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

This report provides current information on the economics of owning and
operating a shrimp vessel in the Gulf of Mexico for the period 1971-1975. The
break-even annual shrimp catches with various ex-vessel shrimp prices for
1971, 1973, 1974, and 1975 are estimated and the expected cost and returns in
1975 are evaluated.
Griffin, Wade L., Deborah Tolman, and Chris Oliver (1993). "Economic
Impacts of TEDs on the Shrimp Production Sector." Society and
Natural Resources, 6:291-308.
The economic impact of the effects of the Turtle Excluder Device (TEDs)
used in the Gulf of Mexico to control the numbers of turtles caught in shrimp
trawl nets is analyzed. This is a major concern to the shrimp fishing economy
due to the potential loss of shrimp. A simulation modeling technique is used
which estimates the changes in landings, revenues, costs, and the economic
rents. A base scenario in which no TEDs are used is compared with five
different scenarios where the TED is used by vessels in the Gulf of Mexico.
The analysis was based on a single year impact. The implementation of the TED
comes with costs to the vessel owners and crew in the Gulf of Mexico. Since
the implementation of the TEDs does cause negative rent, it is a certainty,
all other things remaining equal, that some vessel owners and crew will leave
the industry. The number to leave the industry will depend on how effective
they are at learning to use the TED effectively.
Griffin, Wade L., John Ward, and James Nance (1996). "A Bioeconomic
Analysis of Existing and Proposed Management Alternatives to
Control Sea Turtle Mortality In the Gulf of Mexico Shrimp
Fishery." Presentation, Symposium on the Consequences and
Management of Fisheries Bycatch, the American Fisheries Society
Annual Meeting, Dearborn Michigan, August 26-29, 13 pp.
The General Bioeconomic Fishery Simulation Model was used to examine the
effectiveness of four proposed management alternatives to reduce sea turtle
bycatch in the Gulf of Mexico shrimp fishery.
Griffin, Wade L., John Ward, and James Nance (1996). "A Bioeconomic
Analysis of Management Alternatives to Control Sea Turtle
Mortality In the Gulf of Mexico Shrimp Fishery." Proceedings,
Fisheries Bycatch: Consequences and Management, Alaska Sea Grant
Report 97-02: 57-62, Dearborn Michigan, August 27-28, 13 pp.
The General Bioeconomic Fishery Simulation Model was used to examine the
effectiveness of four proposed management alternatives to reduce sea turtle
bycatch in the Gulf of Mexico shrimp fishery.
Griffin, Wade L., Newton J. Wardlaw, and John P. Nichols (1976).
"Economic and Financial Analysis of Increasing Costs in the Gulf
Shrimp Fleet." Fishery Bulletin, 74(2):301-309.
The 115 Gulf of Mexico shrimp vessels used in this study were grouped
into classes I (larger vessels) through V (smaller vessels) based on their
type of construction, length of keel, and index of effort. In 1973, class II
vessels were the only vessels able to register a positive return to owner's
labor and management, $560; the other four classes registered negative
returns. The payback period occurred during the eighth year due to the sale
of the vessels in classes II, III, and V, whereas payback did not occur for
classes I and IV. A positive rate of return on investment was experienced by
the vessels in classes II, III, and V in the amount of 13.21, 2.65, and 2.63%,
respectively. The internal rate of return on investment was negative for
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