Marine Aquaculture Economics

  1. Develop a methodology for assessing the adverse socioeconomic impact of aquatic animal diseases.
  2. Pilot-test the assessment methodology in aquatic animal outbreaks in any major producing state, region, country or continent.
  1. Review related literature about oyster aquaculture in the U.S.
  2. Develop economic models of alternative oyster aquaculture production systems suitable for the state and the region.
  1. Review related literature about blue crab aquaculture in the U.S.
  2. Develop economic models of alternative blue crab aquaculture production systems suitable for the state and the region.
  1. Review related literature about red snapper aquaculture in the U.S.
  2. Develop economic models of alternative red snapper aquaculture production systems suitable for the state and the region.
  1. Compile long-tern prices of selected aquaculture fish and shellfish products in the state, the region and beyond.
  1. Estimate the economic impacts of marine aquaculture sector using IMPLAN and BLS employment data.
  1. Developed economic models of alternative offshore aquaculture production systems for saltwater species appropriate in the Gulf of Mexico and Southern California regions. 
  1. Evaluated the feasibility of each biosecure marine shrimp production system developed by the member institutions of the U.S. Marine Shrimp Farming Program.
  1. Conducted grow-out pond experiments and developed economic models of alternative pond grow-out systems for freshwater prawns appropriate in the region.
  1. Developed economically viable, small-scale production and marketing systems capable of providing a year-round supply of live bait, especially during winter months.
  1. Evaluated the use of constructed wetlands in improving pond water quality and assess the associated benefits and costs in intensive finfish pond production. 
  1. Developed economic models of catfish production in Mississippi Black Belt, mainly in Noxubee, Lowndes and Kemper counties. 
  1. Compile estimates of annual U.S. aquaculture production based on data released by NOAA Fisheries Service.