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

example of the costs of regulating a recreational fishery is given.
McConnell, Kenneth E. and Ivar E. Strand (1989). "Benefits from
Commercial Fisheries When Demand and Supply Depend on Water
Quality." Journal of Environmental Economics and Management,
17:284-292.
This paper investigates the social returns to commercial fisheries when
water quality influences the demand for and the supply of commercial fish
products under open access conditions and when stocks are effectively private
property. We use this model to show that an efficient allocation of property
rights to the fishery is necessary to realize potential benefits from cleaner
water and healthier fish stocks. In fact, we show that cleaner water can
reduce the social returns from the production of fish products if common fish
stocks exist.
McConnell, Kenneth E. and Ivar E. Strand (1994). "The Economic Value of
Mid and South Atlantic Sportfishing." Volume 2, Cooperative
Agreement #CR-811043-01-0, University of Maryland, Environmental
Protection Agency, and the National Marine Fisheries Service,
University of Maryland, College Park, September.
This report is a study of the economic value of marine recreational
fishing on the east coast of the U.S., from Long Island, New York to Key
Biscayne, Florida. It is the second in a series on the economics of
recreational fishing in this region. This study is concerned with the value
of recreational fishing opportunities to anglers, not individuals and firms
providing services to those anglers. It contains an analysis of responses to
questions concerning individuals preferences, both stated and revealed, for
sportfishing sites.
McConnell, Kenneth E. and Jon G. Sutinen (1979). "Bioeconomic Models of
Marine Recreational Fishing." Journal of Environmental Economics
and Management, 6:127-139.
The theory of recreational fishing is developed and conditions are
derived for optimal management policy, with special attention given to
functional relationships that must be empirically verified. Determinants of
the optimal allocation between commercial and recreational fishing effort are
derived. The theory is extended to include selected peculiar features of
recreational fishing: Some anglers sell their catch; a small proportion of the
fishing population accounts for a large proportion of the catch; and anglers
throw back a fraction of what they catch. Optimal policies are derived under
these more realistic conditions.
McConnell, Kenneth E., J.N. Daberkow, and I.W. Hardie (1983). "Planning
Timber Production with Evolving Prices and Costs." Land
Economics, 59(3):292-304.
This paper develops a model for determining the approximately optional
age at harvest from a single site when prices and costs vary exogenously.
When discounted stumpage price is constant, the optimal harvest length
increases over time if establishment costs increase more rapidly than the
discount rate. Second, when discounted stumpage prices are constant, the
optimal harvest length decreases over timber if establishment costs increases
less than the discount rate. Third, whether the optimal harvest length
increases or decreases depends on the type of yield function.
McConnell, Kenneth E., Ivar E. Strand, and Lynne Blake-Hedges (1995).
Random
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