Abstract

The objective of this paper is to study, following a primal approach, the technical efficiency of a sample of boats which catch hake in Asturias. In this activity the catches of species different from hake are important. The multiproduct nature of this activity raises different modelling alternatives. In this paper we compare the results obtained in the estimation of an aggregate production function, a multiproduct production function, and a distance function. The three models are estimated using the within-groups estimator. After eliminating the influence of time invariant variables, the efficiency indexes are calculated in a second stage using the individual fixed effects. The empirical analysis uses a panel data set of eleven boats in 1999.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.