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Shrimp export competitiveness and its determinants: a novel dynamic ARDL simulations approach 虾出口竞争力及其决定因素：一种新的动态ARDL模拟方法
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-06-24 DOI: 10.1080/13657305.2022.2089772
M. Khan, M. Hossain, Md. Sayemul Islam, Md. Takibur Rahman, M. Dey
{"title":"Shrimp export competitiveness and its determinants: a novel dynamic ARDL simulations approach","authors":"M. Khan, M. Hossain, Md. Sayemul Islam, Md. Takibur Rahman, M. Dey","doi":"10.1080/13657305.2022.2089772","DOIUrl":"https://doi.org/10.1080/13657305.2022.2089772","url":null,"abstract":"Abstract This study aims to explore the shrimp export competitiveness of Bangladesh, China, India, Indonesia, Thailand, and Vietnam time spanning from 1990 to 2019. However, emphasizing Bangladesh as a case country, this research looks into the factors influencing shrimp export competitiveness taking into account macroeconomic and policy variables. To do so, we used the recently developed Revealed Symmetric Comparative Advantage (RSCA) index to quantify export competitiveness, while a novel dynamic autoregressive distributed lag (ARDL) simulation approach to determine the factors driving shrimp export competitiveness. The findings show that all of the aforementioned countries seem to have some degree of shrimp export competitiveness during the study period, whereas Chain has entirely lost its export competitiveness after 2004. However, Bangladesh's shrimp export competitiveness has dipped marginally in recent years, despite continuous growth in competitor countries such as India, Indonesia, and Vietnam. Further, economic globalization, institutional quality, trade openness, number of trade agreements, and trade freedom all have a favorable impact on Bangladesh’s shrimp export competitiveness in the long-run, whereas the international or exporting price of shrimp has a detrimental influence in short-and long-run. Finally, these findings may have implications for a future shrimp export from Bangladesh and some policy recommendation are presented.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"27 1","pages":"221 - 248"},"PeriodicalIF":3.9,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46825493","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Do Chilean imports lead prices in the EU mussel market? 从智利进口的贻贝在欧盟市场上价格领先吗?
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-06-22 DOI: 10.1080/13657305.2022.2089771
L. Salazar, J. Dresdner
{"title":"Do Chilean imports lead prices in the EU mussel market?","authors":"L. Salazar, J. Dresdner","doi":"10.1080/13657305.2022.2089771","DOIUrl":"https://doi.org/10.1080/13657305.2022.2089771","url":null,"abstract":"Abstract The impact that added competition of imported mussels from Chile might have had on market prices is one of the main reasons given to explain the decrease in the economic performance of the mussel aquaculture sector in the European Union (EU) in the last two decades. This hypothesis has not yet been tested. In this article we test empirically for price leadership and market integration in the EU mussel market. We estimate a cointegrated vector autoregressive (CVAR) model for the French, Italian, and Spanish mussel import markets and test for price leadership. The results indicate that the import prices of Chile, Belgium, Spain, Ireland, Italy and the Netherlands are determined within a fully integrated market, so prices are proportional over time. All countries follow the lead of Chilean mussel prices in the French market, which are on average among the lowest of the main importers in this market. These results support the opinion that added competition from Chilean mussels may have contributed to the low prices in the EU market.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"27 1","pages":"207 - 220"},"PeriodicalIF":3.9,"publicationDate":"2022-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45109473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The São Paulo wholesale seafood market: A study of fish prices in Brazil 圣保罗海鲜批发市场:巴西鱼类价格研究
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-06-08 DOI: 10.1080/13657305.2022.2079762
R. Pincinato, Atle Oglend, Renata Melon Barroso Bertolini, A. E. Muñoz
