AN ECONOMIC TECHNIQUE FOR ANALYSING FUEL SAVING TECHNOLOGY IN THE SEAFOOD INDUSTRY

This research was aimed at supplementing and expanding the ongoing Mississippi-Alabama Sea Grant Consortium's efforts to aid the shrimp fleets in their battle against high fuel costs. This report is essentially a research application of tried methodologies in the areas of economics and finance and will analyze the fuel-savings additions to the capital stock. Since the use of such technology requires considerable investment, it is necessary to determine whether its introduction is profitable in the long run. The use of information provided by this report should prove helpful in making decisions regarding energy-conserving alternatives.