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17 October 2014 Looking to Grow Outside the United States
Jingjie Chu, Lacey Tudur
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Abstract

Perceptions and expectations are integral factors affecting decision making. However, aquaculture stakeholders' perceptions and social attitudes have been largely neglected in aquaculture management and planning. We examine the relationship between US aquaculturists' intended actions to expand production capacity abroad and factors influencing their decisions, including: perceptions of market conditions, regulatory climate, property rights, government leadership, comparative advantages, and demographic characteristics. Primary data were collected via an original survey. The results indicate that large-scale, non-shellfish marine aquaculturists without an advanced graduate degree are more likely to expand abroad. These aquaculturists tend to have high expectations about seafood demand and think that US permit and environmental regulations are strict; aquaculture leases should be transferable; and the United States has comparative advantages in skilled labor availability and access to domestic markets. If retaining aquaculture entrepreneurs and investors domestically is the policy target, recommendations are given.

JEL Codes: Q22, Q28, Q18.

© 2014 MRE Foundation, Inc. All rights reserved.
Jingjie Chu and Lacey Tudur "Looking to Grow Outside the United States," Marine Resource Economics 29(4), 323-337, (17 October 2014). https://doi.org/10.1086/678926
Received: 14 October 2013; Accepted: 1 July 2014; Published: 17 October 2014
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15 PAGES

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KEYWORDS
Decision
factors
probit model
production expansion
US aquaculture producers
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