Future Growth of the U.S. Marine Aquaculture Industry and Associated Environmental Quality Issues: A Comprehensive AssessmentEPA Grant Number: R829804
Title: Future Growth of the U.S. Marine Aquaculture Industry and Associated Environmental Quality Issues: A Comprehensive Assessment
Investigators: Jin, Di , Hoagland, Porter , Powell, Hauke Kite
Institution: Woods Hole Oceanographic Institution
EPA Project Officer: Michaud, Jayne
Project Period: October 1, 2002 through September 30, 2005
Project Amount: $282,191
RFA: Futures: Research in Socio-Economics (2001) RFA Text
Research Category: Economics and Decision Sciences
The proposed project will develop a framework for projecting future long-term growth of the U.S. marine aquaculture industry and associated environmental quality. Our framework will capture key components in the economic-environmental-regulatory system, including economic growth and demand for seafood, supply of seafood from fisheries, imports and aquaculture, future technological and policy impacts on the aquaculture industry, and marine environmental quality variables.
We will carefully review and select appropriate case studies to cover representative locations and species. We will conduct a through literature review for each of the key components in the framework. Relevant functional forms, elasticities and other parameters, and baseline data and growth rate projections will be assembled. We will carefully assess key stochastic variables and establish contacts with experts in the field to improve our parameter selection and estimation. We will construct a synthetic model for the quantitative projections of industry growth and environmental pollution levels and for policy assessments.
We will summarize our findings on the future long-term growth of aquaculture industry in the United States, associated environmental quality issues, and management options. We will make recommendations on specific steps toward improving water quality management related to aquaculture operations.
Good understanding of future environmental quality issues associated with the aquaculture industry growth will lead to improvements in decisionmaking and in the design of future marine environmental policy. A carefully designed and user-friendly synthetic model will enable policy makers to update environmental quality projections over time, providing important information to improve environmental policy and pollution control.