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Shrimp export competitiveness and its determinants: a novel dynamic ARDL simulations approach Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-06-24 Md. Akhtaruzzaman Khan, Md. Emran Hossain, Md. Sayemul Islam, Md. Takibur Rahman, Madan Mohan Dey
Abstract This study aims to explore the shrimp export competitiveness of Bangladesh, China, India, Indonesia, Thailand, and Vietnam time spanning from 1990 to 2019. However, emphasizing Bangladesh as a case country, this research looks into the factors influencing shrimp export competitiveness taking into account macroeconomic and policy variables. To do so, we used the recently developed Revealed
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Do Chilean imports lead prices in the EU mussel market? Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-06-22 Leonardo Salazar, Jorge Dresdner
Abstract The impact that added competition of imported mussels from Chile might have had on market prices is one of the main reasons given to explain the decrease in the economic performance of the mussel aquaculture sector in the European Union (EU) in the last two decades. This hypothesis has not yet been tested. In this article we test empirically for price leadership and market integration in the
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The São Paulo wholesale seafood market: A study of fish prices in Brazil Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-06-08 Ruth Beatriz Mezzalira Pincinato, Atle Oglend, Renata Melon Barroso Bertolini, Andrea Elena Pizarro Muñoz
Abstract We analyze fish pricing in the São Paulo wholesale market, the second largest seafood market in South America. Quantitative price analysis is complemented by interviews with participants in the value chain to answer how the multitude of fish products supplied in this market are related and the challenges facing future growth. The results reveal a clear separate pricing of domestically produced
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Dynamics of price volatility spillover in the U.S. catfish market Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-05-31 Prasanna Surathkal, Madan M. Dey, Pratheesh Omana Sudhakaran
Abstract The U.S. catfish aquaculture industry is arguably one of the earliest aquaculture segments in the world to industrialize, and a pioneer in demonstrating the benefits of innovation-driven aquaculture supply chain development over wild-harvested fisheries. However, the industry substantially contracted through the 2003–2013 period. High and volatile feed prices, volatile farm prices, a rapid
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Consumers’ willingness-to-pay for newly developed U.S. farm-raised convenient catfish products: A consumer-based survey study Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-04-22 Kamal Gosh, Uttam Deb, Madan M. Dey
Abstract Accurately measuring willingness-to-pay (WTP) for newly developed food products is critical for academicians and marketing managers. This study measures consumers’ preference and WTP for five newly developed convenient (ready-to-cook) catfish products by surveying 128 participants from Arkansas and Florida. An ordered probit model was applied to survey data to investigate factors influencing
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Modeling the demand across three major protein sources: Focusing on seafood protein Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-04-21 Yeowoon Park, Hayeon Joo, Junghoon Moon
Abstract Despite recent dramatic growth in seafood consumption worldwide, knowledge about seafood demand is limited relative to other protein sources. We model demand across three major protein categories (i.e., terrestrial meat, seafood, and plant-based protein) in South Korea to fill the research gap. This study models a quadratic almost ideal demand system (QUAIDS) by utilizing household panel data
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Clam aquaculture profitability under changing environmental risks Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-04-04 Jordan Moor, Andrew Ropicki, Taryn Garlock
Abstract As filter feeders, mollusks’ growth is completely reliant on the natural environment. This leaves clam aquaculture, and more generally molluskan aquaculture, highly susceptible to environmental risks such as harmful algal blooms (HABs) and low salinity events. As marine environments change, whether due to climatic or nutrient related variations, there may be new risk combinations that farmers
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Consumers’ willingness to pay (WTP) for HACCP certified frozen farmed fish: A consumer survey from wet markets in Dhaka, Bangladesh Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-03-16 Kh Zulfikar Hossain, Jianhong Xue, Md Ghulam Rabbany
Abstract Bangladesh, like many developing countries, has taken various aquaculture product quality and safety control measures. However, it is little is known about Bangladeshi consumers' preferences, and in particular, whether they are willing to pay a price premium for safety improvements and what are the determinants of their WTP. This paper assesses consumers’ preferences and WTP for Hazard Analysis
