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

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University, Coastal Fisheries Institute, May, 113 pp.<br />

The primary purpose <strong>of</strong> this study was to analyze world trade in warmwater<br />

shrimp, with emphasis given to the United States and Japan. Toward this<br />

end, a ten equation system <strong>of</strong> import demand and export supply functions was<br />

developed and estimated using quarterly time-series data covering the 1985-95<br />

period. In addition, an equation depicting the Guff <strong>of</strong> Mexico dockside price<br />

was developed and estimated using quarterly time-series data for the 1980-95<br />

period. Results from this exercise were then used to forecast expected<br />

changes in certain relevant endogenous variables, particularly the Gulf <strong>of</strong><br />

Mexico dockside price, that would likely be forth coming as a result <strong>of</strong><br />

specific changes in the levels <strong>of</strong> some key exogenous variables, such as<br />

regional aquaculture production.<br />

Keithly, Walter R., Jr. and Anthony Martin (1997). "Southeast Finfish<br />

Processing Activities <strong>of</strong> Federally Managed Species, Particularly<br />

Reef Fish, and Potential Impacts <strong>of</strong> Regulation." Final Report,<br />

National Marine Fisheries Service, NA47FD0290, Coastal Fisheries<br />

Institute, Louisiana State University, May, 107 pp.<br />

This study provided a detailed analysis <strong>of</strong> the Southeast Reef Fish<br />

processing industry for 1995 (which includes almost all processors <strong>of</strong> species<br />

under jurisdiction <strong>of</strong> the South Atlantic and Gulf <strong>of</strong> Mexico Management<br />

Councils) to help identify potential impacts related to management measures<br />

imposed on the harvesting sector. The primary conclusion reached from this<br />

research effort is that the extreme diversity <strong>of</strong> the southeast U.S. processing<br />

industry (in terms <strong>of</strong> number <strong>of</strong> species utilized etc.) and the large supply <strong>of</strong><br />

domestic and imported raw material relative to current usage among processors<br />

will tend to insulate processors somewhat from restrictions imposed on the<br />

harvesting sector that would limit the overall supply <strong>of</strong> domestic product.<br />

Keithly, Walter R., Jr. and Liz Baron-Mounce (1990). "An Economic<br />

Assessment <strong>of</strong> the Louisiana Shrimp Fishery." Final Report,<br />

National Marine Fisheries Service, NA88WC-H-MF179, Coastal<br />

Fisheries Institute, Louisiana State University, October, 129 pp.<br />

The goal <strong>of</strong> this report is to provide a general economic evaluation <strong>of</strong><br />

Louisiana's shrimp harvesting sector focusing on the inshore component since<br />

it is not well understood and because <strong>of</strong> the possibilities for management<br />

available to the state.<br />

Keithly, Walter R., Jr. and Liz Baron-Mounce (1991). "Louisiana's<br />

Shrimp Fishery: An Economic Perspective with Emphasis on the 1987<br />

Inshore Fleet." Draft Report, Coastal Fisheries Institute, Center<br />

for Wetland Resources, Louisiana State University, Baton Rouge,<br />

Louisiana.<br />

Louisiana leads the nation in the poundage <strong>of</strong> shrimp produced. Its<br />

fleet, numbering upwards <strong>of</strong> 20 thousand in total, is exceedingly diverse which<br />

complicates any attempt at developing an "optimal" management strategy. For<br />

example, the smaller boats in the fleet tend to fish in and around the<br />

shoreline <strong>of</strong> the state and target relatively small shrimp as they migrate<br />

<strong>of</strong>fshore. The larger boats are more <strong>of</strong>fshore based and tend to target a<br />

larger shrimp which has a higher per pound price. Actions taken by the<br />

smaller inshore and near-shore boats impact the performance <strong>of</strong> the <strong>of</strong>fshore<br />

fleet through a reduction in shrimp availability in <strong>of</strong>fshore waters. This<br />

paper provides a general economic evaluation <strong>of</strong> the Louisiana shrimp fishery;<br />

particularly the inshore component. It was accomplished though the use <strong>of</strong><br />

secondary and primary data. The secondary data consisted <strong>of</strong> National Marine<br />

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