• The Journal of Fisheries Business Administration
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• v.44 no.3
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• pp.103-109
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• 2013

This paper analyzed that the economic effectiveness of the artificial fish reef project in the Tae-an Marine Ranching. Benefit-cost(B/C) model used to indicate the effects of economic valuation. B/C model is based on the sub-models which are Benefit Cost Ratio(BCR), Net Present Value(NPV) and Internal Ration of Return(IRR). First, the Sum of Incremental Benefit and Cost for total vessel by year in Artificial Fish Reef Area(AFRA) estimated 2,381 million won. And then, using 5.5% discounting rates and the survey data, the sub-models showed economically feasible in the all of analysis and analyzed the results as follows. BCR is 2.66, NPV is 28,014million won, and IRR is 22.78%. In conclusion, these results indicated that the artificial fish reef project in Tae-an Marine Ranching would be increase the income of fishermen as well as fish biomass.

• Journal of Advanced Marine Engineering and Technology
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• v.31 no.8
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• pp.1005-1012
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• 2007

This study describes the optimum structure and deployment of an abalone reef for marine ranching creation in Jeonnam archipelago of Korea. The structure of an abalone reef was analyzed based upon the functions of both feeding and shelter. Deployments of abalone reefs were considered based upon the stability against waves in water depth shallower than 5 m. Also, the calculation of their stabilities was made to only rocks of abalone modules, and exposure coefficient of rocks used was 1.0 and 0.5. The results show that rocks of both 0.2 and 0.5 ton are unstable under the condition that exposure coefficient is 1.0 at a depth of 5 m, but that they are stable under the condition that exposure coefficient is 0.5. It means that, if the structures(e.g. breakwater blocks) for dissipating the energy of waves and currents are provided, small rocks of 0.2 ton can be used as an abalone reef.