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An Analysis of the Efficient Production Frontier in the Fishery: Implications for Enhanced Fisheries Management

Quinn Weninger ()

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: The transformation relationship between factor inputs and outputs-the efficient production frontier (EPF)-contains important information for fisheries managers. A directional technology distance function model of the harvesting technolgoy is used to measure changes in the EPF over time. Frontier shifts are summarized with input- and output-based frontier indicators that are interpreted as measures of bio-economic productivity change. The model is applied to the Mid-Atlantic surf clam and ocean quahog fishery.

Date: 2001-01-01
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Published in Applied Economics, January 2001, vol. 33, pp. 71-79

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