The Firm's Management in Production: Management, Firm, and Time Effects in an Indian Ocean Tuna Fishery
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.
Year of publication: |
2013
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Authors: | Wolff, François-Charles ; Squires, Dale ; Guillotreau, Patrice |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 95.2013, 3, p. 547-567
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Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
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