Decommissioning programmes have been used in many countries in an attempt to reduce the level of overexploitation in fisheries. The extent to which human capital enhancement may offset capacity reductions, however, has not been previously examined. The study uses a stochastic production frontier...

A feature of fisheries that distinguishes them from most other industries is the level of control imposed on the production process. Previous studies have identified inefficiency in fisheries that is directly related to the management restrictions. The development of Slack-based measure (SBM)...