economic impacts of private sector aquaculture-based
TRANSCRIPT
Economic Impacts of Private Sector Aquaculture-Based Recreational Fishing in the
Western USA 2009 Annual Report
Dr. Craig A. Bond, Assistant Professor Daniel Deisenroth, Ph.D. Candidate
Colorado State University
Presented to the WRAC IAC/TC October 7, 2009, Spokane, WA
Project Objectives • Document the economic
contribution of the ASRF industry and related activity
• Develop a sampling frame for documenting industry trends over time
• Generate additional primary research on the industry environment
• Develop a variety of outreach materials and final report
Anticipated Benefits
Document the economic contributions of the Aquacultural Suppliers of Recreational Fish (ASRF) in the Western United States – Direct, indirect, and induced
spending and employment effects
– Support of recreational fishing
Broad Project Progress Overview
• ASRF industry surveying and basic IMPLAN analysis complete
• 2,300 angler surveys distributed across CO (1,700) and CA (600) and in process of being returned
• Private fishery survey at focus group stage (tomorrow @ 12:30PM, 970-491-1210)
• Time to step up the outreach effort!
ASRF Customer Data
Objective 1: Data Collection • Survey being developed,
focus group tomorrow • Distribution October-
December • Content similar to ASRF
industry survey: sales, expenditures/costs, general business info
ASRF Customer Data
Objective 2: Sampling Frame • Using ASRF cooperators, over 1,000 CO
customers have been identified – Includes municipalities, private ranches and
clubs, HOAs, other private property • If you sell recreational fish and are willing
to share your customer list (or know of contacts that might), please let me know!
Recreational Angler Data
Objective 1: Data Collection • Leveraged $ with USFWS project (Dr.
Loomis, PI) to expand sampling frame • Survey instrument designed and focus
grouped (with general public and team members)
Recreational Angler Data Objective 1: Data Collection • Categories of data include:
– Attributes of most recent fishing trip (catch rate, location quality, travel time and cost)
– Expenditure information – Patterns of fishing behavior over
season – Contingent behavior (what if catch
rates decline)? – Demographics
Recreational Angler Data
Objective 2: Sampling Frame • 21 private fisheries in CO, 0 in CA • 18 public sites in CO, 17 in CA
– Split according to budget/labor availability – About half of public sites in CA are privately stocked – Regions determined taking into consideration types of
fisheries, decent substitution possibilities, and geographic location (see maps Appendix 3 & 4)
Recreational Angler Data
Objective 2: Sampling Frame • 2,300 surveys distributed by students and
private establishments (according to their preferences)
• Response rate averaging near 70%
Objective 3: Additional Industry Research
• Incorporation of secondary Alaska data into Western region as appendix in final report
• Graduate student identified to write theoretical paper on regulation when regulator is also a production competitor
• Angler spending and angler behavior including private and public sites
ASRF Population: Results • The following results
summarize our findings regarding the economic contributions of the ASRF industry only (backward linkages) in mostly table form
• Sample extension-type
document in Appendix 7 of our annual report in mostly graphical form
Households
IndustryBasic
ServicesGoods &
$
Inputs
Products
Inputs
$ $
$
$
Services
$ $
Labor
Households
IndustryBasicIndustryBasic
ServicesGoods &
$
Inputs
Products
Inputs
$ $
$
$
Services
$ $
Labor
Suggestions greatly appreciated ([email protected])!
Identified ASRF Population by State
ASRF Survey Response Rate
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%Total Completed andIn ASRF Business
Did not fill out survey
Excluded (e.g. Not InBusiness)
52 Surveys completed for a 30% response rate Survey numbers by State: CA=18, CO=7, OR=7, UT=6, WA=6, ID=3, MT=3, NV=1, WY=1
Typical ASRF Producer Age 55
% Male 90%
Years in ASRF Business 22 Years
Years Working in Aquaculture in General 23 Years
Size of Household (Persons) 3.3 Persons
% Married 88%
% Who Live On-Site 80%
Earnings as a % of Total Income 45%
Mean and Median Sales, All Producers
Average Annual Production and Sales Levels
Pounds Sales $
Salmonids
Production Levels (n=45)
60,546 $160,040
Brokered Levels (n=45)
6,654 $22,704
Warm/Cool Water Species
Production Levels (n=44)
37,889 $107,589
Brokered Levels (n=44)
3,156 $14,853
Median Annual Production and Sales Levels
Pounds Sales $
Salmonids
Production Levels (n=45)
3,000 $4,262
Brokered Levels (n=45)
0 $0
Warm/Cool Water Species
Production Levels (n=44)
0 $0
Brokered Levels (n=44)
0 $0
Mean and Median Sales, Excluding Non-Producers
Average Annual Production and Sales Levels
Pounds Sales $
Salmonids
Production Levels (n=32)
108,983 $276,992
Brokered Levels (n=15)
37,428 $127,707
Warm/Cool Water Species
Production Levels (n=19)
151,558 $364,148
Brokered Levels (n=13)
27,769 $108,922
Median Annual Production and Sales Levels
Pounds Sales $
Salmonids
Production Levels (n=32)
40,000 $41,000
Brokered Levels (n=15)
5,374 $31,274
Warm/Cool Water Species
Production Levels (n=19)
38,000 $80,000
Brokered Levels (n=13)
23,418 $103,985
Salmonid Sales by Size, Excluding Non-Producers
Average Salmonid Sales by Size Category (Excluding Non-Producers)
Size Category Amount Unit Sales (Dollars)
Trophy size (Over 16”) 21,769 Pounds Live Weight $66,032
Catchables (9-16 inches) 112,677 Pounds Live Weight $227,184
Sub-Catchables (less than 9 inches) 45,577 Count $37,423
Forage Minnows 20,000 Count $3,800
Eggs 2,093,500 Count $2,220
Other 12,500 Other $8,750 Median Salmonid Sales by Size Category (Excluding Non-Producers)
Size Category Amount Unit Sales (Dollars)
Trophy size (Over 16”) 5,000 Pounds Live Weight $9,000
Catchables (9-16 inches) 12,400 Pounds Live Weight $30,713
Sub-Catchables (less than 9 inches) 10,000 Count $12,708
Forage Minnows 20,000 Count $3,800
Eggs 183,000 Count $550
Other 12,500 Other $8,750
Warm/Cool Sales by Size, Excluding Non-Producers
Average Warm/Cool Water Species Sales by Size Category (Excluding Non-Producers)
Size Category Sales (Dollars) Trophy size $8,086 Catchables $257,942
Sub-Catchables $34,340 Forage Minnows $9,210
Eggs $0 Other $27,675
Median Warm/Cool Water Species Sales by Size Category (Excluding Non-Producers) Size Category Sales (Dollars)
Trophy size $5,000 Catchables $20,000
Sub-Catchables $14,000 Forage Minnows $2,655
Eggs $0 Other $31,989
Fish Sales by Outlet Where Are The Salmonids Sold?
