Assessment of comparative advantage in aquaculture: framework and application on selected species in developing countries.

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dc.creatorHishamunda, N.; Cai, J.; Leung, P.;Fishery and Aquaculture Economics and Policy Division;Fisheries and Aquaculture Management Division
dc.date2024-08-13T20:11:17Z
dc.date2024-08-13T20:11:17Z
dc.date2009
dc.date2020-11-10T18:48:17Z
dc.date.accessioned2026-06-27T20:13:25Z
dc.descriptionComparative advantage analysis is a useful tool of economics that can be used to compare relative costs of production and identify species and markets with the greatest likelihood of success. Two different approaches are normally used to assess comparative advantage: the Domestic Resource Cost (DRC) and the Revealed Comparative Advantage (RCA) methods. The DRC approach is dynamic but requires data on production costs which may be hard to obtain. The RCA method is more descriptive and h as less predictive potential than the DRC approach but required data are normally available. This paper illustrates the concept of comparative advantage and some of its policy implications by presenting two case studies (on shrimp export markets and aquaculture production of freshwater finfish) using the RCA method.
dc.format74
dc.formatapplication/pdf
dc.formattext/html
dc.identifier2664-5408
dc.identifier9789251064320
dc.identifier2070-7010
dc.identifierhttps://openknowledge.fao.org/handle/20.500.14283/i1214e
dc.identifierhttp://www.fao.org/3/a-i1214e.pdf
dc.identifier.urihttp://hdl.handle.net/123456789/188008
dc.languageEnglish
dc.relationFAO Fisheries and Aquaculture Technical Papers
dc.relation2070-7010 - T528
dc.rightsFAO
dc.titleAssessment of comparative advantage in aquaculture: framework and application on selected species in developing countries.
dc.titleAssessment of comparative advantage in aquaculture: framework and application on selected species in developing countries.
dc.typeBook (series)

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