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

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for the upcoming fishing season; 3) the industry leaders worked very hard with<br />

their associations to convince fishers that their fishery was in peril and<br />

that close cooperation with DFO was the key for the future; 4) the industry<br />

and DFO worked as partners to develop a management approach based upon<br />

scientific advice to climb out <strong>of</strong> the trough. The paper also outlines the<br />

conundrum that <strong>fisheries</strong> managers currently face resulting from a combination<br />

<strong>of</strong> a moratorium <strong>of</strong> the entire Gulf <strong>of</strong> St. Lawrence groundfishery, the<br />

consequent pressure from displaced groundfish fishermen to enter the lucrative<br />

snow crab fishery and an optimistic short term but pessimistic longer term<br />

forecast regarding snow crab abundance; do we redistribute the wealth; if so<br />

among whom, how, and for how long?<br />

Logan, Phil (1994). "Some Issues Concerning Rents and User Fees."<br />

Position Paper presented at the Limited Access Workshop, Seattle,<br />

Washington, November 1-3. National Marine Fisheries Service,<br />

Northeast Fisheries Science Center, Woods Hole, MA, January.<br />

Publicly owned natural resources under certain management regimes can<br />

generate rents that could be captured by taxes or user fees for the resource.<br />

Under an ITQ program, those who are initially allocated the ITQ receive a<br />

windfall when they sell their market shares. Those who enter the fishery by<br />

buying shares receive a windfall when they sell out equivalent to the<br />

difference between their purchase price and their selling price (a capital<br />

gain in equity). The royalty payments under this example are based upon the<br />

generation <strong>of</strong> rents.<br />

Long, Ngo Van (1975). "Resource Extraction under the Uncertainty about<br />

Possible Nationalization." Journal <strong>of</strong> Economic Theory, 10:42-53.<br />

This paper looks at the problem <strong>of</strong> resource exploitations under<br />

anticipated nationalization. A model where the probability <strong>of</strong> nationalization<br />

is a function <strong>of</strong> time is evaluated for (i) no nationalization, (ii)<br />

nationalization at a known date, and (iii) no nationalization, but with a<br />

rising trend <strong>of</strong> effective pr<strong>of</strong>it tax rate.<br />

Longley, W.L., (ed.) (1994). Freshwater Inflows to Texas Bays and Estuaries:<br />

Ecological Relationships and Methods for Determination <strong>of</strong> Needs. Texas<br />

Water Development Board and Texas Parks and Wildlife Department, Austin,<br />

TX, 386 pp.<br />

This document reports the effects <strong>of</strong> freshwater inflows on the<br />

biological productivity <strong>of</strong> bays and estuaries, and effects on the distribution<br />

and abundance <strong>of</strong> economically important and ecologically characteristic fish<br />

and shellfish species, and the estuarine life on which they depend. The<br />

reports two main themes are demonstrating the effects <strong>of</strong> freshwater inflows on<br />

living and nonliving components <strong>of</strong> estuarine ecosystems and presenting a<br />

methodology for assessing the freshwater inflow needs <strong>of</strong> Texas bays and<br />

estuaries that satisfies the requirement <strong>of</strong> maintaining an ecologically sound<br />

environment and the productivity <strong>of</strong> fish, shellfish, and other estuarine life.<br />

Loomis, John B. (1988). "The Bioeconomic Effects <strong>of</strong> Timber Harvesting<br />

on Recreational and Commercial Salmon and Steelhead Fishing: A<br />

Case Study <strong>of</strong> the Siuslaw National Forest." Marine Resource<br />

Economics, 5:43-60.<br />

The economic effects <strong>of</strong> changes in timber harvest levels on recreational<br />

and commercial salmon and steelhead <strong>fisheries</strong> are estimated by combining a<br />

series <strong>of</strong> simple watershed, habitat, population, and economic models. The<br />

economic loss in fishery benefits from future timber harvests on 86,700 acres<br />

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