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Like agriculture, decisions regarding aquacultural production are complex. In addition to controlling harvest, feeding schedules, and culling rates, one must consider a number of practical considerations that may supersede other factors in economic importance. Among these pragmatic...
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Researchers have long recognized that entrepreneurial or managerial skill is a major determinant of productivity or reason why production among firms varies. Yet, except for a few studies, differences in productivity and output levels are usually attributed to plant configuration or scale. More...
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Mangroves are considered ecologicallyimportant due to their role as breedinggrounds and nursery habitats for off-shorefisheries. However, mangrove deforestationthrough conversion to shrimp aquaculturethreatens this valuable function. This paperdevelops a ‘dynamic’ production functionapproach...
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