Table 5.

Technical Efficiency Descriptive Statistics for the Red King Crab and Snow Crab Fisheries

Red King CrabSnow Crab
ModelMeanMin.Max.MeanMin.Max.
Probit
Overall0.87450.38371.00000.80300.35561.0000
Exited0.83110.38370.96500.76380.35561.0000
Active0.94170.82131.00000.86260.37390.9989
Logit
Overall0.87540.38971.00000.80250.35481.0000
Exited0.83170.38970.96420.76250.35481.0000
Active0.94320.82611.00000.86340.37400.9990
GEV
Overall0.87370.38811.00000.80090.35291.0000
Exited0.82960.38810.96300.75700.35290.9989
Active0.94210.82741.00000.86770.37571.0000
Two-stage
Overall0.95860.76671.00000.92980.59001.0000
Exited0.92570.76671.00000.91810.59001.0000
Active0.96760.90790.99910.94770.59710.9958
  • Note: GEV, generalized extreme value.