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REFERENCE LINKING PLATFORM OF KOREA S&T JOURNALS
> Journal Vol & Issue
The Journal of Fisheries Business Administration
Journal Basic Information
Journal DOI :
The Korean Society of Fisheries Business Adminidtration
Editor in Chief :
Volume & Issues
Volume 25, Issue 2 - Dec 1994
Volume 25, Issue 1 - Jun 1994
Selecting the target year
An Economic Approach to Compensation Practices for Fisheries Damages of Korea
The Journal of Fisheries Business Administration, volume 25, issue 1, 1994, Pages 1~17
Coastal economic activities usually generate externalities to other economic activities. The conflicts between coastal economic activities, especially land fillings and reclamations, and fisheries in coastal waters pose a typical one, which sometimes causes some social conflicts. In this regard, as the contents and requirements for rules and regulations on fisheries compensation may have important implications for solving such problems, important is to review rationales fur the formulas in calculating fisheries compensation. The purpose of this paper is to review the formulas for fisheries compensation from the economic view points, to highlight some problems and to suggest more appropriate formulas. It is found that the current formulas of fisheries compensation are not properly based on economic concepts and valuation techniques. Main problems are related, as followings, to the coefficient(0.8) employed in the formula, to fishermen's own wages and to current values of invested assets such as fishing boats and nets, etc.. First, it is not clear what the coefficient(0, 8) means. In Japan's case, the coefficient was assumed to reflect the opportunity cost of fishermen's own wages, but it was disappeared from the formula after the self-wage came to be included in totaling fishing cost. As our new formula will include the self-wage in fishing cost, the coefficient(0.8) should be excluded. Second, according to our formula, the current value of invested assets is added to total operating compensation, which will overestimate total compensation. Therefore, it is suggested that total present value of the assets to be invested during the business life should be deducted from total operating compensation. Third, as the self-wage will be included in total cost, opportunity cost for finding new jobs should be newly added to the formula. Finally, this paper also conducted a comparative case study considering above-mentioned factors. The case study showed that the current formulas overestimated total fisheries compensation.
A Study on the Legal System of Compensation for Fishery Loss caused by Public Works
The Journal of Fisheries Business Administration, volume 25, issue 1, 1994, Pages 19~35
The objective of this study is to analize the system of legal compensation for the fishery loses caused by public works and to suggest alternatives on the current compensation system. Korea government has been performing reclamation activities in coastal region to conduct farm, urban and industrial area, and such activities are still going on in Yeongjongdo airport area, Saemangeum area and so on. Reclamation interrupts fishing activities in or around the reclaiming area, therefore, the compensation for fishery losses incurred by fishermen should be made. The system of legal compensation in Korea, however, is based on the land compensation, and the regulation of the compensation for fishery losses in the Fishery Act can not be applied for the compensation of public works because the procedure of the compensation in the Fishery Act is different from its cause of action. Therefore, this study is caried out to suggest a resonable compensation procedure and to provide a basis for establishing legal system.
A Study on the Introduction of Linear Programming Model into the Management of Korean Coastal and Offshore Fisheries
The Journal of Fisheries Business Administration, volume 25, issue 1, 1994, Pages 37~59
Many studies to cope with the present problems of Korean coastal and offshore fisheries has been performed, but these were done partly in necessities and general studies for Korean inshore and offshore fisheries are in early stage. Most of these studies adopted analytical way of approach for each fishery individually and they could not reflect the effect of correlated interaction among fisheries on the several common species/stocks, and thus optimal effort allocation was impossible. To consider general fisheries and optimal effort allocation among competing mixed species, a linear programming (LP) approach is applied in this study and introduced into 16 important inshore and offshore fisheries with 13 constraining species which were chosen by annual yield order. This study is not based on the biological interaction among species (i.e., prey - predator system) but the technological interaction between species and fishing efforts. For the application of LP model in these fisheries, the standardization of fishing efforts through different fishing gears could not be successful and a new way of effort standardization through CPUE for vessel tonnage was originated. Total standardized fishing effort on a particular species i, Ei, is computed as the linear summation of standardized fishing effort generated by each fishery j. That is, (equation omitted) where
is the total vessel tonnage of fishery j and aij is the coefficients contributing to the standardized fishing effort per ton for species i taken in fishery j. The total fishing effort level on species i due to both directed fishing and by - catch can thus be accounted in the aij's. Optimal effort allocation among the j fisheries may be considered a minimizing problem (minimize
), subject to the constraints that standardized fishing effort levels on particular species are maintained at, above, and below certain predefined levels. Fishing effort goals for individual species can be based on various biological and/or economic criteria, i.e., fishing effort level generating maximum sustainable yield and/or maximum economic yield. But in this study the
criteria which was accepted as an approximate level for
by Outland and Boerema's (1973) study. The findings of this study are, (1) LP model can be applied to the Korean inshore and offshore fisheries giobally. (2) Through a new way of combining multiple different fisheries' efforts for a particular species together generating standardized fishing effort, Schaefer curve could be applied to the complex system successfully. (3) The results of this study for total reduction scale were mostly the same as those of prior studies, but different much from the individual scales of reduction. This study showed the necessities for exploitation of more concrete parameters to put into consideration of profitability of fisheries and social factors, and this model can be modified according to the actual constraints. Also, considering the age structure of stocks, this model can be developed into better one for better fisheries management.ent.
A Study on the Re-definition of Fishery Household for the Sustainable Fisheries Growth
The Journal of Fisheries Business Administration, volume 25, issue 1, 1994, Pages 61~84
The Fishery Household Concept is very important, because it furnish the basic information for Fisheries Policy Decision. But it is issued because the Established Fishery Household Concept is not fully reflected present Fisheries Situation. The Targets of Fisheries Policy in Korea can mainly classified Three, that is the stable Supply of Sea Food, Achievement of more high Fishery Household income, the Construction of more Comfortable Fishery Village. For Attainment these targets, the Criterion of Fishery Household Concept should be changed to 60 days from fishery working days,30 days. Also One of the Fishery Household Criterion should be inculuded Income Variable like Farm Household Criterion. This is needed to pay attention because it can provide against Trade Liberalization.
The Development of Fish Market Theory and Market Trends in Japan;- Market Trends in the Production -
The Journal of Fisheries Business Administration, volume 25, issue 1, 1994, Pages 85~109
Recently, it has become a matter of importance concerning a distribution system of the fisheries products in our day, Especially, this paper disregards the fact of changes in demand and distribution system for fisheries products under the period of the high economic growth in Japan. The commercial capital of fisheries products has been modernized by the development of the public market place. The distribution system of fisheries products will rather play an important role than now. In this state, this study is to introduce the development of fish market theroy and attempts to explan the market trends in the production in Japan.