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Includes appendices.
Presenting state-of-the-art research on the economics of producing and marketing aquacultural products, this volume addresses critical issues concerning profitability, market acceptance, and economic modeling of various aquacultural products. Research approaches range from firm-level bioeconomic modelling to market-level econometric modelling of industry growth and product substitution. The studies highlight the institutional structures and public policy issues that will shape growth and development of aquaculture into the twenty-first century, including trade policies, food safety, and environmental quality.
"To read this book is to spend a day on a 40-foot shrimp boat in a southern Texas bay, then return home to an isolated port town whose economy revolves around shrimping and whose future is in jeopardy. Often reading like a good novel, Maril's political economy of the Texas shrimp industry is written by someone who knows the inner workings of the industry and the communities that depend upon it. A rich and highly engaging study of the industry". -- Contemporary Sociology.