• Title/Summary/Keyword: Allowance

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Real Option Study on Cookstove Offset Project under Emission Allowance Price Uncertainty (배출권 가격 불확실성을 고려한 고효율 쿡스토브 보급사업 실물옵션 연구)

  • Lee, Jaehyung
    • Environmental and Resource Economics Review
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    • v.29 no.2
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    • pp.219-246
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    • 2020
  • From the Phase II (2018~2020) of K-ETS, the offset credit from 'CDM projects that domestic companies and others have carried out in foreign countries' can be used in the K-ETS. As a result, stakeholders in the K-ETS market are actively developing overseas CDM projects, such as the 'high-efficiency cook stove project'. which can secure a large amount of credits while marginal cost is relatively low. This paper develops the investment decision-making model of offset project for the 'high-efficiency cook stove project' using the real option approach. Under the uncertainty of the emission allowance price, the optimal investment threshold (p) is derived and sensitivity analysis is conducted. As a result, in the standard scenario (PoA-S), the optimal investment threshold is 29,054won/ton, which is lower than the stock price (pspot). However, allocation entities are not only economics in the CDM project, but also CDM risk factors such as non-renewable biomass ratio, cook stove replacement ratio, equity ratio with host country, investment period and submission limitation of emission allowance. In addition, offset project developers will be able to derive the optimal investment threshold for each business stage and use it for economic feasibility checks.

A comparison of liveweight gain of lambs weaned early onto a herb-clover mixed sward and weaned conventionally onto a ryegrass-clover pasture and herb-clover mixed sward

  • Ekanayake, W.E.M.L.J.;Corner-Thomas, R.A.;Cranston, L.M.;Kenyon, P.R.;Morris, S.T.
    • Asian-Australasian Journal of Animal Sciences
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    • v.32 no.2
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    • pp.201-208
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    • 2019
  • Objective: The aim of the present study was to identify the impact of early weaning of lambs at approximately seven weeks of age onto a herb-clover mix on the liveweight gain of lambs and their dams. Methods: In 2015, twin-born lambs that weighed a minimum of 16 kg (n = 134) were randomly allocated to one of three treatments: i) Early-weaned (58 days after the midpoint of lambing) onto an unrestricted allowance (>1,200 kg dry matter/ha) of herb-clover mix (HerbEW); ii) Lambs+dams unweaned onto an unrestricted allowance of herb-clover mix until conventional weaning (95 days after the midpoint of lambing) (HerbCW); iii) Lambs+dams unweaned onto an unrestricted allowance of grass-clover pasture until conventional weaning (GrassCW). In 2016, twin-born lambs that weighed a minimum of 16 kg (n = 170) were randomly allocated to one of four treatments: i), ii), iii) (similar to 2015) and iv) Lambs+dams unweaned onto a restricted allowance (<1,200 kg dry matter/ha) of grass-clover pasture until conventional weaning (93 days after the midpoint of lambing) (Restricted-GrassCW). Results: In 2015, liveweight gain from L58 to L95 of HerbCW and GrassCW lambs did not differ (p>0.05), but were greater than HerbEW lambs. In 2016, HerbCW lambs had greater (p<0.05) liveweight gains from L51 to L93 than GrassCW followed by HerbEW and Restricted-GrassCW lambs. In 2015, liveweight gain from L58 to L95 of HerbEW ewes were greater than both GrassCW and HerbCW ewes while in 2016, liveweight gain of from L51 to L93 GrassCW and HerbCW ewes did not differ (p>0.05) but were greater (p<0.05) than those of HerbEW and Restricted-GrassCW ewes. Conclusion: These results indicate that when grass-clover pasture supply can be maintained at unrestricted intake level, there may be no benefit of weaning lambs early. However, at restricted pasture conditions lambs can achieve greater liveweight gains when weaned early onto a herb-clover mix.

A Study on Consumption-Oriented Attitude and Impulsive Buying of High School Students (고등학생의 소비지향적 태도와 충동구매에 관한 연구)

  • Lee, Min-Hee;Hong, Eun-Sil
    • Journal of Families and Better Life
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    • v.27 no.3
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    • pp.15-30
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    • 2009
  • This study explored the level and general propensity of consumption-oriented attitude and impulsive buying behavior of high school students, and clarified factors affecting impulsive buying. The research results can be summarized as follows. 1. The degree of consumption-oriented attitude and impulsive buying behavior of high school students were relatively low. 2. Consumption-oriented attitude was found to have significant differences among students based on monthly allowance, self-esteem, influence of friends, influence of mass media and influence of consumer education at school. Moreover, impulsive buying behavior was found to have significant differences according to sex, level of parents's education, fathers job, monthly household income, monthly allowance, influence of home, influence of friends and influence of mass media. 3. The impulsive buying differed significantly according to consumption-oriented attitude. That is, the group showing a higher degree of consumption-oriented attitude also indicated higher impulsive buying. 4. The variables affecting the level of impulsive buying behavior were the level of consumption-oriented attitude, influence of mass media, influence of friends and sex. In other words, consumption-oriented attitude, influence of mass media and influence of friends had a positive affect, and female students were more apt to impulsive buying than male students.

