Marine Economics

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Benedict C. Posadas, Ph.D.
Associate Extension and Research Professor of Economics
Mississippi-Alabama Sea Grant Program, Coastal Research & Extension Center, Mississippi State University
1815 Popps Ferry Road, Biloxi, MS, USA 39532
Telephone: 228-546-1024; Email: ben.posadas@msstate.edu 

ECONOMIC CONTRIBUTIONS AND LABOR MANAGEMENT IN THE ENVIRONMENTAL HORTICULTURE INDUSTRY

  1. Investigate sustainable practices in ornamental crop production and landscape systems
  2. Evaluate economic contributions of the environmental horticulture industry 
  3. Investigate labor management practices and mechanization in the nursery and greenhouse industry. 

SOCIOECONOMIC IMPACT OF AQUATIC ANIMAL DISEASES  

  1. Develop a methodology for assessing the socioeconomic impacts of aquatic animal diseases. 
  2. Pilot-test the assessment methodology in aquatic animal outbreaks in any major producing state, region, country or continent.

SEAFOOD, AQUACULTURE AND HORTICULTURE EMPLOYMENT AND WAGES

  1. Monitor quarterly and annual trends in employment and wages in the aquaculture and horticulture industries in the U.S. and major producing states.
  2. Conduct wage and employment surveys of seafood processing plants located in Mississippi and Alabama to determine employment and compensation of workers. 

GULF SEAFOOD AND AQUACULTURE PRICE ANALYSIS 

  1. Monitor monthly trends in ex-vessel and wholesale prices of Gulf of Mexico shrimp products.
  2. Monitor monthly trends in wholesale prices of aquaculture products in U.S. markets.

MARINE AQUACULTURE PRODUCTION SYSTEMS 

  1. This multi-university collaborative project will develop economic models for commercial marine finfish and shellfish culture systems appropriate in the Gulf of Mexico region. 
  2. Compile estimates of annual U.S. aquaculture production based on data released by NOAA Fisheries Service.  

ECONOMIC IMPACTS OF THE NATURAL AND TECHNOLOGICAL DISASTERS

  1. In order to understand the magnitude of the economic impacts of disasters on the different economic sectors affected, multi-year baseline economic information about each sector in all five Gulf states are currently being compiled from various secondary sources.
  2. Economic recovery models are being developed using survey data, databases on licenses, and landings data on all five Gulf states

HORTICULTURE AND MARINE ECONOMICS OUTREACH  

  1. The economics outreach program provides specific clientele groups with basic and advanced analysis of economic issues in coastal areas, state, Gulf and beyond.
  2. Restoring Mississippi Oyster Industry - This Project supports the long-term goals of the Governor's Oyster Restoration and Resiliency Council.
  3. Develop, monitor and report online registrations at the Mississippi Coastal Clean online registration at Survey Monkey. 

MISSISSIPPI MARKETMAKER OUTREACH PROGRAM 

  1. Promote your food business by creating a business profile and updating it regularly as additional information about your business becomes available. MSU-Extension Service provides MarketMaker to your business at no cost.
  2. The MarketMaker training workshop is available upon request by a group of 6-12 food producers, extension agents, state regulatory agency personnel, and school teachers. Each workshop will best fit the needs of the participants. Email Dr. Ben Posadas for details at ben.posadas@msstate.edu.  

HORTICULTURE AND MARINE ECONOMICS PROGRAM ONLINE VALUATION SURVEY

  1. Please help evaluate my research and extension program in horticulture and marine economics at Mississippi State University. To go to the online survey, please click this LINK