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Seafood supply and demand disruptions: The Covid-19 pandemic and shrimp Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-03-14 Andrew Schmitz, Ly Nguyen
Abstract We develop a theoretical trade model based on classical welfare economics and apply it empirically to both importers and exporters of shrimp, the most traded seafood, to determine the effects of the Covid-19 pandemic on shrimp produced and consumed in the U.S. and globally. We consider two time periods and compare these to the base period before the pandemic. Period 1 (March–June 2020): there
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Production economic relationships in intensive U.S. catfish production systems Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-02-16 Shraddha Hegde, Ganesh Kumar, Carole Engle, Jimmy Avery, Suja Aarattuthodi, Jeff Johnson, Jonathan van Senten
Abstract The U.S. catfish industry is evolving by adopting intensive farming practices such as intensively aerated ponds and split-pond systems. The functional relationship between fish yield and key production inputs in these intensive systems was analyzed based on commercial catfish production data from 143 pond observations (2010−2018). A Cobb-Douglas production function was employed for the intensively
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How often, how much? An analysis of Label Rouge salmon purchases in France Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-02-04 Arnar Buason, Sveinn Agnarsson, Kyrre Rickertsen
Abstract We investigated the purchases of salmon sold under the Label Rouge quality label in France. A flexible infrequency of purchases model was estimated using French scanner data. The results show that consumers’ perceptions differ substantially between fresh salmon labeled as Label Rouge and other fresh salmon and confirm that Label Rouge results in product differentiation. Furthermore, consumers
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Fish price volatility dynamics in Bangladesh Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2022-01-10 Prokash Deb, Madan Mohan Dey, Prasanna Surathkal
Abstract Price volatility is an important factor in the fish value chain influencing the costs, trade, income, and food security. Therefore, analysis of fish price volatility dynamics can provide valuable insights into the impact of aquaculture growth in Bangladesh, a developing country where much of the animal source protein is obtained through fish consumption. In this article, we use both descriptive
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Risk preference, risk perception, and purchase recovery period: Empirical evidence from salmon contamination of COVID-19 in China Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-12-28 Zhijian Yu, Hefei Bai
Abstract This paper investigates the recovery period of consumer salmon purchase intention after food scares at the Xinfadi wholesale market in China during the COVID-19 pandemic and examines the impact mechanism of risk preference and risk perception on the period duration. Our empirical analysis is based on a survey of 655 salmon consumers in Beijing, Tianjin, and Shanghai. We estimate that the purchase
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The impact of sustainable aquaculture technologies on the welfare of small-scale fish farming households in Myanmar Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-12-22 Yee Mon Aung, Ling Yee Khor, Nhuong Tran, Michael Akester, Manfred Zeller
Abstract This study analyzed the determinants and potential impacts of the adoption of sustainable aquaculture (SA) technologies on the welfare of small-scale aquaculture (SSA) households in Myanmar using an endogenous switching regression model. Welfare is measured by fish productivity and fish income per cycle and Household Dietary Diversity Score. Our analysis revealed that distance to the sale-point
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Economic contribution of the U.S. catfish industry Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-11-26 Shraddha Hegde, Ganesh Kumar, Carole Engle, Terry Hanson, Luke A. Roy, Jonathan van Senten, Jeff Johnson, Jimmy Avery, Suja Aarattuthodi, Sunni Dahl, Larry Dorman, Mark Peterman
Abstract The catfish industry is the largest U.S. aquaculture sector and a major contributor to the rural economies of the Southern states of Alabama, Arkansas, and Mississippi. Economic contributions of this industry to the tristate region were estimated using an input-output modeling approach with the IMPLAN database and software (Impact Analysis for Planning MIG, Inc.). An analysis-by-parts approach
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Technical and scale efficiency of intensive white-leg shrimp (Litopenaeus vannamei) farming in Vietnam: A data envelopment analysis Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-11-24 Pham Thi Anh Ngoc, Vu Le, Thuyen Thi Pham, Hiep Cong Pham, Tru Cong Le, Alfons Oude Lansink
Abstract Intensive shrimp production is a potential pathway to increasing export quantity and meeting Vietnamese national export targets set for the 2020–2030 period. Vietnamese farmers need to efficiently manage their shrimp farming to compete in global markets. This study aims to investigate input- and output-specific technical and scale inefficiencies in Vietnamese shrimp farming practice and their
