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

pounds and in November at 192 pounds. Four families of fish each represented
3 percent or more of the yearly average catch over the state. These are
Sciaenidae 73.8 percent, Clupeidae 8.5 percent, Dasyatidae 3.6 percent, and
Ariidae 3.3 percent -- a combined total of 89.2 percent of the yearly average
catch. The Sciaenidae contributed 95.0 pounds per hour of trawling, Clupeidae
10.9 pounds, Dasyatidae 4.7 pounds, and Ariidae 4.3 pounds or a combined total
of 114.9 pounds of the yearly average of 128.8 pounds per hour of trawling.
Nine species of fish were captured in greatest abundance over the state and
together contributed 111.6 of the 128.7 pounds per hour of trawling and
represented 86.4 percent of the yearly average catch.
Koenig, Evan F. (1984). "Controlling Stock Externalities in a Common
Property Fishery Subject to Uncertainty." Journal of
Environmental Economics and Management, 11:124-138.
Two methods are examined for regulating stock externalities under
uncertainty; quotas and taxes. Dynamic programming is used to characterize
the externalities precisely. The accuracy with which the current size of the
resource stock can be monitored is found to be of crucial importance in the
choice between tax and quota regulation. If the current stock is observed
without error, taxes are capable of outperforming any quota.
Koenig, Evan F. (1984). "Fisheries Regulation Under Uncertainty: A
Dynamic Analysis." Marine Resource Economics, 1(2):193-208.
This paper considers alternative methods for regulating the stock
externality in a common property fishery. The methods considered are fiat
price controls, a quota on the fish catch, and taxes on the size or value of
the fish catch. When regulations must be formulated on the basis of
incomplete information, these methods are not equivalent. It is shown that
taxes are the preferred regulatory instrument whenever the regulatory
authority is able to accurately monitor the size of the fish stock.
Koenig, Evan F. (1996). Capacity Utilization As a Real-Time Predictor of
Manufacturing Output. Economic Review, Third Quarter: 16-23, Federal
Reserve Bank of Dallas, P.O. Box 655906, Dallas, Texas.
The Federal Reserve Board s initial estimate of manufacturing capacity
utilization is helpful in predicting subsequent growth in manufacturing
output. Together with lagged real-time output growth and growth in composite
index of leading indicators, capacity utilization explains more than 50
percent of the variation in output growth at a four quarter horizon. Based on
data available at the beginning of the year, the forecasting equation predicts
little or no growth in manufacturing output during 1996.
Korson, Charles S. and Wesley Silverthorne (1987). "Economic Status of
the Washington, Oregon, and California Groundfish Fishery in
1986." NOAA Technical Memorandum NMFS, NOAA-TM-NMFS-SWR-018,
August, 39 pp.
This is the third in a series of annual reports describing the economic
status of the Washington, Oregon, and California (West Coast) groundfish
fishery. This fishery consists of business firms and recreationists that
harvest fish stocks regulated under the Pacific Coast Groundfish Fishery
Management Plan. The focus of this report is on factors affecting the
economic performance of domestic commercial firms in the West Coast groundfish
fishery.
Kortbech-Olesen, R. (1984). "World Shrimp Trade Continues to Expand."
3 7 3