• Environmental and Resource Economics Review
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• v.21 no.1
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• pp.3-25
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• 2012

Generally speaking, firms, faced with a regulatory environment, are likely to use more or less inputs than optimal level due to allocative inefficiency of inputs. This paper, first, tests allocative efficiency of fuel inputs and calculates the divergence between the actual and optimal levels of each fuel input conditional on the optimal level of capital stock in Korean thermal power industry. Then, given that each fuel is efficiently allocated. potential reduction of $CO_2$ is estimated over the period 1987~2008. The null hypothesis of allocative efficiency with respect to all fuels is rejected, indicating that thermal power plants fail to attain cost minimization subject do market prices. Allocative efficiency between each pair of fuels is also tested; efficient uses of fuels relative to each other are all rejected. Empirical results indicate that coal and gas are used more and oil is used less than optimal level. On average, more than 10 million tons of $CO_2$ per year could be reduced by achieving allocative efficiency of fuels.

• Informatization Policy
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• v.22 no.2
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• pp.19-34
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• 2015

Due to rapid convergence trends in the digital pay TV market, differentiation among the competing medias decreases and substitutability is increasing. The current study aims to explain the effect of service substitutability among competing media on the size of domestic digital pay TV subscribers. For the analysis, the Lotka-Volterra model, an ecological competitive diffusion model, was used to obtain the basic model for a simulation study. A simulation was performed by adjusting independent variables of substitutability to estimate the size of subscriber for particular media. The relationship between the digital cable TV and the IPTV is identified as a predator-prey relationship and the digital cable TV is found to be superior to the IPTV. The simulation results showed that the increase of convergence and substitutability result in the decrease of the entire media market. Especially, the IPTV is estimated to face the greatest loss in this context.

• Proceedings of the Korea Water Resources Association Conference
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• 2020.06a
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• pp.310-310
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• 2020

자연하천에서 식생의 성장은 유속 및 수위 변화에 중요한 영향을 미치며, 따라서 식생으로 인한 흐름저항은 흐름과 유사이송 모델링을 위한 중요 매개 변수가 된다. 즉, 수치 모델을 활용함에 있어 식생의 흐름 저항을 정확하게 추정하는 것이 매우 중요하며, 보다 정확한 추정을 위해 실험 혹은 현장 데이터를 활용한 보정과정이 필수적으로 요구된다. 본 연구에서는 식생 패치를 포함한 인공 수로의 흐름 모의를 위해 실규모 실험 수로에서 측정된 유속 및 수위 데이터를 활용하여 모델보정을 수행하고자 한다. 이를 위해 공간 분포 별로 각기 다른 흐름 저항식의 적용이 가능하며, 식생 저항 공식을 포함하고 있는 Delft3D 모델을 활용하였다. 또한 실규모 수로에서의 유속 및 수위 데이터 수집을 위해 한국건설기술연구원 하천연구센터에서 실험을 수행하였다. 실험 구간의 길이는 약 120 m이고 하폭은 11 m이며, 국내 하천에서 보이는 식생패치의 유사한 형태를 재현하기 위해 하천 내 가장 많이 활착되어있는 버드나무와 유사한 형태의 인공식생을 제작하였다. 인공 식생은 지그재그로 배치되었으며, 식생의 전체 높이는 1.1 m이고, 각 패치 당 23그루의 인공 식생이 총 8개 패치에 식재되었다. 모의 조건은 상류단 유입 유량 2.805 ㎥/s, 하류단수위 98.764 m의 정류 조건을 적용하였다. 또한 식생 패치 구간에서의 흐름 저항 추정을 위해 Delft3D 모델 내에서 선택가능 한 Baptist의 비침수(Non-submerged)식을 적용하였으며, 항력계수 결정을 위해 1과 1.5를 적용하여 측정 수위와 비교하였다. Delft3D의 흐름 모의 결과, 항력계수 1.5를 적용했을 때, 측정 수위와 거의 일치하는 것으로 나타났으며, 항력계수 1.0을 적용했을 경우, 측정 수위에 비해 다소 낮게 모의되는 것으로 나타났다. 또한 항력계수 1.5인 경우 식생 패치 구간에서 평균 0.65 m/s의 유속이 발생하였다.

• Convergence Security Journal
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• v.13 no.5
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• pp.97-105
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• 2013

It is very important the government project should be supported by enough budget for proceeding. The insufficient budget by poor budget estimating uesd to bring about discontinuing for the project. This is originally caused by inaccuracy for cost estimating about system and evaluating for system requirements on the projet initial phase. The system requirements is technical requirements that converted the user needs and is needs for communicating between stakeholder and developer and manufacturer. Also the system requirements is the primary factor to make the project cost. The cost estimating is not easy due to complication of cost factors and an aberration between cost estimating and actual cost. Specially, on the project initial phase, shortage of detail information for project make more difficult to do cost estimating. This study proposes the architecture for validating proper system requirements by using cost estimations methodology on the project initial phase and shows the computer tool for simulating the proposed architecture.

