Management Theory and Studies for Rural Business and Infrastructure Development, Volume 22

Commercial fish farming industry factors affecting productivity

Valdemaras Makutėnas, Tomas Eidikas, Daiva Makutėnienė

Abstract

The article investigates the problems of commercial fish farming industries, analyses and
appraises the factors affecting the productivity of commercial fish farming and reveals the trends
of the sector development. The research showed that the productivity is mostly affected by the
efficiency of the utilisation of the production capacities, consumed fodder volumes per one hectare
of the pond area, and the cost price. The efficiency of the employment of the pond areas was
found to have a minor effect on the productivity. A more detailed linear regression analysis revealed
that a one percent increase in the efficiency of the utilisation of the production capacities
and consumed fodder volumes per one hectare of the pond area would lead to a 0.76 and 0.35
percent rise of the productivity, respectively; whereas a one percent increase in the cost price
would cut the productivity down by 0.73 percent.
The results of a forecast of changes in the production volumes of the commercial fish
farming based on time series (limited growth trend) pattern indicate a slight reduction in the production
volumes in 2010 through 2013. Although the forecast model is found to be reliable, with
respect of the updates and adjustments of the forecasts of the economic indicators triggered by
the recession it is rather difficult to forecast the likely changes in the phenomena and indicators.

Keyword(s): commercial fish farming, productivity, factors, development trends


Full Text: PDF

Refbacks

  • There are currently no refbacks.
898 views

Management Theory and Studies for Rural Business and Infrastructure Development eISSN 2345-0355

This journal is published under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License. Responsible editor: Dr Audrius Gargasas.