This paper aims to propose a new systematic approach to analyze the factor productivity and to investigate those characteristics of factor productivity in operational and managerial perspectives. The Cobb-Douglas production function is adopted to estimate the labor and capital productivity. In estimating those productivities the data of The Research on the Actual Condition of Coastal Fisheries (RACF), especially those of Jeon-Nam Province are used. The statistical analysis of RACF data shows that the characteristics are a little bit different between labor and capital of the operational equipment in the coastal fisheries. The Cobb-Douglas type production function is useful in estimating the factor productivity, especially in case of ‘coastal Stow-net fishery’ even though the limited data is used. However, in case of ‘trap fishery,’ the Cobb-Douglas production function appears to have some limitations in estimation. This implies that estimating the factor productivities in fisheries employing broad perspectives and various methods are needed.

Abstract
Ⅰ. 서 론
Ⅱ. 분석모형설정
    1. 생산함수 및 분석자료
Ⅲ. 분석결과
    1. 연구표본과 변수의 선정
    2. 요소생산성의 분석
Ⅳ. 요약 및 결론
REFERENCES

• 김창완(부경대학교 경영학부 교수) | Chang-Wan Kim1 (Professor, Department of Business Administration, Pukyong National University)
• 어윤양(부경대학교 경영학부 명예교수) | Youn-Yang Eh (Honorary professor, Department of Business Administration, Pukyong National University) Corresponding author
• 이진수(부경대학교 경영학부 교수) | Jin-Soo Lee (Professor, Department of Business Administration, Pukyong National University)
• 송동효(부경대학교 수산기업연구소 연구원) | Dong-Hyo Song (Researcher, Rese.0arch Center of Fishery Enterprise, Pukyong National University)