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http://dx.doi.org/10.4217/OPR.2020.42.2.157

An Analysis of the Effects in the TAC System by Analyzing Catch of TAC Target Species  

Sim, Seonghyun (Fisheries Policy Research Division, Korea Maritime Institute)
Lee, Jungsam (Fisheries Policy Research Division, Korea Maritime Institute)
Oh, Seoyeon (Fisheries Policy Research Division, Korea Maritime Institute)
Publication Information
Ocean and Polar Research / v.42, no.2, 2020 , pp. 157-169 More about this Journal
Abstract
This study aimed to analyze the effect of total allowable catches (TACs) on the target species. First to effects analyse of TACs, the 8 TAC target species and 75 non-target species were selected for which catch data were available before and after the introduction of the TACs. The 8 target species were simply compared to catch changes before and after TACs. Through the comparison, it was confirmed how the catches of target fishes have changed after the implementation of the TACs. Secondly, the Difference In Differences(DID) analysis was conducted to confirm the effects of the TACs on the catches of the target fishes using the catch data of 8 TAC target species and 75 non-TAC species. Finally, to overcome the limitations of the DID analysis, the random effects model was estimated to confirm the effects of the TACs on the catch of the TAC target species. Overall, this study confirmed that the TACs affects catches of target species, not only through simple comparisons of catches before and after the introduction of the TACs but also through econometric analysis.
Keywords
TACs; catch changes; target species; DID analysis; random effects model;
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Times Cited By KSCI : 3  (Citation Analysis)
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