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

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(1989). "A Dynamic Model <strong>of</strong> Adaptation to Resource Depletion:<br />

Theory and an Application to Groundwater Mining." Journal <strong>of</strong><br />

Environmental Economics and Management,17:66-82.<br />

This research develops an optimal control model that incorporates the<br />

opportunity for adaptation to resource depletion. In the context <strong>of</strong><br />

groundwater mining for agricultural production, two traits supplement a<br />

conventional intertemporal depletion path: the relative allocation <strong>of</strong><br />

groundwater among irrigated crops and endogenous switch times describing an<br />

intertemporal cropping pattern. Both planning and common property equilibria<br />

are derived. Results from an application to the Texas High Plains include:<br />

transition away from irrigation <strong>of</strong> sorghum occurs twice as fast when done<br />

optimally and benefit to groundwater management ranges between $0.36 to $4.16<br />

million as the interest rate varies from five to two percent.<br />

Kim, Dae K. (1983). "Energy Substitution in the Gulf <strong>of</strong> Mexico Shrimp<br />

Fishery." Southern Journal <strong>of</strong> Agricultural Economics, December:1-<br />

6.<br />

The elasticities <strong>of</strong> substitution among fuel, capital, and labor are<br />

estimated for the Gulf <strong>of</strong> Mexico Shrimp fishery using a translog cost function<br />

fit to observed data.<br />

Kim, Jae-On and Charles W. Mueller (1978). Introduction to Factor<br />

Analysis. Sage University Papers, Quantitative Applications in<br />

Social Sciences, Series/Number. 07-013, Sage Publications, Beverly<br />

Hills.<br />

This is an elementary introduction that stresses the fundamental<br />

assumptions and logical foundations <strong>of</strong> factor analysis.<br />

Kim, Jae-On and Charles W. Mueller (1978). Factor Analysis, Statistical<br />

Methods and Practical Issues. Sage University Papers,<br />

Quantitative Applications in Social Sciences, Series/Number. 07-<br />

014, Sage Publications, Beverly Hills.<br />

The authors examine in greater detail the different types <strong>of</strong> factor<br />

analysis and the situations in which each is most useful. The distinction<br />

between confirmatory and exploratory factor analysis is discussed in greater<br />

depth than in the Introduction to Factor Analysis as are the various criteria<br />

for factor rotation.<br />

King, Dennis M. (1989). "Economic Trends Affecting Commercial Billfish<br />

Fisheries." In Richard H. Stroud (ed.) Planning The Future <strong>of</strong><br />

Billfish, National Coalition for Marine Conservation, Savannah,<br />

Georgia.<br />

A discussion <strong>of</strong> the fundamental market factors that affect billfish<br />

demand, supply, and prices and how these factors have changed in recent years<br />

to create increased fishing pressure on billfish stocks.<br />

King, Dennis M. (1991). "Costing Out Restoration." Restoration and<br />

Management Notes, 9(1):15-21.<br />

The transition <strong>of</strong> restoration from a science, craft, and labor <strong>of</strong> love<br />

to a business raises questions about ecological values and economic costs. An<br />

environmental economist summarizes some problems and <strong>of</strong>fers a framework for<br />

evaluating the costs and expected results <strong>of</strong> restoration projects.<br />

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