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:	Production Cost Capital, Total Factor, and Multifactor Productivity Capacity D240 Renewable Resources and Conservation: Fishery Aquaculture Q220
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
_version_	1764393539048833024

Technical Efficiency of Shrimp Fishery in South Carolina, USA

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