• Title/Summary/Keyword: 현재가치법

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The Basic Theory and Characteristics of Explosive Welding (폭발접합의 원리와 특성)

  • 강봉용;김희진
    • Journal of Welding and Joining
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    • v.11 no.3
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    • pp.1-9
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    • 1993
  • 본 고에서는 폭발접합에 대한 원리, 접합계면 특성 및 접합공정에 영향을 미치는 변수들에 대하 여 기술하였다. 폭발접합은 접합장소에 대한 제약을 제외하고는 저렴한 시설 투자 및 간편한 방 법으로 고부가치의 제품을 생산할 수 있는 장점 때문에 선진 외국에서는 각종 산업분야에 필요한 제품을 생산하는데 많이 응용하고 있다. 현재 국내에서는 사용되고 있는 다양한 폭발접합제품을 전량수입에 의존하고 있는 실정이기 때문에 이를 국산화하기 위해서 폭발접합에 대한 기초적인 연구와 이의 응용에 대한 관심을 기울여야 할 것으로 사료된다.

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마그네트론 스퍼터링법을 이용한 Al-Ni Nano-foils의 형성 기구 및 미세구조 특성

  • Yu, Gwang-Chun;Lee, Won-Beom;Jo, Yong-Gi;Yu, Se-Hun;Kim, Hyeong-Sun
    • Proceedings of the Korean Institute of Surface Engineering Conference
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    • 2013.05a
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    • pp.175-175
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    • 2013
  • Al-Ni nano-foil은 상온에서 외부 방전 및 촉발에 따라 급속한 자기 발열 반응이 일어나는 특성을 보이며, 외부 촉발을 통해 상온에서 온도를 높일 수 없는 접합이나 마이크로 수준의 미세 접합이 가능한 접합재료로서 현재 상당한 기대가치를 갖고 있는 재료이다. 코팅기술로서 sputtering법을 이용하여 Al-Ni 다층막의 nano-foil를 제조하여 Al-Ni 혼합 비율 및 Bi-layer 수에 따른 self-propagating reaction에 대해 조사하였다.

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The Research on the Curve of Maintenance Cost from Newly Constructed Steel Box Girder Bridge (최근 가설된 강상자형 교량의 보수.보강 공사비곡선 추정에 관한 연구)

  • Kim, Young-Woo;Shin, Yung-Seok
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2009.04a
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    • pp.553-556
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    • 2009
  • 최근 우리나라의 건설 분야에서는 생애주기비용(Life Cycle Cost;이하 LCC)/가치공학(Value Engineering; 이하 VE)을 적용한 구조물 설계가 실시되고 있다. 이는, 건설교통부에서 공공건설사업의 효율성을 제고하기 위하여 실시하고 있으며, 대통령령에 따라 "건설기술관리법시행령"을 제정하여 공공사업분 수행 절차와 기준을 법제화 하였으며 이후 시행령 38조 13의 "설계의 경제성등 검토" 실시를 의무화하는 시행지침을 작성하여 수행하고 있다. 이러한, LCC/VE의 검토에서 보수 보강 공사비 산정은 유지보수공사 프로파일링을 통한 보수 보강 시기를 산정(건설교통부, 2003)하여 교량 구성요소별 보수 교체 주기를 산정(건설교통부, 2001)에서 제시한 기간을 적용하여 LCC/VE를 평가하고 있다. 하지만, 이러한 보수 보강 공사비의 적용은 일괄적인 적용이며, 예전 국내의 교량 건설기술이 현재와 같이 발전된 상태에서의 현황이 아니므로 본 연구에서는 현재 고속국도에 완공되어 운용중인 교량 구조물을 시설물의 안전관리에 관한 특별법 시행령(2008)에 따른 "시설물의 안전점검 및 정밀안전진단 지침"에 의한 교량의 초기점검, 정밀점검 및 정밀안전진단 자료를 조사 분석하여 보수 보강 공사비 곡선을 추정하려 한다.

