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Simulation Modeling to Set Priorities for Research on Oyster Production
Author(s) -
Bosch Darrell J.,
Shabman Leonard A.
Publication year - 1990
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1242340
Subject(s) - oyster , profitability index , productivity , production (economics) , fishery , sowing , business , biology , economics , agronomy , economic growth , finance , macroeconomics
Private oyster production in Virginia has declined significantly because of factors including losses from MSX ( Haplosporidium nelsoni ). Increased state and federal funding is being proposed to support research to stimulate oyster productivity. A model of oyster production under uncertainty, including growth, disease, and economic components, is used to aid in setting research priorities. The model shows effects of different types of research information on returns to a representative oyster planting enterprise. Seed harvest technology and accurate knowledge of the salinity threshold at which MSX mortalities occur are found to have greatest promise for increasing profitability of oyster production.