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

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Aguirre International, Bethesda, MD for the National Oceanic and<br />

Atmospheric Administration, 1315 East-West Highway, Silver Spring, MD.<br />

Aguirre International was engaged to report on the social and cultural aspects<br />

<strong>of</strong> the multispecies groundfish fishery by ascertaining community-dependence on<br />

the MGF, providing information on the demographics <strong>of</strong> the fishing industry,<br />

identifying social science data bases that could be used in follow-up studies<br />

and developing a classification system that will aid in predicting the social<br />

impacts <strong>of</strong> the changing fishery regulations on fishery dependent communities.<br />

Grigalunas, Thomas (1984). "Hydrocarbon Economics." Chapter 22 in<br />

Resource Use and Use Conflicts in the Exclusive Economics Zone.<br />

Proceedings <strong>of</strong> Workshop sponsored by the Center for Ocean<br />

Management Studies.<br />

Economic issues in managing the exclusive economic zone (EEZ) are<br />

discussed based on experiences with the Outer Continental Shelf Lands Act<br />

Amendments <strong>of</strong> 1978. Specifically, regulations versus economic incentives to<br />

avoid oil spills, social trade<strong>of</strong>fs <strong>of</strong> alternative leasing systems, and the<br />

rate <strong>of</strong> leasing are discussed. Basically, the EEZ proclamation does not raise<br />

any fundamentally new management issues for oil and gas exploitation in<br />

federal waters. Nonetheless, the economic importance <strong>of</strong> the hydrocarbon<br />

resources in federal waters, the variety <strong>of</strong> diverging interests concerned with<br />

their development, and the movement <strong>of</strong> exploitation toward deeper waters and<br />

harsher environments assure that the management <strong>of</strong> oil and gas in the EEZ will<br />

remain a topic <strong>of</strong> considerable significance and public debate.<br />

Grigalunas, Thomas A., James J. Opaluch, Deborah French, and Mark Reed<br />

(1986). "Measuring Damages to Marine Natural Resources:<br />

Application <strong>of</strong> An Integrated Ocean Systems/Economic Model." Draft<br />

report, Economic Analysis Inc., Wakefield, R.I., July, 32 pp.<br />

Several pieces <strong>of</strong> federal environmental regulation establish strict<br />

liability for damages from spills <strong>of</strong> oil and hazardous substances. This paper<br />

discusses the approach proposed by the U.S. Department <strong>of</strong> Interior for<br />

evaluating "Type A" spills <strong>of</strong> oil or hazardous substances in the marine<br />

environment. The approach employs an integrated ocean systems/economic model<br />

to simulate the physical fates, biological effects, and the resulting economic<br />

damages from spills in the marine environment. Some preliminary results are<br />

presented for hypothetical spills <strong>of</strong> a number <strong>of</strong> substances in a variety <strong>of</strong><br />

environments. The results show that the size and shape <strong>of</strong> the damage function<br />

depend on a variety <strong>of</strong> properties <strong>of</strong> the substance spilled and the environment<br />

in which the spill occurs.<br />

Grigalunas, Thomas A., Robert C. Anderson, Gardner M. Brown, Jr., Richard<br />

Congar, Norman F. Meade, and Philip E. Sorensen (1986). Estimating the<br />

Cost <strong>of</strong> Oil Spills: Lessons from the Amoco Cadiz Incidence. Marine<br />

Resource Economics, 2(3):239-262.<br />

This paper addresses some <strong>of</strong> the conceptual and empirical issues<br />

involved with estimating the economic costs <strong>of</strong> oil spills, using a<br />

comprehensive economic analysis <strong>of</strong> the 1978 supertanker Amoco Cadiz incident<br />

as a case study. Estimates are made <strong>of</strong> the market and nonmarket-valued costs<br />

<strong>of</strong> the spill and their distribution among the residents <strong>of</strong> the affected<br />

region, the nation, and the rest <strong>of</strong> the world. The implications <strong>of</strong> the case<br />

study for the analysis <strong>of</strong> future oil spill incidents are examined.<br />

Griffin, James M. and Henry B. Steele (1980). Energy Economics and<br />

Policy. Academic Press, Inc., New York.<br />

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