Standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Table 5 — Additional RD Model Results:
UK Fleet Size
|
(1)
|
(2)
|
(3)
|
|
|
|
|
|
|
|
|
1983 Dummy
|
3179.46***
|
-60.42
|
-331.38
|
|
(600.22)
|
(704.58)
|
(746.12)
|
1992 Dummy
|
934.02
|
-1008.30
|
164.51
|
|
(822.14)
|
(835.82)
|
(770.97)
|
2002 Dummy
|
-885.98
|
506.94
|
1655.53**
|
|
(916.88)
|
(809.55)
|
(710.97)
|
2013 Dummy
|
15.50
|
1744.82**
|
-729.10
|
|
(882.43)
|
(840.10)
|
(908.72)
|
Observations
|
66
|
66
|
66
|
R-squared
Adj R-squared
|
0.511
0.452
|
0.712
0.667
|
0.808
0.769
|
Standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Table 6 — Additional RD Model Results:
Total and Average Value of Cod Landings
|
(1)
|
(2)
|
(3)
|
|
|
|
|
Panel One: Cod Total Value
(£ million)
|
|
|
|
1983 Dummy
|
-173.79***
|
-60.24
|
38.08
|
|
(31.77)
|
(40.05)
|
(45.19)
|
1992 Dummy
|
-20.39
|
-5.45
|
-6.18
|
|
(43.22)
|
(48.05)
|
(45.59)
|
2002 Dummy
|
-47.91
|
-59.49
|
-28.05
|
|
(48.17)
|
(46.26)
|
(41.76)
|
2013 Dummy
|
57.61
|
44.93
|
8.70
|
|
(46.86)
|
(49.86)
|
(54.97)
|
Observations
R-squared
Adj R-squared
Panel Two: Cod Avg Value
(£ per ton)
1983 Dummy
|
66
0.854
0.833
-152.43
|
66
0.900
0.882
-593.13***
|
66
0.928
0.912
-536.04**
|
|
(135.12)
|
(186.02)
|
(233.73)
|
1992 Dummy
|
-257.98
|
-440.27**
|
-282.98
|
|
(183.85)
|
(223.17)
|
(235.80)
|
2002 Dummy
|
-213.05
|
-80.83
|
75.87
|
|
(204.90)
|
(214.84)
|
(216.03)
|
2013 Dummy
|
-144.78
|
26.70
|
-333.93
|
|
(199.31)
|
(231.54)
|
(284.33)
|
|
|
|
|
Observations
|
66
|
66
|
66
|
R-squared
Adj R-squared
|
0.743
0.707
|
0.791
0.752
|
0.814
0.771
|
Standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Table 7 — Additional RD Model Results:
Total and Average Value of Haddock Landings
|
(1)
|
(2)
|
(3)
|
|
|
|
|
Panel One: Haddock Total Value
(£ million)
|
|
|
|
1983 Dummy
|
-30.71*
|
28.27
|
55.67**
|
|
(15.66)
|
(20.01)
|
(25.40)
|
1992 Dummy
|
-32.19
|
-17.19
|
-16.85
|
|
(21.31)
|
(24.00)
|
(25.63)
|
2002 Dummy
|
-13.47
|
-24.57
|
-15.33
|
|
(23.75)
|
(23.02)
|
(23.48)
|
2013 Dummy
|
34.27
|
20.55
|
9.28
|
|
(23.09)
|
(24.90)
|
(30.90)
|
Observations
R-squared
Adj R-squared
Panel Two: Haddock Avg Value
(£ per ton)
1983 Dummy
|
66
0.760
0.727
-332.68**
|
66
0.832
0.801
-510.52**
|
66
0.847
0.813
-285.42
|
|
(137.95)
|
(207.04)
|
(260.25)
|
1992 Dummy
|
-558.17***
|
-620.89**
|
-546.37**
|
|
(187.69)
|
(248.39)
|
(262.55)
|
2002 Dummy
|
-366.20*
|
-320.46
|
-181.59
|
|
(209.19)
|
(239.12)
|
(240.54)
|
2013 Dummy
|
0.185
|
58.73
|
-188.27
|
|
(203.48)
|
(257.71)
|
(316.59)
|
|
|
|
|
Observations
|
66
|
66
|
66
|
R-squared
Adj R-squared
|
0.458
0.382
|
0.475
0.379
|
0.533
0.427
|
Standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1
Figure 8 — Regression Discontinuity Panel: Fish Total and Average Value
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