Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Assessing the efficiency of the Italian aquaculture firms

Assessing the efficiency of the Italian aquaculture firms AbstractThe study investigates the efficiency of a sample of Italian aquaculture firms according to their legal status, size, and location. An efficiency analysis was conducted for a sample of 160 units using an output-oriented Data Envelopment Analysis. The average value of the efficiency scores reveals that it should be possible to significantly increase firm performance. The most inefficient farms are cooperatives, southern farms, and the smallest farms. The weight of efficient units is as follows: 34% of the cooperatives and 26% of the limited liability companies; 26% of units located in Northern-Central regions and 34% of those placed in Southern areas; 47% of the big and 23% of the small firms. Among subgroups of units, the only significant difference in the average efficiency score is related to the firm size. The sensitivity of the results to methodological choices reveals that the variable return to scale hypothesis fits the data better than the constant returns to scale and that bootstrapping while changing the value of the scores does not change findings in terms of size, location, and legal status. Actions which remove obstacles and increase firm size are the most obvious ways to improve the efficiency and competitiveness of the sector. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Aquaculture Economics & Management Taylor & Francis

Assessing the efficiency of the Italian aquaculture firms

Download PDF

Assessing the efficiency of the Italian aquaculture firms

Abstract

AbstractThe study investigates the efficiency of a sample of Italian aquaculture firms according to their legal status, size, and location. An efficiency analysis was conducted for a sample of 160 units using an output-oriented Data Envelopment Analysis. The average value of the efficiency scores reveals that it should be possible to significantly increase firm performance. The most inefficient farms are cooperatives, southern farms, and the smallest farms. The weight of efficient units is as...
Loading next page...
 
/lp/taylor-francis/assessing-the-efficiency-of-the-italian-aquaculture-firms-igJ0wvR0M6
Publisher
Taylor & Francis
Copyright
© 2019 Taylor & Francis Group, LLC
ISSN
1551-8663
eISSN
1365-7305
DOI
10.1080/13657305.2019.1641569
Publisher site
See Article on Publisher Site

Abstract

AbstractThe study investigates the efficiency of a sample of Italian aquaculture firms according to their legal status, size, and location. An efficiency analysis was conducted for a sample of 160 units using an output-oriented Data Envelopment Analysis. The average value of the efficiency scores reveals that it should be possible to significantly increase firm performance. The most inefficient farms are cooperatives, southern farms, and the smallest farms. The weight of efficient units is as follows: 34% of the cooperatives and 26% of the limited liability companies; 26% of units located in Northern-Central regions and 34% of those placed in Southern areas; 47% of the big and 23% of the small firms. Among subgroups of units, the only significant difference in the average efficiency score is related to the firm size. The sensitivity of the results to methodological choices reveals that the variable return to scale hypothesis fits the data better than the constant returns to scale and that bootstrapping while changing the value of the scores does not change findings in terms of size, location, and legal status. Actions which remove obstacles and increase firm size are the most obvious ways to improve the efficiency and competitiveness of the sector.

Journal

Aquaculture Economics & Management – Taylor & Francis

Published: Oct 2, 2019

Keywords: Aquaculture firms; efficiency performance; data envelopment analysis; Italy; cooperatives; limited liability companies

References

  • Measuring technical, allocative and cost efficiency of pangas (Pangasius hypophthalmus: Sauvage 1878) fish farmers of Bangladesh
  • Technical efficiency in tilapia farming of Bangladesh: A stochastic frontier production approach
  • Resource allocation efficiency of the prawn-carp farmers of Bangladesh
  • A technical efficiency analysis of Hawaii's aquaculture industry
  • The behavior of operating earnings in the Norwegian salmon farming industry
  • Profitability in Norwegian salmon farming: The impact of firm size and price variability
  • Some models for estimating technical and scale inefficiencies in data envelopment analysis
  • Progress towards sustainable mussel aquaculture in Mar Piccolo
  • Land subsidence, production efficiency, and the decision of aquacultural firms in Taiwan to discontinue production
  • Measuring the efficiency of decision making units
  • Evaluating program and managerial efficiency: An application of Data Envelop Analysis to program follow through
  • The cost efficiency of trout farms in the Black Sea region
  • Economic comparison between offshore and in-shore aquaculture production systems of European sea bass in Italy
  • Evaluation of research in efficiency and productivity: A survey and analysis of the first 30 years of scholarly literature in DEA
  • The measurement of productivity efficiency
  • Assessing the efficiency of aquaculture cooperatives. A country case study
  • Economics and factors affecting rainbow trout (Oncorhynchus mykiss) production in Kashmir
  • Stochastic bio-economic optimization of pond size for intensive commercial production of whiteleg shrimp Litopenaeus vannamei
  • Estimating the economic performance of the EU aquaculture sector
  • Aquaculture subsidies in the European Union: Evolution, impact and future potential for growth
  • Technical efficiency in the fresh fruit and vegetable sector: A comparison study of Italian and Spanish firms
  • Evaluating contextual factors affecting the technical efficiency of freshwater pond culture systems in Peninsular Malaysia: A two-stage DEA approach
  • A review of production frontier research in aquaculture (2001–2011)
  • Productivity growth, technical change and efficiency change of the Malaysian cage fish farming: An application of Malmquist Productivity Index approach
  • Comparative analysis of technical efficiency for different production culture systems and species of freshwater aquaculture in Peninsular Malaysia
  • Profitability and financial sustainability analysis in Italian aquaculture firms by application of economic and financial margins
  • Risk factors affecting the profitability of the Mediterranean Mussel (Mytilus galloprovincialis Lamarck 1819) farming in Greece
  • Fish to 2030: The role and opportunity for aquaculture
  • The fisheries sector in Italy in the face of international competition and internal structural problems
  • Assessing Hawaii’s aquaculture farm and industry performance
  • Technical inefficiency of Vietnamese pangasius farming: A data envelopment analysis
  • Efficiency analysis and the effect of pollution on shrimp farms in the Mekong River Delta
  • Green and technical efficient growth in Danish fresh water aquaculture
  • Restructuring European freshwater aquaculture from family‐owned to large‐scale firms – lessons from Danish aquaculture
  • Comparative analysis of technical efficiency of catfish farms using different technologies in Lagos State, Nigeria: A Data Envelopment Analysis (DEA) approach
  • State of the art of Italian aquaculture
  • Efficiency analysis of pond fish culture system in Negeri
  • Aquaculture in Sicily: The state of the art
  • A review of production frontier analysis for aquaculture management
  • Sensitivity analysis of efficiency scores: How to bootstrap in nonparametric frontier models
  • A general gethodology for bootstrapping in non-parametric frontier models
  • Farm specific economic efficiency of fish production in South Tripura district: A stochastic frontier approach
  • Profitability and technical efficiency of aquaculture in Punjab, India
  • Technical efficiency measurement of mussel aquaculture in Greece
  • Analyzing the variations in cost-efficiency of marine cage lobster aquaculture in Vietnam: A two-stage bootstrap DEA approach
  • Market success and factors of success of cooperatives and investor-owned firms: An interfirm comparison of German dairies on the basis of key performance indicators
  • Economic efficiency of small-scale tilapia farms in Guangxi, China
  • Worker cooperatives versus investor-owned firms. Comparative analysis of financial strength and performance in the Basque country