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Maine seaweed benchmarking: Economically assessing the growth of an emerging sector Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-02-24 Christian Brayden, Struan Coleman
Seaweed farming in Maine, USA has grown exponentially over the last 5 years. Our work builds upon a prior Maine aquaculture sector benchmarking study to assess changes between the 2017 and 2022 har...
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Economic impact of Edwardsiellosis on the U.S. catfish industry Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-02-23 Ganesh Kumar, Carole Engle, Suja Aarattuthodi, Jonathan van Senten, Shraddha Hegde, Lester Khoo, Larry Hanson, Mark Peterman, Larry Dorman
Edwardsiellosis of catfish caused by Edwardsiella ictaluri and Edwardsiella piscicida remains one of the most significant diseases in U.S. catfish aquaculture. Economic losses related to this disea...
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Nutrient policies and the performance of aquaculture in developed countries – a literature review Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-02-14 Cecilia Hammarlund, Anna Andersson, Jonas Nordström
Eutrophication is a serious problem in many parts of the world, and aquaculture production can contribute to the problem as well as be part of its solution. Nutrient polices in developed countries ...
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Analyzing technical inefficiency and production risk in aquaculture—The stochastic frontier production function with double heteroskedasticity Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-02-15 Le Kim Long
This paper adopts the stochastic frontier production function with double heteroskedasticity to analyze technical inefficiency and production risk of intensive white-leg shrimp farming in Ninh Thua...
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Can cooperation reduce yield risks associated with infectious diseases in shrimp aquaculture in Vietnam? Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-01-17 Ho Hong Lien, Yann de Mey, Dang Kieu Nhan, Simon Bush, Miranda P.M. Meuwissen
Infectious diseases are a major threat to Asian shrimp aquaculture, as they proliferate at system level rather than only the individual level. We assess the impact of various forms of cooperation a...
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The traffic light system. Is it a solution to a nonpoint pollution problem? Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-01-17 Frank Jensen, Ragnar Tveterås, Rasmus Nielsen
The salmon lice-induced mortality of wild salmon stocks that result from aquaculture production can be considered a nonpoint pollution problem. In Norway, this externality is managed using a traffi...
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Buyers in Norwegian salmon exports: Structure and trade margins Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-01-07 Hans-Martin Straume
Norwegian production of salmon is highly export oriented, making access to efficient supply chains an important success criterion for exporters of salmon. The role of the buyers in the supply chain...
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What drives stocking density decisions in the Chilean salmon industry? A retrospective analysis of stocking regulations Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2024-01-05 José Moncayo, Leonardo Salazar, Ruben Avendaño-Herrera
According to Chilean legislation, a salmonid concession holder must choose between two mutually exclusive stocking density systems: Stocking Reduction Percentage (SRP) or Stocking by Density. This ...
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Trade credits in farming: A drain for gain in the aquaculture industry of Bangladesh Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-12-09 Md Takibur Rahman, Md Akhtaruzzaman Khan, Imranul Islam, Madan Mohan Dey
Trade credit (TC) is a more easily accessible financing source to the most small-scale aquaculture farms with limited access to institutional credit in the developing countries. However, it is ofte...
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Choice of climate risk adaptive measures in shrimp farming—A case study from the Mekong, Vietnam Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-11-06 Ngan Thi Thanh Le, Claire W. Armstrong
Extreme climate events challenge the livelihoods of shrimp farmers worldwide. A comprehensive analysis of farmers’ choices of adaptive measures is essential for developing approaches that can lesse...
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List of reviewers Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-11-02
Published in Aquaculture Economics & Management (Vol. 27, No. 4, 2023)
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Impact of integrated aquaculture-agriculture value chain participation on welfare of marginalized indigenous households in Bangladesh: A panel data analysis Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-10-17 Abu Hayat Md. Saiful Islam
This study examines the impact of integrated aquaculture-agriculture (IAA) value chain participation dynamics on the welfare of indigenous households using a three-wave household panel dataset from...
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Nudging the acceptance of insects-fed farmed fish among mature consumers Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-10-17 Lucia Baldi, Maria Teresa Trentinaglia, Massimo Peri, Luca Panzone
The increased demand for aquaculture products is raising concerns over the impact it has on the environment. Fish-based feed contributes to the unsustainability of aquaculture, as it puts pressure ...
