The Economics of Salmon Aquaculture 2nd Edition by Frank Asche, Trond Bjorndal ISBN 0852382898 9780852382899

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Product details:

ISBN 10: 0852382898 
ISBN 13: 9780852382899
Author: Frank Asche, Trond Bjorndal

First published in 1990, The Economics of Salmon Aquaculture was the first book to systematically analyse the salmon aquaculture industry, from both a market and production perspective. Since publication of the first edition of this book, the salmon aquaculture industry has grown at a phenomenal rate, with salmon now being consumed in more than 100 countries worldwide. This second edition of a very popular and successful book brings the reader right up to date with all the major current issues pertaining to salmon aquaculture.

Commencing with an overview of the production process in aquaculture, the following chapters provide in-depth coverage of the sources of the world’s supply of salmon, the growth in productivity, technological changes, environmental issues, markets, market structure and competitiveness, lessons that can be learnt from the culture of other species, optimal harvesting techniques, production planning, and investment in salmon farms.

Written by Frank Ashe and Trond Bjørndal, two of the world’s leading experts in the economics of aquaculture, this second edition of The Economics of Salmon Aquaculture provides the salmon aquaculture industry with an essential reference work, including a wealth of commercially important information. This book is also a valuable resource for upper level students and professionals in aquaculture and economics, and libraries in all universities and research establishments where these subjects are studied and taught should have copies of this important book on their shelves.

The Economics of Salmon Aquaculture 2nd Table of contents:

1. Introduction

2. The Production Process in Aquaculture

   • Salmon production

   • Fish farming technology

   • Inputs and outputs

   • The biology–economics interface

3. The Supply of Salmon

   • Wild vs. farmed salmon

   • Growth of farmed salmon production

   • Global production patterns

   • Regulation and structure of the industry

4. Productivity Growth and Technological Change

   • Declining production costs

   • Economies of scale

   • Feed, breeding, and survival rates

   • Disease management and innovations

   • Cycles in profitability

5. Environmental Issues

   • Environmental externalities

   • Waste, escapes, and disease

   • The fish meal and fish oil debate

   • Sustainability challenges

6. Markets for Salmon

   • Global trade flows

   • Main consumer markets (EU, US, Japan, Russia)

   • Fresh vs. frozen vs. smoked salmon

   • Price formation and development

7. Competitiveness and Market Structure

   • Market definitions

   • Substitution between wild and farmed

   • Price transmission

   • Barriers to trade and antidumping cases

   • Market integration

8. Lessons for Other Farmed Species

   • Applicability to other aquaculture industries

   • Tilapia, shrimp, and seabass

   • Differences in biology, markets, and costs

9. Optimal Harvesting of Farmed Fish

   • Growth models and economic optimization

   • The rotation problem

   • Bioeconomic modelling of harvest decisions

10. Production Planning in a Salmon Farm

    • Decision variables and constraints

    • Cohort management

    • Risk and uncertainty in planning

11. Investment in a Salmon Farm

    • Cost structures and profitability

    • Investment decision frameworks

    • Risk, financing, and scaling

12. References

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