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

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Hopkins, Jane Chadwick (1983). "An Analysis <strong>of</strong> the Impact <strong>of</strong><br />

Alternative Import Management Policies for Shrimp." Thesis,<br />

Department <strong>of</strong> Agricultural Economics, Texas A&M University,<br />

December, 117 pp.<br />

A five equation econometric model was specified and estimated using<br />

1955-1980 data to analyze restrictive import policies. Benefits <strong>of</strong> such<br />

measures were found to be tenuous in simulations with benefits dissipated<br />

through new entrants. While all <strong>of</strong> the policies led to only modest<br />

improvements in the price level, the variability in prices was reduced. The<br />

benefits from restricting imports may not be as readily apparent as has been<br />

suggested by some advocates.<br />

Hornbaker, Robert H., Bruce L. Dixon, and Steven T. Sonka (1989).<br />

"Estimating Production Activity Costs for Multioutput Firms with a<br />

Random Coefficient Regression Model." American Journal <strong>of</strong><br />

Agricultural Economics, 71(1): 167-177.<br />

A random coefficient regression model provides an approach for<br />

estimating the mean variable costs <strong>of</strong> specific enterprise production<br />

activities for each output over a population <strong>of</strong> multioutput firms. The model<br />

specifically acknowledges that these farm level costs vary from farm to farm.<br />

In addition, best linear unbiased predictions can be estimated for each<br />

activity for an individual farm. The mean estimates are quite useful for ex<br />

post cost analysis, thereby providing per unit cost estimates for farmers,<br />

governmental agencies, and researchers. The best linear unbiased predictions<br />

can be used by individual farmers for planning yearly operations, applying for<br />

operating loans, and analyzing marketing strategies.<br />

Hotelling, Harold (1931). "The Economics <strong>of</strong> Exhaustible Resources."<br />

Journal <strong>of</strong> Political Economy, 39(2):137-175.<br />

The comparative static theory <strong>of</strong> <strong>economics</strong> does not lend itself to an<br />

analysis <strong>of</strong> natural resources that are nonrenewable or are renewable at slow<br />

rates (forests, oil, etc.). A dynamic approach to solving resource allocation<br />

over time is presented using the calculus <strong>of</strong> variations.<br />

Houde, Edward D. (1993). Results <strong>of</strong> the 1993 Species Working Group<br />

Workshop. Report <strong>of</strong> the Swordfish Working Group ICCAT Advisory<br />

Committee Meeting.<br />

Recommendations <strong>of</strong> the working group to the Advisory Committee on stock<br />

identification and structure, age and growth, minimum size regulations,<br />

catches and CPUE, and the need for earlier assessments.<br />

Houston, Jack E. and Amelia E. Nieto (1988). "Regional Shrimp Market<br />

Responses to Domestic Landings and Imports." Journal <strong>of</strong> Food<br />

Distribution Research, Feb:99-107.<br />

U.S. shrimp landings are divided into four geographic regional markets<br />

and may be further subdivided into species and size characteristics.<br />

Seemingly unrelated regressions are used to analyze regional price responses<br />

<strong>of</strong> variable annual landings <strong>of</strong> shrimp. The contemporaneous correlation <strong>of</strong><br />

competing market supplies and demands accounted for an improvement in<br />

forecasting reliability in each area and for species and size relationships.<br />

Imports were shown to affect regional markets unevenly, having a significantly<br />

higher impact on south Atlantic shrimp prices than on Gulf <strong>of</strong> Mexico, West<br />

Coast, or New England markets. Real disposable personal income affected West<br />

Coast and south Atlantic prices much more dramatically than those <strong>of</strong> Gulf<br />

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