Measuring Surface Water Temperature Effects on the Walleye Pollock Fishery Production using a Translog Cost Function Approach

다국어 초록 (Multilingual Abstract)

The translog cost function of Korean Walleye pollock fishery is used to examine the impact of surface water temperature change led by global climate change. Catched of walleye pollock are very sensitive to water temperature and material cost. Elasticities of production to water temperature are -9%, significantly lower than we expected. There may be alternative explanations for the productivity decrease, including the possibility of overfishing and water pollution. However, the impact of climate change is obvious and inevitable. Therefore the government may encourage local fishermen to change from current cold water to warm water fisheries. Moreover continuos monitoring for the possibility of illegal activities at the East Sea. Finally, collaborated political efforts may be needed among the nations in the East Sea to conserve a Walleye Pollock fishery.

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