• Journal of the Korea Institute of Building Construction
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• v.22 no.4
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• pp.371-378
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• 2022

The Ryomyong Street project is the only construction project for which the construction cost is known, but its scale cannot be estimated because it is marked in North Korean Won. In this paper, the construction cost per m² of North Korean apartment building construction was calculated based on the construction and assembly amount of the Ryomyong Street project. 160 to 1 was calculated as the ratio of the building construction cost per m² between South and North Korea based on the Ryomyong Street project in Pyongyang and Seoul Housing & Communities Corporation. This ratio can be used to assume the construction size presented in North Korean won as there is no official exchange rate between the two Koreas.

• Journal of Korean Society of Environmental Engineers
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• v.32 no.5
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• pp.499-508
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• 2010

This study proposed a life cycle impact assessment index that can indicate the environment-related information of the product in monetary value such that the national geographical, environmental, and social features are fully reflected based on a damage-oriented model. First, the estimation process was classified into characterization, damage assessment, and integration stages considering the six biggest impact categories: resource depletion, global warming, ozone depletion, acidification, eutrophication, and photochemical oxidant creation. Moreover, this study came up with the 16 category endpoints related to the 6 impact categories, and the damage function, to the 4 largest safeguard subjects. The integration indices of finally identified impact categories were KRW 21.8/kg Sb, KRW 6.19/kg$CO_2$, KRW 53,000/kg CFC-11, KRW 13,100/kg $SO_2$, KRW 2,310/kg ${PO_4}^{3-}$, and KRW 3,030/kg $C_2H_4$. Using the results of this research, environmental impacts based on the environmental load generated throughout the entire life cycle of a product can serve as a single index in monetary value; thus enhancing understanding and utilization of the results of life cycle impact assessments.

• Electronics and Telecommunications Trends
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• v.22 no.3 s.105
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• pp.29-37
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• 2007

RFID 기술은 반도체 기술의 발전과 인터넷의 등장으로 인하여 지난 10여 년 동안 꾸준한 발전을 해왔으며 유통, 물류, 의료, 교육 등 다양한 분야에 적용되고 있다. 이는 향후 수 년 내에 거의 모든 물품에 태그를 부착하게 됨에 따라 유비쿼터스 환경 구축에 큰 기여를 할 것으로 기대된다. 이러한 RFID 기술은 저주파(LF), 고주파(HF), 초고주파(UHF) 및 마이크로파(M/W) 대역의 무선전파를 사용하며 각 대역의 전파 특성에 따라 동물추적, 교통카드, 물품관리, 전자화폐 등 다양한 분야에 선택적으로 적용되고 있으며, 단말기의 형태에 따라 고정형, 휴대형, 모바일 RFID 기술로 분류되고 최근에는 택시안심귀가서비스 등 휴대폰에 RFID 리더 기능이 결합된 모바일 RFID 서비스도 시범서비스를 선보이면서 우리 생활에 파고들고 있다. 또한 항만물류 관리 등과 같이 긴 인식거리가 필요한 능동형 RFID 기술을 포함하여 많은 연구와 실증실험, 시범서비스나 본사업이 이루어지고 있으며 최근에는 파렛, 케이스 단위가 아닌 물품 단위에 태그 부착을 위한 ILT 기술도 속속 선보이고 있다. 본 고에서는 시장전망이 가장 밝은 것으로 알려진 UHF 대역을 중점으로 RFID 기술을 살펴보고 이중에서도 모바일 RFID 기술을 포함한 수동형 RFID 기술, 능동형 RFID 기술 및 이와 관련한 표준화 동향을 알아본다.이를 활용한 응용 시스템에 대하여 간략히 살펴볼 것이다.

• Journal of Korean Society of Forest Science
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• v.96 no.3
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• pp.283-289
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• 2007

Benefit-cost analysis is a useful tool for organizing information on the relative value of alternative public investments like national park preservation projects. When the value of all significant benefits and costs can be expressed in monetary terms, the net value (benefits minus costs) of the alternatives under consideration can be computed and used to identify the alternative that yields the greatest increase in public welfare. However, since goods and services of national parks are not commonly bought or sold in the marketplace, it can be difficult to express the outputs of a national park preservation project in monetary terms. In this case the dichotomous choice contingent valuation is employed to elicit the public benefit value. In this paper, a distribution-free approach, Turnbull empirical distribution model, is employed to analysis the benefit value of Woraksan National Park. The result is shown that annual use and preservation values of Woraksan National Park are estimated 6.5 and l37.4 billion won. Also, flow and stock values are estimated 143.9 and 3,021.7 billion won, respectively.

