• The Journal of Fisheries Business Administration
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• v.44 no.3
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• pp.29-46
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• 2013

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.

• The Journal of Fisheries Business Administration
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• v.40 no.3
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• pp.29-49
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• 2009

There are various types of predictable economic benefits to restoring beneficial uses from contaminated marine sediment cleanup. These benefits can be derived from reduction in aquatic animals died or infected, increase in their consumption recovery, increase in tourism including recreational fishing, reduction in human health risk, increase in amenity and aesthetics, increase in ecosystem integrity, and so on. The paper focuses on estimating the net increase in value for producers and consumers from producing and consuming those fish due to the pollution reduction of marine contaminated cleanup project. Almost Ideal Demand System(AIDS) is employed for estimate of the demand for fish, and the production cost function for fish are determined using market data. The result shows 10.8 billion won per year for economic surplus to the net increase for producers and consumers.

• Journal of the Semiconductor & Display Technology
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• v.16 no.1
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• pp.59-64
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• 2017

The general manufacturing problem can be described as the achievement of a predefined product quality with given equipment, cost and time constraints. Unfortunately, for some quality characteristics of a product such as surface roughness it is hard to ensure that these requirements will be met. Stainless steels STS 304 is frequently used as shaft materials in small fiber reinforced polymer(FRP) fishing boats. In this work, the dry turning parameters of STS 304 are optimized by using Taguchi method. The experiments were conducted at three different cutting speeds with three different feed and three different depth of cut. The cutting parameters are optimized using signal to noise ratio and the analysis of variance. The effects of cutting speed and feed on surface roughness was analyzed. The results revealed that the spindle speed is the more significant parameter influencing the surface roughness.

• Journal of Korea Ship Safrty Technology Authority
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• s.24
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• pp.4-20
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• 2008

Stainless steel 304 or stainless steel 630 types using propeller shaft of a small ship or a FRP fishing boat generally restrain localization corrosion and abrasion damage occurrence to shaft bearing or grand packing contact. In general, the residual stress which remains after welding or heat treatment in material can cause the stress concentration or localization corrosion. In case of small ship, stainless steel such as STS304 has long been used for propeller shaft. Meanwhile, crew of small ship tend to reuse damaged propeller shaft after repair by welding and performing heat treatment to save cost. However, it was found that reused propeller shaft by repair often caused troubles in ship's operation. In this study, the basic guideline for maintenance and treatment of propeller shaft are investigated. From the results of investigation, remarkable deterioration of the material properties and corrosion resistance on the welded work part was observed.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2004.11a
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• pp.103-109
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• 2004

As GNP increases, many peoples need the seafood with high quality. In Korea, aquaculture is one cf major incomes for fishing households and records $50.6\%$ of total incomes for domestic fishery. The loss of aquaculture farm due to thievery at sea increases every year. In this research, we propose the system model for development of radar surveillance system, which protects aquaculture farms. For the proposed system, general requirements are described. Our system is cost-effective when it is applied to domestic fishing households.

• The Journal of Fisheries Business Administration
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• v.38 no.3
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• pp.67-88
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• 2007

This study is to estimate the factor weights for a successful sea-ranching project using the Analytical Hierarchy Process. Furthermore, it investigates the policy implications revealed by the differences in group opinions throughout fishermen, government officials, researchers and the scholars when the weights are assessed. The hierarchy is constructed for the 3 levels of factors which must be evaluated for a successful sea-ranching project. The top level of factors is divided by the ecological factors and the socioeconomic factors. As the middle level of factors, there are 3 factors such as the choice of fish, the habitat environment and the production technology under the ecological factors and another 3 factors such as the stability of fishery society, economic factors, and the law & system under the socio-economic factors. And then, at the bottom level of the hierarchy, the economic factors have two different sub-factors such as the fishing revenue and cost. The law & system has also 3 sub-factors such as the accessibility to sea-ranching area, fishing method, and surveillance. The fishermen and government officials show us quite opposite tendencies in assessments of the weights while both the researchers and scholars reveal almost the same opinions positioned at somewhere between first two groups. The study also reports the evaluations of efficiency measures for resource recovery methods among the sea-ranching project, artificial reef, release of fish seeds, and marine protection area. Both the sea-ranching project and marine protection area have the same efficiency in terms of resource recovery while the artificial reef and release of fish seeds are revealed as somewhat less efficient methods comparing to the former two methods.

