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http://dx.doi.org/10.3796/KSFOT.2019.55.3.206

Comparative analysis of stock assessment models for analyzing potential yield of fishery resources in the West Sea, Korea  

CHOI, Min-Je (Department of Marine & Fisheries Business and Economics, Graduate school, Pukyong National University)
KIM, Do-Hoon (Department of Marine & Fisheries Business and Economics, Pukyong National University)
CHOI, Ji-Hoon (Coastal Water Fisheries Resources Research Division, National Institute of Fisheries Science)
Publication Information
Journal of the Korean Society of Fisheries and Ocean Technology / v.55, no.3, 2019 , pp. 206-216 More about this Journal
Abstract
This study is aimed to compare stock assessment models depending on how the models fit to observed data. Process-error model, Observation-error model, and Bayesian state-space model for the Korean Western coast fisheries were applied for comparison. Analytical results show that there is the least error between the estimated CPUE and the observed CPUE with the Bayesian state-space model; consequently, results of the Bayesian state-space model are the most reliable. According to the Bayesian State-space model, potential yield of fishery resources in the West Sea of Korea is estimated to be 231,949 tons per year. However, the results show that the fishery resources of West Sea have been decreasing since 1967. In addition, the amounts of stock in 2013 are assessed to be only 36% of the stock biomass at MSY level. Therefore, policy efforts are needed to recover the fishery resources of West Sea of Korea.
Keywords
State-space model; Bayesian inference; Observation-error model; Surplus production model; Maximum sustainable yield;
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