• The Journal of Fisheries Business Administration
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• v.26 no.1
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• pp.41-54
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• 1995

Recently our government intended to change the present fisheries management system into the allocated catch quota system, which is to increase the income of fishermen and to recover the depleted resources up to a desirable level. This paper is to find out the difficulties of introducing the allocated catch quota system into our fisheries mangement system and to reduce the possible errors for the enforcement of this system. The allocated catch quota system can be devided by two kinds, the one is to allocate among industries or fisheries with total allowable catch(TAC) and the other is to allocate among fishermen or individual vessels with individual fish quota(ITQ). The latter is a much advanced control system compared with the former and is what this study treats. This paper reviewed the case of Newzealand and Canada where the ITQ system is introduced earlier and classified the problems by two parts for successful introduction into Korea as follows : (1) allocation method problems, (2) enforcement problems. For the first part the problems to be considered are 1) a scientific oath qouta calculation system is necessary, 2) the quota must be opened, 3) by-catch problems. 4) interactions with adjoining countries. For the second part the problems to be considered are 1) monitoring system, 2) quota transferability, 3) quota flexibility, 4) the enforcement of the system must be connected with the reduction of fishing power, 5) a mass communication and decision making system between government and fishermen is essential.

• The Journal of Fisheries Business Administration
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• v.36 no.2 s.68
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• pp.121-134
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• 2005

In order to evaluate the effectiveness of management measures and to provide policy suggestions for the allocation of total allowable catch between recreational and commercial sectors, the economic value of red grouper recreational fishery in the United States Gulf of Mexico was estimated using a Travel Cost Method(TCM), Due to the characteristic of count data, a Poisson model(PM) and a Negative binomial model(NBM) were used in the TCM. Results of models showed that the NBM was statistically more suitable than the PM since the overdispersion problem occurred in the PM. Results also indicated all signs of the estimated parameters were as expected and were significant, except for a Boat parameter in both models. Based on the results of NBM, the total economic value of the recreational red grouper fishery was estimated to be $\$698.6$ and the value per trip was $\$179.5$. In addition, the total changes in expected consumer surplus due to changes in catch rates was $ \$42.3$.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.48 no.1
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• pp.72-81
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• 2012

Using artificial neural network (ANN) technique, auction prices for common mackerel were forecasted with the daily total sale and auction price data at the Busan Cooperative Fish Market before introducing Total Allowable Catch (TAC) system, when catch data had no limit in Korea. Virtual input data produced from actual data were used to improve the accuracy of prediction and the suitable neural network was induced for the prediction. We tested 35 networks to be retained 10, and found good performance network with regression ratio of 0.904 and determination coefficient of 0.695. There were significant variations between training and verification errors in this network. Ideally, it should require more training cases to avoid over-learning, which leads to improve performance and makes the results more reliable. And the precision of prediction was improved when environmental factors including physical and biological variables were added. This network for prediction of price and catch was considered to be applicable for other fishes.

• 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.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.53 no.3
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• pp.266-275
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• 2017

The maximum sustained yield (MSY) of shellfish caught through dredge fishery was 7,250 to 7,490 MT from 1990 to 1999, which was not affected by the construction of the Saemangeum Dike. The MSY from 2000 to 2016, under the influence of the dike, was 1,716 to 1,776 MT when the total annual fish catch was 1,000 MT or more, and 289 to 336 MT when it was less than 1,000 MT. The construction of the Saemangeum Dike led to a decrease in the catch volume of the offshore dredge fishery in Jeollabuk-do, to 4.2 to 23.7% of that before its construction. The allowable biological catch (ABC) was estimated to be 313 to 1,532 MT per year, which was about 72.3 to 94.3% less than before the construction of Saemangeum Dike. Currently, the dredge fishery in Jeollabuk-do relies on comb pen shells. For fishery management, the catch per vessel should be set at 51.0 MT/year or less, and the number of fishing vessels should be reduced to 22 as quickly as possible. Besides, in the long term, the number of current fishing vessels should be reduced to less than half in consideration of the comb pen shell collecting period in Jeollabuk-do.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.57 no.2
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• pp.173-184
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• 2021

In this study, internationally widely utilized bioeconomic models were used to make a comparison and analyze the effectiveness of red snow crab fisheries management measures. As a specific effect analysis, biological and economic effects of both total allowable catch (TAC) and effort reduction management measures were analyzed simultaneously. Model results showed that the red snow crab biomass would be decreased from 106,000 tons to 73,076 tons after ten years when the TAC is set to and maintained at the current level of 26,000 tons. The amount of biomass would be increased to 125,316 tons when the level of TAC is set to 22,000 tons. In cases of reduced fishing efforts, a 30% decrease from the current level would result in greater biomass and NPV would be also estimated at the highest level. In addition, a sensitivity analysis by market price was conducted to analyze the minimum TAC level of the red snow crab offshore pot fishery. Results showed that the minimum TAC level would be 8,210 tons when the market price increased by 30% and it would be also 15,247 tons when the market price decreased by 30%. Furthermore, results of the sensitivity analysis by fishing cost showed that the minimum TAC level was analyzed to be 13,857 tons when the fishing cost increased by 30% from the current level.

