Profitability comparison of the partitioned aquaculture system with traditional catfish farms |
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| Authors: | Timothy Goode Michael Hammig David Brune |
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| Institution: | 1. Department of Agricultural and Applied Economics , Clemson University , Clemson, SC, 29634, USA Phone: 864–656–7143 Fax: 864–656–7143 E-mail: tgoode@clemson.edu.;2. Department of Agricultural and Applied Economics , Clemson University , USA;3. Department of Agricultural and Biological Engineering , Clemson University , USA |
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| Abstract: | Abstract The Partitioned Aquaculture System (PAS) provides a promising intensive aquaculture technology that is efficient and profitable, while simultaneously solving a variety of culture problems. This creates a sustainable aquaculture technology, which is environmentally safe and economically feasible. The PAS eliminates water discharge and reduces land usage and ground water requirements. The PAS system production process was modeled for catfish production using a growth model developed from observed data. The results of the PAS economic analysis were compared with two traditional catfish production scenarios. Comparisons were made between estimated investment requirements, operating costs and internal rates of return and breakeven points for alternate production systems and land ownership status. The results look promising, but research is ongoing on how best to manage the filter feeder component of the PAS. |
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| Keywords: | Partitioned aquaculture system sustainable aquaculture intensive aquaculture economic analysis capital intensive technology |
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