Ocean and Polar Research

Korea Institute of Ocean Science & Technology (한국해양과학기술원)
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An Analysis of the Effects in the TAC System by Analyzing Catch of TAC Target Species

TAC 어종의 어획량 분석을 통한 TAC 제도의 효과 분석

  • Sim, Seonghyun (Fisheries Policy Research Division, Korea Maritime Institute) ;
  • Lee, Jungsam (Fisheries Policy Research Division, Korea Maritime Institute) ;
  • Oh, Seoyeon (Fisheries Policy Research Division, Korea Maritime Institute)
  • 심성현 (한국해양수산개발원 수산연구본부) ;
  • 이정삼 (한국해양수산개발원 수산연구본부) ;
  • 오서연 (한국해양수산개발원 수산연구본부)
  • Received : 2020.04.02
  • Accepted : 2020.06.08
  • Published : 2020.06.30
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Abstract

This study aimed to analyze the effect of total allowable catches (TACs) on the target species. First to effects analyse of TACs, the 8 TAC target species and 75 non-target species were selected for which catch data were available before and after the introduction of the TACs. The 8 target species were simply compared to catch changes before and after TACs. Through the comparison, it was confirmed how the catches of target fishes have changed after the implementation of the TACs. Secondly, the Difference In Differences(DID) analysis was conducted to confirm the effects of the TACs on the catches of the target fishes using the catch data of 8 TAC target species and 75 non-TAC species. Finally, to overcome the limitations of the DID analysis, the random effects model was estimated to confirm the effects of the TACs on the catch of the TAC target species. Overall, this study confirmed that the TACs affects catches of target species, not only through simple comparisons of catches before and after the introduction of the TACs but also through econometric analysis.

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References

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