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Shrimp aquaculture: economic perspectives for policy development

Author

Listed:
  • Neiland, Arthur E.
  • Soley, Neill
  • Varley, Joan Baron
  • Whitmarsh, David J.

Abstract

The objective of this paper is to provide an overview of shrimp aquaculture from the perspectives of economics. It is offered as a contribution to the on-going policy debate on this globally important industry. The paper is organised into four sections: the benefits of shrimp aquaculture, the problems of shrimp aquaculture, economic development perspectives on shrimp aquaculture, and conclusions. Four main conclusions are drawn: there is a lack of independent analysis of the factors affecting the production strategies of private firms in the shrimp industry; there is a need to overcome polarisation in order to promote sustainable shrimp aquaculture; wider perspectives on shrimp aquaculture will be beneficial to policy formation; and it is in the long-run self-interest of shrimp producers to incorporate the external costs of production into planning decisions. The paper includes a review of the international literature which provides a valuable resource for policy-makers.

Suggested Citation

  • Neiland, Arthur E. & Soley, Neill & Varley, Joan Baron & Whitmarsh, David J., 2001. "Shrimp aquaculture: economic perspectives for policy development," Marine Policy, Elsevier, vol. 25(4), pages 265-279, July.
    • Handle: RePEc:eee:marpol:v:25:y:2001:i:4:p:265-279
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    Citations

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    Cited by:

    1. P. Lopes, 2008. "Extracted and farmed shrimp fisheries in Brazil: economic, environmental and social consequences of exploitation," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 10(5), pages 639-655, October.
    2. Tran, Nhuong & Bailey, Conner & Wilson, Norbert & Phillips, Michael, 2013. "Governance of Global Value Chains in Response to Food Safety and Certification Standards: The Case of Shrimp from Vietnam," World Development, Elsevier, vol. 45(C), pages 325-336.
    3. Jingjie Chu & Lacey Tudur, 2014. "Looking to Grow Outside the United States," Marine Resource Economics, University of Chicago Press, vol. 29(4), pages 323-337.
    4. Yi Zhang & Yao Xu & Hao Kong & Gang Zhou, 2022. "Spatial-Temporal Evolution of Coupling Coordination between Green Transformation and the Quality of Economic Development," Sustainability, MDPI, vol. 14(23), pages 1-15, December.
    5. Bui Bich Xuan & Erlend Dancke Sandorf, 2020. "Potential for Sustainable Aquaculture: Insights from Discrete Choice Experiments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(2), pages 401-421, October.
    6. M. Kumaran & M. Sundaram & Shijo Mathew & P. R. Anand & T. K. Ghoshal & P. Kumararaja & R. Anandaraja & Shyne Anand & K. K. Vijayan, 2021. "Is Pacific white shrimp (Penaeus vannamei) farming in India sustainable? A multidimensional indicators-based assessment," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 6466-6480, April.
    7. Brojo Gopal Paul & Christian Reinhard Vogl, 2012. "Key Performance Characteristics of Organic Shrimp Aquaculture in Southwest Bangladesh," Sustainability, MDPI, vol. 4(5), pages 1-18, May.

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