Management changes and vessel-level technical efficiency in the Eastern Tuna and Billfish Fishery: a stochastic frontier analysis

Changes in fishery management can influence vessels’ efficiency, thereby changing the fishery’s ability to achieve a catch target consistent with maximising net economic returns to the Australian community. The stochastic frontier method is used to analyse the vessel-­‐level technical efficiency achieved in the Eastern Tuna and Billfish Fishery over the period 2001–02 to 2010–11. A significant reduction in fleet size in this fishery following implementation of the Securing our Fishing Future structural adjustment package in 2006 is shown to have had a negligible effect on vessel-­‐level technical efficiency. Also, effort creep was avoided during the period of effort controls; 2008–09 to 2010–11. Tracking changes in technical efficiency over time can help managers of Commonwealth fisheries better achieve their objective of maximising net economic returns to the Australian community.


Issue Date:
2012-02
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/124349
Total Pages:
20




 Record created 2017-04-01, last modified 2017-08-26

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)