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

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single site, while accounting for the presence <strong>of</strong> substitutes (other site<br />

prices). This is as opposed to estimating the entire system <strong>of</strong> demand<br />

equations, such as was done by Burt and Brewer (1971) and Cicchetti, Fisher,<br />

and Smith (1976). The conclusion <strong>of</strong> H<strong>of</strong> and King (1982) is important for<br />

empirical work, for by use <strong>of</strong> their procedure, unbiasedness in benefit<br />

estimates can be maintained while data requirements and associated costs are<br />

greatly reduced since use data are required for only the site in question<br />

rather than the system <strong>of</strong> sites. The author agrees with the approach and adds<br />

additional theoretical evidence to support it. See H<strong>of</strong> and King (1983) for a<br />

reply.<br />

Ward, John (1982). "Bureau <strong>of</strong> Commercial Fisheries Economic Working<br />

Papers Series: Annotated Bibliography." National Oceanic and<br />

Atmospheric Administration Technical Memorandum NMFS-SEFC-86,<br />

National Marine Fisheries Service, Southeast Fisheries Center,<br />

Miami, FL, February, 37 pp.<br />

The economic staff <strong>of</strong> the Bureau <strong>of</strong> Commercial Fisheries and later the<br />

National Marine Fisheries Service compiled a series <strong>of</strong> approximately 177<br />

economic working papers between 1969 and 1973. The papers deal with various<br />

subjects in the area <strong>of</strong> <strong>fisheries</strong> <strong>economics</strong>. Abstracts from 122 <strong>of</strong> these<br />

papers have been collected here for the purpose <strong>of</strong> indicating those studies<br />

that may be utilized for further research or as reference by the Southeast<br />

Fisheries Center economic staff. This list will be expanded as more <strong>of</strong> the<br />

working papers become available.<br />

Ward, John M. (1984). "A Synthesis <strong>of</strong> Cost and Revenue Surveys for<br />

Vessels Operating in the Gulf <strong>of</strong> Mexico Shrimp Fishery." Draft<br />

Report, U.S. Department <strong>of</strong> Commerce, National Oceanic and<br />

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

Southeast Fisheries Center, Miami Laboratory, 75 Virginia Beach<br />

Drive, Miami, FL, May, 22 pp.<br />

Hedonic cost and revenue functions are estimated for the Gulf <strong>of</strong> Mexico<br />

shrimp fishery using data published in annual surveys <strong>of</strong> the fleet from 1971<br />

to 1980. Comparable costs, revenues, and pr<strong>of</strong>its are estimated for three<br />

vessel size classes for the Texas, Louisiana, and Florida inshore and <strong>of</strong>fshore<br />

fleets. The cost and revenue estimates indicate that fishing firms have<br />

generally been pr<strong>of</strong>itable over the time period <strong>of</strong> the analysis, exclusive <strong>of</strong><br />

opportunity costs.<br />

Ward, John M. (1988). "A Synthesis <strong>of</strong> Cost and Revenue Surveys for Gulf<br />

<strong>of</strong> Mexico Shrimp Vessels." Marine Fisheries Review, 50(1):47-52.<br />

Since detailed cost data are not routinely collected and the published<br />

survey data from various sources are not easily compared, trends in costs and<br />

revenues for the Gulf <strong>of</strong> Mexico shrimp fishing fleet cannot be readily<br />

determined. A consistent data set for comparing vessel operating costs and<br />

revenues between states, vessel sizes, and years was estimated using weighted<br />

least squares regression analysis. Differences in the sample variance between<br />

the published cost and revenue data caused by time, type <strong>of</strong> survey, region<br />

surveyed, vessel size, sample size, or area <strong>of</strong> operation are accounted for in<br />

the econometric model. The coefficient <strong>of</strong> determination adjusted for the<br />

degrees <strong>of</strong> freedom and the F statistic indicate that the model specification<br />

provides a good statistical fit to the survey data.<br />

Ward, J.M. (1988). "Vessel Operating Behavior in the Gulf <strong>of</strong> Mexico<br />

Shrimp Fishery: Annotated Bibliography." National Oceanic and<br />

Atmospheric Administration Technical Memorandum NMFS-SEFC-212,<br />

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