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

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estimated. A proposed budget is presented.<br />

Fox, William W., Jr. (1991). "Focus on the Fisheries." Washington<br />

Post, August 24., Washington, D.C.<br />

A rebuttal to an editorial (included) that suggests that fishery<br />

resources are being depleted under federal management. The principles <strong>of</strong><br />

renewable marine resources, the failure <strong>of</strong> open access, and individual<br />

transferable quotas are advanced as the goals and objectives <strong>of</strong> the National<br />

Marine Fisheries Service.<br />

Frank, Kenneth T., R. Ian Perry, and Kenneth F. Drinkwater (1990).<br />

"Predicted Response <strong>of</strong> Northwest Atlantic Invertebrate and Fish<br />

Stocks to CO 2 -Induced Climate Change." Transactions <strong>of</strong> the<br />

American Fisheries Society, 119:353-365.<br />

We discuss the effect <strong>of</strong> changes in oceanographic conditions induced by<br />

a global increase in atmospheric CO 2 on the location, composition, and<br />

recruitment <strong>of</strong> invertebrate and finfish populations inhabiting the region from<br />

the Gulf <strong>of</strong> Maine to the Labrador Shelf. Published studies exist for the<br />

region that link historical climate fluctuations with fish distributions or<br />

that use physical data as proxy variables for nutrient flux, advection, and<br />

stratification to predict species recruitment patterns and stock size<br />

differences. We used these models in conjunction with a physical<br />

oceanographic scenario resulting from a doubling <strong>of</strong> atmospheric CO 2 to<br />

speculate on the most probable consequences to the <strong>fisheries</strong> <strong>of</strong> Atlantic<br />

Canada. For example, a general warming and freshening <strong>of</strong> the continental<br />

shelf waters is anticipated. We expect this to lead to shifts in the<br />

geographic distribution <strong>of</strong> several commercially important groundfish stocks,<br />

especially those that are presently at the extreme limits <strong>of</strong> their species<br />

ranges. Earlier arrival times and later departures are expected for pelagic<br />

species that undergo extensive seasonal migrations. Higher temperatures and<br />

increased water column stratification may result in less organic material<br />

reaching the bottom and tend to favor a pelagic fish community. Our analysis<br />

is highly speculative, in part because <strong>of</strong> uncertainties in the predicted<br />

physical changes, but also because <strong>of</strong> the limited knowledge <strong>of</strong> the processes<br />

linking physical oceanography with <strong>fisheries</strong>.<br />

Fraser, G. Alex (1979). "Limited Entry: Experience <strong>of</strong> the British<br />

Columbia Salmon Fishery." J. Fish. Res. Board Can., 36:754-763.<br />

In 1969 a program <strong>of</strong> limited entry was introduced in the B.C. salmon<br />

fishery; this indicates the near desperation <strong>of</strong> <strong>fisheries</strong> managers at the<br />

apparent bankruptcy <strong>of</strong> more traditional management measures. Also, this<br />

introduction represents a significant break in traditional management<br />

orientation. The goals <strong>of</strong> management were broadened to encompass not only<br />

resource conservation, but also socioeconomic rationalization. Unfortunately,<br />

the program was ill designed to achieve either objective. In spite <strong>of</strong> license<br />

limitation it appears that fishing costs and fishing capacity are still<br />

growing at a rapid rate. Although vessel numbers are declining, much <strong>of</strong> the<br />

potential benefits are being <strong>of</strong>fset by increasing capacity and capital<br />

intensity in the individual vessels that now make up the limited fleet. While<br />

some benefits may remain from the program due to the rapid increase in the<br />

value <strong>of</strong> the salmon resource over recent years, the distribution <strong>of</strong> these<br />

benefits is somewhat anomalous. The public purse has gained little because<br />

license revenues represent a small proportion <strong>of</strong> the total management costs <strong>of</strong><br />

the fishery. At the same time, it cannot be interpreted that fishermen will<br />

be the long run beneficiaries <strong>of</strong> the program. The only clear winners are the<br />

original group <strong>of</strong> license holders. Various adjustments in the structure <strong>of</strong><br />

2 0 4

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