• Environmental and Resource Economics Review
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• v.31 no.4
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• pp.451-480
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• 2022

The Japanese Flying Squid (Todarodes pacificus) is a commercially important species in South Korea and the most popular species among consumers. However commercial catches of Japanese Flying Squid have been declining since 2000. In this study, we conducted a stock assessment to identify stock status. This study differed from previous studies in two aspects: a greater amount of available fishing effort data was used, and data from China, Japan, and Korea were included. A CMSY (catch-maximum sustainable yield) model was used to estimate MSY, biomass and exploitation with Bayesian state-space implementation of the Schaefer (BSS) model for the method of stock assessment, and evaluated the species by dividing into two groups, 'Korea' and ' Korea·China·Japan'. In all cases, Japanese flying squid biomass showed a general decreasing trend. Additionally, the biomass estimated for 2020 was lower than the biomass necessary to achieve the maximum sustainable yield. To manage Japanese Flying Squid effectively, it is necessary to strengthen the resource management strategies of individual countries and prepare a cooperative plan among countries.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.54 no.1
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• pp.38-53
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• 2018

The purpose of this study is to estimate potential yield (PY) for Korean west coast fisheries using the holistic production method (HPM). HPM involves the use of surplus production models to apply input data of catch and standardized fishing efforts. HPM compared the estimated parameters of the surplus production from four different models: the Fox model, CYP model, ASPIC model, and maximum entropy model. The PY estimates ranged from 174,232 metric tons (mt) using the CYP model to 238,088 mt using the maximum entropy model. The highest coefficient of determination ($R^2$), the lowest root mean square error (RMSE), and the lowest Theil's U statistic (U) for Korean west coast fisheries were obtained from the maximum entropy model. The maximum entropy model showed relatively better fits of data, indicating that the maximum entropy model is statistically more stable and accurate than other models. The estimate from the maximum entropy model is regarded as a more reasonable estimate of PY. The quality of input data should be improved for the future study of PY to obtain more reliable estimates.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.52 no.4
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• pp.386-393
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• 2016

It is essential to provide good environment for juvenile fish to grow and spawn in order to keep reproduction mechanism of fisheries resources. However, harvesting juvenile fish deprives adult fish of the opportunity to reproduce, thereby changing self-regulating renewable resources into non-renewable ones and preventing sustainable harvesting as well as reducing fishers' income. We reviewed the catch status of Korea on juvenile mackerel and analyzed how reducing the catch ratio of juvenile mackerel may affect the spawning stock and Korean fishermen's revenue. In addition, we analyzed the problem of caching juvenile mackerel in Korean fisheries and current efforts to protect and reduce the catch ratio of juvenile mackerel in Korea. Furthermore, we suggested future efforts to protect juvenile mackerel. The result of the study showed that reducing the catch ratio of juvenile mackerel from 44.4% to 30.0% would increase fishers' revenue by 60.6 billion KRW. We suggest the changing of purse seine fishery's catching methods from night operation to day operation, relocation of fishing vessels to move to other fishing grounds when fishing vessels meet high density of juvenile mackerel, and consumers' clever choice of consuming adult mackerel in order to accelerate the move toward protecting juvenile mackerel in Korea.

• The Journal of Fisheries Business Administration
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• v.44 no.1
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• pp.81-90
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• 2013

This study is aimed to analyze economic effectiveness of the sea cucumber seed releasing program in Gyeongsangbuk-do region. Based on the surveyed data, the production value of released sea cucumber and the seed releasing program cost are estimated and compared to determine the economic validity of the sea cucumber seed releasing program. Results show that the B/C ratio, as an indicator of economic evaluation, is 2.0, indicating that the sea cucumber seed releasing program in Gyeongsangbuk-do region would be economically feasible under the current production and market conditions. Sensitivity analyses of main variables indicate that the economic effectiveness can be increased when the recapture rate would be increased and the seed price of sea cucumber would be decreased.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.56 no.1
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• pp.37-44
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• 2020

