Fixed-Effect Estimation of Highly Mobile Production Technologies
We consider fixed-effect estimation of a production function where inputs and outputs vary over time, space, and individual, and identify estimates of time-varying individual effects, without parametric assumptions on the effects. We discuss sufficient conditions for unbiasedness and for consistency and asymptotic normality along the spatial dimension. Results are applied to estimation of a harvest function for bottom trawler fishing vessels in the flatfish and groundfish fisheries of the Bering Sea. We conclude that vessel individual effects did not change between 2002 and 2004. Ranking and selection theory determines that individual effects are not statistically significant across vessels. Copyright 2010, Oxford University Press.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 92 (2010)
Issue (Month): 5 ()
|Contact details of provider:|| Postal: |
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:92:y:2010:i:5:p:1432-1445. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.