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• 11. [Article] Estimating Heterogeneous Primal Capacity and Capacity Utilization Measures in a Multi-Species Fishery

  Research Paper

  Citation × Citation Citation Abstract Copy Title: Estimating Heterogeneous Primal Capacity and Capacity Utilization Measures in a Multi-Species Fishery Author: Felthoven, Ronald, Schnier, Kurt Research Paper Title: Estimating Heterogeneous Primal Capacity and Capacity Utilization Measures in a Multi-Species Fishery Author: Felthoven, Ronald, Schnier, Kurt Research Paper Close

• 12. [Article] Capacity, Excess Capacity, and Fisheries Management

  Excess capacity results because fishermen do not have an incentive to conserve fish in-the-sea causing them to overinvest in the capital used to harvest fish as well as other production or factor inputs. ...

  Citation × Citation Citation Abstract Copy Title: Capacity, Excess Capacity, and Fisheries Management Author: Ward, John Year: 2001 Excess capacity results because fishermen do not have an incentive to conserve fish in-the-sea causing them to overinvest in the capital used to harvest fish as well as other production or factor inputs. Excess 1 capacity like overcapitalization and overfishing is a symptom of our regulated, open access fishery management system. Because capacity has been an ill-defined term in the fisheries literature, it has been poorly understood by fisheries managers. Excess capacity exists in a fishery when the yield from the fishery exceeds the point where net benefits to society are at a maximum; i.e., once maximum economic yield (MEY) is exceeded. Since MEY often occurs before maximum sustainable yield (MSY) is achieved in a developing fishery, excess capacity already exists in a fishery with a fully utilized fish stock. Even where barriers to entry exist in a fishery, such as exclusive economic zones (EEZs), permit moratoriums, or transferable licenses, fishermen who participate in the fishery retain a market incentive to race for the fish since no property rights exist for the in situ marine resource; i.e., the fish-in-the-sea. While the adverse effects of excessive capacity levels have become too obvious and severe to ignore,2 they can be corrected. With economically rational fisheries management, fishermen behave as if a private property right exists for the in situ marine resource. This creates a market incentive for fishermen to conserve the fish stock by divesting capital and other factor inputs needed to harvest fish until the yield from the fishery corresponds to MEY, the fish stock is conserved, and excess capacity in the fishery is eliminated. Achieving this objective is a matter of great debate. Without an unbiased and objective capacity measurement metric, the success or failure of regulations designed to reduce capacity cannot be accurately assessed. Title: Capacity, Excess Capacity, and Fisheries Management Author: Ward, John Year: 2001 Excess capacity results because fishermen do not have an incentive to conserve fish in-the-sea causing them to overinvest in the capital used to harvest fish as well as other production or factor inputs. Excess 1 capacity like overcapitalization and overfishing is a symptom of our regulated, open access fishery management system. Because capacity has been an ill-defined term in the fisheries literature, it has been poorly understood by fisheries managers. Excess capacity exists in a fishery when the yield from the fishery exceeds the point where net benefits to society are at a maximum; i.e., once maximum economic yield (MEY) is exceeded. Since MEY often occurs before maximum sustainable yield (MSY) is achieved in a developing fishery, excess capacity already exists in a fishery with a fully utilized fish stock. Even where barriers to entry exist in a fishery, such as exclusive economic zones (EEZs), permit moratoriums, or transferable licenses, fishermen who participate in the fishery retain a market incentive to race for the fish since no property rights exist for the in situ marine resource; i.e., the fish-in-the-sea. While the adverse effects of excessive capacity levels have become too obvious and severe to ignore,2 they can be corrected. With economically rational fisheries management, fishermen behave as if a private property right exists for the in situ marine resource. This creates a market incentive for fishermen to conserve the fish stock by divesting capital and other factor inputs needed to harvest fish until the yield from the fishery corresponds to MEY, the fish stock is conserved, and excess capacity in the fishery is eliminated. Achieving this objective is a matter of great debate. Without an unbiased and objective capacity measurement metric, the success or failure of regulations designed to reduce capacity cannot be accurately assessed. Close

• 13. [Article] Privatization and Regulation of Capacity in a Multi-product Fishery: A Purse from a Sow's Ear?

