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http://dx.doi.org/10.12939/FBA.2013.44.3.029

The Estimation and Economic Evaluation of Fisheries Benefit in Jeju Trial Sea Farm Project  

Kang, Seok-Kyu (Department of Business Administration, Jeju National University)
Publication Information
The Journal of Fisheries Business Administration / v.44, no.3, 2013 , pp. 29-46 More about this Journal
Abstract
The purpose of this study is to evaluate the economic validity of artificial reefs facilities and seeds release programs in Jeju Trial Sea Farm Project for raising fishing people's revenue. The results of this study show the artificial reefs facilities and seeds release programs have net present value of 15,962.63 million won, internal rate of retrurn 13.86%, and benefit-cost of 1.912 under a 5.5% social discount rate. This suggests that in Jeju trial sea farm project, artificial reefs facilities and seeds release programs increase fisherperson's revenue.
Keywords
Jeju Sea Farm Project; Economic Analysis; Fisheries Benefit; Artificial reefs Effect; Seeds Release Effect;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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