Ocean and Polar Research

  • 제28권1호
  • /
  • Pages.25-35
  • /
  • 2006
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  • 1598-141X(pISSN)
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  • 2234-7313(eISSN)
한국해양과학기술원 (Korea Institute of Ocean Science & Technology)
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우리나라 연근해어선 감척사업의 경제적 투자효과 분석

Evaluating the Economic Effects of Fishing Vessel Buyback Programs in Korea

  • 표희동 (부경대학교 해양산업경영학부)
  • Pyo, Hee-Dong (Faculty of Marine Business & Economics, Pukyong National University)
  • 발행 : 2006.03.31
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초록

Fisheries buyback programs have been implemented from 1994 in Korea, and its scale is estimated to have a value of 930 billion won, which is compounded for eight years since 1994. The paper evaluates the programs' economic and financial viability, and predicts efficient ways about how much and how long to reduce fisheries vessels so as to pursue a target biomass at MSY, For the specific purpose of the paper, aggregate fisheries stock dynamics and catch functions are specified and estimated by yearly catch and fishing effort data from 1970 to 2001, using ASPIC model and Schaefer's logistic production model. Results show that the fisheries stock in Korea has steadily declined since 1970, and that Korean fisheries overexploitation has steadily increased. Using cost-benefit analysis method, the buyback program holds the economic and financial feasibility even if the scale of buyback programs is not sufficient to avoid the downward trend in fisheries stock and harvest. The potential investment scale is predicted in several alternative scenarios using the sensitivity analysis method. The results recommend the annual reduction of 46%, 12% or 20% for the next one year, five years or three years, respectively so that the target biomass at MSY may be reached in 25 years.

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피인용 문헌

  1. Direct Economic Effects and Optimal Vessel Reduction Scales in Coastal and Offshore Fisheries vol.27, pp.3, 2015, https://doi.org/10.13000/JFMSE.2015.27.3.821
  2. Emergy Evaluation of the Korean Economy and Environment: Implications for the Valuation of Marine Ecosystem Services vol.18, pp.2, 2015, https://doi.org/10.7846/JKOSMEE.2015.18.2.102