IDEAS home Printed from https://ideas.repec.org/p/ags/iaae15/212632.html
   My bibliography  Save this paper

Adoption of Recirculating Aquaculture Systems in Pangasius Farms: A Choice Experiment

Author

Listed:
  • Ngoc, Pham Thi
  • Meuwissen, Miranda
  • Le, Tru
  • Bosma, Roel
  • Verreth, Johan
  • Lansink, Alfons G.J.M.

Abstract

A growing number of European customers’ demands certified pangasius such as ASC in order to ensure sustainable production. Implementing Recirculating Aquaculture Systems (RAS) contributes to an improved water quality, a key issue in achieving ASC certification. This study uses a choice experiment to measure farmers’ preferences for RAS in pangasius production in Vietnam. The farmers’ choice for RAS is positively affected by enhanced yield levels and achievement of ASC certification with price premium. Also the area of farming is found to be important, i.e. farmers in saltwater intrusion areas are more likely to implement RAS. Main constraints are availability of finance and lack of trust in receiving the ASC price premium. To stimulate the adoption of RAS, policies can provide interest subsidies on loans to finance RAS investment, while retailers could ensure a price premium for ASC certified pangasius.

Suggested Citation

  • Ngoc, Pham Thi & Meuwissen, Miranda & Le, Tru & Bosma, Roel & Verreth, Johan & Lansink, Alfons G.J.M., 2015. "Adoption of Recirculating Aquaculture Systems in Pangasius Farms: A Choice Experiment," 2015 Conference, August 9-14, 2015, Milan, Italy 212632, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae15:212632
    DOI: 10.22004/ag.econ.212632
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/212632/files/Pham-Adoption%20of%20Recirculating%20Aquaculture%20Sytems%20in%20Pangasius%20Farms-930.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.212632?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Oude Lansink, Alfons & van den Berg, Mirella & Huirne, Ruud, 2003. "Analysis of strategic planning of Dutch pig farmers using a multivariate probit model," Agricultural Systems, Elsevier, vol. 78(1), pages 73-84, October.
    2. Kim, Seon-Ae & Gillespie, Jeffrey M. & Paudel, Krishna P., 2004. "The Effect Of Economic Factors On The Apoption Of Best Management Practices In Beef Cattle Production," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34670, Southern Agricultural Economics Association.
    3. Jeffrey Gillespie & Seon‐Ae Kim & Krishna Paudel, 2007. "Why don't producers adopt best management practices? An analysis of the beef cattle industry," Agricultural Economics, International Association of Agricultural Economists, vol. 36(1), pages 89-102, January.
    4. Ali, Akhter & Rahut, Dil Bahadur, 2013. "Impact of Agricultural Extension Services on Technology Adoption and Crops Yield: Empirical Evidence from Pakistan," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 3(11), November.
    5. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74(2), pages 132-132.
    6. Ali, Akhter & Rahut, Dil Bahadur, 2013. "Impact of Agricultural Extension Services on Technology Adoption and Crops Yield: Empirical Evidence from Pakistan," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 3(11), pages 1-14, November.
    7. Phoebe Koundouri & Céline Nauges & Vangelis Tzouvelekas, 2006. "Technology Adoption under Production Uncertainty: Theory and Application to Irrigation Technology," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(3), pages 657-670.
    8. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D., 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, January.
    9. Amy Purvis & William G. Boggess & Charles B. Moss & John Holt, 1995. "Technology Adoption Decisions under Irreversibility and Uncertainty: An Ex Ante Appproach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 541-551.
    10. Asfaw, Abay & Admassie, Assefa, 2004. "The role of education on the adoption of chemical fertiliser under different socioeconomic environments in Ethiopia," Agricultural Economics, Blackwell, vol. 30(3), pages 215-228, May.
    11. Robert Evenson & Germano Mwabu, 2001. "The Effect of Agricultural Extension on Farm Yields in Kenya," African Development Review, African Development Bank, vol. 13(1), pages 1-23.
    12. Ian J. Bateman & Richard T. Carson & Brett Day & Michael Hanemann & Nick Hanley & Tannis Hett & Michael Jones-Lee & Graham Loomes, 2002. "Economic Valuation with Stated Preference Techniques," Books, Edward Elgar Publishing, number 2639.
    13. Gracia, Azucena & de Magistris, Tiziana, 2008. "The demand for organic foods in the South of Italy: A discrete choice model," Food Policy, Elsevier, vol. 33(5), pages 386-396, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Caroline Roussy & Aude Ridier & Karim Chaïb, 2014. "Adoption d’innovations par les agriculteurs : rôle des perceptions et des préférences," Post-Print hal-01123427, HAL.
    2. Choi, Andy S., 2013. "Nonmarket values of major resources in the Korean DMZ areas: A test of distance decay," Ecological Economics, Elsevier, vol. 88(C), pages 97-107.