The Replacement Plans for Aged Public Water Supply Pipes in Apartment Buildings : Especially Apartment Buildings in Bucheon (공동주택의 노후 급수관 개선방안에 관한 연구 : 부천시 공동주택을 중심으로)

  • Lee, Yong-Hwa;Heo, Yong-Chul
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.27 no.4
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    • pp.228-232
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    • 2015
  • The water supply galvanized steel pipes of apartment buildings in Bucheon city constructed with building permission before 1994 have many problems such as leaks, the water containing rust, and low water pressure due to corrosion. Therefore, this study aims to find a way to renew the water supply pipes under investigation through a survey. As a result, when replacing the galvanized steel pipe with the corrosion-resistant pipe, the water supply system should also be changed from the gravity tank system to the booster pump system and the hygienic water storage tank. It is necessary to redraft the long-term repair plan including the replacement of the water supply system. Also, it is necessary to save the allowance reserve according to the modified long-term repair plan.

Factors Influencing Adolescent Lifetime Smoking and Current Smoking in South Korea: Using data from the 10th (2014) Korea Youth Risk Behavior Web-Based Survey (청소년의 평생 흡연 및 현재 흡연 영향요인: 제10차(2014년) 청소년건강행태온라인조사 통계를 이용하여)

  • Gwon, Seok Hyun;Jeong, Suyong
    • Journal of Korean Academy of Nursing
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    • v.46 no.4
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    • pp.552-561
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    • 2016
  • Purpose: The purpose of this study was to investigate factors influencing lifetime smoking and current smoking among adolescents in South Korea. Methods: Hierarchical logistic regression was conducted based on complex sample analysis using statistics from the 10th (2014) Korea Youth Risk Behavior Web-Based Survey. The study sample comprised 72,060 adolescents aged 12 to 18. Results: The significant factors influencing adolescent lifetime smoking were female gender, older age, higher stress, higher weekly allowance, lower economic status, living apart from parents, parental smoking, sibling smoking, peer smoking, observation of school personnel smoking, and coed school compared to boys' school. The significant factors influencing adolescent current smoking were female gender, older age, higher stress, higher weekly allowance, both higher and lower economic status compared to middle economic status, living apart from parents, parental smoking, sibling smoking, peer smoking, observation of school personnel smoking, and coed school compared to boys' school. Conclusion: Factors identified in this study need to be considered in programs directed at prevention of adolescent smoking and smoking cessation programs, as well as policies.

Size Analysis and Wearing Evaluation of Commercial Cheollik Dress Pattern (상용 철릭 원피스 패턴의 치수 분석과 착의 평가)

  • Ha, Ji-Hyun;Kim, Hee-Eun
    • Fashion & Textile Research Journal
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    • v.20 no.5
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    • pp.548-555
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    • 2018
  • The purpose of this study is to analyze the patterns of commercial Cheollik dresses by size analysis and wearing evaluation. Six kinds of commercial Cheollik dress patterns distributed on the market were selected and classified into two types group, A type group(A-1, A-2, A-3) consisting of flat type sleeve pattern and B type group(B-1, B-2, B-3) consisting of three-dimensional type sleeve pattern depending on the sleeve type. The size of the Cheollik dress pattern was analyzed, and wearing evaluations of the appearance, movability were carried out. Cheollik dress pattern was made in various size and many patterns were produced in the form of omission of components such as seop. It should be based on the understanding of the form and composition of the traditional Cheollik for pattern development. As a result of the wearing evaluation, A-2 showed the highest evaluation in the appearance and movability evaluations in type A. B-2 was the highest evaluation in appearance evaluation in type B. But in the evaluation of the movability, B-2 received the lowest evaluation because of little allowance. Therefore, the allowance in clothes should be considered enough for the movability. The result of this study can be provided as a basic data for the development of Cheollik dress pattern reflecting modern trend and the traditional beauty.