• Proceedings of the Korea Water Resources Association Conference
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• 2021.06a
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• pp.385-385
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• 2021

하천에서 실제로 유속 2.0m/s 이상 발생할 시 유량측정은 매우 급변하는 유속과 수위변화에 따른 측정값의 불확실성, 운영적인 측면에서의 시·공간적 한계 등으로 고유량에 대해 정확한 유량을 산정하기 어려운 실정이다. 그리고 국가하천은 최소 80년 빈도 이상, 지방하천은 최소 50년 빈도 이상의 확률강우량 채택을 통해 고유량에 해당하는 계획홍수량을 산정하고 있으나, 실제로 높은 호우의 빈도는 쉽게 발생하지 않아 유량측정성과가 부재하거나 매우 극소수에 불과한 상황이다. 따라서 유량측정성과는 대상하천의 계획홍수량(계획홍수위) 이하의 수준, 즉 중규모 수위 이하의 구간에서 대부분의 성과를 가지고 있으므로 고유량 산정은 고수위 외삽추정식에 의존할 수밖에 없다. 고수위 외삽추정은 대체로 기 유량측정성과(h, q)와 통수단면적(AD^1/2) 자료를 이용하는 Stevens 방법을 주로 이용하며, 이 방법은 하폭에 비해 수심이 비교적 작은, 얕은 하천과 기 유량측정성과가 추정하려는 고수위 구간에 근접한 경우에 적용성이 매우 용이하다고 할 수 있다. 설마천 유역 전적비교 수위관측소의 경우는 수위 4.110m까지 최대로 통수할 수 있으며, 하폭은 24.230m, 관측 최고수위는 3.194m, 유량측정성과 최대수위는 1.613m(40.303m³/s)이다. 설마천 유역에 대해 Stevens 방법을 적용하는 경우 위 조건을 만족하지 않으므로 다른 방법으로의 접근이 필요하다. AMC-III 조건의 선행강수량과 지속기간 1시간을 갖는 최대강우강도별 관측도달시간 자료를 통해 관계식을 유도하였으며, 강우 빈도해석의 결과인 지속기간 1시간의 빈도별 강우강도에 해당하는 도달시간을 유속으로 환산하는 과정을 거쳤다. 그 결과 유속은 1.808m/s(2년 빈도_43.3mm)~4.254m/s(500년 빈도_101.9mm)이며, 기 유량측정성과의 결과인 수위, 통수단면적, 유속, 유량, 최대강우강도(86.1mm_80년 빈도)가 발생했을 때의 해당 유속(도달시간 환산값), 수위, 통수단면적을 통해 최종적으로 빈도(년)별 유속, 수위, 유량을 결정하였다. 한국하천일람(2018)에서 제시된 설마천 전체 유역의 80년 빈도 계획홍수량(315m³/s, A=17.59km²) 값은 전적비교 수위관측소(A=8.48km²)와 직접적인 비교는 어렵지만, 유역면적비(0.482)를 적용한 추정된 계획홍수량은 약 152m³/s 볼 수 있다. 상기의 빈도별 유속, 수위, 통수단면적 결과인 80년 빈도(86.1mm)-유속(3.594m/s)-수위(3.194m)-통수단면적(53.197m²)에 해당하는 계산된 유량은 191.212m³/s로 분석되었다. 그리고 최대통수가 가능한 수위 4.110m의 계산된 유량은 313.674m³/s(약 424년 빈도 추정, 유속 4.203m/s, 통수단면적 74.761m²)로 결국에는 빈도(년)에 해당하는 수위-유량관계식(고수위 외삽추정식)을 통해 고유량을 산정할 수 있었다.

• Journal of the Society of Disaster Information
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• v.12 no.1
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• pp.74-88
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• 2016

Predicting and estimating the disaster characteristics are very important for disaster planning such as prevention, preparedness, response, and recovery. Especially, if we can predict the flood damage before flooding, the predicted or estimated damage will be a very good information to the decision maker for the response and recovery. However, most of the researches, have been performed for calculating disaster damages only after disasters had already happened and there are few studies that are related to the prediction of the damages before disaster. Therefore, the objective of this study was to predict and estimate the flood damages rapidly considering the damage scale and effect before the flood disaster, For this the relationship of rainfall and damage had been suggested using nonlinear regression equation so that it is able to predict the damages according to rainfall. We compared the estimated damages and the actual ones. As a result, the damages were underestimated in 14.16% for Suwon-city and 15.81% for Yangpyeong-town but the damage was overestimated in 37.33% for Icheon-city. The underestimated and overestimated results could be occurred due to the uncertainties involved in natural phenomenon and no considerations of the 4 disaster steps such as prevention, preparedness, response, and recovery which were already performed.. Therefore, we may need the continuous study in this area for reducing various uncertainties and considering various factors related to disasters.

