Table 5

Difference-In-Differences Estimates for the Shadow Cost of Halibut

MedianStd. Dev.
AfterSS−$11.07$5.11
(−1.65)
After1998$6.00$2.77
(1.71)*
AfterSS * Sea State$3.69$1.71
(0.50)
After1998 * Sea State−$16.27$7.52
(−3.32)***
N
45,200
Number of estimated parameters115
Log-likelihood−20,167
Pseudo R20.78
Predictive R20.85

  • Note: z-Statistics are included in parentheses and derived using the delta method.

  • ↵* Significant at 10%;

  • ↵*** significant at 1%.