Technical efficiency of sea bass and sea bream farming in the Mediterranean Sea by European firms: A stochastic production frontier (SPF) approach

被引:14
作者
Fernandez Sanchez, Jose Luis [1 ]
Llorente Garcia, Ignacio [1 ]
Luna, Manuel [1 ]
机构
[1] Univ Cantabria, Dept Business Adm, Fac Econ & Business Adm, Santander 39005, Spain
基金
欧盟地平线“2020”;
关键词
Aquaculture; efficiency; production; sea bass; stochastic frontier; DATA ENVELOPMENT ANALYSIS; SEABREAM PRODUCTION; COST EFFICIENCY; AQUACULTURE; DETERMINANTS; INEFFICIENCY; FARMERS; CULTURE; SYSTEMS; GROWTH;
D O I
10.1080/13657305.2020.1840660
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
In recent years, European producers of cultured sea bass and sea bream have experienced a highly competitive market with low prices that have caused profitability challenges. An important factor of economic competitiveness for firms is to produce efficiently. In this paper, technical efficiency of European producers of cultured sea bass and sea bream is evaluated for the period 2008-2017 using the stochastic production frontier (SPF) approach. In addition, the effect of a set of specific-firm factors on firms' efficiency is investigated. The majority of firms in the sample were found to have a technical efficiency over 90% with Cypriot and Greek firms being, on average, the most efficient. We also found evidence that the technical efficiency of these firms is positively related to their size. Moreover, the high degree of average efficiency means that further production growth requires innovations that move up the production frontier.
引用
收藏
页码:526 / 539
页数:14
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