• Proceedings of the KSR Conference
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• 2006.11b
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• pp.407-413
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• 2006

Railways are very important to get stability of railway structure as transportation system carrying a lot of passengers and freight. These days the construction of underground railway crossing such as expansion of new roads, construction of subway and gas pipe is increasing because of economic and social development. But these kinds of construction didn't take into account Cost-benefit analysis of railway which has the most important aspects of railway safety, so the results of construction didn't get a good evaluation. This study adapt Cost-benefit analysis to evaluate the economic validity of underground railway crossing. This study adjust about Cost-benefit analysis of railway part, and analyze the new method and technology of underground railway crossing constructed by Korean National Railroad and Railway Network Authority. Also this study divide between high frequency line and low frequency lineusing B/C, NPV, and IRR analysis. After analysis, B/C ratio method is the most suitable method among B/C, NPV, and IRR analysis method. Therefore this study can express economic benefit quantitatively and decrease the cost by adapting Cost-benefit analysis, and can clearly express the construction feasibility and investment effects of construction of underground railway crossing method.

• The Korean Journal of Food And Nutrition
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• v.28 no.4
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• pp.717-727
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• 2015

Although the NutriPlus program has shown considerable evidence of enhancing users' nutritional status, the budget does not cover all eligible mothers and children. This study aimed to conduct a cost-benefit analysis of the NutriPlus program to assess its economic efficiency. 53 families with 79 users in the NutriPlus program at Daejeon Dong-gu Health Center participated in this study with informed consent. The costs and benefits were estimated from both the administrator's and users' perspectives. We converted the time cost into Korean currency based on the minimum wage in 2014. The value of nutrition education and service (B2), estimated by contingency valuation method (CVM), was counted as an economic benefit. 6 families (11.3%) were recipients of national medical care and 22 families (41.5%) paid 10% of the food package cost by themselves. The total cost was \7,450,167 and the total benefit was \12,402,239. The budget for the health center (C1+C2+C3+C4) was \5,984,381 a month. Time and transportation cost for receiving nutrition education (C6) differed significantly according to the economic status of families. Household food consumption increase (C4-B4) was 40,379 in the poverty group, which was four times more than in the other groups. The net benefit (B-C) was \4,852,172 and the B/C ratio was 1.66. Therefore, the NutriPlus program is beneficial in the economic aspect as well as in the nutritional aspect. If the enhancement of nutritional status was also considered, the total benefit would be even higher. These results confirm the legitimacy of a secure budget for the NutriPlus program. And we suggest expanding its budget to cover more eligible individuals to improve people's health and welfare.

• Journal of Korean Society of Water and Wastewater
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• v.31 no.1
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• pp.63-72
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• 2017

For economic evaluation of integrated operation to sewage facilities, benefit-cost analysis was performed to watershed sewage works project in 7 watershed areas, 156 facilities. In this study, the cost before and after integrated operation was compared and benefits are calculated from the reduction of operators, increasement treated pollution loads, reduction cost through operation convenience, reduction water consumption through effluent reuse, and improvement of life benefit. The result showed that cost was 8,500million won and benefit was 16,747million won, so benefit was 49% higher than cost. B/C analysis result showed that B/C ratio was 1.97 and it is similar to other researches. The benefits of integrated operation included convenience of data management, increase of emergency response, decrease of complains with sewage which was not reflected numerically, so the benefits of integrated operation were expected much greater than this result

• The Journal of Fisheries Business Administration
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• v.44 no.3
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• pp.103-109
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• 2013

This paper analyzed that the economic effectiveness of the artificial fish reef project in the Tae-an Marine Ranching. Benefit-cost(B/C) model used to indicate the effects of economic valuation. B/C model is based on the sub-models which are Benefit Cost Ratio(BCR), Net Present Value(NPV) and Internal Ration of Return(IRR). First, the Sum of Incremental Benefit and Cost for total vessel by year in Artificial Fish Reef Area(AFRA) estimated 2,381 million won. And then, using 5.5% discounting rates and the survey data, the sub-models showed economically feasible in the all of analysis and analyzed the results as follows. BCR is 2.66, NPV is 28,014million won, and IRR is 22.78%. In conclusion, these results indicated that the artificial fish reef project in Tae-an Marine Ranching would be increase the income of fishermen as well as fish biomass.

• Economic and Environmental Geology
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• v.46 no.3
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• pp.247-256
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• 2013

In order to improve the quality assurance of the disaster mitigation projects, the economic effect of these projects in the hazardous areas was analysed. Eight project sites were selected for analyses based on the disaster data during the previous 10 years, and the investment effect was evaluated using a benefit cost ratio (B/C). The benefit was estimated using the historical disaster data and presumed to continue for 30 years, while the cost was assumed with the total project cost. Analysis results indicate the B/C ratio is larger than 1 in the difference range, depending on factors such as impact areas and discount rates. According to the analysis results, the average B/C of the eight projects is 4.1 with assuming the discount rate of 4% and the impact diameter of 5 km, which implies that a disaster management project in hazardous areas will give the positive investment effects.

