• The Journal of Fisheries Business Administration
• /
• v.29 no.2
• /
• pp.163-175
• /
• 1998

The decrease of the fishery's business performance is due to the changes of environment-the increase of cost, the reduction of resources, the liberalization of import, the effectuation of the admiralty law Though the government has prepared the alternative policy to strengthen the competitive power of the fishery, fishermen should draw up a plan to improve the business performance. The problems of the small powered purse seine resulting from the small scale of the fishing boat is following. First, its catching activity in the sea is riskful. Second, the space to eat and to work is not enough. Third, the space to put the fish is not enough, it is hard to maintain the freshness of the fish. Therefore it is necessary to solve these problems for the scale of the fishing boat to have to be enlarged. The enlargement of the fishing boat to be required much expenditure of fund is the important investment decision to fishermen. The alternatives evaluation between the existing boat(defender) and the new boat enlarged with the new equipment(challenger) is necessary process to reduce the uncertainty of investment. The profitability of the challenger is better than that of defender due to the reduction of cost and the increase of revenue. Because the net present value of incremental cash flow is positive, it is rational for fishermen to accept the challenger.

• Journal of the Korean Society of Fisheries and Ocean Technology
• /
• v.54 no.4
• /
• pp.333-342
• /
• 2018

In order to manage and rebuild fishery resources, the fishing effort should be controlled effectively. Especially in the setting up of the proper level of fishing efforts, economic standards as well as biological standards must be carefully considered to promote the sustainable and economically viable development of fisheries. This study is aimed to estimate optimal fishing effort of giant octopus by combo fishing which uses longline in Gangwon with statistical data. The result showed that current fishing effort is 28% higher than $E_{MEY}$. Unit fishing cost for each voyage will be 27% lower and unit fishing profit will be 17% higher than the current situation when the fishing effort meets $E_{MEY}$. Although current fishing effort is similar to the $E_{MSY}$, current catching is 16% higher than MSY and 22% higher than MEY.

• Journal of the Korean Society of Fisheries and Ocean Technology
• /
• v.36 no.1
• /
• pp.12-24
• /
• 2000

The electro-hydraulic servo winch system built in a automatic tension control equipment was designed with a latent need for an advanced system in fishing operations of the inshore and coastal fishing vessels. In order to keep the constant tension condition of warp under loading, a tension control circuit was added to the servo winch system.The dynamic performance in the open loop behaviour of the designed winch system was investigated and its applicability was tested for various possibilities of load using a load generator especially developed in order to this study.The mechanical characteristics of this system is different from that of a conventional type, that is, the tension, length, line speed and drum revolution can be automatically controlled by the information from various sensors, such as torque, rpm and pressure transducers. from the experiment results, it was verified that the servo winch system has very good output and tracking behaviour for the control input signals in different operating conditions though overshoot of out 8% in the transient characteristics of torque under the load though a overshoot of about 8% in the transient characteristics of torque under the load condition can be observed when the opening of servo valve, adjustable by the input voltage between - 10 V up to 10 V, changed suddenly.Consequently, the improved fishing winch system can be effectively used as the automatic shooting and hauling equipment of low cost for small inshore and coastal fishing vessels which engage in net fishing.

• Journal of Fisheries and Marine Sciences Education
• /
• v.10 no.2
• /
• pp.184-210
• /
• 1998

The set-net fishing is involved in the trap fishing method that intercepts the fishes migrating along the coast and induces them to be in the bag net stretched in advance. And this fishing also corresponds to the licensed fishing in fisheries law. Though its annual total production of around 50,000 to 70,000 M/T is less than in other fishery section, its price becomes higher because the fishes are sold in the live fish condition. Until recently, the set-net fishing is one of the preferred fisheries on account of its less operation expense and stably operating condition in a long term. In the meantime, the industrialization in Korea having been prospered along coastal area and the over fishing in terms of the powered and larger size fishing boat make the fishing ground environment worse yearly. In addition, its difficulty becomes more worse with issuing fishery product free import in July 1997; accordingly, the strategy for the set-net fishing through business rationalization should be considered. From the discussion of the sort of set-net, general present situation and operating actual state of set-net fishing, the improved methods for business rationalization in the present paper is proposed as follows: 1. to increase the fisheries resource through prevention of the marine contamination and purification of coastal area environment. 2. to save the labour cost through the improved the fishing gear. 3. to improve the fish quality through development of the process technology. 4. to increase the income of fishers through improvement of the distribution channels.

• The Journal of Fisheries Business Administration
• /
• v.25 no.1
• /
• pp.1-17
• /
• 1994

