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Abstract
The hard clam industry is a true success story for commercial aquaculture in Florida. From a cottage industry borne of reductions in commercial wild clam harvests in the Indian River Lagoon during the late 1980s, hard clam aquaculture has now developed into an industry that is rivaled by no other aquaculture food product in Florida. Although successful by virtually any metric, the risks and uncertainty associated with commercial hard clam culture has led to the evaluation of programs that help mitigate risk, such as the former pilot Cultivated Clam Crop Insurance Program administered by USDA Risk Management Agency. All of this alludes to the economic importance of the hard clam culture industry which, through the cultivation process and sales of products, generates local income and taxes, creates jobs and businesses, and draws new money into the local economy, as cultured hard clams are sold to non-residents and buyers outside the region and state. This 6-page fact sheet provides an overview of a recent study by the University of Florida to provide an estimate of the impact of the hard clam industry to the Florida economy. Written by Charles Adams, Leslie Sturmer, and Alan Hodges, and published by the UF Department of Food and Resource Economics, October 2014. (UF/IFAS photo by Tom Wright).
References
Adams, C.M., A. Hodges, and T. Stevens. 2009. Estimating the Economic Impact for the Commercial Hard Clam Culture Industry on the Economy of Florida. Project Final Report (UF Project #00073946) submitted to Florida Department of Agriculture and Consumer Services, Division of Aquaculture, Tallahassee, FL.
IMPLAN Group, Inc. 2013. IMPLAN social accounting and impact analysis software (version 3), and 2012 regional data file for Florida. Hendersonville, NC. Web resources available at www.implan.com.
Miernyk, W.H. 1965. The Elements of Input-output Analysis. Made available on the web book of regional science at http://www.rri.wvu.edu/WebBook/Miernykweb/new/index.htm.
Miller, R.E. and P.D. Blair. 2009. Input-Output Analysis: Foundations and Extensions, second edition. Cambridge,UK: Cambridge University Press. https://doi.org/10.1017/CBO9780511626982
National Agricultural Statistics Service. 2013. Aquaculture. National Agricultural Statistics Service, United States Department of Agriculture, Washington, D.C. http://www.freshfromflorida.com/content/download/32294/790239/Aquaculture2013-FDA.pdf.
Philippakos, E., C.M. Adams, A. Hodges, D. Mulkey, D. Comer and L. Sturmer. 2001. Economic Impact of the Florida Cultured Hard Clam Industry. Florida Sea Grant Report SGR-123. University of Florida, Florida Sea Grant College Program, Gainesville, FL.