JOURNAL BROWSE
Search
Advanced SearchSearch Tips
Analyzing Potential Vessel Buyback Scale of Offshore Fisheries in Korea
facebook(new window)  Pirnt(new window) E-mail(new window) Excel Download
  • Journal title : Ocean and Polar Research
  • Volume 27, Issue 3,  2005, pp.311-322
  • Publisher : Korea Institute of Ocean Science & Technology
  • DOI : 10.4217/OPR.2005.27.3.311
 Title & Authors
Analyzing Potential Vessel Buyback Scale of Offshore Fisheries in Korea
Pyo, Hee-Dong; Choi, Sae-Him;
  PDF(new window)
 Abstract
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.
 Keywords
yield trends;fishing capacity;vessel buyback programs;optimal sustainable yield;Maximum Sustainable Yield: MSY;Maximum Economic Yield: MEY;
 Language
Korean
 Cited by
 References
1.
농림수산부. 농림수산통계연보. 각년호.

2.
농수산부. 수산통계연보. 각년호.

3.
수협중앙회. 수산물계통판매고통계연보. 각년호.

4.
수협중앙회. 어업경영조사보고. 각년호.

5.
해양수산부. 해양수산통계연보. 각년호.

6.
해양수산부. 2003. 연근해어선 감척사업 투자효과분석.

7.
해양수산부. 2005. 어선감척사업 제도개선에 관한 연구.

8.
Berndt, E.R. and C.J. Morrison. 1981. Capacity utilization measures: Underlying economic theory and an alternative approach. Am. Econ. Rev., 71(1), 48-52.

9.
FAO. 2000. The state of world fisheries and aquaculture. FAO of the United Nations. Rome, Italy.

10.
Fare, R. 1984. On the existence of plant capacity. Int. Econ. Rev., 25(1), 209-213. crossref(new window)

11.
Holland, D., E. Gudmundsson, and J. Gates. 1999. Do fishing vessel buyback programs work: A survey of the evidence. Mar. Policy, 23(1), 47-69. crossref(new window)

12.
Johansen, L. 1968. Production functions and the concept of capacity. p. 8-35. In: Researches recentes sur la fonction de production, Namur. Centre d'Etudes et de la Researche Universitaire de Namur.

13.
Morrison, C.J. 1985. On the economic interpretation and measurement of optimal capacity utilization with anticipatory expectations. Rev. Econ. Stud., 52(2), 295-310. crossref(new window)

14.
National Marine Fisheries Service. 2001. Report to the national task force for defining and measuring fishing capacity. National Marine Fisheries Services. Silver Springs, Md.

15.
OECD. 2001. Review of fisheries in OECD countries: Policies and summary statistics. OECD Publications.

16.
Sun, C.H. 1999. Optimal number of fishing vessels for Taiwan’s offshore fisheries: A comparison of different fleet size reduction policies. Mar. Resour. Econ., 13, 275-288.

17.
Walden, J.B., J.E. Kirkley, and A.W. Kitts. 2003. A limited economic assessment of the northeast groundfish fishery buyout program. Land Econ., 79(3), 426-439. crossref(new window)