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• 1. [Article] The Emerging Dominance of Aquaculture: Implications for Trade and Management

  IIFET 2008 Vietnam keynote presentation by Professor James L. Anderson from the University of Rhode Island, USA.

  Citation × Citation Citation Abstract Copy Title: The Emerging Dominance of Aquaculture: Implications for Trade and Management Author: Anderson, James L. IIFET 2008 Vietnam keynote presentation by Professor James L. Anderson from the University of Rhode Island, USA. Title: The Emerging Dominance of Aquaculture: Implications for Trade and Management Author: Anderson, James L. IIFET 2008 Vietnam keynote presentation by Professor James L. Anderson from the University of Rhode Island, USA. Close

• 2. [Article] Factors Affecting U.S. Aquaculturists' Intended Actions to Expand Production Capacity Abroad

  This paper examines the relationship between U.S. aquaculturists‟ intended actions to expand production capacity abroad and the factors influencing their choices. These factors include aquaculturists‟ ...

  Citation × Citation Citation Abstract Copy Title: Factors Affecting U.S. Aquaculturists' Intended Actions to Expand Production Capacity Abroad Author: Tudur, Lacey, Asche, Frank, Chu, Jingjie, Anderson, James L. This paper examines the relationship between U.S. aquaculturists‟ intended actions to expand production capacity abroad and the factors influencing their choices. These factors include aquaculturists‟ perceptions of market conditions; regulatory climate; property rights; government leadership; and the comparative advantages of U.S. aquaculture, as well as the demographic characteristics of aquaculturists and their farms. Primary data were collected via an original online survey. Both multinomial probit and probit models identify the factors affecting aquaculturists‟ intended actions to expand abroad. The results indicate that large-scale, non-shellfish (e.g., finfish, salmon, or shrimp), less-educated, marine aquaculturists with high expectations about seafood demand during the next three years; who think U.S. permit and environmental regulations are strict; that aquaculture leases should be transferable; and that the U.S.A. has comparative advantages in skilled labor availability and access to the domestic markets, are more likely to expand their operations abroad. The results provide guidance for U.S. policy makers to help retain aquaculture entrepreneurs and investors domestically. Title: Factors Affecting U.S. Aquaculturists' Intended Actions to Expand Production Capacity Abroad Author: Tudur, Lacey, Asche, Frank, Chu, Jingjie, Anderson, James L. This paper examines the relationship between U.S. aquaculturists‟ intended actions to expand production capacity abroad and the factors influencing their choices. These factors include aquaculturists‟ perceptions of market conditions; regulatory climate; property rights; government leadership; and the comparative advantages of U.S. aquaculture, as well as the demographic characteristics of aquaculturists and their farms. Primary data were collected via an original online survey. Both multinomial probit and probit models identify the factors affecting aquaculturists‟ intended actions to expand abroad. The results indicate that large-scale, non-shellfish (e.g., finfish, salmon, or shrimp), less-educated, marine aquaculturists with high expectations about seafood demand during the next three years; who think U.S. permit and environmental regulations are strict; that aquaculture leases should be transferable; and that the U.S.A. has comparative advantages in skilled labor availability and access to the domestic markets, are more likely to expand their operations abroad. The results provide guidance for U.S. policy makers to help retain aquaculture entrepreneurs and investors domestically. Close

• 3. [Article] Application of a Dynamic Stochastic Adaptive Bioeconomic Model to Evaluate the Economics of Offshore Bluefin Tuna Aquaculture

  Over the past fifteen years, the market for bluefin tuna has evolved in an attempt to further enhance the economic value of bluefin tuna landings. Historically, the US East Coast has been a major supplier ...

  Citation × Citation Citation Abstract Copy Title: Application of a Dynamic Stochastic Adaptive Bioeconomic Model to Evaluate the Economics of Offshore Bluefin Tuna Aquaculture Author: Shamshak, Gina Louise, Anderson, James L. Over the past fifteen years, the market for bluefin tuna has evolved in an attempt to further enhance the economic value of bluefin tuna landings. Historically, the US East Coast has been a major supplier of high quality bluefin tuna to Japan, the primary market for sashimi grade tuna. To date, many questions regarding the economic feasibility of offshore aquaculture, and in particular offshore bluefin tuna farming in the United States, remain unanswered. This research assesses the economic feasibility of an offshore bluefin tuna aquaculture industry located on the East Coast of the US by developing a dynamic stochastic adaptive bioeconomic model of such an offshore enterprise. The bioeconomic model incorporates the biological constraints of the species, the interaction of relevant economic parameters and constraints, and stochastic sources of risk, to solve for the profit maximizing behavior of a farmed bluefin tuna producer. This research identifies the optimal harvest schedule for an offshore bluefin tuna farming facility that maximizes the net present value of the operation under a variety of economic, biological and regulatory conditions. Economic feasibility is analyzed using profitability indicators including net present value (NPV) and internal rate of return (IRR). This research is relevant given the continued expansion of bluefin tuna aquaculture globally, the increasing demand for high-quality bluefin tuna, and the uncertainty regarding the economic feasibility of an offshore bluefin tuna aquaculture industry in the United States. Title: Application of a Dynamic Stochastic Adaptive Bioeconomic Model to Evaluate the Economics of Offshore Bluefin Tuna Aquaculture Author: Shamshak, Gina Louise, Anderson, James L. Over the past fifteen years, the market for bluefin tuna has evolved in an attempt to further enhance the economic value of bluefin tuna landings. Historically, the US East Coast has been a major supplier of high quality bluefin tuna to Japan, the primary market for sashimi grade tuna. To date, many questions regarding the economic feasibility of offshore aquaculture, and in particular offshore bluefin tuna farming in the United States, remain unanswered. This research assesses the economic feasibility of an offshore bluefin tuna aquaculture industry located on the East Coast of the US by developing a dynamic stochastic adaptive bioeconomic model of such an offshore enterprise. The bioeconomic model incorporates the biological constraints of the species, the interaction of relevant economic parameters and constraints, and stochastic sources of risk, to solve for the profit maximizing behavior of a farmed bluefin tuna producer. This research identifies the optimal harvest schedule for an offshore bluefin tuna farming facility that maximizes the net present value of the operation under a variety of economic, biological and regulatory conditions. Economic feasibility is analyzed using profitability indicators including net present value (NPV) and internal rate of return (IRR). This research is relevant given the continued expansion of bluefin tuna aquaculture globally, the increasing demand for high-quality bluefin tuna, and the uncertainty regarding the economic feasibility of an offshore bluefin tuna aquaculture industry in the United States. Close