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.