required include cost and earnings information by vessel and gear type, 

 demand relationships and the potential non-fishing employment and earnings 

 opportunities of fishermen. 



(iii) Fisheries development 



Sections 2(a)(7) and 2(b)(6) express the intent of Congress to 

 encourage development of fisheries not utilized or underutilized by U.S. 

 fishermen. Thus, the Act is concerned with fisheries development as well 

 as with conservation and management of stocks on which established fisheries 

 are based. The information implications of fisheries development differ in 

 certain respects from those of fisheries management. For fisheries manage- 

 ment, many decisions are repetitive and most information needs are therefore 

 continuous to permit effective monitoring of economic variables. This 

 implies a continuing program for periodic collection of economic statistics 

 for established fisheries. 



Fisheries development decisions are more discrete or "one shot" in 

 nature and since creation of an industry is the issue at stake there is no 

 established industry for which economic statistics can be collected. Both 

 fisheries development and fisheries management plans must involve an inten- 

 sive and integrated examination of all facets of a potential fishery; 

 resource assessment, harvest and processing technologies and costs, market 

 potentials and institutional factors including artificial barriers to trade. 

 While there is much similarity in the types of economic data needed, the 

 absence of an established industry in many cases will force reliance on 

 special studies to collect data and project economic effects of development.^ 



^The most probable procedure may, however, frequently entail extra- 

 polation of economic data for harvesting and processing sectors in 

 established fisheries. 



