437 research outputs found
Public Costs of Florida Red Tides, 2007
FE711, a 4-page executive summary by Kimberly L. Morgan, Sherry L. Larkin, and Charles M. Adams, summarizes Public Costs of Florida Red Tides: A Survey of Coastal Managers, a study which attempted to quantify public expenditures and procedures resulting from red tide-related management and mitigation issues. Includes references. Published by the UF Department of Food and Resource Economics, June 2008
Economic Consequences of Harmful Algal Blooms: Literature Summary
This 10-page fact sheet summarizes the existing literature that attempts to measure some of the economic consequences associated with harmful algal blooms and describes the methodologies, types and sources of data used, types of HABS examined, research gaps in previous studies. Was written by Sherry L. Larkin and Charles M. Adams, and published by the UF Department of Food and Resource Economics, August 2013.
http://edis.ifas.ufl.edu/fe93
Strategies to Address Red Tide Events in Florida: Results of a 2010 Survey of Coastal Residents
Residents in coastal communities might oppose programs for preventing, controlling, or mitigating the effects of these harmful algal blooms if they would increase costs to residents or would cause harm to other aspects of the marine environment. This 5-page report presents the results of a survey intended to help summarize public opinion, inform policy makers, and evaluate possible programs for use in Florida. Written by Sherry L. Larkin, Kristen M. Lucas, Charles M. Adams, and John Stevely and published by the UF Department of Food and Resource Economics, April 2011.
Strategies to Address Red Tide Events in Florida: Results of a 2010 Survey of Coastal Residents
Residents in coastal communities might oppose programs for preventing, controlling, or mitigating the effects of these harmful algal blooms if they would increase costs to residents or would cause harm to other aspects of the marine environment. This 5-page report presents the results of a survey intended to help summarize public opinion, inform policy makers, and evaluate possible programs for use in Florida. Written by Sherry L. Larkin, Kristen M. Lucas, Charles M. Adams, and John Stevely and published by the UF Department of Food and Resource Economics, April 2011.
Strategies to Address Red Tide Events in Florida: Results of a 2010 Survey of Coastal Residents
Residents in coastal communities might oppose programs for preventing, controlling, or mitigating the effects of these harmful algal blooms if they would increase costs to residents or would cause harm to other aspects of the marine environment. This 5-page report presents the results of a survey intended to help summarize public opinion, inform policy makers, and evaluate possible programs for use in Florida. Written by Sherry L. Larkin, Kristen M. Lucas, Charles M. Adams, and John Stevely and published by the UF Department of Food and Resource Economics, April 2011.
A BIOECONOMIC ANALYSIS OF MANAGEMENT ALTERNATIVES FOR THE U.S. NORTH ATLANTIC SWORDFISH FISHERY
A bioeconomic model of the North Atlantic swordfish (Xiphias gladius) fishery is developed to evaluate policy-relevant management options as changes from the status quo. The model accounts for heterogeneity in vessel and trip characteristics, including the number of sets placed and catch composition. Results indicate that five-year economic returns to the U.S. Atlantic pelagic longline (PLL) fleet can be increased by reducing juvenile swordfish mortality or fleet size (and possibly changing fleet composition). These policies may not be effective, however, if implemented simultaneously. Domestic management of the swordfish fishery was found to be effective, despite the small share of the international quota. Lastly, producer surpluses earned by the domestic PLL vessel owners are significantly affected by: (1) changes in swordfish demand (due to, for example, the recent chef's boycott), (2) success at negotiating the swordfish quota share, (3) catch rates, and (4) relative costs of heterogeneous vessels and trip behavior.Resource /Energy Economics and Policy,
INCORPORATING STOCHASTIC HARVESTS INTO AN ANALYSIS OF PRODUCTION: THE U.S. ATLANTIC AND GULF OF MEXICO PELAGIC LONGLINE FLEET
Vessel operators maximize expected utility indirectly through cost-minimizing production decisions subject to stochastic harvests. Data on the Atlantic longline fleet, available from NMFS logbooks, is used for the empirical analysis. An ex ante multi-input cost function that incorporates expected rather than realized output levels is estimated and results are reported.Resource /Energy Economics and Policy,
POLICY IMPLICATIONS OF RESTRICTED ACCESS STRATEGIES FOR MULTISPECIES FISHERIES
The commercial fishery that primarily targets king mackerel, stone crab, snappers, groupers and spiny lobster in Monroe and Collier counties is one of the most important commercial fisheries in Florida. These species currently face problems of overfishing and/or over capitalization. A dual-based restricted profit function is used to estimate the economic and technical interactions that exist in this multi-species fishery, primarily using own-price and cross-price elasticities of supply. It is found that the production technology does not exhibit input-output separability and nonjointness-in-inputs over all species groups. This result suggests that these key species may be more efficiently managed as a group, rather than with the use of existing single species regulations. Spiny lobster and stone crab, the dominant value species in the fishery, are shown to have very elastic substitution relationships with king mackerel.Resource /Energy Economics and Policy,
FIRM-LEVEL HEDONIC ANALYSIS OF U.S. PRODUCED SURIMI: IMPLICATIONS FOR PROCESSORS AND RESOURCE MANAGERS
Firm-level data on U.S. produced surimi, the only seafood product that is graded on the objective measurement of several quality characteristics, are used to estimate the effect of production variables (e.g., hours between harvest and processing) and policy variables (e.g., fishing seasons) on product characteristics. Transactions data are then used to estimate hedonic equations and derive implicit prices for each characteristic of surimi used to produce seafood analogs and traditional products in the U.S. and Japanese markets, respectively. Implicit prices are also estimated for surimi grade, production location (onshore, at-sea), and production date. Results indicate that several factors (including species) significantly affect surimi characteristics. Color and gel strength have the largest price impact, and market conditions alter the relative prices associated with improving certain characteristics. Overall results demonstrate that management decisions that affect fish quality—and, therefore, processed product quality and price—directly affect the wholesale value of the fishery.Resource /Energy Economics and Policy,
Portfolio Analysis for Optimal Seafood Product Diversification and Resource Management
Future harvests from commercial fish stocks are unlikely to increase substantially due to biological and regulatory constraints. Developing alternative sets of processed seafood products is one strategy for increasing welfare while managing the risks inherent in a variable and renewable natural resource. To quantify the risk-benefit tradeoffs of alternative strategies, a portfolio decision framework is embedded into a multi-period bioeconomic model. The model is used to generate an efficient portfolio frontier to estimate possible rent dissipation from status quo management. Frontiers are also generated for seafood processors and brokers. Implications for the different industry agents are discussed.bioeconomic analysis, dynamic optimization, Markowitz, Pacific whiting, portfolio analysis, resource management, seafood processing, Resource /Energy Economics and Policy,
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