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External Costs of Aquaculture Production in West Virginia

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  • Stephen Smearman
  • Gerard D'souza
  • Virgil Norton

Abstract

Temperate hill-lands of the U.S.A. such as those in West Virginia are areas from which increasing output of farm-raised fish may be possible. However, the downstream economic impacts of current and projected future effluent as a result of aquaculture production have not been extensively studied. Using an externality framework and a combination of primary and secondary data, this study determines pollution prevention costs (PPC), and downstream pollution damage costs resulting from fish farm wastewater effluent measured as willingness to pay (WTP) for restoring water quality. PPC is estimated at $0.11 per kg of trout produced (which would add 6% to private production cost), and WTP is estimated at $0.49 per kg of trout produced (representing 25% of private production cost) at current production and price levels. This study shows that installation of filtration units is a low-cost (less than 6% of total cost) and an effective technology for controlling pollution at the source. Internalizing external costs (adding this 6% to private production costs) is one strategy that could contribute to sustainable growth of the aquaculture industry. Copyright Kluwer Academic Publishers 1997

Suggested Citation

  • Stephen Smearman & Gerard D'souza & Virgil Norton, 1997. "External Costs of Aquaculture Production in West Virginia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(2), pages 167-175, September.
    • Handle: RePEc:kap:enreec:v:10:y:1997:i:2:p:167-175
    DOI: 10.1023/A:1026473221396
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    References listed on IDEAS

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    1. Cropper, Maureen L & Oates, Wallace E, 1992. "Environmental Economics: A Survey," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 675-740, June.
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    1. Stanley, Denise L., 2000. "The economics of the adoption of BMPs: the case of mariculture water management," Ecological Economics, Elsevier, vol. 35(2), pages 145-155, November.
    2. Leon-Santana, Miguel & Hernandez, Juan M., 2008. "Optimum management and environmental protection in the aquaculture industry," Ecological Economics, Elsevier, vol. 64(4), pages 849-857, February.

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