• Environmental and Resource Economics Review
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• v.17 no.4
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• pp.775-812
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• 2008

This paper provides a theoretical approach to the New Zealand's Catch-Balancing Regime (CBR) with a reporting requirement under the Individual Transferable Quota (ITQ) system. The enforcement strategy depicted draws on recent literature regarding practical applications of the Revelation Principle. New Zealand's use of CBR-specific instruments such as deemed values, remains to be improved. However, some of its features can constitute a valuable example for regulators seeking to improve their methods of dealing with issues as bycatch or overfishing in order to maintain Total Allowable Catch (TAC) levels under emerging ITQ systems. The enforcement strategy analyzed has the potential to provide a more sustainable and efficient management of the fish stock, reduce discarding and stabilize monitoring costs, while improving the level of reporting compliance.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.41 no.2
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• pp.107-112
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• 2008

To evaluate uncertainty and risk in biological reference points, we applied a bootstrapping method and a Bayesian procedure to estimate the related confidence intervals. Here we provide an example of the maximum sustainable yield (MSY) of turban shell, Batillus cornutus, estimated by the Schaefer and Fox models. Fitting the time series of catch and effort from 1968 to 2006 showed that the Fox model performs better than the Schaefer model. The estimated MSY and its bootstrap percentile confidence interval (CI) at ${\alpha}=0.05$ were 1,680 (1,420-1,950) tons for the Fox model and 2,170 (1,860-2,500) tons for the Schaefer model. The CIs estimated by the Bayesian approach gave similar ranges: 1,710 (1,450-2,000) tons for the Fox model and 2,230 (1,760-2,930) tons for the Schaefer model. Because uncertainty in effort and catch data is believed to be greater for earlier years, we evaluated the influence of sequentially excluding old data points by varying the first year of the time series from 1968 to 1992 to run 'backward' bootstrap resampling. The results showed that the means and upper 2.5% confidence limit (CL) of MSY varied greatly depending on the first year chosen whereas the lower 2.5% CL was robust against the arbitrary selection of data, especially for the Schaefer model. We demonstrated that the bootstrap and Bayesian approach could be useful in precautionary fisheries management, and we advise that the lower 2.5% CL derived by the Fox model is robust and a better biological reference point for the turban shells of Jeju Island.

• Environmental and Resource Economics Review
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• v.26 no.4
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• pp.613-639
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• 2017

A Maximum Entropy (ME) Model and an Analytical Model are analyzed in assessing Kapenta stock in Lake Kariba. The ME model estimates a Maximum Sustainable Yield (MSY) of 25,372 tons and a corresponding effort of 109,731 fishing nights suggesting overcapacity in the lake at current effort level. The model estimates a declining stock from 1988 to 2009. The Analytical Model estimates an Acceptable Biological Catch (ABC) annually and a corresponding fishing mortality (F) of 1.210/year which is higher than the prevailing fishing mortality of 0.927/year. The ME and Analytical Models estimate a similar biomass in the reference year 1982 confirming that both models are applicable to the stock. The ME model estimates annual biomass which has been gradually declining until less than one third of maximum biomass (156,047 tons) in 1988. It implies that the stock has been overexploited due to yieldings over the level of ABC compared to variations in annual catch, even if the recent prevailing catch levels were not up to the level of MSY. In comparison, the Analytical Model provides a more conservative value of ABC compared to the MSY value estimated by the ME model. Conservative management policies should be taken to reduce the aggregate amount of annual catch employing the total allowable catch system and effort reduction program.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.34 no.3
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• pp.241-258
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• 1998

The experimental demersal trawl surveys to provide the essential information for the assessment, management and utilization of commercially important fish stocks in the southern waters of Korea were carried out during five research cruises between October 1996 and October 1997 by the training ship “KAYA” of Pukyong National University. The biological sampling was conducted by using the trawl net with a cover net of 36 mm in mesh size at 64 planned trawl stations during daylight to identify the biological characteristics of fish. Each catch was standardized into catch per unit of time and the catches at each trawl station were sorted, weighed and counted by species. The changes in catches of each fish species and the shifts in dominant species by seasions and sampling regions in the research area were analyzed, and the abundance of fish was estimated from the relationship between the trawl catches and the volume of the water column sampled by demersal trawls. The results obtained can be summarized as follows : 1. During the 64 demersal trawls conducted in the southern waters of Korea, 129 species including 112 species of fishes, 8 species of Cephalopoda and 7 species of Crustacea, were identified Also, during the 1996 and 1997 trawl surveys in the reseach area, a large number of commercially important species with small differences in proportion was found. me proportion of Japanese horse mackerel which comprised 19.8% of the total catch by weight was highest, followed by chub mackerel(15.0%), swordtip squid(9.0%), redwing searobin(6.2%), konoshiro gizzard shad(6.1%), Japanese flying squid(5.8%), silver pomfet(5.1%), blackmouth goosefish(5.1%), etc. Swordtip squid, Japanese flying squid, blackmouth goosefish and blackthroat seaperch were among the dominant species in all seasons with a relatively high and stab1e proportion(3.6~9.0%), and were widely distributed in the entire southern water of Korea. 2. The catch rates by cover net varied at 0.7~91.9% by weight of the total trawl catch by codend and cover net at 64 planned trawl stations and the mean catch rate was 44.4%. Species comprising a major portion of the catches by cover net mainly were swordtip squid, konoshiro gizzard shad, the juveniles of Japanese horse mackerel, blackthroat seaperch and chub mackerel, etc. 3. The distribution density of fish in terms of biomass per unit volume which derived from the catch data by 63 bottom trawl hauls in the southern waters of Korea ranged from 17.9 $\times$ 10-6 to 1,440.9 $\times$ 10-6kg/m3 with the mean value of 153.8 $\times$ 10-6 kg/m3. These fish densities varied between seasons, location of sampling stations and sea conditions. From these results, it is worth noting that the catch composition of multispecies and the increased occurrence of small fish in the southern waters of Korea may also result in new problems in determining the total allowable catch(TAC) levels for economically important species.