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

While other studies have discussed the economic status and problems of
the U.S. shrimp harvesting sector (e.g. Hutchinson, 1978), this study focuses
on the U.S. shrimp processing industry. Three separate economic profiles of
the shrimp industry are contained in this volume: (1) a profile of the overall
shrimp industry with special reference to headless and peeled shrimp, (2) a
profile of the breaded shrimp industry, and (3) a profile of the southern
canned shrimp industry. In each profile, the data were obtained from
processors whose plants made at least 95 percent of their sales from the
particular shrimp product profiled.
Hu, Zuliu and Mohsin S. Khan (1997). Why is China Growing So Fast? Economic
Issues 8, International Monetary Fund, Washington, D.C.
In 1978, after years of state control of all productive assets, the
government of China embarked on a major program of economic reform. While
pre-1978 China had seen annual growth of 6 percent a year, post-1978 China
averaged 9 percent a year. Although capital accumulation was important in
explaining this shift, as were the number of Chinese workers, a sharp,
sustained increase in productivity was the driving force behind the economic
boom. This marks a departures from the traditional view of development in
which capital investment takes the lead.
Huang, Hann-Jin, Wade L. Griffin, and David V. Aldrich (1984). "A
Preliminary Economic Feasibility Analysis of a Proposed Commercial
Penaeid Shrimp Culture Operation." Journal of World Mariculture,
15:95-105.
This analysis utilized the production data obtained in 1982 from ponds
at the Cedar Bayou Texas A&M Mariculture Facility, east of Baytown, Texas.
The Aquaculture Budget Simulation System developed at Texas A&M University was
applied to create budgetary information including the net return, economic
profit, break even quantities and prices, and net present values over a 10
year horizon. This information was used to evaluate the economic feasibility
of different stocking strategies at a proposed 76 ha commercial penaeid shrimp
culture operation. The stocking strategies consist of monoculture of Penaeus
stylirostris at 10 and 20/m 2 respectively and polyculture of P. stylirostris
with P. vannamei at two ratios (3:1 and 1:3) with a total density of 20/m 2 .
The results indicated that only the polyculture of 75% P. vannamei with
25% P. stylirostris is economically profitable. This stocking strategy yields
an economic profit of $54,589 for the first year of operation. The break even
production of 1,526 kg/ha is less than the expected annual production of 1,919
kg/ha. The break even price of $6.11/kg is less than the market price of
$8.23/kg. The net present value is $839,424 over 10 years considering the
beginning $20,000 cash and 20% of the total investment as owner's investment.
The payback occurred following the second year's harvest.
Huang, Kuo S. (1988). "An Inverse Demand System for U.S. Composite
Foods." American Journal of Agricultural Economics, 70(4):902-
909.
This article provides a theoretically consistent framework for
estimating a complete price dependent demand system, where the concept of
distance function and its related substitution and scale effects are used.
The approach is applied to a U.S. demand system consisting of thirteen food
and one nonfood categories.
Huang, Kuo S. (1994). "A Further Look at Flexibilities and
Elasticities." American Journal of Agricultural Economics,
76:313-317.
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