OPTIMAL MANAGEMENT OF GIANT-CLAM FARMING IN SOLOMON ISLANDS

Giant-clam farming is undertaken by coastal villagers in Solomon Islands as part of a research and development project of the International Center for Living Aquatic Resources Management (ICLARM). The production technology is simple and does not require a large capital investment. The main inputs are clam seed, labour and time. Labour is used for activities such as seeding, cleaning, thinning and harvesting. In this paper, a bioeconomic model is used to explore optimal farm management. The theoretical basis for this analysis is found in the economic theory of optimal forestry exploitation. The management variables considered are husbandry applied to cleaning and the frequency with which thinning is undertaken. The optimal cycle-length is determined for both a single clam harvest and multiple harvests. The labour requirements of various management scenarios are identified for the multiple-cycle case.