IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v65y2008i3p498-507.html
   My bibliography  Save this article

The economic costs to fisheries because of marine sand mining in Ongjin Korea: Concepts, methods, and illustrative results

Author

Listed:
  • Kim, Tae Goun
  • Grigalunas, Thomas A.
  • Han, Kyung-Nam

Abstract

We illustrate a methodology for estimating the damages to commercial fisheries from entrainment and from temporary loss of seafloor habitat productivity because of marine sand mining. A Beverton-Holt, year-class model is used to estimate illustrative short-term, long-term, and indirect (food web) effects from the inception of mining through the time to recovery of the injured resource stocks. A Base Case analysis evaluates hypothetical mining for a 4Â km2 mining site with biological recovery of the mined area beginning seven months after mining ceases and the bottom excavation fills in. Sensitivity analyses also are used to illustrate damages for alternative recovery paths and for 20 hypothetical mining sites for one year of mining and for recurring mining for 5 and for 10Â years. Important qualifications and directions for further research are outlined.

Suggested Citation

  • Kim, Tae Goun & Grigalunas, Thomas A. & Han, Kyung-Nam, 2008. "The economic costs to fisheries because of marine sand mining in Ongjin Korea: Concepts, methods, and illustrative results," Ecological Economics, Elsevier, vol. 65(3), pages 498-507, April.
  • Handle: RePEc:eee:ecolec:v:65:y:2008:i:3:p:498-507
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921-8009(07)00407-7
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Grigalunas, Thomas & Opaluch, James J. & Luo, Meifeng, 2001. "The economic costs to fisheries from marine sediment disposal: case study of Providence, RI, USA," Ecological Economics, Elsevier, vol. 38(1), pages 47-58, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lai, Lawrence W.C. & Chau, K.W. & Lorne, Frank T., 2016. "The rise and fall of the sand monopoly in colonial Hong Kong," Ecological Economics, Elsevier, vol. 128(C), pages 106-116.
    2. Reinoud Joosten, 2016. "Strong and Weak Rarity Value: Resource Games with Complex Price–Scarcity Relationships," Dynamic Games and Applications, Springer, vol. 6(1), pages 97-111, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:65:y:2008:i:3:p:498-507. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Haili He). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.