Publisher : Korea Institute of Ocean Science & Technology
DOI : 10.4217/OPR.2008.30.4.445
Title & Authors
An Analysis of Technical Efficiency for Managing Off-Shore Fishery in Korea Choi, Jong-Du;
This paper examines measures of technical efficiency in off-shore fishery based on a frontier production function model of the Cobb-Douglas type. Technical efficiency ranges between 57.13 and 98.62 percent. The results suggest that the highest TE in the industry is the trawl. Also, this analysis shows that Busan`s Danish seine fishery has a maximum TE. Angling in Gangwon has a minimum TE. Empirical measures of technical efficiency in this study can be useful in analyzing the potential effects of policies designed to deal with the current fishery industry.