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

coldwater shrimp.
Jovanovic, Boyan and Saul Lach (1989). "Entry, Exit, and Diffusion with
Learning by Doing." The American Economic Review, 79(4):690-699.
Early entry has the advantage of higher revenues per unit of output
early on. Late entry has the benefit of learning from the experience of
earlier entrants, and hence lower production costs. These advantages are
balanced off in a continuous time perfect foresight equilibrium. Competition
generates S-shaped diffusion, and staggered entry and exit. A monopolist will
innovate less than a competitive industry, but the innovation that he does do,
he will do sooner.
Juan, Ya-Sheng, Wade L. Griffin, and Addison L. Lawrence (1988).
"Production Costs of Juvenile Penaeid Shrimp in an Intensive
Greenhouse Raceway Nursery System." Journal of the World
Aquaculture Society, 19(3):149-160.
This analysis compared the use of an intensive nursery raceway system
with direct stocking of post-larval shrimp (PLS) into growout ponds. The
intensive raceway system allows two crops to be produced in Texas where only
one crop is feasible with direct stocking. Both investment and operational
costs are analyzed for three types of greenhouses and three types of raceways
where the types vary in cost and lengths of life. Three growout pond stocking
densities and two farm sizes were evaluated for each combination of greenhouse
and raceway type. Investment costs ranged from $142,000, for the small farm
using the least expensive greenhouse and raceway and utilizing the lowest
stocking density, to about $2.3 million, for the large farm using the most
expensive greenhouse and raceway, respectively, per 1,000 one gram juveniles
produced. Under technology available at the time of this analysis, direct
stocking growout ponds with PLS and producing one crop per year is more
profitable than stocking one gram juveniles and producing two crops per year
on the Texas coast.
Judd, Kenneth L. (1991). "A Review of Recursive Methods in Economic
Dynamics." Journal of Economic Literature, 29(March):69-77.
Book review.
Juhl, Rolf and Shelby B. Drummond (197?). "Shrimp Bycatch Investigation
in the United States of American, A Status Report." National
Oceanic and Atmospheric Administration, National Marine Fisheries
Service, Southeast Fisheries Center, Pascagoula Laboratory,
Pascagoula, Mississippi.
Shrimp have supported the most valuable fishery in the United States for
many years. Although the fishery for the cold water species Crangon and
Pandalus has increased in recent years in the New England and Alaska areas,
the mainstay is still the penaeid shrimp of the southeastern United States.
Three species make up the bulk of the catch, Penaeus aztecus, P. duorarum, and
P. setiferus. The center of this fishery is in the Gulf of Mexico and along
the southeastern seaboard of the United States. The average annual catch of
penaeids over the past 25 years has been close to 100,000 tons in those areas.
Production in recent years from other countries in the CICAR area, including
Brazil, has been 70,000 tons; worldwide the total annual catch is close to
700,000 tons. Minor periodic annual variations in production have occurred,
attributed generally to adverse environmental or economic factors. Although
the shrimp bycatch problem was long known in the United states, it was not
until late 1972 that a project was implemented to study the situation. Basic
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