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

Commodity Economics Division, Economic Research Service, U.S.
Department of Agriculture, Staff Report No. AGES 9136.
Eighty-eight theoretical and empirical studies that focus on various
aspects related to modeling the economic linkage between retail demand and
farm level demand for food commodities and related inputs are reviewed. The
focus of each study and its more salient features and conclusions related to
the retail to farm demand linkage are summarized.
Wolfe, Philip (1959). "The Simplex Method for Quadratic Programming."
Econometrica, 27(3):381-398.
A computational procedure is given for finding the minimum of a
quadratic function of variables subject to linear inequality constraints. The
procedure is analogous to the Simplex Method for linear programming being
based on the Barankin-Dorfman procedure for this problem.
Wolff, Maury (1972). "A Study of North Carolina Scrap Fishery."
Special Scientific Report No. 20, Division of Commercial and Sports
Fisheries, North Carolina Department of Natural and Economic
Resources, March, 29 pp.
A total of 18,955 fish were tagged in an effort to obtain movement,
growth, and mortality characteristics of young Atlantic croaker (Micropogon
undulatus), Spot (Leiostomus xanthurus), and Weakfish (Cynoscion regalis).
Samples were taken from trawler landed scrapfish. Sixty-three species of fish
were identified. Spot, croaker, and weakfish comprised 48.2% by weight of the
total scrap. Seventeen edible species totaled 71.0% of the trawler discard.
Comparison of landings and discard samples indicated that nearly 100%, 65%,
and 43% of landed spot, croaker, and weakfish, respectively, are discarded as
scrap. Samples were collected to determine the ratio of discarded fish to
shrimp and the species composition of the fish discard. Fifty-one species of
fish were identified in the samples. Spot, croaker, and weakfish totaled
66.8% by weight of the discard. Fifteen edible species accounted for 84.2% of
the discard. The overall fish/shrimp discard ratio expressed in pounds was
determined to be 5.4:1. The ratio for night samples was 46:1, while that for
day samples was 6.3:1. Samples of spot, croaker, and weakfish were retained
during tagging operations for age analyses. Forty-one percent of all spot,
49% of all croaker, and 81% of all weakfish discarded as scrap were 0 age.
Woodland, A.D. (1979). "Stochastic Specification and the Estimation of
Share Equations." Journal of Econometrics, 10:361-383.
The standard stochastic specification for a system of share equations is
obtained by assuming that the shares have a joint normal distribution with
means depending upon exogenous variables and a constant covariance matrix.
This specification ignores the requirement that shares be between zero and
unity by giving positive probability to shares outside this range. An
alternative stochastic specification involving the Dirichlet distribution,
that automatically limits shares to the unit simplex, is suggested. A
comparison of results obtained from the two specifications is made using
sampling experiments and data from three different empirical studies. The
sampling experiments and empirical applications show that the results are
generally quite close, thus providing some justification for the continued use
of the normal distribution specification in the estimation of share equations.
The World Bank (1991). "Staff Appraisal Report, Republic of Maldives,
Third Fisheries Project." Report No. 9880-MAL, Agricultural
Operations Division, Country Department V, Asia Regional Office.
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