• The Journal of Fisheries Business Administration
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• v.48 no.1
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• pp.51-71
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• 2017

We explore each of the three major domestic fishery product markets in South Korea- Frozen Squid, Frozen Hair tail and Dried Anchovy- to assess whether we can find evidence for Law of One Price (LOP) across the five major cities- Seoul, Dae-Jeon, Dae-Gu, Gwang-Ju and Busan. To achieve our aim, we utilize two different types of unit root tests: Augmented Dickey-Fuller (ADF) and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) unit root test. In each of the three fishery product markets, we find evidence in support of LOP among several cities, which confirms that these markets are integrated to a certain extent. In particular, we find stronger evidence of LOP for Dried Anchovy market relative to the other two fishery product markets. Based on our findings, we argue that the Dried Anchovy market exhibits a greater degree of market integration across the five major cities in South Korea compared to the other two fishery product markets. The greater degree of market integration in the Dry Anchovy market is facilitated by its higher substitutability across cities; taken together these findings show that the market for Dried Anchovy in South Korea is more efficient than the markets for Frozen Squid and Frozen Hair tail.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.59 no.3
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• pp.271-278
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• 2023

This study aims to analyze the income structure, cost structure, and profit structure based on data related to the business performance of the boat seine fishery from 1990 to 2020, and to identify the direct and indirect factors affecting fishery profitability through panel regression analysis. The main analysis results are as follows. First, it was found that fish catch has a significant amount of impact on fishery profitability, which is a key factor in improving the profitability of anchovy boat seine fishery. Second, it is necessary to develop carbon-reduced fishing gear, develop fleet-reduced fishing gear, and improve the operating system in order to increase fishery profitability for the short run. Third, it is necessary to create and maintain sustainable profitability for the long run, the continuous fishing vessels buyback program, an active responses to climate change, and the follow-up investigations about marine aggregate extraction in the south sea EEZ are needed.

• The Journal of Fisheries Business Administration
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• v.38 no.2
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• pp.103-129
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• 2007

Prior research on the fishery village tourism has mainly focused on the development and activities in the field, but lacking in strategic approaches. To overcome such a limitation, this study intends to measure visitors' authenticity on Gijang Anchovy Festival, test reliability and validity of the measurement items, and to identify the relationships among variables by a regression analysis of visitors' satisfaction. Authenticity means the value of existence. The types of tourism in fishing villages have been classified as fishery tourism, resource tourism and ecotourism and each of them has its own authenticity. Based on previous research, this study classified it into three factors such as objective authenticity, experiential authenticity and inauthenticity. To analyze the current situation of Daebyeon Anchovy Festival, measurement scales were developed and survey was conducted on the visitors for the three days from April 20 to 23, 2007. A total of 211 questionnaires were distributed and 208 were collected, The questionnaire contains 25 items on authenticity and 4 items on satisfaction and all the items were measured on the 7 Likert scale. It also has 8 items on demographic characteristics. On the test of reliability and validity of the authenticity, 24 items were used, Cronbach's was 0.7 and correlation was higher than 0.3. Factors of objective authenticity, experiential authenticity and inauthenticity were drawn from the factor analysis, which means that the 24 items may be used to measure authenticity of fishery festivals. The findings show that the evaluation score was 4.89 for objective authenticity, 4.36 for experiential authenticity, and 4.24 for inauthenticity. On the test of the hypotheses, the path coefficients were estimated 0.087 for objective authenticity, 0.202 for experiential authenticity and 0.503 for inauthenticity on the visitors' satisfaction. This suggests some meaningful marketing strategies for Gijang Anchovy Festival. First of all, the anchovy festival should focus on motivating visitors to revisit the festival by identifying individual traits, making a pleasant festival oriented toward family visitors, and providing more experience programs about anchovy.

