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

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Species Management Division, National Marine Fisheries Service, 1335<br />

East-West Highway, Silver Spring, MD, July 17, 17 pp.<br />

Formal Blue Water Fishermen s Association comments on the proposed 1995<br />

TAC for swordfish.<br />

Bell, Johann D. (1983). Effects <strong>of</strong> Depth and Marine Reserve Fishing<br />

Restrictions on the Structure <strong>of</strong> a Rocky Reef Fish Assemblage in the<br />

North-Western Mediterranean Sea. Journal <strong>of</strong> Applied Ecology, 20:357-<br />

369.<br />

The present study used an underwater observation technique that<br />

accounted for both the abundance and size class structure <strong>of</strong> each fish species<br />

within a transect area, and was designed to (i) determine the effect <strong>of</strong> depth<br />

on the structure <strong>of</strong> the rocky reef fish assemblage, (ii) assess the<br />

effectiveness <strong>of</strong> a marine reserve as a sanctuary for rocky reef fishes by<br />

examining differences in the structure <strong>of</strong> fish communities at similar depths<br />

within and outside the reserve, and (iii) describe fish communities at two<br />

depths within the reserve as a basis for monitoring further changes in their<br />

structure.<br />

Bell, Frederick (1972). "Technological Externalities and Common-<br />

Property Resources: An Empirical Study <strong>of</strong> the U.S. Northern<br />

Lobster Fishery." Journal <strong>of</strong> Political Economy, 80(1):148-158.<br />

This paper demonstrates the effect <strong>of</strong> technological externalities on the<br />

production <strong>of</strong> northern lobsters, a common property resource. An increase in<br />

effort (that is, size <strong>of</strong> the industry) <strong>of</strong> 100,000 traps fished will depress<br />

landings per trap for the individual firm by 2.4 pounds. Therefore, the<br />

northern lobster industry produces so as to equate average revenue to long run<br />

average cost. Approximately one-half <strong>of</strong> the present fishing effort would be<br />

needed to achieve economic efficiency or marginal cost pricing. The goal <strong>of</strong><br />

allocative efficiency should be weighted against the strategy to provide<br />

somewhat greater employment, especially in rural areas where labor opportunity<br />

cost is relatively low.<br />

Bell, Frederick (1986). "Mitigating the Tragedy <strong>of</strong> the Commons."<br />

Southern Economic Journal, 52(3):653-664.<br />

As fish farming has emerged to compete with a preexisting common<br />

property fishery sector, rent dissipation and consequently welfare losses may<br />

be reduced. Fish farming increases the increment to supply resulting in lower<br />

prices and reduces the quantity supplied by the commons (not necessarily<br />

true). Welfare gains accrue only when marginal cost is rising faster than<br />

average cost, which is the usual case in the wild <strong>fisheries</strong>. Using data from<br />

the Louisiana pond and wild crawfishing industries for 1978, fish farming <strong>of</strong><br />

crawfish reduced potential welfare losses by 76 percent. See AJAE article<br />

below.<br />

Bell, Frederick (1986). "Competition from Fish Farming in Influencing<br />

Rent Dissipation: The Crawfish Fishery." American Agricultural<br />

Economics Association, February: 95-101.<br />

As fish farming has emerged to compete with a preexisting common<br />

property fishery sector, rent dissipation and consequently welfare losses may<br />

be reduced. Fish farming increases the increment to supply resulting in lower<br />

prices and reduces the quantity supplied by the commons (not necessarily<br />

true). Welfare gains accrue only when marginal cost is rising faster than<br />

average cost, which is the usual case in the wild <strong>fisheries</strong>. Using data from<br />

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