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

Utility Models of Recreational Fishing: Catching Fish Using A Poisson
Process. Marine Resource Economics, 10(3):247-261.
This paper presents a Poisson model of expected angler catch during a
sportfishing trip and employs the expected catch in a random utility model of
site choice. The approach permits greater heterogeneity in expected catch and
individual welfare estimates from policies such as creel limits.
McConnell, Kenneth E., Ivar E. Strand, S.K. Valdes, and Q.R. Weninger
(1992). "The Economic Value of Mid and South Atlantic
Sportfishing." Volume 2 of a report on Cooperative Agreement #CR-
811043-01-0 between the University of Maryland, the Environmental
Protection Agency, the National Marine Fisheries Service, and the
National Oceanic and Atmospheric Administration.
This projects goal is to document the value of marine resources derived
from recreational fishing from New York to Florida. Sportfishing has economic
value in that anglers would be willing to pay more for their opportunities
than they actually have to pay. The value of opportunities for recreational
fishing will depend on many aspects of the opportunities-the quality of
fishing, the weather, the skill of the angler, and so forth. There are two
kinds of economic values of interest: a) the access value, what anglers would
pay rather than do without access to the resource; and b) the value of a
change in the quality of fishing, what anglers would pay for increments in
fishing characteristics, such as the catch rate.
McConnell, Virginia D. and Robert M. Schwab (1988). "The Impact of
Environmental Regulation on Industry Location Decisions: The Motor
Vehicle Industry." Draft Report, University of Maryland,
Baltimore County.
The paper examines the impact of regional variation in environmental
regulations on industry location decisions for one industry; automobile
production. The focus is on location decisions in the 1970's, that was a time
when there was some regional variation in environmental regulations in this
industry, at both the county and state level, and when the costs of complying
were sufficiently large that they might affect location decisions. Using a
conditional logit model, we determine the regional factors important in firm
location decisions for this industry, including various county and state
measures reflecting the stringency of environmental regulations. We find no
evidence that environmental regulations deter firm location in this industry
when regulations are measured by a simple distinction between areas in
attainment of ambient ozone standards and those not in attainment. There is
some indication, though that the degree to which an area is out of attainment
matters. Urban areas that are severely out of compliance with standards are
less likely to be chosen.
McDonald, A. David, Anthony D.M. Smith, Andre E. Punt, Geoffrey N. Tuck, and
Adam J. Davidson (1997). Empirical Evaluation of Expected Returns from
Research on Stock Structure for Determination of Total Allowable Catch.
Natural Resource Modeling, 10(1):3-29.
An approach to incorporating new information using Bayes theorem is
applied to obtain estimates of expected returns from research on stock
structure for determination of total allowable catch (TAC). Expected returns
are measured relative to quantitative performance criteria that are outlined
and a detailed case study of Tasmanian orange roughy is reported.
McDonald, J.F. (1980). "Uses of Tobit Analysis." Rev. of Econ. and
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