Table 3

Long-Term Translog Production Function of Individual Daily Lobster Landings in Maine Estimated with 1982-2007 Data

VariableCoef.Std. Err.
May0.4720.050**
June0.0560.072
July0.6930.103**
August0.9770.126**
September1.0350.114**
October1.0730.102**
November0.9740.086**
December0.6100.073**
Log(Trip hauls)- 0.8300.396*
Log(Trip hauls)20.0360.011**
Log(Soak days)1.8850.374**
Log(Soak days)2- 0.1610.015**
Log(Monthly total hauls in3.0400.560**
Maine)
Log(Monthly total hauls in- 0.1120.018**
Maine)2
Log(Monthly biomass)- 2.8890.503**
Log(Monthly biomass)20.0800.017**
Log(Monthly total hauls in- 0.0990.023**
Maine) × Log(Soak days)
Log(Monthly0.0170.005**
biomass) × Log(August
biomass)
Log(Monthly biomass) × Log(Trip0.0820.022**
hauls)
Log(Trip hauls) × Log(Soak days)0.0560.020**
R2 = 0.60
  • * Significant at the 0.05 level;

  • ** significant at the 0.01 level.