{"title":"The São Paulo wholesale seafood market: A study of fish prices in Brazil","authors":"R. Pincinato, Atle Oglend, Renata Melon Barroso Bertolini, A. E. Muñoz","doi":"10.1080/13657305.2022.2079762","DOIUrl":"https://doi.org/10.1080/13657305.2022.2079762","url":null,"abstract":"Abstract We analyze fish pricing in the São Paulo wholesale market, the second largest seafood market in South America. Quantitative price analysis is complemented by interviews with participants in the value chain to answer how the multitude of fish products supplied in this market are related and the challenges facing future growth. The results reveal a clear separate pricing of domestically produced fishery species (whitefish and pelagics) from the internationally traded aquaculture species (tilapia and salmon). Tilapia and salmon are uniquely priced, less volatile and more persistent with a price dynamic more akin to local terrestrial meats. Fishery prices show large month-by-month fluctuations and compete more with each other. Participants in the different levels of the value chain corroborate the uniqueness of salmon and state a preference for stable availability and low prices, with less concern about the specific sourcing of fish (aquaculture/fisher, or domestic/imported).","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"26 1","pages":"259 - 282"},"PeriodicalIF":3.9,"publicationDate":"2022-06-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48219856","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Consumers’ willingness-to-pay for newly developed U.S. farm-raised convenient catfish products: A consumer-based survey study 消费者愿意为新开发的美国农场养殖的方便鲶鱼产品付费:一项基于消费者的调查研究
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-04-22 DOI: 10.1080/13657305.2022.2060374
K. Gosh, U. Deb, M. Dey
{"title":"Consumers’ willingness-to-pay for newly developed U.S. farm-raised convenient catfish products: A consumer-based survey study","authors":"K. Gosh, U. Deb, M. Dey","doi":"10.1080/13657305.2022.2060374","DOIUrl":"https://doi.org/10.1080/13657305.2022.2060374","url":null,"abstract":"Abstract Accurately measuring willingness-to-pay (WTP) for newly developed food products is critical for academicians and marketing managers. This study measures consumers’ preference and WTP for five newly developed convenient (ready-to-cook) catfish products by surveying 128 participants from Arkansas and Florida. An ordered probit model was applied to survey data to investigate factors influencing consumers’ WTP. Results indicated that the surveyed participants preferred all the inspected products as their WTP was ranged between average and high. The significant variables affecting the participants’ WTP include product appearance, eagerness to buy, preference ranking, preferred form, and consumption pattern. The consumer’s WTP was significantly correlated with the participant’s gender, age, race, and for some groups, income.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"26 1","pages":"332 - 358"},"PeriodicalIF":3.9,"publicationDate":"2022-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43526812","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Modeling the demand across three major protein sources: Focusing on seafood protein 对三种主要蛋白质来源的需求进行建模:重点关注海鲜蛋白质
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-04-21 DOI: 10.1080/13657305.2022.2063453
Yeowoon Park, Hayeon Joo, Junghoon Moon
{"title":"Modeling the demand across three major protein sources: Focusing on seafood protein","authors":"Yeowoon Park, Hayeon Joo, Junghoon Moon","doi":"10.1080/13657305.2022.2063453","DOIUrl":"https://doi.org/10.1080/13657305.2022.2063453","url":null,"abstract":"Abstract Despite recent dramatic growth in seafood consumption worldwide, knowledge about seafood demand is limited relative to other protein sources. We model demand across three major protein categories (i.e., terrestrial meat, seafood, and plant-based protein) in South Korea to fill the research gap. This study models a quadratic almost ideal demand system (QUAIDS) by utilizing household panel data. The study takes this one step further by modeling demand within four seafood categories (i.e., fish, cephalopods, shellfish, and crustaceans). Sociodemographic variables, including health-related factors, are incorporated into the demand models. Results indicate that seafood is in a complementary relationship with terrestrial meat while it is a substitute for plant-based protein. All four seafood categories are a substitute for each other. The results reveal that people who take their health seriously tend to consume more seafood, particularly fish. The results have economic and marketing implications for which strategies could be adopted to influence seafood consumption.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"27 1","pages":"159 - 184"},"PeriodicalIF":3.9,"publicationDate":"2022-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46441406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Clam aquaculture profitability under changing environmental risks 环境风险变化下蛤蜊养殖盈利能力研究
