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Kompas, Tom; Che, Tuong Nhu. |
In this paper efficiency gains and associated cost reductions from increases in traded quota are estimated with a stochastic cost frontier for the Australian South East Trawl Fishery (SETF). Estimation of this frontier also provides key information on the relative importance of input costs in the SETF, returns to scale, variations in costs as a result of trade in quota and the economic performance of each fishing vessel, year to year. Final estimations indicate that increases in the volume of quota traded have resulted in considerable efficiency gains and cost reductions in the SETF, ranging from 1.8 to 3.5 cents per kilogram for surveyed vessels for every one per cent increase in the volume of quota traded, or 1 to 2.4 per cent of total variable costs,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Individual transferable quotas; Stochastic cost frontier; Fishery efficiency; International Relations/Trade; Q22; Q28. |
Ano: 2003 |
URL: http://purl.umn.edu/57907 |
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Revoredo-Giha, Cesar; Leat, Philip M.K.; Milne, Catherine E.. |
One of the aims of the reform of the Common Agricultural Policy (CAP) is to increase the competitiveness of farmers through increasing their exposure to markets. An aspect of competitiveness is the gains in economic efficiency. Thus, the purpose of this paper is to estimate indicators of farm efficiency for the period 1989 to 2008 by farm type and to analyse what the effect on efficiency of changes in the CAP has been. In terms of the methodology, the information used comes from the Scottish Farm Account Scheme (FAS) survey, which allows us to assemble panel dataset and to construct cost efficiency indicators. The results indicate while mixed farms and lowland farms have maintain their levels of efficiency. LFA farms have seen their efficiency reduced... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm efficiency; Stochastic cost frontier; Scottish agriculture; Farm Management. |
Ano: 2010 |
URL: http://purl.umn.edu/109398 |
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