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

economic return to the fishery and an annotated bibliography of biological,
economic, and sociological research related to the shrimp fishery.
Ward, John M. (1994). "Economic Analysis of Finfish Bycatch in the Gulf
of Mexico Shrimp Fishery." MARFIN Cooperative Agreement Number
92NMFS11, Division of Economics and Trade Analysis, Southeast
Regional Office, National Marine Fisheries Service, St.
Petersburg, FL, July.
A primary data collection effort was contracted for using MARFIN funds.
A request for proposals was prepared and Resource Economics Consultants were
selected to interview and collect costs, returns, and bycatch information from
a sample of shrimp fishermen in the Gulf of Mexico. Data was collected for
the three most current years of vessel operation in the Gulf of Mexico shrimp
fishery and combined with historic data from other sources. Preliminary data
was analyzed to ensure that accurate information was collected and data entry
errors were minimized. This information was then used to estimate a vessel
operating cost model. This approach permits the estimation of costs and
returns for individual vessels in the Gulf of Mexico shrimp fishery.
Estimates of costs, revenues, and net revenues have been prepared and are
presented in the Stock Assessment and Fishery Evaluation Report for the Gulf
of Mexico Shrimp Fishery, 1994 Update (SAFE). The SAFE report also provides a
discussion of the impacts of proposed fishery management regulations to reduce
finfish bycatch in the shrimp fishery. The final contract report by Resource
Economics Consultants is attached.
Ward, John M. (1994). "Factor Rents and Windfall Profits." Position
Paper presented at the Limited Access Workshop, Seattle,
Washington, November 1-3. National Marine Fisheries Service,
Southeast Regional Office, St. Petersburg, FL.
Individual transferable quota programs that have been adopted in the
U.S. have allocated the fishing rights at no charge to the historical
fishermen. As a result of subsequent trading in an ITQ market, the initially
free ITQ market shares and poundage coupons become valuable. It is the
contention of this paper, however, that this increase in ITQ value reflects a
reallocation of resource rents from the quasi-fixed factor inputs of capital
and labor to a relatively more fixed factor input; the ITQ. As a result, the
initial sale does not represent a windfall profit to the fisherman who was
initially allocated the ITQ, at least in fully developed or over developed
common property fisheries.
Ward, John M. (1994). "Trawl Bycatch Presentation." Division of
Economics and Trade Analysis, Southeast Regional Office, National
Marine Fisheries Service, St. Petersburg, FL.
A presentation of the static and dynamic impacts of a gear modification
to reduce finfish bycatch in another directed fishery. The effects of a
bycatch reduction device on a fishery that generates a bycatch of finfish in
its directed fishery operations on the commercial and recreational sectors of
a fishery directed at the bycatch species is determined. The implications are
that the costs to society exceed the benefits for this management approach,
commercial and recreational fishing effort levels for the bycatch species
fishery increase, and alternative management measures such as individual
transferable quotas would be more successful in reaching management
objectives.
Ward, John M. (1995). "Cost and Revenues in the Gulf of Mexico Shrimp
Fishery." Draft report, National Marine Fisheries Service,
7 0 4