Explanatory model of the profitability of marine fish farming companies. Empirical application to the breeding of seabream (Sparus aurata) and european seabass (Dicentrarchus labrax) in Spain

Ignacio Llorente

Spain

Universidad de Cantabria

Departamento de Administración de Empresas.
Facultad de Ciencias Económicas y Empresariales

Ladislao Luna

Spain

Universidad de Cantabria

Departamento de Administración de Empresas.
Facultad de Ciencias Económicas y Empresariales

Submitted: 2016-03-07

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Accepted:

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Published: 2012-11-21

DOI: https://doi.org/10.7201/earn.2012.02.02
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Keywords:

Seabream breeding, European seabass breeding, Multidisciplinary research, Profitability, Fish farming

Supporting agencies:

Secretearía General del Mar del Ministerio de Medio Ambiente y Medio Rural y Marino de España (MARM) y a Puertos del Estado.

Abstract:

The aim of this paper is to analyze how the biological, technical, environmental and economic factors affect the profitability of fish farming companies. The empirical test is applied to Spanish companies of seabass and seabream farming during the period 2005/2007. Multivariate analysis techniques are used. The results show how technical and biological aspects lose importance as production processes are standardized, while the environmental and economic aspects increase their relevance.
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