Economic Analysis on the Production of Deep-sea Squid Fishery in Taiwan

• Main Authors: Li-Chung Yang, 楊立中
• Other Authors: Ching-Chun Chen
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/99253098177152856137

碩士 === 國立臺灣海洋大學 === 應用經濟研究所 === 93 === Abstract Deep-sea Squid fishery is an important fisheries industry in Taiwan. However, in the recent years, it faces with the problem of increasing production costs which resulting in the lost of compatibility in the world fishery. It is important to control the production cost and raise the efficiency of operation. Therefore this paper aims to analyze the cost-benefit structure of the industry, the key factors of increase of the production cost. The study also uses SUR as a method to estimate the cost function of the industry so as to find out the possible solution for the cost control. The paper also deals with a SWOT analysis on the industry. With the study of the paper, we obtain the major finding as follows. 1. The major expense of the deep-sea Squid fishing industry is the expense of traveling on the sea, which account for 41.14% of the total cost. Within the cost fuel expense ranks the first item in the total. 2. The average net profit of the industry is about 1.52% which is quite low when compare to other fishing industries. 3. Base on an empirical study of cost function, fishing boats in the size of 900-1000 ton is more costly than others. Base on Allen’s partial elasticity of substitution, we also find that the factors between capital and labor are in substitution; however labor cost and the expense of traveling in the sea are in the relation of complementary. Which means that in order to control the production cost it is important to shrink the labor cost by improve its automation for the fishing boats. In order to raise their profit, it is also important to improve their marketing efforts.