The effects of regulations on efficiency of U.S. baitfish and sportfish producers

dc.contributor.authorvan Senten, Jonathanen
dc.contributor.authorEngle, Carole R.en
dc.contributor.authorDey, Madan M.en
dc.contributor.departmentVirginia Agricultural Experiment Stationen
dc.date.accessioned2018-07-12T13:38:52Zen
dc.date.available2018-07-12T13:38:52Zen
dc.date.issued2018-01-20en
dc.description.abstractThe stringency of the regulatory environment has been shown to negatively affect the growth of aquaculture. A technical efficiency analysis of baitfish/sportfish production in the United States was performed using a stochastic production frontier model and a jointly estimated maximum-likelihood procedure (Frontier 4.1). Determinants of inefficiency were assessed for their relationship to farm efficiency. Mean technical efficiency for U.S. baitfish and sportfish producers was found to be 77%. Several regulatory variables were found to be significant in explaining the variation in levels of efficiency, including the number of annual renewals of permits and licenses and the amount of manpower required to comply with regulations. Results support the hypothesis that the current regulatory environment in the United States has reduced efficiency and economic competitiveness of baitfish and sportfish producers.en
dc.description.notesfalse (Extension publication?)en
dc.description.versionPublished versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.doihttps://doi.org/10.1080/13657305.2018.1454539en
dc.identifier.orcidvan Senten, J [0000-0002-3513-7600]en
dc.identifier.urihttp://hdl.handle.net/10919/83933en
dc.language.isoenen
dc.relation.urihttps://www.tandfonline.com/doi/abs/10.1080/13657305.2018.1454539?journalCode=uaqm20en
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en
dc.titleThe effects of regulations on efficiency of U.S. baitfish and sportfish producersen
dc.title.serialAquaculture Economics and Managementen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.otherArticleen
pubs.organisational-group/Virginia Techen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciencesen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciences/Virginia Seafood ARECen

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