The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review
The aquaculture industry has been in rapid development in the last decades. Norwegian Atlantic salmon farming has proven to be an efficient and fast growing industry. Being able to develop and utilize open net-pens on the Norwegian coastline has been a key factor for the industry. However, the open...
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UiT Norges arktiske universitet
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ftunivtroemsoe:oai:munin.uit.no:10037/9896 2023-05-15T15:32:57+02:00 The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review Pedersen, Christ Ulrik Alterskjær 2016-06-22 https://hdl.handle.net/10037/9896 eng eng UiT Norges arktiske universitet UiT The Arctic University of Norway https://hdl.handle.net/10037/9896 openAccess Copyright 2016 The Author(s) VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 VDP::Social science: 200::Economics: 210::Economics: 212 SOK-3901 Master thesis Mastergradsoppgave 2016 ftunivtroemsoe 2021-06-25T17:54:54Z The aquaculture industry has been in rapid development in the last decades. Norwegian Atlantic salmon farming has proven to be an efficient and fast growing industry. Being able to develop and utilize open net-pens on the Norwegian coastline has been a key factor for the industry. However, the open net-pen technology are facing problems with external environmental effects. These environmental problems has caused the government to impose strict regulations on the industry, which limits growth. In an attempt to achieve sustainable growth new, green development permits have been introduced. Some of these development permits are intend to give incentives to the development of closed cage production technology. The analysis will determine how much more closed-cage production can cost in private economic costs to have the same profitability as the open net-pen production, measured in NOK per kg salmon produced per year. In addition, the thesis estimates the total value of the wild salmon stock, which is one of the greatest values current regulation intends to preserve. Findings suggest that the private economic potential for closed cage salmon farming is 8.33 to 9.11 NOK per produced kilo, caused by a reduced need for sea lice treatments and a potential price premium due to an environmental friendly production. However, the real profitability of closed-cage technology can only be revealed after big scale testing is completed. The total value of the wild salmon stock was estimated to be 2.86 billion. The total value incorporates use-value and non-use value such as the value of recreational fisheries and existence value of the wild salmon. The results implicates that there is a large economic disparity between the wild salmon stock and the value generated by the salmon farming industry Master Thesis Atlantic salmon University of Tromsø: Munin Open Research Archive |
institution |
Open Polar |
collection |
University of Tromsø: Munin Open Research Archive |
op_collection_id |
ftunivtroemsoe |
language |
English |
topic |
VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 VDP::Social science: 200::Economics: 210::Economics: 212 SOK-3901 |
spellingShingle |
VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 VDP::Social science: 200::Economics: 210::Economics: 212 SOK-3901 Pedersen, Christ Ulrik Alterskjær The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review |
topic_facet |
VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212 VDP::Social science: 200::Economics: 210::Economics: 212 SOK-3901 |
description |
The aquaculture industry has been in rapid development in the last decades. Norwegian Atlantic salmon farming has proven to be an efficient and fast growing industry. Being able to develop and utilize open net-pens on the Norwegian coastline has been a key factor for the industry. However, the open net-pen technology are facing problems with external environmental effects. These environmental problems has caused the government to impose strict regulations on the industry, which limits growth. In an attempt to achieve sustainable growth new, green development permits have been introduced. Some of these development permits are intend to give incentives to the development of closed cage production technology. The analysis will determine how much more closed-cage production can cost in private economic costs to have the same profitability as the open net-pen production, measured in NOK per kg salmon produced per year. In addition, the thesis estimates the total value of the wild salmon stock, which is one of the greatest values current regulation intends to preserve. Findings suggest that the private economic potential for closed cage salmon farming is 8.33 to 9.11 NOK per produced kilo, caused by a reduced need for sea lice treatments and a potential price premium due to an environmental friendly production. However, the real profitability of closed-cage technology can only be revealed after big scale testing is completed. The total value of the wild salmon stock was estimated to be 2.86 billion. The total value incorporates use-value and non-use value such as the value of recreational fisheries and existence value of the wild salmon. The results implicates that there is a large economic disparity between the wild salmon stock and the value generated by the salmon farming industry |
format |
Master Thesis |
author |
Pedersen, Christ Ulrik Alterskjær |
author_facet |
Pedersen, Christ Ulrik Alterskjær |
author_sort |
Pedersen, Christ Ulrik Alterskjær |
title |
The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review |
title_short |
The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review |
title_full |
The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review |
title_fullStr |
The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review |
title_full_unstemmed |
The economic potential for closed cage fish farming and the total economic value of the wild salmon stock. A literature review |
title_sort |
economic potential for closed cage fish farming and the total economic value of the wild salmon stock. a literature review |
publisher |
UiT Norges arktiske universitet |
publishDate |
2016 |
url |
https://hdl.handle.net/10037/9896 |
genre |
Atlantic salmon |
genre_facet |
Atlantic salmon |
op_relation |
https://hdl.handle.net/10037/9896 |
op_rights |
openAccess Copyright 2016 The Author(s) |
_version_ |
1766363431846281216 |