• Journal of Korean Society of Forest Science
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• v.59 no.1
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• pp.9-14
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• 1983

The study was performed to decide the returns or investment efficiency of the fuel forest established project and to examine its economic value as compared the benefit with the cost occurring from that established by I.B.R.D loan. The data got from the surveying plot and other things connected with the project were applied to the measures of benefit-cost ratio and internal rate of return (IRR). The following are the results from the economic analysis of the fuel forest created by the loan per hectare 1) In case of converting the fuelwood value from the fuel forest into briquet price, the benefit-cost ratio is 1.18 at the 6 percent discount rate and the IRR is appraised to 12.2 percent 2) In the sensitivity analysis estimated by the rising rate of rural wages 27% the yearly mean, the B/C ratio is 1.07 at the 6 percent discount rate and the IRR 9.2 percent. 3) In the sensitivity analysis estimated by the rising rate of briquet price, 26% the yearly mean, the B/C ratio is 1.34 at the 6 percent discount rate and the IRR is appraised high to 15.7 percent 4) In the event of including indirect effects to the direct in the project, the economic effect could be increased just a little more.

• Proceedings of the KIEE Conference
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• 2000.11a
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• pp.46-48
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• 2000

This paper presents an approach to B/C analysis amenable to evaluate the impact of DSM programs especially on the strategic conservation programs and the load management programs. The proposed approach embedding the existing B/C analyses is applicable to the new electricity market Case studies show the B/C ratio and the avoided cost due to the impact of DSM programs.

• Proceedings of the KIEE Conference
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• 2000.11a
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• pp.190-192
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• 2000

This paper presents an approach to B/C analysis amenable to evaluate the impact of DSM programs especially on the strategic conservation programs and the load management programs. The proposed approach embedding the existing B/C analyses is applicable to the new electricity market. Case studies show the B/C ratio and the avoided cost due to the impact of DSM programs.

• Asian-Australasian Journal of Animal Sciences
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• v.5 no.4
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• pp.709-715
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• 1992

In this study attempts were made to identify the areas of single animal ploughing (SAP) in Bangladesh, causes of its localization and the socio-economic constraints hindering the expansion of the system. To determine the areas of single animal ploughing, 123 upazilas of 15 districts were surveyed. Of them, 16 upazilas were found heavily engaged with this system. A detailed investigation of 469 SAP and 439 double animal ploughing (DAP) farmers revealed that there was significant difference between the two systems in respect of cost of production and yield per unit of land. The benefit/cost (B/C) ratio was higher in SAP system. However, no significant difference was observed in respect of time required for ploughing, intensity of cropping, cost of implements, and cost of repairing implements (except yoke). The study recommends for expansion of SAP system in areas where buffaloes are concentrated. Fro this purpose, logistic and institutional supports need to be made available.

• Korean Journal of Occupational Health Nursing
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• v.4
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• pp.5-29
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• 1995

Occupational health services in Korea have been operated as dual types : one is operated by occupational health care manager and the other is health care agency without their own personnel. The performance of occupational health service should be different due to the variety of characteristics of health care manager and workplace, qualification of health care manager. This study is to analyze performance of occupational health care services with a particular consideration of job performance shape and efficiency, based on comparing those two types of health care management to show on the basic data for the settlement of more qualitative health care management system at workplace. For this study, total 391 places in Seoul and Inchon city area ; 154 places (39.4%) managed by designated health care manager and 237 places (60.6%) by the agency with their commission are selected as research samples. Tools for data collection are questionnares that have been investigated during the period of 20 September 1993-20 December 1993. Those data are compared with percentiles, mean, standard deviation and B/C ratio using SPSS PC program. Conclusions observed from the tests and each comparison could be summerized as follows : 1. Occupational health care have been accomplished at workplaces with designated people than with agencies people, and coverage rate of the occupational health care services has differences, due to management types. The reason of these results is due to visit only one or two times monthly by the agencies, while their own health care manager obsess, at the workplaces all the times. 2. Most of the expense for environmental control of all health care services expenditures shows that there is almost no fundamental improvement because more expenses are needed for procuring personal protective equipment and measuring work environment instead of environmental improvement. 3. It is investigated how much the cost of occupational health care services needs per worker, and calculated how much the cost needs per service hour per worker. The results from this show that the cost of occupational health services at workplaces with their own managers used less than the cost of health care agencies, eventually the former gives better services with less cost than the latter. 4. Benefit/Cost ratio is also produced by total benefit/total cost. The result from the above way reads 4.57 as a whole, while their own manager having workplaces reads 4.82 and the agencies do l.56. Even if their own manager performing workplaces spent more cost, this system produces more benefit than the agencies management. 5. The B/C ratio for medical organization such as local clinic, health care center and pharmacy shows more than or equal to at the workplaces controlled by the agencies. It is inferred that benefit would be much less than the cost used, with so being inefficient. 6. It is assumed that the efficiency ratio of health education is equal to reduction rate of workers medical organization visit. Estimated reduction rate 5%, 10%, 15%, show that the efficiency ratio of health education have an effect on producing benefits. It is estimated that more benefit can be produced if more qualitative education will be provided for enhancing health care efficiency. 7. Results of this study cannot be generalized because there are large scale of deviation in case of workplaces with less than 300 full time workers, but B/C ratio reads 2.69 as a whole and 3.25 at workplaces with their own health care manager are higher than 1.63 at the workplaces manged by the agencies. Finally, all the benefit concerning health care services could not be quantified, measured and shown on the value of money. This is a reason that a considerable part of benefits are so underestimated. This is also thought that measurement tools should be developed for measuring benefits of health care services with a comprehensive quantification. in the future. It is also expected that efficiency of occupational health care services should be investigated using cost-effectiveness analysis.