Browse > Article
http://dx.doi.org/10.6106/KJCEM.2016.17.1.028

A Dynamic Approach for Evaluating the Validity of Boosting Pocliies for Green Standard for Energy and Environmental Design Certification  

Kim, Jung-Hwa (Department of Architecture and Architectural Engineering, Seoul National University)
Lee, Hyun-Soo (Department of Architecture and Architectural Engineering, Seoul National University)
Park, Moonseo (Department of Architecture and Architectural Engineering, Seoul National University)
Lee, Seulbi (Department of Architecture and Architectural Engineering, Seoul National University)
Publication Information
Korean Journal of Construction Engineering and Management / v.17, no.1, 2016 , pp. 28-39 More about this Journal
Abstract
Since 2002, Korea Government has introduced Green Standard for Energy and Environmental Design Certification for reducing GHG emission in building area. However, total number of G-SEED Certification is only around 1% of total number of approved apartment buildings despite the various boosting policies. In this situation, most boosting policies and policy improvement researches are leaning toward the supplier's aspect. However, comprehensive relation and dynamics between consumer and supplier has to be considered because housing market is operated by market participants' mutual interaction. Therefore, this research presents system dynamics models based on decision making analysis of consumer and supplier in G-SEED Certification apartment building market. Then, this research evaluate the validity of boosting policies using the model. The proposed analysis can assist government to make next G-SEED Certification boosting policy.
Keywords
G-SEED; Incentive; Apartment Building; System Dynamics;
Citations & Related Records
Times Cited By KSCI : 6  (Citation Analysis)
연도 인용수 순위
1 MOLIT(Ministry of land, infrastructure and transport), "Housing Construction Record Statistics" (Mar. 10, 2015).
2 G-SEED Certification Integrated Operation System, "G-SEED Certification Record" (Feb. 12, 2015).
3 PMO (Prime Minister's Office), Framework Act on Low Carbon, Green Growth (2013).
4 MOLIT (Ministry of land, infrastructure and transport), Green Building Supporting Law (2013).
5 MOLIT (Ministry of land, infrastructure and transport), Ministry of Environment, Green Building Certification Standard (2013).
6 Seoul Metropolitan Government, Seoul Green Building Design Standard (2013).
7 USGBC(U.S. Green Building Council), "LEED Certification Record" (Feb. 12, 2015).
8 Cho, B. J., and Jeon, Y. J. (1998). "Housing Market Structure and Performance", Report of Housing Research Institute Korea National Housing Corporation, pp. 1-60.
9 Cho, S., and Lee, S. M. (2007). "Domestic and Foreign Policy and System related to Green Building Construction", Journal of Korea Green Building Council, pp. 1-15.
10 Choi, M. J., Park, M. S., Lee, H. S., and Hwang, S. J. (2013). "Dynamic Strategies for Enhancing Apartment Brand Equity in Korean Housing Market", Korean Journal of Construction Engineering and Management, KICEM, 14(3), pp. 65-77.   DOI
11 Cho, D. W. (2013). "G-SEED Certification Trend and Development Direction", Journal of the Society of Air-Conditioning and Refrigerator Engineers of Korea, 42(9), pp. 18-26.
12 Hong, T. H., Jung, K. B., and Ji, C. Y. (2014). "Comparison of Environmental Impacts of Green and Traditional Buildings Using Life Cycle Assessment", Korean Journal of Construction Engineering and Management, KICEM, 15(3), pp. 58-65.   DOI
13 Kang, B. R. and Ye, O. K. (2014). "Analysis of the Impact of G-SEED on Real Estate Price -Focused on Apartment House-", The Geographical Journal of Korea, 48(1). pp. 79-92.
14 KICT (Korea Institute of Civil Engineering and Building Technology) (2009). "A Study on Improving Certification Criteria and Boosting Method for G-SEED", MOLIT(Ministry of land, infrastructure and transport).
15 Kim, C. S., Yoon, J. D., and Kim, G. S. (2007). "A Study on the Application of Incentive to Improve the Green Building Rating System in Multi-family Housing", Journal of Architectural Institute of Korea, 23(8), pp. 91-98.
16 Kim, J. H., and Kang, B. R. (2013). "Analysis of the Impact of G-SEED on Office Rent Market", Journal of Korea Real Estate Academy, 55, pp. 61-71.
17 Lee, H. J., Nam, K. J., and Lee, J. S. (2011). "The Impact of Green Building Certification and it's Grade on the Multifamily Housing Price", Journal of Urban Design Institute of Korea, pp. 388-397.
18 Lee, S. Y., and Shin, S. W. (2009). "A Study on the Demand for Green Condominium using PSM and UTP Methods", Housing Study Review, 18(1), pp. 89-103.