• Journal of Fisheries and Marine Sciences Education
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• v.18 no.1
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• pp.19-30
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• 2006

For fishery stock assessment and optimum sustainable yield of anchovy in Korea, surplus production(SP) models and a maximum entropy(ME) model are employed in this paper. For determining appropriate models, five traditional SP models-Schaefer model, Schnute model, Walters and Hilborn model, Fox model, and Clarke, Yoshimoto and Pooley (CYP) model- are tested for effort and catch data of anchovy that occupies 7% in the total fisheries landings of Korea. Only CYP model of five SP models fits statistically significant at the 10% level. Estimated intrinsic growth rates are similar in both CYP and ME models, while environmental carrying capacity of the ME model is quite greater than that of the CYP model. In addition, the estimated maximum sustainable yield(MSY), 213,287 tons in the ME model is slightly higher than that of CYP model (198,364 tons). Biomass for MSY in the ME model, however, is calculated 651,000 tons which is considerably greater than that of the CYP model (322,881 tons). It is meaningful in that two models are compared for noting some implications about any significant difference of stock assessment and their potential strength and weakness.

• Journal of Food Hygiene and Safety
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• v.34 no.6
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• pp.562-570
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• 2019

The heavy metal concentrations in dried seafoods commonly consumed in Gyeonggi-do were analyzed. Concentrations of lead (Pb), cadmium (Cd), mercury (Hg) and selenium (Se) were measured in 95 samples with an inductively-coupled plasma-mass spectrometer (ICP-MS) and an Hg analyzer. The average concentration [mean±SD(minimum-maximum) mg/kg] of heavy metals were as follows: Pb 0.062±0.071(0.002-0.428), Cd 0.083±0.100(0.004-0.540), Hg 0.012±0.012(N.D-0.054) and Se 0.839±0.371(0.362-2.124). All the levels were below the recommended standards of the MFDS (Ministry of Food and Drug Safety). In the comparison of heavy metal content by anchovy size, it was shown that mercury was significantly higher in large anchovy (P<0.05). Selenium levels were found to differ significantly in small anchovy and large anchovy (P<0.05). Pb, Cd and Hg were significantly higher in Tiger prawn among shrimp (P<0.05). The heavy metal and selenium levels of anchovy and shad were highest in the intestine. However, the heavy metal and selenium levels of shrimp were highest in the head. In addition, weekly (monthly) intake of mercury and cadmium from dried seafoods was found to be 0.712% and 2.978% of PTW(M)I (Provisional Tolerable Weekly(Monthly) Intake) respectively. Therefore, it was found that dried seafoods were safe for consumption.

• Journal of Fisheries and Marine Sciences Education
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• v.27 no.6
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• pp.1745-1754
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• 2015

This study aimed to analyze the relationship between sea temperatures and anchovy catch of Anchovy drag net fishery using annual time series data from 1970 to 2013. In the analysis, time series data on variables (CPUE, sea surface temperature, and 10m temperature) were estimated to be non-stationary from unit root tests, but one long-term equilibrium relation among variables was found from a cointegration test. From an exclusion test, a 10m temperature would not have relations with CPUE and sea surface temperature. The result of regression analysis on sea surface temperature and anchovy catch indicated that the sea surface temperature would have positive impacts on the anchovy catch. It means that when the sea surface temperature would increase, all other things including the current level of fishing effort being equal, the catch of anchovy was predicted to increase. More specifically, the result showed that when 1% of sea surface temperature increases, CPUE would be increased by 2.81%.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.32 no.3
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• pp.223-234
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• 1996

Distribution of Anchovy was analyzed from the experimental operations by the small anchovy drag net fishery in the coastal area of Yang yang - gun and Myongju - gun of Kangwon Province from October to December, 1994. Temperature ranged from $11.4^{\circ}C.$to $17.4^{\circ}C.$throughout the experimental period. Fishes caught by experimental operation vessels were composed of anchovy, Clupanodon Punctatus, Pleuronectidae, Tetraodantidae, Acanthopagrus Schlegeli etc., and the anchovy occupied more than 99.6% of the total catch. Anchovy was characterized by the most abundance of the catch for the individual less than 6cm and the gradual increase after October for those larger than 6cm. CPUE(catch per tow) of anchovy was 684kg in October, 784kg in November, 1,590kg in December and mean CPUE of 3 months from October to December was 1,066kg. Fishing grounds of anchovy were formed in coastal area, from $37^{\circ}$45'N to $38^{\circ}$04'N, off Kangwon Province. Distribution density of anchovy in Chumunjin - up, Kyohang - ri Sachon - myon, and Sachonjin - ri coasts was higher than the other areas. Anchovy caught in this surveyed area was recruited from July to September at the length class between 2cm and 3cm, and grew to the sizes between 4cm and Bem in October, between 5cm and tcm in November, between tcm and Bem in December. Recruitment of anchovy increased from July to September and suddenly decreased after September. Individual number of the population was the largest during the period from August to October and gradually decreased after October. Biomass continuously increased after August, and was the largest in December.

• Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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• v.9 no.12
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• pp.439-451
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• 2019

This study is about the historical records of anchovy which has fluent nutritions as well as the representative side dish in Korean food culture and life. The formal first record about anchovy is in the Uhaeieobo written by Damjeung in 1803. Another important historical record about anchovy are Hyeonsaneobo(Jasaneobo) written by Jeong Yak-jeon in 1814, and Eomyeonggo(Fish name list) of Nanhoeomogji written by Seo Yu-gu in 1820. The anchovies were used for food in Korea even before the Chosun Dynasty, but they were not noticed by people. Because at that time, fishing tools and instruments such as nets were not developed enough to raise enough catches and food processing technology were not developed. Since then, in the Japanese colonial era, it has been actively developing agricultural fertilizers using anchovies. In addition, the processing technology that can be used as an edible food using anchovy has been rapidly developed. Now, the anchovy industry has very important position in Korea's fisheries industry. Among them, 'Jukbangryum anchovy' catching bamboo weir tool which has been existed for over five hundred years in Namhae province, not only creates great high economic value, but also has cultural value. Therefore, the historical literature study on anchovy can be used as an invaluable resource not only for the study of fishery from an industrial point of view, but also for the registration of world cultural heritage and GIAHS (Globally Important Agricultural Heritage System) of 'Jukbangryum' which is traditional fishery catching instrument in Korea.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.16 no.4
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• pp.341-348
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• 1983

The Relationship between the distribution of the fishing grounds of anchovy and the oceanographic conditions in the Korean Waters are investigated by using the data of the catch of anchovy by the gill net fishery (Fisheries Research and Development Agency, 1969-1982) and the oceanographic observation data (Fisheries Research and Development Agency, 1979). The main fishing ground of anchovy by the gill net fishery was five fishing areas located in the adjacent seas of Sockcho, Kuryong-po, Kijang, Keoje island and Chungmu, the area of which occupies no more than $20\%$ of all fishing grounds, and it appeared that about $80\%$ of mean catches of fourteen years was concentrated in this area. The main fishing periods were from April to June and October to November. The coefficient of variation of the catch for the main fishing ground were from 0.3 to 0.6 and the condition of all fishing ground was generally stable. The mean CPUE was 81.2 kg/set at the main fishing ground. The annual mean catch of anchovy by the gill net was the smallest in February and the largest in May through a year. It was found that the fluctuation is related to the expansion and reduction of the isothermal line of $10^{\circ}C$.

• Environmental and Resource Economics Review
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• v.25 no.4
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• pp.517-543
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• 2016

This study aims to analyze economic impacts for changes in the oil cost of the anchovy boat seine fisheries in South Korea. As analytical approach, this study employs the exponential surplus production model to estimate the maximum sustainable yield and also utilizes the bioeconomic model to calculate changes in producer surplus of the anchovy boat seine fisheries under the open access responding to changes in the oil cost. As the result of analysis, increases in the oil cost due to prohibition of duty-free oil supply result in the negative impacts to the producer surplus of the anchovy boat seine fisheries in South Korea. However, increases in the oil cost of the anchovy boat seine fisheries lead voluntary exit to fishermen which can no more run their business. As a result, this study shows that fishing efforts of the anchovy boat seine fisheries reduce under the fishing efforts of the maximum sustainable yield ($F_{MSY}$) and stock of the anchovy increases.