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Implications of Private Salmon Aquaculture on Prices, Production, and Management of Salmon Resources

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  • James L. Anderson
  • James E. Wilen

Abstract

The emergence of large-scale salmon ranching in the Pacific Northwest has led to significant controversy over the potential impact of salmon ranching on market structure, salmon prices, ocean and aquacultural production, and salmon fishing regulation. This paper models the behavior of a dominant salmon rancher facing a competitive open-access fishery using a dynamic nonlinear programming model. Primary attention is given to production and regulation-influencing strategies of an optimally managed salmon ranch under selected institutional and biological constraints. The effect of such behavior is evaluated with regard to salmon prices, natural salmon stocks, ocean fishing effort, and ocean fishery productivity.

Suggested Citation

  • James L. Anderson & James E. Wilen, 1986. "Implications of Private Salmon Aquaculture on Prices, Production, and Management of Salmon Resources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(4), pages 866-879.
    • Handle: RePEc:oup:ajagec:v:68:y:1986:i:4:p:866-879.
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    File URL: http://hdl.handle.net/10.2307/1242133
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    Cited by:

    1. Shan (Victor) Jiang, "undated". "Aquaculture, Capture Fisheries, and Wild Fish Stocks," Working Papers 2007-17, Department of Economics, University of Calgary, revised 31 Oct 2007.
    2. Buss, Amy R. & Strand, Ivar E., 1991. "An Analysis of the U.S. Demand for Seafood and Implications for Successful Aquaculture," Working Papers 197778, University of Maryland, Department of Agricultural and Resource Economics.
    3. Jiang, Shan, 2010. "Aquaculture, capture fisheries, and wild fish stocks," Resource and Energy Economics, Elsevier, vol. 32(1), pages 65-77, January.

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