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

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Gordon, H. Scott (1958). "Economics and the Conservation Question."<br />

Journal <strong>of</strong> Law and Economics, 14:110-121.<br />

The chief purpose <strong>of</strong> this paper is to present, in as nontechnical terms<br />

as possible, the basic economic theory <strong>of</strong> the conservation problem. It is<br />

written with the hope <strong>of</strong> contributing something towards the rationalization <strong>of</strong><br />

conservation policy by making the economist's point <strong>of</strong> view more widely<br />

understood.<br />

Gorte, Ross W., Eugene H. Buck, David M. Sale, and Adrienne C. Grenfell<br />

(1985). "Limiting Access for Commercial Fish Harvesting."<br />

Prepared at the Request <strong>of</strong> the House Committee on Merchant Marine<br />

and Fisheries by Congressional Research Service, The Library <strong>of</strong><br />

Congress, Washington, D.C. 20540, October 7, 71 pp.<br />

Commercial fish harvesters are <strong>of</strong>ten able to exploit <strong>fisheries</strong> resources<br />

beyond sustainable levels, heightening competition and reducing their incomes.<br />

Limited access (restricting who is allowed to harvest <strong>fisheries</strong> resources) is<br />

one approach to addressing such problems. This paper describes the three<br />

basic limited access mechanisms (input restrictions: licenses and permits;<br />

economic disincentives: taxes and fees; and harvest allocations: harvester<br />

quotas and shares) and briefly catalogs existing limited access programs.<br />

There are also sections on case law involving limited access in the United<br />

States and on access to other natural resources as well as an extensive<br />

<strong>bibliography</strong> on limited access.<br />

Gosselink, James G., Eugene P. Odum, and R.M. Pope (1974). "The Value<br />

<strong>of</strong> the Tidal Marsh." LSU-SG-74-03, Center For Wetland Resources,<br />

Louisiana State University, Baton Rouge, LA.<br />

Natural tidal marshes are evaluated in monetary terms. Byproduct<br />

production (<strong>fisheries</strong>, etc.) on a per acre basis yields a value <strong>of</strong> only about<br />

$100 per year, even when the whole value <strong>of</strong> the fishery is imputed to the<br />

marsh. More intensive uses, such as oyster aquaculture, that preserve many <strong>of</strong><br />

the natural functions <strong>of</strong> the marsh-estuarine ecosystem, have a potential up to<br />

$1000 per acre per year. The potential for waste assimilation is much higher,<br />

about $2500 per acre per year for tertiary treatment. Summation <strong>of</strong> the<br />

noncompeting uses approaches an ecological life support value <strong>of</strong> about $4000<br />

per acre per year, based on the gross primary productivity (in energy terms)<br />

<strong>of</strong> the natural marsh, using a conversion ratio from energy to dollars based on<br />

the ratio <strong>of</strong> Gross National Product to National Energy Consumption. When<br />

these annual social values <strong>of</strong> $2500 - $4000 are income capitalized at a 5%<br />

interest rate the estimated total social values are $50,000 to $80,000 per<br />

acre. Some estuaries, such as the Potomac or the Hudson, are now performing<br />

waste assimilation work <strong>of</strong> even greater value, but such estuaries are<br />

overloaded to the point <strong>of</strong> degradation.<br />

Analysis based on the total value <strong>of</strong> the life support role <strong>of</strong> a natural<br />

tidal marsh-estuary suggests that a strategy <strong>of</strong> optimization in land use<br />

planning should replace, or supplement, reliance on the pricing system which<br />

is inadequate for preservation <strong>of</strong> natural systems that increase in value with<br />

the intensity <strong>of</strong> adjacent development.<br />

Gottinger, Hans Werner (ed.) (1974). Systems Approaches and<br />

Environmental Problems. Vandenhoeck & Ruprecht, Gottingen,<br />

Germany.<br />

An international conference on new methods and techniques relating to<br />

the problems involved in solving environmental problems using systems theory.<br />

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