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A Stochastic Frontier Model to Determine Technical Efficiency of the Purse Seine Fishery in the Gulf of Cadiz (Spain)

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  • In this paper we analyse different econometric procedures of technical efficiency to estimate fishing capacity. These procedures are then applied to the purse seine fishery located in the Gulf of Cádiz. The target species of this fishery has changed quite a lot over the past few years. It used to be mackerel (Scomber spp.). Afterwards, it was anchovy (Engraulis encrasicholus) and, recently, sardine (Sardina pilchardus). The regulation of anchovy and sardine fisheries by European Union is only based on Total Allowable Catch for vessels which are longer than 10 metres. This management measure could be unsuitable in this fishery for two reasons. Firstly, most of the vessels measure less than 10 metres and, secondly, there is a small interrelation between vessel efficiency and length.
  • Keywords: purse seine fishing, Stochastic frontiers, Theoretical and Empirical Bio-Economic Modelling, panel data, Fisheries Economics, Fishing capacity, Gulf of Cadiz, management policies
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  • del Hoyo, Garcia J.J., M.D. Castilla-Espino, R. Gonzalez-Galan, R. Jimenez-Toribio, C. Cortes-Rodriguez. 2002. A Stochastic Frontier Model to Determine Technical Efficiency of the Purse Seine Fishery in the Gulf of Cadiz (Spain). Peer Review: No. In: Proceedings of the Eleventh Biennial Conference of the International Institute of Fisheries Economics and Trade, August 19-22, 2002, Wellington, New Zealand: Fisheries in the Global Economy. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2002. CD ROM.
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