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Testing for relative performance between seasons in a fishery.
- 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