Analysis on the Effectiveness of Self-Governing Coastal Fisheries Using Propensity Score Matching in Jeju Region

Recently, coastal fishing production has been decreasing. To make it worse, the budget for self-governing coastal fisheries, one of Korea"s fisheries resource management policies, has been reduced due to a lack of performance evaluation. In order to fight these issues, we analyzed the effects of self-governing coastal fisheries by matching variables with similar tendencies between participating and non-participating groups in self-governing coastal fisheries. We used the propensity score matching method. We collected the fishing communities survey data from the National Federation of Fisheries Cooperatives database focusing on the Jeju region. The empirical results revealed that the annual profit of participating group is higher than that of the non-participating group by about KRW8,060,000. This clearly indicates the positive effects of self-governing coastal fisheries.