Assessing the economic impact of diseases in Mediterranean grow-out farms culturing European sea bass
Author
Fernández Sánchez, José L.
Le Breton, Alain
Brun, Edgar
Vendramin, Niccolò
Spiliopoulos, Georgios
Furones, Dolors
Basurco, Bernardo
Publication date
2021-09-27ISSN
0044-8486
Abstract
The aim of this work is to propose a novel and formal approach to evaluate the direct costs of diseases caused by different pathogens as well as their economic impact on typical Mediterranean grow-out farms culturing European sea bass under different scenarios of production related to the biomass produced (farm size) and the size of the fish produced (production strategy). We employ a deterministic static model to simulate the annual income statement of those facilities to evaluate the direct costs caused by different diseases as well as, through a partial budget and sensitivity analyses, the economic impact of them. An important conclusion of this work is that the profitability and economic viability of sea bass grow-out farms suffering recurrent outbreaks of diseases caused by different pathogens depend on the farm typology (farm size) as well as the decisions taken by owners/investors about the size of the fish produced and sold in the market. Our estimations show that as the larger is the farm and the size of the fish produced, the larger are the direct cost of a disease outbreak. However, the economic impact on the net operating profit is significantly worse as smaller is the farm and smaller the fish produced. The conclusions of this research stress the need for small producers to pay attention and devote resources to prevent and treat disease outbreaks.
Document Type
Article
Document version
Published version
Language
English
Subject (CDU)
637 - Produce of domestic (farmyard) animals and game
Pages
9
Publisher
Elsevier
Is part of
Aquaculture
Citation
Fernández Sánchez, José L., Alain Le Breton, Edgar Brun, Niccolò Vendramin, Georgios Spiliopoulos, Dolors Furones, and Bernardo Basurco. 2022. "Assessing The Economic Impact Of Diseases In Mediterranean Grow-Out Farms Culturing European Sea Bass". Aquaculture 547: 737530. doi:10.1016/j.aquaculture.2021.737530.
Grant agreement number
EC/H2020/727315/EU/Mediterranean Aquaculture Integrated Development/MedAID
Program
Aqüicultura
This item appears in the following Collection(s)
- ARTICLES CIENTÍFICS [2555]
The following license files are associated with this item:
Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by-nc-nd/4.0/