2022
DOI: 10.1111/jwas.12917
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Cost of regulations on US catfish farms

Abstract: Understanding the economic effects of regulations on US aquaculture farms provides insights into which compliance costs create the greatest compliance burden on farms. This can further guide strategies to improve the efficiency of regulatory frameworks and potentially reduce on-farm com-

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Cited by 18 publications
(14 citation statements)
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“…The catfish industry is responsible for more than 90% of all freshwater finfish produced in the US. Hegde et al (2022) using an INPLAN model found that the catfish industry's direct output from the catfish industry (USD 1.10 billion) generated a total economic contribution of USD 1.91 billion. The industry directly employed 4298 people and created an additional 4868 jobs in Alabama, Arkansas, and Mississippi for a total employment effect of 9166 jobs.…”
Section: Resultsmentioning
confidence: 99%
“…The catfish industry is responsible for more than 90% of all freshwater finfish produced in the US. Hegde et al (2022) using an INPLAN model found that the catfish industry's direct output from the catfish industry (USD 1.10 billion) generated a total economic contribution of USD 1.91 billion. The industry directly employed 4298 people and created an additional 4868 jobs in Alabama, Arkansas, and Mississippi for a total employment effect of 9166 jobs.…”
Section: Resultsmentioning
confidence: 99%
“…The effects of the total regulatory framework have been examined based on detailed farm records collected from national surveys for US aquaculture sectors that have included baitfish/sportfish (van Senten & Engle, 2017), salmonids (Engle et al, 2019), Pacific Coast shellfish (van Senten, Engle, Hudson, & Conte, 2020), Florida tropical fish (Boldt et al, 2022), and catfish (Hegde et al, 2022). These various studies have shown high on‐farm compliance costs and severe constraints to growth to meet increasing demand for aquaculture products.…”
Section: Resultsmentioning
confidence: 99%
“…There is growing evidence of "over-" regulation that has constrained the growth and development of offshore aquaculture in Scotland [152], limited innovation in seafood production [14], and potentially created comparative disadvantages for aquaculture producers if competitors in another country have a less-stringent regulatory framework [153]. Compliance costs in the U.S. were found to account for 29% of total costs on Pacific Coast shellfish farms, 25% on baitfish/sportfish farms, 12% on salmonid farms, and 8% on catfish farms [145,[154][155][156]. In addition to direct regulatory compliance costs, sales were lost when regulatory requirements either forced farms to reduce production capacity, prevented farms from access to markets, or prevented farms from expanding to meet new market demand.…”
Section: Governance Dimension Of Aquaculture Sustainability and Commu...mentioning
confidence: 99%
“…In addition to direct regulatory compliance costs, sales were lost when regulatory requirements either forced farms to reduce production capacity, prevented farms from access to markets, or prevented farms from expanding to meet new market demand. Lost sales were estimated to be $6.9 million for U.S. baitfish/sportfish farms [154], $23 million on Florida tropical farms [157], $35 million on catfish farms [156], $52.5 million for salmonid farms [155], and $280 million for Pacific Coast shellfish farms [145].…”
Section: Governance Dimension Of Aquaculture Sustainability and Commu...mentioning
confidence: 99%