The change of fishing power index was analyzed to identify the development of the vessel and gear technology that may improve the fishing efficiency of the offshore conger eel pot fishery from 1980s to 2015. Gross tonnage per fishing vessel was rapidly increased annually. The standard of pot was maintained, but the number of pot used rapidly increased by using conger eel pot hauling devices, carrying and loading devices, main line hauler, casting devices and slide type pot. Fish finder system to identify fishing ground information and the conger eel pot hauling devices were modernized, and supply rate was also increased. Therefore, the relative fishing power index in the offshore conger eel pot fishery increased from 1.0 in 1980 to 1.3 in 1990, to 1.8 in 2000 and to 2.0 in 2015. The results are expected to contribute to reasonable fisheries stock management of the offshore conger eel pot fishery.

• The Journal of Fisheries Business Administration
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• v.18 no.1
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• pp.59-97
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• 1987

Tuna and tuna fishing extend over most of the tropical waters of the world oceans, especially, this study of the Indian Ocean and the fish and the fishing vessels are highly mobile. No country can deal in isolation with the problems of its tuna fishery and of any tuna fishery in its waters, without collaborating with other countries. This cooperation is often best established through some formal international mechanism. The essential requirements are for information-on the resources, the fishery, the trade-and to identify where management actions are needed to consore the resources or to maintain the economic or social function of the fishery. These will also usually require some form of international mechanism. With the changes in the Law of the Sea, the siuuation in respect of management of tuna-considered among the highly migratory species, requirng special treatment-has also changed. At present there are both uncertainty regarding tuna management and political arguments as to how such management can be best implemented. Bearing this in mind, together with the fact that only few tuna stocks have shown clear evidence of serious depletion through over-exploitation, present emphasis will be placed on information requirements. This study included compiling the data necessary to review the state of stoks in the Indian Ocean tuna fishing grounds. Information on the resources-where the fish are, their quantity, their movements, etc. is important, whether in planning development of new fisheries, or considering the need for collaboration with other countries (in ascertaining to what extent their catches may affect catches of the natoinal fleet) or for conservation measures. A major source of information is the statistics of for conservation measures. A major source of information is the statistics of catch and fishing effort from existing commercial vessels. These need to be assembled for all fisheries on the same stock on an oceanwide basis. The statistical data also need to be analysed and intepreted, and combined with biological data(e.g., on growth, mortality and migration rates) to provide information that is intelligible and useful for administrators and other decision-makers. This must also be undertaken on a resource-wide or ocean-wide basis. Finally, because of the world-wide similarities in the methods of datching, processing and marketing fish, there is a particular tut not exclusive need in those countries just beginning to develop their tuna fisheries-to have ready access to a syntheis of information on tuna, tuna biology and tuna fisheries and tuna fisheries economics and management on the Indian Ocean.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.34 no.4
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• pp.359-364
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• 2001

This paper presents case studies on the multi-species fisheries in Korean waters, Multi-species fisheries were divided into two types, that is, multi-species by a single fishery and single species by multiple fisheries. For the case of single species by multiple fisheries, the small yellow croaker stock caught mainly by the Korean pair trawl fishery and the Korean stow net fishery was selected. This approach uses both standardized fishing efforts for the two fisheries by a general linear model and some data for the economic analysis, and then estimates maximum sustainable yield (MSY), maximum economic yield (MEY) and fishing efforts for MSY and MEY, An analysis of interaction aspects between pair trawl and stow net fisheries was carried out to predict the optimal level of fishing effort from the economic point of view, which gives the largest benefits to the two fisheries.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.46 no.5
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• pp.598-606
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• 2013

