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Production Structure and Capacity Utilisation in Multi Product Industries: An Application to the Basque Trawl Industry Public Deposited

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  • To empirically study production structure and the capacity level at which vessels are harvesting, a short-run translog cost function is estimated. From the estimated parameters, two capacity utilisation measures are calculated (returns to scale and a dual capacity utilisation measure). Empirical results show that there is no excess capacity in the Basque trawlers fleet. The current regulations therefore seem to be consistent with optimal capacity utilisation.
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  • Lazkano, Itziar. 2006. Production Structure and Capacity Utilisation in Multi Product Industries: An Application to the Basque Trawl Industry. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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  • The National Oceanic & Atmospheric Administration Marine Fisheries Service, United States Department of Commerce (NOAA Fisheries); United Kingdom Department for Environment, Food and Rural Affairs (DEFRA); The United States Agency for International Development supported Aquaculture Collaborative Research and Support Program (ACRSP).
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