the long-term economic impacts of hatchery research and innovation. Although somewhat difficult to quantify [29] [30] [31] , the considerable and consistent year-to-year research output at McNenny likely produces substantial long-term economic benefits both within the local economy and well-beyond the borders of South Dakota [32] [33] [34] .

This study is the first to determine the economic impact of any publicly-owned fish hatchery in South Dakota, and any state-owed fish hatchery in the United States. This information can be used by administrators while making decisions on future budgeting and expenditures. As an initial effort, the results from this study should be verified by additional information on hatchery economics as well as a large survey of anglers to determine more accurate values for willingness-to-pay per fish caught or for increases in fish size.

Acknowledgements

We thank Jill Voorhees and Nathan Huysman for their review of this manuscript and Robert Hanten for his assistance in obtaining information on the Chinook salmon program.

Cite this paper
Barnes, M. and Palmer, T. (2019) Economic Impact of McNenny State Fish Hatchery, Spearfish, South Dakota, USA. Modern Economy, 10, 1581-1588. doi: 10.4236/me.2019.106104.
References
[1]   Bureau of Economic Analysis (BEA) (2018) Outdoor Recreation Satellite Account.
https://www.bea.gov/news/2018/outdoor-recreation-satellite-account-updated-
statistics-2012-2016


[2]   Outdoor Industry Association (OIA) (2018) Outdoor Participation Report.
https://outdoorindustry.org/resource/2018-outdoor-participation-report

[3]   U.S. Fish and Wildlife Service and U.S. Census Bureau (USFWS and USCB) (2018) 2016 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation. Publication FHW/16-Nat(RV).
https://doi.org/10.3886/ICPSR08201

[4]   Jackson, J.R., Boxrucker, J.C. and Willis, D.W. (2004) Trends in Agency Use of Propagated Fishes as a Management Tool in Inland Fisheries. American Fisheries Symposium, 44, 121-138.

[5]   U.S. Fish and Wildlife Service (USFWS) (2019) Fish Production.
https://www.fws.gov/fisheries/nfhs/fish_production.html

[6]   Chilton, G. (2017) Fish Propagation Annual Report for 2016. Fish Division, Oregon Department of Fish and Wildlife, Salem.
https://doi.org/10.2172/963065

[7]   United States Department of Agriculture (USDA) (2014) 2012 Census of Agriculture. Census of Aquaculture (2013), Volume 3, Part 2, AC-12-SS-2, Washington DC.
https://www.agcensus.usda.gov/Publications/2012/Online_Resources/Aquaculture/aquacen.pdf

[8]   MacCrimmon, H.R. (1971) World Distribution of Rainbow Trout (Salmo gairdneri). Journal of the Fisheries Research Board of Canada, 28, 663-704.
https://doi.org/10.1139/f71-098

[9]   Kerr, S.J. and Lasenby, T.A. (2000) Rainbow Trout Stocking in Inland Lakes and Streams: An Annotated Bibliography and Literature Review. Fish and Wildlife Branch, Ontario Ministry of Natural Resources, Peterborough.

[10]   Johnson, D.M. and Walsh, R.G. (1987) Economic Benefits and Costs of the Fish Stocking Program at Blue Mesa Reservoir, Colorado. Colorado Water Resources Research Institute, Fort Collins.

[11]   Caudill, J. (2005) The Economic Effects of Rainbow Trout Stockings by Fish and Wildlife Service Hatcheries in FY 2004. U.S. Fish and Wildlife Service, Division of Economics, Arlington.

[12]   Caudill, J. (2007) The Economic Impacts of Trout Stocking on Tailwaters in the Southeast Aquatic Resources Partership (SARP). U.S. Fish and Wildlife Service, Division of Economics, Arlington.

[13]   U.S. Fish and Wildlife Service (USFWS) (2006) Economic Effects of Rainbow Trout Production by the National Fish Hatchery System. USFWS, Atlanta.

[14]   Barnes, M.E. (2007) Fish Hatcheries and Stocking Practices: Past and Present. In: Berry, C., Higgins, K., Willis, D. and Chipps, S., Eds., History of Fisheries and Fishing in South Dakota, South Dakota Department of Game, Fish and Parks, Pierre, 267-294.

[15]   South Dakota Department of Game, Fish and Parks (SDGFP) (2018) Final Performance Report. F16AF00525/F-41-D-27, Pierre.

