• Journal of Korea Port Economic Association
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• v.26 no.2
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• pp.58-81
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• 2010

The economic appraisal of a port remodeling project must be transparent and persuasive to the public over the entire stage of the project. A project evaluator need to be familiar with the guidelines on evaluation, and to do his best to follow the guidelines to evaluate the given project. To make the right decision on investment, the evaluator must take into consideration not only economic efficiency, but also equity issues such as income redistribution and balanced development between regions. Port remodeling projects tend to produce externalities to the environment. However, these externalities are of qualitative nature, and hard to measure in monetary terms, so these are liable to be ignored in the process of project evaluation. Two different approaches - RP(revealed preference) and SP(stated preference) have been tried to assess the value of these non-market goods. Government authorities need to set minimum guidelines which project evaluators must follow in order to make the evaluation more reliable.

• Proceedings of the Korea Water Resources Association Conference
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• 2009.05a
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• pp.479-484
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• 2009

우리나라에서 많은 하천정비사업이 이루어지고 있으며 하천정비사업을 위해 하천설계가 실시되고 있다. 하천설계시 호안 설계가 중요한 비중을 차지하고 있으나 현재까지 설계된 사업에서 적절한 호안공법이 선정되었는지는 검증이 되지 않고 있다. 따라서 하천설계에 적용된 호안공법의 적합성을 평가할 필요가 있으며, 이에 따라 본 연구에서는 자연형 하천설계에 적용된 호안공법의 적합성을 평가하였다. 평가방법은 편익(B)/비용(C)방법을 사용하였다. 편익평가방법은 기존의 호안을 평가하는데 사용되는 방법을 기본으로하여 약간의 수정을 가하여 사용하였다. 평가항목은 수리적안정성, 환경생태성, 어메너티의 항목으로 되어 있고 각 항목은 몇 개의 소항목으로 구성되어 각 항목별로 평가점수를 부여한다. 다음 하천의 위치에 따라 도시, 농촌, 산지로 분류하여 위치별 가중치를 도입한다. 편익을 하천위치에 따라 3가지 항목평가 점수와 가중치를 곱한 값을 더하여 산정하였다. 비용은 호안시공비와 재료비의 합으로 산정하고 5단계로 등급을 나누었다. 최종적으로 계산된 편익과 비용을 이용하여 호안의 경제성을 평가하였다. 평가에 이용된 하천은 하천분류별로 각각 몇 개씩 선정하였으며 하천보고서를 이용하여 평가하였다. 평가결과는 각 하천별로 점수화할 수 있으며 따라서 호안설계점수를 상대적으로 비교할 수 있다. 호안공법별로 평가한 결과 식생매트를 사용한 호안의 경제성이 가장 좋으며 방틀공법을 사용한 호안의 경제성이 가장 나쁜 것으로 나타났다. 본 연구의 평가방법은 호안을 설계할 때 가장 적절한 호안공법을 선정하는데 도움을 줄 수 있을 것이다.

• Journal of Navigation and Port Research
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• v.31 no.10
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• pp.819-824
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• 2007

This paper studied safety benefit of operation-effectiveness analysis on marine traffic safety facilities. In the operation-effectiveness of marine traffic safety facilities the benefits can be divided as safety benefit, transport benefit, and other benefit. Safety benefit was produced as the loss aversion cost of marine traffic caused by the reduction of marine accidents after establishing and operating marine traffic safety facilities. First of all the reduction rate marine accidents was estimated to do it, and the detail model of loss aversion cost was constructed Then each variable in the model was defined and the method of computation presented.

• Proceedings of KOSOMES biannual meeting
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• 2006.05a
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• pp.33-40
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• 2006

To promote the consistent and effective implementation of IMO instruments such as SOLAS, MARPOL, STCW, LL, TONNAGE, COLREG IMO has adopted voluntary IMO member state audit. This audit scheme is voluntary audit which will be carried out on a voluntary basis, at the request cf the member state to be audited. Nevertheless, the Korea government is preparing the implementation of the audit scheme to strengthen the competitiveness in shipping and shipbuilding industries. In this paper, we investigated the actual conditions of implementation of mandatory IMO instruments and carried out a feasibility study by assessing the cost to be audited and positive effects expected by introducing the audit scheme. As a result of cost benefit analysis we obtained high benefit-cost ratio.

