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

Energy, and Environmental Resources, Louisiana State University,
Baton Rouge, Louisiana, December.
This report provides the results of an economic analysis of the
southeastern seafood processing sector and uses this analysis for the purpose
of examining historical and potential processor level impacts related to
harvesting constraints; either natural or man induced.
Keithly, Walter R., Kenneth J. Roberts, and Hope Eyster-Kearney (1994).
"Structural Changes in the Southeast U.S. Shrimp Processing
Industry." Draft report, Coastal Fisheries Institute, Center for
Coastal, Energy, and Environmental Resources, Louisiana State
University, Baton Rouge, Louisiana.
The purpose of this paper is to examine structural changes in the
southeast shrimp processing industry. The analysis, based on NMFS end-of-theyear
surveys of seafood processing establishments, covers the 1973-90 period.
Issues considered in the analysis included (1) changes in numbers of firms and
shrimp products produced, (2) changes in productivity measured in terms of
firm output and output per worker, and (3) changes in industry concentration
and specialization. In general, results indicate a decline in the absolute
number of southeast shrimp processors but a large increase in productivity per
firm, measured on a poundage basis. Because of a decline in the per pound
price of the processed products, however, deflated shrimp processing revenues
per firm have remained essentially unchanged since the late 1970's.
Keithly, W.R., K.J. Roberts, and J.M. Ward (1991). "Farm-Raised Shrimp
Production and Its Impact on the U.S. Market." Draft Report,
Louisiana State University, Baton Rouge, Louisiana 70803.
A simultaneous model including the U.S. and Japan shrimp import markets
and U.S. dockside demand was used to quantify the impacts of highly successful
shrimp farming activities in the 1980's on U.S. imports and domestic warm
water dockside shrimp prices. Results of the modeling effort suggest that
current, i.e., 1988-1989, U.S. shrimp import levels would be in the
neighborhood of 200 million pounds below observed levels in the absence of
farm raised shrimp production on the world market and that the import price
would be about 80% higher. The domestic dockside warm water shrimp price
would also be significantly higher. Any rise in domestic warm water shrimp
prices, brought about by a reduction in imports of the farm based product, was
shown to encourage additional effort in the domestic shrimp fleet and a
concurrent decline in industry profit.
Keithly, W.R., K.J. Roberts, and J.M. Ward (1991). "Effects of Shrimp
Aquaculture on the U.S. Market: An Econometric Analysis." Draft
Report, Louisiana State University.
Rapid expansion in the production of farm-raised shrimp during the
1980's concerns the domestic shrimp industry and is the basis for recent
attempts at limiting imports. A simultaneous equation model including the
U.S. and Japan shrimp import markets and U.S. dockside demand was used to
quantify the impacts of shrimp aquaculture on U.S. imports and domestic warm
water dockside shrimp prices. Results suggest that current, i.e., 1988-1989,
U.S. shrimp import levels would be about 175 million pounds below observed
levels in the absence of shrimp aquaculture and that the U.S. import price
would be about 70% higher. The domestic dockside warm water shrimp price
would also be significantly higher. Quotas and tariffs were also shown to
positively influence domestic dockside prices. It was suggested, however,
that any rise in domestic warm water shrimp prices, brought about by a
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