Management changes and vessel-level technical efficiency in the Eastern Tuna and Billfish Fishery: a stochastic frontier analysis

Robert New

No 124349, 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia from Australian Agricultural and Resource Economics Society

Abstract: Changes in fishery management can influence vessels’ efficiency, thereby changing the fishery’s ability to achieve a catch target consistent with maximising net economic returns to the Australian community. The stochastic frontier method is used to analyse the vessel-­‐level technical efficiency achieved in the Eastern Tuna and Billfish Fishery over the period 2001–02 to 2010–11. A significant reduction in fleet size in this fishery following implementation of the Securing our Fishing Future structural adjustment package in 2006 is shown to have had a negligible effect on vessel-­‐level technical efficiency. Also, effort creep was avoided during the period of effort controls; 2008–09 to 2010–11. Tracking changes in technical efficiency over time can help managers of Commonwealth fisheries better achieve their objective of maximising net economic returns to the Australian community.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 20
Date: 2012-02
New Economics Papers: this item is included in nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/124349/files/2012AC%20New%20CP.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aare12:124349

DOI: 10.22004/ag.econ.124349

Access Statistics for this paper

More papers in 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().