A Bioeconomic Analysis on the Evaluation of Buyback Program in the Korean Fisheries: Should it be stopped or continued? Public Deposited

http://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/br86b483t

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  • This study is aimed at evaluating the effectiveness of buyback program implemented last during a 10-year period using a bioeconomic model. Aggregate fisheries stocks are assessed by the surplus-production model and standardized aggregate harvest function is used in the bioeconomic model. The simulation result indicate that the fish stocks are still in the declining trend and more vessels must be decommissioned. In order to help government policymakers when planning a new buyback program, three alternative buyback policies are additionally simulated. Each policy’s biological and economic impacts projected over a 25-year period are analyzed and compared one another.
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  • Lee, Sango Go, Dohoon Kim. 2004. A Bioeconomic Analysis on the Evaluation of Buyback Program in the Korean Fisheries: Should it be stopped or continued? Peer Review: No. In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 20-30, 2004, Tokyo, Japan: What are Responsible Fisheries? Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2004. CD ROM. ISBN 0-9763432-0-7
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