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Developing a bioeconomic framework for scallop culture optimization and product development Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-11-22 Struan Coleman, Dana Morse, W. Christian Brayden, Damian C. Brady
Abstract Aquaculture is the fastest growing food production sector in the world and is quickly diversifying. In the Northwest Atlantic, interest in sea scallop (Placopecten magellanicus) (hereafter scallop) aquaculture has grown substantially. However, technical and economic challenges have hindered industry growth. We conducted bioeconomic simulations for various sized farms that targeted either live
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Determinants of urban consumer expenditure on aquatic products in Shanghai, China Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-11-13 Ting Meng, Chunxiao Wang, Wojciech J. Florkowski, Zhengyong Yang
Abstract Consumption of aquatic products in China continues to grow and encourages the expansion of aquaculture farms. The examination of factors influencing expenditures on all aquatic products, freshwater fish, squid/octopus, and shellfish uses survey data collected from residents of Shanghai, China. The use of the Tobit modeling approach identified socio-demographic variables such as income, aquatic
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Assessing the economic impact of key operational factors on grow-out farms producing European sea bass under different scenarios of production Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-11-05 José L. Fernández Sánchez, Ignacio Llorente, Bernardo Basurco, Cristóbal Aguilera
Abstract The aim of this work is to evaluate how changes in a set of different key operational factors (e.g., the unit sales price, the fingerling unit cost, the feed unit cost, and so on) would impact on the economic performance of a typical grow-out farm producing European sea bass in the Mediterranean under different scenarios of production related to the farm size (production volume) and production
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Socioeconomic acceptance of aquaculture measured through structural equations modeling. Are there discrepancies between men and women in Spain? Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-10-19 José Ruiz Chico, Mercedes Jiménez García, Antonio Rafael Peña Sánchez, José Antonio López Sánchez
Abstract At present, aquaculture is still subject to social debate. This paper analyzes its social acceptance compared to traditional fishing, mainly by applying the structural equations methodology. This technique has been widely used in recent times in social sciences but is minor in this field. We propose a model in which we break down its acceptance in two dimensions: Product and company. We also
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Pond aquaculture performance over time: A perspective of small-scale extensive pond farming in Bangladesh Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-10-07 Md. Takibur Rahman, Rasmus Nielsen, Md. Akhtaruzzaman Khan
Abstract The continuous growth of the aquaculture sector has motivated numerous empirical studies investigating farm productivity and technical performance over time. However, empirical works focusing on low-value species in developing countries are scarcer due to the lack of data. This paper investigates the sources of productivity changes over time using a meta-frontier Malmquist productivity index
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Improving aquaculture productivity, efficiency and profitability in Bangladesh: Does land ownership matter? Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-10-06 Sandip Mitra, Md. Akhtaruzzaman Khan, Rasmus Nielsen, Md. Takibur Rahman
Abstract This study examines the impact of land tenure systems on aquaculture farm productivity, efficiency, and profitability based on information obtained from interviews with 517 randomly selected aquaculture farms across Bangladesh. Propensity score matching (PSM) is used to estimate productivity variation, and the stochastic frontier production function (SFPF) is employed to analyze efficiency
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Capital structure and firm performance: Agency theory application to Mediterranean aquaculture firms Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-09-17 Isaac Ankamah-Yeboah,Rasmus Nielsen,Ignacio Llorente
Abstract The study uses firm level panel data to determine performance-leverage relationships among Mediterranean aquaculture production firms in Croatia, Italy, Spain, France and Greece. A stochastic frontier production function is used to determine and define performance through firm level efficiency estimates. The multilevel internal instrument variable approach is employed to identify the causal
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Economic tradeoffs and risk between traditional bottom and container culture of oysters on Maryland farms Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-07-10 Carole Engle, Jonathan van Senten, Matthew Parker, Donald Webster, Charles Clark