The blackfin flounder Glyptocephalus stelleri is a commercially important species in the East Sea of Korea, but its catches and biomass have decreased gradually in recent years. This study estimated the optimal catch (acceptable biological catch, ABC) for the effective management of this species by estimating population ecology parameters and the stock biomass of blackfin flounder in the East Sea of Korea. The estimated instantaneous coefficient of total mortality (Z) of blackfin flounder was 1.0542/year, the survival rate (S) was 0.3485, and the instantaneous coefficient of natural mortality (M) was 0.3637/year. From the values of S and M, the instantaneous coefficient of fishing mortality (F) was calculated to be 0.6905/year. The age at first capture was 1.304 years, and the total length was 11.5 cm at that time. On the basis of these parameters, the annual biomass was estimated by a biomass-based cohort analysis using annual catch data in weight by year for 1991-2012 in the East Sea of Korea. The annual biomass peaked in 1997 at about 12,800 mt and then subsequently declined continuously to a level of 10,500 mt in 2004 and to 9,800 mt in 2011 and 2012. The maximum sustainable yield and $F_{0.1}$ were estimated as 3,547 mt and 0.3595/year, respectively. Using these estimations, the ABC was estimated to be 3,571 mt in tier 5, 3,397 mt in tier 4, and 2,622 mt in tier 3.

• Ocean and Polar Research
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• v.40 no.4
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• pp.237-247
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• 2018

This study aims to estimate optimal harvests, fishing efforts, and stock levels of hairtail harvested by the large pair bottom trawl, the large otter trawl, the large purse seine, the offshore long line, and the offshore angling fisheries by using the surplus production models and the current value Hamiltonian method. Processes of this study are as follows. First of all, this study estimates the standardized fishing efforts regarding the harvesting of the hairtail by the above five fishing gears based on the general linear model developed by Gavaris. Secondly, this study estimates environmental carrying capacity (k), intrinsic growth rate (r), and catchability coefficient (q) by applying the Clarke Yoshimoto Pooley (CY&P) model among various surplus production models. Thirdly, this study estimates the optimal harvests, fishing efforts, and stock levels regarding the hairtail by the current value Hamiltonian method, including the average landing price, the average unit cost, and the social discount rate. Finally, this study attempts a sensitivity analysis to figure out changes in optimal harvests, fishing efforts, and stock levels due to changes in the average landing price and the average unit cost. As results induced by the current value Hamiltonian method, the optimal harvests, fishing efforts, and stock levels regarding the hairtail caught by several fishing gears were estimated as 33,133 tons, 901,080 horse power, and 79,877 tons, respectively. In addition, from the results of the sensitivity analysis, first of all, if the average landing price of the hairtail constantly increases, the optimal harvests of it increase at a decreasing rate, and then harvests finally slightly decrease as a result of decreases in stock levels. Secondly, if the average unit cost of fishing efforts continuously increases, the optimal fishing efforts decreases, but optimal stock levels increase. Optimal harvests start climbing and then decrease continuously due to increases in the average unit cost. In summary, this study suggests that the optimal harvests (33,133 tons) were larger than actual harvests (25,133 tons), but the optimal fishing efforts (901,080 horse power) were much less than estimated standardized fishing efforts (1,277,284 horse power), corresponding to the average of the recent three years (2014-2016). This result implies that the hairtail has been inefficiently harvested and recently overfished due to excessive fishing efforts. Efficient management and conservation policies on stock levels need to be urgently implemented. Some appropriate strategies would be to include the hairtail in the Korean TAC species or to extend the closed fishing season for this species.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.54 no.1
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• pp.129-134
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• 2021

This study used the commercial fishing data of Korean high sea bottom longline vessels in the South West Atlantic Ocean from 2013 to 2019 to identify the distribution of fishing grounds of Korean longline vessels. We estimated the CPUE of the Patagonian toothfish Dissostichus eleginoides and the changes in its stock status. The fishing grounds of Korean longline vessels were observed to concentrate on the exclusive economic zone (EEZ) boundary between Argentina, Uruguay, and Falkland owing to the high seas of 41-55 °S in the south and 49-60 °W in the west. A high intensity of fishing was seen in the middle area, which was horizontal from the 3.1 subarea. In all the three subareas, CPUEs have had the tendency to decline since 2013. Although the CPUEs in the 3.2.1-2 subareas were the highest in each subarea, there was no significant difference in each subarea (P>0.05). It is believed that the establishment of a regional fisheries organization or the strengthening of the management of FAO is necessary for the management of Southwest Atlantic fisheries and sustainable fishing, because the portion and scope of Korean longline vessels are very low in the Southwest Atlantic; however, the CPUE is estimated to have declined.