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

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played by market forces. They have created euphoria about the ability <strong>of</strong> a<br />

regime <strong>of</strong> vigorous and free international trade in food products to solve<br />

problems <strong>of</strong> food security. Achieving food security depends crucially on the<br />

level <strong>of</strong> both physical and economic access to food by the needy. Trade is<br />

therefore only one facilitating factor, and fish composes only a small part <strong>of</strong><br />

the food basket. Both enhanced trade and food security depend substantially<br />

on the content, the quantum and the distribution <strong>of</strong> economic growth within and<br />

across countries. The role <strong>of</strong> trade and fish in food security must therefore<br />

not be overrated, and when examined in isolation, done so with caution. What<br />

contribution can fishery products make in moving humanity from the reality <strong>of</strong><br />

widespread food insecurity to the vision <strong>of</strong> a world free from hunger? Does<br />

international trade in fishery products, in the manner in which it is<br />

organized today, play a role in alleviating food insecurity directly or<br />

indirectly? If not, under what conditions can it do so in the future? We<br />

need to ponder over these issues.<br />

Kurkul, Patricia A. and Stanley D.H. Wang (1988). "Pr<strong>of</strong>itability <strong>of</strong> the<br />

U.S. Northeast Fisheries, 1976-1986." Draft report, Analytical<br />

Services Branch, Northeast Region, National Marine Fisheries<br />

Service, Gloucester, MA, March, 25 pp.<br />

The methodology used to generate pr<strong>of</strong>it data and a discussion <strong>of</strong> pr<strong>of</strong>it<br />

trends are presented. Some important factors are discussed in relation to<br />

pr<strong>of</strong>it trends and tentative conclusions are drawn about fleet financial<br />

viability over this time period.<br />

Kuronuma, Yoshihiro and Clement A. Tisdell (1996). Economics <strong>of</strong> Antarctic<br />

Minke Whale Catches: Sustainability and Welfare Considerations. Marine<br />

Resource Economics, 9(2):141-158.<br />

Clark s bioeconomic model is applied to Antarctic minke whales (AMW),<br />

the backbone <strong>of</strong> the commercial whaling in 1982 when the International Whaling<br />

Commission (IWC) opted for a ban on whaling commencing 1985/86. The<br />

moratorium appears not to be justified from the point <strong>of</strong> view <strong>of</strong> saving AMW<br />

from extinction or for maximizing the net present value <strong>of</strong> returns to whalers.<br />

Catch quotas before the moratorium are found to be lower than needed for<br />

survival <strong>of</strong> the species and for sustainability <strong>of</strong> the harvests and returns.<br />

It seems that the IWC catch quotas and the moratorium were determined not by<br />

conventional bio<strong>economics</strong>, but by other factors such as political pressure<br />

form conservationists who suffered adverse externalities from whaling.<br />

Nevertheless, even taking such externalities into account, the present<br />

moratorium seems not to be Kaldor-Hicks optimal.<br />

Kuruc, Michele (1993). "The Lacey Act." Paper presented at the<br />

Workshop on Enforcement Measures, Organization for Economic Co-<br />

Operation and Development, Directorate for Food, Agriculture, and<br />

Fisheries, Committee for Fisheries, Paris, September 21-22.<br />

The legislative changes made to the Lacey Act during the past 93 years<br />

are chronicled. A survey is conducted <strong>of</strong> some case law under the Act<br />

involving fish and wildlife. The intent is to show how the Act has protected<br />

endangered species since its passage in 1900.<br />

Kusumastanto, Tridoyo and Curtis M. Jolly (1997). Demand Analysis for Fish<br />

in Indonesian. Applied Economics, 29:95-100.<br />

The purpose <strong>of</strong> this study was to determine an aggregate demand function<br />

and the factors influencing the demand for fish in Indonesia during the period<br />

1967-88. Using a Box-Cox transformation methodology, the double-log model was<br />

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