Back to Search Start Over

Testing for relative performance between seasons in a fishery.

Authors :
Salvanes, Kjell G.
Steen, Frode
Source :
Land Economics; Nov94, Vol. 70 Issue 4, p431, 17p, 6 Charts, 3 Graphs
Publication Year :
1994

Abstract

The relative performance between seasons in a fishery is tested empirically. In particular, the importance ora stochastic environment—what may be denoted as fishing luck in a fishery—is established by applying DickeyFuller unit-root tests for the efficiency scores of vessels between seasons. More specifically we test whether the performance of individual vessels can be characterized as random or not; i.e., given good performance in one period, is it possible to also expect good performance in the next (a so-called "highliner"), or is performance due to the stochastic environment (fishing luck). [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00237639
Volume :
70
Issue :
4
Database :
Complementary Index
Journal :
Land Economics
Publication Type :
Academic Journal
Accession number :
9411306972
Full Text :
https://doi.org/10.2307/3146639