• Ocean and Polar Research
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• v.25 no.4
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• pp.593-601
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• 2003

The purpose of this paper is to investigate economic feasibility of creating artificial tidal flats using cost-benefit analyses. We assumed that the cost factors are associated with designing, construction and monitoring, and the benefit factors are associated with fisheries production, habitation, prevention of disasters, water purification, aesthetic value and existence value. First, for analyzing economic feasibility, the scenario suggests that a design can be made in a year, construction can be completed in three years and monitoring must be made for 20 years. Assuming the discount rate of 7.5%, economic feasibility analyses showed that B/C was 2.26 and IRR was 14.50. This study indicated there is economic validity of implementing creation of artificial tidal flat. In addition, we carried out a sensitivity analysis at the change of discount rate and restoration rate. The result of sensitivity analysis clearly showed that economic validity is low when discount rate is over 15%, and changes in restoration rate did not significantly effect on the economic validity.

• Journal of Labour Economics
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• v.31 no.1
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• pp.59-103
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• 2008

The purpose of this study is to estimate the effectiveness of vocational training for the unemployed. The results show that the unemployed who received vocational training commended better performances than those unemployed without any vocational training in respect to the duration of job-seeking period and the success rate of obtaining a job, however no significant change can be found in their wage level after holding a job between the two groups. It can be seen from the cost-benefit analysis, although the trained unemployed show better performance than the untrained unemployed, those that were trained by the Korea Chamber of Commerce and Industry(KCCI) do not show better performance than those that were trained through a private vocational train school since the training cost is much higher in the KCCI.

• Transactions of the Korean Society of Automotive Engineers
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• v.25 no.2
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• pp.190-200
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• 2017

In general, an assessment of the benefits and costs with regard to vehicle safety standards are validated before regulations are implemented. This paper performs this validation for the mandatory automobile safety devices requirement for new micro-mobility. The reviewed car safety standards involved the installation of seat belts, airbags, ABS, crash speed standards, and pedestrian warning system. The benefit was estimated as the cost of accident reduction due to the installation of vehicle safety standards. As a result, the safety belt showed a B / C of 4.0 or higher, and it was found that the seat belt should be installed from 2017. After the seatbelt regulation in 2017, the results of the scenarios with the airbag, ABS, crash speed of 40 km/h, and the pedestrian warning system showed B / C of 1.0 or more according to the year of regulation. This study can be useful as a tool in the decision-making process with regard to the timing and type of vehicle safety standards requirement of micro-mobility in the future.

• Journal of Energy Engineering
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• v.10 no.3
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• pp.177-182
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• 2001

This paper aims at evaluating HSDI diesel passenger cars introduction. The result of economic analysis after accounting for the life cycle cost per car shows a saving of 13,836 thousand won in fuel cost per diesel car assuming a life of 10 years and the annual travel distance of 20,000km. Assuming an average travel distance of 20,000km and a 10% increase in sales of diesel passenger car, the social benefit starts to accrue from the year 2002 and, in 2010, is estimated to be 154.1 billion won relative to the gasoline passenger car. The cumulative social benefit up to 2010 under the same assumptions is expected to reach 636.8 billion won.

• Journal of Fashion Business
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• v.11 no.2
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• pp.1-13
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• 2007

The purpose of this study is to confirm Customer Voluntary Performance as a new strategy that contributes to Service Quality and maintains customer Relationship, and to understand how Service Quality and Relationship Benefits on Customer Voluntary Performance. To pursue the above purposes, the experimental model showing the working process was designed like this: Service quality - Relationship Benefits - Customer Satisfaction - Relationship Quality - Customer Voluntary Performance. To accomplish the experimental study, questionnaire method was chosen and targeted women living seoul. 721 questionnaires were used in last analysis. SPSS 8.0 was used in analysis of data. The results show that (1)Customer satisfaction was affected by Service Quality and Relationship Benefits affirmatively; (2)Relationship Quality was affected by Customer Satisfaction, Service Quality, Relationship Benefit; (3)Customer Voluntary Performance was affected by Relationship Quality and Customer Satisfaction; (4)Service Quality and Relationship Benefits influenced on Customer Voluntary Performance. This study has a important meaning that it provides marketing strategy on satisfied relationship maintenance and customer satisfaction creation.