Sales Outlet Percentage Brokers/Consultants 8%
Food Fish 1% Recreational Outlets (Public) 63% Recreational Outlets (Private) 25%
Other 3% Total 100%
Where Are The Warm/Cool Water Fish Sold?
Sales Outlet Percentage Brokers/Consultants 2%
Food Fish 65% Recreational Outlets (Public) 15% Recreational Outlets (Private) 11%
Other 7% Total 100%
Where are ASRF fish sold?
Where Are The Fish Sold?
Salmonids Warm/Cool Water Species
Within State (Within WRAC) 74% 100%
Out of State, (Within WRAC) 22% 0%
Out of State, (Out of WRAC) 5% 0%
Total 100% 100%
ASRF Annual Expenditures
Table 8: Average Expenditures
Category Average Median
Labor $113,941 $22,500
Non-Depreciated Expenditures $182,580 $8,599
Depreciated Expenditures $113,996 $220
Water Expenditures $2,020 $54
Total Expenditures $412,537 $31,373
ASRF Material Expenditures by Category (Production Function)
Labor Expenditures 22.25%
Feed 12.52%
Fish and Eggs 6.96%
Taxes and Insurance, and Non-Labor Insurance 5.09%
Electricity 3.09%
Shipping and Distribution 2.97%
Gasoline 2.74%
Chemicals/Supplies and Oxygen 1.98%
Benefits 1.92%
Other Utilities and Water Non-Pumping Delivery Costs 1.15%
Non-Shipping Depreciated Vehicle Expenses 0.84%
Other 0.79%
General Consumable Supplies 0.67%
Licenses/Permits/Inspection Fees 0.54%
Marketing and Advertising 0.40%
Natural Gas/Propane 0.17%
ASRF Water Sources
Water Source
Sources
Groundwater 64%
On-Farm Surface Water 20%
Off-Farm Water 16%
Percentage Who Own Their Rights 93%
Source of Material Purchases
Source of Material Purchases
Source Percentage
Within State (Within WRAC) 37%
Out of State, (Within WRAC) 52%
Out of State, (Out of WRAC) 11%
Total 100%
Direct Contributions, Western ASRF
Annual Levels
Total Sales $57,238,415
Total Jobs (FTE) 1,237
Material Expenditures $23,948,134
Other Property Income $12,743,225
Labor Expenditures $12,737,101
Proprietary Income $7,809,955
IMPLAN Model
• Based on the collected data and estimated production function, the industry expenditure data is fed through the model to trace through all supporting economic activity
• “Multipliers” provide a convenient way to summarize this activity on a per-dollar sales basis
Estimated Economic Multipliers, WRAC Region (excl. Alaska)
Direct Indirect Induced Total Output Multipliers
1.00 0.43 0.46 1.89 ($ output per $1 ASRF sales) Employment Multipliers
21.61 4.34 3.40 29.35 (jobs per $1 mil ASRF sales) Total Employment Multiplier
1.36 (jobs per 1 ASRF job)
Aggregate ASRF Economic Contributions, Western Region
Direct Indirect Induced Total
Output $57.2 mil $24.6 mil $26.3 mil $ 108.2 mil
Employment 1,237
248
195
1,680
Still to Come… • Finish angler survey and begin analyzing data
– Expenditure differences between fishing on public and private lands
– Substitution between public and private fisheries/public and privately stocked fisheries
– “What if ASRF didn’t exist”? • Finish private fisheries survey and begin
analyzing data (contributions) • Complete economic report that incorporates all
three populations • Work progressing generally according to
schedule (full presentations ready Spring, ’10)
Outreach to Date
• Presentation of ASRF results at the Western Agricultural Economics Association meeting, June, 2009
• Presentation at Colorado Aquaculture Association meetings, Jan, 2009
• Various Fishline articles updating progress on study
Preparing Outreach Materials
To be prepared: • Draft economic contribution report in Appendix 7
(results shown today) in extension-type form • Glossy handouts for distribution • Powerpoint slides and other material on website • Press Releases if desired NOTE: We would be happy to “write to order”!
Please let us know your needs!
Getting the Word Out
• As the data collection effort winds down, we would like to “hit the road” to present our results
• If you are hosting, or know of, a conference, meeting, or event that may be interested in any of our forthcoming results, please contact us ([email protected], [email protected])
Thanks!
Questions, Comments, Suggestions?
Dr. Craig A. Bond Assistant Professor
Department of Agricultural and Resource Economics Colorado State University
970-491-6951 [email protected]