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

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producing region. It is important to understand cycles because <strong>of</strong>ten the<br />

wealth that they generate bears little or no relationship to Ricardian rent<br />

which, in turn, makes the design <strong>of</strong> economic policy difficult. Specifically,<br />

the factors that give rise to boom/bust cycles and how they are related to<br />

Ricardian rent are explored. Wealth is distinguished from net farm income<br />

and/or Ricardian rent. Wealth multiplier effects are likely to far exceed<br />

income effect multipliers during certain phases <strong>of</strong> the boom/bust cycle. Other<br />

effects <strong>of</strong> the boom/bust cycle phenomenon are discussed, including farm<br />

diversification, farm size, rural communities, and farm debt.<br />

Schnare, Ann B. (1976). "Racial and Ethnic Price Differentials in an<br />

Urban Housing Market." Urban Studies, 13:107-120.<br />

This study examines the role <strong>of</strong> racial and ethnic preferences in an<br />

urban housing market. The theoretical section develops a simple, long run<br />

equilibrium model <strong>of</strong> household location that examines the relationship between<br />

demographic externalities, housing market segregation, and housing prices.<br />

Under assumption <strong>of</strong> perfectly mobile households and complete supply<br />

adjustment, externalities will normally produce highly segregated<br />

neighborhoods with rent differentials that reflect the demographic preferences<br />

<strong>of</strong> their residents.<br />

Schnare, David W. (1998). "Protecting Fish and Fisherman - Economic<br />

Analysis Under the Regulatory Flexibility Act." Draft report<br />

presented at the American Fisheries Society Annual Meeting,<br />

Hartford Conn, August, 31 pp.<br />

A discussion <strong>of</strong> the economic analysis necessary to meet the requirements<br />

under the Regulatory Flexibility Act with a detailed discussion <strong>of</strong> the<br />

shortcomings in the IRFA for the proposed shark quota regulations.<br />

Schrank, William E. (1997). The Newfoundland Fishery: Past, Present and<br />

Future. Department <strong>of</strong> Economics, Memorial University, St. Johns,<br />

Newfoundland, March, 47 pp.<br />

A discussion <strong>of</strong> the collapse <strong>of</strong> the cod fishery in Newfoundland and the<br />

governments response to it. The fundamental problems <strong>of</strong> the Newfoundland<br />

fishery are considered and suggested long term solutions are discussed.<br />

Schrank, William E. (1997). The Newfoundland Fishery: Past, Present<br />

and Future. In World Wildlife Fund s Subsidies and Depletion <strong>of</strong><br />

World Fisheries, WWF s Endangered Seas Campaign, 1250 Twenty-<br />

Fourth St., NW, Washington, D.C., 136 pp.<br />

A discussion <strong>of</strong> the collapse <strong>of</strong> the cod fishery in Newfoundland and the<br />

governments response to it. The fundamental problems <strong>of</strong> the Newfoundland<br />

fishery are considered and suggested long term solutions are discussed.<br />

Schrank, William E. and R.L. Mazany (1994). Econometric Modeling <strong>of</strong><br />

World Trade in Groundfish: Progress Report. North American<br />

Journal <strong>of</strong> Fisheries Management, 14:291-296.<br />

This paper describes the process that led to the world groundfish trade<br />

model project that originated at the 1988 conference <strong>of</strong> the International<br />

Institute for Fisheries Economics and Trade, held in Esbjerg, Denmark, and was<br />

organized at an international conference held in St John s, Newfoundland, in<br />

1989. The motivation for the project is discussed, as are the proceedings <strong>of</strong><br />

the Newfoundland conference, with its emphasis on the interactions among<br />

demand, supply, and institutional factors in the development <strong>of</strong> such a model,<br />

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