• Title, Summary, Keyword: bioeconomic model

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Economic Damage Assessment of Coastal Development using Dynamic Bioeconomic Model

  • Kim, Tae-Goun
    • Journal of Navigation and Port Research
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    • v.36 no.9
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    • pp.741-751
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    • 2012
  • This article analyzes the interdependency between nonrenewable marine sand resources and renewable fishery resources by the developed dynamic bioeconomic model. The developed bioeconomic model is applied to a case study of efficient sustainable management for marine sand mining, which adversely affects a valuable blue crab fishery and its habitat in Korea. The socially-efficient extraction plan for marine sand and the time-variant environmental external costs to society in terms of diminished harvest rate of blue crab are determined. To take into account long-term effects from destroyed fishery habitat, a Beverton-Holt age structure model is integrated into the bioeconomic model. The illustrative results reveal that the efficient sand extraction plan is dynamically constrained by the stock size of the blue crab fishery over time. Thus, the dynamic environmental external cost is more realistic resource policy option than the classical fixed external cost for determining socially optimal extraction plans. Additionally, the economic value of bottom habitat, which supports the on- and off-site commercial blue crab fishery is estimated. The empirical results are interpreted with emphasis on guidelines for management policy for marine sand mining.

A Bioeconomic Analysis of the Management Policies for the United States Gulf of Mexico Red Grouper Fishery

  • Kim, Do-Hoon
    • Ocean and Polar Research
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    • v.25 no.4
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    • pp.483-491
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    • 2003
  • Since the red grouper was declared overfished, the Gulf of Mexico Fishery Management Council must prepare a rebuilding plan considering the following alternative management policies: a Total Allowable Catch (TAC), 5-month season closure, 1800-pound trip limit, and a 50-fathom longline boundary. This study was aimed at evaluating the effects of proposed policies for rebuilding the red grouper stock in a 10-year period by developing a bioeconomic model. Under the assumption that the recreation sector was held to its share of TAC (24% of the total quota), the target stock biomass goal was attained in all policies. The NPV was the largest in the 5-month season closure policy if the output price did not fall. There were distributional effects on the different components of the fleets in the 1800-pound trip limit and the 50-fathom longline boundary policy.

Evaluating the TAC Policy in the Sandfish Stock Rebuilding Plan (도루묵 수산자원회복계획에서의 TAC정책 평가)

  • Kim, Do-Hoon
    • The Journal of Fisheries Business Administration
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    • v.46 no.1
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    • pp.29-39
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    • 2015
  • This study aimed to evaluate the TAC policy and to examine the effective annual TAC quota in the sandfish stock rebuilding plan using a bioeconomic modelling method. In the analysis, first, a sandfish bioeconomic model was developed by combining a sandfish stock population model and economic models by fishery and second, achieving stock rebuilding targets and changes of fishing revenues by the level of annual TAC quota were examined. Model results indicated that the TAC 1,500ton policy would have the greatest impact on the increase of sandfish stock biomass comparing to the status quo and other TAC policies. In addition, it was evaluated that the total fishing revenues of coastal gillnet and danish seine fisheries could be increased the most in the TAC 2,500ton policy. In both cases of TAC 3,500ton and 4,000ton, the fishing revenues of both fisheries were inversely reduced due to the decrease of catch by coastal gillnet and the decline of market prices by danish seine's excessive catch. Furthermore, they would have a negative impact on sandfish stock biomass.

A Bioeconomic Analysis on the Evaluation of Alternative Management Policies in the Multispecies Fishery (복수어업에 있어서의 어업관리수단 평가를 위한 생물경제학적 연구 -미국 멕시코만의 red grouper와 yellowedge grouper 복수어업을 사례로-)

  • 김도훈
    • The Journal of Fisheries Business Administration
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    • v.35 no.1
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    • pp.1-22
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    • 2004
  • Since the red grouper stock was initially declared to be overfished by the NMFS in September 2002, the Gulf of Mexico Fishery Management Council must prepare for the red grouper rebuilding plan considering the following alternative management policies: Total Allowable Catch(TAC), 5 - month season closure, 1800 - pound trip limit, and 50 - fathom longline boundary. The first concern the Council has is to evaluate the effects of recommended policies and the second is to analyze the impact of management policies on yellow edge grouper. This is because the fleets harvest red grouper also catch yellowedge grouper, the regulations on red grouper are likely to allow fishing effort to be distributed into yellowedge grouper. Therefore, this study is aimed at evaluating the biological and economic effects of management policies considering simultaneously the impact of red grouper regulations on yellow edge grouper by developing a combined red grouper and yellowedge grouper bioeconomic model. The overall results indicate that management policies for red grouper would adversely affect the yellowedge grouper stock if yellowedge grouper is not protected by its regulations. The TAC policy has the most serious impact on the yellowedge grouper stock, while the 1800 - pound trip limit policy minimizes the reduction in the yellowedge grouper stock. However, the target stock size of red grouper is achieved as well as the largest net present value of returns is gained in the TAC policy.

