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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Bibliographic Details
Main Author: Vinuya, Ferdinand D.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4997
id okr-10986-4997
recordtype oai_dc
spelling 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection 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
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