• The Journal of Fisheries Business Administration
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• v.48 no.2
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• pp.33-51
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• 2017

The purpose of this study is to estimate conservation value of fisheries resource protected area by the double-bounded dichotomous choice contingent valuation method. The data in this analysis come from a survey of respondents of resident in fisheries resource protected area using a proportional stratified sampling from the population. The questionnaires covered all the 5 fisheries resource protected area and the sample size of every protected area was 120 questionnaires. The survey period was from August to October in 2016. Above all, the average willingness to pay amount(WTP) per person of Namhae-Tongyoung I, Namhae-Tongyoung II, Jindong bay, Hansan bay, Cheonsu bay is estimated \6,215, \13,215, \6,405, \9,785, and \10,390 respectively. And, the total value of Namhae-Tongyoung I, Namhae-Tongyoung II, Jindong bay, Hansan bay, and Cheonsu bay is evaluated \108.8 billion, \357 billion, \118 billion, 210.2 billion, \ 245.8 billion respectively. Moreover, the yearly value of Namhae-Tongyoung I, Namhae-Tongyoung II, Jindong bay, Hansan bay, and Cheonsu bay is evaluated \6 billion, \19.6 billion, \6.5 billion, 11.6 billion, \ 13.5 billion. In conclusion, fisheries resource protected area has the higher conservational value. Consequently, it is essential for now or future generation's use of fisheries resources. In light of the fisheries resource protected area's value and importance, this should be promoted to the public including the local community who utilizes fisheries resource protected area wisely. Also, this suggests that the policy for fishery resource's creation and management is needed in fisheries resource protected area.

• Environmental and Resource Economics Review
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• v.13 no.4
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• pp.657-684
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• 2004

This study is a theoretical bioeconomic analysis to analyze the effectiveness of Marine Protected Area (MPA) implemented in different stock spatial distributions: Closed System, Source-Sink System, and Density-dependent System. In the analysis, an economic impact of vessel activities is also included and a joint effectiveness of MPA and input control is investigated as well. Results of the analysis show that total fisheries stocks are increased in all systems. However, total harvests are decreased when MPA is implemented in the closed system and in the sink patch of source-sink system. On the contrary, total harvests are increased or decreased according to the rate of stock migration and the level of fisheries stocks in the source patch of source-sink system and in the density-dependent system. Specifically, total harvests are increased more significantly as the rate of migration increases and the level of stock increases higher. In addition, the increase in fishing efforts is restricted due to the increase in fishing cost. Therefore, fishing efforts could not be increased greatly in the fishable area. When input control is combined with MPA, the total stocks could be more increased.