A choice experiment was employed to assess the influence of various green marine aquaculture policies on motivating farmers to adopt environmentally friendly production practices. Five attributes—g...

Despite being the largest global producer and consumer of aquatic products, China shows a significant difference in consumption between rural and urban areas. This study explores the underlying fac...

In this study, we applied a stochastic frontier model to assess technical efficiency scores and determinants of inefficiency for 96 fish farms in Northern Malawi. A Cobb–Douglas production was empl...

This study focuses on the competitiveness of seafood exports from Bangladesh between 1980 and 2019, specifically focusing on the National Shrimp Policy (NSP), which aims to enhance sustainable and ...

This study investigates the regional demand for shrimp in Norway by employing the linear approximated Almost Ideal Demand System (LA/AIDS) framework. Shrimp consumption has grown significantly glob...

This article investigates how consumer beliefs affect preferences and willingness to pay for wild-caught fish as well as the differences in market price for wild and farmed fish. A total of 245 Ban...

With increasing concerns over the environmental impacts of the production process for seafood, many consumers are willing to pay premiums for eco-labeled seafood to support sustainable fisheries. M...

The non-food segment of the Chinese seaweed market, which is crucial for developing the hydrocolloid industry, relies heavily on the seaweed supply from Chile, Peru, and, to a much lesser extent, I...

Published in Aquaculture Economics & Management (Vol. 28, No. 3, 2024)

We analyze costs, break-even prices, and profits for multiple scales of operation of an off-bottom oyster culture operation, ranging from 27,000 oysters planted on half an acre to 1.28 million oyst...

This study examines the financial performance of six Norwegian salmon farming companies to investigate the benefits of differentiation through organic salmon production. Utilizing panel data from 2...

The purpose of this study is to analyze a possible substitution relationship between farmed gilthead seabream (Sparus aurata) and farmed European seabass (Dicentrarchus labrax) in Mediterranean mar...

Despite Bangladesh being the world’s fifth-largest aquaculture producer, ensuring quality fish supply and food safety is a major challenge. Illegal practices and the presence of harmful microorgani...

Shrimp is the largest aquaculture species in Bangladesh by value, and it is also the largest species in terms of export value. However, due to the impacts of climate change, the sustainability of s...

Published in Aquaculture Economics & Management (Vol. 28, No. 3, 2024)

Risk is an inherent characteristic of aquaculture production. For a holistic understanding of risk, the risk assessment process must account for both subjective and objective dimensions of risk. Th...

This paper investigates the impact of the rent tax announcement and implementation in Norway in sea-based salmonid aquaculture on stock returns of affected companies. Our sample period ranges from ...

This study assesses and identify major factors of social capital that affect the use of trade credit among shrimp farmers and how these contribute to and affect the profits of households in coastal...

In this study, daily data of farm gate, wholesale and retail prices of barramundi (Lates Calcarifer) and Japanese seaperch (Lateolabrax japonicus), which are the main farmed fish species in Taiwan,...

Research efforts have led to development of aquaculture technologies for 20 marine finfish species with potential for commercialization. Successful commercialization of these species will require i...

Aquaculture has expanded rapidly over the past half century and has surpassed capture fisheries as a source of seafood globally. However, most of the aquaculture production growth has occurred in d...

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...

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...

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...

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 ...

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...

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...

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...

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 ...

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...

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...

Published in Aquaculture Economics & Management (Vol. 27, No. 4, 2023)

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...

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 ...

Published in Aquaculture Economics & Management (Ahead of Print, 2023)

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)

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 w...

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,

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. Th...

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’ Willingne...

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

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

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

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

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,...

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

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

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...

Published in Aquaculture Economics & Management (Vol. 27, No. 2, 2023)

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. ...

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...

Published in Aquaculture Economics & Management (Vol. 27, No. 1, 2023)

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 ...

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

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...

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...

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

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

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...

Published in Aquaculture Economics & Management (Vol. 27, No. 2, 2023)