Journal of Productivity Analysis

, Volume 9, Issue 2, pp 145–160

Characterizing Managerial Skill and Technical Efficiency in a Fishery

  • James Kirkley
  • Dale Squires
  • Ivar E. Strand
Article

DOI: 10.1023/A:1018308617630

Cite this article as:
Kirkley, J., Squires, D. & Strand, I.E. Journal of Productivity Analysis (1998) 9: 145. doi:10.1023/A:1018308617630

Abstract

Researchers have long recognized that entrepreneurial or managerial skill is a major determinant of productivity or reason why production among firms varies. Yet, except for a few studies, differences in productivity and output levels are usually attributed to plant configuration or scale. More important, there appears to have been few attempts to relate technical efficiency to managerial skill. Utilizing a stochastic production frontier, we examine the relationship between technical efficiency and characteristics of skill such as experience and education in a fishery. Although we can not determine threshold or essential levels of experience and education, substitution possibilities are found to exist between years of experience and education levels. Additional analysis of efficiency for two captains of the same background and experience reveals that additional characteristics need to be considered in the examination of skipper skill or the “good-captain” hypothesis.

Technical efficiencymanagerial skilland fisheries

Copyright information

© Kluwer Academic Publishers 1998

Authors and Affiliations

  • James Kirkley
    • 1
  • Dale Squires
    • 2
  • Ivar E. Strand
    • 3
  1. 1.College of William and Mary, School of Marine ScienceVirginia Institute of Marine ScienceGloucester Point
  2. 2.National Marine Fisheries ServiceSouthwest Fisheries Science CenterLa Jolla
  3. 3.Department of Agricultural and Resource EconomicsUniversity of MarylandCollege Park