• Title/Summary/Keyword: Benefit/Cost Analysis

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An Analysis on the Ancillary Benefit of Greenhouse Gases Reduction in Korea

  • Yanghoon Song;Han, Wha-Jin
    • Journal of Korean Society for Atmospheric Environment
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    • v.19 no.E1
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    • pp.41-50
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    • 2003
  • Greenhouse gases (GHG) could lead to global warming, which may bring about various disturbances to global ecosystem. Other than primary benefits that are too extensive, the ancillary benefit from GHG reduction has been estimated to provide justification for national actions. Five scenarios for 5 to 40% reduction of GHG were evaluated for the benefit/cost efficiency, using the cost estimates from a previous study. Their benefits were also estimated using a European model. As a result of this study, it can be concluded that lower reduction scenarios (5∼10%) seem to be more efficient than higher reduction scenarios (30∼40%).

Cost-benefit Analysis of a Farmstead-specific Early Warning Service for Agrometeorological Disaster Risk Management (농업기상재해 위험 관리를 위한 농장별 조기경보서비스의 비용편익 분석)

  • Shim, Kyo-Moon;Jeong, Hak-Kyun;Lim, Young-Ah;Shin, Yong-Soon;Kim, Yong-Seok;Choi, In-tae;Jung, Myung-Pyo;Kim, Hojung
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.19 no.3
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    • pp.195-202
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    • 2017
  • This study aims to suggest the basics for the implementation of the farmstead-specific early warning system (FEWS) for weather risk management nationwide. A survey by questionnaire was conducted to examine farmer's response, and a cost-benefit analysis was made to examine the effect of the FEWS on the economy. The farmers who volunteered to participate in this survey responded that they were generally satisfied with the FEWS, and that they used it well for farming. Willingness to pay (WTP) for the early warning service was estimated to be 8,833 KRW per month by survey respondents. If the early warning service is extended to nationwide and 50% of farmers use it for six months, then the ratio of benefit to cost will be 2.2, indicating that nationwide expansion of the FEWS is very feasible.

Benefit-Cost Analysis of Ecological City -Focusing on Eco-facilities of New Town in Kimpo Yangchon- (생태도시의 비용편익분석 -김포양촌의 생태시설을 중심으로-)

  • Kang, Sang-Mok;Moon, Seog-Woong;Min, Dong-Ki;Sin, Young-Chul
    • Journal of Environmental Policy
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    • v.8 no.3
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    • pp.181-206
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    • 2009
  • The purpose of this paper is to analyze economic adequacy by estimating the benefit-cost for bird eco-park, eco-center, eco-river, and eco-waterway, which will be built in the new town of Kimpoo, Yangchon. This paper attempts an economic analysis for the development of an eco-friendly new town. The rates of B/C (benefit-cost) in all scenarios are over one. Especially, the B/C rate of the eco-center is the most efficient of the four eco-facilities by 5.02 - 3.75. In addition, the construction costs of the five eco-facilities are assumed to be 50 percent higher, though their economic soundness is maintained. This paper implies that providing ecological variety is one of the core components in constructing housing complexes and suggests that the construction of housing be harmonized with zero-carbon and energy efficient methods.

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A Study on the Pro-Environmental Energy Supply Program of Urban Enterprises on the concept of BAT(Best Available Technology): Application of Air Environmental Indices and Benefit-Cost Analysis Based (한 도시 사업체 에너지 수급의 최적화 방안 연구 - 대기오염지수와 경제성 평가를 중심으로 -)

  • Kwon, Yong-Sik;Kim, Yong-Bum;Chung, Yong
    • Journal of Environmental Impact Assessment
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    • v.7 no.2
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    • pp.89-102
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    • 1998
  • The purpose of this study is to seek AEI(Air Environmental Indices), PSI(Pollutant Standard Index) and the urban air quality control goal(the best available alternative energy program) by assessing the best ratio of energy types used in urban enterprises, based on harmful health effect and air quality standard and costs. This study is focused on an urban area(Puchun), where area sourcees are associated with heavy traffic, large population, and its industrial sources with large emissions. In the first step, air modeling, estimation of AEI and PSI, and benefit-cost analysis were carried out. In the second step, we assessed that 660 scenarios about the ratio of B-C oil, light oil and LNG used in urban enterprises with regard to air quality and cost. In the third step, the best available alternative energy program was selected for the ratio of energy species(B-C oil, light oil and LNG) by using the lexicographic method. From the emission analysis, main source of $NO_2$ is identified as industries and air quality is evaluated according to the ratio of B-C oil, light oil and LNG used in urban enterprise. The modeling data of TSP, $SO_2$, $NO_2$, CO, $O_3$, by ISC3 and PBM are respectively $118{\mu}g/m^3$, 0.027ppm, 0.025ppm, 2.0ppm, 0.55ppm in indurstrial area. That data are close to Environmental Air Quality Standard. By means of sensitivity analysis, we obtained the difference in concentration between the areas(Nae-dong, Joong-dong) according to the ratio of B-C oil, light oil and LNG used in the industries. From the result of alternatives assessment the lowest AEI value and cost, the ratio of B-C oil, light oil and LNG are 2.5%, 20%, 77.5%, respectively.

