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

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Vessel costs and returns data was assembled for thirty seven vessels,<br />

seventeen <strong>of</strong> which provided 99.9 percent <strong>of</strong> wreckfish landings during the<br />

initial year <strong>of</strong> rights based management. The data collection allowed for the<br />

measurement <strong>of</strong> the economic values generated by the harvesting sector during<br />

the transition to ITQ management, and an evaluation <strong>of</strong> the initial functioning<br />

<strong>of</strong> the markets for harvesting rights.<br />

Richardson, Edward J. and John M. Gates (1982). "A Bioeconomic Analysis<br />

<strong>of</strong> Carapace Length Regulation for the American Lobster Fishery."<br />

Staff Paper Series No. 82-09, Department <strong>of</strong> Resource Economics,<br />

University <strong>of</strong> Rhode Island, Kingston, RI.<br />

A bioeconomic fishery simulator is used to determine the impacts <strong>of</strong> an<br />

increase in the minimum size carapace length regulation for American lobster.<br />

While suboptimal from both economic and biological perspectives, the results<br />

show that the proposal would be more efficient than the status quo.<br />

Richardson, Edward J. and John M. Gates (1986). "Economic Benefits <strong>of</strong><br />

American Lobster Fishery Management Regulations." Marine Resource<br />

Economics, 2(4):353-382.<br />

A simulation model is used to compare measures for future management<br />

identified in the American Lobster fishery management plan; specifically,<br />

increases in the minimum legal size and a modest reduction in aggregate<br />

fishing mortality are evaluated. The analysis differs from previous work in<br />

that the distributional aspects <strong>of</strong> the alternative management regulations are<br />

quantified. The results indicate that (1) both an increase minimum size and a<br />

reduction in fishing mortality are economically justified in the sense that<br />

net benefits are positive; (2) increasing the minimum size without an adjunct<br />

regulation to prohibit entry will cause present fishermen to suffer an initial<br />

short term reduction in revenues for which there will be no long term gain;<br />

(3) because increased minimum size can be justified on the basis <strong>of</strong> consumer<br />

benefits alone, arguments favoring its increase to prevent recruitment failure<br />

are moot as far as a test <strong>of</strong> national economic efficiency is concerned; and<br />

(4) a program <strong>of</strong> effort reduction that reduces by 20% the fraction <strong>of</strong><br />

available lobsters captured annually is projected to generate $1 <strong>of</strong> producer<br />

benefits for every pound <strong>of</strong> lobster landed. Reducing the annual harvest<br />

fraction by 20% results in a level <strong>of</strong> fishery benefits greater than increasing<br />

the minimum size to 89 mm (3.5 inches), and increases the coincidence <strong>of</strong> short<br />

run costs and long term benefits among those impacted by fishery management.<br />

Rickards, Lesley J. (1994). "BODC Quality Assurance Procedures for<br />

Physical Oceanographic Data." C.M. 1994/(C+E+L):1, Joint Session<br />

on Quality Assurance <strong>of</strong> Marine Measurements, International Council<br />

for the Exploration <strong>of</strong> the Sea, 82 nd Statutory Meeting, St.<br />

John's, Newfoundland, Canada, September, 10 pp.<br />

The British Oceanographic Data Centre (BODC) is responsible for the UK's<br />

National Oceanographic Data Bank. This was established both to protect the<br />

long term value <strong>of</strong> oceanographic data and to make high quality data readily<br />

available to a wide user community. Inevitable in order to meet these<br />

requirements, quality assurance <strong>of</strong> the data is a prime consideration. Quality<br />

control procedures have been developed and implemented and these are discussed<br />

with particular reference to moored current meter, sea surface elevation, and<br />

CTD pr<strong>of</strong>ile data. Some quality assurance procedures are common to all the<br />

data types, whereas others are data type specific. Reference is also made to<br />

the qualifying documentation or 'metadata' that must accompany the data for<br />

their full value to be maintained.<br />

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