The Journal of Fisheries Business Administration (수산경영론집)

The Korean Society of Fisheries Business Administration (한국수산경영학회)
권호 표지
DOI QR코드

DOI QR Code

Analyzing Economic Effectiveness of the Sea Cucumber Seed Releasing Program in Gyeongsangbuk-do Region

경북지역 해삼 종묘방류사업의 경제적 효과 분석

  • Park, Kyoung-Il (Technology Management Center, National Fisheries Research & Development Institute) ;
  • Kim, Young-Jun (Yeosu Branch, Jeallanam-Do Ocean & Fisheries Science Institute) ;
  • Kim, Do-Hoon (Department of Marine Business and Economics, Pukyong National University)
  • 박경일 (국립수산과학원 기술경영센터) ;
  • 김영준 (전라남도 해양수산과학원 여수지소) ;
  • 김도훈 (부경대학교 해양산업경영학과)
  • Received : 2013.05.20
  • Accepted : 2013.06.20
  • Published : 2013.06.30
Download PDF
⟨ Previous Next ⟩

Abstract

This study is aimed to analyze economic effectiveness of the sea cucumber seed releasing program in Gyeongsangbuk-do region. Based on the surveyed data, the production value of released sea cucumber and the seed releasing program cost are estimated and compared to determine the economic validity of the sea cucumber seed releasing program. Results show that the B/C ratio, as an indicator of economic evaluation, is 2.0, indicating that the sea cucumber seed releasing program in Gyeongsangbuk-do region would be economically feasible under the current production and market conditions. Sensitivity analyses of main variables indicate that the economic effectiveness can be increased when the recapture rate would be increased and the seed price of sea cucumber would be decreased.

Keywords

References

  1. Kim, T. I. (2011), "The situation of International and domestic sea cucumber aquaculture," Aquaculture 21, 9 (7), 84-90.
  2. Gyeongsangbuk-do (2013), Records of fisheries seed releasing programs.
  3. Incheon Metropolitan City(IMC) (2011), The situation of sea cucumber seed production.
  4. Korea Sea Cucumber Organization(KSCO) (2011), Data on members and sea cucumber production by region.
  5. Korea Maritime Institute(KMI) (2011), Statistics for Fisheries and Marine Environment.
  6. Ministry for Food, Agriculture, Forestry and Fisheries(MIFAFF) (2012), Pilot project for sea cucumber aquaculture.
  7. Ministry for Food, Agriculture, Forestry and Fisheries(MIFAFF) (2013), Fisheries Production Statistics(www.fips.go.kr).
  8. National Fisheries Research & Development Institute(NFRDI) (2012), Core technology development for industrialization of the sea cucumber aquaculture, NFRDI project report.
  9. Noh, C. H. (2012), Development of Aquaculture industry utilizing Gyeongbuk water resources, Gyeongbuk Ocean Forum.
  10. Park, Y. J. (2009), "The situation of sea cucumber aquaculture in China and development directions of Korean sea cucumber aquaculture," AquaInfo, 3 (2), 26-35.
  11. Seo, J. N., Paek, J. I. and Kim, D. H. (2010), "Economic Effectiveness of the Olive Flounder Fry Releasing Program in Korea," Ocean and Polar Research, 32 (4), 483-488. https://doi.org/10.4217/OPR.2010.32.4.483
  12. Song, J. U. and Hong, J. B. (2009), "The current status and tasks of rockfish restocking project based on economic performance evaluation," The Journal of Fisheries Business Administration, 40 (3), 69-88.

Cited by

  1. The Estimation and Economic Evaluation of Fisheries Benefit in Jeju Trial Sea Farm Project vol.44, pp.3, 2013, https://doi.org/10.12939/FBA.2013.44.3.029
  2. A Study on the Economic Effectiveness of the Artificial Fish Reef Project in the Tae-an Marine Ranching vol.44, pp.3, 2013, https://doi.org/10.12939/FBA.2013.44.3.103
  3. The Economic Effect of Besides Fisheries Profit and Input-Output Analysis:ocused on the Tae-an Trial Sea Farm Project vol.46, pp.1, 2015, https://doi.org/10.12939/FBA.2015.46.1.109
  4. A Study on Promotion of Fishing Boats in Seawaters of Jeju Pilot Marine Ranch vol.30, pp.6, 2018, https://doi.org/10.13000/JFMSE.2018.12.30.6.2144