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Full-Text Articles in Agricultural and Resource Economics

Are Small-Scale Fishers In Oman Technically Efficient? The Case Of Al-Batinah Coastal Fisheries, Jaynab Begum Yousuf, Shekar Bose, Msafiri Daudi Mbaga Apr 2021

Are Small-Scale Fishers In Oman Technically Efficient? The Case Of Al-Batinah Coastal Fisheries, Jaynab Begum Yousuf, Shekar Bose, Msafiri Daudi Mbaga

Journal of Ocean and Coastal Economics

This paper examines technical efficiency and the potential factors affecting it in small-scale harvesting operations involving five key commercial demersal species of Al Batinah coastal fisheries, Oman. A stochastic production frontier (SPF) approach was applied to a pooled data covering the period 2010-2016. There is strong evidence of a considerable extent of technical inefficiency and overutilization of fishing effort (fishing hours). The results from the technical inefficiency model suggested that geographical location and interannual fluctuation of stock were significantly affecting fishers’ efficiency. Finally, the empirical results are discussed along with policy implications and the suitability of the Stochastic Production Frontier …


Eelgrass Restoration In San Francisco Bay: An Interdisciplinary Stated Preference Classroom Experiment, Camille M. Antinori Apr 2021

Eelgrass Restoration In San Francisco Bay: An Interdisciplinary Stated Preference Classroom Experiment, Camille M. Antinori

Journal of Ocean and Coastal Economics

This paper aims to integrate experiential, interdisciplinary approaches into environmental economics courses through a stated preference analysis for eelgrass beds harboring aquatic plants foundational to many estuaries and coastal zones. It argues that such approaches are necessary in undergraduate education to support real-world needs in oceans and climate policy. Through collaboration with ecologists and peers, students developed willingness-to-pay measures of $35 and $42 for a 10-year restoration program for 200 acres of eelgrass (Zostera marina) in the San Francisco Bay based on open- and closed-ended elicitation formats. The experiment provides an example of overcoming the challenge of orienting …