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Correction Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-09-19
Published in Aquaculture Economics & Management (Ahead of Print, 2023)
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Opportunity between the turbines: Willingness-to-pay for co-location activities with an offshore wind farm Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-09-13 Shannon Fluharty, Jonathan van Senten, Klaus Moeltner, Darrell Bosch
Abstract With the expansion of offshore renewable energy, countries across the world are researching the different ways to maximize the space between wind turbines by coupling multiple maritime activities within the same ocean space. This technique is referred to as co-location and can result in economic and environmental benefits. Using data from a choice experiment and random utility modeling, this
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Forecasting salmon market volatility using long short-term memory (LSTM) Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-09-09 Mikaella Zitti
Abstract Forecasting salmon market volatility is crucial for reducing future uncertainty for market participants. This study explores the efficacy of the Long Short-term Memory (LSTM) network, a deep learning technique, in forecasting multi-step ahead salmon market volatility. The performance of the LSTM is assessed against a constructed volatility proxy and the Autoregressive Moving Average (ARMA)
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How Norwegian aquaculture firms across the value chain were affected by and responded to COVID-19 Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-09-01 Jarle Aarstad, Stig-Erik Jakobsen, Arnt Fløysand, Olav Andreas Kvitastein
Abstract Previous research has shown that Norwegian aquaculture did not report being much affected by COVID-19 but had a strong response to the pandemic regarding cost reductions, market development, and business network development. In this study, we take a step further and investigate if COVID-19 affectedness and responsiveness were consistent across the aquaculture industry’s value chain. Also,
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Consumer preferences and willingness to pay for quality attributes of farmed fish in Bangladesh: A logit regression and a hedonic price analysis Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-08-31 Afjal Hossain, Max Nielsen, A. H. M. Saiful Islam
Abstract Fish consumption in developing countries like Bangladesh is increasing with increasing aquaculture production; however, consumers are becoming more aware and concerned about food quality issues. This study investigates consumer preferences and willingness to pay for farmed fish quality attributes in Bangladesh using logit and hedonic price models, respectively. A total of 800 consumers were
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Determinants affecting consumers’ preferences of retail market and WTP for safe Rui (Labeo rohita) Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-07-26 Mohammed Ziaul Hoque, Md. Nur Mozahid, Md. Jakiul Islam
Abstract In developing countries, food safety is an important predictor of consumer attitude when purchasing fish. This paper explores factors affecting the choice of retail markets and consumers’ Willingness to Pay (WTP) for safe fish in Bangladesh. Cross-sectional data were collected through a consumer survey (n = 420) in two major cities. Factor analysis, multinomial logit model, and log-linear
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Asymmetric price volatility spillover between capture fisheries and aquaculture markets Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-07-21 Prokash Deb, Wenying Li
Abstract The recent growth and development of aquaculture industry in Bangladesh demand a thorough investigation of price volatility spillover pattern among capture fisheries and aquaculture products. Utilizing nationally representative monthly retail price data of the last seventeen years, we identify the evidence of volatility spillover effects among capture fisheries and aquaculture markets. We
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Risk management measures and welfare of aquaculture farmers in Ondo State, Nigeria: Does fish biodiversity play any role? Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-07-05 Lawrence Olusola Oparinde, Taiwo Timothy Amos, Igbekele Amos Ajibefun
Abstract There is a dearth of information on empirical studies on the impact of fish biodiversity on the welfare of farmers. Hence, it is important to investigate the role fish biodiversity, as a risk management measure, plays in the welfare status of aquaculture farmers in Ondo State, Nigeria. A multistage sampling procedure was employed in picking 192 respondents. Data were analyzed using the marginal
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Social net benefits from aquaculture production: A comparison of net cage cultivation and recirculating aquaculture systems Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-06-19 Christine Laine, Markku Ollikainen, Markus Kankainen, Jari Setälä, Jouni Vielma
Abstract This paper applies cost-benefit analysis to assess social and private net benefits from rainbow trout and European whitefish aquaculture under recirculating aquaculture system (RAS) and marine net cage technologies. In addition to private investment and operational costs, we include eutrophication damage from nutrients and value the fish produced by its producer price. The assessment is made
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Technical efficiency of African catfish production in Nigeria: An analysis involving input quality and COVID-19 effects Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-06-12 Olanrewaju Femi Olagunju, Dadi Kristófersson, Theódór Kristjánsson, Tumi Tómasson
Abstract The technical efficiency of the African catfish production in Nigeria was assessed. A total of 609 farms were sampled, and 1,118 operations were recorded covering both the pre-COVID and COVID periods. A translog stochastic frontier modeling approach was used to simultaneously assess the technical efficiencies and the determinants of technical inefficiency of the catfish farmers. The mean technical
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Determinants of investment behavior in Norwegian salmon aquaculture Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-05-08 Ursula Landazuri-Tveteraas, Bård Misund, Ragnar Tveterås, Dengjun Zhang
The aquaculture industry has experienced substantial growth for many years. Moreover, high growth rates are projected to continue into the foreseeable future. Compared to other aquaculture species,...
