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Estimating Heterogeneous Primal Capacity and Capacity Utilization Measures in a Multi-Species Fishery AgEcon
Felthoven, Ronald G.; Horrace, William C.; Schnier, Kurt E..
We use a stochastic production frontier model to investigate the presence of heterogeneous production and its impact on fleet capacity and capacity utilization in a multi-species fishery. Furthermore, we propose a new fleet capacity estimate that incorporates complete information on the stochastic differences between each vessel-specific technical efficiency distribution. Results indicate that ignoring heterogeneity in production technologies within a multi-species fishery, as well as the complete distribution of a vessel’'s technical efficiency score, may yield erroneous fleet-wide production profiles and estimates of capacity.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21276
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AJAE Appendix: Dynamic Random Utility Modeling: A Monte Carlo Analysis AgEcon
Hicks, Robert L.; Schnier, Kurt E..
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 88, Number 4, November 2006.
Tipo: Journal Article
Ano: 2006 URL: http://purl.umn.edu/7397
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A Spatial Model of Dolphin Avoidance in the Eastern Tropical Pacific Ocean AgEcon
Hicks, Robert L.; Schnier, Kurt E..
This paper examines the impact of dolphin-safe eco-labeling and how it fundamentally altered the spatial distribution of fishing effort and fishermen's willingness to pay to avoid dolphins. To do this, a dynamic discrete choice econometric model is applied to the Eastern Tropical Pacific tuna fishery. This econometric approach combines a dynamic programming component with the static discrete site choice model. This estimator couples the current period projected profits associated with fishing a specific site with the value of all future location choices on the cruise, assuming choices are made optimally. The key feature of this model is that it recovers behavioral parameters and solves the dynamic programming problem recursively. The dynamic site...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/21290
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Protecting Marine Biodiversity: A Comparison of Individual Habitat Quotas (IHQs) and Marine Protected Areas AgEcon
Holland, Daniel S.; Schnier, Kurt E..
Fisheries managers in the United States are required to identify and mitigate the adverse impacts of fishing activity on essential fish habitat (EFH). There are additional concerns that the viability of noncommercial species, animals that are habitat dependent and/or are themselves constituents of fishery habitat may still be threatened. We consider a cap-and-trade system for habitat conservation, individual habitat quotas for fisheries, to achieve habitat conservation and species protection goals cost effectively. Individual quotas of habitat impact units (HIUs) would be distributed to fishers with an aggregate quota set to maintain a target habitat “stock” of EFH conservation. Using a dynamic, spatially explicit fishery simulation model we explore the...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/12140
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