The dashed line in each panel references the year 1983. Panel A (top left) shows the RD graph for the total value of cod landings by the UK fleet (measured in £ million) from 1950 to 2015. Panel B (top right) shows the RD graph for the average value of cod landings by the UK fleet (measured in £ per ton) from 1950 to 2015. Panel C (bottom left) shows the RD graph for the total value of haddock landings by the UK fleet (measured £ million) from 1950 to 2015. Panel D (bottom right) shows the RD graph for the average value of haddock landings by the UK fleet (measured in £ per ton) from 1950 to 2015.
Figure 9 — Regression Discontinuity Panel: Fish Value Residuals
The dashed line in each panel references the year 1983. Panel A (top left) plots the residuals for a regression of the total value of cod landings by the UK fleet on GDP and sea surface temperature variation (SSTV) from 1950 to 2015. Panel B (top right) plots the residuals for a regression of the average value of cod landings by the UK fleet on GDP and SSTV from 1950 to 2015. Panel C (bottom left) plots the residuals for a regression of the total value of haddock landings by the UK fleet on GDP and SSTV from 1950 to 2015. Panel D (bottom right) plots the residuals for a regression of the average value of haddock landings by the UK fleet on GDP and SSTV from 1950 to 2015.
Table 8 — Additional RD Model Results:
Value and Quantity of Imports
|
(1)
|
(2)
|
(3)
|
|
|
|
|
Panel One: Value of Imports
(£ million)
|
|
|
|
1983 Dummy
|
43.65
|
147.74*
|
-16.62
|
|
(58.41)
|
(85.05)
|
(107.65)
|
1992 Dummy
|
-347.27***
|
-342.16***
|
-257.79**
|
|
(79.48)
|
(102.04)
|
(108.60)
|
2002 Dummy
|
-27.53
|
-32.11
|
-11.68
|
|
(88.58)
|
(98.23)
|
(99.49)
|
2013 Dummy
|
-29.45
|
-32.64
|
-151.11
|
|
(86.16)
|
(105.86)
|
(130.96)
|
Observations
R-squared
Adj R-squared
Panel Two: Quantity of Imports
(thousands of tons)
1983 Dummy
|
66
0.959
0.953
72.89***
|
66
0.962
0.955
47.74*
|
66
0.966
0.958
-10.16
|
|
(17.83)
|
(26.78)
|
(31.68)
|
1992 Dummy
|
-41.43*
|
-55.94*
|
-54.47*
|
|
(24.26)
|
(32.13)
|
(231.96)
|
2002 Dummy
|
29.54
|
39.97
|
22.37
|
|
(27.04)
|
(30.93)
|
(29.28)
|
2013 Dummy
|
-93.95***
|
-80.12**
|
-61.02
|
|
(26.31)
|
(33.33)
|
(38.54)
|
|
|
|
|
Observations
|
66
|
66
|
66
|
R-squared
Adj R-squared
|
0.978
0.975
|
0.979
0.975
|
0.983
0.979
|
Share with your friends: |