The Analysis of Fishing Efforts and Catch in Korea

어획노력이 어획량에 미치는 영향분석

This paper examines the efficacy of the vessel buy - back program implemented by the Korean government between 1994 and 2005. At the descriptive level, it is found that various factors of fishing efforts including power of vessels, fishing days and the number of employees increased during the program. The statistical analysis over the period 1981 to 2005 shows that the amount of weight and power of vessels tend to have a positive impact on the amount of catch with the number of vessels controlled. In particular, 1% increase in weight and power leads to $0.5%{\sim}1.4%$ and $1.0%{\sim}2.0%$ increase in catch, respectively. Therefore, the results suggest that the vessel buy - back program in Korea had contributed to reducing the catch but only as far as it reduced the weight and power of the vessels. As is consistent with the previous literature, it is indicated that the efficacy of vessel buy - back program may be limited by the fishermen's effots to increase the fishing efforts in terms of power of vessels, fishing days or number of employees.