Simulated economic impact of TED regulations on selected vessels in the Texas shrimp fishery.

dc.acquisition-srcen_US
dc.call-noAcc# 5015en_US
dc.contract-noen_US
dc.contributor.authorClark, J.en_US
dc.contributor.authorGriffin, W.en_US
dc.contributor.authorClark, J.en_US
dc.contributor.authorRichardson, J.en_US
dc.contributor.otherMarine Fisheries Reviewen_US
dc.date.accessioned2010-02-15T17:12:18Z
dc.date.available2010-02-15T17:12:18Z
dc.date.issued1991en_US
dc.degreeen_US
dc.descriptionp. 1-8.en_US
dc.description-otheren_US
dc.description.abstractShrimp fishermen trawling in the Gulf of Mexico and south Atlantic inadvertently capture and kill sea turtles which are classified as endangered species. Recent legislation requires the use of a Turtle Excluder Device (TED) which, when in place in the shrimp trawl, reduces sea turtle mortality. The impact of the TED on shrimp production is not known. This intermediate analysis of the TED regulations using an annual firm level simulation model indicated that the average Texas shrimp vessel had a low probability of being an economic success before regulations were enacted. An assumption that the TED regulations resulted in decreased production aggravated this condition and the change in Ending Net Worth and Net Present Value of Ending Net Worth before and after a TED was placed in the net was significant at the 5 percent level. However, the difference in the Internal Rate of Return for the TED and non-TED simulations was not significant unless the TED caused a substantial change in catch. This analysis did not allow for interactions between the fishermen in the shrimp industry, an assumption which could significantly alter the impact of TED use on the catch and earnings of the individual shrimp vessel.en_US
dc.description.urihttp://gbic.tamug.edu/request.htmen_US
dc.geo-codeGulf of Mexicoen_US
dc.geo-codeTexasen_US
dc.historyen_US
dc.identifier.urihttp://hdl.handle.net/1969.3/22772
dc.latitudeen_US
dc.locationGalveston Bay Collection; TAMUG periodical collectionen_US
dc.longitudeen_US
dc.notesen_US
dc.placeen_US
dc.publisheren_US
dc.relation.ispartofseries5015.00en_US
dc.relation.urien_US
dc.scaleen_US
dc.seriesen_US
dc.subjectshrimp fisheriesen_US
dc.subjectsea turtlesen_US
dc.subjecttestsen_US
dc.subjectlegislationen_US
dc.titleSimulated economic impact of TED regulations on selected vessels in the Texas shrimp fishery.en_US
dc.typeArticleen_US
dc.universityen_US
dc.vol-issue1991; 53(2)en_US
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