A PROFIT FUNCTION ANALYSIS OF MULTISPECIES FISHERY IN MALAYSIA : IMPLICATIONS FOR MANAGEMENT

Production behaviour, input-output response and characteristics of gillnet technology have been investigated using the data from Peninsular Malaysia. Results showed that gillnet fishermen cannot maximize profit. Most of the product supplies are non-responsive to price changes. Input demands, however, are responsive to their price changes. Complementarity exits among the species caught. Variable inputs are also complementary to each other. Input-output relationships are separable and non-joint. The study provides empirical support that open-access to fishery results in over utilization of resources. Some form of regulations is warranted to restrict fishing effort. Regulation prohibiting catch of selected species seems to be quite appropriate and consistent as far as the gillnet technology is concerned.


Issue Date:
Dec 31 1991
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 0237-3539 (Other)
Record Identifier:
https://ageconsearch.umn.edu/record/207865
PURL Identifier:
http://purl.umn.edu/207865
Published in:
Bangladesh Journal of Agricultural Economics, Volume 14, Number 2
Page range:
51-72
Total Pages:
22
Series Statement:
XIV
2




 Record created 2017-04-01, last modified 2018-01-23

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