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

that are analyzed to estimate value added for the purpose of comparing
economic contributions and productivities between sectors of each fishery and
among fisheries. Costs are also regrouped to distinguish fixed from variable
so as to enable the demonstration of how the alteration of costs structures
will affect differently profit, price, and production.
Penn, Erwin S. and Wenona J. Crews (1979). "Value Added, Margins, and
Consumer Expenditures for Edible Fishery Products in the United
States, 1976-78.
The presentation in value terms of the basic estimates in this study
makes it possible to produce analogous figures that can be compared with gross
national product value of other industries, and total and per capita
expenditures for other food products.
Penn, J.W. and N. Caputi (1986). "Spawning Stock-Recruitment
Relationships and Environmental Influences on the Tiger Prawn
(Penaeus esculentus) Fishery in Exmouth Gulf, Western Australia."
Aust. J. Mar. Freshw. Res., 37:491-505.
A stock-recruitment relationship (SRR) between the spring spawning stock
levels and the following autumn recruitment has been established for P.
esculentus in Exmouth Gulf. The basic SRR fits the data well with the
exception of 2 out of the 14 years when particularly severe cyclones occurred.
This has been taken into account by using multiple regression techniques to
incorporate the amount of rainfall in January and February as variables
representing indices of cyclone activity (multiple correlation of 0.97). A
hypothesis for the observed positive and negative effects of cyclones on
recruit survival has been presented.
The relationship between autumn recruitment and resultant spring
spawning stock (RSR) later that year and the effects of fishing, measured in
effective effort units, has also been established (multiple correlation of
0.94). An examination of the interaction between the SRR and RSR
relationships has been reported which suggests that, under average
environmental conditions and high levels of effort, recruitment will move
towards a new lower equilibrium level. The robustness of the relationships
with respect to assumptions involved and potential sources of bias in the
variables used have been evaluated and discussed.
Pennoyer, Steven (1998). NMFS Bycatch Plan. Memorandum for Rolland A.
Schmitten, Assistant Administrator for Fisheries from Administrator,
Alaska Region.
A request to include retained incidental catch in the NMFS definition of
bycatch. This would prevent the elimination of the bycatch problem by
regulating the retention of incidentally caught fish by Management Councils.
Penson, John B., Jr., Ernest O. Tettey, and Wade L. Griffin (1987). "An
Econometric Analysis of Net Investment in Gulf Shrimp Fishing
Vessels." Technical Article No. TA-20803 of the Texas
Agricultural Experiment Station, Texas A&M University System.
This study evaluated aggregate investment behavior by fishermen for
steel, wooden, and fiberglass fishing vessels in the Gulf of Mexico shrimp
fishery and examined the implications of changes in the cost of acquiring debt
and equity capital on the industry's investment response. Macroeconomic
policies that lead to high real interest rates depress real net investment in
this fishery. While low real interest rates are desirable for stimulating
investment activities in the general economy, they add to the
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