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Technical and economic efficiency analysis of the Portuguese artisanal dredge fleet

Title
Technical and economic efficiency analysis of the Portuguese artisanal dredge fleet
Type
Article in International Scientific Journal
Year
2010
Authors
Manuela M. Oliveira
(Author)
FEUP
Miguel B. Gaspar
(Author)
FEUP
The person does not belong to the institution. The person does not belong to the institution. The person does not belong to the institution. Without AUTHENTICUS Without ORCID
Journal
Vol. 67 No. 8
Pages: 1811-1821
ISSN: 1054-3139
Indexing
Scientific classification
FOS: Engineering and technology > Materials engineering
CORDIS: Technological sciences > Engineering > Industrial engineering
Other information
Authenticus ID: P-003-1D6
Abstract (EN): An efficiency analysis of the commercial dredge fleet operating along the south coast of Portugal between 2005 and 2007 sought to determine the efficiency of the vessels using data envelopment analysis models, considering fixed inputs (vessel power, length, tonnage, and an indicator of stock biomass) and a variable input (number of days at sea). The annual quota per vessel was also included in the model as a contextual factor. In the technical-efficiency (TE) analysis, outputs were defined by the catch weight for each of the three target species (bivalves). Using price data for each species in the wholesale market, revenue efficiency was also estimated to complement the TE analysis. The advantage of the approach lies in the ability to separate technical aspects from allocative aspects in the efficiency assessment, allowing two-dimensional graphic representation of vessel performance. The procedure allows the identifi- cation of benchmark vessels, which maximized the catch weight of the species landed, given their inputs, as well as the vessels that selected the appropriate target species to maximize the revenue of the fishing activity, given output prices. The approach also allowed the specification of targets for inefficient vessels that correspond to the catch by species, permitting revenue maximization from fishing.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 11
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