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

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uncertainties due to a lack <strong>of</strong> empirical data and inherent variability in<br />

number <strong>of</strong> trips, keep rates, release mortality, compliance rates, and<br />

behavioral changes, probability distributions were assigned and a Monte Carlo<br />

simulation with 1,000 iterations run. The simulation results indicate that<br />

the combined impact <strong>of</strong> the bag and size limit management measures will result<br />

in an expected 25% reduction in cod and haddock recreational fishing<br />

mortality. However, due to differences in size and catch distribution, the<br />

management measures have a greater impact on anglers in the North. Nearly<br />

two-thirds <strong>of</strong> the reduction in landings may be attributable to reductions in<br />

the Northern area party/charter and private/rental boat modes.<br />

Thunberg, Eric and Scott Steinback (1996). CCF SAS Program. SAS Program,<br />

Social Sciences Branch, Northeast Fisheries Science Center, 166 Water<br />

Street, Woods Hole, MA.<br />

A SAS program written to combine the Capital Construction Fund data set<br />

with other information to create a combined data set from which cost data<br />

could be inferred for vessels operating in the northeast region.<br />

Thunberg, Eric, Edward Bresnyan, and Charles Adams (1993). "Economic<br />

Analysis <strong>of</strong> Technical Interdependencies and the Value <strong>of</strong> Effort in<br />

a Multi-Species Fishery." Draft report, Food and Resource<br />

Economics Department, University <strong>of</strong> Florida, Gainesville.<br />

The paper reports on the results <strong>of</strong> an analysis <strong>of</strong> the economic<br />

interrelationships in Florida's commercial near shore fishery. A dual based<br />

revenue function is specified to estimate own price and cross price<br />

elasticities <strong>of</strong> supply for selected key species and to estimate the marginal<br />

value <strong>of</strong> effort. Empirical findings indicate the fishery is characterized by<br />

joint production among all species pairs and that the complementarity <strong>of</strong><br />

production is strongest for mullet as compared to any other species. This<br />

finding implies that effective management <strong>of</strong> the near shore species complement<br />

may be possible through management measures designed to reduce the harvest <strong>of</strong><br />

mullet. The paper concludes by demonstrating the potential effect that<br />

restricting harvest on mullet might have on landings <strong>of</strong> other near shore<br />

species. The amount <strong>of</strong> compensation payments required to leave commercial<br />

harvesters as well <strong>of</strong>f with the management change as without it are also<br />

presented.<br />

Thunberg, Eric, Edward Bresnyan, and Charles Adams (1995). "Economic<br />

Analysis <strong>of</strong> Technical Interdependencies and the Value <strong>of</strong> Effort in<br />

a Multi-Species Fishery." Marine Resource Economics, 10(1):59-76.<br />

The paper reports on the results <strong>of</strong> an analysis <strong>of</strong> the economic<br />

interrelationships in Florida's commercial near shore fishery. A dual based<br />

revenue function is specified to estimate own price and cross price<br />

elasticities <strong>of</strong> supply for selected key species and to estimate the marginal<br />

value <strong>of</strong> effort. Empirical findings indicate the fishery is characterized by<br />

joint production among all species pairs and that the complementarity <strong>of</strong><br />

production is strongest for mullet as compared to any other species. This<br />

finding implies that effective management <strong>of</strong> the near shore species complement<br />

may be possible through management measures designed to reduce the harvest <strong>of</strong><br />

mullet. The paper concludes by demonstrating the potential effect that<br />

restricting harvest on mullet might have on landings <strong>of</strong> other near shore<br />

species. The amount <strong>of</strong> compensation payments required to leave commercial<br />

harvesters as well <strong>of</strong>f with the management change as without it are also<br />

presented.<br />

Thunberg, E.M., T.E. Helser, and R.K. Mayo (1994). "An Age-Structured<br />

6 7 1

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