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

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introduction and overview <strong>of</strong> commercial fishing, an open access model, harvest<br />

and effort as control variables, two empirical studies on North Sea herring<br />

and Pacific whiting, and contrasting with biological management techniques.<br />

Conrad, Jon M. and Richard Adu-Asamoah (1986). "Single and Multispecies<br />

Systems: The Case <strong>of</strong> Tuna in the Eastern Tropical Atlantic."<br />

Journal <strong>of</strong> Environmental Economics and Management, 13(1):50-68.<br />

The commercial tuna fishery in the Eastern Tropical Atlantic is based on<br />

harvests from three species <strong>of</strong> tuna: Yellowfin, Skipjack, and Bigeye. Two<br />

models are developed to examine the bio<strong>economics</strong> <strong>of</strong> this fishery. In the<br />

first model, species are presumed ecologically independent and selectively<br />

harvested. In the second model, two <strong>of</strong> the species (Yellowfin and Skipjack)<br />

are assumed to be interspecific competitors and jointly harvested independent<br />

<strong>of</strong> the third species (Bigeye). Data on landings, effort, cost, and revenue<br />

are assembled allowing estimates <strong>of</strong> the bioeconomic parameters for the model<br />

where all species are independent and selectively harvested. Open access and<br />

bioeconomic equilibria are identified for a combination <strong>of</strong> cost and discount<br />

rates. The pristine, open access, and bioeconomic equilibria are also<br />

determined for the multispecies model based on parameters from the single<br />

species (independent) models and plausible values for interaction and joint<br />

production coefficients. Equilibria are compared, and management policies<br />

from a single and multispecies perspective are explored.<br />

Conrad, Jon M. and Colin W. Clark (1987). Natural Resource Economics.<br />

Cambridge University Press, Cambridge.<br />

The text deals with resource allocation and optimization, renewable and<br />

nonrenewable resources, environmental management, and stochastic resource<br />

models in a dynamic context. It is intended to fill the perceived gap between<br />

theoretical analysis and empirical applications <strong>of</strong> that theory using the<br />

solution to numerical problems approach.<br />

Conrad, Jon M., Dale Squires, and Jim Kirkley (1984). "Lectures on the<br />

Economics <strong>of</strong> Fisheries Production." NOAA Technical Memorandum<br />

NMFS F/NWC-60, U.S. Department <strong>of</strong> Commerce, National Ocean and<br />

Atmospheric Administration, National Marine Fisheries Service,<br />

July, 93 pp.<br />

These lectures are an attempt to review the relatively recent advances<br />

in dynamic modeling and production theory as they relate to the economic<br />

management <strong>of</strong> single and multiple species <strong>fisheries</strong>. They will also assess<br />

the impediments to applying modern production theory when estimating<br />

bioeconomic parameters. The first lecture reviews the relationship between<br />

the production function, the growth function, and the yield effort function<br />

for the single species fishery and extends these concepts to the multispecies<br />

fishery using the multiple output production function. In the second lecture,<br />

the early <strong>literature</strong> on <strong>fisheries</strong> production is reviewed. The assumptions<br />

underlying duality based estimation techniques as they relate to multispecies<br />

production are examined in greater detail. The third lecture discusses recent<br />

empirical work on the New England trawler fleet.<br />

Conroy, Patricia D. and John R. P<strong>of</strong>fenberger (1986). "Estimated Impacts<br />

<strong>of</strong> Texas Closure Regulation on Ex-Vessel Prices and Value <strong>of</strong><br />

Shrimp, 1983 and 1984." NOAA Technical Memorandum NMFS-SEFC-171,<br />

U.S. Department <strong>of</strong> Commerce, National Oceanic and Atmospheric<br />

Administration, National Marine Fisheries Service, Southeast<br />

Fisheries Center, 75 Virginia Beach Drive, Miami, FL, February, 16<br />

pp.<br />

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