Capacity And Capacity Utilization In Fishing Industries

Authors

James E. Kirkley, Virginia Institute of Marine Science
Dale Squires

Files

Document Type

Book Chapter

Department/Program

Virginia Institute of Marine Science

Editors

S. Pascoe and D. Gréboval

Publication Date

2003

Book Title

Measuring Capacity in Fisheries

Publisher

FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS

City

Rome

Series

FAO FISHERIES TECHNICAL PAPER 445

Abstract

The definition and measurement of capacity in fishing and other natural resource industries possess unique problems because of the stock-flow production technology, in which inputs are applied to the natural resource stock to produce a flow of output. In addition, there are often multiple resource stocks, corresponding to different species, with a mobile stock of capital that can exploit one or more of these stocks. In turn, this leads to three unique issues: (1) multiple stocks of capital and the resource; (2) that of aggregation or how to define the industry and resource stocks to consider; and (3), that of latent capacity or how to include stocks of capital that are currently inactive or exploit the resource stock only at low levels of variable input utilization. This paper presents appropriate definitions of capacity and methods for measuring capacity in fishing industries taking into consideration these issues.

ISBN

92-5-104974-2

Recommended Citation

Kirkley, James E. and Squires, Dale, "Capacity And Capacity Utilization In Fishing Industries" (2003). VIMS Books and Book Chapters. 61.
https://scholarworks.wm.edu/vimsbooks/61