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Characterization and cluster analysis of rainbow trout (Oncorhynchus mykiss) farming in the province of Abancay (Apurímac, Peru) Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-04-27 Jose A. Ancco, Saúl Utani, Keyro Melendez, Rutniss A. Vasquez, Aldo R. Meza, Oscar Gómez-Quispe
Abstract This study aimed to examine the characteristics of clusters and the factors that influence the profitability of rainbow trout (Oncorhynchus mykiss) farming in Abancay province (Apurimac, Peru). The area is located in the Andes mountains at an altitude of 2,378 meters. Information was collected through a questionnaire. The sample consisted of 100% of the aquaculture farmers registered in the
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Does eco-certification change public opinion of salmon aquaculture in Canada? A comparison of communities with and without salmon farms Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-04-13 Megan E. Rector, Ramon Filgueira, Jon Grant
Abstract Aquaculture eco-certification is associated with some producer-level benefits including price premiums and market access; however, reputational benefits from eco-certification are unclear. A public survey was used to understand the effect of eco-certification on opinion of salmon farming in two Canadian provinces (British Columbia and Nova Scotia) and differences between communities where
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High innovation intensity in fish farming: The role of openness in innovation and strategy Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-04-11 Audun Iversen, Katja Maria Hydle
The salmon farming industry has since its infancy witnessed immense growth due to innovations increasing productivity. A significant part of the innovations causing the productivity growth has by m...
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A tribute to Professor Emeritus Eugene Y.C. Shang (1930–2023), Founding President of the International Association of Aquaculture Economics and Management Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-04-04 PingSun Leung, Carole R. Engle
Published in Aquaculture Economics & Management (Vol. 27, No. 2, 2023)
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Estimating prices for “new” aquaculture species: A hedonic pricing approach Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-03-17 Sean Pascoe, Lukas Danner, Thejani Gunaratne, Tiana Pang, Peggy Schrobback, Tim Perrin, Polly Hilder
Assessing the potential economic and financial feasibility of a new aquaculture operation requires, amongst other things, an estimate of the price the product is expected to receive once produced. ...
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Economic risk of commercial catfish production practices Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-02-23 Morgan Cheatham, Ganesh Kumar, Jeff Johnson, Jimmy Avery, Suja Aarattuthodi
The U.S. catfish industry has adopted several production practices which embody varying degrees of economic risk. Employing commercial farm data, this study quantified the economic risks associated...
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List of Reviewers Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-02-07
Published in Aquaculture Economics & Management (Vol. 27, No. 1, 2023)
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Fish demand in the U.S. Great Lakes region in the face of seafood mislabeling Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-23 Eric Abaidoo, Trey Malone, Richard T. Melstrom
The rapid globalization of seafood trade over the past few decades has triggered heightened vulnerability for fraud within the seafood supply network. Consumer perceptions of these vulnerabilities ...
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A price index of farmed fish: The case of Turkish aquaculture market Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-19 Mustafa Tolga Tolon
Abstract This study analyzed the market price dynamics of farmed fish using a price index in Turkey. A specific “Price Index” incorporating the leading aquaculture species produced by Turkish aquaculture, has been calculated for a five-year period spanning from 2016 to 2020. The empirical analysis is based on 60-month price and quantity data of chosen aquaculture species traded in a major wholesale
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Salmon aquaculture in the Faroe Islands – historical developments and future prospects Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-17 Trond Bjørndal, Zvonimir P. Đ. Mrdalo
Today, the combined direct contribution of fishing and fish farming is about one-third of the Faroe Islands’ GDP. In the last three decades, aquaculture has become an important industry, and the Fa...
