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

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CRD-87/88-06, 75 Virginia Beach Drive, Miami, FL 33149, November.<br />

Despite the uncertainties in the data, the analysis <strong>of</strong> Nichols et al.<br />

(1987) attached, and herein indicate there is potential for increased fishery<br />

production <strong>of</strong> red snappers and mackerels by reduction <strong>of</strong> bycatch. It appears<br />

that the potential is largest for red snapper, where reduction in bycatch<br />

might increase yield by as much as 90 percent. The potential for percentage<br />

increase in Spanish mackerel yield in reducing bycatch is less than that for<br />

red snapper; the potential is even less for king mackerel.<br />

Pritchard, David L., Ellie R. Roche, and Frederick C. Sutter (1995).<br />

"Marine Fisheries Initiative Program." 1994 Annual Report,<br />

Cooperative Programs Division, Southeast Regional <strong>Office</strong>, National<br />

Marine Fisheries Service, 9721 Executive Center Drive, North, St.<br />

Petersburg, FL, January, 40 pp.<br />

The annual report presents major findings from studies conducted with<br />

MARFIN funds and presents a summary <strong>of</strong> the analyses presented at the annual<br />

conference. Bycatch, reef fish, and coastal and oceanic pelagic fish research<br />

is highlighted. The report also contains a summary <strong>of</strong> fiscal year 1994<br />

projects and an <strong>annotated</strong> <strong>bibliography</strong> <strong>of</strong> completed research.<br />

Prochaska, F.J. (1978). "Prices, Marketing Margins, and Structural<br />

Change in the King Mackerel Marketing System." Southern Journal<br />

<strong>of</strong> Agricultural Economics,July, pp.105-109.<br />

This article determines the functional relationship between the<br />

marketing margin and market prices, volume marketed, change in market<br />

structure, and the cost <strong>of</strong> marketing services for King mackerel in Florida. A<br />

price dependent, single equation demand model based on monthly data is<br />

estimated and used to derive a marketing margin equation. All the usual<br />

problems <strong>of</strong> simultaneity are evident in the analysis <strong>of</strong> mackerel price.<br />

Prochaska, F.J. (1978). "Theoretical and Empirical Considerations for<br />

Estimating Capacity and Capacity Utilization in Commercial<br />

Fisheries." American Journal <strong>of</strong> Agricultural Economics,<br />

60(5):1020-1025.<br />

The purpose <strong>of</strong> this paper is to address the question <strong>of</strong> capacity with<br />

particular reference to the development <strong>of</strong> fishery management plans. The<br />

discussion is divided into three parts. First, the theoretical construct <strong>of</strong><br />

capacity will be examined. The second part is a discussion <strong>of</strong> methodological<br />

problems in empirical measurement. The final section contains a review <strong>of</strong><br />

measures <strong>of</strong> capacity used in a sample <strong>of</strong> fishery management plans.<br />

Prochaska, F.J. (1984). "Principle Types <strong>of</strong> Uncertainty in Seafood<br />

Processing and Marketing." Marine Resource Economics, 1(1):51-66.<br />

Uncertainty in the processing and marketing sector arise in the sales <strong>of</strong><br />

final products, the procurement <strong>of</strong> seafood supplies, and the operation <strong>of</strong> the<br />

marketing firm or processing plant. Major uncertainties in marketing and<br />

processing seafoods are associate with inferior market price and quantity<br />

data, time delays between procurement <strong>of</strong> raw product and sales <strong>of</strong> final<br />

products, breakdown in market signals between market levels, product image<br />

changes, and export sales. Major supply related uncertainties are associated<br />

with variations in environmental and biological factors, factors determining<br />

type and quantity <strong>of</strong> fishing effort, government regulations, and foreign<br />

supply factors. Uncertainties internal to the operation <strong>of</strong> processing and<br />

marketing firms are encountered through storage-related activities, new<br />

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