Economic viability and animal health regulation effects on a large scale trout hatchery

J. R. Bacon; C. M. Gempesaw; W. W. Lussier; J. W. Dunn

doi:10.1016/0044-8486(96)01279-3

Economic viability and animal health regulation effects on a large scale trout hatchery

J. R. Bacon, C. M. Gempesaw, W. W. Lussier, J. W. Dunn

Agricultural Economics, Sociology and Education

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

An economic-engineering approach is used to evaluate the economic viability and health regulatory effects on a trout egg production hatchery located in the northeastern region of file United States. The hatchery has an output sufficient to supply the production requirements for the eastern US trout fishery. Analysis was made using AQUASIM, a dynamic, stochastic, capital budgeting simulation model for aquaculture production. The results show that the trout hatchery would be affected by a modest price competition from hatcheries located in the western region. The results also show that it is better to shut down and correct a serious disease problem than try to continue to operate and experience loss of production due to a violation of a regulatory policy.

Original language	English (US)
Pages (from-to)	245-255
Number of pages	11
Journal	Aquaculture
Volume	143
Issue number	3-4
DOIs	https://doi.org/10.1016/0044-8486(96)01279-3
State	Published - Aug 20 1996

All Science Journal Classification (ASJC) codes

Aquatic Science

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10.1016/0044-8486(96)01279-3

Cite this

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title = "Economic viability and animal health regulation effects on a large scale trout hatchery",

abstract = "An economic-engineering approach is used to evaluate the economic viability and health regulatory effects on a trout egg production hatchery located in the northeastern region of file United States. The hatchery has an output sufficient to supply the production requirements for the eastern US trout fishery. Analysis was made using AQUASIM, a dynamic, stochastic, capital budgeting simulation model for aquaculture production. The results show that the trout hatchery would be affected by a modest price competition from hatcheries located in the western region. The results also show that it is better to shut down and correct a serious disease problem than try to continue to operate and experience loss of production due to a violation of a regulatory policy.",

author = "Bacon, {J. R.} and Gempesaw, {C. M.} and Lussier, {W. W.} and Dunn, {J. W.}",

note = "Funding Information: {\textquoteright} Partial funding for this research was provided by the Northeast Regional Aquaculture Center through grant No. 92385007142 from the USDA Cooperative State Research Service. The authors gratefully acknowledge the helpful comments of the reviewers. Published as Paper no. 1576 in the Journal Series of the Delaware Agricultural Experiment Station.",

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T1 - Economic viability and animal health regulation effects on a large scale trout hatchery

AU - Bacon, J. R.

AU - Gempesaw, C. M.

AU - Lussier, W. W.

AU - Dunn, J. W.

N1 - Funding Information: ’ Partial funding for this research was provided by the Northeast Regional Aquaculture Center through grant No. 92385007142 from the USDA Cooperative State Research Service. The authors gratefully acknowledge the helpful comments of the reviewers. Published as Paper no. 1576 in the Journal Series of the Delaware Agricultural Experiment Station.

PY - 1996/8/20

Y1 - 1996/8/20

N2 - An economic-engineering approach is used to evaluate the economic viability and health regulatory effects on a trout egg production hatchery located in the northeastern region of file United States. The hatchery has an output sufficient to supply the production requirements for the eastern US trout fishery. Analysis was made using AQUASIM, a dynamic, stochastic, capital budgeting simulation model for aquaculture production. The results show that the trout hatchery would be affected by a modest price competition from hatcheries located in the western region. The results also show that it is better to shut down and correct a serious disease problem than try to continue to operate and experience loss of production due to a violation of a regulatory policy.

AB - An economic-engineering approach is used to evaluate the economic viability and health regulatory effects on a trout egg production hatchery located in the northeastern region of file United States. The hatchery has an output sufficient to supply the production requirements for the eastern US trout fishery. Analysis was made using AQUASIM, a dynamic, stochastic, capital budgeting simulation model for aquaculture production. The results show that the trout hatchery would be affected by a modest price competition from hatcheries located in the western region. The results also show that it is better to shut down and correct a serious disease problem than try to continue to operate and experience loss of production due to a violation of a regulatory policy.

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Economic viability and animal health regulation effects on a large scale trout hatchery

Abstract

All Science Journal Classification (ASJC) codes

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