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The Recreational Benefits of the Jangheung Multi-purpose Dam (장흥댐의 레크리에이션 편익 추정)

  • Park, So-Yeon;Lim, Seul-Ye;Ryu, Moon-Hyun;Yoo, Seung-Hoon
    • Journal of the Korean Regional Science Association
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    • v.31 no.3
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    • pp.79-97
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    • 2015
  • This paper attempts to quantify the economic value of the recreational benefits from the Jangheung dam. To this end, the contingent valuation (CV) survey was administrated to a sample of randomly selected 1,000 households from the national population. We used single-bounded model as a method of eliciting the willingness to pay (WTP) and applied a spike model to deal with zero WTP responses (72.5%) from the CV survey. The respondents were asked to state whether to pay a given amount through additional higher income tax once a year for next ten years. The results show that the annual recreational benefits of the Jangheung dam are estimated to be 1,348 won per household, which is statistically significant at the 1% level. Expanding the value to the national population gives us 24.9 billion won per year.

Economic Evaluation for Korea Type of 300 MW IGCC Demonstration Plant Technology Development Project (실물옵션을 활용한 한국형 300 MW급 IGCC 실증플랜트 기술개발사업의 경제성 분석)

  • Eom, Su-Jeong;Nam, Young-Sik
    • Journal of Climate Change Research
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    • v.3 no.4
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    • pp.271-280
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    • 2012
  • The study aims to analyze economic viability of Integrated Gasification Combined Cycle, an innovative technology to utilize clean coal effectively and efficiently in the era of energy crisis. The study is conducted to evaluate business value of 300 MW IGCC demonstration plant technology development based on binomial option, in consideration of uncertainty of fuel price. Binomial option is one of the real option valuation methods, which is ideally suited to irreversible decision making under uncertainty. With this analysis, it shows that investment value is higher compared with economic evaluation based on discounted cash flow, since this method can measure quantity. As a result, this study is proved to be economically feasible, which have a positive impact on the next generation of IGCC and the connection with Carbon Capture and Storage.

상태-공간 모형을 이용한 한국 주식시장의 합리적 거품규모 추정

  • 도소희;김동석;김인준;이회경
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.375-378
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    • 2001
  • 현재까지 행해진 주식시장 거품에 관한 연구들은 주가를 형성하는 근본요인으로서 현금배당만을 고려하고 있다. 그러나 현금배당은 경영자에 의해 조정가능하므로 진정한 기업가치를 나타내는 신호로 보기 어렵다. 따라서 본 연구에서는 기업가치를 더 정확히 반영하기 위하여 기업의 자본상에 나타나는 자금변동을 고려한 '순현금배당'을 도입한다. 상태-공간 모형과 칼만필터링 추정법을 이용하여 KOSPI 시장 자료에 대해 실증분석한 결과, 현금배당만 고려할 때와 '순현금배당'을 고려했을 때 추정된 거품이 매우 다른 양상을 보였다. 특히 한국의 금융위기시점을 고려하여 볼 때 '순현금배당'을 이용한 것이 실제 현상과 더 잘 부합하는 것으로 나타났다. 이는 주식시장의 거품을 연구하는데 있어 현금배당과 자금변동을 함께 고려하는 것이 더 정확한 추정결과를 얻을 수 있음을 시사한다.

