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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 45, Issue 3 - Dec 2014
Volume 45, Issue 2 - Sep 2014
Volume 45, Issue 1 - Jun 2014
Selecting the target year
An Analysis on the Changes of Seafood Consumption Patterns by Demographic Characteristics
Park, Jeong-A ; Jang, Young-Soo ; Kim, Do-Hoon ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 1~17
DOI : 10.12939/FBA.2014.45.3.001
The objective of this study is to investigate consumer preferences, perception and consumption patterns for fish products. To investigate the difference in consumer responses according to the characteristics of the population parameters, data were collected from the survey of 404 Koreans and analyzed. The results are as follows: First, the differences of age; for the question of the reason why do you eat fish products, the younger generation (20~30s)'s most answer was 'The Taste' while the older age groups(40~50s and over 60s)' most respond was 'For Health'. Second, the differences of sex; women relatively considered 'The Quality' of fish products more important than men when selecting the products. Whereas, men thought 'The Taste' of fish products more important than women when they choose fish products. In addition, when the bad news or hygiene accidents about fish products are reported on media, women reacted more negatively for fish products purchase than men. Third, the differences of family members; the respondents who lived with 3 or more family members showed higher preference rates about purchasing trimmed fresh fish at the store than respondents who lived with 2 or less family members. On the other hand, single households relatively bought processed fish products and RTE(Ready To Eat) fish products more than other family member groups. In addition, single households preference rates about eating fish products as a main dish were very high compared to other groups.
A Study on the transition of Korean-China Fisheries Agreement and improvement of fisheries-relation issues between two countries
Kim, Dae-Young ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 19~37
DOI : 10.12939/FBA.2014.45.3.019
This study is to focus on the status of implementation of bilateral-fishery order based on the Korea-China fisheries agreement and aims to improve fisheries relationship between two countries. Korea-China Fisheries Agreement entered into force in 2001, and serves as a basic framework of the bilateral fisheries order. However, the fishing order between Korea and China has the following limitations. First, it is standstill of joint response for a practical resource management. Second, there are still gaps between the quotas of mutual accord fishing and fishing operation work performance. Third, China's illegal fishing is taking place consistently. Fourth, the effective cooperation between two countries in fisheries is not carried out. Finally, the Korea has faced difficult situations to adhere to a balanced position in the fishery negotiations due to conflicting positions on China and Japan. In order to solve these problems, the fishing order between Korea and China will be able to maintain the competitiveness of Korean fishery sector by reinforcing Korea's fishing sovereignty, Korea and China, based on trust and cooperation, will make efforts to improve bilateral fisheries relations to maximize mutual benefit in fishery sector. Specifically, first, the two countries should strengthen the resources management based on the scientific research and the improvement of imbalance of the mutual agreed fishing in EEZ. Second, Korea has to achieve our targeted performance of fishing operation and establish a joint resources management system between two countries in the provisional measure zone. Third, Korea should implement to collect fisheries information about China fishing vessels which are operating in the EEZ of Korea. Finally, Korea and China should be building up effective governance framework for the establishment of fishing order.
The Research Process and the Problems in Statistics of The Chronicle of Korea Fishery
Rhee, Kun-Woo ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 39~53
DOI : 10.12939/FBA.2014.45.3.039
This paper is to survey the research process and the problems in statistics of The Chronicle of Korea Fishery. The contents of The Chronicle were researched by two groups. One group is the managers of every province, the other group is the officers of every county. The managers performed the literature investigation research and field study and also arranged the reports from the county officers. But the managers seemed not to pay the full attention about the consistency of contents. The main contents about fishery are the number of coastal households and population, the number of fishery households and population, the number of fishing boats and fishing net. The body of The Choronicle and the table of fishing affairs in the appendages must be carefully compared to use the statistics. Though these statistics lack the consistency, the number of fishery households and boats deserves the attention. The fishing households account for less than 3% of all households, and about one third of fishing households has fishing boat.
The Effect of Debt Capacity on the Pecking Order Theory of Fisheries Firms' Capital Structure
Nam, Soo-Hyun ; Kim, Sung-Tae ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 55~69
DOI : 10.12939/FBA.2014.45.3.055
We try to test the pecking order theory of Korean fisheries firm's capital structure using debt capacity. At first, we estimate the debt capacity as the probability of assigning corporate bond rating from credit-rating agencies. We use logit regression model to estimate this probability as a proxy of debt capacity. The major results of this study are as follows. Firstly, we can confirm the fisheries firm's financing behaviour which issues new debt securities for financial deficit. Empirical test of SSM model indicates that the higher probability of assigning corporate bond rating, the higher the coefficient of financial deficit. Especially, high probability group follows this result exactly. Therefore, the pecking order theory of fisheries firm's capital structure applies well for high probability group which means high debt capacity. It also applies for medium and low probability group, but their significances are not good. Secondly, the most of fisheries firms in high probability group issue new debt securities for their financial deficit. Low probability group's fisheries firms also issue new debt securities for their financial deficit within the limit of their debt capacity, but beyond debt capacity they use equity financing for financial deficit. Therefore, the pecking order theory on debt capacity come into existence well in high probability group.
