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Productive Efficiency of the Coastal Fishing Business : A Comparison of Data Envelopment Analysis and Stochastic Frontier Analysis  

Choi, Jong-Yeol (부산대학교 상과대학 경영학부)
Kim, Ki-Seog (부산대학교 상과대학 경영학부)
Kim, Do-Hoon (국립수산과학원 기술경영센터)
Publication Information
Journal of the Korean Operations Research and Management Science Society / v.35, no.3, 2010 , pp. 59-68 More about this Journal
Abstract
Improving productive efficiency is important for strengthening a competitiveness of coastal fisheries. This paper examines the productive efficiency of a sample of coastal gillnet fishing business units by estimating a stochastic frontier analysis (SFA) and a data envelopment analysis (DEA) approaches and compares those estimates obtained from two approaches. The estimated mean productive efficiency by SFA is 77.6% and the mean productive efficiencies obtained for the VRS and CRS DEA are 75.9% and 45.7%, respectively. The joint use of SFA and DEA for estimating efficiency is also discussed.
Keywords
Data Envelopment Analysis; Stochastic Frontier Analysis; Productive Efficiency; Coastal Fisheries; Gillnet Fishery;
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Times Cited By KSCI : 1  (Citation Analysis)
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