• 제목/요약/키워드: Budgeting System

검색결과 69건 처리시간 0.025초

EVALUATION OF MINIMUM REVENUE GUARANTEE(MRG) IN BOT PROJECT FINANCE WITH OPTION PRICING THEORY

  • Jae Bum Jun
    • 국제학술발표논문집
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    • The 3th International Conference on Construction Engineering and Project Management
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    • pp.800-807
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    • 2009
  • The limited public funds available for infrastructure projects have led governments to consider private entities' participation in long-term contracts for finance, construction, and operation of these projects to share risks and rewards between the public and the private. Because these projects have complicated risk evolutions, diverse contractual forms for each project member to hedge risks involved in a project are necessary. In light of this, Build-Operate-Transfer(BOT) model is considered as effective to accomplish Public Private Partnerships(PPPs) with a characteristic of an ownership-reversion. In BOT projects, the government has used such an incentive system as minimum revenue guarantee(MRG) agreement to attract the private's participation. Although this agreement turns out critical in success of BOT project, there still exist problematic issues in a financial feasibility analysis since the traditional capital budgeting theory, Net Present Value(NPV) analysis, has failed to evaluate the contingent characteristic of MRG agreement. The purpose of this research is to develop real option model based on option pricing theory so as to provide a theoretical framework in valuing MRG agreement in BOT projects. To understand the applicability of the model, the model is applied to the example of the BOT toll road project and the results are compared with that by NPV analysis. Finally, we found that the impact of the MRG agreement is significant on the project value. Hence, the real option model can help the government establish better BOT policies and the developer make appropriate bidding strategies.

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가족복지전달체계 통합을 위한 기초연구 : 건강가정지원센터와 다문화가족지원센터를 중심으로 (The Basic Study of Integration for Family Welfare Delivery System : Focused on Healthy Family Support Centers and Multicultural Family Support Centers)

  • 이승미;송혜림;라휘문;박정윤
    • 가정과삶의질연구
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    • 제30권5호
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    • pp.1-15
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    • 2012
  • The purpose of this study is various discussion and alternatives focusing on integration of center for enhancing family policy delivery system and family support service the long term. The subject is managers who work at Healthy Family Support centers and Multicultural Family Centers. And they are responded non-structural questionnaire. The results were follows: First, 82.4% respondents of healthy support center and 50% respondents were in favor of integration. Second, reason of integration are conformance for social integration, the efficiency of center operations, the adequacy of program for various family, doing program with the goal of both centers of the similarity, complementary, and user convenience, prevent duplication and missing of services and so on, If the amount charged against the project of the center dissimilarity of institutions, including the operating direction was different. Third, the Center for the meaning of integration are name, organization, reorganization or consolidation of functions, was regarded as entrusted to corporate consolidation. Fourth, the consolidation that occurs during problem solving to ensure the succession of budgeting and human resources and program alternative for dressing up, commissioning center was the difference as problem solving.

한국(韓國)의 아시아신흥공업국(新興工業國) 및 일본(日本)과의 대미수출경쟁(對美輸出競爭) : 환율효과(換率效果)를 중심(中心)으로 (Structure of Export Competition between Asian NIEs and Japan in the U.S. Import Market and Exchange Rate Effects)

  • 좌승희
    • KDI Journal of Economic Policy
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    • 제12권2호
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    • pp.3-49
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    • 1990
  • 본고(本稿)는 AIDS(Almost Ideal Demand System) 수요모형(需要模型)을 이용하여 한국(韓國) 등 아시아 신흥공업국(新興工業國)과 일본(日本)을 포함하는 아시아 5국(國)으로부터의 미국(美國)의 수입수요(輸入需要)를 분석함으로써 이들간의 대미수출경쟁관계(對美輸出競爭關係)를 분석하고 있는데, 특히 환율변동(換率變動)이 이들 5개국(個國)의 대미수출(對美輸出)에 미치는 효과를 중점적으로 분석하고 있다. 분석결과에 의하면, 아시아신흥공업 4국(國)은 일본(日本)과는 경쟁적인 반면 서로간에는, 홍콩과 싱가포르간의 경쟁적인 관계를 제외하면, 보완적인 관계를 유지하고 있다. 그리고 이들 아시아 5국(國)은 모두가 서구선진국그룹에 대해서는 경쟁적인 반면 미국(美國)의 국내재(國內財)와는 보완적인 관계를 보이는 것으로 관찰되었다. 한편 이러한 결과에 따라 환율효과(換率效果)를 분석해 보면, 한국(韓國)의 경우 엔화(貨)의 대미(對美)달러환율(換率)이 1% 인상되면 대미수출물량(對美輸出物量)을 일정 수준에 유지하고자 할 경우는 원화(貨)의 대미(對美)달러환율(換率)도 약 1% 정도는 인상되어야 하지만, 대미수출점유율(對美輸出占有率)을 일정 수준에 유지하려면 원화(貨)의 대미(對美)달러환율(換率)은 최악의 경우 약 3%까지도 인상되어야 하는 것으로 나타났다. 이와 같이 한국(韓國)은 대미수출시장점유율(對美輸出市場占有率)이나 수출물량(輸出物量)의 유지를 위해서, 원화(貨)의 대미(對美)달러환율(換率)이 여타 NICS통화환율(通貨換率)의 움직임보다도 오히려 엔화(貨)의 대미(對美)달러환율(換率)의 움직임을 보다 잘 반영할 수 있도록 함으로써 엔화(貨)의 대미(對美)달러환율인상(換率引上)에 따른 수출저상효과(輸出沮喪效果)를 상쇄시켜 나가야 할 것이라는 시사를 얻게 되었다.

