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

the domestic fishing industry. This paper examines the economic consequences
of extended jurisdiction on the New England otter trawl fleet. The
traditional analyses of exploited fisheries show that in the absence of
controls on entry into the domestic fishery exclusion of foreign fleets will
only yield temporary economic surpluses as rents will eventually be dissipated
by additional domestic fishing effort. Using a simulation program for this
fishery, revenues and costs for representative vessels from four major New
England ports from 1976 to 1982 are calculated, and net economic returns to
owners, captains, and crew are estimated. For three of the four ports
considered, the estimated real economic surplus for the typical vessel peaked
in 1977-78 and declined dramatically through 1982. While this result is
consistent with rent dissipation through overfishing, other factors indicate
that this decline in economic surplus may be due to exogenous factors.
Crutchfield, Stephen R. and John M. Gates (1985). "The Impact of
Extended Fisheries Jurisdiction on the New England Otter Trawl
Fleet." Marine Resource Economics, 2(2):153-173.
During the introduction of the Magnuson Fisheries Conservation and
Management Act (MFCMA) of 1976 it was widely anticipated that extension of
fishery jurisdiction to 200 miles by the United States would result in
substantial economic benefits to the domestic fishing industry. The
traditional analyses of exploited fisheries show that in the absence of
controls on entry into the domestic fishery, exclusion of foreign fleets will
only yield temporary economic rents which will eventually be dissipated by
additional domestic fishing effort. This paper examines post-MFCMA trends for
the New England Otter Trawl fleet to determine the extent to which this
hypothesis holds. By using a simulation program for this fishery, revenues
and costs for representative vessels from four major New England ports from
1976 to 1982 were calculated and factor rents to owners, captains, and crew
were estimated. For three of the four ports considered, the estimated real
economic surplus for the typical vessel peaked in 1977-1978 and declined
dramatically through 1982. While this finding indicates that some of the
potential rents from the fishery may have been dissipated by a substantial
increase in fleet size, other indicators show that this decline in economic
surplus may have been due to exogenous factors and not rent dissipation as
predicted by standard models.
Cumberland, John H. (1987). "Need Economic Development be Hazardous to
the Health of the Chesapeake Bay?" Marine Resource Economics,
4:81-93.
This paper adds environmental and mass balance relationships to an
economic model to explore the welfare implications of alternative patterns of
regional development. It concludes that improvements in welfare can be
achieved by selecting those types of economic activity that yield high ratios
of economic benefit per unit of pollution generated. Methods are examined for
achieving selectivity in designing economic development programs to capture
the benefits of development while protecting environmental resources.
Cummins, Robert C., Jr. and Albert C. Jones (1973). "Distribution of
Commercial Shrimp off the Northeastern Coast of South American."
Marine Fisheries Review, 35(3-4):31-35.
A report on the RV Oregon II survey of the shrimp fishing grounds off
the coasts of Guyana, Surinam, and French Guiana in June and July of 1972.
Cummings, N.J. and T.W. Chewning (1986). "Recent Catch and Catch per
Unit of Effort of the Gulf of Mexico Red Snapper and Grouper
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