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

Dunn, James W. and James S. Shortle (1988). "Agricultural Nonpoint
Source Pollution Control in Theory and Practice." Marine Resource
Economics, 5(3):259-270.
The theory of efficient policy instruments for agricultural pollution
control has been evolving. Some new developments suggest that policies using
financial incentives to encourage desirable farming practices are superior to
those focusing on runoff directly or restrictions of farming practices.
However, the theoretical models used to derive such results make assumptions
about conditions that may not hold. As a result, implementation of the
findings of such models is not necessarily routine. This article attempts to
summarize these studies and interpret their implications for agricultural
nonpoint source pollution control for the Chesapeake Bay.
Dupont, D.P. (1987). "Input Substitution and Rent Dissipation in the
British Columbia Commercial Salmon Fishery." Draft report,
University of British Columbia.
The paper presents a short run model of a fishing firm in a limited
entry fishery subject to vessel level input restrictions. Cross sectional
data from the British Columbia commercial salmon fishery are used to test for
the presence of input substitutability. Inferences may then be made about the
ability of the fisherman to dissipate rent from the fishery. The choice of
this fishery is appropriate, since it was one of the first to adopt limited
entry licensing to combat the problems generated by years of open access
fishing.
Dupont, D.P. (1990). "Rent Dissipation in Restricted Access Fisheries."
Journal of Environmental Economics and Management, 19:26-44.
Restricted access fisheries, created to solve the open access problem of
rent dissipation, have not been successful. Three common sources of
dissipated rent are input substitution, fleet redundancy, and fleet
composition. Regulators on the west coast of Canada have focused on finding
solutions for the first source. This paper questions the wisdom of past
policy by developing and implementing a method for measuring rent dissipation
in restricted access fisheries. Results from the British Columbia salmon
fishery suggest that regulators should concentrate instead on improving fleet
composition and removing excess vessels.
Dupont, D.P. (1991). "Testing for Input Substitution in a Regulated
Fisheries." American Journal Agricultural Economics, February,
155-164.
Input restrictions are commonly used to prevent rent dissipation in
fisheries. This paper examines whether these schemes are successful by
calculation the degree of input substitution between restricted and
unrestricted inputs. Conventional elasticities of substitution cannot be used
when the firm faces controls on the use of some inputs. In this case, the
appropriate measure of substitution, the elasticity of intensity, must be
used. Data from the British Columbia salmon fishery provide evidence of input
substitution possibilities for two vessel types. These results call into
question the usefulness of input control schemes.
Dupont, D.P. (1993). "Price Uncertainty, Expectations Formation and
Fishers' Location Choices." Presented at the International
Conference on Fisheries Economics, Os, Norway, May 26-28.
This paper deals with the effects of uncertain output prices upon
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