The Journal of Fisheries Business Administration (수산경영론집)

The Korean Society of Fisheries Business Administration (한국수산경영학회)
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Estimating the Economic Value of Recreational Fishing in the Jeonnam Marine Ranching Area

여행비용모형을 이용한 전남 바다목장 해역 유어활동의 경제적 가치 추정

  • 서주남 (국립수산과학원 기술경영센터) ;
  • 김도훈 (부경대학교 해양산업경영학과) ;
  • 강성경 (국립수산과학원 해역이용평가센터)
  • Received : 2012.09.10
  • Accepted : 2012.09.20
  • Published : 2012.09.30
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Abstract

This study aimed to estimate the economic value of the recreational fishing in the Jeonnam marine ranching area as a part of the total socioeconomic evaluation of the Jeonnam marine ranching program. A travel cost method was applied to the estimation of economic value of the recreational fishing in the Jeonnam marine ranching area and input variables included annual fishing trip days, average travel cost per trip, average catch amount, monthly income, marriage, age, and personal perception on the marine ranching program. In the analysis, due to its characteristic of count data, both poisson model and negative binomial model were used. Model results indicated that a negative binomial model was statistically more suitable than the poisson model as the overdispersion problem occurred in the poisson model. All signs of the estimated parameters were estimated as previous studies showed. Based on the results, the economic value per trip of the recreational fishing in the Jeonnam marine ranching area was estimated to be 145,000 won and the annual total economic value of the recreational fishing in the Jeonnam marine ranching area was analyzed to be 2,514,000 won. In addition, the change of total value by catch rate showed that the economic value could be increased by 180,900 won as the catch increased by one kilogram.

Keywords

References

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