Economic Analysis of Swimming Crab (Portunus trituberculatus) Fry Releasing Program

Abstract

In this study, we analyzed the economic feasibility of the swimming crab (Portunus trituberculatus) fry releasing program in the West Sea of Korea. The catch rate of released fry in 2010, measured by genetic markers, was applied to the economic surplus method to estimate benefits. As a result of our analysis, the B/C ratio, as an indicator of economic evaluation, was determined to be 2.168, which means that the releasing program was economically feasible. And it was shown that the benefits to consumers is six times greater than the benefits to producers, confirming the necessity of the releasing program as a public work.