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공공아파트 계획설계단계에서의 공사비 예측모델 (Cost prediction model of Public Multi-housing Projects in Schematic Design Phase)

  • 권호석;문현석;이성균;홍태훈;구교진;현창택
    • 한국건설관리학회논문집
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    • 제9권3호
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    • pp.65-74
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    • 2008
  • 국내 건설산업의 공공 발주자는 사업의 초기단계의 사업비관리에 대한 중요성을 충분히 인식하고 있음에도 불구하고 체계화된 공사비 산정시스템을 보유하고 있지 못한 실정이다. 이에 신규 공공 건설공사를 기획하고 사업비를 책정하는 단계에서는 예산을 수립하는 담당자가 기존의 실적데이터와 경험을 바탕으로 공사비를 추정하고 있으며, 기본설계단계와 실시설계단계 이후 산정된 공사비를 책정된 예산과 비교 후 사업의 추진여부를 검토하거나 설계내용을 예산에 맞도록 변경하고 있다. 이에 본 연구에서는 공공아파트의 사업초기단계에서 공사비를 산정할 수 있는 공공아파트 계획설계단계에서의 공사비 예측모델을 개발하고자 하였다. 본 연구의 결과를 바탕으로 계획설계단계에서 공사비를 예측하고 사업비 및 전반적인 설계를 관리한다면 지금보다 더 효율적인 방법으로 국가의 재원을 적절하게 책정하고 집행할 수 있을 것으로 판단된다.

都市林學(Urban Forestry)의 學問的 體系와 都市綠地空間에 對한 適用 硏究 (Urban Forestry's Scientic System and it's Application to Urban Openspace)

  • 조영환
    • 한국조경학회지
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    • 제18권3호통권39호
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    • pp.171-190
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    • 1990
  • It is the purpose of this study to address how to manage the urban vegitation using the concept of Urban Forestry which is relatively new to Korea. When we consider the Urban Forestry as a science, We should understand it interdisciplinary subject which includes Forestry, Horticulture, Urban Planning, Landscape Design, Landuse Planning, Business and Humanities. It may say that people and tree are the fundermental components of Urban Forestry. So there are two ways of Urban Forestry Applications-How people care for trees and How trees care for People-. For the application, this study places the focus on the monetary valuation, tree inventory system and traditional forestry application to urban forest management. Pubic Relation, Communication, Ordinances and Budget are also mentioned as a part of Urban Forestry Policy. Monetary valuation of trees and forests is very important for the proper cognition of their real value. So that, they may be equated and weighed against conflicting uses which would cause to be removed or severely mutilated. A tree inventory system which is the essential part of urban tree management can provide the pertinent information about the present condition of urban tree resource. It may aid in reducing the subjectivity of tree management decisions and stimulate them to be made rapidly and can help reduce potential municipal liability by identifying serious problems in time for corrective maintenance practices to be applied for the maximize community benefits and minimimize public nuisances or hazards. Managers can derive the information from the inventory and use it for the various management plan. When we see the structure of tree inventory system as one of the data base management system, Computer is the best equipment for the efficient management plan. Public relation and communication is also important factors to care the people for urban vegetation management. Volunteer management system is a good example for the public relation and communication. Those skills are need to develop for using the priceless, valuable human resources. Budget holds the key to the execution of Urban Forestry. Good inventory can provide for efficient budgeting stratiges through it's scientific analysis for the way of maximum benefits and minimum costs. Forest can be play a vital role for the aesthetic improvement and recreation in the city. This study suggests that the traditional sivicultural application not only improve the quality of scenic beauty and recreation but also the products of timber. So it is more needed to study for strong and scientific application to urban forest management.

