The evolution of the fry market in the marine fish
culture industry of Hong Kong: an economic perspective
L.W.C.
Lai, B.T. Yu-2002
Aquaculture Economics and Management, 6(3&4):
191-214
Abstract:
This
paper documents from an economic perspective the evolution of the fry market
as part of the marine fish culture industry in Hong Kong, and related
research efforts. The fry market, which involves a division of labour among
fry import traders, local fry catchers and
local
culturists, has helped the adjustment of the industry in the face of foreign
competition. Due to the success in artificial breeding of key cultured fish
and keen product competition, the prices of fry have been falling. The
contribution of the fry breeders to sustaining the culture industry is
discussed.
(Professor
Lawrence W. C. Lai, Department of Real Estate and
Construction, The University of Hong Kong, Pokfulam Road, Hong Kong
S.A.R., China. Tel: (852) 259 7988, Fax: (852) 2559 9457, Email: wclai@hkucc.hku.hk)