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

generated the most concern, would apportion specific shares of the allowable
catch to each of the two harvesting sectors, inshore and offshore, along with
a set-aside for Alaska community development. The potential transfer is of
enormous economic value for industry participants and underscores the
importance of identifying the net economic gains or losses to the nation that
might arise under the proposed allocation scheme. For these reasons, a
benefit-cost analysis was pivotal in the allocation decisions reached by the
U.S. Department of Commerce. The benefit-cost analysis of the allocation
proposal served to focus attention on the need for consistent social welfare
accounting, of the kind that benefit-cost analysis provides, when management
actions are evaluated. Conceptual and practical problems associated with the
analysis are discussed as well as their solutions, and fundamental concerns
that may be peculiar to benefit-cost analysis in fisheries are specifically
noted.
Herrmann, Mark (1993). "Using an International Econometric Model to
Forecast Alaska Salmon Revenues." Presented at the International
Conference on Fisheries Economics, Os, Norway, May 26-28.
A revenue analysis was performed as part of a comprehensive review of
the Alaska salmon enhancement program to examine the effects of various salmon
enhancement production levels on future revenue generated to salmon fishers
working in Alaska waters. The results were then used in a cost benefit
analysis of the state's enhancement program for sockeye, chinook, coho, chum,
and pink salmon. Results of the revenue analysis indicate that for all
species, except pink salmon, future revenues would increase if output from
salmon enhancement were expanded. For pink salmon, revenues would decrease if
salmon enhancement were expanded and increase if salmon enhancement were
scaled back. However, a complete elimination of the pink hatchery program
would decrease revenues. For all species, there are important regional
differences.
Herrmann, Mark (1993). "Using an International Econometric Model to
Forecast Alaska Salmon Revenues." Marine Resource Economics, 8(3):
249-271.
As Alaska prices tumbled in the 1990's, Alaska's Senate Special
Committee on Domestic and International Commercial Fisheries requested a
comprehensive review of the Alaska salmon enhancement program. As a part of
this review, a revenue analysis was performed to examine the effects of
various salmon enhancement production levels on future revenue generated to
salmon fishers working in Alaska waters. The results were then used in a
cost/benefit analysis of the state's enhancement program for sockeye, chinook,
coho, chum, and pink salmon. This report focuses on the two most important
Alaska salmon species, sockeye and pink. Results of the revenue analysis
indicate that for sockeye salmon, future revenues would increase if output
from salmon enhancement were expanded. For pink salmon, revenues would
decrease if salmon enhancement were expanded and increase if salmon
enhancement were scaled back. However, a complete elimination of the pink
hatchery program would decrease revenues. For both species, there are
important regional differences.
Herrmann, Mark and Joshua A. Greenberg (1994). "A Revenue Analysis of
the Alaska Pink Salmon Fishery." North American Journal of
Fisheries Management, 14: 537-549.
The Alaska salmon industry is suffering from declining prices due to an
increasing supply of Salmon worldwide. This has led to a much needed economic
evaluation of the Alaska salmon enhancement program and especially of the
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