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  • Estimating a Generalized Gordon-Schaefer Model with Heterogeneous Fishing Data

    Creator:
    Zhang, Junjie and Smith, Martin D.
    Abstract:
    This paper proposes a two-stage method to estimate a generalized Gordon-Schaefer model, using heterogeneous fishing data in the logbook. A Cobb-Douglas production function is consistently estimated in the first stage by means of the ‘within period estimator’. A stock index is constructed and used to estimate the logistic growth model...
    Resource Type:
    Research Paper
    Full Text:
    , panel data, measurement error INTRODUCTION Optimal management of fisheries requires knowledge about