Analyzing the Effect of the Common Fisheries Policy on the uk’s Fishing Industry: Better With Brexit?



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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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