@article{Lambregts:15045,
      recid = {15045},
      author = {Lambregts, Johannes Adrianus and Griffin, Wade L. and  Lacewell, Ronald D. and Davis, James T. and Clary, Gregory  M.},
      title = {ESTIMATED COSTS AND RETURNS FOR CATFISH FARMS WITH  RECIRCULATING PONDS ALONG THE UPPER TEXAS COAST},
      journal = {Journal of Agricultural and Applied Economics},
      address = {1993-12},
      number = {1379-2016-113470},
      pages = {12},
      year = {1993},
      abstract = {Cost, returns, and economies of scale for small, medium  and large catfish farms with recirculating ponds are  presented for the upper Texas coast. Internal rates of  return are 0.150, 0.183 and 0.219, respectively. Total  investment is higher than farms with static ponds but  investment per unit production capacity is 7 percent to 16  percent lower. Average total cost per pound is between  $0.565 and $0.541, (11 percent - 20 percent lower than  farms using current technology). These results have  implications for regional comparative advantage of catfish  production as well as incentive for adoption of new  technology in conventional ponds.},
      url = {http://ageconsearch.umn.edu/record/15045},
      doi = {https://doi.org/10.22004/ag.econ.15045},
}