• Environmental and Resource Economics Review
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• v.23 no.1
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• pp.21-42
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• 2014

In this study, we are estimating the economic effects of the rising sea level due to the climate change in the Korean Eastern and Southern coastal areas. Using disaggregated regional data, we also estimate the optimal rate of coastal protection. We use FUND (The Climate Framework for Uncertainty, Negotiation and Distribution) in order to obtain estimates of the expected inundation ratios by geographical district. Our estimates suggest that in Busan the ratio of inundated land to total territory will likely constitute 3.19% by 2100, while the number in Gangwon-do province is estimated to be lower at only 0.1%. We estimate the associated economic damage to differ by geographical district with the economically active regions such as e.g. Busan and Ulsan cities, or the Gyeongsang-nam-do province, likely to sustain relatively more damage. In Busan and Ulsan where the coastal line is relatively short and the size of expected economic damage is rather high, we estimate the optimal rate of coastal protection to be at the level of 98% and 92%, respectively. In the Kyeongsang-nam-do area that is also likely to suffer a substantial economic damage due to the inundation, we suggest the optimal ratio of coastal protection to be set at the level of 78%~79%. In contrast, in the Kangwon-do province where the expected economic damage is estimated to be low, the optimal rate of coastal protection is estimated to be around 43%, depending on the scenario.

• KDI Journal of Economic Policy
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• v.27 no.1
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• pp.1-38
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• 2005

Our paper aims to estimate a household consumption function in the presence of liquidity constraints as well as household characteristics. Empirical findings from a Korean cross-sectional data (National Survey of Household Income and Expenditure) reveal that several family characteristics, such as household size, number of working members, children in school, and educational level and age of the household head, turn out to be critical determinants of household consumption. Especially, the influence of household size on consumption decision is shown to be highly significant, not only indirectly through its impact on household income, but also directly by affecting the household's preference for consumption itself. While, the other family characteristics primarily influences household income. Our paper distinguishes itself from existing literature in that it greatly improves the explanatory power of the estimated household consumption function by measuring the degree of the liquidity constraint rather than simply identifying its presence. Based on the assumption that the present value of human capital is a function of household characteristics, the degree of the liquidity constraint is represented by the underestimated portion of the human capital. Such a method of implementing the liquidity constraint is useful in treating various types of assets according to their liquidity. Finally, our estimated household consumption function is applied to decompose cross-sectional variances of consumption inequality. The analysis confirms that the overall alleviation in liquidity constraints in Korea after the 1997 currency crisis reduced consumption inequality despite the worsening of income inequality and changes in the demographic composition of family characteristics during the same period.

• Journal of Korea Port Economic Association
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• v.34 no.4
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• pp.53-68
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• 2018

This paper analyzes comparatively business performance indicators and determinants of small and medium sized shipping logistics companies in Korea, using 2015 economic census data. For this purpose, this study estimates various business performance indicators according to 2015 small and medium sized companies classification standards, including operating income to sales and gross value-added to sales. In addition, this study analyzes determinants of business performance using generalized least squares models. The results indicate that average sales, operating income and value-added, sales and operating income per worker, operating income to sales, and material cost to sales of large sized companies are higher than those of small and medium sized companies. The business performance indicators differ by industry and size. Moreover, the determinants of business performance are analyzed in terms of the unemployment rate (-), number of employees (-), sales (+), labor cost ratio (+), and labor cost per employee (-) and the impacts of the individual explanatory variables based on elasticity are different. Finally, this quantitative information could be used to improve the business performance of domestic shipping logistics companies.

• Korean Journal of Construction Engineering and Management
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• v.4 no.4 s.16
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• pp.192-200
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• 2003

The object of this research is to develop a computerized algorithm of cost estimation method to forecast the total construction cost in the bidding stage by the historical and elemental work cost data. Traditional cost models to prepare Bill of Quantities in the korea construction industry since 1970 are not helpful to forecast the project total cost in the bidding stage because the BOQ is always constant data according to the design factors of a particular project. On the contrary, statistical models can provide cost quicker and more reliable than traditional ones if the collected cost data are sufficient enough to analyze the trends of the variables. The estimation system considers non-deterministic methods which referred to as the 'Monte Carlo simulation. The method interprets cost data to generate a probabilistic distribution for total costs from the deficient elemental experience cost distribution.