A Study on Local Government Official's Recognition of Treatment Change Influenced by City-County Consolidation (시군 통합으로 인한 지방공무원의 처우개선 인식도 조사)

  • 최락인
    • Journal of the Korea Society of Computer and Information
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    • v.6 no.1
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    • pp.119-129
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    • 2001
  • The purpose of this study is to make an experiment survey of what local public official in the city of Yeosu, where recently achieved city-county consolidation about the improvement of treatment, as the organization was being rearranging effectively by reducing its size and personnels to follow the trend of the times toward globalization and open-door policy. The evaluation criteria used in this study is the opinion of consolidation, the degree to which merit rating was done impartially, the assignment of working place, pay, allowance, social position guarantee, promotion, the will to work. role conflict, the level of cohesion, and the extent of involvement in decision-making According to the survey, there appeared some positive effect even in such a short period that administrative expense decreased owing to the downsizing. Concerning the treatment, however, many officials considered it get worse in general, Especially. the treatment of promotion, social position guarantee, pay and allowance was found to be below the average.

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A Study on the Programs of the Betterment in Medical Care Guarntee for Korean Seniors (한국 노인의료보장제도의 개선방안에 관한 연구)

  • Cho Young-Hwan;Kim Hyun-Joo;Park Young-Han
    • The Journal of Korean Physical Therapy
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    • v.10 no.1
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    • pp.105-125
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    • 1998
  • We are confronted by increase in old people due to the improvement in medical science, public hygiene and socioeconimic status in 20th century. But our medical security system for old people dees not meet the need for medical service of old people. Current medical insurance system restricts term and extent in allowance although the characteristics of the disease of the aged people need medical care of Bong duration and high cost. And in the medicaid system the speciality of the aged people is not recognized and the budget of the government is scanty. In addition many old people to our country are in economic distress due to low income. But the government authority does not give sufficient consideration for eld people in law, policy and budget. To improve social security system for old people it is necessary to increase the budget for the security of old people, to enhance the traditional respect for the aged, to improve medical security system by improving the accessibility to medical service and by expanding the allowance of medical insurance, and to expand the public welfare institutions. And these are roles for all the family. the society and the nation as well as the aged people themselves.

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A Study on he Clothing Behaviors of the Aged Women (노년기 여성의 의복행동 연구)

  • 김진구;이유경
    • The Research Journal of the Costume Culture
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    • v.3 no.2
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    • pp.347-370
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    • 1995
  • The elderly population of Korea has been significantly increasing due to advances in public health, medical care, and quality of life. Social, economical influence of the elderly population has been increasing, too. Research regarding elderly people is important because many elderly people take care of their appearance and clothing, and clothing plays an important role in the elderly women's everyday life. This study investigated the life satisfaction, appearance satisfaction, and clothing behavior of women aged 55 years and older who were residents of Seoul. The results of this study are as followings: 1. The importance of various factors on clothing behavior is different. They are management, clothing importance, fashion indifference, information search and purchase planning, clothing dependence, status symbol, and conformity in order of the importance. 2. Age has a positive relationship with each of fashion indifference and clothing dependence, but a negative relationship with information search and purchase planning. 3. Age has a positive relationship with each of life satisfaction and allowance. 4. Appearance satisfaction is positively related with age, but is significantly related with neither allowance nor education. 5. There are positive relationships between life satisfaction and all clothing behavior factors except status symbol. 6. Appearance satisfaction are siginicantly correlated with management, conformity, clothing dependence, and clothing importance. And life satisfaction has more significant relationship with clothing behavior than appearance satisfaction does.

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The Effect of Governmental Financial Support of Child Care on Married Women's Labour Force Participation : A Panel Data Analysis (정부의 자녀양육 보조금이 기혼여성의 노동시장 참여에 미치는 영향 : 패널분석 방법을 이용하여)

  • Han, Young-Sun
    • Journal of Families and Better Life
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    • v.32 no.6
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    • pp.89-107
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    • 2014
  • This study analyzes how governmental financial support of child care affects the participation of married women in the labor market in Korea. This dynamic analysis used data gathered over four years via the fifth to the eighth Korea Welfare Panel Studies (KWPS). The major results are as follows. First, child care allowance has a negative effect on the participation of married women in the labour market. Providing cash for child care seems to decrease women's labour market participation by cementing the role of women as the primary child care providers in the household. Second, the support for families, used by child care facilities, is found to increase the probability of married women working either part-time or full-time, thereby decreasing the burden on household budgets caused by child care costs. In conclusion, governmental policy-based child care benefits, used by child care centers, should be continued so that married women may participate in the labour market while raising their children.