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http://dx.doi.org/10.11627/jkise.2014.38.1.52

An Economic Feasibility Study for Construction and Use of Korea Ocean Research Stations  

Song, Sang-Hwa (Graudate School of Logistics, Incheon National University)
Shin, Kwang-Sup (Graudate School of Logistics, Incheon National University)
Kim, Jae-Gon (Department of Industrial and Management Engineering, Incheon National University)
Jeong, Jin-Yong (KIOST)
Publication Information
Journal of Korean Society of Industrial and Systems Engineering / v.38, no.1, 2015 , pp. 52-64 More about this Journal
Abstract
Korea ocean research stations manage the weather and environmental data collected from coastal and ocean areas to provide short-term and long-term ocean forecasts. The purpose of this paper is to analyze and quantify economic benefits of the ocean research stations with sensors to observe physical, chemical, and biological data. The construction and operation of an integrated ocean observation station is expected to reduce uncertainty about ocean and coastal areas and to improve the quality of ocean forecasts. The economic benefits are mainly come from improved search and rescue operations, ocean pollution management, yellow dust management, and improved productivity in ocean-related industries. In addition, an input-output analysis is performed to evaluate the economic impacts of ocean research stations nationwide. The analysis shows that the system can contribute to industries such as fishing, maritime and air cargo, medical and health care.
Keywords
Ocean Research Station; Ocean Observation System; Economic Benefit Analysis; Input-output Analysis;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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