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

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maximization <strong>of</strong> the sum <strong>of</strong> inframarginal and resource rents, the maximization<br />

<strong>of</strong> the social surplus, and the maximization <strong>of</strong> resource rent. This paper<br />

extends the analysis to a dynamic framework.<br />

Cook, B.A. and Parzival Copes (1987). "Optimal Levels for Canada's<br />

Pacific Halibut Catch." Marine Resource Economics, 4(1):45-61.<br />

The exclusion from U.S. waters since 1981 has greatly reduced the<br />

harvest potential for Canada's Pacific halibut fleet, making it particularly<br />

important that halibut resources in the Canadian zone be exploited at optimal<br />

levels. This paper provides a bioeconomic analysis <strong>of</strong> the joint-stock fishery<br />

in Area 2 convention waters. Using Canadian cost and revenue relationships,<br />

optimal harvesting levels are established according to three different<br />

criteria, including not only the maximization <strong>of</strong> resource rent, but also the<br />

maximization <strong>of</strong> a more inclusive social surplus and the maximization <strong>of</strong><br />

benefits for the harvesting sector. Estimates are made <strong>of</strong> halibut demand, as<br />

well as yield-effort and cost-effort relationships to calculate the various<br />

optima. The implications <strong>of</strong> this analysis for a Canadian fleet confined to<br />

the Canadian 200 mile zone <strong>of</strong> Area 2 are then discussed.<br />

Cook, Harry L. and M. Alice Murphy (1971). "Early Development Stages <strong>of</strong><br />

the Brown Shrimp, Penaeus aztecus Ives, Reared in the Laboratory."<br />

Fishery Bulletin, 69(1):223-239.<br />

The larval and first postlarval stages <strong>of</strong> the brown shrimp, Penaeus<br />

aztecus Ives, reared from eggs spawned in the laboratory, as well as the eggs<br />

themselves, are described and illustrated. The larvae and first postlarva are<br />

compared with those <strong>of</strong> the pink shrimp, P. duorarum Burkenroad, and white<br />

shrimp, P. setiferus (Linn.).<br />

Cook, Jonathan and Ali Hashim (1994). "Fiscal Alternatives for the<br />

Fisheries Sector." Draft, EPCS Economic Paper No. 4, Third<br />

Fisheries Project, Fisheries Economics and Statistics Program,<br />

Economic Planning and Coordination Section, Ministry <strong>of</strong> Fisheries<br />

and Agriculture, Male, Republic <strong>of</strong> Maldives, November, 33 pp.<br />

This study reviews the Maldives' overall fiscal situation and assesses<br />

the likely contribution <strong>of</strong> the <strong>fisheries</strong> sector in the medium term. Options<br />

for increasing revenues are discussed. The main recommendations are (1) the<br />

current exemption <strong>of</strong> fishing vessels from paying the vessel registration fee<br />

should be eliminated; (2) The 120 day rule should likewise be eliminated. A<br />

parallel regulation to ensure continued provision <strong>of</strong> landings data to the<br />

island clerks would be required, with loss <strong>of</strong> the fishing license imposed as a<br />

sanction in the event <strong>of</strong> non-reporting; (3) MIFCO currently provides about 40<br />

percent <strong>of</strong> the catching sector's fuel supplies. The company has recently been<br />

granted exemption from fuel excise. Since this will provide an unfair<br />

advantage compared to privates sector suppliers, it is suggested that the<br />

exemption be extended to all fuel supplies to the fishing industry; (4) While<br />

an export tax on processed fish represents a straight forward method <strong>of</strong><br />

revenue generation it is not recommended, based on both economic efficiency<br />

and social criteria. Overall, the government's options with respect to<br />

increasing revenues from the sector appear to be limited.<br />

Cooke, Larry (1985). "Introduction." Chapter 1 in Estimates <strong>of</strong><br />

Undiscovered, Economically Recoverable Oil and Gas Resources for<br />

the Outer Continental Shelf as <strong>of</strong> July, 1984. U.S. Department <strong>of</strong><br />

Interior, Minerals Management Service, Washington, D.C., pp. 1-19.<br />

This report presents estimates <strong>of</strong> the undiscovered economically<br />

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