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

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inflationary levels appeared to be more favorable to investments in the shrimp<br />

fishery than periods <strong>of</strong> high inflationary levels. In terms <strong>of</strong> economic<br />

pr<strong>of</strong>its, steel vessels generally did better than wooden ones. Medium sized<br />

vessels (18.6 - 20.0 m in overall length) were the most efficient vessels to<br />

operate in the Gulf <strong>of</strong> Mexico.<br />

Texas Parks and Wildlife (1991). "The Texas Shrimp Fishery, A Report to<br />

the Governor and the 72nd Legislature." Texas Parks and Wildlife<br />

Department, 4200 Smith School Road, Austin, Texas 78744.<br />

This report reviews the current status and recent developments that<br />

affect the Texas shrimp fishery.<br />

Thabault, Michael G. (1990). "Southwest Region Seafood Dealers Guide,<br />

1990 Edition." Administrative Report SWR-90-02, National Marine<br />

Fisheries Service, Southwest Region, 300 S. Ferry Street, Terminal<br />

Island, CA, January, 93 pp.<br />

This directory contains information concerning companies dealing in<br />

<strong>fisheries</strong> products in Arizona, California, Nevada, Hawaii, Guam, and American<br />

Samoa. This directory also contains information on Federal, State, and<br />

private organizations that may be <strong>of</strong> service to people in the seafood<br />

industry.<br />

Thacker, Sayra G. and Wade L. Griffin (1994). "Indoor Intensive Red<br />

Drum Aquaculture: A Stochastic Sensitivity Analysis." Journal <strong>of</strong><br />

the World Aquaculture Society, 25(1):86-100.<br />

This research uses stochastic sensitivity analysis to examine an indoor<br />

intensive red drum aquaculture facility. Important biological and economic<br />

factors are varied one at a time to determine the chances <strong>of</strong> survival and<br />

success. Results indicate that this type facility is very stable since all<br />

but one scenario had a 100% chance <strong>of</strong> surviving. This stability occurs<br />

because harvesting is spread uniformly through the year. Chances <strong>of</strong> being an<br />

economic success range from 0 to 100% depending on the investor's required<br />

rate <strong>of</strong> return and the assumed level <strong>of</strong> biological and economic factors<br />

considered in this analysis. An investor's interest in red drum farming will<br />

depend on his individual required rate <strong>of</strong> return, his management capabilities,<br />

the market conditions, and his willingness to take a risk. It is certain,<br />

however, that a 0% chance <strong>of</strong> economic success will occur for a red drum farm<br />

under poor management.<br />

Theberge, Bartlett and Carol Furman (1984). "Recommendations for<br />

Action: Panel 3 Angler Needs Marine Recreational Fisheries: A<br />

Potential Political Colossus in Search <strong>of</strong> Itself?" Chapter 22 in<br />

Richard H. Stroud (ed.) Marine Recreational Fisheries, 9,<br />

Proceedings <strong>of</strong> the Ninth Annual Marine Recreational Fisheries<br />

Symposium, Virginia Beach, Virginia, April 24 and 25, National<br />

Coalition for Marine Conservation, Inc., Savannah, Georgia.<br />

Commercial and recreational fishermen share the same resources and must<br />

cooperate to derive the greatest benefits for both groups. The protection and<br />

preservation <strong>of</strong> the habitat necessary to ensure continued commercial and<br />

recreational fishing should be a common goal. Each industry's contribution to<br />

the nation's economy is substantial, and federal and state governments and the<br />

industries must recognize the wisdom <strong>of</strong> working together to establish and<br />

maintain an equitable balance between recreational and commercial <strong>fisheries</strong>.<br />

Theil, Henri (1967). "Economic Relations Involving Conditional<br />

6 6 3

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