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

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Coast markets. The composition <strong>of</strong> the catch by size and species in each<br />

season introduced variable responses by regional market. Also, south Atlantic<br />

appeared least price-sensitive to its own catch.<br />

Houston, Jack E., Amelia E. Nieto, James E. Epperson, Ho-Shui Li, and<br />

George W. Lewis (1989). "Factors Affecting Local Prices <strong>of</strong> Shrimp<br />

Landings." Marine Resource Economics, 6:163-172.<br />

Variation in the species and size composition <strong>of</strong> local and regional<br />

shrimp landings result in uncertain and sometimes volatile ex-vessel prices<br />

paid to fishermen. A seemingly unrelated regressions price-modeling framework<br />

was used to forecast contemporaneous price effects <strong>of</strong> the composition <strong>of</strong><br />

shrimp landing in closely associated market regions. Price responses to U.S.<br />

regional shrimp landings and to imports were significantly related to<br />

differentiated markets by species and location. Regional consumer income<br />

impacts on average ex-vessel prices for each species were also significantly<br />

different. Implications <strong>of</strong> shrimp price response differences in related local<br />

markets are also discussed.<br />

Hu, Teh-Wei, Donald R. Whitaker, and D. Lynne Kaltreider (1983). "The<br />

New England Groundfish Industry. An Economic Pr<strong>of</strong>ile for Policy<br />

and Regulatory Analysts." Final report, Saltonstall/Kennedy<br />

Project, National Fisheries Institute, Washington, D.C.<br />

A description <strong>of</strong> the New England Groundfish fishery, its biology,<br />

industry structure, and markets is provided in the report. A simplistic<br />

demand analysis indicates that a 8.3 or 5.4 percent reduction in consumption<br />

for haddock or ocean perch occurs with each 10 percent increase in price.<br />

Hu, Teh-Wei, David M. Dressel, Donald R. Whitaker, and D. Lynne<br />

Kaltreider (1983). "The Maine Sardine Industry, An Economic<br />

Pr<strong>of</strong>ile for Policy and Regulatory Analysts." Final report,<br />

Saltonstall/Kennedy Project, National Fisheries Institute,<br />

Washington, D.C.<br />

A description <strong>of</strong> the Maine sardine fishery, its biology, industry<br />

structure, and markets is provided in the report. A simplistic demand<br />

analysis indicates that a 6 percent reduction in consumption occurs with each<br />

10 percent increase in sardine price.<br />

Hu, Teh-Wei, Donald R. Whitaker, and D. Lynne Kaltreider (1983). "The<br />

U.S. Menhaden Industry, An Economic Pr<strong>of</strong>ile for Policy and<br />

Regulatory Analysts." Final report, Saltonstall/Kennedy Project,<br />

National Fisheries Institute, Washington, D.C.<br />

The use <strong>of</strong> whole menhaden for fertilizer has been documented as far back<br />

as the American Indians prior to settlement <strong>of</strong> the country by the European<br />

colonists, and this use <strong>of</strong> menhaden for fertilizer continued into the 1800's.<br />

The menhaden oil industry has grown steadily since its genesis in Rhode Island<br />

in 1811. In the 1900's, menhaden's primary use changed from fertilizer to<br />

feed for poultry, swine, and cattle, and the oil began to be used in<br />

manufacturing soap, certain paints, linoleum, waterpro<strong>of</strong> fabrics, and<br />

margarine and shortenings (in Europe). These uses <strong>of</strong> the meal and oil still<br />

predominate.<br />

Hu, Teh-Wei, Donald R. Whitaker, and D. Lynne Kaltreider (1983). "The<br />

U.S. Shrimp Industry, An Economic Pr<strong>of</strong>ile for Policy and<br />

Regulatory Analysts." Final report, Saltonstall/Kennedy Project,<br />

National Fisheries Institute, Washington, D.C.<br />

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