Economics of seaweed production

  • Hurtado A
  • Salayo N
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Outline 1. Economically important seaweed species in the tropics: Kappaphycus alvarezii (Philippines - tambalang, guzo; Indonesia – Eucheuma cottonii (Philippines - ; Indonesia - ) Gracilaria sp. Caulerpa racemosa 2. Markets and Trade Marketing channels International trade patterns 3. Some economic principles relevant to seaweed production Valuation of resources (planting material; labor; externalities, opportunity costs) Stages of production and profit maximization (TP, AP, MP, MEY, MSY) Elasticity, Demand, Supply and Prices 4. Cost components in seaweed production Capital investments/outlay Variable costs Fixed costs 5. Determinants of profitability of seaweed production (economic indicators) Gross revenue vs net income Return on investments Payback period Benefit/Cost ratio Net present value Internal rate of return 6. Factors affecting profitability of seaweed production Biological/Environmental Economic 7. Directions/Prospects of the seaweed industry

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  • AQ A.Q. Hurtado

  • N Salayo

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