Implications of investing under different economic conditions on the profitability of Gulf of Mexico shrimp vessels operating out of Texas.
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Date
1983
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Abstract
Due to the inflationary trend in recent years coupled with fluctuating shrimp prices, the shrimp business has become a highly uncertain undertaking. The financial performance of a sample of the Gulf of Mexico shrimping fleet, operating out of the Texas coast, was examined over a 10-year period (1971-80). The results indicate that investments made in the early part of the 1970's performed better than those of the latter part.
Description
9 p.
Keywords
shrimp fisheries, economics, fishery resources, fishery economics