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A Comparative Study on Improvements of Non - listed Stock Valuation System of Advanced Countries (비상장주식가치평가의 국가별 비교연구)

  • Choi, Dong-choon
    • Journal of Venture Innovation
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    • v.2 no.2
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    • pp.127-140
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    • 2019
  • A stock valuation on the tax law is based on the valuation by market price. But, unlike the listed stocks, the unlisted stocks mostly have the unclear market price. Accordingly, it is necessary to calculate the fair value which corresponds to the market price. The purpose of this paper is to examine the appropriateness of the complementary valuation method in the Inheritance Tax and Gift Tax Act and to provide suggestions for improvement. This study is intended to provide the problems and solutions relating to the valuation of unlisted stocks through analysis of foreign legal systems and actual disputes. When the actual profit/loss data are used to calculate the net profit/loss value on the present regulations, it has the different weight on the latest 3 years' net profits and losses uniformly. Therefore, to extend the range of unlisted stocks valuation and to show the independent and high professionalism of appraisal council not the subsidy appraisal agency of the National Tax Service, it is necessary to change the current rule that the commissioner of the National Tax Service unilaterally appoints the private members into the method of public offering.

The Preservation and Utilization of Modern Building of the Registered Cultural Properties System through Economical Approach (등록문화재 제도에 있어서 경제적 관점을 통한 근대건축물의 보존 및 활용에 관한 연구)

  • Kim, Jong-Hun
    • The Journal of Engineering Research
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    • v.8 no.1
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    • pp.13-22
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    • 2006
  • The purpose of this study is to find out how we can improve the Registered Cultural Properties System in order to preserve and utilize of modern buildings which have been damaged and destroyed. The main object of the Registered Cultural Properties System is to build the cultural properties preservation system. But nowadays, it is very difficult to preserve modern buildings in city areas because of the desire of development for the site. So we need to approach economically in order to compensate for Registered Cultural Properties System. In this study, I suggested 4 type of system to preserve modern buildings by economical and lawful approach.

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Cost-Benefit Analysis on Marine Transportation Safety Facility Using CVM(Contingent Valuation Method) (CVM을 이용한 해상교통안전시설 투자 편익 분석)

  • Kim, Sooyeob;Lee, Gunwoo
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2014.06a
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    • pp.73-75
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    • 2014
  • Marine transportation facility is public goods for the general public and their safety. The study used the Contingent Valuation Method (CVM), a method to estimate economic value of non-market goods, such as environmental goods. In order to analyze economic effects of marine accidents preventable by the VTS, the study estimated costs caused by marine accident cases. It conducted surveys with people and shipping companies in local areas where VTS is to be established in the future. According to a survey with people in areas where marine transportation control center is to be built (Tongyoung), the yearly benefit from building new VTS is estimated at KRW 11billion. If fees are paid in the form of income tax for five years from 2014, corresponding benefits during the same period will reach KRW 47.3 billion in current value. An analysis on economic validity of VTS establishment in Tongyong showed the B/C ration stood at 3.193, far higher than 1. The Net Present Value (NPV) was KRW 32.5 billion and the Internal Rate of Return (IRR) turned out to be 37.4% which was higher than social discount rates of 53.5%. On balance, the establishment has reasonable economic validity.

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An Economic Valuation Analysis of Building the Second Ice-Breaking Research Ship in Korea with Using Bayesian Approach (베이지안 접근법을 활용한 제2쇄빙연구선 건조사업의 경제적 편익 산정연구)

  • Cho, Seung-Kuk;Lee, Joo-Suk
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.24 no.5
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    • pp.569-575
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    • 2018
  • The need for ice-breaking research ships is growing as interest in the Arctic grows. In Korea the 7,500 ton ship Araon, launched in 2009, is the only icebreaker, and difficulty remains when conducting research at the North and South Pole. Thus, the Ministry of Maritime Affairs and Fisheries is pushing for the construction of a second icebreaker, and an economic valuation of a second icebreaker is needed. Such a study will help reduce controversy about the construction of a second icebreaker and help ensure reasonable decisions. The economic benefits of a second icebreaker were calculated using a contingent valuation method. In this study, a Bayesian Approach was applied, in contrast to previous methodology utilizing the maximum likelihood estimation method. According to this analysis, the average WTP per household was estimated at 1,999 won per year, and the total benefit from the construction of a second icebreaker was estimated at 373.9 billion won per year.