Research Article
Analysis on the Growth Drivers of Mariculture in Liaoning Province
@INPROCEEDINGS{10.4108/eai.26-5-2023.2334309, author={Yuyan Zhao and Minjie Kang}, title={Analysis on the Growth Drivers of Mariculture in Liaoning Province }, proceedings={Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26--28, 2023, Nanjing, China}, publisher={EAI}, proceedings_a={MSEA}, year={2023}, month={7}, keywords={mariculture marine economy cobb douglas production function}, doi={10.4108/eai.26-5-2023.2334309} }
- Yuyan Zhao
Minjie Kang
Year: 2023
Analysis on the Growth Drivers of Mariculture in Liaoning Province
MSEA
EAI
DOI: 10.4108/eai.26-5-2023.2334309
Abstract
Mariculture is of great significance to the fishery economic development in coastal areas. Liaoning province is an important area of coastal fishery eco-nomic development in China. In this paper, the data from 2013-2020 are used to analyze the seawater output and production factor input in Liaoning Province, and then the production function model is constructed. The research results show that the regression result of C-D production function is not ideal, the re-gression coefficient of labor input is negative and the regression coefficient is not significant. Further analysis shows that the mariculture industry in Liaoning province is in the transition period of production mode, during which it is dif-ficult to explain the relationship between the input and output of production factors by constructing the C-D production function model. As the mariculture area continues to decline and the continuous decline of traditional fishermen, the strong capital investment can promote the increase of mariculture output per unit area and attract the inflow of fishery practitioners. Mariculture has shifted from labor intensive to capital intensive production.