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A Study of Feasibility Study on Construction a Public Library (공공도서관 건립 타당성 조사에 관한 연구)

  • Lee, Sang-Bok
    • Journal of Korean Library and Information Science Society
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    • v.35 no.4
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    • pp.491-516
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    • 2004
  • The purpose of this study is to analyze the approach of economic feasibility and political and technical feasibility in the construction of a new public library. The results show that the cost-benefit analysis using in economic feasibility have the problems of benefit counting and discount rate, and also political and technical feasibility have the problems of wrong use in the rationalization of construction project. The result of this study is expected to be useful in preparing the feasibility study.

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Economic analysis of biodegradable snow crab gill net model project (생분해성 대게 자망 시범사업의 경제성 분석)

  • Park, Seong-Kwae;Park, Seong-Wook;Kwon, Hyeok-Jun
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.45 no.4
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    • pp.276-286
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    • 2009
  • The main purpose of this research is to analyze economic feasibility of biodegradable sonw crab gill net model project. The results of benefit/cost analysis show that use of the biodegradable gear is economically feasible. Assuming that the rate of gill net lost is 5 percent, net present value was estimated 311,898,282-590,533,375won, benefit-cost ratio 1.816-1.923 and internal rate of return 7.96-10.59%. The development and diffusion of biodegradable fishing gear appear to make a significant contribution to fisheries resource conservation and marine ecosystem protection. In addition, biodegradable gear production firms may have a good opportunity of exporting it to other coastal states, depending on the progress of WTO subsidy negotiation.

Benefit/Cost Analysis of Robot-based Automated Construction System (로봇 크레인 기반 시공자동화공법의 편익/비용 분석)

  • Kim, Tae-Hoon;Lee, Ung-Kyun;Yoo, Wi-Sung;An, Sung-Hoon;Doh, Nak-ju;Cho, Hun-hee;Kang, Kyung-In
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.133-134
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    • 2011
  • While researches related with construction automation have dramatically increased, a Robot-based Automatic Construction system (RCA system) has developed for high-rise buildings in Korea. At the aspect that wide adoption of the RCA system is dependent on economic efficiency comparing with a conventional method, feasibility study on the RCA system should be implemented. However, due to practical limitations, the RCA system has tested to a seven story building. Based on the test results, this study implements a cost/benefits analysis to a simulated forty story building in order to derive more reliable data on the RCA system's practicability.

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Analysis on Economic Feasibility of Offshore wind power (국내 풍력발전의 경제성 분석에 관한 연구)

  • Shin, Youngeun
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.11a
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    • pp.149.2-149.2
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    • 2011
  • This paper conducted an analysis of economic effects of offshore wind power in Korea with benefit/cost analysis. The existing feed-on tariff, which was too low to support wind power development, was recently replaced with a Renewable Portfolio Standard(RPS), effective from 2012. According to the new regulatory policy, The Korean government has announced a strategy to draw investments worth for offshore wind farms with a total capacity of 2.5 GW over the next eight years, which is expected the change of cost and benefit. After overview the offshore wind power development status, The effects on cost can be divided by economic, environmental and social factors. Each factor will be calculated and combined by both evaluating index and using Quantification methods. At the end, the implication for the evaluation of feasibility of offshore wind power of Korea will be done.

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Development of Selection Criteria for Composite Method Using Half-PC Slab (하프슬래브를 이용한 PC 복합공법의 선정기준 개발)

  • Park, Byeong-Hun;Kim, Jae-Yeob
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2016.05a
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    • pp.103-104
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    • 2016
  • Most of studies on PC method aim at the structural analysis and development of PC members, and studies on the construction management aspect are insufficient. This study is a basic research in the construction management aspect regarding 'composite method using hollow-PC column' (HPC method), and is intended to develop assessment standards for the benefit·cost analysis of HPC method. Assessment standards for the benefit·cost analysis were composed of main-factors and sub-factors through interview with 4 experts. It was possible to classify main-factors into 4 major categories, i.e,. structural performance, construction performance, construction duration and construction cost. Sub-factors were composed of factors which were of high importance in assessing the two methods. And factors judged to be repeated or of little importance were excluded.

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The evaluation of cost-of-illness due to use of cost-of-illness-based chemicals

  • Hong, Jiyeon;Lee, Yongjin;Lee, Geonwoo;Lee, Hanseul;Yang, Jiyeon
    • Environmental Analysis Health and Toxicology
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    • v.30 no.sup
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    • pp.6.1-6.4
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    • 2015
  • Objectives This study is conducted to estimate the cost paid by the public suffering from disease possibly caused by chemical and to examine the effect on public health. Methods Cost-benefit analysis is an important factor in analysis and decision-making and is an important policy decision tool in many countries. Cost-of-illness (COI), a kind of scale-based analysis method, estimates the potential value lost as a result of illness as a monetary unit and calculates the cost in terms of direct, indirect and psychological costs. This study estimates direct medical costs, transportation fees for hospitalization and outpatient treatment, and nursing fees through a number of patients suffering from disease caused by chemicals in order to analyze COI, taking into account the cost of productivity loss as an indirect cost. Results The total yearly cost of the diseases studied in 2012 is calculated as 77 million Korean won (KRW) per person. The direct and indirect costs being 52 million KRW and 23 million KRW, respectively. Within the total cost of illness, mental and behavioral disability costs amounted to 16 million KRW, relevant blood immunological parameters costs were 7.4 million KRW, and disease of the nervous system costs were 6.7 million KRW. Conclusions This study reports on a survey conducted by experts regarding diseases possibly caused by chemicals and estimates the cost for the general public. The results can be used to formulate a basic report for a social-economic evaluation of the permitted use of chemicals and limits of usage.