The pollution effects of cage aquaculture represent an external cost to society, and the challenge for environmental economists has been to estimate the magnitude of these costs and to suggest ways in which they can be mitigated or 'internalised'. One possible mitigation strategy involves the development of integrated production systems based on polyculture, and this paper examines the financial viability of such a system that integrates the farming of salmon and Mussels. The results demonstrate the commercial potential of an integrated salmon-mussel production system under present market conditions, but highlight the critical role played by future price trends. (c) 2005 Elsevier Ltd. All rights reserved.
- International Relations
- Environmental Studies