A theoretical model links price risks at processors market to farm supply response. Price risks at wholesale market affect processors‚ factor demand for farm-raised catfish. The fluctuation in factor demand also influence the farm-raised catfish supply response. Price risks at wholesale market reduce processors‚ factor demand for farm-raised catfish, and...
U.S. imported 2.3 million metric tons of smoked herring in 2007 costing $707,000. Hence it is important to investigate factors influencing the importation of smoked herring into the US. We used time series data from 1976 to 2007 to estimate an import demand function: log(Mt) = a0 + a1*log(Pt) +...
The paper develops a model of world frozen shrimp market using data from 1980 to 2004. There is a structural change in the world shrimp market that shifts the market volume from traditional to the non-traditional markets. Market structural change affects shrimp price significantly. Shrimp price has a trend and...
Ocean health is a major concern for coastal communities dependent on the ocean for their livelihood. Recent changes in in ocean health force researchers to examine the factors that influence the decline in ocean health. The paper developed production functions using the Global Ocean Health Index (OHI) for 2014 and...
Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, held July 11-15, 2016 at Aberdeen Exhibition and Conference Center (AECC), Aberdeen, Scotland, UK.
Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, held July 11-15, 2016 at Aberdeen Exhibition and Conference Center (AECC), Aberdeen, Scotland, UK.
Three years since 2008, white leg shrimp have exhibited fabulous growth rate and become a popular livestock along with black tiger shrimp and pangasius. This gives rise to the interest to investigate the value chain of frozen white leg shrimp exported to the U.S from Khanh Hoa Province, Vietnam. Research...
Catfish production has experienced a decline in the past two years, and farmers have been blaming international competition, exports, low prices and poor feed conversion ratios as the main causes. We evaluate the usefulness of the Analytic Hierarchy Process (AHP) and the Cost Benefit Analysis (CBA) as instruments for rapid...
Limited resource catfish producers are seeking ways to enhance economic and financial profitability of their aquaculture enterprises. One of the recommended methods to increase profitability is to sell value added smoked catfish at niche markets. Development of value-added smoked catfish is a potential cottage industry for limited resource catfish farmers...