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Nhan đề: Open-access fishing rent and efficiency-the case ofgillnet vessels in Nha Trang, Vietnam
Tác giả: Duy, Nguyen Ngoc
Flaaten, Ola
Anh, Nguyen Thi Kim
Ngoc, Quach Thi Khanh
Từ khoá: Economic performance
Fishing rent
Fishing subsidies
Standardised effort
Vietnamese gillnet fishery
Năm xuất bản: Sep-2012
Tùng thư/Số báo cáo: Fisheries Research;Volumes 127 - 128, Page 98–108
Tóm tắt: This paper first discusses vessel behaviour and efficiency theoretically and then applies this knowledge to evaluate the economic performance of an open-access fishery. The case of the Nha Trang, Vietnam, gillnet fishery is surveyed with respect to the earnings, costs and technical characteristics and efficiency of 58 offshore vessels in 2008. On average, these vessels proved to be heterogeneous with a gross profit margin of 17.3% and a profit margin of 3.8% despite the open-access characteristics of this fishery. However, adding the calculated interest of 9% per annum on the owner's capital to the costs significantly worsens the economic results. Engine capacity (HP), gear size and days of fishing best reflect the fishing effort of vessels in the production function, and these were used to compute standardised effort and cost efficiency. An application of the Salter diagram shows that a large number of vessels with high relative standardised effort are the most cost-efficient, but not without exception. The majority of these vessels earned intra-marginal rent, while the smallest vessels are most dependent on the government's 2008 quasi-lump-sum fuel subsidy scheme.
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Appears in Collections:Economic development

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