• Environmental and Resource Economics Review
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• v.29 no.2
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• pp.247-270
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• 2020

The value of a statistical life (VSL) plays a very important role in estimating the benefits of environmental policy. It is used, for example, as a unit of monetization of health benefits resulting from the reduction of air pollutants, which is the basis of cost-benefit analysis of policies. The VSL can be defined as the value that people of each society are willing to pay to reduce the risk of death, so the value should reflect the characteristics of its members. In this study, we apply a choice experiment with 3,081 respondents collected through a web survey were divided into two samples according to the type of questions. Among the various estimates, the most appropriate estimate of the VSL is about 1.3 billion won from 1,528 sample, which is similar to the results of the meta-analysis using estimates from prior studies conducted in Korea. In addition, this study shows that a private prevention program is preferred to reduce the risk of death from cancer rather than a public program.

• Journal of the Korea Society of Computer and Information
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• v.26 no.2
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• pp.89-97
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• 2021

Blockchain is designed to collect and store the data recorded on the network in one block unit, and is connected and stored back and forth, and its form is similar to how the blocks are connected, so it is called a blockchain. Many companies are trying to popularize blockchain-based services at home and abroad, and blockchains are used in various industries. This study introduces the technical characteristics of the blockchain and deals with application services utilizing the blockchain. Introducing 5 types of blockchain architecture and core technologies and introducing blockchain application services that are used in payment services, blockchain service networks, blockchain real estate platforms, identity verification, cryptocurrency, diamond distribution path tracking, and blog information recording. do. It is expected to increase the understanding of the blockchain and provide usefulness in future blockchain research and service development.

• Journal of the Economic Geographical Society of Korea
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• v.5 no.2
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• pp.293-302
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• 2002

China in the era of economic transition has conducted the housing reform policy over the past 20 years. Housing providing systems have changed from the free distributing housing system under the governmental planning to the monetary housing system for individual customers. The 1998 monetary housing distribution policy, which ended the 20-year Chinese housing reform, departed from the direct distribution system that had blocked housing commodification. The purpose of the housing reform was to provide and reproduce housing without the expenses of the Chinese government and work unit (danwei), which is different from Russia. In order to achieve the housing reform, the Chinese government introduced various policies, which enabled residents to purchase housing by themselves. However, it took long for residents, who had taken government's welfare system granted, to accept housing as goods. In addition, the Chinese government's efforts to reproduce housing by market systems failed because housing was closely linked to land and was expensive consumption goods, which differentiates housing from other goods that can be commodified through market prices and diverse ownerships. Accordingly, despite a political burden, the Chinese government waived the real distribution policy for housing. After the waiver, the housing commodification process excelled through the private housing markets.

• The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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• v.21 no.4
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• pp.134-143
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• 2016

This study analyzed the characteristics of emergy inputs from environmental sources that are essential in maintaining ecological processes and providing ecosystems services of the tidal flat ecosystems in Korea. Environmental sources provided a total of $4.98{\times}10^{21}sej/yr$ of emergy to the tidal flats of Korea. The emergy inputs from environmental sources were worth 1,141 billion ￦/yr. This is the value of environmental conditions that are the basis of ecosystem services provided by the tidal flat ecosystems. The emergy input per hectare to regional tidal flats decreased along the coastline from northwest to southeast, with the highest input in the Incheon-Gyeonggi area in the central western part of the Korean coast and the lowest input in the Busan area in the southeastern end. This reflects the general distribution pattern of the magnitude of tidal ranges along the Korean coast. There was no a clear-cut relationship between emergy inputs per unit area and fishery production(expressed in emergy quantity) per unit area. However, tidal flats in the west coast with higher emery inputs per unit area produced more fishery products than those in the south coast with lower emergy inputs, suggesting a possibility that the emergy inputs could be used for the rapid evaluation and comparison of the potential for ecosystem service provision by individual tidal flats.

• Journal of Intelligence and Information Systems
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• v.24 no.2
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• pp.195-220
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• 2018

