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

and Holly M. Hendrickson (1992). "Considerations for the
Potential Use of Individual Transferable Quotas in the Gulf of
Mexico Shrimp Fishery." Volume 3 of a report prepared for the
NOAA, NMFS, Silver Spring MD, January 17, pp. 125.
The report investigates the possibilities of developing an individual
transferable quota system for the Gulf of Mexico shrimp fishery. If industry
cooperation can be developed through a comanagement system, then the potential
for generating substantial net benefits for the fishery and the nation exist
through the increase in harvesting sector profits, declines in bycatch of
endangered species, and the increase in production of finfish in commercial
and recreational fisheries for bycatch finfish species. However, substantial
changes will have to occur in the shrimp fishery institutions that presently
exist. For example, a credit card system to record landings and price
information through a central clearing house will have to be implemented and
fishermen organizations will have to be developed by the industry.
Griffin, W.L., Holly Hendrickson, Chris Oliver, Gary Matlock, C.E.
Bryan, Robin Riechers, and Jerry Clark (1992). "An Economic
Analysis of Texas Shrimp Season Closures." A draft and revisions
submitted to the Marine Fisheries Review.
Management of the Texas penaeid shrimp fishery is aimed at increasing
revenue from brown shrimp (Penaeus aztecus) landings and decreasing the level
of discards. Since 1960 Texas has closed its territorial sea for 45 to 60
days during peak migration of brown shrimp to the Gulf of Mexico. In 1981,
the closure was extended to 200 miles to include the U.S. Exclusive Economic
Zone. In this study, simulation modeling was used to estimate the changes in
landings, revenue, costs, and economic rent attributable to the Texas closure.
Four additional analyses were conducted to estimate the effects of closing the
Gulf 1-4 fathom zone for 45 to 60 days, with and without effort redirected to
inshore waters. Distributional impacts were analyzed in terms of costs,
revenues, and rents, by vessel class, shrimp species, vessel owner, and crew.
Two problems with the theoretical discussion of the model appear to
exist in the article. The movement along the preclosure yield curve should
actually occur on the post closure yield curve. This leads to an incorrect
interpretation of short run rent generated by the regulation. That is, effort
increases prior to the management regulation. Secondly, the costs curves are
incorrectly defined. The equilibriums and the resulting interpretations of
rent appear to be different for each curve.
Griffin, W.L., Holly Hendrickson, Chris Oliver, Gary Matlock, C.E.
Bryan, Robin Riechers, and Jerry Clark (1993). "An Economic
Analysis of Texas Shrimp Season Closures." Marine Fisheries
Review, 54(3):21-28.
Management of the Texas penaeid shrimp fishery is aimed at increasing
revenue from brown shrimp, Penaeus aztecus, landings and decreasing the level
of discards. Since 1960 Texas has closed its territorial sea for 45-60 days
during peak migration of brown shrimp to the Gulf of Mexico. In 1981, the
closure was extended to 200 miles to include the U.S. Exclusive Economic Zone.
Simulation modeling is used in this paper to estimate the changes in landings,
revenue, costs, and economic rent attributable to the Texas closure. Four
additional analyses were conducted to estimate the effects of closing the Gulf
1 to 4 fathom zone for 45 and 60 days, with and without effort redirected to
inshore waters. Distributional impacts are analyzed in terms of costs,
revenues, and rents, by vessel class, shrimp species, vessel owner, and crew.
Griffin, Wade, Chris Oliver, Bruce McCarl, Gary Matlock, C.E. Bryan,
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