• The Korean Journal of Malacology
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• v.24 no.3
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• pp.189-197
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• 2008

In order to develop the sustainable ecological management, short-necked clams, Ruditapes philippinarum, were collected from Yoengi coast in Tongyoeng, Korea. The growth of the clam was estimated as: $L_f=68.08{\cdot}(1-e^{-0.145(t+0.324)})$ from ring radius composition of shell. Instantaneous co-efficiency of total mortality and natural mortality were calculated as: 0.991/year and 0.494/year, respectively. The age of the clams from the first capture was estimated to be 3.28. The total biomass was estimated to be 212 MT in the fisheries area (6.4 ha). Applied by these parameters, the annual recruit biomass and the current yield per recruit were calculated to be 649.5 individual/$m^2$ and $0.7\;g/m^2$, respectively. The current fishing intensity was much lower for maximum sustainable yield and acceptable biological catch. Although higher yield per recruit could be achieved by increasing fishing intensity, it is favorable to retain the current fishing intensity because of the unique fishing attitude on Yeongi coast in Tongyoeng, Korea.

• Journal of Fisheries and Marine Sciences Education
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• v.16 no.1
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• pp.84-98
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• 2004

Due to a publicly owned resources, the overexploitation of the fisheries resources can result in externalities in the form of reduced future levels of yield. These problems can be theoretically improved through effective management of the fishery. The paper illustrates maximum sustainable yield(MSY), maximum economic yield(MEY) and F0.1 level of fishing mortality as the concept of optimal yield, and it theoretically shows that MSY is more appropriate for the optimal yield than MEY where prices increase even though MEY achieves the maximization of economic rent in a fishery assuming constant prices. And the paper presents several fisheries management tools and policies such as input controls, output controls and taxes. As the traditional approach to fishery management, input controls involve restrictions on the physical inputs into the production process(e.g. capital, time or technology) and output controls involve limits on the quantity of fish that can be landed. To introduce user cost into the harvest decisions of rent-seeking fishers, taxation, as a bioeconomic management policy of the fisheries, directly addresses the problems associated with the resource being unpriced. As most fisheries management plans, however, have increasing fisher income as an objective, taxes have not been introduced into any fisheries management policies despite their theoretical attraction.

• Environmental and Resource Economics Review
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• v.9 no.2
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• pp.285-309
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• 2000

One of the main issues in natural resource economics is estimating the amount of stock and the biological growth functions of renewable natural resources. Since the stock level is not directly observed the usual econometric approaches cannot be employed for this purpose. The maximum entropy approach has been suggested as a useful alternative to estimate the dynamic model of natural resource use. This study estimates the stock and the growth function of Korean anchovy using the data for yield and yield efforts. The results show that the current level of anchovy yield exceeds its maximum sustainable yield, which implies that the stock will decrease substantially over time.

• The Journal of Fisheries Business Administration
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• v.39 no.2
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• pp.25-39
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• 2008

The Korean government is in the establishment process of plan for managing fishing effort by setting up the maximum fishing gear usage per fishery type for the recovery of fishery resources, for the settlement of disputes between fishery sectors over fishing gears, and for the stability of fishing business condition. Especially in the setting up of the maximum fishing gear usage, economic standards as well as biological standards are being considered as a significant factor to promote the sustainable and economically viable development of fisheries. This study is, thus, to analyze the optimal economic fishing gear usage ($E_{MEY}$) as the most economically efficient one for the coastal snow crab gillnet fishery, one of the most controversial sectors in establishing the maximum fishing gear usage. The data of logbooks per trip were used for concentrating on the estimation of $E_{MEY}$ per trip because it was considered there were limitations of data available for analyses. As a finding drawn from the analyses, the optimal economic trap usage ($E_{MEY}$) of coastal snow crab gillnet vessels per trip has to be decreased by about 13%. That is, reducing the trip gillnet usage up to the level of $E_{MEY}$ can lead to the reduction of trip fishing costs, thereby resulting in the increased trip profits.

• Ocean and Polar Research
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• v.27 no.3
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• pp.311-322
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• 2005

Fisheries buyback programs in Korea have been implemented since 1994, and their scales are estimated to be the present value of 930 billion won for the last 9 yens since 1994. The paper attempts to identify the patterns of each fish species, of which their yields can be steadily increased or significant]y decreased, and to evaluate its effective level and the optimal level for buyback programs by means of fishing capacity analysis. The paper distinguishes fish species, that there is no need to reduce the fishing efforts, such as anchovies, mackerels, squids, Spanish mackerels, and herrings, because MSY exceeds yields, from fish species to control overfishing such as file fish, yellow corvenias, young pollack, hair tail, snow crab, and pollack. The paper also suggests that 65% of the fishing efforts (total tonnages) should be cut back at the national aggregate level in order to restore fish stocks.

• 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.

• 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.

• Journal of Fisheries and Marine Sciences Education
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• v.17 no.3
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• pp.340-360
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• 2005

Fishery resource rents(i.e. windfall gains or excess profit), which tend to lead a variety of important economic, social, political problems, have been a fundamental cause of unbalance between fishery resource use and management. Thus, there may exist several sorts of optimal level of resource utilization such as economic maximum sustainable yield, biological maximum sustainable yield, social optimum production, socio-political optimum yield, etc. The fishery resource use level seems to a large extent to be determined by the characteristics of fishermen's rent seeking structure. As well known, fishery resources as common properties have a characteristic of being difficult to establish private property rights. Therefore, their use rights are controlled by the permit and/or the license system. As a result, absolute or differential rents are formed by the changes in institutional arrangements. Rent problems are often transformed into serious socio-political issues when the rent in a given industry is much higher to a socially unacceptable extent than the average of other industries. However, individual fishermen or fishermen's groups tend to behave aggressively to change the existing fishery institutions towards maximizing fishery rents. These rent-seeking behaviors often tend to nullify fishery management schemes. The larger is the relative rent difference between fisheries and other industries, the more aggressive tend to be the rent-seeking behaviors in fisheries.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.52 no.4
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• pp.394-402
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• 2016

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 aimed to analyze the optimal economic fishing effort ($E_{MEY}$) as the most economically efficient one for the Eastern Sea Danish seine fisheries. The results showed that the optimal economic fishing effort ($E_{MEY}$) of Eastern Sea Danish seine fisheries for blackfin flounder should be reduced by about 27%. That is, reducing fishing efforts up to the level of $E_{MEY}$ could lead to the reduction of fishing costs, thereby resulting in the increased fishing profits.

• Journal of Fisheries and Marine Sciences Education
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• v.27 no.3
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• pp.821-832
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• 2015

The aims of this study are to estimate the optimal vessel reduction scales and these direct economic effects of coastal and offshore fisheries in the Republic of Korea. To estimate respectively optimal fishing efforts of individual fishery by species in coastal and offshore fisheries, we adopted appropriate fishing power of each species published by National Fisheries Research and Development Institute and also considered biological and socio-economic factors such as the bycatch rate, the profit rate, the efficiency of resource use, the average age of fishing vessel, the intention of vessel reduction, and the annual changes in vessels by other factors. The direct economic effects of the optimal vessel reduction in coastal and offshore fisheries based on maximum sustainable yield and 2/3 maximum sustainable yield was calculated by a cost-benefit analysis. This study showed that optimal reduction numbers of vessels engaged in coastal and offshore fisheries were 4,431 and 374 vessels and the direct economic effects in coastal and offshore fisheries were about 371.7 and 569.4 billion won and these NPV and BCR were 111.7 billion won and 1.65 and 342.6 billion won and 4.97 respectively.