Abstract Availability of new oyster production methods offers a variety of choices for oyster farmers that include the overall business model, marketing strategy, scale of production, and the production method. Cost structures and relative profitability vary across production methods, scales, and business models. Maryland oyster farms were used as the basis for an assessment of the relative economic
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Profitability differences between public and private firms: The case of Norwegian salmon aquaculture Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-09-03 Marius Sikveland, Ragnar Tveterås, Dengjun Zhang
Abstract Capital requirements increase as aquaculture becomes more industrialized, with firms increasing their scale of production and capital intensity. Public listing at stock exchanges can provide improved access and cheaper financing for firms. Since the public listing is a fairly recent phenomenon and relatively few aquaculture firms have entered stock markets, it is useful to investigate the
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Impact of microcredit on the household income and expenditure of the fish farmers: Bangladesh perspective Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-08-13 Kazi Tanvir Mahmud, A. B. M. Mahfuzul Haque, Ishraat Saira Wahid, Asif Parvez, Fahima Kabir
Abstract Access to credit is a major limitation for small-scale fish farmers in Bangladesh in pursuing their fish farming activities. One attempted remedy is that NGOs have created microcredit facilities to address this limitation. This study empirically assesses the impact of microcredit on the economic welfare of the poor fish farmers in the Mymensingh district of Bangladesh. Opinions of the fish
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Who responds to health, environmental, and economic information about local food? Evidence from Connecticut seafood consumers Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-08-06 Yixing Tian, Rose Croog, John Bovay, Anoushka Concepcion, Tessa L. Getchis, Miriah Russo Kelly
Abstract We designed and implemented a discrete choice experiment to assess how information about the health, environmental, and economic benefits of locally produced aquaculture products affect Connecticut consumers’ willingness to pay (WTP) for products produced in the state, as compared with products from another state or another country. We find that information about local economic benefits tended
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Salmon futures and the Fish Pool market in the context of the CAPM and a three-factor model Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-07-31 Christian-Oliver Ewald, Erik Haugom, Leslie Kanthan, Gudbrand Lien, Pariya Salehi, Ståle Størdal
Abstract Futures on fresh farmed salmon traded at the Fish Pool market in Norway are analyzed in the context of the Capital Asset Pricing Model (CAPM) and a corresponding three-factor model where contracts are separated based on their maturities. Looking into 1 month; 6 months and 12 months contracts, we find that all alphas and most betas are statistically insignificant. We conclude that the CAPM
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Assessment of the impacts of social capital on the profit of shrimp farming production in the Mekong Delta, Vietnam Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-07-06 Duong The Duy, Trinh Quoc Trung, Thai Huynh Phuong Lan, Håkan Berg, Chau Thi Da
Abstract This study assesses capital assets and factors influencing on farmers’ decision to participate in social networks, and how these contribute to and affect household’s profits of small-scale shrimp farmers in four coastal provinces in the Mekong Delta, Vietnam. Data was collected through observations, and informal discussions and interviews with 350 small-scale shrimp farmer households. The
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Impacts of the COVID-19 pandemic response on aquaculture farmers in five countries in the Mekong Region Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-07-01 Louis Lebel, Khin Maung Soe, Nguyen Thanh Phuong, Hap Navy, Phouvin Phousavanh, Tuantong Jutagate, Phimphakan Lebel, Liwa Pardthaisong, Michael Akester, Boripat Lebel
Abstract Public health measures aimed at reducing the spread of COVID-19 can have significant, unintended impacts on livelihoods. In this paper, we assess the impacts of responses to the COVID-19 pandemic on aquaculture farmers in five countries in the Mekong Region. A total of 1,019 farmers were surveyed (June–August 2020). The COVID-19 pandemic reduced farmer mobility, disrupted input and produce
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Climate risk management practices of fish and shrimp farmers in the Mekong Region Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-06-21 Louis Lebel, Tuantong Jutagate, Nguyen Thanh Phuong, Michael Joseph Akester, Amornrat Rangsiwiwat, Phimphakan Lebel, Phouvin Phousavanh, Hap Navy, Khin Maung Soe, Boripat Lebel
Abstract As comparative multi-country studies are rare, not much is known about the effects of regional differences in social-ecological conditions on the adoption of climate risk management practices in aquaculture. This study is based on a large-scale survey of practices of aquaculture operators in Cambodia, Laos, Myanmar, Thailand, and Vietnam. Climate-related risks to profits of aquaculture farms
