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Up-to-date Information
Up-to-Date Info: To find the latest NOAA information on this topic go to: http://dx.doi.org/10.13140/RG.2.2.16074.52164
An Approach to determining economic impacts of U.S. aquaculture
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2019
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Alternative Title:An Approach to Determining Economic Impacts of US Aquaculture
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Description:Fisheries Economics of the United States is produced annually by the National Marine Fisheries Service and provides national and state level estimates of the total economic impacts of U.S. seafood landings and imported seafood on the U.S. economy. However, it does not contain an estimate of the impact of U.S. aquaculturally produced seafood. As a demonstration of the potential for incorporating this information into Fisheries Economics of the United States, we took estimates of production and value for four aquaculture species: crawfish, salmon, oysters and clams. Using published production cost data and the same input/output model used for Fisheries Economics of the United States, we produced estimates of economic impacts. We make recommendations for improving the annual production and value estimates that are used for the input/output model, and for developing standardized industry surveys on production costs so that reliable impact estimates can be developed on an annual basis and included as part of Fisheries Economics of the United States.
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Rights Information:Public Domain
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Compliance:Submitted
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