The Firm's Management in Production: Management, Firm, and Time Effects in an Indian Ocean Tuna Fishery

François-Charles Wolff, Dale Squires and Patrice Guillotreau

American Journal of Agricultural Economics, 2013, vol. 95, issue 3, 547-567

Abstract: Exploiting variability in the managerial dimension, this paper presents firm management through firm and time effects in a production function that uses a three-way fixed effect model and a unique panel dataset that tracks multiple managers for each firm from 1980--2007. We allow for time-varying firm management through learning. The model is applied to the French purse-seine fleet harvesting tuna in the Indian Ocean. We find that skippers' learning-by-doing as measured by experience and job tenure plays no significant role, meaning that managerial ability is time-invariant. Copyright 2013, Oxford University Press.

Date: 2013
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Working Paper: The Firm's Management in Production: Management, Firm, and Time Effects in an Indian Ocean Tuna Fishery (2013)
Working Paper: The Firm's Management in Production: Management, Firm and Time Effects in an Indian Ocean Tuna Fishery (2012)
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