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annotated bibliography of fisheries economics literature - Office of ...

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catch on the catch rates <strong>of</strong> longline vessels are used to perform a<br />

benefit/cost analysis <strong>of</strong> a reallocation <strong>of</strong> juvenile yellowfin through a one<br />

percent decline in purse seine harvest in P.N.G. s EEZ. The marginal benefit<br />

<strong>of</strong> investment in the yellowfin stock is found to exceed that <strong>of</strong> marginal cost,<br />

suggesting that there may be an economic case for a reallocation.<br />

Campbell, Page, Ted Storck, Vanenise Price, and Lance Robinson (1992).<br />

"Trends in Texas Commercial Fishery Landings, 1972-1991."<br />

Management Data Series No. 86, Texas Parks and Wildlife<br />

Department, Fisheries and Wildlife Division, 4200 Smith School<br />

Road, Austin, Texas.<br />

This report summarizes annual commercial landings and ex-vessel value<br />

statistics <strong>of</strong> finfish and shellfish harvested from Texas bays and the Gulf <strong>of</strong><br />

Mexico <strong>of</strong>f Texas. These landings and value data for individual species groups<br />

are summarized according to bay system or Gulf area from which the product was<br />

taken and by month landed. Total coast wide landings in 1991 were more than<br />

102 million pounds and ex-vessel value was over $199 million. These values<br />

were 11% and 19%, respectively, below the record values <strong>of</strong> 1986. Shrimp<br />

accounted for 89% <strong>of</strong> the weight and 94% <strong>of</strong> ex-vessel value <strong>of</strong> all seafood<br />

landed in calendar year 1991. During 1991 blue crabs, Eastern oysters and<br />

finfish made up 6%, 3%, and 2% <strong>of</strong> total landings and 1%, 4%, and 1% <strong>of</strong> the<br />

total ex-vessel value, respectively. Compared to 1990 prices, the 1991<br />

average unit price for shrimp increased; the unit prices <strong>of</strong> blue crabs did not<br />

change, while the unit price <strong>of</strong> Eastern oysters decreased 22%. Finfish unit<br />

prices generally declined.<br />

Canning, Patrick and Harry Vroomen (1994). Welfare Impacts <strong>of</strong> a Trade<br />

Restriction: An Equilibrium Approach and Application in the Potash<br />

Industry. Technical Bulletin No. 1834, Resources and Technology<br />

Division, Economic Research Service, U.S. Department <strong>of</strong> Agriculture,<br />

June, 25 pp.<br />

A three-sector equilibrium open economy model is developed for measuring<br />

welfare effects <strong>of</strong> a trade restriction. The approach is applied to the<br />

U.S./Canadian trade agreement on potash (USCTAP). The net effect <strong>of</strong> USCTAP to<br />

U.S. firms, households, and the government over the July 1987-June 1992 period<br />

was a social welfare cost <strong>of</strong> $815 million. The big losers were U.S. potash<br />

users (-$956 million), while Canadian potash producers (+$723 million), U.S.<br />

potash producers (+$211 million), and other foreign producers (+$99 million)<br />

were the big winners (in 1987 dollars). Other countries that import U.S.<br />

goods that contain potash as an input incurred additional costs <strong>of</strong> $40<br />

million, due to higher prices <strong>of</strong> those goods, resulting in a net gain <strong>of</strong> $59<br />

million to other countries. U.S. taxpayers bear a lighter burden (-$55<br />

million) due to USCTAP.<br />

Capps, Oral, Jr. (1982). "Consumer Expenditure Patterns for Fish and<br />

Shellfish." Marine Fisheries Review, 44(3):1-6.<br />

This study investigates the nature and magnitude <strong>of</strong> the influence <strong>of</strong><br />

household income, and socioeconomic and demographic variates on aggregate<br />

seafood expenditure in the United States.<br />

Caputo, Michael R. (1990). "A Qualitative Characterization <strong>of</strong> the<br />

competitive Nonrenewable Resource Extracting Firm." Journal <strong>of</strong><br />

Environmental Economics and Management, 18:206-226.<br />

Using variational differential equations, a systematic qualitative<br />

analysis is carried out for the competitive nonrenewable resource extracting<br />

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