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Estimation of Production Functions on Fishery: A Danish Survey

Birgit Nahrstedt, Henning P. Jørgensen () and Ayoe Hoff ()
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Henning P. Jørgensen: Department of Environmental and Business Economics, University of Southern Denmark
Ayoe Hoff: Institute of Food and Resource Economics/Fisheries Economics and Management Division

No 33/02, Working Papers from University of Southern Denmark, Department of Sociology, Environmental and Business Economics

Abstract: The fishing fleet and the component parts of effort and production can be de-scribed and analysed in different ways. As an example, the fishing fleet can be described using a list of different production function specifications. These pro-duction functions will in this paper be estimated using data for the Danish North Sea human consumption demersal trawl fishery. Some statistical prob-lems including multicollinearity are discussed and possible solutions and inter-pretations are put forward.

Keywords: Danish North Sea human consumption demersal trawl fishery; pro-duction function; multicollinearity (search for similar items in EconPapers)
Pages: 53 pages
Date: 2002-08
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