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

This paper uses a two step estimation procedure to estimate structural
demand and supply equations for urban air quality. In the first step, a
hedonic price equation is estimated for residential property values for
Washington, D.C. SMSA for 1970. In the second step, a set of marginal hedonic
prices is generated. Theses prices and the quantity of clean air (reciprocal
of air pollution) are used as endogenous variables in a simultaneous equation
model. Empirical results indicate a price elasticity of demand between -1.2
and -1.4 and a unitary income elasticity.
Nelson, Forrest D. (1977). "Censored Regression Models with Unobserved,
Stochastic Censoring Thresholds." Journal of Econometrics, 6:309-
327.
The Tobit model is a useful tool for estimation of regression models
with truncated or limited dependent variables, but it requires a threshold
which is either a known constant or an observable and independent variable.
The model presented here extends the Tobit model to the censored case where
the threshold is an unobserved and not necessarily independent random
variable. Maximum likelihood procedures can be employed for joint estimation
of both the primary regression equation and the parameters of the distribution
of that random threshold.
Nelson, Randy A. (1989). "On the Measurement of Capacity Utilization."
The Journal of Industrial Economics, 37(3):273-286.
Capacity utilization (CU) is usually defined as the ratio of actual
output to the output corresponding to (i) the minimum point on the SRATC
curve, (ii) the point of tangency between the LRATC and SRATC curves. In
practice, however, CU is often measured as the ratio of actual to the maximum
potential output consistent with a given capital stock. This paper
demonstrates how to estimate the theoretical measures of CU, and examines the
correlation between the three measures of CU, and the McGraw-Hill estimates of
CU, using data from a sample of U.S. privately owned electric utilities for
1961-83.
Nerlove, Marc and S. James Press (1973). Univariate and Multivariate
Log-Linear and Logistic Models. Prepared by the Rand Corporation,
Santa Monica, CA 90406 for The Economic Development Administration
and the National Institutes of Health, December, 134 pp.
This report sets out a methodological technique not now widely used in
economics for dealing with qualitative dependent variables. The theory
presented here extends and integrates the general linear regression model,
analysis of variance, and analysis of covariance for use with qualitative
dependent variables that are both categorical and unordered. Empirical
applications to several socioeconomic problems are also presented.
Nero and Associates, Inc. (1981). "Cost and Return Survey of Reef
Fisheries, Gulf of Mexico and South Atlantic Coasts." Final
report, Contract No. NA-80-6A-C-0051, NMFS, SEFC, Miami, FL.
This report presents the results of an economic survey of commercial
reef fishing in the South Atlantic and gulf of Mexico regions of the U.S.
This contract called for the collection of data with analysis left to the
SEFC, NMFS. This report summarizes the survey design and methodology,
presents a discussion of the survey data and analytical procedures, and
concludes with some observations and recommendations for future consideration.
Nettles, Cindy I., Robert E. Bayley, Christopher D. Jones, and Mike T. Judge
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