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

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these findings are indicated.<br />

Flagg, V.G. (1977). "Optimal Output and Economic Rent <strong>of</strong> the Eastern<br />

Tropical Pacific Tuna Fishery: An Empirical Analysis." American<br />

Journal <strong>of</strong> Economics and Sociology, 36(1):19-32.<br />

An empirical analysis <strong>of</strong> the yellowfin tuna catch <strong>of</strong> the eastern<br />

tropical Pacific tuna fishery indicates that the difference between maximum<br />

sustainable yield and maximum economic yield varies directly with the cost per<br />

unit <strong>of</strong> effort and inversely with the price per unit <strong>of</strong> output. If costs do<br />

not rise, the difference approaches zero in a fishery characterized by<br />

expanding demand and price. If overcapitalization were avoided, resource rent<br />

could be maximized.<br />

Fletcher, Jerald J., Richard E. Howitt, and Warren E. Johnston (1988).<br />

"Management <strong>of</strong> Multipurpose Heterogeneous Fishing Fleets Under<br />

Uncertainty." Marine Resource Economics, 4:249-270.<br />

This paper describes an approach to modeling <strong>fisheries</strong> in policy<br />

analysis when the population dynamics are not well known and the fleet is<br />

composed <strong>of</strong> a variety <strong>of</strong> multipurpose vessels. An empirical application <strong>of</strong><br />

the methodology to the northern California Dungeness crab fishery is<br />

discussed. A multivariate time series intertemporal (year to year)<br />

relationships for a simulation model describing both within season and year to<br />

year fleet behavior. Appropriate modifications for the simulation model<br />

parameters reflect alternative policy scenarios. The analysis <strong>of</strong> the<br />

simulation outcomes provide insight into fleet response to several management<br />

alternatives that have been considered for the crab fishery.<br />

Flood, R.C. (1991). The Cost and Earnings <strong>of</strong> Capture Fisheries, Aquaculture,<br />

and Livestock Industry - A Selective Annotated Bibliography. FAO<br />

Fisheries Circular No. 843, Fishery Development Planning Service,<br />

Fishery Policy and Planning Division, Fisheries Department, Food and<br />

Agriculture Organization <strong>of</strong> the United Nations, Rome, November, 32 pp.<br />

This <strong>bibliography</strong> aims to facilitate access to recorded experience and<br />

data regarding the costs and earnings in <strong>fisheries</strong> and livestock industry, to<br />

stimulate the sharing <strong>of</strong> information and to broaden knowledge in the field.<br />

Folsom, William B. (1995). World Swordfish Fishing, An Analysis <strong>of</strong><br />

Swordfishing Operations Past - Present - Future. Draft Volume II.<br />

Africa and the Middle East, <strong>Office</strong> <strong>of</strong> International Affairs, National<br />

Marine Fisheries Service, 1315 East-West Highway, Silver Spring,<br />

Maryland.<br />

Twelve African nations fishing for swordfish caught 2,166 tons in 1994.<br />

The majority <strong>of</strong> the catch was made by Morocco who caught 1,068 tons in the<br />

North Atlantic and Mediterranean Sea. Algerian fishermen caught 600 tons and<br />

Tunisian fishermen caught 234 tons in the Mediterranean while Ghanaian canoe<br />

fishermen landed 235 tons in the South Atlantic. The importance <strong>of</strong> the<br />

fishing grounds <strong>of</strong>f West and Southwest Africa is not the harvest <strong>of</strong> African<br />

fishermen -- mostly artisanal canoe fishermen -- but rather the potential for<br />

significant catches by European flag or Asian flag fishermen. The Spanish<br />

swordfish fleet moved into the South Atlantic in 1986 and by 1994 reported a<br />

harvest <strong>of</strong> 7,937 tons -- as compared with 264 tons harvested by Angola, Benin,<br />

Ghana, Ivory Coast, Nigeria, South Africa, and Togo in these same waters in<br />

1994. In the Mediterranean Sea the North African nations face problems<br />

associated with over exploitation during the past few decades that makes<br />

catching swordfish increasingly difficult. Kenyan fishermen reported modest<br />

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