Open AccessAnalyzing Production Feasibility and Market Potential For Florida Aquaculture Catfish Products
Author(s) -
Clancy Colleen M.,
Spreen Thomas H.,
Zimet David J.,
Olowolayemo Surajudeen O.
Publication year - 1994
Publication title -
journal of the world aquaculture society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.655
H-Index - 60
eISSN - 1749-7345
pISSN - 0893-8849
DOI - 10.1111/j.1749-7345.1994.tb00188.x
Subject(s) - catfish , aquaculture , production (economics) , fishery , biology , product (mathematics) , natural resource economics , business , fish <actinopterygii> , economics , microeconomics , mathematics , geometry
A spatiotemporal linear programming model (GAMS) was constructed to simulate the catfish production and marketing system in the U.S. in order to study the economic feasibility of Florida entering the aquaculture catfish industry. Evaluation of base model results and sensitivity analysis were used to identify constraints to the potential expansion of the catfish industry in Florida. Results indicated production and processing costs were more important in determining the locus of production and processing than were processing capacity, storage costs and capacity, and transportation costs. Thus, existing industry geographic concentration is likely to continue, but small new processing plants could develop proximate markets for fresh product.