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

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the report s conclusions are that seafood demand continues to rise in the face<br />

<strong>of</strong> rising prices, and that the highly concentrated U.S. cod market is shifting<br />

over to the more available and cheaper pollock. While existing models need<br />

some revisions to accurately reflect developments since 1988, they provide<br />

useful guidance about the responsiveness <strong>of</strong> the U.S. market to changes in<br />

prices and supply levels <strong>of</strong> some species and product forms.<br />

Shumway, C. Richard, Rulon D. Pope, and Elizabeth K. Nash (1984).<br />

"Allocatable Fixed Inputs and Jointness in Agricultural<br />

Production: Implications for Economic Modeling." American Journal<br />

<strong>of</strong> Agricultural Economics, 66(1):72-78.<br />

Allocatable fixed inputs, such as land, are a potentially important<br />

source <strong>of</strong> jointness in agriculture. As with other causes <strong>of</strong> jointness, they<br />

necessitate multiple product systems for modeling product supply and input<br />

demand. In other important ways, however, their analytical implications are<br />

very different from other causes <strong>of</strong> jointness. Model specification differs.<br />

Demand functions for the quantities <strong>of</strong> each input used in the production <strong>of</strong><br />

individual commodities can be derived if a primal approach is used, but such<br />

allocation equations cannot in general be identified from a dual<br />

specification. Available allocation data are not even useful in such dual<br />

estimations.<br />

Sick, Lowell V., James W. Andrews, and David B. White (19??).<br />

"Preliminary Studies <strong>of</strong> Selected Environmental and Nutritional<br />

Requirements for the Culture <strong>of</strong> Penaeid Shrimp." Fisheries<br />

Bulletin, 70(1):101-109.<br />

Establishing selected preliminary environmental and nutritional<br />

requirements for penaeid shrimp resulted in the successful and reproducible<br />

production <strong>of</strong> major biomass increases with relatively high survival rates and<br />

low food conversion ratios.<br />

Siegel, Robert A. and Richard S. Johnston (eds.) (1989). "Economic and<br />

Trade Strategies in World Fisheries." Marine Fisheries Review,<br />

51(1):1-2.<br />

Introduces the special section <strong>of</strong> the Marine Fisheries Review that<br />

presents papers dealing with world trade issues. The aim <strong>of</strong> the section was<br />

to provide an overview <strong>of</strong> several international trade issues that affect the<br />

development <strong>of</strong> <strong>fisheries</strong> economic policy. The general areas <strong>of</strong> discussion<br />

include the role <strong>of</strong> <strong>fisheries</strong> in the U.S. balance <strong>of</strong> trade, current<br />

negotiations on <strong>fisheries</strong> trade and tariffs, and U.S. and foreign economic<br />

trade strategies and policies.<br />

Sil, Jayashree and Steven Buccola (1995). Efficiency <strong>of</strong> the Multiplant,<br />

Multiproduct Firm. American Journal <strong>of</strong> Agricultural Economics,<br />

77(4):1001-1011.<br />

A general framework is provided for assessing the technology, cost, and<br />

efficient scale <strong>of</strong> a multiplant, multiproduct firm. We show sufficient<br />

conditions for the existence <strong>of</strong> a plant cost function, and necessary and<br />

sufficient conditions for using plant-level data to draw exact firm-level cost<br />

inferences. We also distinguish between plant and input nonjointness and show<br />

the optimal relation between plant-level and firm-level cost elasticity in a<br />

multiproduct setting. The framework is applied to a vegetable processing<br />

cooperative, which is found to operate below its efficient scale.<br />

Silberberg, Eugene (1972). "Duality and the Many Consumer's Surpluses."<br />

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