  Using individual firm data from before and after the introduction of ITQs in the multi-species Nova Scotia mobile gear fishery, data envelopment analysis (DEA) is used to examine issues relating to capacity ...

  Citation × Citation Citation Abstract Copy Title: Privatization and Regulation of Capacity in a Multi-product Fishery: A Purse from a Sow's Ear? Author: Grafton, R. Quentin, Squires, Dale, Dupont, Diane P., Kirkley, James Year: 2001 Using individual firm data from before and after the introduction of ITQs in the multi-species Nova Scotia mobile gear fishery, data envelopment analysis (DEA) is used to examine issues relating to capacity and capacity utilization. The paper examines how a change in the property rights regime can affect a multi-product industry and the consequences of these changes in terms of product-specific capacity utilization, as well as aggregate capacity utilization. The results provide insights to regulators interested in using market-based approaches to improve efficiency in multi-product industries. Title: Privatization and Regulation of Capacity in a Multi-product Fishery: A Purse from a Sow's Ear? Author: Grafton, R. Quentin, Squires, Dale, Dupont, Diane P., Kirkley, James Year: 2001 Using individual firm data from before and after the introduction of ITQs in the multi-species Nova Scotia mobile gear fishery, data envelopment analysis (DEA) is used to examine issues relating to capacity and capacity utilization. The paper examines how a change in the property rights regime can affect a multi-product industry and the consequences of these changes in terms of product-specific capacity utilization, as well as aggregate capacity utilization. The results provide insights to regulators interested in using market-based approaches to improve efficiency in multi-product industries. Close

• 14. [Article] Capacity utilization and inflation : international evidence

  The relevance of domestic and foreign capacity utilization rates in forecasting future inflation rate has been investigated empirically, using five industrialized countries for which the comparable data ...

  Citation × Citation Citation Abstract Copy Title: Capacity utilization and inflation : international evidence Author: Padungrat, Teardchart The relevance of domestic and foreign capacity utilization rates in forecasting future inflation rate has been investigated empirically, using five industrialized countries for which the comparable data are available. It has been found that capacity utilization rates, both domestic and foreign, have a long run stable relationship with domestic inflation rate and a positive shock in the capacity utilization rate results in a significant, although a little bit delayed, acceleration in the domestic inflation rate. Various econometric techniques have been used and led to consistent empirical findings. The results in the present study, therefore, dispute the claim that an increase in capacity utilization rate may not necessarily lead to an accelerated inflation down the road. Title: Capacity utilization and inflation : international evidence Author: Padungrat, Teardchart The relevance of domestic and foreign capacity utilization rates in forecasting future inflation rate has been investigated empirically, using five industrialized countries for which the comparable data are available. It has been found that capacity utilization rates, both domestic and foreign, have a long run stable relationship with domestic inflation rate and a positive shock in the capacity utilization rate results in a significant, although a little bit delayed, acceleration in the domestic inflation rate. Various econometric techniques have been used and led to consistent empirical findings. The results in the present study, therefore, dispute the claim that an increase in capacity utilization rate may not necessarily lead to an accelerated inflation down the road. Close

• 15. [Article] Economic and physical measures of capacity: A comparative analysis of Danish trawlers

  Research Paper

  Citation × Citation Citation Abstract Copy Title: Economic and physical measures of capacity: A comparative analysis of Danish trawlers Author: Lindebo, Erik, Hoff, Ayoe, Vestergaard, Niels Research Paper Title: Economic and physical measures of capacity: A comparative analysis of Danish trawlers Author: Lindebo, Erik, Hoff, Ayoe, Vestergaard, Niels Research Paper Close

• 16. [Article] Data Envelopment Analysis (DEA): A Framework for Assessing Capacity in Fisheries When Data are Limited

  The Sustainable Fisheries Act (SFA) and Code of Conduct for Responsible Fisheries Management require restoration of fishery resources and a matching of capacity to desired resource levels. There is, thus, ...

