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

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The penaeid shrimp resources in the Gulf <strong>of</strong> Mexico provided 423 million<br />

dollars in gross income to shrimp fishermen that represented about 70 percent<br />

<strong>of</strong> the ex-vessel value reported for all <strong>fisheries</strong> in the Gulf in 1982. In<br />

addition to the ex-vessel value generated by the shrimp resources, this report<br />

summarizes four other aspects <strong>of</strong> the fishery; landings, prices, productivity<br />

and harvesting costs. Although landings were down substantially from 1981,<br />

the economic condition <strong>of</strong> the harvesting sector was good during 1982. The<br />

outlook for 1983 suggests a similar situation, albeit significant variations<br />

in domestic landings could alter that outlook.<br />

P<strong>of</strong>fenberger, John R. (1984). "Estimating the Effects <strong>of</strong> King Mackerel<br />

Bag Limits on Charter Boat Captains and Anglers: A Project<br />

Outline." Draft report, U.S. Department <strong>of</strong> Commerce, National<br />

Oceanic and Atmospheric Administration, National Marine Fisheries<br />

Service, Southeast Fisheries Center, Miami Laboratory, Miami,<br />

Florida, October, 19 pp.<br />

A project proposal to obtain recreational fishing values for king<br />

mackerel from charterboat survey data. The proposal outlines travel cost and<br />

contingent valuation methods in relation to the king mackerel recreational<br />

fishery in northern Florida. The objectives <strong>of</strong> the proposed study are to<br />

determine if the demand for charter boat operations is affected by changes in<br />

the number <strong>of</strong> fish an angler can keep, to measure this relationship<br />

empirically, to determine which survey method is best suited for estimating a<br />

demand curve for charter boat operations, and the effects <strong>of</strong> bag limit<br />

restrictions on these curves.<br />

P<strong>of</strong>fenberger, John R. (1985). "Operational and Financial<br />

Characteristics <strong>of</strong> Reef-Fish Vessels in the South Atlantic and<br />

Gulf <strong>of</strong> Mexico Areas." North American Journal <strong>of</strong> Fisheries<br />

Management, 5:379-388.<br />

Cost and revenue data collected from reef fish fishermen in the<br />

southeastern United States provided a comprehensive financial and operational<br />

pr<strong>of</strong>ile <strong>of</strong> commercial fishing vessels during 1980-1981. Analysis <strong>of</strong> variance<br />

test showed that significant differences existed between vessels operated in<br />

the south Atlantic areas versus vessels operated in the eastern Gulf <strong>of</strong><br />

Mexico, although the financial characteristics <strong>of</strong> these vessels were not<br />

significantly different. On the contrary, the financial characteristics <strong>of</strong><br />

vessels using bottom longlines were significantly different than vessels<br />

equipped with the traditional handline fishing gear. Owner operated vessels<br />

also had significantly better financial performance than firm operated<br />

vessels. Returns to labor, management, and owner's equity showed considerably<br />

larger returns for longline equipped and owner operated vessels compared to<br />

handline equipped and firm operated vessels. The former two groups <strong>of</strong> vessels<br />

also were comparatively more efficient based on three measures <strong>of</strong> vessel<br />

efficiency. Lastly, risk analyses were performed for several operational and<br />

financial characteristics <strong>of</strong> these vessels, and they showed little or no<br />

difference in risk between vessels equipped with longlines compared to vessels<br />

using handlines. Comparisons <strong>of</strong> risk, however, did indicate that owner<br />

operated vessels were operated less conservatively than vessels operated by<br />

nonowners. Errors in data collection, inappropriate use <strong>of</strong> statistical<br />

procedures, and understanding the concept <strong>of</strong> risk abound in this analysis.<br />

P<strong>of</strong>fenberger, John R. (1986). "Economic Impacts <strong>of</strong> the Texas Closure,<br />

1981-1985." A report prepared for the Gulf <strong>of</strong> Mexico Fishery<br />

Management Council, Economics and Statistics <strong>Office</strong>, Southeast<br />

Fisheries Center, National Marine Fisheries Service, 75 Virginia<br />

Beach Drive, Miami, Florida, December, 63 pp.<br />

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