[16]   South Dakota Department of Game, Fish and Parks (SDGFP) (2015) Strategic Plan 2016-2020, Pierre.
https://gfp.sd.gov/userdocs/docs/strategic-plan-2.pdf

[17]   South Dakota Department of Game, Fish and Parks (SDGFP) (2019) Division of Wildlife Budget Information, Pierre.
https://gfp.sd.gov/budget

[18]   Bureau of Labor Statistics (BLS) (2018) Bureau of Labor Statistics.
https://doi.org/10.4135/9781412963947.n46

[19]   Dalton, R.S., Bastian, C.T., Jacobs, J.J. and Wesche, T.A. (1998) Estimating the Economic Value of Improved Trout Fishing on Wyoming Streams. North American Journal of Fisheries Management, 18, 786-797.
https://doi.org/10.1577/1548-8675(1998)018<0786:ETEVOI>2.0.CO;2

[20]   Whitehead, J.C. and Aiken, R. (2007) Temporal Reliability of Willingness to Pay from the National Survey of Fishing, Hunting and Wildlife-Associated Recreation. Applied Economics, 39, 777-786.
https://doi.org/10.1080/00036840500438996

[21]   Johnson, D.M., Behnke, R.J., Harpman, D.V. and Walsh, R.G. (1995) Economic Benefits and Costs of Stocking Catchable Rainbow Trout: A Synthesis of Economic Analysis in Colorado. North American Journal of Fisheries Management, 15, 26-32.
https://doi.org/10.1577/1548-8675(1995)015<0026:EBACOS>2.3.CO;2

[22]   Barnes, M.E., Simpson, G. and Durben, D.J. (2009) Post-Stocking Harvest of Catchable-Sized Rainbow Trout Enhanced by Dietary Supplementation with a Fully Fermented Commercial Yeast Culture during Hatchery Rearing. North American Journal of Fisheries Management, 29, 1287-1295.
https://doi.org/10.1577/M08-218.1

[23]   Johnson, B., Lott, J., Nelson-Stastny, W. and Riis, J. (1997) Annual Fish Population and Sport Fish Harvest Surveys on Lake Oahe, South Dakota 1996. Annual Report 97-15, South Dakota Department of Game, Fish and Parks, Pierre.

[24]   U.S. Fish and Wildlife Service and U.S. Census Bureau (USFWS and USBC) (1997) 1996 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation. Washington DC.
https://doi.org/10.3886/ICPSR34641

[25]   American Sportfishing Association (ASA) (2007) State and National Economic Effects of Fishing, Hunting and Wildlife-Related Recreation on U.S. Forest Service-Managed Lands.
https://doi.org/10.3886/ICPSR34641

[26]   U.S. Fish and Wildlife Service (USFWS) (2001) Economic Effects of Trout Production by National Fish Hatcheries in the Southeast. USFWS, Atlanta.

[27]   Charbonneau, J.J. and Caudill, J. (2010) Conserving America’s Fisheries. An Assessment of Economic Contributions from Fisheries and Aquatic Resource Conservation. U.S. Fish and Wildlife Service, Division of Economics, Arlington.
https://www.fws.gov/home/feature/2011/pdf/fisherieseconomicreport.pdf

[28]   Tourism Economics (2017) Economic Impact of Tourism in South Dakota, 2017.
https://sdvisit.com/sites/default/files/2018-06/17EcoImp_Tourism_Economics.pdf

[29]   Griliches, Z. (1979) Issues in Assessing the Contribution of Research and Development to Productivity Growth. Bell Journal of Economics, 10, 92-116.
https://doi.org/10.2307/3003321

[30]   Williams, D. and Rank, A.D. (1998) Measuring the Economic Benefits of Research and Development: The Current State of the Art. Research Evaluation, 7, 17-30.
https://doi.org/10.1093/rev/7.1.17

[31]   Bessette, R.W. (2003) Measuring the Economic Impact of University-Based Research. Journal of Technology Transfer, 28, 355-361.
https://doi.org/10.1023/A:1024917601088

[32]   Evenson, R.E. (2001) Economic Impacts of Agricultural Research and Extension. In: Gardner, B.L. and Rausser, G.C., Eds., Handbook of Agricultural Economics, Vol. 1, Elsevier, Amsterdam, 573-628.
https://doi.org/10.1016/S1574-0072(01)10014-9

[33]   Salter, A.J. and Martin, B.R. (2001) The Economic Benefits of Publicly Funded Basic Research: A Critical Review. Research Policy, 30, 509-532.
https://doi.org/10.1016/S0048-7333(00)00091-3

[34]   Blanco, L.R., Gu, J. and Prieger, J.E. (2016) The Impact of Research and Development on Economic Growth and Productivity in the US States. Southern Economic Journal, 82, 914-934.
https://doi.org/10.1002/soej.12107

 
 
Top