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http://dx.doi.org/10.21729/ksds.2021.14.3.1

Preliminary Feasibility Study for Water Resources Policy Effect Analysis Direction  

Seong, Yeonjeong (Dept. of Advance Science and Technology Convergence, Kyungpook National Univ.)
Choi, Seungan (Public and Private Infrastructure Investment Management Center, Korea Development Institute)
Kwon, Hyun-Han (Dept. of Civil and Environmental Engineering, Sejong Univ.)
Jung, Younghun (Dept. of Advance Science and Technology Convergence, Kyungpook National Univ.)
Publication Information
Journal of Korean Society of Disaster and Security / v.14, no.3, 2021 , pp. 1-16 More about this Journal
Abstract
Recently, large-scale projects are required in the water resources sector considering safety and publicitythe due to uncertainty of securing water resources and changes in the ecological environment by climate change. Among these large-scale projects, the projects that fall under the preliminary feasibility study are determined by comprehensive analysis based on economic analysis, policy analysis, and balanced regional development analysis. However, most of the results of the preliminary feasibility study showed a tendency to depend heavily on economic analysis. For this reason, projects in non-metropolitan areas sometimes fail in the preliminary feasibility study. To supplement this point, the Korea Development Institute revised the standard guidelines for preliminary feasibility studies for water resources sector projects that place a high weight on policy feasibility analysis. Therefore, the objective of this study is to analyze the cases of the preliminary feasibility study conducted previously and to suggest the direction of policy analysis in the preliminary feasibility study for water resources sector projects. For this, we analyze preliminary feasibility studies conducted for 18 years from 2002 to 2019, and suggest direction of policy analysis method using the benefit items not included in the economic analysis.
Keywords
Policy analysis; Preliminary feasibility study; Cost-benefit analysis; AHP; Economic analysis;
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