Parametric and Semiparametric Efficiency Frontiers in Fishery Analysis: Overview and Case Study on the Falkland Islands

Mainardi, Stefano

doi:10.1007/s10640-021-00557-x

Cited by 2 publications

(1 citation statement)

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“…1 For example Schnier & Felthoven (2013), using the vessel exit model of Tsionas & Papadogonas (2006) study the impact of IFQs and exit decisions due to the implementation of IFQs in the Bering Sea and Aleutian Island fisheries in Alaska while Mainardi (2019) (who also develops a selection model to pair with 1 Solís, provide an overview of empirical studies examining capacity in fisheries. a stochastic frontier framework) studies IFQ impacts in the Falkland/Malvinas Islands (see also Mainardi 2021). Reimer, Abbott & Haynie (2017) provide a detailed discussion of the policy implications of studying IFQs in a pre-post setting.…”

Section: Introductionmentioning

confidence: 99%

Overcapacity in Gulf of Mexico reef fish IFQ fisheries: 12 years after the adoption of IFQs

Agar

Horrace

Parmeter

2022

Environ Resource Econ

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We study the impacts of individual fishing quota programs on overcapacity and the technical efficiency of the Gulf of Mexico red snapper and grouper-tilefish fisheries. We deploy generalized panel data stochastic frontier methods, which allow us to decompose time invariant heterogeneity into both vessel specific heterogeneity and persistent inefficiency. This type of decomposition has recently seen interest in a variety of applied production settings but marks the first use in fishery studies. Our main findings show that roughly 20% of red snapper fleet size could have harvested the entire red snapper quota and that the time-varying technical efficiency of the red snapper fleet grew by 6% post-IFQ. We also find that 57% of the Gulf reef fish IFQ fishery (red snapper combined with grouper-tilefish), had it operated at full efficiency, could have harvested the quota in the early stages of the IFQ program (2011)(2012)(2013)(2014)(2015)(2016), and that the time-varying technical efficiency of the fleet rose by 5% post-IFQ.

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