Hostname: page-component-78c5997874-fbnjt Total loading time: 0 Render date: 2024-11-15T07:13:55.952Z Has data issue: false hasContentIssue false

The Analysis of Surf Clam Production Using an Exhaustible Resource Model

Published online by Cambridge University Press:  10 May 2017

Robert S. Cessine
Affiliation:
Department of Agricultural Economics, University of Maryland
Ivar Strand
Affiliation:
Department of Agricultural Economics, University of Maryland
Get access

Extract

The surf clam (sp. Spisula solidissima) is the predominant clam species harvested in the United States. Starting from modest beginnings as a New England bait clam fishery, surf clam meats are now used in virtually all processed clam products, having crowded out other species from their bate or processed goods markets over the past 20 years. This has been due primarily to the surf clams’ greater availability, high meat yield and low cost of harvesting by mechanical means. In 1974, the surf clam fishery produced landings of 96 million pounds of meats, approximately 80 percent of the total catch of all species. The value of landings in 1974 was $12.2 million, over 30 percent of the value of all U.S. landings. Unfortunately, this trend is not expected to continue unabated. Catch in 1975 decreased by 10 percent to 87 million pounds. Current stocks available for harvesting are one-fourth of what they were in 1970 (Chang, Ropes, and Merrill). Due to the increased effort being applied to the remaining populations, it is doubtful that the resource will be able to reach previous harvest levels.

Type
Fisheries and Aquaculture
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

Maryland Agr. Exp. Station Contribution No. 5528.

References

Literature Cited

Bell, Frederick W.Technological Externalities and Common Property Resources: An Empirical Study of the U.S. Lobster Industry.” J. Pol. Econ. 80(1972): 148158.Google Scholar
Chang, S., Ropes, J.W. and Merrill, A.S.An Evaluation of the Surf Clam Population and Fishery in the Atlantic Bight.” Unpublished manuscript. National Marine Fisheries Service, Sandy Hook Laboratory. Highlands, New Jersey, 1976.Google Scholar
Ciriacy-Wantrup, S.V. Resource Conservation: Economics and Policies. University of California Press, Berkeley, 1968.Google Scholar
Cummings, R.G.Some Extensions of the Economic Theory of Exhaustible Resources.” West. Econ. J. 7(1969): 201210.Google Scholar
Davis, Jacson, Theberge, N.B., Strand, M.N., Bockstael, N.P., and Gates, J.Atlantic Management Schemes for the Surf Clam Fishery.” Spec. Rep. in App. Mar. Sci. No. 103, Virginia Inst. of Mar. Sci. Gloucester Point, Virginia.Google Scholar
Gates, John M. and Norton, Virgil J.The Benefits of Fisheries Regulation: A Case Study of the New England Yellowtail Flounder Fishery.” Marine Tech. Report, No. 21, University of Rhode Island. 1974.Google Scholar
Gordon, R.L.A Reinterpretation of the Pure Theory of Exhaustion.” J. Pol. Econ., 75(1967): 274–86.Google Scholar
Gorham, Abby H.A Dynamic Bioeconomic Model of the Surf Clam Fishery.” Unpublished Ph.D. Dissertation, University of Rhode Island. 1977.Google Scholar
Hotelling, H.The Economics of Exhaustible Resources.” J. Pol. Econ. 39(1931): 137–75.Google Scholar
Johnston, J. Econometric Methods. McGraw-Hill Book Company. New York, 1963.Google Scholar
Ward, Frank A.The Welfare Effects of a Market Allocation of an Exhaustible Resource.” Unpublished Ph.D. Dissertation, Colorado State University. 1977.Google Scholar