Table 12. — Labor market participation poteritial of target groups I-IV by geographic location. 



'Those having marketable skills. 



^Those having no skill but less than 35 years of age. 



^Those having no skill and in the age bracket 35-65 years. 



''Students and those over 65 years. 



J)Ource: University of Maine Survey Data. 1970. 



indicate some evidence of excess capacity 

 in terms of number of traps owned and 

 number of traps fished and days fished. 

 It was recognized that the remaining 

 fishermen may not be willing or able to 

 capture the entire amount of output at- 

 tributable to the excluded fishermen, at 

 least in the short run. Furthermore, the 

 purpose here is to illustrate what might 

 happen if this assumption holds. If a 

 different figure proves to be more realis- 

 tic, the results will change. 

 Estimate the savings in effort measured in 

 trap-days on the basis of (3) and convert 

 this into monetary values. For this pur- 

 pose, we first calculated how many trap- 

 days would be needed by the excluded 

 fishermen in a given target group to 

 produce the gross income attributed to 

 this group. An average earnings/effort 

 ratio for this group was used to calcu- 

 late the number of trap-days required. 

 Next, an average earnings/effort ratio 

 was computed in the given target group. 



This average ratio was applied to 50% 

 of the total gross income of the group to 

 come up with the number of trap-days 

 that would be required to produce this 

 income by the remaining fishermen. The 

 difference between the two values for 

 trap-days is stated as saving in effort. 

 This quantity multiplied by the average 

 earnings/effort ratio of the remaining fish- 

 ermen produced a monetary measure of 

 saving that can be expected under the 

 stipulated conditions. 



5. Estimate the sum of expected new in- 

 comes generated by those who are con- 

 sidered "potentially employable" based 

 on information of types of jobs available 

 and skills needed in the local market. 

 The number of fishermen in each target 

 group that fits this category was identi- 

 fied and typical wages for indicated jobs 

 were applied to the number of employ- 

 able fishermen to produce a sum of ex- 

 pected income. 



6. Estimate the expected annual income of 



170 



