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

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three Gear-Based Approaches in Alaska. In Brad Warren, Win-Win Bycatch<br />

Solutions. National Fisheries Conservation Center, Seattle WA.<br />

A low bycatch scallop harvester, pot traps for cod that reduce halibut<br />

bycatch, and, trawl mesh panels to exclude juvenile pollock from groundfish<br />

trawls are discussed as means to make fishing gear more selective in<br />

harvesting fish in directed <strong>fisheries</strong>.<br />

Tobin, James (1958). "Estimation <strong>of</strong> Relationships for Limited Dependent<br />

Variables." Econometrica, 26:24-36.<br />

A model <strong>of</strong> a hybrid <strong>of</strong> probit analysis and multiple regression is<br />

developed in this paper.<br />

Tomasi, Theodore D., Carol A. Jones, and Stephanie W. Fluke (1995). Public<br />

and Private Claims in Natural Resource Damage Assessments. Draft,<br />

Resource Valuation Branch, damage Assessment Center, National Oceanic<br />

and Atmospheric Administration, Silver Spring MD, July 13, 40 pp.<br />

In this paper, we consider the distinctions between public and private<br />

claims for injuries to public resources and analyze areas <strong>of</strong> potential<br />

overlap.<br />

Toussaint, W. D. (1992). "The Flue-Cured Tobacco Program." AG-476,<br />

North Carolina Cooperative Extension Service, College <strong>of</strong><br />

Agriculture & Live Sciences, North Carolina State University.<br />

The tobacco program began in the 1930's but has changed over time to<br />

adapt to changes in the industry. The program now operates at no cost to the<br />

government except for some general administrative costs and provides foreign<br />

and domestic buyers with a dependable quantity <strong>of</strong> tobacco. Quota owners<br />

receive higher net incomes because <strong>of</strong> the program and the year to year<br />

variability <strong>of</strong> prices received by growers is reduced.<br />

Townsend, Ralph E. (1985). "On "Capital Stuffing" in Regulated<br />

Fisheries." Land Economics, 61(2):195-197.<br />

As almost uniform experience in <strong>fisheries</strong> managed by limited entry has<br />

been the increased use <strong>of</strong> capital by each firm. This is widely regarded as an<br />

undesirable loophole in programs to limit fishing effort. Closer examination<br />

indicates that the increased use <strong>of</strong> capital by firms is produced by at least<br />

six different incentives. Moreover, not all <strong>of</strong> these incentives are<br />

economically undesirable. The net effect <strong>of</strong> "capital stuffing" is ambiguous<br />

and can only be evaluated empirically.<br />

Townsend, Ralph E. (1986). "A Critique <strong>of</strong> Models <strong>of</strong> the American<br />

Lobster Fishery." Journal <strong>of</strong> Environmental Economics and<br />

Management, 13:277-291.<br />

A number <strong>of</strong> studies have used the American lobster fishery to raise<br />

theoretical and empirical issues in the economic application <strong>of</strong> Schaefer<br />

yield-effort models. The present research shows that both published variants<br />

<strong>of</strong> the Schaefer yield-effort model are poor predictors <strong>of</strong> landings in the<br />

lobster fishery. The analysis suggests that minimum size rules in the lobster<br />

fishery make the Beverton-Holt dynamic pool model more appropriate to the<br />

lobster fishery than the Schaefer yield-effort model.<br />

Townsend, R.E. (1990). "Entry Restrictions in the Fishery: A Survey <strong>of</strong><br />

the Evidence." Land Economics, Vol. 66, No. 4, Nov., pp. 359-378.<br />

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