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A Bioeconomic Analysis on the Effectiveness of Total Allowable Catch(TAC) Policy under the Rebuilding Plan (자원회복계획 하에서의 총허용어획량(TAC) 어업정책 효과에 관한 생물경제학적 분석 -미국 멕시코만의 Yellowedge Grouper 어업을 사례로-)

  • Kim, Dohoon
    • Environmental and Resource Economics Review
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    • v.12 no.4
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    • pp.663-686
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    • 2003
  • This study is aimed at analyzing the effectiveness of TAC policy using a bioeconomic model. A surplus-production model is used as a population dynamic model, from which the yellowedge grouper is estimated to be overfished. As a result, a 10-year rebuilding plan using the TAC policy is established. According to the result of model, under the well-enforced system, the target stock biomass is achieved during the rebuilding period. Especially, in order to accomplish the target stock biomass, the annual quota should be allocated much less than 342 tons that NMFS recommended. The NPV over a 25-year under the TAC policy Is predicted to be less than under the status quo. The economic gains under the variable-catch TAC policy is less than under the constant-catch TAC policy as the interest rate decreases, while the NPV under the constant-catch is greater than under the variable-catch TAC policy when the interest rate is high.

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Determining Appropriate Bioeconomic Models for Stock Assessment of Aquatic Resources (수산자원량 추정을 위한 생물경제 모델의 적합성평가)

  • 표희동
    • The Journal of Fisheries Business Administration
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    • v.33 no.2
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    • pp.75-98
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    • 2002
  • As a contribution to developing fishery stock assessment, optimum sustainable yield and its international standards such as MSY, MEY, and dynamic MEY for six recommended fisheries are developed using bio-economic models. For selecting the appropriate model, five models - Schaefer, Schnute, Walters and Hilborn, Fox, and CY&P models are tested in effort and catch data of six species. Surprisingly all the models except the CY&P model failed to satisfy statistical standards such as goodness-of-fitness and reliability. Generally, the CY&P model holds good fitness and statistically significant level for all of six fisheries. However, the CY&P model for squid, where the intrinsic growth rate is high, could not explain MSY, MEY, and dynamic MEY appropriately. This study makes a contribution to develop the modified model for the intrinsic growth rate of 1. The reformulated model represents the results reasonably even though the estimated equation has not good fitness. Although most of the CY&P models appear to have good fits and validated results for some cases, these models also seem to be quite sensitive to parameters which means a more stable model should be developed and data should carefully be handled. In particular biological and technical interactions such as multispecies, predator prey relationship, age structure and mortality should be taken into account. In addition, economic factors and fishing efforts such as price, cost, technical change and a reasonable function of fishing input should simultaneously be considered.

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Analysis on Economic Effect and Resource Recovery of Major Coastal Fisheries by Vessel Buy-back Program in Korea (어선감척사업에 따른 주요 연안어업의 자원회복 및 경제적 효과 분석)

  • Cho, Hoon-Seok;Nam, Jong-Oh
    • The Journal of Fisheries Business Administration
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    • v.50 no.1
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    • pp.17-37
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    • 2019
  • The purpose of this study is to estimate the resource recovery effect and the economic effect of the fishermen by the fisheries vessel buy-back program. First, this study standardizes the fishing efforts of coastal gill net, coastal trap, and coastal composite fisheries using Gavaris general linear model. Second, the resource evaluation is performed by using vessel buy-back program data, and also the CYP model based on exponential growth function is applied. In order to derive the effect of the vessel buy-back program, the MSY with the vessel buy-back program is compared with the MSY without the vessel buy-back program. Finally, we compare and analyze producer surplus under the equilibrium of the MEY and the OA using bioeconomic model. In conclusion, the vessel buy-back program has shown an increase in resource growth and economic improvement for the remaining fishermen. The result shows that the remaining fishermen are able to obtain an increase in producer surplus of about 53% due to the vessel buy-back program under equilibrium levels of the open access and the maximum economic yield.

