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Willingness to adopt improved shrimp aquaculture practices in Vietnam

Permanent lenke
https://hdl.handle.net/10037/24493
DOI
https://doi.org/10.1080/13657305.2021.1880492
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article.pdf (389.5Kb)
Akseptert manusversjon (PDF)
Dato
2021-02-05
Type
Journal article
Tidsskriftartikkel
Peer reviewed

Forfatter
Ngoc, Quach Thi Khanh; Bui, Bich Xuân; Sandorf, Erlend Dancke; Phong, Truong Ngoc; Trung, Luong Cong; Hien, Tang Thi
Sammendrag
The shrimp industry plays a leading role in aquaculture development in Vietnam. Currently, the government is running a credit subsidy program to support farmers investing in improved production methods. This paper aimed to investigate white-legged shrimp farmers’ willingness to invest in improved production methods and to examine whether the current government policy for the sector is in line with farmers’ preferences using a discrete choice experiment. The results show that farmers do not care about the environmental impacts but emphasize increased yields and more successful crops as the main drivers of their willingness to invest. There is a mismatch between the current subsidized interest rate and farmers’ required interest rate. These findings suggest that to promote better investment in improved production methods, the government should focus on the regulatory framework, monitoring and control of environmental impacts, and reevaluate the size of the credit subsidy.
Beskrivelse
This is an Accepted Manuscript of an article published by Taylor & Francis in Aquaculture Economics and Management on 5 February 2021, available online: https://doi.org/10.1080/13657305.2021.1880492.
Forlag
Taylor & Francis
Sitering
Ngoc, Bui BX, Sandorf ED, Phong, Trung, Hien. Willingness to adopt improved shrimp aquaculture practices in Vietnam. Aquaculture Economics & Management. 2021;25(4):430-449
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