• Journal of the Korean Institute of Landscape Architecture
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• v.46 no.3
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• pp.70-78
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• 2018

Recently, the conservation of mountainous landscape and compensation for diverse demands for mountain areas such as leisure, recreation and welfare are under discussion. The purpose of this study is to investigation the perception of mountainous landscapes by those who view and recognize the landscapes and to estimate economic value by estimating the willingness to pay for the management of mountainous landscapes. This study will provide data for the management of mountainous landscapes. As a result of comparing the perception between the territorial landscape and the mountain landscape, the mountain scenery was 3.96, the management level satisfaction was 3.28, and the management necessity was 4.38, which was higher than the national landscape, while the national landscape was satisfactory but the management level was insufficient. Jeju Island (39.0%) and Gangwon (38.6%) were chosen as the most scenic areas with beautiful forest and mountainous landscape resources. The aesthetic characteristics of the vast skyline of mountain scenery, the background of the area, and the mountainous landscape that forms the landmark were evaluated highly. And, it is considered that consciousness of mountainous landscape management is heightened by 86.8% of respondents, who positively answered the Mountainous Landscape Visual Impact Assessment before the development project. The per capita payment amount for mountainous landscape management was calculated to be 3,742 won and, based on the number of visitors to the mountain National Parks in 2016, it is estimated to have an economic value of about 169.5 billion won. Policymakers have limitations in the mountainous landscape management policies of the administrative subject. Establishing a consensus on the importance and necessity of landscape management by diagnosing the status of public perception is expected to help create more effective policy direction and implement strategies for the management of these areas.

• The Journal of the Korea Contents Association
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• v.13 no.2
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• pp.440-450
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• 2013

This purpose of this paper is to study the economic effects of port-liquid freight by focusing on Korea port and induce its policy implication. For this, 29 sectors' input-output tables with port-logistic sector as an individual sector is constructed. The direct industrial effects of port-liquid freight are analysed to be an increase in about 3.6billion dollars' worth of production of the port-logistic industry, an increase in about 1.98billion dollars' worth of value-added of the industry, and the creation of about 11,589 employment in the industry. Including the indirect effects, the total effects on Korea economy are estimated to be an increase in about 4.9 billion dollar's worth of production, an increase in about 2.4 billion dollars' worth of value-added and an increase in about 17,746 employment. The total effects of port-liquid freight on Korea economy is about 2.5-3.0% of that of port-logistic total freight. the results suggest tkat thought economic effects of port-liquid freightare not large, we have to focus on policy support for port of port-liquid freight.

• Journal of Korean Society of Forest Science
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• v.100 no.4
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• pp.585-590
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• 2011

The purpose of this research is to suggest economic feasibility of cultivating Acer Mono by using profitability analysis to forest owners. To achieve this research objective, forest owner household survey with intensive cultivating has been conducted about a sap production on its age of tree. And input costs and sap production costs are calculated with silvicultural system from plant to regeneration cutting. Total income is the sum of its sap sales and thinning and regeneration cutting. The method of profitability analysis was used on the NPV(Net Present Value) and IRR(internal rate of return). Finally, when 3% discount rate is applied, NPV is about 59,436 thousand won and IRR value is 9.22% at this point. This result, therefore, proves that cultivating Acer Mono is economical feasibility to forest owners.

• The Southeast Asian review
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• v.27 no.4
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• pp.41-76
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• 2017

This paper analyses the market shares and the export similarity indexes (ESI) of Korea, Japan and China in ASEAN, and then identifies the determinants of Korea's exports to ASEAN countries using single equation cointegration approaches, such as fully modified OLS (FMOLS), dynamic OLS (DOLS), and canonical cointegration regression (CCR). Various regression results are as follows: As expected, Korea's real exports tend to increase as importing country's GDP grows. The competing third country's currency depreciation affects Korea's exports differently from country to country. Most notably, it doesn't significantly affect Korean exports in Malaysia, Indonesia and Thailand. These results suggest that bilateral or third country exchange rates are not that important or decisive factors to determine Korea's exports to ASEAN countries in the long-run while economic growth in ASEAN countries matters most.

