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The influence of changes in the market environment on economic production characteristics of pangasius farming in the Mekong Delta (Vietnam)

Van Binh Tu, Marijke D'Haese (UGent) , Stijn Speelman (UGent) and Luc D'Haese (UGent)
(2010) MARINE RESOURCE ECONOMICS. 25(4). p.373-390
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Abstract
The Mekong Delta in Vietnam has become an important production area for pangasius. The importance of the sector in providing an income to many households means that it is relevant to study its economic production characteristics. In this article we use a stochastic cost frontier model to assess the adaptability of the sector. We are particularly interested in the effect of the changing market environment and the exponential growth of the sector on the evolution of production characteristics. We compare data from 2002 with 2006 data. The results show that pangasius farming became more efficient by 2006, with higher returns to scale. We discuss the possible policy implications of our findings.
Keywords
Mekong Delta, stochastic cost frontier model, efficiency, Pangasius, market analysis, CATFISH, DEMAND, EQUALITY, SUBSTITUTION, HYPOPHTHALMUS, AQUACULTURE, AGRICULTURE, BOCOURTI, IMPACT, ENERGY

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Citation

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Chicago
Tu, Van Binh, Marijke D’Haese, Stijn Speelman, and Luc D’Haese. 2010. “The Influence of Changes in the Market Environment on Economic Production Characteristics of Pangasius Farming in the Mekong Delta (Vietnam).” Marine Resource Economics 25 (4): 373–390.
APA
Tu, V. B., D’Haese, M., Speelman, S., & D’Haese, L. (2010). The influence of changes in the market environment on economic production characteristics of pangasius farming in the Mekong Delta (Vietnam). MARINE RESOURCE ECONOMICS, 25(4), 373–390.
Vancouver
1.
Tu VB, D’Haese M, Speelman S, D’Haese L. The influence of changes in the market environment on economic production characteristics of pangasius farming in the Mekong Delta (Vietnam). MARINE RESOURCE ECONOMICS. 2010;25(4):373–90.
MLA
Tu, Van Binh, Marijke D’Haese, Stijn Speelman, et al. “The Influence of Changes in the Market Environment on Economic Production Characteristics of Pangasius Farming in the Mekong Delta (Vietnam).” MARINE RESOURCE ECONOMICS 25.4 (2010): 373–390. Print.
@article{1081464,
  abstract     = {The Mekong Delta in Vietnam has become an important production area for pangasius. The importance of the sector in providing an income to many households means that it is relevant to study its economic production characteristics. In this article we use a stochastic cost frontier model to assess the adaptability of the sector. We are particularly interested in the effect of the changing market environment and the exponential growth of the sector on the evolution of production characteristics. We compare data from 2002 with 2006 data. The results show that pangasius farming became more efficient by 2006, with higher returns to scale. We discuss the possible policy implications of our findings.},
  author       = {Tu, Van Binh and D'Haese, Marijke and Speelman, Stijn and D'Haese, Luc},
  issn         = {0738-1360},
  journal      = {MARINE RESOURCE ECONOMICS},
  keyword      = {Mekong Delta,stochastic cost frontier model,efficiency,Pangasius,market analysis,CATFISH,DEMAND,EQUALITY,SUBSTITUTION,HYPOPHTHALMUS,AQUACULTURE,AGRICULTURE,BOCOURTI,IMPACT,ENERGY},
  language     = {eng},
  number       = {4},
  pages        = {373--390},
  title        = {The influence of changes in the market environment on economic production characteristics of pangasius farming in the Mekong Delta (Vietnam)},
  volume       = {25},
  year         = {2010},
}

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