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Cost efficiency analysis in aquaculture: Data envelopment analysis with a two-stage bootstrapping technique Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-03-30 Le Kim Long
Abstract This study employed data envelopment analysis with a two-stage bootstrapping technique to analyze cost efficiency in aquaculture using the case of intensive white-leg shrimp farming in Phu Yen province, Vietnam. By adopting the bootstrap procedure in the first stage, the bias-corrected point estimate of cost efficiency was 0.604 with the lower limit of 0.541 and the upper limit of 0.687 at
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Effects of co-management on technical efficiency and environmental stressors: An application to small-scale shrimp polyculture in Indonesia Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-03-29 Venticia Hukom, Rasmus Nielsen, Max Nielsen
Abstract Shrimp polyculture is an important activity in South East Asia, providing a livelihood and food for small-scale farmers. However, farmers are facing challenges due to increasing environmental problems in rivers used as the primary source of water in aquaculture pond production. To deal with these challenges, farmers have organized co-management communities, which gives them a stronger voice
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Survey of Florida marine baitfish retailers: Assessment of wholesale supply and the market potential for cultured pinfish and pigfish Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-03-18 Cortney L. Ohs, Audrey H. Beany, Matthew A. DiMaggio
Abstract The marine recreational fishing industry in Florida has an economic impact of $7.6 billion dollars, which includes the expenditures of its 2.4 million licensed anglers. Interest in developing aquaculture techniques for marine baitfish species have served as an impetus for recent research; however, market data in Florida has not been investigated and described in over two decades. The objectives
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Poverty and vulnerability assessment of tilapia farmers in the southwestern States of Oaxaca, Guerrero, and Chiapas in Mexico Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-03-13 Francisco Javier Martinez-Cordero, Edgar Sanchez-Zazueta
Abstract This study assessed the impact of tilapia farming on poverty in the States of Oaxaca, Guerrero, and Chiapas, which have the highest levels of poverty in Mexico. The study uses both 2018 data from a sample of micro- and small-sized farmers in these States, and the Mexican government’s multidimensional poverty methodology. Results show fewer tilapia farmers in extreme or moderate poverty compared
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Economic history of U.S. catfish farming: Lessons for growth and development of aquaculture Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-03-10 Carole R. Engle, Terry Hanson, Ganesh Kumar
Abstract Catfish farming continues to be the largest segment of U.S. aquaculture, and U.S. catfish farmers have demonstrated resilience and resourcefulness in adapting to changing economic conditions. Commercial production began in the 1950s–1960s, with growth leading to processing and marketing challenges in the 1970s. By the early 1980s, the key production, processing, and marketing pieces were in
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Fish farmers’ welfare and climate change adaptation strategies in southwest, Nigeria: Application of multinomial endogenous switching regression model Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-03-10 Lawrence Olusola Oparinde
Abstract This study examined the impact of climate change adaptation strategies on the welfare status of aquaculture fish farmers in Southwest, Nigeria. Multistage sampling procedure was used in the selection of 288 respondents. To account for selection bias due to both observable and unobservable factors where more than two options arise, the multinomial endogenous switching regression model was used
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Willingness to adopt improved shrimp aquaculture practices in Vietnam Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-02-05 Quach Thi Khanh Ngoc, Bui Bich Xuan, Erlend Dancke Sandorf, Truong Ngoc Phong, Luong Cong Trung, Tang Thi Hien
Abstract The shrimp industry plays a leading role in aquaculture development in Vietnam. Currently, the government is running a credit subsidy program to support farmers investing in improved production methods. This paper aimed to investigate white-legged shrimp farmers’ willingness to invest in improved production methods and to examine whether the current government policy for the sector is in line
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Market aspects and external economic effects of aquaculture Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-01-15 Ruth Beatriz Mezzalira Pincinato
This special issue of Aquaculture Economics & Management features five articles based on the 24 contributions presented at the International Association of Aquaculture Economics and Management (IAA...
