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REFERENCE LINKING PLATFORM OF KOREA S&T JOURNALS
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The Journal of Fisheries Business Administration
Journal Basic Information
Journal DOI :
The Korean Society of Fisheries Business Adminidtration
Editor in Chief :
Volume & Issues
Volume 37, Issue 3 - Dec 2006
Volume 37, Issue 2 - Sep 2006
Volume 37, Issue 1 - Jun 2006
Selecting the target year
Measurement of Fishing Capacity of Offshore Fisheries in Korea
Kim Do-Hoon ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 1~24
Reducing fishing capacity is one of current issues in the international fisheries. This is because that increased fishing capacity has caused not only fish stocks to be depleted, but also additional fishing costs to be incurred, which resulted in reduction of economically viability of fisheries. For this reason, FAO adopted the International Plan of Action for the Management of Fishing Capacity' in 1999 and recommended member countries to estimate fishing capacity and to implement the policy to reduce fishing capacity. This study is aimed to measure fishing capacity of the Large Purse Seines Fishery that is one of offshore fisheries in Korea using both Peak - to - Peak Analysis and Data Envelopment Analysis in order to provide a policy information for preparation of domestic plan of action for the management of fishing capacity. The results of PTP Analysis were almost similar to those of DEA Analysis. The DEA results showed that the capacity utilization in 2004 was about 75%, it was obvious the capacity did not utilize enough. The sensitivity analysis on DEA results indicated that 24% of the number of ships, 26% of the tonnages, or 29% of the horse powers should be reduced if the present catch remained. In addition, if the catch remains at the MSY base level of large purse seines, the analysis suggested that the number of ships, tonnages and horse powers should be reduced by 15%, 18%, and 21% respectively.
A Study on Calculation Method of Compensation for Indirect Damage of Fishery by Undertaking Public Project
Kim Ki-Dae ; Kim Byung-Ho ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 25~44
Under the provision of Article 63 of the Enforcement Regulation of the Act on Acquisition and Compensation of Land and Others for Public Project that is recently enacted and implemented (hereinafter referred to as the 'Lend Compensation Act') the compensation is required to make 'When the Actual Damage Amount' is confirmed for the damage in fishery affairs that is outside of the public project area. The compensation for fishery business on the indirect damage area has been excluded from the advance compensation subject to conflict with the existing laws on fishery business compensation with the controversy in method, procedure, time and others to confirm the actual damage amount, and it lacks the standard of calculation for detailed compensation on partial damages outside of business implementation area, which caused the ceaseless conflicts and straggles between the project implementation party and the victimized fishermen regarding the calculation method of damages, standard, compensation period and others. In particular, from the numerous problems in damage compensation in fishery on the indirect damage area, the most recent problem emerged is the issue on application method of damage period in calculating the damage compensation amount that the struggle has been deepened with the differences between the project implementation party and the victimized fishermen without the stipulation on the compensation, that caused the difficulties in carrying out the public project and other serious social problems. In this study, the reasonable application method for the damage period and the calculation plan of the damage amount for calculating the damages on fishery industry outside of the public project implementation zone that is not fully specified under the Land Compensation Act, and the indirect damage area is not influenced for the notification of project recognition, and the compensation to undertake with the damage in the fishery industry in project implementation area to have the nature of damage compensation, the right to engage in fishery industry has the perpetual nature of rights, the fishery damage compensation system of Japan also recognizes the perpetual right on fishery industry to calculate the compensation amount, and the compensation for damage amount has been exercised for the period of actual damage occurrence period regardless of remaining effective period for most of fishery permit and license for fishery compensation outside of the project implementation area following the recent various public projects as well as the development process of theory on fishery loss compensation that the calculation of damage amount on the fishery industry outside of the project implementation zone would be prudent to compensate by calculating the applicable damages during the period of actual damages, and by doing so, the 'just compensation' guaranteed under the Constitution may be materialized. Therefore, the calculation of the damages from the implementation of the public project shall consider the actual period of damages and the degree of damage from the public project to calculate by the income capitalization method, however, considering the equitable consideration with the compensation following the cancellation, it shall not exceed the compensation following the termination of the applicable fishery businesses. Furthermore, the calculation method of partial damage amount on the fishery business following the project implementation shall apply, depending on the period of damage occurrence, by (1) the case of calculating the future damage amount at the present time, and (2) calculating the damage from the past to the present time as well as the damage to be incurred later, by selecting the calculation method for damages following the damage occurrence type.
