The Effect of Person-Specific Factors on Coastal Vessel Fishing Catch in Korea

우리나라 연안어업생산에 있어서 인적요소의 영향분석

This study is conducted to apply the insight of Johnson and Libecap(1982) to Korea's coastal vessel fishing. According to Johnson and Libecap(1982) the differences in fishing ability are largely attributed to acquired knowledge and innate skills. Since those skills are unlikely to be readily transferable assets, economic rents exist in the fishery, even under open access conditions. Therefore the paper tries to examine whether the acquired information from fishing experience and innate skill could also have an effect on catch variation of coastal vessel fishing in Kyung-Nam province. To do so, the paper is performing the analysis by establishing econometric model. Results show us that the acquired information from fishing experience have a significant effect on catch variation, but the innate skill does not.