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A COMPARATIVE STUDY OF PRODUCTION FACTORS AND PRODUCTIVITY FOR SHRIMP FARMS IN THREE ASIAN COUNTRIES: BANGLADESH, INDIA, AND INDONESIA

A COMPARATIVE STUDY OF PRODUCTION FACTORS AND PRODUCTIVITY FOR SHRIMP FARMS IN THREE ASIAN... The purpose of this paper is to provide a comparative index characterization of shrimp production in Bangladesh, India and Indonesia. We approach the problem using a profit decomposition procedure to identify the separate effects of prices, pond size and productivity on the profits of individual farms. This profit decomposition approach relies on application of the Törnqvist index in measurement. Data are made available by the WorldFish Centre, Malaysia. The data represent production, pond area, unit price of output and inputs and corresponding quantities. The results show that pond size is important not only because we observe a strong positive relationship with profits but that the results are suggestive of important scale effects in production. These results indicate that small farms in all three countries are disadvantaged not because they are unproductive or lack the skills to manage but rather that many farms are too small to achieve economic potential. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Aquaculture Economics & Management Taylor & Francis

A COMPARATIVE STUDY OF PRODUCTION FACTORS AND PRODUCTIVITY FOR SHRIMP FARMS IN THREE ASIAN COUNTRIES: BANGLADESH, INDIA, AND INDONESIA

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A COMPARATIVE STUDY OF PRODUCTION FACTORS AND PRODUCTIVITY FOR SHRIMP FARMS IN THREE ASIAN COUNTRIES: BANGLADESH, INDIA, AND INDONESIA

Abstract

The purpose of this paper is to provide a comparative index characterization of shrimp production in Bangladesh, India and Indonesia. We approach the problem using a profit decomposition procedure to identify the separate effects of prices, pond size and productivity on the profits of individual farms. This profit decomposition approach relies on application of the Törnqvist index in measurement. Data are made available by the WorldFish Centre, Malaysia. The data represent production,...
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Publisher
Taylor & Francis
Copyright
Copyright IAAEM
ISSN
1551-8663
eISSN
1365-7305
DOI
10.1080/13657300902885519
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to provide a comparative index characterization of shrimp production in Bangladesh, India and Indonesia. We approach the problem using a profit decomposition procedure to identify the separate effects of prices, pond size and productivity on the profits of individual farms. This profit decomposition approach relies on application of the Törnqvist index in measurement. Data are made available by the WorldFish Centre, Malaysia. The data represent production, pond area, unit price of output and inputs and corresponding quantities. The results show that pond size is important not only because we observe a strong positive relationship with profits but that the results are suggestive of important scale effects in production. These results indicate that small farms in all three countries are disadvantaged not because they are unproductive or lack the skills to manage but rather that many farms are too small to achieve economic potential.

Journal

Aquaculture Economics & Management – Taylor & Francis

Published: May 20, 2009

Keywords: Asian shrimp farms; comparative profit decomposition; Törnqvist index

References

  • Compliance of Bangladesh shrimp culture with FAO code of conduct for responsible fisheries: a development challenge
  • Farming the Sea
  • The economics of shrimp farming in selected Asian countries
  • Profit and price effects of multi-species individual transferable quotas
  • Property rights in a fishery: regulatory change and firm performance
  • An intra-farm study of production factors and productivity for shrimp farms in Bangladesh: An index approach
  • The Bank of Finland's consumption price index