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Productivity in Global Aquaculture

In: Handbook of Production Economics

Author

Listed:
  • Frank Asche

    (Institute for Sustainable Food Systems and Fisheries and Aquatic Sciences, University of Florida)

  • Ruth Beatriz Mezzalira Pincinato

    (University of Stavanger)

  • Ragnar Tveteras

    (University of Stavanger)

Abstract

This chapter provides insights on productivity in aquaculture based on production economic studies of several farmed species in different countries. We first survey studies of bioeconomic modeling of aquaculture production, and the farmer’s optimization problem. Next, we look at empirical studies of productivity and efficiency. Aquaculture is an industry with considerable production and price risk, and we survey econometric studies which estimate the structure of risk and farmers’ risk preferences and behavior. Studies of relationships between productivity and environmental factors, which are today one of the main barriers for further production growth, are discussed separately. We also present studies of agglomeration economies in aquaculture, including economies and diseconomies of geographic farm density. Finally, we discuss the challenge of growing aquaculture sustainably through productivity growth and lower external environmental footprints.

Suggested Citation

  • Frank Asche & Ruth Beatriz Mezzalira Pincinato & Ragnar Tveteras, 2022. "Productivity in Global Aquaculture," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 40, pages 1525-1561, Springer.
    • Handle: RePEc:spr:sprchp:978-981-10-3455-8_41
    DOI: 10.1007/978-981-10-3455-8_41
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