• The Journal of the Korea Contents Association
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• v.12 no.7
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• pp.358-367
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• 2012

The importance of physical changes in volume due to changes in temperature has been known for more than a century by the petroleum industry. To examine whether there are any differences between the economic effect of automatic temperature compensation and that of installation cost. The results of the analysis show that there are no ineffective in automatic temperature compensation installation. Analysis showed the increase of price oil will impact negatively on the automatic temperature compensation, appropriate level of economic cost and economic benefit should be calculated for the policy implementation in the future's study.

• Journal of Korean Society of Water and Wastewater
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• v.31 no.3
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• pp.237-248
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• 2017

The estimation method of economical leakage management target utilized upon planning business for improvement of revenue water ratio in South Korea is presented and applicability of methods developed in this study is assessed through application on site. With a consideration of revenue water ratio in application target area, estimation method of long-term economical leakage management target is applied. Three leakage reduction methods such as replacement of residual aged pipe, leakage investigation and restoration and water pressure management are applied with a consideration of characteristics of site. Due to difficulty of obtaining data, analysis of cost/benefit by leakage reduction methods is performed by applying method of leakages estimation equation among statistical methods. As a result of application, revenue water ratio corresponding to long-term economical leakage management target is 91.6 %.

• Journal of KIBIM
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• v.8 no.4
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• pp.41-48
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• 2018

Recent technological improvements have made abundant changes in construction industry. In specific, some technical applications, such as Building Information Modeling (BIM) opens up many possibilities. Some studies have articulated the use of BIM and its advantages in construction, but most of them are theoretical, not practical. This study is to provide an insight to such obstacles in BIM research. By investigating a real project that could utilize BIM in planning and construction phases, the authors try to investigate a possible outline of advantages in BIM implementation. The study area was set to a railway construction site in South Korea. The site covers a multiple railway tracks, stations, telecommunication facilities, infrastructure facilities, railway structures, and so numerous. In the site, the authors have identified 12 errors in 7 projects that could be prevented if BIM was utilized before the construction.

• Korean Journal of Agricultural Science
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• v.48 no.2
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• pp.219-230
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• 2021

In Korea, the industry and marketing of livestock has grown because of increases in consumers' income and changes in food consumption trends. Livestock production and consumption increased tenfold from 1970 to 2018, and this rise will continue. However, the quality of marketing information for Korean livestock has remained low. The Korea Institute for Animal Products Quality Evaluation (KAPE) operates programs that provide marketing information on livestock, but the social benefits of these programs have not been objectively evaluated. The purpose of this study was to estimate the social benefit of the programs offering marketing information on Korean livestock. Survey and analysis using an economic model (double-bounded dichotomous choice contingent valuation model), revealed a few findings. First, the users of the marketing information programs offered by KAPE recognized the value of these programs and demonstrated their willingness to pay for this marketing information. Second, the social values of the programs offering marketing information on livestock were estimated as 1.1 billion won (marketing information on main livestock) or 5.3 billion won (price information on poultry), and these social values were 2 or 6 times greater than the cost to operate the programs for offering information. Finally, the program that provides marketing information on domestic livestock provides sufficient social benefits, so KAPE should expand these programs.

• 한국사회정책
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• v.24 no.4
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• pp.89-112
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• 2017

Because of low amounts of pension benefit, the Basic Pension of Korea has played a very limited role in reducing the high poverty rates of the elderly. Based on an empirical analysis of the poverty alleviation effect of alternative pension amounts, this paper shows that although the higher basic pension amounts help to reduce the absolute poverty rate of the elderly, it cannot significantly reduce the relative poverty rates. Authors contends that the main objective of the basic pension should be targeted to combat the absolute poverty level. This paper also argues that in order to reduce the relative poverty level of the elderly, the benefit level of National Pension should also be increased.