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Evaluating the regional economic contributions of US aquaculture: Case study of Florida’s shellfish aquaculture industry Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-01-11 Robert Botta,Christa D. Court,Andrew Ropicki,Edward V. Camp
Abstract Regional economic assessments (REAs), including economic contribution and impact analyses, are often used in resource-based industries to inform policymakers, elected officials, and the general public of an industry’s role within the regional economy. However, REAs have been difficult to conduct for the aquaculture industry due to issues with data availability and quality. This paper will
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Do oyster farms actually reduce the property values? Empirical evidence from Rhode Island Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-01-11 Pratheesh O. Sudhakaran,Gavino Puggioni,Hirotsugu Uchida,James Opaluch
Abstract While there in general appears to be public support for shellfish aquaculture operations, the construction of oyster farms often meets opposition where an important argument is devaluation of housing property. This makes it important to study the effect of construction of oyster farms on property value. In this paper house sales data from Rhode Island between 2000 and 2013 is analyzed to evaluate
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Attitudes toward aquaculture and seafood purchasing preferences: Evidence from a consumer survey of Atlantic States Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2021-01-11 Dylan Bouchard, Mary Ellen Camire, Christopher Davis, George Shaler, Robyn Dumont, Raymond Bernier, Randy Labbe
Abstract In this paper, we study the factors that influence consumer attitudes toward aquaculture as well as annual expenditure on aquaculture products. Our analysis is composed of two parts. First, we estimate the effects of several covariates of interest on annual seafood expenditure using a two-way censored regression model, due to the nature of the survey data. Our results indicate that consumers
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Salmon trout, the forgotten cousin? Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-12-09 Ursula Landazuri-Tveteraas,Atle Oglend,Marie Steen,Hans-Martin Straume
Abstract This study investigates potential economic reasons why the production of trout is maintained in Norway by analyzing prices and production for Norwegian Atlantic salmon and trout. The species Atlantic salmon dominates the global salmon market, but its two largest producers, Norway and Chile also farm in sea pens significant quantities of large rainbow trout (as opposed to portion-sized Rainbow
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Shared waters—shared problems: The role of self-governance in managing common pool resources Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-12-07 Tonje C. Osmundsen, Kine M. Karlsen, Roy Robertsen, Bjørn Hersoug
Abstract Seafood production governance, primarily and traditionally a governmental activity, is increasingly designed and performed by private actors, such as business organizations and/or Non-Governmental Organization. This is often seen as complementary to public regulation in handling collective problems, but there are few studies within the aquaculture sector which investigate the extent and potential
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Market integration and price leadership: The U.S. Atlantic salmon market Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-11-16 Leonardo Salazar, Jorge Dresdner
Abstract When markets are integrated and the law of one price holds, prices confronted by different producers should tend to uniformity, in the long run, allowance is made for differences in quality and transportation costs. However, how producers coordinate to align prices is not obvious and probably the answer will vary between markets. In this article, we investigate this question using salmon prices
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Consumers’ willingness-to-pay for convenient catfish products: Results from experimental auctions in Arkansas Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-11-10 Saroj Adhikari, Uttam Deb, Madan Mohan Dey, Lin Xie, Nabin Babu Khanal, Casey C. Grimm, John M. Bland, Peter J. Bechtel
This study has examined consumers’ acceptance, preference, and willingness to pay (WTP) for five newly developed convenient (ready-to-cook) catfish products. The University of Arkansas at Pine Bluf...
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What influences the intention to adopt aquaculture innovations? Concepts and empirical assessment of fish farmers’ perceptions and beliefs about aquafeed containing non-conventional ingredients Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-11-08 Cecile Brugere, Krishna Pillai Padmakumar, William Leschen, Douglas R. Tocher
Abstract The Theory of Planned Behavior (TPB) has so far found few applications in aquaculture research. Using Rogers’ innovation adoption characteristics as a complementary framework, we explore its relevance in describing Indian carp farmers’ perceptions of the attributes of fish feed containing non-conventional ingredients (seaweeds, freshwater macrophytes, microalgae and microbes), and in understanding
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Differentiation in the Atlantic salmon industry: A synopsis Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-11-05 Andreea L. Cojocaru,Audun Iversen,Ragnar Tveterås
Abstract The value chain for farmed salmon has experienced substantial changes over the past decades as a result of innovation in production technology, logistics, distribution and marketing that have helped facilitate the rapid production growth. The high level of control over the production environment in principle makes it possible for Atlantic salmon to be tailored on a number of product attributes
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Technical efficiency and environmental impact of seabream and seabass farms Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-10-29 Rasmus Nielsen,Isaac Ankamah-Yeboah,Ignacio Llorente
Abstract Sea cage farming of seabream and seabass is the most important form of aquaculture production in the Mediterranean Sea. Despite the continuous global growth in aquaculture production and demand, the economic performance of seabream and seabass companies has not followed the same trend. In recent years, companies have faced successive periods of market instability, with high volatility in supply
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An analysis of production factors for Galician-farmed turbot: From boom to stagnation Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-10-29 Raquel Fernández-González, Marcos Pérez-Pérez, María Dolores Garza-Gil
Abstract Aquaculture production of turbot in Galicia (Spain) has grown significantly in the last 35 years. The evolution of the sector and the variations in its production technologies are the result of the confluence of different phenomena such as horizontal integration, the arrival of foreign investment or the independence of imported inputs. This article analyses the evolution of Galician-farmed
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Technical efficiency of sea bass and sea bream farming in the Mediterranean Sea by European firms: A stochastic production frontier (SPF) approach Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-10-01 José Luis Fernández Sánchez,Ignacio Llorente García,Manuel Luna
Abstract In recent years, European producers of cultured sea bass and sea bream have experienced a highly competitive market with low prices that have caused profitability challenges. An important factor of economic competitiveness for firms is to produce efficiently. In this paper, technical efficiency of European producers of cultured sea bass and sea bream is evaluated for the period 2008–2017 using
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Asymmetric price transmission in a changing food supply chain Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-08-26 Dejene Gizaw, Øystein Myrland, Jinghua Xie
The farmed salmon supply chain in Europe is changing. There is a growing concentration at intermediary levels in the supply chain and more product differentiation in the market. This means that dif...
