Productivity, technical efficiency, and technological change in Vietnamese oceanic tuna fisheries

Thanh Viet Nguyen*, Michel Simioni, Cao Le Quyen, Hreiðar Þór Valtýsson

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

Measuring changes in total factor productivity (TFP) is critical for decision-making, especially through the improvement of structural change and competitiveness. In the context of fishing industry, productivity change results from many factors, such as regulations and stock conditions. Understanding changes in productivity and factors affecting those changes are essential to not only fishery management, but also sustainable fishing industry. This paper applies the Färe-Primont index to the assessment of productivity change of oceanic tuna fisheries in Vietnam from 2007 to 2019. The results show that oceanic tuna fisheries in Vietnam have been inefficient and need to further improve its mix and scale efficiencies. The study provides implications for policies to improve economic efficiency of oceanic tuna fisheries in Vietnam, aiming toward sustainable development.

Original languageEnglish
Article number106202
JournalFisheries Research
Volume248
DOIs
Publication statusPublished - 2021

Bibliographical note

Funding Information:
This research is funded by Vietnam National Foundation for Science and Technology Development (NAFOSTED) under grant number 502.99-2017.05.

Publisher Copyright:
© 2021

Other keywords

  • Färe-primont index
  • Oceanic tuna fisheries
  • Sustainable development
  • Technical change
  • Technical efficiency
  • Total factor productivity
  • Vietnam

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