    3. Domínguez-Torreiro, Marcos & Soliño, Mario, 2011. "Provided and perceived status quo in choice experiments: Implications for valuing the outputs of multifunctional rural areas," Ecological Economics, Elsevier, vol. 70(12), pages 2523-2531.
    4. Koistinen, Laura & Pouta, Eija & Heikkila, Jaakko & Forsman-Hugg, Sari & Kotro, Jaana & Makela, Jarmo & Niva, M., 2011. "Impact of meat type, methods of production, fat content, price and carbon footprint information on meat choice," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114710, European Association of Agricultural Economists.
    5. del Saz Salazar, Salvador & Hernandez Sancho, Francesc & Sala Garrido, Ramon, 2009. "Estimación del valor económico de la calidad del agua de un río mediante una doble aproximación: una aplicación de los principios económicos de la Directiva Marco del Agua," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 9(01), pages 1-27.
    6. Djiby Racine Thiam & Ariel Dinar & Hebert Ntuli, 2021. "Promotion of residential water conservation measures in South Africa: the role of water-saving equipment," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(1), pages 173-210, January.
    7. Choi, Andy S. & Ritchie, Brent W. & Papandrea, Franco & Bennett, Jeff, 2010. "Economic valuation of cultural heritage sites: A choice modeling approach," Tourism Management, Elsevier, vol. 31(2), pages 213-220.
    8. Gebreegziabher, Z. & Mekonnen, A. & Beyene, A.D. & Hagos, F., 2018. "Valuation of access to irrigation water in rural Ethiopia: application of choice experiment and contingent valuation methods," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277168, International Association of Agricultural Economists.
    9. Contu, Davide & Strazzera, Elisabetta & Mourato, Susana, 2016. "Modeling individual preferences for energy sources: The case of IV generation nuclear energy in Italy," Ecological Economics, Elsevier, vol. 127(C), pages 37-58.
    10. Ponce Oliva, Roberto D. & Vasquez-Lavín, Felipe & San Martin, Valeska A. & Hernández, José Ignacio & Vargas, Cristian A. & Gonzalez, Pablo S. & Gelcich, Stefan, 2019. "Ocean Acidification, Consumers' Preferences, and Market Adaptation Strategies in the Mussel Aquaculture Industry," Ecological Economics, Elsevier, vol. 158(C), pages 42-50.
    11. Westerberg, Vanja & Jacobsen, Jette Bredahl & Lifran, Robert, 2013. "The case for offshore wind farms, artificial reefs and sustainable tourism in the French mediterranean," Tourism Management, Elsevier, vol. 34(C), pages 172-183.
    12. Nduka, Eleanya, 2021. "How to get rural households out of energy poverty in Nigeria: A contingent valuation," Energy Policy, Elsevier, vol. 149(C).
    13. Chun-Hung Lee & Chiung-Hsin Wang, 2017. "Estimating Residents’ Preferences of the Land Use Program Surrounding Forest Park, Taiwan," Sustainability, MDPI, vol. 9(4), pages 1-19, April.
    14. Tavárez, Héctor & Álamo, Carmen & Cortés,Mildred, 2020. "Differentiated coffees and their potential markets in Puerto Rico: An economic valuation approach," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 20(02), December.
    15. Lizin, Sebastien & Van Passel, Steven & Schreurs, Eloi, 2015. "Farmres' Perceived Cost of Land Use restrictions: A Simulated Purchasing Decision Using Dscrete Choice Experiments," 2015 Conference, August 9-14, 2015, Milan, Italy 212054, International Association of Agricultural Economists.
    16. Sara Kaffashi & Mad Nasir Shamsudin & Alias Radam & Khalid Abdul Rahim & Mohd Rusli Yacob, 2013. "Non-users’ trade-off between natural scenery, water quality, ecological functions and biodiversity conservation: a way to preserve wetlands," Environment Systems and Decisions, Springer, vol. 33(2), pages 251-260, June.
    17. Bakti Hasan-Basri & Mohd Zaini Abd Karim & Normizan Bakar, 2015. "Willingness To Pay For Recreational Attributes Of Public Parks: A Choice Experiment Approach," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(05), pages 1-18, December.
    18. Zhang, Haifeng & Kono, Hiroichi & Kubota, Satoko & Wang, Jun, 2015. "Farmers’ Willingness to Pay for a Porcine Reproductive and Respiratory Syndrome (PRRS) Vaccine in Thua Thien Hue Province, Vietnam," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 18(2), pages 1-14, May.
    19. Alemu Mekonnen & Zenebe Gebreegziabher & Abebe D. Beyene & Fitsum Hagos, 2019. "Valuation of Access to Irrigation Water in Rural Ethiopia: Application of Choice Experiment and Contingent Valuation Methods," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 6(01), pages 1-26, September.
    20. Shittu, A. & Kehinde, M., 2018. "Willingness to Accept Incentives for a Shift to Climate – Smart Agriculture among Smallholder Farmers in Southwest and Northcentral Nigeria," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275983, International Association of Agricultural Economists.

    More about this item

    Keywords

    Agricultural and Food Policy; Agricultural Finance; Farm Management;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iaae15:212632. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.