A Study on the Optimal Emission of CO2 due to Climate Change : An Application for Large Purse Seine (기후변화가 대형선망 고등어 어업의 최적탄소배출량에 미치는 영향분석)

  • Choi, Jong Du
    • Ocean and Polar Research
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    • v.39 no.3
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    • pp.195-203
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    • 2017
  • The purpose of this paper is to estimate the optimal $CO_2$ emission in the maximum economic yield (MEY), maximum sustainable yield (MSY), and open access (OA) using a bioeconomic model. The results are as follows; in the case of $E_{MEY}$, $E_{MSY}$, and $E_{OA}$ levels, $CO_2$ emissions are estimated at $150,704,746CO_2/kg$, $352,211,193CO_2/kg$, and $301,409,492CO_2/kg$ respectively. We show that the $E_{MEY}$ is more efficient than the other levels. That is, the level of $E_{MEY}$ signifies the optimal economic fishing usage as the most economically efficient usage for large purse seine fishery catching mackerel species. The emission of $CO_2$ in $E_{MEY}$ is the lowest level. Also, the impacts of climate changes such as ocean temperature increase, ocean acidification, and the combined impact thereof show that the biomass of mackerel decreases.

Bioeconomic Analysis of Effectiveness of the Observe Program in Fisheries Management (어업관리 옵서버 제도의 효과에 대한 생물경제학적 분석)

  • 이상고;김도훈
    • The Journal of Fisheries Business Administration
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    • v.33 no.1
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    • pp.1-18
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    • 2002
  • The observer program is being utilized In various fishing areas and fisheries internationally and nationally due to the its expected effectiveness in fisheries management and the collection of bioeconomic data necessary in fisheries management policy. The timely gathered data by observers play substantially a major role in decision-making fisheries policy such as the change in management measures, the application of season closure and area closure and etc. The expected effectiveness of the observer program In fisheries management, generally mentioned, is that it would lead to the increase in stock size from which the level of harvest would consequently increases. This study is aimed to analyze this tentatively expected effectiveness of the observer program in fisheries management. The changes in stock size and the level of harvest over time are analyzed under the observer program assuming the fishermen bear the cost of the observer program by investigating the change in fisherman's fishing activity under the observer program and by combining this changed activity with the biological model. The level of fishing efforts of fishermen was decreased from the results of the increase in fishing cost caused by the observer cost and the decrease in catchable stock size restricted by observers. This reduced level of fishing efforts enables stock size to increase over time and therefore, the expected level of harvest increases as time goes on. Another benefit under the observer program is to reduce management costs from the fact that fishermen are responsible for the cost of the observer program and the avoidance cost of fisherman responding to the fisheries regulation could be eliminated from the surveillance of observer. Therefore, it may possible to accomplish the cost-efficient fisheries management policy.

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A Stock Assessment of Yellow Croaker using Bioeconomic Model: a Case of Single Species and Multiple Fisheries (생물경제모형을 이용한 참조기의 자원평가에 관한 연구 - 단일어종·다수어업 사례를 중심으로)

  • Sim, Seonghyun;Nam, Jongoh
    • Ocean and Polar Research
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    • v.37 no.2
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    • pp.161-177
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    • 2015
  • This study analyzes the stock assessment of yellow croaker caught mainly by the Korean stow net and gill net fisheries focusing on single species and multiple fisheries. This study standardizes fishing efforts for the two fisheries using the general linear model and uses a surplus production model based on the exponential growth model. The Clarke Yoshimoto Pooley model estimates a maximum sustainable yield(MSY), an allowable biological catch(ABC), fishing efforts for MSY($E_{MSY}$) and for ABC($E_{ABC}$). The bio-economic model is used to estimate the maximum economic yield(MEY) and fishing efforts for MEY($E_{MSY}$). Also, the study employs an economic analysis to estimate the economic interaction between stow net and gill net fisheries. The economic analysis shows the profit accruing to the two fisheries from estimated ABC. Finally, the study compares TACs based on single species and single fishery to TAC based on single species and multiple fisheries. The study proposes that the TAC assessment is necessary for single species and multiple fisheries in order to preserve resources.