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Aquaculture and Happiness in Vietnam - A Microeconometric Analysis

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  • The contribution of aquaculture development to the Vietnamese national economy and to farmers’ incomes has been documented in various government reports as well as working papers produced by development projects. However, the role of aquaculture in the life satisfaction of poor farmers has not been considered rigorously. In particular, it is very difficult to find any literature relating aquaculture adoption to job or life satisfaction of the adopters. Due to the controversial role of income in creating happiness and the increased contribution of fish production in the livelihoods of small scale farmers, there exists a question of whether income increases from adoption of aquaculture would raise happiness of farmers. This study identifies some determinants of job satisfaction and subjective well-being of small scale fish farmers in Vietnam and examines the role of earnings from fish production in generating their happiness. Cumulative logistic models with data from a 2001 survey in Southern Vietnam show that relative income, not absolute income, from aquaculture raises their job satisfaction. Higher satisfaction is also associated with involvement in extension services, a larger relative pond surface and a higher expectation level on earnings from aquaculture. The role of income per capita in job satisfaction or happiness is not confirmed. Happiness of the farmers increases with cash earnings from fish farming and income from wild fish relative to total household income.
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  • Nguyen, Minh Duc, Henry Kinnucan and Diane Hite. 2008. Aquaculture and Happiness in Vietnam - A Microeconometric Analysis. 12 pages. In: Proceedings of the Fourteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 22-25, 2008, Nha Trang, Vietnam: Achieving a Sustainable Future: Managing Aquaculture, Fishing, Trade and Development. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2008.
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  • US National Oceanic and Atmospheric Administration (NOAA) Fisheries Division, The Department of Fisheries and Oceans, Canada; Aquaculture CRSP and AquaFish CRSP; Minh Phu Seafood Corporation; Vietnam Datacommunication Company (VDC); Camau Frozen Seafood Processing Import Export Corporation (Camimex); Long Sinh Limited Company; Mai Linh Group and Nam Viet Corporation.
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