LaFleur, Elizabeth and Yeates, Diane and Aysen, Angelina (2005) Estimating the Economic Impact of the Wild Shrimp, Penaeus sp., Fishery: A Study of Terrebonne Parish, Louisiana. Marine Fisheries Review, 67(1), pp. 28-42.
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Two approaches are used to estimate the economic impact of domestic wild shrimp, Penaeus sp., fishing in Terrebonne Parish, Louisiana. A 2002 survey of commercial shrimp fishermen in the Parish yields information on sales and operating costs, and results are used to estimate a 1-yr sales effect in the Parish of $36.7 to $128.1 million due to shrimp fishing. In addition, 2001 shrimp ticket sales data ($49.9 million) are input into a REMI (Regional Economic Models, Inc.) model built for the 4-parish bayou region of Louisiana. The REMI model forecasts a year 1 reduction in gross regional product (GRP) of $45.9 million in the 4-parish area if the shrimp fishing industry were to disappear in Terrebonne Parish, and an 8-yr cumulative negative impact on GRP in the bayou region of $191.3 million. Study limitations and suggestions for future research are included.
|Title:||Estimating the Economic Impact of the Wild Shrimp, Penaeus sp., Fishery: A Study of Terrebonne Parish, Louisiana|
|Journal or Publication Title:||Marine Fisheries Review|
|Page Range:||pp. 28-42|
|Issuing Agency:||United States National Marine Fisheries Service|
|Depositing User:||Patti M. Marraro|
|Date Deposited:||14 Aug 2012 18:54|
|Last Modified:||14 Aug 2012 18:54|
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