Journal of the Korean Society of Fisheries and Ocean Technology (수산해양기술연구)

The Korean Society of Fisheries and Ocean Technology (한국수산해양기술학회)
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Economic analysis of biodegradable snow crab gill net model project

생분해성 대게 자망 시범사업의 경제성 분석

  • Park, Seong-Kwae (Faculty of Marine Business & Economics, Pukyong National University) ;
  • Park, Seong-Wook (Fisheries Engineering Division, National Fisheries Research and Development Institute) ;
  • Kwon, Hyeok-Jun (Faculty of Marine Business & Economics, Pukyong National University)
  • 박성쾌 (부경대학교 해양산업경영학부) ;
  • 박성욱 (국립수산과학원 수산공학과) ;
  • 권혁준 (부경대학교 해양산업경영학부)
  • Published : 2009.11.30
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Abstract

The main purpose of this research is to analyze economic feasibility of biodegradable sonw crab gill net model project. The results of benefit/cost analysis show that use of the biodegradable gear is economically feasible. Assuming that the rate of gill net lost is 5 percent, net present value was estimated 311,898,282-590,533,375won, benefit-cost ratio 1.816-1.923 and internal rate of return 7.96-10.59%. The development and diffusion of biodegradable fishing gear appear to make a significant contribution to fisheries resource conservation and marine ecosystem protection. In addition, biodegradable gear production firms may have a good opportunity of exporting it to other coastal states, depending on the progress of WTO subsidy negotiation.

Keywords

References

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