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Understanding european aquaculture companies’ perceived risks and risk management practices Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-09 Javier Cantillo, Didier Van Caillie
Aquaculture is the fastest-growing food production technology, having surpassed wild catch as a source of seafood. Yet, modern aquaculture is one of the riskiest businesses to enter as entrepreneur...
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Moving beyond least developed country status: Challenges to diversifying Bangladesh’s seafood exports Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-06 Jill E. Hobbs, Sangeeta Khorana, May T. Yeung
Abstract Bangladesh is due to graduate from Least Developed Country status, resulting in the loss of preferential market access for textiles and ready-made-garments in key import markets. The paper examines the opportunities and constraints for developing a stronger export market orientation in the Bangladesh fish and seafood sector. We discuss the role of public and private standards in food safety
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Profitability differences in aquaculture firms of the Nordic and Mediterranean-EU regions Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-04 José L. Fernández Sánchez, Ignacio Llorente, José M. Fernández-Polanco
Abstract The purpose of this work is to analyze the differences in profitability between European aquaculture firms of the Nordic and Mediterranean-EU regions, as well as the factors that are relevant to explain these differences. In addition to traditional factors proposed by theory to explain profitability differences among firms such as size, efficiency, or capital structure, we also include in
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Price transmission asymmetry of selected fishes in Bangladesh: An econometric and value chain analysis Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-04 Debasish Chandra Acharjee, Kamal Gosh, G. M. Monirul Alam, A. B. M Mahfuzul Haque, Sheikh Mohammad Sayem, Mohammad Ismail Hossain
Learning the extent of price volatility is critical to ensure the producer and consumer’s economic welfare. Hence, we have envisioned assessing the price transmission relationship over time among t...
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Correction Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2023-01-04
Published in Aquaculture Economics & Management (Vol. 27, No. 2, 2023)
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Understanding consumption frequency across consumer segments and regions in the Brazilian aquaculture market Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-12-17 Tracy Jeanel St. Louis, Manoel Xavier Pedroza Filho, Roberto Manolio Valladao Flores
Several socio-demographic factors influence fish consumption frequency and preferences in the Brazilian aquaculture market. Hence, the aims of this paper were (i) to acquire information on fish con...
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Trends for U.S. catfish and swai products in retail markets Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-11-24 Lianqun Sun, Ganesh Kumar, Carole Engle, Jonathan van Senten
Farm-raised catfish is the largest U.S. aquaculture industry. Over the years, the ingenuity of catfish processors has made catfish products available all over the U.S. including globally competitiv...
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Supply chain performance of fishing industry in Bangladesh: Emphasizing on information sharing and commitment Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-11-24 Md. Masudul Haque Prodhan, Md. Akhtaruzzaman Khan, Md. Salauddin Palash, Mohammad Ismail Hossain, Ganesh Kumar
Supply chain management of the fishing industry has become increasingly important as globalization has increased competition. It is complicated due to the involvement of heterogeneous stakeholders ...