A Study on Information Asymmetry and the Country of Origin Labeling in Live Small Fish Trade for Aquaculture and Naturalization
Park Seong-Kwae ; Han Kyung-Sook ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 45~71
The main objective of this study is to analyze problems of the Country of Origin Labeling(COOL) in small live fish(SLF) trade by applying the asymmetric information theory which is called
Lemon Market Theory
. The purpose of importing SLF is to enhance fishing household income and import substitution effect as well. SLF importation is quite different in its nature from importing general fish and fish products for final/direct consumption. SLF are imported for the purpose of domestic aquaculture and naturalization where domestic production/supply of SLF is less than domestic demand for or such species are not native to Korean waters. Information asymmetric problems arise even in SLF trade as the same way in general goods and services. However, the information asymmetry issues in SLF trade are much more complex than non-living goods because SLF are traded in the live state. To alleviate such problems the Korean government initiated the general COOL scheme to imported SLF. However, many experts argues that such policy on SLF would not be appropriate because of SLF's very nature. Applying the lemon market theory, we can analyze how information discovery schemes are able to signal correct information to SLF trading parties and to result in more symmetric information in SLF trade markets. This research carried out a case study about small live eel(SLF) trade and its farming. The results showed that applying the COOL to small live eels just right upon coming into fish farms tends to increase substantially fish farmer's income and at the same time to lower unnecessary transaction costs. In particular, such transaction costs by imposing simply the general COOL on SLF may easily outweigh its benefits. For instance, to resolve the problems, the Korean ministry of agriculture and forestry(KMAF) has developed a quite different COOL rules from the general ones and has applied them to imported live cattle and medium/small livestocks. The KMAF's differentiated COOL policy on some imported livestocks may be a good case which can be applied to imported SLF. In addition to the differentiated COOL on SLF, Sanitary and Phytosanitary (SPS) and traceability system would play crucial complementary roles in alleviating information asymmetry problems in SLF trade. Advanced fisheries tend to strengthen their SPS system rather than to adopt the general comprehensive COOL schemes into imported SLF trades and domestic market exchanges.
The Case Study on the Application of the Standard Method for the Estimation of Range and Degree of Fisheries Damages Caused by Warm Water Drained by Generating Plants
Kang Yong-Joo ; Kim Ki-Soo ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 73~93
This paper tries to apply the standard method for the estimation of range and degree of fisheries damages caused by warm water drained by generating plants to a real situation. The theoretic foundation of the study has been shown in the article published on the journal of fisheries business administration of last year. The paper tries to examine the degree of external appicability of the theoretic model through empirical study. The results of the study are as follows. The model has been found a successful device for the estimation of fisheries damages caused by warm water drained by generating plants. It also shows a possibility to work in any other fisheries damage cases caused by several kinds of public undertaking on coastal areas. The key of the model is the successful derivation of the quantity amount of the critical variation of environmental factors for example, in this case, water thermal variation. Therefore the countinous and appropriate collection of law data on the environmental factors under a viewpoint of statistics is essential to the usefulness of the model.
A Study on Price Discovery Function of Japan's Frozen Shrimp Future Market
Nam Soo-Hyun ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 95~110
Japan's frozen shrimp future market is the only fisheries future commodity market in the world. This empirical study examines the lead and lag relationship between Japan frozen shrimp spot and future markets using the daily prices from August 1, 2002 to December 31, 2005. Frozen shrimp future contract is listed on Japan Kansai Commodities Exchange. Japan imports approximately 250,000 tons of frozen shrimp annually, of which just under 70,000 tons, nearly 30%, are black tiger shrimp. Approximately 90% of black tiger shrimp are caught in Indonesia, India, Thailand and Vietnam, and the two largest consumers of these shrimp are Japan and the U.S.A. Kansai Commodities Exchange adopts the India black tiger shrimp as standard future commodity. We use unit root test, Johansen cointegration test, Granger causality test, Vector autoregressive analysis and Impulse response analysis. However, considering the long - term relationships between the level variables of frozen shrimp spot and futures, we introduced Vector Error Correction Model. We find that the price change of frozen shrimp futures with next 1, 2, 3, 4, 5 month maturity have a strong predictive power to the change of frozen shrimp spot and the change of frozen shrimp spot also have a predictive power to the change of frozen shrimp with next 1, 2, 3 month maturity. But, the explanatory power of the frozen shrimp futures is relatively greater than that of frozen shrimp spot.
Online Grocery Shopping: Is there a Phoenix?
Pak Myong-Sop ; Pak In-Sop ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 111~120
An Appraisal on the MAGPs for the EU's Fishing Industry
Shin Yong-Min ; Lee Sang-Go ;
The Journal of Fisheries Business Administration, volume 37, issue 1, 2006, Pages 121~142