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

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eduction in imports would encourage additional effort in the domestic shrimp<br />

fleet and a dissipation <strong>of</strong> initial gains in pr<strong>of</strong>it.<br />

Keithly, Walter R., Kenneth J. Roberts, and John M. Ward (1993).<br />

"Effects <strong>of</strong> Shrimp Aquaculture on the U.S. Market: An Econometric<br />

Analysis." Chapter 8 in Upton Hatch and Henry Kinnucan (eds.).<br />

Aquaculture, Models and Economics. Westview Press, Boulder,<br />

Colorado.<br />

Rapid expansion in the production <strong>of</strong> farm-raised shrimp during the<br />

1980's concerns the domestic shrimp industry and is the basis for recent<br />

attempts at limiting imports. A simultaneous equation model including the<br />

U.S. and Japan shrimp import markets and U.S. dockside demand was used to<br />

quantify the impacts <strong>of</strong> shrimp aquaculture on U.S. imports and domestic warm<br />

water dockside shrimp prices. Results suggest that current, i.e., 1988-1989,<br />

U.S. shrimp import levels would be about 175 million pounds below observed<br />

levels in the absence <strong>of</strong> shrimp aquaculture and that the U.S. import price<br />

would be about 70% higher. The domestic dockside warm water shrimp price<br />

would also be significantly higher. Quotas and tariffs were also shown to<br />

positively influence domestic dockside prices. It was suggested, however,<br />

that any rise in domestic warm water shrimp prices, brought about by a<br />

reduction in imports would encourage additional effort in the domestic shrimp<br />

fleet and a dissipation <strong>of</strong> initial gains in pr<strong>of</strong>it.<br />

Kellogg, Robert L., J.E. Easley, Jr., and Thomas Johnson (1988).<br />

"Optimal Timing <strong>of</strong> Harvest for the North Carolina Bay Scallop<br />

Fishery." American Journal <strong>of</strong> Agricultural Economics, 70(1):50-<br />

62.<br />

Substantial improvement is returns for the North Carolina bay scallop<br />

fishery by delaying the opening <strong>of</strong> the season beyond its traditional date. A<br />

general bioeconomic harvesting model was developed for use in determining the<br />

optimal season opening/closing schedule for a seasonal fishery with the<br />

control specified as an on/<strong>of</strong>f switch. One hundred and twenty separate<br />

scenarios were created by setting five exogenous variables to reasonable<br />

alternative values. The optimal season is contrasted with the unregulated<br />

case for each scenario. The optimal opening was typically two to three weeks<br />

later than the model <strong>of</strong> past practices.<br />

Kelly, Carolyn E. and Anthony W. Harmon (1972). "Method <strong>of</strong> Determining<br />

Carotenoid Contents <strong>of</strong> Alaska Pink Shrimp and Representative<br />

Values for Several Shrimp Products." Fisheries Bulletin,<br />

70(1):111-113.<br />

An extraction method is described for estimating the amount <strong>of</strong><br />

carotenoid in pink shrimp. The carotenoid index is useful as a measure <strong>of</strong><br />

quality and as an indicator <strong>of</strong> changes during storage. Values for several<br />

shrimp products are reported.<br />

Kemp, Murray C. and Ngo Van Long (1983). "On the Economics <strong>of</strong> Forests."<br />

International Economic Review, 24(1):113-131.<br />

The paper describes a productive process involving the point input <strong>of</strong><br />

labor, the repeated input <strong>of</strong> land and the point output <strong>of</strong> forest products, and<br />

then imbed the process in a model <strong>of</strong> the economy as a whole. The optimal<br />

duration or maturity <strong>of</strong> the process is to be determined in terms <strong>of</strong> the<br />

parameters <strong>of</strong> the model.<br />

Kemmerer, Andrew J. (1994). "Overfishing." Texas Shores, Summer, pages<br />

3 5 3

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