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
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Dale Squires: National Marine Fisheries Service - National Marine Fisheries Service - UC San Diego - University of California [San Diego] - UC - University of California

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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.

Keywords: Firm’s management; firm effect; management effect; time effect; tuna fisheries (search for similar items in EconPapers)
Date: 2013
Note: View the original document on HAL open archive server: https://hal.science/hal-03914271v1
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Published in American Journal of Agricultural Economics, 2013, 95 (3), pp.547 - 567. ⟨10.1093/ajae/aas140⟩

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Related works:
Journal Article: 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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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03914271

DOI: 10.1093/ajae/aas140

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