Estimation of a generalized fishery model: A two-stage approach

Review of Economics and Statistics

Volumn 93, Issue 2, 2011, Pages 690-699

  Zhang, Junjie ^a   Smith, Martin D ^b  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b DUKE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79957440166     PISSN: 00346535     EISSN: 15309142     Source Type: Journal    
DOI: 10.1162/REST_a_00075     Document Type: Article

References (30)

1. Bjorndal, T., "Production in a Schooling Fishery: The Case of the North-Sea Herring Fishery," Land Economics 65:1 (1989), 49-56.
2. Bjorndal, T., and J. M. Conrad, "The Dynamics of an Open Access Fishery," Canadian Journal of Economics 20:1 (1987), 74-85.
3. Campbell, H. F., "Estimating the Elasticity of Substitution between Restricted and Unrestricted Inputs in a Regulated Fishery: A Probit Approach," Journal of Environmental Economics and Management 20:3 (1991), 262-274.
4. Chernozhukov, V., and H. Hong, "An MCMC Approach to Classical Estimation," Journal of Econometrics 115:2 (2003), 293-346.
5. Clark, C. W., Mathematical Bioeconomics: The Optimal Management of Renewable Resources, 2nd ed. (New York: Wiley, 1990).
6. Coleman, F. C.,W. F. Figueira, J. S. Ueland, and L. B. Crowder, "The Impact of United States Recreational Fisheries on Marine Fish Populations," Science 305:5692 (2004), 1958-1960.
7. Comitini, S., and D. S. Huang, "Study of Production and Factor Shares in Halibut-Fishing-Industry," Journal of Political Economy 75:4 (1967), 366-372.
8. Costello, C., and S. Polasky, "Optimal Harvesting of Stochastic Spatial Resources," Journal of Environmental Economics and Management 56:1 (2008), 1-18.
9. Davidson, Russell, and J. G. MacKinnon, Estimation and Inference in Econometrics (New York: Oxford University Press, 1993).
10. Gordon, H. S., "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy 62:2 (1954), 124-142.
11. Hsiao, C., Analysis of Panel Data, 2nd ed. (Cambridge: Cambridge University Press, 2003).
12. Kapetanios, G., "A Bootstrap Procedure for Panel Data Sets with Many Cross-Sectional Units," Econometrics Journal 11:2 (2008), 377- 395.
13. Kirkley, J., C. J. M. Paul, and D. Squires, "Capacity and Capacity Utilization in Common-Pool Resource Industries: Definition, Measurement, and a Comparison of Approaches," Environmental and Resource Economics 22:1-2 (2002), 71-97.
14. Morey, E. R., "A Generalized Harvest Function for Fishing: Allocating Effort among Common Property Cod Stocks (a Generalized Harvest Function)," Journal of Environmental Economics and Management 13:1 (1986), 30-49.
15. Murphy, K. M., and R. H. Topel, "Estimation and Inference in Two-Step Econometric Models," Journal of Business and Economic Statistics 3:4 (1985), 370-379.
16. Newey,W. K., and D. L.McFadden, "Large Sample Estimation and Hypothesis Testing" (pp. 2111-2245), in R. F. Engle and D. L. McFadden (Eds.), Handbook of Econometrics (New York: Elsevier Science, 1994).
17. Pella, J. J., and P. K. Tomlinson, "A Generalized Stock Production Model," Bulletin of the Inter-American Tropical Tuna Commission 13:3 (1969), 421-454.
18. Polacheck, T., R. Hilborn, and A. E. Punt, "Fitting Surplus Production Models: Comparing Methods and Measuring Uncertainty," Canadian Journal of Fisheries and Aquatic Sciences 50:12 (1993), 2597-2607.
19. Sanchirico, J., and J. Wilen, "Managing Renewable Resource Use with Market-Based Instruments: Matching Policy Scope to Ecosystem Scale," Journal of Environmental Economics and Management 50:1 (2005), 23-46.
20. Schaefer,M. B., "Some Aspects of the Dynamics of Populations Important to the Management of Commercial Marine Fisheries," Bulletin of the Inter-American Tropical Tuna Commission 1:2 (1954), 26-56.
21. Schnute, J. T., and A. R. Kronlund, "Estimating Salmon Stock-Recruitment Relationships from Catch and Escapement Data," Canadian Journal of Fisheries and Aquatic Sciences 59:3 (2002), 433-449.
22. Segerson, K., and D. Squires, "Capacity Utilization under Regulatory Constraints," this review 75:1 (1993), 76-85.
23. Sethi, G., C. Costello, A. Fisher, M. Hanemann, and L. Karp, "Fishery Management under Multiple Uncertainty," Journal of Environmental Economics and Management 50:2 (2005), 300-318.
24. Smith, M. D., J. Zhang, and F. C. Coleman, "Structural Modeling of Marine Reserves with Bayesian Estimation," Marine Resource Economics 22:2 (2007), 121-136.
25. Tsoa, E., W. E. Schrank, and N. Roy, "Generalizing Fisheries Models: An Extension of the Schaefer Analysis," Canadian Journal of Fisheries and Aquatic Sciences 42:1 (1985), 44-50.
26. Uhler, R. S., "Least-Squares Regression Estimates of the Schaefer Production-Model: Some Monte-Carlo Simulation Results," Canadian Journal of Fisheries and Aquatic Sciences 37:8 (1980), 1284-1294.
27. U.S. Department of Commerce, "Congress Approves Magnuson-Stevens Fishery Conservation and Management Act," press release December 9, 2006. http://commerce.senate.gov.
28. Valpine, P. de, and A. Hastings, "Fitting Population Models Incorporating Process Noise and Observation Error," Ecological Monographs 72 (2002), 57-76.
29. Weitzman, M. L., "Landing Fees vs Harvest Quotas with Uncertain Fish Stocks," Journal of Environmental Economics and Management 43:2 (2002), 325-338.
30. Wilen, J. E., "Common Property Resources and the Dynamics of Overexploitation: The Case of the North Pacific Fur Seal," University of British Columbia, Natural Resource Economics working paper no. 3 (1976).