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

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limited number <strong>of</strong> socio-economic questions to an existing national<br />

recreational survey.<br />

Gautam, Amy Buss and Ivar Strand (1995). Leisure/Labor Trade<strong>of</strong>fs: The<br />

Backward-Bending Labor Supply in Fisheries. Journal <strong>of</strong> Environmental<br />

Economics and Management, draft, 23 pp.<br />

Economists have understood that the open access nature <strong>of</strong> fishing<br />

grounds can cause the long run fishery supply to bend backward. There is also<br />

increasing speculation that fishermen respond to falling output price either<br />

by increasing or decreasing effort, depending on the circumstances. This<br />

suggests a short run backward bending supply <strong>of</strong> fishing labor. A dynamic<br />

model <strong>of</strong> fishermen s behavior is developed to account for the behavior. The<br />

model highlights both contemporaneous and intertemporal trade <strong>of</strong>fs between<br />

labor and leisure. The model is tested and the results indicate that the<br />

short run labor supply in <strong>fisheries</strong> may exhibit backward bending properties.<br />

A discussion explains by these results challenge many traditional regulatory<br />

strategies (e.g. output taxes) that address problems <strong>of</strong> open access.<br />

Gautam, Amy Buss, Ivar Strand, and James Kirkley (1996). Leisure/Labor<br />

Trade<strong>of</strong>fs: The Backward-Bending Labor Supply in Fisheries. Journal <strong>of</strong><br />

Environmental Economics and Management, 31(3):352-367.<br />

Economists have understood that the open access nature <strong>of</strong> fishing<br />

grounds can cause the long run fishery supply to bend backward. There is also<br />

increasing speculation that fishermen respond to falling output price either<br />

by increasing or decreasing effort, depending on the circumstances. This<br />

suggests a short run backward bending supply <strong>of</strong> fishing labor. A dynamic,<br />

utility-theoretic model <strong>of</strong> fishermen s behavior is developed to address this<br />

possibility. The model highlights both contemporaneous and intertemporal<br />

trade <strong>of</strong>fs between labor and leisure. The model is tested and the results<br />

indicate that the short run labor supply in <strong>fisheries</strong> may exhibit backward<br />

bending properties. The results challenge many traditional regulatory<br />

strategies (e.g. output taxes) that address problems <strong>of</strong> open access.<br />

Gauvin, John (1990). "Estimation <strong>of</strong> Supply and Demand Functions for<br />

Broadbill Swordfish in the United States." Draft report, South<br />

Atlantic Fishery Management Council, Charleston, South Carolina,<br />

January, 14 pp.<br />

Using a two stage least squares simultaneous equation model, an analysis<br />

<strong>of</strong> swordfish supply and demand in the United States is presented. The<br />

estimated model is used to determine the impacts <strong>of</strong> proposed management<br />

regulations for consumer and producer surplus measures is discussed.<br />

Gauvin, John (1993). "Discussion and Clarification <strong>of</strong> the Economic<br />

Issues Involved with King Mackerel Trip Limits or TACs by Gear."<br />

Draft and Final report, South Atlantic Fisheries Management<br />

Council, Charleston, South Carolina.<br />

Good descriptive discussion <strong>of</strong> net benefits applied to the proposed king<br />

mackerel management plan.<br />

Gauvin, John R. (1994). The South Atlantic Wreckfish Fishery: A Preliminary<br />

Evaluation <strong>of</strong> the Conservation Effects <strong>of</strong> a Working ITQ System. In<br />

Karyn L. Gimbel (ed.) Limiting Access to Marine Fisheries: Keeping the<br />

Focus on Conservation, Center for Marine Conservation and the World<br />

Wildlife Fund, Washington, D.C.<br />

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