Browse > Article
http://dx.doi.org/10.3796/KSFT.2012.48.4.360

Economic analysis of development of low-carbon trawl gear  

Park, Seong-Wook (Fisheries System Engineering Division, National Fisheries Research & Development Institute)
Lee, Kyoung-Hoon (Fisheries System Engineering Division, National Fisheries Research & Development Institute)
Kang, Min-Ju (Faculty of Marine Business & Economics, Pukyong National University)
Park, Seong-Kwae (Fisheries System Engineering Division, National Fisheries Research & Development Institute)
Publication Information
Journal of the Korean Society of Fisheries and Ocean Technology / v.48, no.4, 2012 , pp. 360-369 More about this Journal
Abstract
The main purpose of this study is to analyse economic feasibility of low-carbon-oriented trawl gear. The results of benefit/cost analysis showed that use of the low-carbon fishing gear is economically feasible. Considering the fuel saving and relatively low $CO_2$ emission by reducing the resistance of gear, net present value by such gear improvement was estimated about 2,430~2,853 million won with the benefit-cost ratio 1.65~1.84 and the internal rate of return 29.18~30.48 percent. Development of low-carbon trawl gear would render significant contributions to reducing $CO_2$ emission in fishing operations and lead to reduce fishing costs due to fuel savings.
Keywords
Benefit-cost analysis; Low-carbon trawl gear; Fishing gear; Fuel saving; Fishing cost;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
연도 인용수 순위
1 BTE. 1999. Facts and furphies in benefit-cost analysis: Transport. BTE Report, 57-78.
2 Cameron TA and James MD. 1987. Efficient estimation methods for closed-ended contingent valuation survey data. Rev of Econ and Stat 69, 269-276.   DOI   ScienceOn
3 Cha SW. 2003. A study on the fishing operation process for laborsaving of the Korean Large otter-trawl. M.D. Thesis, Pukyong National University, Korea, 1-83.
4 Ellinsen H and Aansndsen SA. 2006. Environmental impacts of wild caught cod and farmed salmon a comparison with chicken. Int J Life Cycle Assess 11, 60-65.   DOI   ScienceOn
5 Treasury HM. 2003. The Green Book: Appraisal and Ebaluation in Central Gverment, 97-100.
6 Ministry of Environment and Korea Environment Corporation. 2008. 2006 IPCC Guidelines for National Greenhouse Gas Inventories (2th), 6-57.
7 KDI. 1999. A study on standard of preliminary feasibility study (1st), 1-7.
8 KDI. 2004. A study on standard of preliminary feasibility study/Revision Complement (4th), 44-150.
9 Kim JS. 2006. A feasibility analysis on the flower marketing complex in Yeoungnam region. Kor J Food Mark Econ 23, 87-112.
10 Kwon OS. 1999. Environmental Economics. Ahn JM ed. Pakyoungsa, Seoul, 325-335.
11 Lee BG. 1989. Modern trawl fishing method. Taejichulpansa, Busan, 30-37.
12 Lee BG and Lee DJ. 1993. Offshore bottom.trawl fishing method: the principle and practice. Taejichulpansa, Busan, 26-41.
13 Lee K, Lee CW, Yang YS and Lee J. 2012. Development of a low-energy used large midwater trawl using a numerical method. J Kor Soc Fish Tech 48, 195-207.   DOI
14 Lee MS, Park DB and Hwang DY. 2007. Cost-Benefit Analysis of the Log House Allotment Garden Businesses. J Kor Rur Tour Assoc 14, 65-83.
15 OMB. 1992. Guidelines and discount rate for benefit-cost analysis of federal programs. OMB Circular, No. A-94.
16 Park SK, Park SW and Kwon HJ. 2009. Economic analysis of biodegradable snow crab gill met model project. J Kor Soc Fish Tech 45, 276-286.   DOI
17 Park SK, Park SW and Kwon HJ. 2010. Estimation of economic benefits of biodegradable fishing net by using contingent valuation method. J Kor Soc Fish Tech 46, 265-275.   과학기술학회마을   DOI
18 Prado J and Dremiere PY. 1990. Fisherman's workbook, FAO by fishing news books, 141-148.
19 Tyedmers P. 2004. Fisheries and energy use. In Cleveland CJ editor. The encyclopedia of energy. San Diego:Academic Press/Elsevier Science, 683-693.