• Economic and Environmental Geology
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• v.48 no.1
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• pp.89-101
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• 2015

The sour gas is natural gas containing components such as hydrogen sulphide and carbon dioxide that form acids when mixed with water. Element sulfur precipitates from sour gas when reservoir pressure and temperature decrease. According to the International Energy Agency, about 43% of the world's natural gas reserves(2,580 tcf or 73.057 tcm), excluding North America, are sour. The sour gas is often derived from the Germanic word 'sauer or acidic' and the etymology referred to as 'sour'. Sour gas requires special handling and infrastructure because it contains significant amounts of hydrogen sulphide, making it highly corrosive, flammable and explosive, and there fore more costly and dangerous to process. So the business of sour gas is affected by two important factors: the economic value of the gas, and the methods used in its production. According to be analyzed in the academic literature to sour gas(2000~2014) by the program of 'web of science', the research activities 145 papers in sour gas.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.469-472
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• 2003

A life cycle cost analysis model for public water supply systems should be different from the ones for other civil and architectural facilities as the operation and the maintenance cost of the water supply systems mainly come from the various mechanical systems and the pipeline systems of the collecting/treating/distributing facilities. This paper presents a cost classification scheme and a life cycle cost analysis model for public water supply systems. A value analysis (VA) procedure that is well suited for practical purposes is also presented. The presented life cycle model and the value analysis procedure were applied to a real world project, and this case study is discussed in the paper. The model and the procedure presented in this study can greatly contribute to the value-oriented design alternative selection, the estimation of the maintenance cost, and the allocation of budget for water supply system construction projects.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.34 no.1
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• pp.235-241
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• 2014

There are many traffic problems in a city such as parking, traffic jam caused by traffic induction facility. Therefore it is essential to demand for traffic demand management to building's owner whose building location causes traffic induction. According to the 90s traffic policy, government collects fee for traffic induction facility through traffic policy management and they encourage the building owner to join reduction of traffic jam program by reduction of traffic induction fee. However there are not many buildings owner joined this program because the program is not ghat beneficial. For example, if government set out parking guidance system (part of parking demanding system) in a city, it will reduce to 20% of traffic induced contributions but t can be used only once a year, so it is not efficient to used even it is valuable for about 10 years. In particular, according to the economic efficiency analysis, evaluate economically as net present value (NPV) to 2,160.44 million won, ratio of benefit/cost (B / C) to 2.44 during 10 years. Therefore this research will find out what is necessary for parking guidance system.

• Journal of Korea Port Economic Association
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• v.37 no.1
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• pp.179-196
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• 2021

Port congestion rate at Busan Port has increased for three years. Port congestion causes container reconditioning, which increases the dockyard labor's work intensity and ship owner's waiting time. If congestion is prolonged, it can cause a drop in port service levels. Therefore, this study proposed an anomaly detection method using ARIMA(Autoregressive Integrated Moving Average) model with the daily volume data from 2013 to 2020. Most of the research that predicts port volume is mainly focusing on long-term forecasting. Furthermore, studies suggesting methods to utilize demand forecasting in terms of port operations are hard to find. Therefore, this study proposes a way to use daily demand forecasting for port anomaly detection to solve the congestion problem at Busan port.

• Journal of Korean Society for Quality Management
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• v.49 no.2
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• pp.161-170
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• 2021

Purpose: The purpose of this study was to evaluate the economic value of installing public Energy storage system (ESS) facilities using a logit regression analysis and Contingent Valuation Method (CVM). We focused mainly on the environmental benefits of ESS and analyzed how the users' attitude toward environmental protection and knowledge of renewable energy affect their Willingness to pay (WTP) Methods: A single-bounded dichotomous choice (SBDC) survey was used to collect the data. We asked participants whether they are willing to pay a randomly presented cost (KRW 100, 500, 1000, 1500, 2000, 2500, 5000, 10000) along with their attitude to toward environmental protection, knowledge of renewable energy, and perceived cost of electric bill. 417 valid samples were collected and used for the analysis. Results: The results of the logit regression show that the initial bid, attitude toward environmental protection, knowledge of renewable energy, and perceived cost of electric bill significantly affect the user's WTP of public ESS facilities. The CVM results show that users are willing to pay KRW 5,049.1/month to install ESS facilities. Conclusion: : According to results, we conclude that the users agree with the need to install ESSs and that environmental benefits of ESSs are important factors for ESS adoption. Therefore, policy makers need to emphasize environmental aspects to install the ESS facilities.

• Journal of Korea Port Economic Association
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• v.37 no.3
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• pp.1-17
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• 2021

Forecasting the daily volume of container is important in many aspects of port operation. In this article, we utilized a machine-learning algorithm based on decision tree to predict future container throughput of Busan port. Accurate volume forecasting improves operational efficiency and service levels by reducing costs and shipowner latency. We showed that our method is capable of accurately and reliably predicting container throughput in short-term(days). Forecasting accuracy was improved by more than 22% over time series methods(ARIMA). We also demonstrated that the current method is assumption-free and not prone to human bias. We expect that such method could be useful in a broad range of fields.