Abstract

Regional economic assessments (REAs), including economic contribution and impact analyses, are often used in resource-based industries to inform policymakers, elected officials, and the general public of an industry’s role within the regional economy. However, REAs have been difficult to conduct for the aquaculture industry due to issues with data availability and quality. This paper will provide an overview of economic contribution analysis, the challenges associated with applying these analyses to U.S. aquaculture production, and techniques to overcome these challenges. The Florida shellfish aquaculture industry is used as an example to highlight some of the data issues and how using different methods within a REA can lead to inaccurate representations of an industry’s economic contribution.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.