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

indicate how resource managers typically view the terms.
Kirkley, James E. and William D. DuPaul (1994). Technical Efficiency,
Biological Considerations, and Management and Regulation of the Sea
Scallop, Placopecten Magellanicus (GMELIN, 1791), Fishery. Journal of
Shellfish Research, 13(2):571-579.
Achieving social and economic efficiency in a fishery requires that
production be technically efficient. Yet, technical efficiency (TE) is rarely
examined for a fishery. By the use of detailed trip-level data and
information about resource conditions obtained from routine sampling, a
stochastic frontier production model relating landings to days at sea, crew
size, and resource conditions is specified and estimated for 10 Mid-Atlantic
sea scallop dredge vessels. TE is shown to depend partly on the mix of
controllable inputs such as days at sea and crew size but possibly more on
uncontrollable factors such as resource conditions and biological
characteristics. Last, we illustrate that two regulations recently
implemented by the management authorities should increase TE in the U.S. sea
scallop fishery.
Kirkley, James E. and William D. DuPaul (1995). Standardizing Fishing Effort
and Individual Transferable Effort Programs in the Sea Scallop,
Placopecten Magellanicus, Fishery. Virginia Sea Grant, Virginia
Institute of Marine Science, School of Marine Science, College of
William & Mary, Gloucester Point, Virginia, 6 pp.
Consolidation and transferability of days at sea limits is explored in
this report. If an effort consolidation or transferability effort program is
to be allowed, there will be a need to standardize days at sea to ensure that
desired levels of fishing mortality are not exceeded. Even though the optimum
number of standardized days is unknown, it si possible to develop a framework
for standardizing days for the purposes of effort consolidation or
transferability. It is only necessary to consider the notion of fishing power
or technical efficiency. Fishing power and technical efficiency both indicate
some maximum level of potential harvesting or productivity.
Kirkley, James and David Kerstetter (1997). Saltwater Angling and Its
Economic Importance To Virginia. Virginia Institute of Marine Science,
School of Marine Science, College of William & Mary, Virginia 71 pp.
A review of recreational angling in Virginia with estimates on economic
importance of saltwater angling.
Kirkley, James E. and Dale Squires (1988). A Limited Information Approach
for Determining Capital Stock and Investment in a Fishery. Fisheries
Bulletin, 88(2): 339-349.
There have been few empirical studies on the level of capitalization and
investment in fisheries because the necessary data are often inadequate.
Specifically, data on capital stock and investment in a fishery are not
routinely collected and compiled or are limited in scope. In this study, a
method is provided for estimating the aggregate capital stock and investment
in a fishery utilizing the available information. Data on acquisition and
list prices and vessel characteristics for a sample of New England vessels are
obtained. The data are then used to estimate an hedonic cost function which
specifies the acquisition price as a function of vessel characteristics. The
resultant equations are subsequently used, with information on vessel
characteristics for all New England vessels, to estimate aggregate capital
stock and investment. The results indicate that substantial investment
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