2009
DOI: 10.1016/j.jeem.2008.10.003
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Economic inefficiency and environmental impact: An application to aquaculture production

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Cited by 103 publications
(40 citation statements)
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“…The conditional ownprice elasticities (E i ) all have the expected negative sign, with feed input having the lowest elasticity. They are within the range of estimates from previous econometric studies of Norwegian salmon farming [6], [12], [13], [14]. However, this technical progress varies considerably over time, as shown in Figure 3, where we have plotted the development in the annual average rate of technical change (the negative of TC) together with the development in real production costs including feed, labor and capital.…”
Section: Estimation Of Productivity Growthsupporting
confidence: 68%
“…The conditional ownprice elasticities (E i ) all have the expected negative sign, with feed input having the lowest elasticity. They are within the range of estimates from previous econometric studies of Norwegian salmon farming [6], [12], [13], [14]. However, this technical progress varies considerably over time, as shown in Figure 3, where we have plotted the development in the annual average rate of technical change (the negative of TC) together with the development in real production costs including feed, labor and capital.…”
Section: Estimation Of Productivity Growthsupporting
confidence: 68%
“…If producers affect the environmental condition negatively by using too much feed, chemical and antibiotics, it can have negative feedback effects such as decreased productivity and increased risk of disease (Asche et al, 1999(Asche et al, , 2009Tveterås et al, 2002). The average optimum feed, fertilizer and medicine of the small ponds are higher than their counterparts and the overall average level (Table 6).…”
Section: Discussionmentioning
confidence: 99%
“…Externalities may be both negative (e.g., environmental emissions, diseases, and parasites) and positive (e.g., agglomeration economies), but are in both cases effects from aquaculture production activities that are not fully internalized in the economic decision-making of aquaculture companies (Asche, 2009b;. The challenge for the government has been that the uncertain knowledge about externalities means that the estimation of costs and benefits associated with externalities is difficult and provides poor guidelines for the design of appropriate regulations that will maximize social welfare.…”
Section: Designing Good Governance For Wicked Problemsmentioning
confidence: 99%
“…Aquaculture sectors also rely heavily on the aquatic environment, and their production activities may have significant effects on the aquatic environment and other user interests or stakeholders; (Asche, Guttormsen, & Tveteras, 1999;Asche et al, 2009b;Tacon & Metian, 2008;Abate, Nielsen, & Tveteras, 2016). Hence, aquaculture is a natural candidate for government policy interventions and regulations.…”
Section: Introductionmentioning
confidence: 99%