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

In this paper a bioeconomic simulation of the U.S. fisheries for silver
hake, Merluccius bilinearis, is presented. The model design combines elements
of age structured population and harvest yield models with the economics of
the silver hake fishery. The analysis evaluates both biological and economic
effects of interest to managers, such as future yields or rebuilding of
parental stock as well as future revenues and net returns to vessels. The
bioeconomic model is used to evaluate the economic implications of tradeoffs
between alternative selection patterns in the U.S. Atlantic silver hake
fishery. Throughout the study, a selection pattern is defined as the suite of
age specific selection coefficients that are applied to a fish population over
time. Of particular interest is exploration of whether trade offs among
segments of a fish population can result in increased resource value. This
question is explored within the context of whether a limited juvenile fishery
can co-exist with traditional fisheries without jeopardizing silver hake
stocks and if so, under what conditions might such a fishery operates.
Thunberg, Eric and James L. Seale (1992). "Economic Analysis of United
States Demand for Swordfish and the Economic Effects of Effort
Reduction on the Gulf of Mexico Swordfish Fishery." Final Project
Report, MARFIN, Department of Food and Resource Economics, P.O.
Box 110240, University of Florida, Gainesville, FL 32611-0240.
In an attempted to reduce fishing mortality on the North Atlantic
swordfish fishery, domestic and international management agencies have
cooperated in a multilateral effort to establish quotas and minimum size
requirements. These restrictions can have significant economic consequences
on the participants in the fishery. However, little information on the
economic relationships of the swordfish fishery is available. The objectives
of this study were to develop an economic model of the U.S. swordfish markets
including swordfish demand and supply functions from each of four different
sources of supply, estimate changes in consumer and producer surplus
associated with harvest reduction measures in the North Atlantic, examine the
indirect effects of North Atlantic swordfish on tunas, and nonmanagement unit
swordfish stocks. A general equilibrium modeling approach was adopted to
construct an economic model of swordfish supply and demand. Predicted
consumer surplus losses are $3.4 million annually, while producer surplus
losses to domestic North Atlantic swordfish fishermen are $5.98 million.
These results are based on an analysis in which supplies of swordfish from
nonmanagement unit stocks were allowed to respond to predicted price changes
following the imposition of quotas in the North Atlantic. Consumer surplus
losses were estimated to be slightly higher if this supply response was not
taken into account. The results showed that changes in swordfish prices do
affect tuna markets, hence, North Atlantic swordfish management may have
unintended effects on effort directed toward tuna as a substitute species.
Further, supply responses from nonmanagement unit were found to be greater
than that for management unit stocks suggesting that North Atlantic swordfish
management could have implications for harvest effort and management concern
toward other stocks.
Thunberg, Eric and Scott Steinback (1996). A Simulation Model to Evaluate
the Impacts of Recreational Fishery Bag and Size Limits. Draft report,
Social Sciences Branch, Northeast Fisheries Science Center, 166 Water
Street, Woods Hole, MA.
A stochastic simulation approach is presented to assess the recreational
fishing impacts of Amendment 7 to the Northeast Multispecies Fishery
Management Plan. Impacts are presented by mode (party/charter and
private/rental boat) and area (North: Maine, New Hampshire, and Massachusetts,
and South: Connecticut, Rhode Island, and New York). To account for
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