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

ecosystem considerations. Political pressure has led to the setting of TACs
at levels beyond maximum sustainable yield. Bycatch and under reporting
continue to be major problems in the fisheries, as the system is difficult to
enforce and monitor. The creation of private property rights has proven
effective in expanding the New Zealand fish trade into international markets,
but many species remain overfished. In addition, the system requires that the
government compensate quota holders when a decision to lower TAC levels is
made.
While the New Zealand QMS is attractive in theory, in practice it has a
number of drawbacks, and is not a panacea for long term conservation of
fisheries. Others intending to embark along similar lines to New Zealand s
fisheries management system would be well advised to critically examine its
present deficiencies.
Montegut, R.S. (1979). "Planning To Buy a Shrimp Boat." Louisiana
Cooperative Extension Service Sea Grant Publication LSU-TL-79-005,
Louisiana State University, Baton Rouge, La, 11 pp.
The shrimp industry in the Gulf of Mexico is dominated by owner operated
shrimp boats. These businessmen are interested in a lifestyle as well as
earning a profit. The lifestyle is one not faced by the investor choosing not
to operate his shrimp boat. Absentee owners generally experience higher
repair and maintenance costs, higher insurance costs and lower shrimp catches.
Understanding the situation faced by an absentee owner compared to the
experienced owner operator will be helpful in making your investment
decisions. Also, there are already a large number of shrimpers competing with
expensive boats for a fully utilized supply of shrimp. Thus, the skills and
number of your competitors in shrimping must be considered before you invest
in the business.
Montgomery, Claire A., Gardner M. Brown, Jr., and Darius M. Adams (1994).
The Marginal Cost of Species Preservation: The Northern Spotted Owl.
Journal of Environmental Economics and Management, 26:111-128.
Because species survival is not certain, the decision to save a
species is not an all-or-nothing choice but rather a marginal one. The
appropriate unit for both benefit and cost functions is the likelihood of
survival and the appropriate question is how certain we want to be of species
survival. The intensity of the species preservation debate is also fired by
strong equity concerns. We illustrate these points for the case of the
northern spotted owl by constructing a marginal cost curve for its survival
and by disaggregating welfare loss by region and by market level.
Moore, Charles J. (1984). "A Socio-Economic Survey of the Seventh
Annual Arthur Smith King Mackerel Tournament." South Carolina
Marine Resources Center, Technical Report Number 58, May, 13 pp.
This report presents the results obtained from the 1983 socio-economic
survey and provides comparison with results obtained during 1979.
Moore, Charles J. (1984). "User-Information Needs and the Role of
Information in Fisheries Development and Management." Chapter 11
in Richard H. Stroud (ed.) Marine Recreational Fisheries, 9,
Proceedings of the Ninth Annual Marine Recreational Fisheries
Symposium, Virginia Beach, Virginia, April 24 and 25, National
Coalition for Marine Conservation, Inc., Savannah, Georgia.
During the 1982 marine recreational fisheries symposium, Larkin (1982)
presented a set of natural laws governing the management of sport and
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