Econometric Ways to Estimate the Age and Price of Abalone

Md. Mobarak Hossain and Md Niaz Chowdhury

MPRA Paper from University Library of Munich, Germany

Abstract: Abalone is a rich nutritious food resource in the many parts of the world. The economic value of abalone is positively correlated with its age. However, determining the age of abalone is a cumbersome as well as expensive process which increases the cost and limits its popularity. This article proposes very simple ways to determine the age of abalones using econometric methods to reduce the costs of producers as well as consumers.

Keywords: Ordinary Least Square Model; Ordered Probit Model. (search for similar items in EconPapers)
JEL-codes: C3 C30 C35 C4 C45 C5 C51 C99 Q1 (search for similar items in EconPapers)
Date: 2019-01-03
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/91210/1/MPRA_paper_91210.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:91210

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().