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The effect of sustainability labels on farmed-shrimp preferences: Insights from a discrete choice experiment in Vietnam Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-11-23 Truong Ngoc Phong, Vo Tat Thang, Hoai Nguyen Trong
Abstract This study investigates the effectiveness of sustainability labels, environmental attitudes, food safety concerns, and knowledge on Vietnamese consumer preferences for sustainably farmed shrimp. Mixed logit and latent class models were applied to estimate utility functions based on 459 samples collected using a choice experiment. The results indicate that Vietnamese consumers prefer sustainably
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Climate risk and financial disclosure in salmon aquaculture Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-11-17 Mikaella Zitti, Atle G. Guttormsen
Abstract The growth of the salmon aquaculture industry has attracted an increasing number of investors. Investors are conscious of economic consequences of climate change for the salmon farming companies, hence their demand for climate-related financial disclosure has increased. This study discusses potential climate-related financial impacts imposed on the salmon aquaculture production as identified
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An upstream-downstream externality related to water quality: The case of the Porong River in Indonesia Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-10-29 Frank Jensen, Venticia Hukom, Rasmus Nielsen, Max Nielsen
Abstract In this paper, we discuss an upstream-downstream externality related to water quality (the level of ammonia) in a river by distinguishing between a non-cooperative and cooperative case. As empirical case, we use the Porong River, which is located in the East Java province of Indonesia. In this river, aquaculture farmers are located downstream while the industrial firms are placed upstream
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Market integration across frozen tropical farmed fish fillets in the EU Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-09-24 José Fernández Polanco, Ignacio Llorente, Audun Lem
Abstract This article presents the results of a market integration analysis in the European Union market of frozen fillets of subtropical farmed species based on imports of tilapia, pangasius and Nile perch. Market integration across countries and species has been tested using Johansen cointegration in order to deal with price series which have been found to be unit root and stationary in different
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Effects of open water availability on productivity and efficiency of tilapia fish farming Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-09-05 Sandip Mitra, Md. Akhtaruzzaman Khan, Md Takibur Rahman, Rasmus Nielsen
Abstract Intensive pond aquaculture production is increasing and playing a major role in global aquaculture production, especially in developing countries. Empirical evidence shows that the access to and exchange of fresh water in tilapia pond aquaculture is important for making pond production ecologically more sound, efficient and productive. This study investigates productivity and efficiency differences
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Developing production and financial benchmarks for marine aquaculture from farm data Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-08-04 Carole R. Engle, Jonathan van Senten, Michael H. Schwarz, Christian Brayden, Sebastian Belle
Abstract Benchmarking programs for crop and livestock farms have been used by farmers to identify ways to improve farm efficiencies. This study developed a set of benchmarks for oyster, mussel, and seaweed farming in Maine (USA). Farm-level survey data were used to calculate benchmarking metrics for each farm respondent. Results showed the importance of disaggregating benchmarking metrics by production
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Price relationships along the Norwegian salmon value chains: A comparative study of the leading consumption market in France and the largest processing industry in Poland Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-08-03 Miranda Svanidze, Guðrún Ólafsdóttir, Ivan Đurić, Maitri Thakur
Abstract This study investigates price relationships along the Norwegian salmon value chains in France, the EU’s leading consumption market for salmon, and Poland, the EU’s largest “processing hub.” Using a vector error correction model framework, our results indicate that the salmon price determination is a supplier-driven process, with the export prices in Norway influencing prices in France and
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A tribute to Professor Clem Tisdell (1939 to 2022), founding coeditor of Aquaculture Economics & Management and member of the organizing team of the International Association of Aquaculture Economics & Management Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-08-03 Carole R. Engle, PingSun Leung
Published in Aquaculture Economics & Management (Vol. 26, No. 3, 2022)
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A comparison of mixed logit and latent class models to estimate market segments for seafood faced with ocean acidification Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-07-29 Nelyda Campos-Requena, Felipe Vásquez-Lavin, Francisco Fernández, Manuel Barrientos, Stefan Gelcich, Roberto D. Ponce Oliva
Abstract This study uses a choice experiment to characterize market segments (consumer preferences heterogeneity) based on three attributes of seafood (mussels) that are affected by ocean acidification: shell appearance, meat color, and nutritional composition. Using a sample of 1,257 individuals from two main cities in Chile, we estimate both the Mixed Logit model and the Latent Class model. We use
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Seafood markets in transition Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-07-27 Hans-Martin Straume, Pratheesh O. Sudhakaran
Published in Aquaculture Economics & Management (Vol. 26, No. 3, 2022)
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Assessing fish farm economic performance and access to financial services nexus: Empirical evidence from Ghana Aquacult. Econo. Manag. (IF 3.9) Pub Date : 2022-07-19 Martinson Ankrah Twumasi, Dennis Asante, Isaac Owusu Asante, Bismark Addai, Yuansheng Jiang
Abstract This study assesses the factors influencing of access to financial services (AFS) and its impact on fish farm economic performance by employing a multiple-stage random sampling approach to sample 131 fish farms from two regions in Ghana. We accounted for the selection bias issue using the endogenous treatment regression model. The results reveal that factors such asgender, education, fish
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Shrimp export competitiveness and its determinants: a novel dynamic ARDL simulations approach Aquacult. Econo. Manag. (IF 3.9) 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 3.9) 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 3.9) 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 3.9) 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 3.9) 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 3.9) 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 3.9) 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