  Citation × Citation Citation Abstract Copy Title: Data Envelopment Analysis (DEA): A Framework for Assessing Capacity in Fisheries When Data are Limited Author: Squires, Dale, Kirkley, James L., Fare, Rolf, Grosskopf, Shawna Year: 2001 The Sustainable Fisheries Act (SFA) and Code of Conduct for Responsible Fisheries Management require restoration of fishery resources and a matching of capacity to desired resource levels. There is, thus, a need to reduce harvesting capacity throughout many of the fisheries of the world. Yet, even the term capacity is not well defined, and it is even more complicated to measure. In this paper, we introduce several definitions and measures of capacity that are consistent with economic theory and empirical analyses. Since economic data on production activities are usually unavailable, we introduce the concept of data envelopment analysis (DEA) which may be used to calculate a physical or primal-based concept of capacity in fisheries. We initially introduce DEA and dispel many of the myths believed to be problems of DEA. We discuss how DEA may be used to calculate capacity in single and multiple-species fisheries. We Title: Data Envelopment Analysis (DEA): A Framework for Assessing Capacity in Fisheries When Data are Limited Author: Squires, Dale, Kirkley, James L., Fare, Rolf, Grosskopf, Shawna Year: 2001 The Sustainable Fisheries Act (SFA) and Code of Conduct for Responsible Fisheries Management require restoration of fishery resources and a matching of capacity to desired resource levels. There is, thus, a need to reduce harvesting capacity throughout many of the fisheries of the world. Yet, even the term capacity is not well defined, and it is even more complicated to measure. In this paper, we introduce several definitions and measures of capacity that are consistent with economic theory and empirical analyses. Since economic data on production activities are usually unavailable, we introduce the concept of data envelopment analysis (DEA) which may be used to calculate a physical or primal-based concept of capacity in fisheries. We initially introduce DEA and dispel many of the myths believed to be problems of DEA. We discuss how DEA may be used to calculate capacity in single and multiple-species fisheries. We Close

• 17. [Article] The Capacity Ratio as a Measure of Solvency in Experiential Education

  This is the publisher’s final pdf. The published article is copyrighted by the American Association of Colleges of Pharmacy (AACP) and can be found at: http://www.ajpe.org/.

  Citation × Citation Citation Abstract Copy Title: The Capacity Ratio as a Measure of Solvency in Experiential Education Author: Weber, Stanley, Ramirez, Juancho, Krueger, Janelle, Danielson, Jennifer, Hudgins, Gayle A., Christensen, Lindsay, Harshberger, Cara A., Rice, Luke This is the publisher’s final pdf. The published article is copyrighted by the American Association of Colleges of Pharmacy (AACP) and can be found at: http://www.ajpe.org/. Title: The Capacity Ratio as a Measure of Solvency in Experiential Education Author: Weber, Stanley, Ramirez, Juancho, Krueger, Janelle, Danielson, Jennifer, Hudgins, Gayle A., Christensen, Lindsay, Harshberger, Cara A., Rice, Luke This is the publisher’s final pdf. The published article is copyrighted by the American Association of Colleges of Pharmacy (AACP) and can be found at: http://www.ajpe.org/. Close

• 18. [Article] Assessing Short-run and Medium-run Fishing Capacity at the Industry Level and Its Reallocation

  Reducing harvesting capacity in fisheries is of international importance. In 1999, member nations of the United Nations Food and Agricultural Organization (FAO) agreed to an International Plan of Action ...

