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

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Somers, Ian and You-Gan Wang (1995). A Bioeconomic Analysis <strong>of</strong> Seasonal<br />

Closures in Australia s Multispecies Northern Prawn Fishery. Draft<br />

report submitted to the North American Journal <strong>of</strong> Fisheries Management.<br />

In Australia s northern prawn fishery, seasonal closures are used to<br />

manage the size composition <strong>of</strong> the commercial catch. While primarily aimed at<br />

short term economic benefits <strong>of</strong> improved yield per recruit, they are also used<br />

to help reduce the risk <strong>of</strong> recruitment over fishing. Until recent years,<br />

seasonal closures took the form <strong>of</strong> a single closed season in late summer to<br />

protect juvenile banana prawns (Penaeus merguiensis) during months <strong>of</strong> peak<br />

recruitment. However, with the growing commercial importance <strong>of</strong> tiger prawns,<br />

(P. esculentus and P. semisulcatus) and concern for their recruitment over<br />

fishing, a second mid year closure was introduced to protect subadult tiger<br />

prawns until their main spawning season, which begins in August. In this<br />

paper, we use a simulation model <strong>of</strong> the northern prawn fishery to assess the<br />

biological and economic effectiveness <strong>of</strong> seasonal closures, specifically in<br />

yield, income, net operating income, and spawning stock indices. Because<br />

there is no reliable spawning stock recruitment relationship, recruitment was<br />

assumed to be constant; thus analysis was effectively per recruit. Our base<br />

model, with closures between 1 December and 1 April and between 25 June and 1<br />

August, closely resembles the current seasonal closure regime in the fishery.<br />

Using this model, net operating income was found to increase by 3.7% with a<br />

single closed season between 28 November and 14 April, but tiger prawn<br />

spawning indices reduced by an average <strong>of</strong> 5.6%. A single closed season<br />

between 13 December and 8 May retained the same protection on subadult tiger<br />

prawns as the base model, but increased the net income by 2.3%. Net operating<br />

income was relatively insensitive to closure dates; any opening date between<br />

17 March and 2 June would result in net operating income within 5% <strong>of</strong> the<br />

maximum.<br />

Song, Yann-huei (1998). Comments Made In Relation to Management <strong>of</strong> Fishing<br />

Capacity. Associate Research Fellow, Institute <strong>of</strong> European and<br />

American Studies, Academia Sinica, Nankang, Taipei, Taiwan, Technical<br />

Working Group on the Management <strong>of</strong> Fishing Capacity, La Jolla<br />

California, U.S.A., April 15-18, 4 pp.<br />

A list <strong>of</strong> important issues in relation to management <strong>of</strong> fishing capacity<br />

which need to be carefully addressed in the guidelines on fishing capacity.<br />

Sonu, Sunee C. (1994). "The Japanese Market for U.S. Tuna Products."<br />

NOAA Technical Memorandum NMFS, NOAA-TM-NMFS-SWR-029, U.S.<br />

Department <strong>of</strong> Commerce, National Oceanic and Atmospheric<br />

Administration, National Marine Fisheries Service, Southwest<br />

Region, Long Beach, California, September, 64 pp.<br />

An assessment <strong>of</strong> the Japanese tuna market and the role that U.S. firms<br />

could play in meeting demand for fresh tuna products. Five strategies are<br />

suggested: (1) farming <strong>of</strong> bluefin tuna; (2) value added products; (3) direct<br />

sale <strong>of</strong> fresh tuna to the Tokyo central wholesale market; (4) sale to other<br />

wholesale markets; and (5) direct sales to supermarket chains.<br />

Sonu, Sunee C. (1995). "The Japanese Sea Urchin Market." NOAA<br />

Technical Memorandum NMFS, NOAA-TM-NMFS-SWR-030, U.S. Department<br />

<strong>of</strong> Commerce, National Oceanic and Atmospheric Administration,<br />

National Marine Fisheries Service, Southwest Region, Long Beach,<br />

California, September, 33 pp.<br />

Japan is by far the world s largest importer and consumer <strong>of</strong> sea urchin<br />

roe. The United States has become the largest supplier <strong>of</strong> sea urchins and sea<br />

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