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

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This paper applies elementary public choice theory to explain failures<br />

<strong>of</strong> fishery management and investigates how alternative financing methods may<br />

be able to correct this form <strong>of</strong> governmental failure. We argue that who<br />

pays and how they pay for management services influences policies and the<br />

economic performance <strong>of</strong> a fishery. In most countries, the general treasury<br />

finances nearly 100 percent <strong>of</strong> the cost <strong>of</strong> fishery management. This financing<br />

method, we reason, encourages inefficient use <strong>of</strong> research, decision-making and<br />

enforcement resources and results in poor management <strong>of</strong> <strong>fisheries</strong>. Currently<br />

there is a modest trend on the part <strong>of</strong> a few countries to reduce such<br />

inefficiencies by implementing user charges to recover a significant portion<br />

<strong>of</strong> the cost <strong>of</strong> managing their fishery resources. We analyze the economic<br />

efficiency consequences <strong>of</strong> user charges and other financing methods, and<br />

review the methods <strong>of</strong> financing fishery management for Australia, Canada,<br />

Denmark, and the United States.<br />

Andersen, Peder, Jon G. Sutinen, and Kathy Cochran (1998). "Paying for<br />

Fishery Management, Economic Implications <strong>of</strong> Alternative Methods<br />

<strong>of</strong> Financing Management." Prepared for presentation to the IXth<br />

Conference <strong>of</strong> the International Institute <strong>of</strong> Fisheries Economics<br />

and Trade, Tromso, Norway, 8-11 October(Revised).<br />

This paper applies elementary public choice theory to explain failures<br />

<strong>of</strong> fishery management and investigates how alternative financing methods may<br />

be able to correct this form <strong>of</strong> governmental failure. We argue that who<br />

pays and how they pay for management services influences policies and the<br />

economic performance <strong>of</strong> a fishery. In most countries, the general treasury<br />

finances nearly 100 percent <strong>of</strong> the cost <strong>of</strong> fishery management. This financing<br />

method, we reason, encourages inefficient use <strong>of</strong> research, decision-making and<br />

enforcement resources and results in poor management <strong>of</strong> <strong>fisheries</strong>. Currently<br />

there is a modest trend on the part <strong>of</strong> a few countries to reduce such<br />

inefficiencies by implementing user charges to recover a significant portion<br />

<strong>of</strong> the cost <strong>of</strong> managing their fishery resources. We analyze the economic<br />

efficiency consequences <strong>of</strong> user charges and other financing methods, and<br />

review the methods <strong>of</strong> financing fishery management for Australia, Canada,<br />

Denmark, and the United States.<br />

Anderson, E.D. (1980). "Analysis <strong>of</strong> Various Sources <strong>of</strong> Pelagic Shark<br />

Catches in the Northwest and Western Central Atlantic Ocean and<br />

Gulf <strong>of</strong> Mexico." Laboratory Reference Document No. 79-56,<br />

National Marine Fisheries Service, Northeast Fisheries Center,<br />

Woods Hole Laboratory, Woods Hole, MA, February, 37 pp.<br />

The purpose <strong>of</strong> this paper is to present (1) reported commercial catches<br />

<strong>of</strong> pelagic sharks in the U.S. FCZ in the Atlantic and Gulf <strong>of</strong> Mexico, (2)<br />

estimates <strong>of</strong> U.S. recreational catch, (3) estimates <strong>of</strong> bycatch in the U.S. and<br />

Canadian swordfish longline <strong>fisheries</strong>, (4) estimates <strong>of</strong> bycatch in the foreign<br />

squid trawl fishery in the Northwest Atlantic, and (5) estimates <strong>of</strong> bycatch in<br />

the Japanese tuna longline fishery. Other possible sources <strong>of</strong> bycatch are<br />

mentioned and the general limitations and inadequacies <strong>of</strong> the entire data base<br />

are discussed.<br />

Anderson, Eric E. (1986). "Taxes vs. Quotas for Regulating Fisheries<br />

Under Uncertainty: A Hybrid Discrete-Time Continuous-Time Model."<br />

Marine Resource Economics, 3(3):183-207.<br />

There is a wide variety <strong>of</strong> regulatory instruments available for<br />

achieving economic efficiency in markets where externalities exist. All <strong>of</strong><br />

them, when correctly designed, are equally effective, provided that complete<br />

information is available and that adjustments to the level <strong>of</strong> the instruments<br />

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