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

eventually leads to a decline in the productivity of labor and in the size of
the fish stock. More importantly, the excessive use of labor in the fishery
deprives the marketplace of not only fish but the productive use of that labor
in another industry; leading to a reduced total level of production.
Therefore, more jobs in a fishery are not necessarily better for the nation
since diverting labor to other industries could result in more products being
produced at lower cost. Markets are considered to be economically efficient
when they produce the highest level of output at the lowest possible cost.
Efficient markets are defined by clearly defined, transferable, and
enforceable property rights. Markets tend to be inefficient where these
property rights are not clearly defined such as in open access fisheries. By
applying the economic modeling framework to the fishery problem in cases where
property rights are nonexistent, management regulations can be evaluated to
determine if they improve or exacerbate market efficiency.
Ward, John M. (1993). "The Bioeconomic Implications of A Bycatch
Reduction Device as a Stock Conservation Management Measure."
Draft report submitted to the Journal of Marine Resource
Economics.
The proposed regulation to reduce bycatch and discarding of finfish in
the southeastern region is a gear modification that excludes finfish from
shrimp trawls. This regulation is analyzed using a simple theoretical model
of a multispecies fishery whose bycatch is harvested in a directed fishery
consisting of commercial and recreational fishermen. The costless reduction
in bycatch fishing mortality imposed on the multispecies fishery does not
result in an increased stock size for the bycatch fish species or a
substantial increase in its level of harvest. Instead, the fish stock is
reallocated from the multispecies fishery to the fishery directed at the
bycatch species causing fishing effort to expand in the bycatch species
fishery that drives the stock size down to the previously existing equilibrium
level. Recreational harvest and effort levels remain unchanged since the
model is linear in effort and the commercial fishery is given access to the
fishery first.
Ward, John M. (1993). 1996 Pelagic Logbook Trip Summary Form. Cost and
earnings data collection questionnaire and proposed model, U.S.
Department of Commerce, National Oceanic Administration, National Marine
Fisheries Service, 2 pp.
An indirect cost model is proposed based on a modification to data
collected via logbook.
Ward, John M. (1993). 1996 Pelagic Logbook Trip Summary Form. Cost and
earnings data collection questionnaire and proposed model, U.S.
Department of Commerce, National Oceanic Administration, National Marine
Fisheries Service, 2 pp.
An indirect cost model is proposed based on a modification to data
collected via logbook.
Ward, John M. (1994). "An Annotated Bibliography of Economic and
Biological Research Related to the Fishery Resources of the United
States." NOAA Technical Memorandum NMFS-SEFSC-342, 454 pp.
An annotated bibliography of approximately 1500 articles, reports,
memorandas, and text books concerning renewable and nonrenewable resources.
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