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Full-Text Articles in Aquaculture and Fisheries
Deterministic And Stochastic Capacity Estimation For Fishery Capacity Reduction, James Kirkley, Catherine Morrison Paul, Dales Squires
Deterministic And Stochastic Capacity Estimation For Fishery Capacity Reduction, James Kirkley, Catherine Morrison Paul, Dales Squires
VIMS Articles
Deterministic data envelopment analysis (DEA) and stochastic pro- duction frontier (SPF) models are alternative methods for estimating capacity in fisheries. Fishery managers should be aware of likely differences in the capacity estimates obtained from these approaches if such estimates are to be used to support capacity reduction programs. In this paper, we provide a comparative analysis of DEA and SPF capacity estimates for a variety of possible capacity concepts using a panel data set for 10 vessels in the U.S. Northwest Atlantic scallop fishery. We find that DEA capacity output measures are higher than cor- responding SPF measures, but that …