Journal of the Korean Society of Fisheries and Ocean Technology (수산해양기술연구)

The Korean Society of Fisheries and Ocean Technology (한국수산해양기술학회)
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An economic feasibility analysis of the reduction of accident at fishing operation in stow net fishery

안강망어업 작업 중 안전사고 저감의 경제적 효과 분석

  • KIM, Do-Hoon (Department of Marine Business & Economics, Pukyong National University) ;
  • YI, Ju-Hyun (Department of Marine Business & Economics, Pukyong National University) ;
  • LEE, Yoo-Won (Training ship, Pukyong National University)
  • 김도훈 (부경대학교 해양수산경영학과) ;
  • 이주현 (부경대학교 해양수산경영학과 대학원) ;
  • 이유원 (부경대학교 실습선)
  • Received : 2020.06.15
  • Accepted : 2020.08.18
  • Published : 2020.08.31
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Abstract

This study aimed to analyze the economic feasibility of the reduction of working safety accidents in stow net fishery through the prevention education to fishing crews. The benefit was evaluated by estimating insurance payment amount that was reduced through prevention education. The decreasing rate of working safety accidents was presumed to follow the experience in Japan. The cost was assumed as the cost of textbook development. Results indicated that IRR was estimated to be 79.9% in case of scenario assuming no additional operating costs while IRR was 56.3% in case of scenario assuming 10% additional operating costs. In addition, the economic feasibility would be secured when annual operating costs increased to 274 million won according to the result of sensitivity analysis.

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References

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