An Analysis of Fishermen's Perception to Climate Change in Korea
Kim, Bong-Tae ; Lee, Sang-Geon ; Jeong, Myung-Saeng ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 71~84
DOI : 10.12939/FBA.2014.45.3.071
This study indicates that 84.5% of fishermen have perceived climate change and 74.9% of fishermen have responded that frequency and intensity of the impacts of climate change are increasing. The results of regression analysis have shown that the level of fishermen experiencing the impacts of climate change differs according to individual's characteristics including age, length of experience, sea area (fishing area) and types of fisheries. About half of the respondents have shown that they are not taking any actions against the effects of climate change. The main reasons are that they either have lack of knowledge on how to respond to the impacts of climate change or have the perception that climate change is irresistible. The majority of respondents have responded that they are not aware of the government's climate change policy and emphasized that it is necessary to have effective countermeasures strengthening the provision of information about climate change policy. The result of perception survey have highlighted that it is essential for the government and the fishermen to share relevant information and to consider method of cooperation.
Seafood Market Segmentation of Shanghai Consumer in China
Jang, Young-Soo ; Park, Gi-Seup ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 85~98
DOI : 10.12939/FBA.2014.45.3.085
This study aimed to segment Chinese fisheries consumer market by means of cluster analysis based on Shanghai region consumers. The survey is conducted to 350 shanghai people on March 17-21 in 2014 and investigate demographic characteristics and consumer's behaviors unique to each segmented market by preference, labelling, quality, price, safety. The result of cluster analysis identified four market segments such as Catering type market, Worth pursuing type market, Substance pursuing type market, Trend pursuing type market. Catering type market is a passive fisheries consumption market and is not high attractive for Korea fisheries export market. Value pursuing type market consider importance to labelling, origin, brand and require high-quality and differentiation strategies. This market's main target species are high price fisheries such as tuna, salmon, crocker. Substance pursuing type market consider fisheries's safety and quality and purchases more popular fisheries such as crocker, hairtail, promfret, mackerel, squid. Trend pursuing type market's consumers prefer to purchase brands and trendy seafood rather than taste.
A Study on the Flounder Consumer Market in the US
Kang, Jong-Ho ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 99~110
DOI : 10.12939/FBA.2014.45.3.099
Flounder was selected as one of the 10 strategic export aquaculture products for seafood export expansion in 2013. The flounder aquaculture industry has promoted export market diversification and product diversification from live to processed goods as a it's main strategy. The purpose of this study is to find an improvement plan for export expansion to the United States, as it emerged as a new target export market for the flounder. A summary of the key findings is as follows. First, the western region of the United States prefers to consume live and fresh flounder, whereas the eastern region prefers to consume fresh flounder. Second, because of it's high quality, Korean flounder is favored in the western region of the United States despite it's high price, whereas in the eastern region of the United States, where production volume is high, Korean flounder has to compete with US flounders because of it's high price. Third, according to the survey results, US consumers tend to enjoy seafood, as well as flounder cuisines. Fourth, the main consumption place of flounders by US consumers are restaurants, and they prefer to consume them in the form of sashimi and sushi. Fifth, 70% of US consumers expressed willingness to consume flounder when eating out. which shows great market potential. However, the high price of Korean flounder and limited size of the live fish market act as major obstacles to expanding export volume. To expand exporting Korean flounder, continuos efforts such as price reduction, exporting highly fresh fish, the co-development of processed food with the US are needed.
A Research on the Debates of Whale Resource Values
Park, Seong-Kwae ;
The Journal of Fisheries Business Administration, volume 45, issue 3, 2014, Pages 111~129
DOI : 10.12939/FBA.2014.45.3.111
The main purpose of this study is to analyze the disputes concerning the 1982 moratorium on commercial whaling and the standing rights of other natural objects. Basically, the debates has arisen from the very nature of whales and other natural resources, that is to say, a mixed good of consumptive and non-use value. The debates between pro- and anti-moratorium states regarding whaling may not find out a peaceful solution without compromise or negotiation since any international institution for official settlements does not exist. If the pro-states could provide anti-states with a certain type of economic incentive which is side payments, anti-states might offer self-restraint not to whale. Here, it would be considered to apply Kaldor-Hicks compensation principles to this problem. Since 1965, some countries such as the United States and Japan began to recognize the standing right of natural objects. Even though rejected, the newt case in Korea was brought to the Supreme Court. If a standard of living increases significantly to a higher level(i.e. more than per capita income US$30,000), there would be a tendency of valuing natural objects and their beauty more and more highly.