IDEAS home Printed from https://ideas.repec.org/a/oup/ajagec/v58y1976i4_part_1p644-652..html
   My bibliography  Save this article

Optimum Effort and Rent Distribution in the Gulf of Mexico Shrimp Fishery

Author

Listed:
  • Wade L. Griffin
  • Ronald D. Lacewell
  • John P. Nichols

Abstract

Traditional methods used to estimate fishing effort that maximizes rent to an open access resource have almost universally assumed all costs are directly proportional to effort. When crews receive a fixed share of gross returns, labor costs are proportional to catch; hence, rent accrues to crews as well as vessel owners under limited entry. A model that allowed costs to be proportional to effort and catch was applied to the Gulf of Mexico shrimp fishery. This study indicates that traditional analysis would result in management schemes that overtax vessels and ignore rent accruing to crews.

Suggested Citation

  • Wade L. Griffin & Ronald D. Lacewell & John P. Nichols, 1976. "Optimum Effort and Rent Distribution in the Gulf of Mexico Shrimp Fishery," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(4_Part_1), pages 644-652.
    • Handle: RePEc:oup:ajagec:v:58:y:1976:i:4_part_1:p:644-652.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2307/1238807
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Monette, Marcel, 1986. "L’Économique des pêcheries : une revue de la littérature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 62(2), pages 289-305, juin.
    2. Schwoerer, Tobias & Knowler, Duncan & Garcia-Martinez, Salvador, 2016. "The value of whale watching to local communities in Baja, Mexico: A case study using applied economic rent theory," Ecological Economics, Elsevier, vol. 127(C), pages 90-101.
    3. Jennifer Gee & Dario Pinello & Konstantinos Polymeros, 2017. "Drivers of Labor-Related Indicators across Diverse Mediterranean Fisheries," Sustainability, MDPI, vol. 9(11), pages 1-16, November.
    4. Akbar Marvasti & Sami Dakhlia, 2021. "Minimum information management and price‐abundance relationships in a fishery," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 69(4), pages 491-518, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ajagec:v:58:y:1976:i:4_part_1:p:644-652.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.