This study aimed to estimate the economic value of the recreational fishing in the Jeonnam marine ranching area as a part of the total socioeconomic evaluation of the Jeonnam marine ranching program. A travel cost method was applied to the estimation of economic value of the recreational fishing in the Jeonnam marine ranching area and input variables included annual fishing trip days, average travel cost per trip, average catch amount, monthly income, marriage, age, and personal perception on the marine ranching program. In the analysis, due to its characteristic of count data, both poisson model and negative binomial model were used. Model results indicated that a negative binomial model was statistically more suitable than the poisson model as the overdispersion problem occurred in the poisson model. All signs of the estimated parameters were estimated as previous studies showed. Based on the results, the economic value per trip of the recreational fishing in the Jeonnam marine ranching area was estimated to be 145,000 won and the annual total economic value of the recreational fishing in the Jeonnam marine ranching area was analyzed to be 2,514,000 won. In addition, the change of total value by catch rate showed that the economic value could be increased by 180,900 won as the catch increased by one kilogram.
This study investigated the status and problems of the post-project environmental management for development projects and suggested improvements of the system to achieve effectiveness for the system of the sea area utilization consultation. The post-project environmental management has had several problems such as the neglect of implementations and checks for the consultation items, the lack of actions and notifications of results, the absence of awareness and expertise of the post-project environmental management. In addition, although it is very important to verify results of actual change and modelling of marine environment before and after the projects, the marine environmental monitoring and assessment have been perfunctorily carried out. Thus, for the improvements of the post-project environmental management to the system of the sea area utilization consultation, it is extremely necessary for related stakeholders to raise awareness of the post management and implement it faithfully, and establish the post management system for conflict resolution and enforce sanctions and accountability against executory items. Furthermore, it should establish systematic monitoring system of marine environmental impact survey.
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