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Characteristics of early adoption and non-adoption of alternative catfish production technologies in the U.S. Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-08-13 Ganesh Kumar,Carole Engle,Jimmy Avery,Larry Dorman,Gregory Whitis,Luke A. Roy,Lin Xie
Abstract U.S. catfish producers have been exploring the adoption of alternative-production technologies (intensive-aeration, in-pond raceways, and split-pond systems) in recent years for achieving cost efficiencies. A multi-state (Alabama, Arkansas, and Mississippi) survey was conducted to identify specific reasons influencing the decisions of producers whether or not to adopt these alternative catfish
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A bioeconomic analysis of the potential of seaweed Hypnea pseudomusciformis farming to different targeted markets Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-08-12 Stefany A. Pereira, Janaina M. Kimpara, Wagner C. Valenti
Simulations were performed to evaluate the economic potential of farming the seaweed Hypnea pseudomusciformis in two production scales for the carrageenan, human food, and glycolic extract markets ...
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Quantifying the effect of market information on demand for genetically modified salmon Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-08-06 Michael J. Weir, Hirotsugu Uchida, Maya Vadiveloo
We investigate how production process labels and information about potential positive and/or negative aspects of GM technology affects demand for novel seafood products. We collected data during an...
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Enhancing land-based culture of coho salmon through genomic technologies: An economic analysis Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-07-30 Nathan Bendriem, Raphael Roman, U. Rashid Sumaila
The selection of salmon broodstock can enhance certain economically important biological traits over generations, via the use of genomic technologies. Information related to flesh quality, disease ...
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Economics of small-scale aquaponics system in West Africa: A SANFU case study Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-07-23 Emmanuel O. Benjamin, Gertrud R. Buchenrieder, Johannes Sauer
The combination of hydroponics and aquaculture in a closed system is the essence of aquaponics and soilless agriculture. Aquaponics is hypothesized to have the potential to improve nutrition securi...
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Regulatory costs on Pacific coast shellfish farms Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-07-03 Jonathan van Senten, Carole R. Engle, Bobbi Hudson, Fred S. Conte
Concern within the U.S. aquaculture industry and a developing research literature on aquaculture regulations have prompted attempts to quantify on-farm regulatory compliance costs. A survey was con...
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Is there a difference between the poor and non-poor? A disaggregated demand analysis for fish in Bangladesh Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-05-22 Badrun Nessa Ahmed, Sven Genschick, Michael Phillips, Hermann Waibel
This study examines the fish consumption pattern of households in Bangladesh. We use data of the national Household Income and Expenditure Survey (HIES) to develop a demand model disaggregated by f...
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Modeling the return distribution of salmon farming companies: A quantile regression approach Aquacult. Econo. Manag. (IF 4.761) Pub Date : 2020-05-22 Marie Steen, Fredrik Jacobsen
Abstract As the companies have grown larger, the salmon farming industry has received increased attention from investors, financial analysts and other representatives of the financial community. Still, little is known about the risk and return characteristics of salmon farming companies’ shares. This paper approaches this topic by applying quantile regression to investigate the relationship between