In industries that are characterized by frequent innovations and high productivity growth, substantial variation in both produced quantity and input use may occur and lead to increased cost. As both excessive input use and misallocation of inputs are costly for the producer, firm-specific measures of both technical and allocative inefficiency...
The study examined profitability of aquaculture production in Ondo State, Nigeria. Specifically, it examined socio-economic characteristics of the respondents and determined costs and returns of the respondents. A multistage sampling technique was used to select 96 respondents and structured questionnaire administered on them. Data collected were analyzed using descriptive statistics...
Aquaculture in Vietnam has a long tradition. So far, this industry has been dominated by fresh water and brackish water aquaculture. Cage culture in marine waters has been developed more recently. With a coastline of 3260 km and an Exclusive Economic Zone (EEZ) of more than one million square km,...
Namibia's aquaculture Industry is comparatively young but of recent it has picked up momentum. Previously, its importance was neglected. This was not just due to the then thriving marine resources, but also to inexperience in fish farming and fish consumption culture in most inland Namibians. According to Namibia's Vision 2030,...
Low yields caused by viral diseases and their financial consequences are the most important risks jeopardizing commercial shrimp culture in Mexico. Hence, farmers are continuously testing different production strategies to keep their operations into profitable margins. An optimization model was designed based on a farm's (139 ha) database (2001-2005) to...
Following the introduction of the red drum Sciaenops ocellatus in the early 80_s in the Caribbean island La Martinique, farming techniques were set up and a small scale farming sector developed. The introduction of that fish species in Indian Ocean islands, la Reunion and Mayotte, allowed to start fish farming...
In the last 30 years the Chinese Aquaculture Sector has become one of the most rapidly developing areas within Chinese Agriculture. The total output of aquaculture products (more than 51 million tons) has placed China as the world’s largest producer of aquaculture products since 1990, with more than 70% of...
Over the last four decades, the aquaculture sector especially in developing countries has experienced dramatic growth. The increase in aquaculture production is a combination of area expansion and technological change (enhanced strains, input of feed and fertilizer, and improved management). One example of such technological change is the selective breeding...
Molluscan shellfish culture is an important component of the commercial aquaculture industry in Florida, USA. The primary species cultured is the hard clam, Mercenaria mercenaria. Currently, annual grower revenues total approximately $15 million, which generate $40 million in economic impact to the state. However, hard clam production in other USA...
Promoting shrimp culture industry is one of the effective ways to earn foreign currencies and reduce rural
poverty for developing countries. However, there is a question if rising wage rates might be a constraint for further development. Thailand, for example, has established a firm position in the industry, but its...