The effects of COVID-19 on the input usage and revenue generation performance of the EU fishery sector
Küçük Resim Yok
Tarih
2024
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Elsevier Sci Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study investigates the impact of the COVID-19 pandemic on the EU fishery sector across EU countries, with a particular emphasis on input utilization and its implications for revenue generation, using data sourced from the Scientific, Technical, and Economic Committee for Fisheries (STECF). It explores how changes in input utilization have influenced the sector's overall efficiency by non-radial DEA model with the Russell measure. Energy efficiency, vessel capacity efficiency, crew efficiency, operational cost efficiency, and technical efficiency in the EU fishery sector are measured as 0.583, 0.632, 0.487, 0.788, and 0.599, respectively. The study finds that the COVID-19 pandemic has led to changes in both input usage efficiency and revenue generation efficiency in EU countries compared to the pre-pandemic period. Input usage efficiency decreased from 0.5939 to 0.5383, while revenue generation efficiency was 1.367 in the pre-COVID-19 period and 1.822 during the COVID-19 period. Despite using 48 % more inputs during the COVID-19 period, due to the pandemic the sector suffered a loss of potential revenue that could have been %45.5 times higher. During the COVID-19 pandemic, there was a decrease in energy efficiency in the fisheries sector, while crew and operational cost efficiencies increased. Nevertheless, COVID-19 did not significantly affect fishery days and vessel capacity efficiencies. This suggests that the EU fisheries sector, during the pandemic, maintained its pre-pandemic fisheries revenue with higher energy consumption but achieved the same revenue level with fewer crew members and reduced operational costs. During the COVID-19 period, Denmark, France, and Slovenia kept their income generation performance steady. Bulgaria, however, saw the biggest drop in income generation during the pandemic.
Açıklama
Anahtar Kelimeler
COVID-19, Fishing, Non-radial DEA model with the Russell measure, Revenue chang
Kaynak
Marine Policy
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
173
Sayı
Dec
Künye
Miran, B., Güçlüsoy, H., Kızılkaya, Z., Tabak, T., & Güçeli, K. (2025). The effects of COVID-19 on the input usage and revenue generation performance of the EU fishery sector. Marine Policy, 173, 106558.
