An Analysis Of The Management And Economics Of Salmon Aquaculture

Salmon aquaculture can be a potential solution to bridge the gap between declining capture fisheries and increasing seafood demand. However, the environmental impacts it creates have generated criticism. The overall objectives of this dissertation are to examine the economic consequences of environmental issues associated with salmon aquaculture, and to explore policy implications and recommendations for reducing environmental impacts. These objectives are addressed in five main analyses. The growth of salmon aquaculture is analyzed based on farmed salmon production in the four leading producing countries and the sector as a whole. Analyses indicate that salmon aquaculture is unlikely to continue to grow at its current pace. A joint production function approach is used to estimate pollution abatement costs for the salmon aquaculture industry. Results reveal that pollution abatement costs vary among observations and models. On average, pollution abatement cost is estimated at 3.5% in terms of total farmed salmon production, and 6.5% in terms of total revenue of farmed salmon. The ecological and economic impacts of sea lice from salmon farms on wild salmon population and fisheries are also studied. Analyses suggest that these effects are minor when the sea lice induced mortality rate is below 20%, while they can be severe if the mortality is greater than 30%. Sea lice have greater ecological and economic impacts on pink salmon than on chum salmon. These effects are greater under a fixed exploitation rate than under a target escapement policy. The economic performance of open netcage and sea-bag production systems for salmon aquaculture is compared. Netcage systems appear to be more economically profitable than sea-bag systems when environmental costs are either not or only partially included. Sea-bag systems can be financially profitable only when the salmon they produce can achieve a price premium. Finally, policy implications are explored and recommendations are mad.

Aquaculture Economics and Financing Aquaculture Economics and Financing: Management and Analysis provides a detailed and specific set of guidelines for using economic and financial analysis in aquaculture production. By discussing key issues, such as how to finance and plan new aquaculture business; how to monitor and evaluate economic performance; and how to manage capital, labor, and business risk; the book equips aquaculture professionals, researchers, and students with important information applicable to a wide range of business decisions. Chapters address each stage of developing an aquaculture business, including financing, marketing, and developing a business plan to manage cash flows and analyze financial statements. Each chapter includes a detailed example of practical application taken from every-day experience. Written in straightforward terminology facilitating ready application, Aquaculture Economics and Financing: Management and Analysis is an essential tool for analyzing and improving financial performance of aquaculture operations. Key Features: Provides a practical and comprehensive understanding of aquaculture economics and financing Discusses key issues in business plan development; marketing; monitoring financial performance; and managing cash flow, assets, and business risk Features examples of practical application in each chapter Includes an annotated bibliography and webliography detailing key resources and software products available for economic and financial analyses Also of Interest: Bioeconomics of Fisheries Management Lee G. Anderson and Juan Carlos Seijo ISBN: 9780813817323 Statistics for Aquaculture Ram C. Bhujel ISBN: 9780813815879

First published in 1990, The Economics of Salmon Aquaculture was the first book to systematically analyse the salmon aquaculture industry, from both a market and production perspective. Since publication of the first edition of this book, the salmon aquaculture industry has grown at a phenomenal rate, with salmon now being consumed in more than 100 countries worldwide. This second edition of a very popular and successful book brings the reader right up to date with all the major current issues pertaining to salmon aquaculture. Commencing with an overview of the production process in aquaculture, the following chapters provide in-depth coverage of the sources of the world’s supply of salmon, the growth in productivity, technological changes, environmental issues, markets, market structure and competitiveness, lessons that can be learnt from the culture of other species, optimal harvesting techniques, production planning, and investment in salmon farms. Written by Frank Ashe and Trond Bjørndal, two of the world's leading experts in the economics of aquaculture, this second edition of The Economics of Salmon Aquaculture provides the salmon aquaculture industry with an essential reference work, including a wealth of commercially important information. This book is also a valuable resource for upper level students and professionals in aquaculture and economics, and libraries in all universities and research establishments where these subjects are studied and taught should have copies of this important book on their shelves.

Salmon aquaculture is growing at an enormous rate in countries such as Norway, Scotland, Ireland, Japan, Canada and Chile, with the development spreading to other areas including Australia, New Zealand and the United States. Yet little systematic data and economic analyses are available with respect to the impact this development has on world salmon markets and the economic viability of the industry. This book has been written to satisfy the need for a text on the economics of salmon aquaculture. It describes salmon aquaculture production and analyses its impact on salmon markets. Economic theory is adapted to the particularities of intensive aquaculture, and appropriate management models are developed and applied to salmon aquaculture.

with the issues involved in the management of salmon fishing. farming and ranching and the implications for production costs and the availa bility of supplies. Chapters 6 and 7 investigate processing. marketing and distribution and Chapter 8 discusses the workings of salmon markets and the main factors affecting the demand for salmon. Finally. chapter 9 summarises the main findings of the study and considers the issues likely to define the future of the industry. The main interest of the book is in salmon sold commer cially and mention is only made in passing of the rather different. though important. issues involved in the management of sport or recreation fisheries. This book does not cover all species of salmon but concentrates on the main species of current commercial significance. These are the five commercially important species of Pacific salmon all of which belong to the single separate genus ONCORHYNCHUS together with SALMO SALAR. the Atlantic salmon. The related SALMO GAIRDNERI (rainbow trout) and SALMO TRUTTA (brown troutl seatrout) are outside the scope of the book. although since these compete closely with salmon. the relationship is discussed. 1.2 THE SALMON: LIFE CYCLE AND SPECIES The family salmonidae is indigenous to the Northern Hemisphere and is found from the temperate zone northwards to beyond the Arctic Circle. 1n both Pacific and Atlantic waters. They are not· native to the Southern Hemisphere but have been successfully introduced into New Zealand. into Argentina. Venezuela and more recently Chile and the Kerguelen Islands.

Capture fisheries make contributions to the world economy that are below their potential. Many of the world's capture fishery resources have been overexploited with some facing collapse. This book presents an overview of the current economics of capture fisheries and examines how they can achieve their full economic potential

This study attributes the chronic economic distress of the valuable Pacific salmon industry not only to decline in catch but also to the economic problems of open access ocean fisheries. It analyzes salmon public management programs and proposes alternatives. Originally published in 1969