Arbeitspapier

Technical Efficiency of the Danish Trawl fleet: Are the Industrial Vessels Better than Others?

Technical efficiency in the Danish trawl fishery in the North Sea is estimated for 1997 and 1998 by a stochastic production frontier model. This model allows noise when the frontier and the technical efficiency is found, which for fisheries is a reasonable assumption. The results show that the production frontier can be modelled by a translog function without time effects and a technical ineffi-ciency function. The type of fishery (industrial or consumption), size of vessel (greater or lesser than 60 GRT) and year give a good explanation for the ineffi-ciency in the fleet. The average technical efficiency is estimated to be 0.82. On average, industrial vessels have a higher technical efficiency than human con-sumption vessels, and smaller vessels have higher technical efficiency than lar-ger vessels. In sum, the analysis reveals that vessel larger than 60 GRT and fishing industrial species are the most efficient.

Language
Englisch

Bibliographic citation
Series: IME Working Paper ; No. 32

Classification
Wirtschaft
Subject
Technical efficiency
stochastic production frontier
Danish trawl fishery
Technische Effizienz
Fischereiflotte
Dänemark

Event
Geistige Schöpfung
(who)
Vestergaard, Niels
Squires, Dale
Jensen, Frank
Andersen, Jesper L.
Event
Veröffentlichung
(who)
University of Southern Denmark, Department of Environmental and Business Economics (IME)
(where)
Esbjerg
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Vestergaard, Niels
  • Squires, Dale
  • Jensen, Frank
  • Andersen, Jesper L.
  • University of Southern Denmark, Department of Environmental and Business Economics (IME)

Time of origin

  • 2002

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