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Trends in total factor productivity of five key Commonwealth managed fisheries

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  • Stephan, Mary

Abstract

The total factor productivity indexes of five key Commonwealth fisheries have been developed using the Fisher index and ABARES survey data. Where fish stock biomass information is available, these indexes are also adjusted for changes in fish stocks. In trend terms, productivity increased over the last decade in most Commonwealth fisheries analysed. These increases reflect a mix of government induced structural adjustments and management changes as well as autonomous adjustment responses to market conditions. Changes in productivity can provide information regarding the response of fishing fleets to policy settings and how changes in fish stocks, technology and fleet structure have influenced a fishery’s economic performance. These results are part of ongoing work to develop a suite of economic indicators to assess the economic performance of key Commonwealth fisheries.

Suggested Citation

  • Stephan, Mary, 2013. "Trends in total factor productivity of five key Commonwealth managed fisheries," 2013 Conference (57th), February 5-8, 2013, Sydney, Australia 152180, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare13:152180
    DOI: 10.22004/ag.econ.152180
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    File URL: https://ageconsearch.umn.edu/record/152180/files/CP%20Stephan.pdf
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    References listed on IDEAS

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    1. Sean Pascoe & Louisa Coglan & Andre E. Punt & Catherine M. Dichmont, 2012. "Impacts of Vessel Capacity Reduction Programmes on Efficiency in Fisheries: the Case of Australia’s Multispecies Northern Prawn Fishery," Journal of Agricultural Economics, Wiley Blackwell, vol. 63(2), pages 425-443, June.
    2. Kevin J. Fox & R. Quentin Grafton & Tom Kompas & Tuong Nhu Che, 2006. "Capacity reduction, quota trading and productivity: the case of a fishery ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(2), pages 189-206, June.
    3. Hughes, Neal & Lawson, Kenton & Davidson, Alistair & Jackson, Tom & Sheng, Yu, 2011. "Productivity pathways: climate-adjusted production frontiers for the Australian broadacre cropping industry," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100563, Australian Agricultural and Resource Economics Society.
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    Keywords

    Livestock Production/Industries; Production Economics; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies;
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