An analysis of the efficient production frontier in the fishery: implications for enhanced fisheries management
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 technology is used to measure changes in the EPF over time. Frontier...
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| Format: | Article in Journal/Newspaper |
| Language: | unknown |
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| Online Access: | http://www.tandfonline.com/doi/abs/10.1080/00036840122937 |
| Summary: | 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 technology 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 bioeconomic productivity change. The model is applied to the Mid-Atlantic surf clam and ocean quahog fishery. |
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