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The Changing Northeast United States Marine-Based Economy

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  • The impacts of fishery management actions on shore-based fishing and fishing related infrastructure have received increased attention in the Northeast region of the United States. However, analyses of these impacts have generally focused on directly affected fisheries, ignoring changes in other fisheries and on other sea and land-based activities. Developing an understanding of the total economic implications of fishery management actions requires a broader cumulative effects perspective. We examined trends in the larger marine-based Northeast regional economy, including commercial fishing, recreational boating, and commercial shipping. County Business Patterns data were used to evaluate interrelationships among fishing, boating, and shipping industrial groups and to asses co-dependence among individual industrial sectors within each marine sector group. The data available included the numbers of employees and establishments at the four-digit level using the North American Industrial Classification System. However, major adjustments to the data were required to account for confidentiality in reporting. Performance indicators included (a) changes in estimated employment shares over time and (b) measures of industry concentration, such as the Herfindahl index. Using these indicators we identified spatial and temporal patterns in the Northeast marine economy during 1998 through 2005 emanating from changes in marine fishery conditions.
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  • Thunberg, Eric and Di Jin. 2008. The Changing Northeast United States Marine-Based Economy. 12 pages. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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