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http://dx.doi.org/10.4217/OPR.2017.39.3.195

A Study on the Optimal Emission of CO2 due to Climate Change : An Application for Large Purse Seine  

Choi, Jong Du (Department of Business Administration, The Cyber University of Korea)
Publication Information
Ocean and Polar Research / v.39, no.3, 2017 , pp. 195-203 More about this Journal
Abstract
The purpose of this paper is to estimate the optimal $CO_2$ emission in the maximum economic yield (MEY), maximum sustainable yield (MSY), and open access (OA) using a bioeconomic model. The results are as follows; in the case of $E_{MEY}$, $E_{MSY}$, and $E_{OA}$ levels, $CO_2$ emissions are estimated at $150,704,746CO_2/kg$, $352,211,193CO_2/kg$, and $301,409,492CO_2/kg$ respectively. We show that the $E_{MEY}$ is more efficient than the other levels. That is, the level of $E_{MEY}$ signifies the optimal economic fishing usage as the most economically efficient usage for large purse seine fishery catching mackerel species. The emission of $CO_2$ in $E_{MEY}$ is the lowest level. Also, the impacts of climate changes such as ocean temperature increase, ocean acidification, and the combined impact thereof show that the biomass of mackerel decreases.
Keywords
optimal emission of $CO_2$; bioeconomic model; Maximum Economic Yield (MEY); Large Purse Seine; climate change;
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Times Cited By KSCI : 1  (Citation Analysis)
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