• Environmental and Resource Economics Review
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• v.19 no.4
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• pp.771-804
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• 2010

This paper estimates optimal production of fish stock using discrete time bio-economic model to make zero profits or to maximize economic profits with maintaining sustainable resource levels under an open access and a sole owner. Particularly, this study generates optimal yields and efforts of large purse seine fisheries which catch mackerel and jack mackerel by using the logistic growth function, Cobb-Douglas production function, fisheries cost and profit functions. As a result, optimal yields of mackerel and jack mackerel under ecological equilibrium of a sole owner were approximately 172,512 tons and 16,937 tons respectively. Also, optimal fishing efforts of mackerel and jack mackerel under the same situation were about 8,508 hauls and 4,915 hauls respectively. In conclusion, the paper suggests that the large purse seine should reduce fishing efforts and increase fish stock to generate higher net present value in optimally managed fishery than that of the present large purse seine.

• Journal of Fisheries and Marine Sciences Education
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• v.17 no.2
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• pp.193-208
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• 2005

The object of this study is to provide a framework of increasing the effectiveness of the R&D planning of experts in fisheries and the education of students with the theoretical background and analytical skills through the adoption of technology roadmapping process in the marine production industry. The study was conducted by fact-finding surveys and the response content for surveys obtained from each expert advisor in the field of fisheries and maritime affairs such as fishery industries, some government organizations and research institutes including the Ministry of Maritime Affairs and Fisheries (MOMAF), National Fisheries Research and Development Institute (NFRDI) and fisheries-related universities was analyzed. The major implementation tasks to effectively achieve the basic goals of technology roadmap for short and middle-term research and development in the fisheries production field are as follows: 1. Research in order to achieve the realization of community-based resource management fisheries or fishermen-oriented co-management fisheries with paradigm shift in fisheries management. 2. Research in order to derive the construction of cost reducing and manpower saving systems in fishery-related science, technology and engineering. 3. Research in order to create the high value-added fisheries products with a focus on the upgrading of processing, freezing and refrigerating facilities, the reduction of logistics costs and the minimization of distribution steps. 4. Research in order to achieve the realization and development of environmental-friendly fisheries and internationally competitive fisheries through restructuring the entire fishing industries, in particular, small-scale fisheries. 5. Research in order to achieve the effective utilization of fisheries resources with a new creation of clean and living marine environment by fisherman under the balanced management and protection of marine living resources and fishing grounds.

• The Journal of Fisheries Business Administration
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• v.49 no.1
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• pp.67-89
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• 2018

In fisheries, as well as in other natural resource-based industries, there is difference between profit and rent. The former is a basic indicator for gauging the business performance of firms, while the latter is for the evaluation of the contribution of resources and industry to economic welfare. Put simply, resource economists are mainly concerned about rent, including pure resource rent and producer surplus (intra-marginal rent [IMR]). In other hand, business economists are mainly concerned about the profitability of the firms comprising the industry. In the academic literature, there are not always clear definitions of the profit and rent concepts and their use in actual analyses. This article will mainly discuss and clarify differences and similarities in profit and rent concepts. In the classical fisheries economic model with one-dimensional homogenous effort and a constant cost per unit of effort, no rent exists in open-access equilibrium. A simple change in this model, for example by introducing heterogeneous effort, opens it to the existence of rent, specifically IMR, at open-access equilibrium. We estimated resource rent and profit from the data using SNA(system of national accounts) and accounting data methods. RR(resource rent) is composed of value-added, compensation of employees, consumption of fixed capital and normal profit in SNA. RR(resource rent) is composed of EBT, Depreciation of fishing rights, financial costs of fishing rights and calculated interests on equity in accounting data methods. We found that the result of two methods is equal. RR is composed of excess profit, rent and interest expenses. In Korea, the magnitude of RR and profit is not different significantly.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2015.10a
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• pp.623-625
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• 2015

Recently, the cooling water of power plant was included in RPS(Renewable Portpolio Standard) as water heat energy. Thus the trend of cooling water application is growing bigger for agriculture and fishing industry. Especially as energy consumption cost in agriculture and fishing industry is a vital element, the interests for energy efficiency is growing bigger. The advanced agriculture country like Netherlands is distributing diagnosis software to the farmers based on ICT diagnostic system for the efficient energy consumption and energy demand amounts depend on crops of cultivation in automated horticulture. Hereafter, in the preparation of the expansion of the automated agriculture domestically by the cooling water of power plant, we would like to propose the energy application case(Greenery) in the advanced countries abroad in agriculture and EMS system about the application of the cooling water in power plant.