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-04-04 DOI: 10.1080/13657305.2022.2058113
J. Moor, Andrew Ropicki, T. Garlock
{"title":"Clam aquaculture profitability under changing environmental risks","authors":"J. Moor, Andrew Ropicki, T. Garlock","doi":"10.1080/13657305.2022.2058113","DOIUrl":"https://doi.org/10.1080/13657305.2022.2058113","url":null,"abstract":"Abstract As filter feeders, mollusks’ growth is completely reliant on the natural environment. This leaves clam aquaculture, and more generally molluskan aquaculture, highly susceptible to environmental risks such as harmful algal blooms (HABs) and low salinity events. As marine environments change, whether due to climatic or nutrient related variations, there may be new risk combinations that farmers have yet to encounter. To analyze the financial effects of environmental risks on clam farmers in the Gulf of Mexico, we conducted a Monte–Carlo experiment, varying risk combinations and correlations among scenarios. Simultaneous stressors showed a significant impact on individual firms, decreasing average profit by 71% and internal rate of return (IRR) by 83% when compared to best case baseline scenarios without environmental risk, indicating a potential need for risk mitigation strategies. While our analysis focuses on Florida Gulf of Mexico clam farmers, the model presented is applicable to molluskan aquaculture globally.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"884 1","pages":"283 - 300"},"PeriodicalIF":3.9,"publicationDate":"2022-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"60198096","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
Consumers’ willingness to pay (WTP) for HACCP certified frozen farmed fish: A consumer survey from wet markets in Dhaka, Bangladesh 消费者对HACCP认证的冷冻养殖鱼的支付意愿(WTP):来自孟加拉国达卡湿市场的消费者调查
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-03-16 DOI: 10.1080/13657305.2022.2046204
K. Hossain, Jianhong Xue, Md. Ghulam Rabbany
{"title":"Consumers’ willingness to pay (WTP) for HACCP certified frozen farmed fish: A consumer survey from wet markets in Dhaka, Bangladesh","authors":"K. Hossain, Jianhong Xue, Md. Ghulam Rabbany","doi":"10.1080/13657305.2022.2046204","DOIUrl":"https://doi.org/10.1080/13657305.2022.2046204","url":null,"abstract":"Abstract Bangladesh, like many developing countries, has taken various aquaculture product quality and safety control measures. However, it is little is known about Bangladeshi consumers' preferences, and in particular, whether they are willing to pay a price premium for safety improvements and what are the determinants of their WTP. This paper assesses consumers’ preferences and WTP for Hazard Analysis Critical Control Point (HACCP) of certified frozen farmed fish (major carps). Findings indicate that Bangladeshi consumers, on average, are ready to pay a premium of 24.62% more for HACCP-certified frozen major carps. Results also indicate that education, income, consumption frequency, perceived fish safety risk, taste, and freshness are the significant determinants of consumers’ WTP for HACCP certified frozen major carps.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"27 1","pages":"143 - 158"},"PeriodicalIF":3.9,"publicationDate":"2022-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46579633","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Seafood supply and demand disruptions: The Covid-19 pandemic and shrimp 海产品供需中断:Covid-19大流行和虾
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-03-14 DOI: 10.1080/13657305.2022.2038719
A. Schmitz, Ly T. T. Nguyen
