Technical Efficiency of Shrimp Fishery in South Carolina, USA
The increased inflow of imported shrimp into the US has lowered shrimp prices in the marketplace and with it, ex-vessel prices received by shrimp fishermen. Proposed remedies are aimed at strategies to increase the prices received by domestic producers. This study looks into issues related to the pr...
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okr-10986-49972021-04-23T14:02:20Z Technical Efficiency of Shrimp Fishery in South Carolina, USA Vinuya, Ferdinand D. Production Cost Capital, Total Factor, and Multifactor Productivity Capacity D240 Renewable Resources and Conservation: Fishery Aquaculture Q220 The increased inflow of imported shrimp into the US has lowered shrimp prices in the marketplace and with it, ex-vessel prices received by shrimp fishermen. Proposed remedies are aimed at strategies to increase the prices received by domestic producers. This study looks into issues related to the production side by estimating the technical efficiency of South Carolina shrimp boat operators. Estimates using a stochastic production frontier method show that average efficiency is 46%. This finding has strong implications on the long-term survival and viability of the local shrimp industry as it continues to face competition from low-priced imports. 2012-03-30T07:30:46Z 2012-03-30T07:30:46Z 2010 Journal Article Applied Economics Letters 13504851 http://hdl.handle.net/10986/4997 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article United States |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
language |
EN |
topic |
Production Cost Capital, Total Factor, and Multifactor Productivity Capacity D240 Renewable Resources and Conservation: Fishery Aquaculture Q220 |
spellingShingle |
Production Cost Capital, Total Factor, and Multifactor Productivity Capacity D240 Renewable Resources and Conservation: Fishery Aquaculture Q220 Vinuya, Ferdinand D. Technical Efficiency of Shrimp Fishery in South Carolina, USA |
geographic_facet |
United States |
relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
description |
The increased inflow of imported shrimp into the US has lowered shrimp prices in the marketplace and with it, ex-vessel prices received by shrimp fishermen. Proposed remedies are aimed at strategies to increase the prices received by domestic producers. This study looks into issues related to the production side by estimating the technical efficiency of South Carolina shrimp boat operators. Estimates using a stochastic production frontier method show that average efficiency is 46%. This finding has strong implications on the long-term survival and viability of the local shrimp industry as it continues to face competition from low-priced imports. |
format |
Journal Article |
author |
Vinuya, Ferdinand D. |
author_facet |
Vinuya, Ferdinand D. |
author_sort |
Vinuya, Ferdinand D. |
title |
Technical Efficiency of Shrimp Fishery in South Carolina, USA |
title_short |
Technical Efficiency of Shrimp Fishery in South Carolina, USA |
title_full |
Technical Efficiency of Shrimp Fishery in South Carolina, USA |
title_fullStr |
Technical Efficiency of Shrimp Fishery in South Carolina, USA |
title_full_unstemmed |
Technical Efficiency of Shrimp Fishery in South Carolina, USA |
title_sort |
technical efficiency of shrimp fishery in south carolina, usa |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4997 |
_version_ |
1764393539048833024 |