https://doi.org/10.35716/IJED-25375
Author: Karthik Kumar Goud Palsam, J. Mani Selvam, K. Sai Susmitha Bhargavi, and Ankush L. Kamble
Author Address: Fisheries Economics, Extension and Statistics Division, ICAR-Central Institute of Fisheries Education, Versova, Mumbai-400061 (Maharashtra)
This study
presented both a bibliometric analysis and a detailed review of research in the
domain of aquaculture economics. The results showed a steady increase in
publications with a compound annual growth rate (CAGR) of 4.63 per cent and
strong author collaboration. Asia produced the most publications, with
Bangladesh as the most represented country. The most preferred publication
journals were Aquaculture Economics and Management, Aquaculture,
and Aquaculture International. Pond-based production systems and
monoculture practices dominated the literature. Among economic indicators, the
benefit-cost ratio (BCR) was most frequently used to evaluate financial
viability. Field-setting research was the most commonly adopted approach,
followed by laboratory and simulation-based approaches. Overall, this study
offered a structured overview of key themes and research trends in aquaculture
production economics, providing useful insights for researchers and
practitioners.
Keywords
Benefit-cost
ratio, compound annual growth rate (CAGR), monoculture, profitability.
JEL
Codes
B41, D61,
M11.