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Economics of Aquaculture Policy and Regulation

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  • James L. Anderson
  • Frank Asche
  • Taryn Garlock

Abstract

Since the Blue Revolution began in the late 1960s, global aquaculture production has grown rapidly. Aquaculture now accounts for over half of the world's fish for direct human consumption and is expected to approach two-thirds by 2030. With aquaculture's growth, a number of high-profile concerns have arisen, including pollution, feeding practices, disease management and antibiotic use, habitat use, non-native species, food safety, fraud, animal welfare, impacts on traditional wild fisheries, access to water and space, market competition, and genetics. Managing these concerns requires thoughtful and well-designed policies and regulations. This manuscript reviews the contributions natural resource economics has made to evaluating aquaculture policy and regulation. Despite their valuable contributions, however, economists have been largely underrepresented in the debate. The primary influencers of aquaculture policies and regulations have been traditional fisheries managers, environmental groups, and natural scientists. We identify many important areas that should be more thoroughly addressed by economists.

Suggested Citation

  • James L. Anderson & Frank Asche & Taryn Garlock, 2019. "Economics of Aquaculture Policy and Regulation," Annual Review of Resource Economics, Annual Reviews, vol. 11(1), pages 101-123, October.
    • Handle: RePEc:anr:reseco:v:11:y:2019:p:101-123
    DOI: 10.1146/annurev-resource-100518-093750
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    Cited by:

    1. Naylor, Rosamond & Fang, Safari & Fanzo, Jessica, 2023. "A global view of aquaculture policy," Food Policy, Elsevier, vol. 116(C).
    2. Estay, Manuel & Stranlund, John K., 2022. "Entry, location, and optimal environmental policies," Resource and Energy Economics, Elsevier, vol. 70(C).
    3. Frank Jensen & Rasmus Nielsen & Henrik Meilby, 2023. "Regulation of aquaculture production," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 25(2), pages 161-204, April.
    4. Bohnes, Florence Alexia & Rodriguez, U-Primo & Nielsen, Max & Laurent, Alexis, 2020. "Are aquaculture growth policies in high-income countries due diligence or illusionary dreams? Foreseeing policy implications on seafood production in Singapore," Food Policy, Elsevier, vol. 93(C).

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