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

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Fisheries Service, Woods Hole, MA, 14 pp.<br />

This report to Congress responds to a request for information concerning<br />

(1) the total number <strong>of</strong> Northeast multispecies permits in each permit category<br />

and calculates the maximum potential fishing capacity <strong>of</strong> vessels holding such<br />

permits based on principal gear, gross registered tonnage, engine horsepower,<br />

length, age, and other relevant characteristics; (2) the total number <strong>of</strong> days<br />

at sea available to the permitted Northeast multispecies fishing fleet and the<br />

total days weighted by the maximum fishing capacity <strong>of</strong> the fleet; (3) an<br />

analysis <strong>of</strong> the extent to which the weighted days at sea are used by active<br />

participants in the fishery and <strong>of</strong> the reduction in such days as a result <strong>of</strong><br />

the fishing capacity reduction program; and (4) an estimate <strong>of</strong> conservation<br />

benefits directly attributable to the fishing capacity reduction program.<br />

Kitts, Andrew, Eric Thunberg, and John Robertson (1998). Modeling<br />

Participation and Bids in the Northeast U.S. Groundfish Fishing Vessel<br />

Buyout Program. Paper Presented at IIFET, Northeast Fisheries Science<br />

Center, National Marine Fisheries Service, Woods Hole, MA.<br />

An experimental buyout program was initiated in 1995 to remove fishing<br />

vessels from the Northeast United States groundfish fishery. Implemented as a<br />

reverse auction, the purpose <strong>of</strong> the pilot program was to determine the level<br />

<strong>of</strong> interest in a vessel buyout and to gain insight on the prices owners would<br />

be willing to accept to surrender their vessel and all associated fishing<br />

permits. Of the 296 eligible vessels, the pilot program drew 114 applicants<br />

with average bids <strong>of</strong> $455 thousand. This paper describes the pilot buyout<br />

program and the econometric procedures used to forecast probability <strong>of</strong><br />

participation and bids, and to estimate the number and types <strong>of</strong> vessels that<br />

could be purchased at various levels <strong>of</strong> program spending. The decision <strong>of</strong><br />

whether to participate in the program and the magnitude <strong>of</strong> bids were modeled<br />

in two stages via the specification <strong>of</strong> a participation function and a bid<br />

function. Alternative methods for modeling these functions, such as the Tobit<br />

model and the Heckman and Cragg two stage models, are discussed. Variables<br />

found to explain participation and bids include total and groundfish revenue<br />

history, allocated days-at-sea in the groundfish fishery, gear type, expected<br />

ranking, and vessel size characteristics. The expanded buyout program,<br />

completed in April 1998, provides a unique opportunity to evaluate the<br />

accuracy <strong>of</strong> the forecasts.<br />

Klecka, William R. (1980). Discriminant Analysis. Sage University<br />

Papers, Quantitative Applications in the Social Sciences,<br />

Series/Number 07-019, Sage Publications, Beverly Hills.<br />

The author introduces canonical discriminant functions, classification<br />

functions and procedures, and various selection criteria for the inclusion <strong>of</strong><br />

variables in discriminant analysis. Then canonical discriminant function<br />

coefficients are derived, a spatial interpretation <strong>of</strong> them is provided, and an<br />

interpretation <strong>of</strong> canonical discriminant functions is provided. The paper<br />

concludes with a discussion <strong>of</strong> the violation <strong>of</strong> the assumptions that underlie<br />

discriminant analysis as a guide for the novice.<br />

Kleiber, Pierre (1994). Modeling Effects <strong>of</strong> FADs and Islands on Movement <strong>of</strong><br />

Skipjack Tuna (Katsuwonus pelamis): Estimating Parameters from Tagging<br />

Data. Canadian Journal <strong>of</strong> Fisheries and Aquatic Sciences, 51(12):2642-<br />

2653.<br />

From an experiment with ordinary dart tags, we have found evidence <strong>of</strong><br />

the effect <strong>of</strong> fish aggregating devices (FADs) and <strong>of</strong> islands on the movements<br />

<strong>of</strong> skipjack tuna (Katsuwonus pelamis) around the Solomon Islands. By fitting<br />

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