• Ocean and Polar Research
• /
• v.39 no.1
• /
• pp.61-71
• /
• 2017

This study estimates the cost function through offshore fishery cost data and analyzed the economies of scale of Korea's offshore fishery. For the estimation of the cost function, translog cost function was used, and the analysis implemented the panel analysis of the panel data. Also, annual economies of scale of the offshore fishery and economies of scale of 14 offshore fisheries in 2015 were analyzed using translog cost function coefficient estimation. The analysis result of economies of scale of Korea's offshore fishery showed that with the exception of 2003, economies of scale exist in all periods of time. However, as it almost reaches the minimum efficient scale, it was revealed that further scale expansion will bring inefficiency. Thus, according to the analysis result, Korea's offshore fishery requires a scale reduction policy rather than scale expansion policy, and this seems to coincide with the current government's fishery reconstruction policy and its practice such as the fishing vessel buyback program. The analysis result of economies of scale of each offshore fishery in 2015 showed that economies of scale of each offshore fishery exists with the exception of five trawl fisheries such as large pair-trawl and large otter trawl and large purse seines. This strongly suggests that the five fisheries and Large Purse Seines with non performing economies of scale need urgent scale reduction and should be the first target for the government's fishery reconstruction policy.

• Journal of the Korean Society of Marine Environment & Safety
• /
• v.22 no.2
• /
• pp.153-159
• /
• 2016

Gwangyang traffic safety designated area is composed of 3 fairways (Deep water fairway, inbound fairway, and outbound fairway). However, inbound vessels can't use this passage because of Samyeo rock and artificial fishing banks in inbound route. The problem with the rocks and artificial fishing banks has been raised by ship navigators and authorities of the port. This research is about the safety evaluation and management plan of the passage, and we conducted maritime traffic simulation using a model based on a ship operator risks. As a result, assuming that future marine traffic volume is the same as the present, and if the ship operators use 3 fairways and not two, it showed risk reduction of 46.4 % (vessels over 50,000 DWT using DW route) and 57.1 % (vessels over 10,000 DWT using DW route). Also, in a traffic volume condition which is the same as the present, to induce vessels over 50,000 DWT to use DW route is effective in mitigating of risks. Meanwhile, in a condition which increased the traffic volume by 150 %, it is more effective to induce vessels to use DW route. This research is the result of analysis using the model based on ship operator risks, and not cost-effectiveness analysis on the removal of Samyeo rock and artifical fishing banks. This research is expected to be used on setting up the sea route and management plan (particularly, restriction on passing DW route).