In this study, we conducted an empirical analysis of the factors that affect the change of Bitcoin Closing Price. Previous studies have focused on the security of the block chain system, the economic ripple effects caused by the cryptocurrency, legal implications and the acceptance to consumer about cryptocurrency. In various area, cryptocurrency was studied and many researcher and people including government, regardless of country, try to utilize cryptocurrency and applicate to its technology. Despite of rapid and dramatic change of cryptocurrencies' price and growth of its effects, empirical study of the factors affecting the price change of cryptocurrency was lack. There were only a few limited studies, business reports and short working paper. Therefore, it is necessary to determine what factors effect on the change of closing Bitcoin price. For analysis, hypotheses were constructed from three dimensions of consumer, industry, and macroeconomics for analysis, and time series data were collected for variables of each dimension. Consumer variables consist of search traffic of Bitcoin, search traffic of bitcoin ban, search traffic of ransomware and search traffic of war. Industry variables were composed GPU vendors' stock price and memory vendors' stock price. Macro-economy variables were contemplated such as U.S. dollar index futures, FOMC policy interest rates, WTI crude oil price. Using above variables, we did times series regression analysis to find relationship between those variables and change of Bitcoin Closing Price. Before the regression analysis to confirm the relationship between change of Bitcoin Closing Price and the other variables, we performed the Unit-root test to verifying the stationary of time series data to avoid spurious regression. Then, using a stationary data, we did the regression analysis. As a result of the analysis, we found that the change of Bitcoin Closing Price has negative effects with search traffic of 'Bitcoin Ban' and US dollar index futures, while change of GPU vendors' stock price and change of WTI crude oil price showed positive effects. In case of 'Bitcoin Ban', it is directly determining the maintenance or abolition of Bitcoin trade, that's why consumer reacted sensitively and effected on change of Bitcoin Closing Price. GPU is raw material of Bitcoin mining. Generally, increasing of companies' stock price means the growth of the sales of those companies' products and services. GPU's demands increases are indirectly reflected to the GPU vendors' stock price. Making an interpretation, a rise in prices of GPU has put a crimp on the mining of Bitcoin. Consequently, GPU vendors' stock price effects on change of Bitcoin Closing Price. And we confirmed U.S. dollar index futures moved in the opposite direction with change of Bitcoin Closing Price. It moved like Gold. Gold was considered as a safe asset to consumers and it means consumer think that Bitcoin is a safe asset. On the other hand, WTI oil price went Bitcoin Closing Price's way. It implies that Bitcoin are regarded to investment asset like raw materials market's product. The variables that were not significant in the analysis were search traffic of bitcoin, search traffic of ransomware, search traffic of war, memory vendor's stock price, FOMC policy interest rates. In search traffic of bitcoin, we judged that interest in Bitcoin did not lead to purchase of Bitcoin. It means search traffic of Bitcoin didn't reflect all of Bitcoin's demand. So, it implies there are some factors that regulate and mediate the Bitcoin purchase. In search traffic of ransomware, it is hard to say concern of ransomware determined the whole Bitcoin demand. Because only a few people damaged by ransomware and the percentage of hackers requiring Bitcoins was low. Also, its information security problem is events not continuous issues. Search traffic of war was not significant. Like stock market, generally it has negative in relation to war, but exceptional case like Gulf war, it moves stakeholders' profits and environment. We think that this is the same case. In memory vendor stock price, this is because memory vendors' flagship products were not VRAM which is essential for Bitcoin supply. In FOMC policy interest rates, when the interest rate is low, the surplus capital is invested in securities such as stocks. But Bitcoin' price fluctuation was large so it is not recognized as an attractive commodity to the consumers. In addition, unlike the stock market, Bitcoin doesn't have any safety policy such as Circuit breakers and Sidecar. Through this study, we verified what factors effect on change of Bitcoin Closing Price, and interpreted why such change happened. In addition, establishing the characteristics of Bitcoin as a safe asset and investment asset, we provide a guide how consumer, financial institution and government organization approach to the cryptocurrency. Moreover, corroborating the factors affecting change of Bitcoin Closing Price, researcher will get some clue and qualification which factors have to be considered in hereafter cryptocurrency study.

• Korean Journal of Construction Engineering and Management
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• v.13 no.4
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• pp.141-151
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• 2012

Infrastructure are the essential element in the country for they are the basic facilities forming the basis of economic activity. In Korea Infrastructure which are subject to the management of government are increasing annually, and subsequently the budget of maintenance costs is expected to rise significantly. For the effective management of the constructed and accumulated infrastructure, the integrated management of the future assets will be needed which includes the determination of the asset status, management subjects, and the location, the maintenance of their performance and state, and the prediction of the cost required to increase their useful lifetime. However, in the domestic cases the road facilities valuation has not been done systematically, and the preparation and research on this is scarce. Thus, the systematic procedure for the road facilities valuation is required. In this paper the following study was conducted to derive the reasonable asset valuation methods. First, the valuation methods was investigated and summarized throughout the domestic and international research literature. Second, to apply the investigated valuation methods to the road facilities the valuation process that reflects domestic conditions and characteristics has been developed. Third, a working Bridge, Highways, and General national ways were applied to the general valuation process, and the results were analyzed. As a final step a schematic diagram of the asset management support by WDRC valuation method was presented.