  Citation × Citation Citation Abstract Copy Title: Assessing Short-run and Medium-run Fishing Capacity at the Industry Level and Its Reallocation Author: Kerstens, Kristiaan, Squires, Dale, Grosskopf, Shawna, Fare, Rolf, Kirkley, James E. Year: 2001 Reducing harvesting capacity in fisheries is of international importance. In 1999, member nations of the United Nations Food and Agricultural Organization (FAO) agreed to an International Plan of Action to reduce fishing capacity. Two initial concerns were the acceptance of a workable definition of capacity and the development of methods to calculate capacity. FAO subsequently offered several definitions of capacity. A general definition of capacity is the output level over a given time period that a fishing fleet could expect to catch if the variable inputs are utilized under normal operating conditions given resource levels, technology, and other constraints. Concurrently, however, FAO and representatives of the member nations expressed concerns about reducing capacity at the national level (i.e., a reallocation of capital, labor, and other inputs) and with respect to both the short and long-run. In this paper, we present a possible approach for determining capacity at a more aggregate level than the vessel (e.g., fishery or region) with respect to the short and intermediate-run, and the allocation of fixed and variable inputs across different fisheries and regions. We extend one approach to measuring capacity of a firm to the case of an industry. Based on extensions of this specification, existing capacities are no longer fixed, but may be scaled up or down at will subject to a constant returns to scale technology. This allows for exploring plausible medium-term technological configurations at the industry level. Title: Assessing Short-run and Medium-run Fishing Capacity at the Industry Level and Its Reallocation Author: Kerstens, Kristiaan, Squires, Dale, Grosskopf, Shawna, Fare, Rolf, Kirkley, James E. Year: 2001 Reducing harvesting capacity in fisheries is of international importance. In 1999, member nations of the United Nations Food and Agricultural Organization (FAO) agreed to an International Plan of Action to reduce fishing capacity. Two initial concerns were the acceptance of a workable definition of capacity and the development of methods to calculate capacity. FAO subsequently offered several definitions of capacity. A general definition of capacity is the output level over a given time period that a fishing fleet could expect to catch if the variable inputs are utilized under normal operating conditions given resource levels, technology, and other constraints. Concurrently, however, FAO and representatives of the member nations expressed concerns about reducing capacity at the national level (i.e., a reallocation of capital, labor, and other inputs) and with respect to both the short and long-run. In this paper, we present a possible approach for determining capacity at a more aggregate level than the vessel (e.g., fishery or region) with respect to the short and intermediate-run, and the allocation of fixed and variable inputs across different fisheries and regions. We extend one approach to measuring capacity of a firm to the case of an industry. Based on extensions of this specification, existing capacities are no longer fixed, but may be scaled up or down at will subject to a constant returns to scale technology. This allows for exploring plausible medium-term technological configurations at the industry level. Close

• 19. [Article] Measures of Excess Capacity

  Excess capacity or capacity utilization measures are presented in the multi-output case. Such measures can be either technical or economic. They may also be ray measures or revenue measures. The choice ...

  Citation × Citation Citation Abstract Copy Title: Measures of Excess Capacity Author: Primont, Daniel Year: 2001 Excess capacity or capacity utilization measures are presented in the multi-output case. Such measures can be either technical or economic. They may also be ray measures or revenue measures. The choice of the best measure depends on data availability and the policy use of the measure. Title: Measures of Excess Capacity Author: Primont, Daniel Year: 2001 Excess capacity or capacity utilization measures are presented in the multi-output case. Such measures can be either technical or economic. They may also be ray measures or revenue measures. The choice of the best measure depends on data availability and the policy use of the measure. Close

• 20. [Article] Community capacity and wildfire protection: indicators of rural, low capacity communities

  16 p.

  Citation × Citation Citation Abstract Copy Title: Community capacity and wildfire protection: indicators of rural, low capacity communities Author: University of Oregon. Program for Watershed and Community Health, University of Oregon. Institute for a Sustainable Environment Year: 2006, 2003 16 p. Title: Community capacity and wildfire protection: indicators of rural, low capacity communities Author: University of Oregon. Program for Watershed and Community Health, University of Oregon. Institute for a Sustainable Environment Year: 2006, 2003 16 p. Close