of capacity reduction schemes (CRS). In this paper, the success of a CRS is assessed for a European fishery characterised by differences in efficiency levels of individual boats. In such a fishery, given it is assumed that the least efficient producers are the first to exit through a CRS, the reduction in harvesting capacity is less than the nominal reduction in physical fleet capacity. Further, there is potential for harvesting capacity to increase if remaining vessels improve their efficiency.

Keywords: Decommissioning; Multi-Annual; Guidance; Programme; Technical; efficiency; Capacity; reduction (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:24:y:2000:i:4:p:301-307

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