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

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found that fishermen are responsive to economic incentives and do move between<br />

occupations to take advantage <strong>of</strong> earning differentials. This mobility,<br />

however, is tempered by noneconomic factors such as age, location, religion,<br />

isolation, and occupational preference. Labor appears to be quite mobile<br />

between occupations but less so between locations.<br />

Panzar, John C. and Robert D. Willig (1978). "On the Comparative<br />

Statics <strong>of</strong> a Competitive Industry with Inframarginal Firms." The<br />

American Economic Review, 68(3):474-478.<br />

A simple analytical model <strong>of</strong> a competitive industry with a rising supply<br />

curve is developed by positing that firms may have diverse endowments <strong>of</strong> a<br />

fixed factor in inelastic supply. Thus, in equilibrium, there may be<br />

inframarginal firms earning economic rents that are imputed to the fixed<br />

factor. When there are inframarginal firms, only the input market measure <strong>of</strong><br />

social benefits is accurate.<br />

Paris, Quirino (1988). "Long-Run Comparative Statics Under Output and<br />

Land Price Uncertainty." American Journal <strong>of</strong> Agricultural<br />

Economics, 70(1):133-141.<br />

Several authors have noticed that, in the uncertain short run, the<br />

supply function may slope downward and the input demand functions may slope<br />

upward. These possibilities prevent the setup <strong>of</strong> unambiguous tests <strong>of</strong><br />

rational behavior. In this article, testable hypotheses for the competitive<br />

firm operating in a price uncertain environment are derived assuming a long<br />

run horizon.<br />

Some <strong>of</strong> these hypotheses take the form <strong>of</strong> Slutsky type relations involving the<br />

relative input demand functions (the ratios <strong>of</strong> input to output quantities).<br />

Homogeneity restrictions involving input and output mean prices, in general,<br />

are absent under uncertainty. Conditions for restoring this homogeneity are<br />

also discussed. The main result is the rediscovery <strong>of</strong> the importance <strong>of</strong><br />

relative quantities for the analysis <strong>of</strong> a long run equilibrium.<br />

Park, Hoanjae (1996). Econometric Welfare Evaluation <strong>of</strong> Regulatory Fishing<br />

Restrictions: A Synthetic Inverse Demand System Approach. Ph.D.<br />

Dissertation, Department <strong>of</strong> Economics, North Carolina State University,<br />

Raleigh, N.C., 188 pp.<br />

This dissertation develops an integrated inverse demand system, called<br />

the synthetic inverse demand system (SIDS) extending Barten s (1993) ordinary<br />

demand approach into the inverse demand approach. It further extends the<br />

static SIDS system dynamically by incorporating habit formation. The current<br />

study suggests four possible SIDS systems and selects the system according to<br />

the average information inaccuracy criterion. Then the study proposes and<br />

applies some tools <strong>of</strong> welfare measurement appropriate for the inverse demand<br />

approach. In addition, this dissertation tackles aggregation problems since,<br />

for fish, one may hesitate to accept the species as the relevant economic<br />

commodity.<br />

Parker, Jack C. (ed.) (1972). Key to the Estuarine and Marine Fishes <strong>of</strong><br />

Texas. Texas Agricultural Extension Service, Department <strong>of</strong> Wildlife<br />

and Fisheries Science, Texas A&M University, College station, Texas,<br />

May, 177 pp.<br />

A guide to the estuarine and marine fishers <strong>of</strong> Texas.<br />

Parks, Peter J. and Manuel Bonifaz (1994). Nonsustainable Use <strong>of</strong> Renewable<br />

Resources: Mangrove Deforestation and Mariculture in Ecuador. Marine<br />

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