Economic characteristics of extensive shrimp farms in the Mekong delta

Brennan, Donna C.; Clayton, Helena; Be, Tran Thanh

doi:10.1080/13657300009380265

Cited by 25 publications

(20 citation statements)

References 16 publications

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“…Such a finding is generally consistent with economic analyses of aquaculture in that greater yields spread fixed costs over greater amounts of production (Engle ). In an earlier study of the profitability of extensive shrimp farming in Vietnam, profitability increased as yields increased with use of higher‐quality inputs (Brennan et al ). In a recent study of intensification of catfish production through investment in split‐pond systems, Kumar et al () showed improved profitability as per‐unit costs of production were reduced.…”

Section: Discussionmentioning

confidence: 99%

Economics of Sustainable Intensification of Aquaculture: Evidence from Shrimp Farms in Vietnam and Thailand

Engle¹,

McNevin

Racine

et al. 2017

J World Aquaculture Soc

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There is growing interest in sustainable intensification of aquaculture production. Yet little economic analysis has been done on farm-level effects of the economic sustainability of production intensification. Data from 83 shrimp farms (43 in Vietnam and 40 in Thailand) were used to identify (through principal component and cluster analyses) 13 clusters of management practices that reflected various scales of production intensity that ranged from 0-1999 kg/ha/crop to 10,000 kg/ha/crop and above, for both Penaeus monodon and Litopenaeus vannamei in Vietnam and Thailand. The clusters identified reflected sets of management practices that resulted in differing yields despite similarities in stocking densities among some clusters. The enterprise budget analysis developed showed that the more intensively managed clusters outperformed the less intensively managed clusters in economic terms. More intensively managed farm clusters had lower costs per metric ton of shrimp produced and were more profitable. The greater yields of shrimp produced per hectare of land and water resources in more intensively managed shrimp farms spread annual fixed costs across a greater volume of shrimp produced and reduced the cost per metric ton of shrimp. Costs per metric ton of shrimp produced decreased from the lowest to the highest intensity level (from US$10,245 at lowest intensity to US$3484 at highest for P. monodon and from US$24,301 to US$5387 for L. vannamei in Vietnam and from US$8184 at the lowest intensity level to US$3817 at the highest intensity level per metric ton for L. vannamei in Thailand). Costs of pond amendments used in shrimp production were particularly high in Vietnam and largely unwarranted, whereas fixed costs associated with the value of land, production facilities, equipment, and labor were sufficiently high in Thailand so that net returns were negative in the long run. Nevertheless, economic losses in Thailand were less at greater levels of intensification. The study demonstrated a clear value proposition for shrimp farmers to use natural resources (such as land) and other inputs in an efficient manner and supports findings from corresponding research on farm-level natural resource use efficiency. Additional research that incorporates economic analysis into on-farm studies of sustainable intensification of aquaculture is needed to provide ongoing guidance related to sustainable management practices for aquaculture.

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Section: Discussionmentioning

confidence: 99%

Economics of Sustainable Intensification of Aquaculture: Evidence from Shrimp Farms in Vietnam and Thailand

Engle¹,

McNevin

Racine

et al. 2017

J World Aquaculture Soc

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“…Other studies have focused on integrated agriculture and aquaculture models (Brennan et al, 2000;Bosma et al, 2006;Hoanh, 2006;Phong et al, 2006;Can et al, 2007;Nhan et al, 2007;Joffre and Bosma, 2009), differences in shrimp farming systems across countries (Hall, 2004) or economic analysis of the value chain and market (Macfadyen et al, 2005;Nguyen et al, 2005;Sinh and Khuyen, 2006;Hobbes et al, 2007;Sinh and Chanh, 2009). Surprisingly, there are few studies of livelihood strategies and decisionmaking among shrimp farmers (Hue and Scott, 2008;Joffre et al, 2010).…”

Section: Introductionmentioning

confidence: 99%

Livelihood Capabilities and Pathways of Shrimp Farmers in the Mekong Delta, Vietnam

Dijk

Bosma

et al. 2013

Aquaculture Economics & Management

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& Shrimp farming is a major livelihood activity in the Mekong Delta in the southernmost part of Vietnam. The Vietnamese government has promoted shrimp farming as a way to reduce poverty, provide employment opportunities and increase exports to support economic development. The shrimp farming system, however, is economically and ecologically risky and may negatively influence the environment and the sustainability of local people's livelihoods. Because very little is known about the diversity of strategies people employ to deal with these risks, a study was performed in the Mekong Delta across four shrimp farming systems: (1) improved extensive non-forest, (2) mixed mangrove-shrimp, (3) intensive and (4) clustered intensive. The risks and livelihood strategies that were encountered differed systematically across the four farming systems. It was found that the uncertainties that the shrimp farmers faced include limited access rights to the mangrove forest, crop failure due to regular occurrence of shrimp disease, high investment costs and volatile markets for shrimp. Shrimp farmers have created several strategies for coping with these uncertainties, including redesigning farms, producing salt, changing the species farmed from Penaeus monodon to Penaeus vannamei, becoming involved in a cooperative cluster, integrating aquaculture and agriculture, and farming shrimp by organic standards.

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“…Canal water pH ! 7 is suitable for the healthy growth of shrimp (Brennan et al, 2000), so the sluice operation for the intake of saline water in scenarios O1 to O4 and OE is more appropriate for shrimp culture. Table 1a.…”

Section: The Baseline Scenario Obmentioning

confidence: 99%

Effective management for acidic pollution in the canal network of the Mekong Delta of Vietnam: A modeling approach

Phong

Hoanh²,

Tuong

et al. 2014

Journal of Environmental Management

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Economic characteristics of extensive shrimp farms in the Mekong delta

Cited by 25 publications

References 16 publications

Economics of Sustainable Intensification of Aquaculture: Evidence from Shrimp Farms in Vietnam and Thailand

Economics of Sustainable Intensification of Aquaculture: Evidence from Shrimp Farms in Vietnam and Thailand

Livelihood Capabilities and Pathways of Shrimp Farmers in the Mekong Delta, Vietnam

Effective management for acidic pollution in the canal network of the Mekong Delta of Vietnam: A modeling approach

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