MODELING THE IMPACT OF GOVERNMENT REGULATIONS ON THE PERFORMANCE OF RESERVOIR AQUACULTURE IN VIETNAM 1

This study was motivated by the need to estimate the quantitative impacts of current regulatory constraints on the economic performance of reservoir aquaculture in Vietnam. Using survey data and a specially adapted bioeconomic model, we show that performance of reservoir aquaculture varies widely. T...

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Bibliographic Details
Published in:Aquaculture economics & management 2010-05, Vol.14 (2), p.120-144
Main Authors: Toan, Truong Duc, Schilizzi, Steven G. M.
Format: Article
Language:English
Subjects:
bioeconomic modeling
regulations
reservoir aquaculture
resource use policy
Vietnam
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Summary:This study was motivated by the need to estimate the quantitative impacts of current regulatory constraints on the economic performance of reservoir aquaculture in Vietnam. Using survey data and a specially adapted bioeconomic model, we show that performance of reservoir aquaculture varies widely. The three performance criteria were fish yields, net production revenue and income generated for the local population. Results suggest that current policies regarding extension effort on fingerling survival rates and on feeding strategies, as well as regulations involving taxation of cooperatives and authorities collecting leasing fees, do constrain the economic potential of reservoir aquaculture. The forgone production revenues limit the potential for aquaculture to alleviate local poverty. This study is a first step in identifying those government regulations that have a critical role in the development of reservoir aquaculture in Vietnam.
ISSN:1365-7305
1551-8663
DOI:10.1080/13657301003776672