Article2014

A REVIEW OF PRODUCTION FRONTIER RESEARCH IN AQUACULTURE (2001–2011)

Abdullahi Iliyasu · Zainal Abidin Mohamed · Mohd Mansor Ismail · Amin Mahir Abdullah · Salleh Mohamed Kamarudin · Hashim Mazuki

65 citations0/0 files storedAquaculture Economics & Management

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Efficiency Analysis Using DEA Agricultural economics and policies Fisheries and Aquaculture Studies

Abstract

Most research works on the production frontier in aquaculture focus on efficiency measurement using either Stochastic Production Frontier (SPF) or Data Envelopment Analysis (DEA). The studies on productivity growth in aquaculture were limited, perhaps due to lack of time-series data. Nevertheless, total factor productivity analysis (TFP) in fish farms has started gaining popularity in recent years. In addition, the majority of the efficiency studies have centered on technical efficiency analysis but substantial increases in the output levels can be fully realized through improving overall economic efficiency. Therefore, this review suggests that future research should estimate all three efficiency indices (i.e., technical, allocative and economic efficiencies).

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References

1978Measuring the efficiency of decision making units 1957The Measurement of Productive Efficiency 1977Formulation and estimation of stochastic frontier production function models 1962The Economic Implications of Learning by Doing 2005An Introduction to Efficiency and Productivity Analysis 1971The Economic Implications of Learning by Doing 1977Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error 1998An Introduction to Efficiency and Productivity Analysis

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