19 Lee, C. H. (2012). "The Effects of Residential Quality of Environment-friendly Apartment on Customer' s Loyalty and Re-purchase Intention: Focused on Resident of Environment-friendly Certified Apartment", Ph.D thesis, Seoul Venture University, Seoul, Korea.
20 Lee, S. Y. (2009). "The Analysis Green Apartment Sales Price of using PSM Method", MS thesis, KunKuk University, Seoul, Korea.
21 Lee, J. H. (1997). "Housing Economics: Theory and Practice", Dawoo-Munhwa Press, pp. 10-97.
22 Lim, S. J. (2007). "A Case Study of Brand Personality in Apartment : Influence from both Favorable Attitude and Premium Price on Apartment", MS thesis, Kyung-Hee University, Seoul, Korea.
23 Lee, J. H. (2009). "The Effect of Scarcity Message Type on Consumer Purchase Intension in Sales Promotion", Ph.D thesis, Sungkyunkwan University, Seoul, Korea.
24 Na, H. J., Park, M. S., Lee, H. S., and Whang, S. J. (2011). "Analysis on Liquidity Support Policy of Unsold New Houses through Utilization of CRREITs-Using System Dynamics-", Korean Journal of Construction Engineering and Management, KICEM, 14(5), pp. 12-25.   DOI
25 Whang, S. J., Park, M. S., Lee, H. S., and Yoon, Y. S. (2010). "Analysis of Korean Real Estate Market and Boosting Policies Focusing on Morgage Loans: Using System Dynamics", Korean Journal of Construction Engineering and Management, KICEM, 11(1), pp. 101-112.   DOI
26 Son, Y. J., Lee, S. H., and Kim, J. J. (2010). "Impact of Green Building Rating System on an Apartment Housing Price", Journal of Korea Institute of Ecological Architecture and Environment, 10(4), pp. 131-136.
27 Sung, H. J. (2014). "A Study on the relationship between Apartment Pre-sales Competition Rate and Housing Price Change", MS thesis, University of Seoul, Seoul, Korea.
28 Ye, J. S. (2005). "A Study of Scarcity Effect in Marketing", Ph.D thesis, Korea University, Seoul, Korea.
29 Shin, S. J. (2014). "A Feasibility Analysis of Incentives for the Green Building Certification Criteria(GBCC) of Apartment Building", MS thesis, Dong-A University, Busan, Korea.
30 Shin, S H. (2013). "Energy.Environment Policy and Industry in Era of Environmental Change", City.Environment Leadership Forum, Seoul University, Seoul.
31 Yeom, S. M. (2004). "UAE Smasung Corporation, Construction Jactpot Signs in Dubai", KOTRA(Korea Trade-Investment Promotion Agency).
32 Yoo, Y. K. (2012). "A Study on the Resident's Awareness for GBCC(Green Building Certification Criteria) in Apartment House", MS thesis, Chung-Ang University, Seoul, Korea.
33 Ahmad, S., and Simomovic, S. P. (2000). "System Dynamics Modeling of Reservoir Operations for Flood Management", Journal of Computing in Civil Engineering, 14(3), pp. 190-191.   DOI
34 Ailawadi, K. L., Lehmann, D. R., and Neslin, S. A. (2003). "Revenue Premium as an Outcome Measure of Brand Equity", Journal of Marketing, 67(4), pp. 1-17.   DOI
35 Berstein, H. M, and Russo, M. A. (2014). "Green Multifamily and Single Family Homes: Growth in a Recovering Market", SmartMarket Report, McGraw Hill Construction, pp. 1-64.
36 Brounen, D., and Kok, N. (2010). "On the Economics of Energy Labels in the Housing Market", Institute of Business and Economics Research, Program on Housing and Urban Policy, Working Paper Series No. W10-002, University of California, Berkeley, USA.
37 Elg, F. (2000). "Application of System Dynamics to Brand Management", International System Dynamics Conference Presentation, Norway.
38 Norm, M., Jay, S., and Andrew, F. (2008). "Does Green Pay Off", Journal of Real Estate Portfolio Management, 14(4), pp. 385-400.
39 Jonathon W. and MaryEllen C. N. (2011). "LEED Economic Assessment Program(LEAP)", Proceeding : ICSDC 2011 : Integrating Sustainability Practices in the Construction Industry, pp. 144-150.
40 Michael S. and Khalid S. (2009). "Incentives for Green Residential Construction", Construction Research Congress, pp. 578-587.
41 Ruegge, B., Spescha, G., and Reutimann, J. (2012). "Do Investments in Green Building Pay Off?", Inrate, pp. 1-8.
42 Schmitz A. and Deborah L B (2012). "Real Estate Markets Analysis", HyungSeol Press, p. 325.