Table 6. Ordinary least squares parameter estimates
 equationsa


for the Gulf of Mexico Reef Fish Fishery price


Dependent Florida Alabama Mississippi Louisiana Texas T2
variable Intercept catch catch catch catchC catch Time R

Florida price 0.3397 -0.000021 -- -- 0.0819
 (.1314) (.00001) (.0025) .84
Alabama price 0.1784 0.0000064 -0.000039 -- 0.0127
 (.1447) (.000015) (.000028) (.0027) .74
Mississippi 0.3678 -0.0000092 --- -0.00006 --- 0.0184
 price (.0619) (.000005) (.000009) (.0014)
Louisiana 0.3166 -0.000011 --- --- 0.000037 --- 0.0106
 price (.1316) (.000011) (.000093) (.0026) .
Texas price 0.2798 0.0000011 --- --- --- -0.0000607 0.0132
 (.0963) (.000011) (.000032) (.0021) .

 aNumbers in parentheses are estimated standard errors.

 Price is measured in dollars per pound.
 CCatch is measured in thousands of pounds.