{"title":"Seafood supply and demand disruptions: The Covid-19 pandemic and shrimp","authors":"A. Schmitz, Ly T. T. Nguyen","doi":"10.1080/13657305.2022.2038719","DOIUrl":"https://doi.org/10.1080/13657305.2022.2038719","url":null,"abstract":"Abstract We develop a theoretical trade model based on classical welfare economics and apply it empirically to both importers and exporters of shrimp, the most traded seafood, to determine the effects of the Covid-19 pandemic on shrimp produced and consumed in the U.S. and globally. We consider two time periods and compare these to the base period before the pandemic. Period 1 (March–June 2020): there is a net economic loss globally of $194 million due to lockdowns. Period 2 (July 2020–June 2021): there is a net welfare gain globally of $885 million due to increased shrimp demand. Overall, the global net economic gain was $692 million. For the United States alone, shrimp consumers gained $470 million while shrimp producers gained $24 million, which is relatively consistent with the net quasi-consumer gain of $475 million due to the Covid-19 pandemic.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"26 1","pages":"359 - 383"},"PeriodicalIF":3.9,"publicationDate":"2022-03-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42683160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Production economic relationships in intensive U.S. catfish production systems 美国鲶鱼集约化生产系统中的生产经济关系
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-02-16 DOI: 10.1080/13657305.2022.2038720
Shraddha Hegde, G. Kumar, C. Engle, Jimmy L. Avery, Suja Aarattuthodi, Jeffrey C. Johnson, Jonathan van Senten
{"title":"Production economic relationships in intensive U.S. catfish production systems","authors":"Shraddha Hegde, G. Kumar, C. Engle, Jimmy L. Avery, Suja Aarattuthodi, Jeffrey C. Johnson, Jonathan van Senten","doi":"10.1080/13657305.2022.2038720","DOIUrl":"https://doi.org/10.1080/13657305.2022.2038720","url":null,"abstract":"Abstract The U.S. catfish industry is evolving by adopting intensive farming practices such as intensively aerated ponds and split-pond systems. The functional relationship between fish yield and key production inputs in these intensive systems was analyzed based on commercial catfish production data from 143 pond observations (2010−2018). A Cobb-Douglas production function was employed for the intensively aerated ponds and a modified translog production function was used to define the production relationships in split ponds. Results indicated that the size of fingerlings at stocking, stocking density, aeration rate, feeding rate, survival, and harvest size of the fish were statistically significant variables influencing fish production in intensively aerated ponds. Initial fingerling stocking biomass (interaction of stocking size and stocking density), feed conversion ratio (FCR), feeding rate, and pond size were the most important variables influencing production in split-pond systems. Feed fed, as well as stocking biomass, were the significant variables found in both models. Both production functions indicated further scope for improvement in the use of inputs to increase production, especially in feed management.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"26 1","pages":"314 - 331"},"PeriodicalIF":3.9,"publicationDate":"2022-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46976524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
How often, how much? An analysis of Label Rouge salmon purchases in France 多久一次，多少钱？法国Label Rouge三文鱼采购情况分析
IF 3.9 2区 经济学
Aquaculture Economics & Management Pub Date : 2022-02-04 DOI: 10.1080/13657305.2022.2033883
Arnar Buason, S. Agnarsson, K. Rickertsen
{"title":"How often, how much? An analysis of Label Rouge salmon purchases in France","authors":"Arnar Buason, S. Agnarsson, K. Rickertsen","doi":"10.1080/13657305.2022.2033883","DOIUrl":"https://doi.org/10.1080/13657305.2022.2033883","url":null,"abstract":"Abstract We investigated the purchases of salmon sold under the Label Rouge quality label in France. A flexible infrequency of purchases model was estimated using French scanner data. The results show that consumers’ perceptions differ substantially between fresh salmon labeled as Label Rouge and other fresh salmon and confirm that Label Rouge results in product differentiation. Furthermore, consumers of Label Rouge salmon neither reduce the consumption frequency of Label Rouge salmon nor switches to other types of fish when the price of Label Rouge salmon increases. However, total sales of Label Rouge salmon will be reduced when the price increases. The average Label Rouge consumer is an older middle-class person from Paris. Marketing activities should specifically target this group of consumers.","PeriodicalId":48854,"journal":{"name":"Aquaculture Economics & Management","volume":"27 1","pages":"124 - 142"},"PeriodicalIF":3.9,"publicationDate":"2022-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46964198","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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