Exploring Optimum Economic Efficiency of Fishing: Shall We Move from the Tradition in the Post-Tsunami Fishery? Public Deposited

http://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/k930c216q

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  • An empirically-estimated production function for a Japanese off-shore longline fishing vessel for swordfish fishery is integrated with a demand model and operating costs. This integrated model is used to explore optimal fishing efforts, a combination of days for (a) searching fishing grounds and (b) actual longline fishing operations.  The results demonstrate explicit differences between the optimizing combination of two fishing efforts to maximize economic efficiency and fishing efforts resulted from a traditional revenue share scheme under limited- open access situation. Our result suggests that this group of vessels operates close to the open access equilibrium which is not optimal for the economic maximization, and encourage them to move new revenue share scheme to induce optimal fishing efforts to rationalize their operation. 
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  • 097634324X

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