This paper uses the propensity-score matching method to examine the effects of a government subsidy program on the profitability of fisheries. The approach analyzes the effects at the individual vessel level through representative surveys of costs and earnings data. Bioeconomic theory and a vessel economics framework for an open-access fishery...
This study proposes three methods for technical efficiency (TE) estimation using three different fish stock proxy measures while applying the stochastic production frontier (SPF) approach. We apply these methods to two Vietnamese offshore fisheries, gillnet and hand-line, for which measures of stock abundance are unavailable. Based on the assumption of...