Coastal economic activities usually generate externalities to other economic activities. The conflicts between coastal economic activities, especially land fillings and reclamations, and fisheries in coastal waters pose a typical one, which sometimes causes some social conflicts. In this regard, as the contents and requirements for rules and regulations on fisheries compensation may have important implications for solving such problems, important is to review rationales fur the formulas in calculating fisheries compensation. The purpose of this paper is to review the formulas for fisheries compensation from the economic view points, to highlight some problems and to suggest more appropriate formulas. It is found that the current formulas of fisheries compensation are not properly based on economic concepts and valuation techniques. Main problems are related, as followings, to the coefficient(0.8) employed in the formula, to fishermen's own wages and to current values of invested assets such as fishing boats and nets, etc.. First, it is not clear what the coefficient(0, 8) means. In Japan's case, the coefficient was assumed to reflect the opportunity cost of fishermen's own wages, but it was disappeared from the formula after the self-wage came to be included in totaling fishing cost. As our new formula will include the self-wage in fishing cost, the coefficient(0.8) should be excluded. Second, according to our formula, the current value of invested assets is added to total operating compensation, which will overestimate total compensation. Therefore, it is suggested that total present value of the assets to be invested during the business life should be deducted from total operating compensation. Third, as the self-wage will be included in total cost, opportunity cost for finding new jobs should be newly added to the formula. Finally, this paper also conducted a comparative case study considering above-mentioned factors. The case study showed that the current formulas overestimated total fisheries compensation.

• Environmental and Resource Economics Review
• /
• v.12 no.2
• /
• pp.299-325
• /
• 2003

This study uses Conrad's model(nominal fishing effort) of a fishery to analyze theoretically the effects of cost changes on fishing effort, harvest level, and stock size. Static and dynamic open access effects are also modeled present value maximizing scenarios through simulations, and compared an extended model, Cunningham's model(diminishing fishing effort). Results show that an increase in the unit cost of effort goes up the fish stock in static open access, but open access dynamics shows the exhaustion of fish stock as the unit cost of effort decreases. In conclusion, we can derive the optimal equilibrium of resource, given conditions and parameters, as well as utilize this comparative statics to efficient fishery management.

• Journal of Fisheries and Marine Sciences Education
• /
• v.20 no.3
• /
• pp.429-441
• /
• 2008

The purpose of this study aims at analyzing the profit from manage a fishing place in the cultivating fishery by embankment. With the spread of the living pattern laying stress on the quality of life and the introduction of a 5-day workweek system, demand for tourism and leisure are increasing steadily and available time for them is getting longer. However, those newly-increasing demands for tourism and leisure will have a tendency of focusing on adventurous and experiential activities. From the point of view, it is needed to develop something new that can meet those kinds of demands for an experiential tourism and activity, particularly based on the cultivating fishery by embark a bay. Marine recreational fishing is one of the most popular outdoor leisures and the number of people who are participating is sharply increasing more and more because of the increasement of their income and demand for marine leisure. In this regard, this paper is focused on the economic analysis a fishing place in the cultivating fishery by embankment. According to the analysis result, the cultivating fishery by embankment is a profitable business operating fishing place in their place.

• The Journal of Fisheries Business Administration
• /
• v.46 no.2
• /
• pp.1-11
• /
• 2015

Due to the environmental changes such as decreasing and aging fishing population and increasing imported marine products, improvement of fishing business competitiveness has become one of important issues. This study aimed to analyze the coastal fishing business units in Busan region and compare their business performances in order to find out success factors. The logistic regression analysis between 4 determination factors of competitiveness and business performances showed that the ship tonnage in the factor conditions, catch of species of fishing types'kg per price in the demand conditions, cooperative sales ratio in the related & supporting industries, and net per cost in the firm strategy, and structure & rivalry had the positive(+) impacts on business performances.

• Journal of the Korean Society of Fisheries and Ocean Technology
• /
• v.24 no.1
• /
• pp.30-35
• /
• 1988

An electrical power generation system driven by main engine shaft, briefly SG system for middle or small size fishing boat is studied experimently. In the SG system, power transmission is performed by a variable displacement hydraulic pump driven by the main engine and a constant displacement hydraulic motor. It was verified that the SG system enabled the generation of electrical power with constant frequency regardless main engine speed. In the SG system, setting reference frequency, sensing generator output frequency and setting controller parameters are performed by performed by programming in a microcomputer, so a countermeasure for physical situations of control object is very easy. Futhermore, the SG system has following features; low initial installation cost, wide freedom of installation in engine room, advantage of application in existing ships, especially fishing boat with hydraulic fishing equipments.

• The Journal of Fisheries Business Administration
• /
• v.49 no.4
• /
• pp.109-129
• /
• 2018

This study is to evaluate economic effect of the creation project of Octopus Ochellatu spawning and habitat ground in Taean County. The main results of this study are summarized as follows: first, the creation project cost of Octopus Ochellatus spawning and habitat ground invested in Taean from 2015 to 2017 was 3,400 million won. Second, The creation project of Octopus Ochellatus spawning and habitat ground directly provides fishing benefits, recreational boat fishing benefits, festival benefits, research and development benefits, and employment benefits. Third, on the basis of above benefits, the creation project of Octopus Ochellatus spawning and habitat ground has a net present value of 14,478 million won, internal rate of return 60.8%, and benefit-cost of 5.03 under a 4.5% social discount rate. Also, the creation project creates 47 jobs. This indicates that the creation project of Octopus Ochellatus spawning and habitat ground contributes not only to the increase in the income of coastal fishery, recreational boat fishing business and fishing villages but also to the job making. In conclusion, with all these results, a project for making spawning grounds and habitats in the specified region gives species more numerically abundant and this gives more profits to fishermen in the coastal area. In addition, this project helps to make attractions to visitors or people who came to those specified regions to participate in events or have recreation, which means it improves profits to that fishing village and improve a settlement condition.