• Journal of the Korean Society of Marine Environment & Safety
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• v.12 no.3 s.26
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• pp.201-209
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• 2006

To promote the consistent and effective implementation of IMO instruments such as SOLAS, MARPOL, STCW, LL, TONNAGE, COLREG IMO has adopted voluntary IMO member state audit. This audit scheme is voluntary audit which will be curried out on a voluntary basis, at the request of the member state to be audited Nevertheless, the Korea government is preparing the implementation of the audit scheme to strengthen the competitiveness in shipping and shipbuilding industries. In this paper, we investigated the actual conditions of implementation qf mandatory IMO instruments and curried out a feasibility study by assessing the cost to be audited and positive effects expected by introducing the audit scheme. As a result of cost benefit analysis we obtained high benefit-cost ratio.

• Environmental and Resource Economics Review
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• v.12 no.1
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• pp.75-90
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• 2003

In this paper we have shown that a Pigouvian tax is an adequate resolution of congestion externality to attain Pareto optimality using utility maximization. For this objective, taking an open access freeway as an example, we not only derived both marginal private benefit and marginal social benefit, but also assessed the divergence between marginal private benefit and marginal social benefit. As a result, we identified that the amount of a Pigouvian tax should be the same amount as the external time cost, which is the value of the marginal time cost to Individual a incurred by Individual b through freeway congestion. This Pigouvian tax coincides with the profit or wealth maximizing toll suggested by literature on the basis of profit maximization. In addition, because an open access freeway is accounted as common property resource, we proved that average social congestion cost is essentially equal to marginal private congestion cost in our model. Finally, we showed that the optimal value of trip derived in our model is the same as that generated on profit maximization approach.

• Journal of Korean Society for Geospatial Information Science
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• v.10 no.4 s.22
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• pp.85-93
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• 2002

Since the National Geographic Information System(NGIS) project of 1995, the geographic information projects have been promoted in various areas such as central and local governments. In the fact that large scale budget has been invested to geographic information projects as a national policy, the cost-benefit analysis would be essential to enhance the efficiency of the resource allocation. In this circumstance, this study analyzes the costs and benefits of geographic information produced by NGI(National Geography Institute). As a result of the cost-benefit analysis, the total amount of benefits were estimated approximately 620 million dollars and the accumulated ratio of the cost to benefit was 1 to 4.4. Also, the internal ratio of the benefit was 38%, which justified the large scale investment. In case of adding qualitative benefits which can not be measured in a quantitative term, the overall benefits from using such geographic information would be much higher than quantitative benefits. Further research work is required for more objective verification of the large scale national project such as building nationwide geographic information.

• Journal of the Korea Convergence Society
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• v.11 no.12
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• pp.409-418
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• 2020

The purpose of this study is to analyze the economic feasibility of public postpartum care centers established for health care of low-income postpartum mothers. 6 of 8 public postpartum care centers were used to verify the economic feasibility and research data were collected through the centers. A sensitivity analysis was performed with the bed turnover rate, assuming that users in a postpartum care center will be decreased. As a result, B/C ratio was estimated to be 1.50 and the net benefit was estimated to be KRW 186,557 in million. A sensitivity analysis showed that B/C was 1.42 at 17.4 of bed turnover rate and 1.26 at 15.4 which indicates the lowest bed turnover rate among subjects. A public postpartum care center was evaluated as economically feasible as public works. Therefore it is necessary that the public postpartum care centers operated by local governments should be expanded through legal amendment.

• Journal of Korean Library and Information Science Society
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• v.32 no.4
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• pp.419-447
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• 2001

This study is to analyze a cost-benefit and a cost-effectiveness on the basis of number full-text downloaded from IDEAL in the electronic journals consortium of Y University Library during 2000. The result of this study shows that Y University Library used more the combined print and electronic journals than only electronic journals, and in the case of the analysis on the cost-benefit, there was no benefit, but the cost-effectiveness was very high. Based upon the result of this study, it suggests that academic libraries request a trial from the information agency and carry out user instruction analysis of varied use statistics, user satisfaction survey so as to promote use of electronic journals.

• Proceedings of KOSOMES biannual meeting
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• 2008.05a
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• pp.69-74
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• 2008

The aim of this paper is to calculation benefit cost for development of Hwawon leisure & tourism complex. To calculation benefit cost, this paper propose a advanced travel cost method(ATCM) which is to consider Improved travel cost method(ITCM) and variable traffic units with confidence degree cf decision-maker. At the result of calculation, total benefit costs are 292805 million won at 52% of confidence degrees and 10% discount rates.. Also total benefit cost is 304517 million won at 4% of GDP growth rate is 4%.