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공연여건 성장에 따른 예산계획의 변화모색 (Change to Plan Budgeting According to Development of the Environment of Performing Arts in Korea)

  • 정달영
    • 한국콘텐츠학회논문지
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    • 제14권11호
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    • pp.102-110
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    • 2014
  • 본 연구는 공연여건의 성장에 걸 맞는 투자시스템으로의 변화를 모색하는 데 있다. 특히, 제작사들이 원하는 장기공연이나 오픈런 방식으로 공연여건이 조성되고 있는 상황에서 연장공연 여부를 신속히 판단할 수 있고, 제작자와 투자자 양자가 만족할 수 있는 미국식 예산수립 방식으로의 변화모색이 필요한 시점이다. 이에 구체적으로 3가지 방안을 제시하였다. 첫째, 연장공연이나 재공연 여부를 보다 정확히 판단하기 위해서는 현재와 같이 평균비용(Average Cost)을 산출하여 평균수입과 비교하기보다는 미국과 같이 한계비용(Marginal Cost)을 산출해서 비교해야 할 것이다. 둘째, 수익배분에 대한 불합리성을 극복하기 위해서는 현재와 같이 총제작비를 투자모수로 삼기보다는 미국과 같이 총제작비에서 운영비용(Operating Cost)을 제외한 프로덕션비용(Production Cost)만을 투자모수로 삼아야한다. 셋째, 앞서 언급한 한계비용의 산출과 프로덕션비용의 산출을 위해서는 미국 지출예산(Expense Budget)의 이원화 작성법의 국내 적용이 필요하겠다.

지역사회 개방형 학교도서관의 배치유형과 공간계획에 관한 연구 (A Study on the Type and Space Composition of School Libraries that are Open to Public)

  • 공순구;박지훈;신한솔
    • 한국비블리아학회지
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    • 제23권1호
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    • pp.317-340
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    • 2012
  • 본 연구는 지역사회의 도서관 접근성 향상을 위한 지역 개방형 학교도서관에 대한 연구로서 기존의 학교도서관으로 이용하던 시설일부를 개방하여 지역주민에게 공공도서관의 소분관으로 제공함으로써 도서관접근성 향상 및 지역주민의 평생교육 제공에 목적을 갖는다. 또한 공공도서관의 이용활성화를 통해 국민생활의 정보이용 복지향상에도 기여할 것으로 기대하고 있다. 이에 대한 논의로 교육과학기술부와 대통령소속 도서관정보정책위원회에서는 도서관 접근성 향상 및 활성화를 위한 대책으로 공공도서관의 분관에 속하는 소규모도서관과 작은 도서관 확충에 노력을 기울이고 있다. 지역에 거점도서관의 소분관 설치 증가도 의미는 있겠지만 지역주민의 접근이 용이한 학교도서관에 같은 기능을 접목시켜 설치할 경우 도서관 조성시 대지 및 공간확보에 대한 예산을 절약할 수 있음은 물론 학교도서관 자체의 질적 향상 또한 기대할 수 있을 것이다. 그러나 학교도서관은 기능과 성격이 공공도서관과는 차이가 있으므로 학교도서관을 지역개방하여 활용할 경우에 대한 공간에 대한 연구가 필요하다. 따라서, 본 연구를 통하여 학교도서관을 지역사회에 개방하기 위한 배치와 규모 그리고 공간구성에 지향방안을 모색함으로써 향후 조성될 개방형 학교도서관이 본연의 기능을 수행할 수 있도록 하고자 한다.

ACMS 모형을 적용한 전력정책의 변동 분석 : 한국전력공사의 발전자회사를 중심으로 (An Analysis on Electric Power Policy through ACMS Model : Focused on the Power Generation Subsidiary Company of the Korea Electric Power Corporation)

  • 지병석;강승진
    • 전기학회논문지P
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    • 제65권1호
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    • pp.31-40
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    • 2016
  • The purpose of this study is to dimensionally examine the factors of policy changes by applying the ACMS model to KEPCO's structural reorganization privatization policies and study its implications. As a result of the analysis, among the external variables that affect as a financial source or restriction to advocates, all areas except for the difference in opinion of the people as well as policy decision and effects of other subordinate systems were shown to be in an advantageous condition acting as a financial source to advocates of structural reorganization privatization. On the other hand, advocates affected by the external variables share a certain belief system in which the advocates of privatization share the justification of profitability while the advocates of collectivization share the justification of publicness. In these flows, the announcement of the privatization plan of public enterprises of the committee of planning and budgeting acts as a matter of contact which opens the windows for policy changes, and this window goes through ignition, explosion, and fixation which causes fierce interactions among advocates of both sides. Eventually, in accordance with the contents of excluding electricity(KEPCO) from the list for privatization the window for policy changes has closed and things have changed to a transitional KEPCO privatization policy. Based on this, the first implication is that non-official participants such as the people, social organizations, labor unions, etc. influence policy changes more than they did before. Secondly, in the process of policy changes, there is an order of boundary even in the fierce interactions between each advocate. Thirdly, specific variables can play various roles in complex policy phenomenon. Fourthly, a logical analysis using the ACMS model is possible in Korea as well. Fifthly, as a result of analyzing the change process of the KEPCO structural reorganization privatization policy through the ACMS model, not all matched with the main research results implied by the ACMS model.

지방의회의원들의 보건정책에 대한 인식 (The Local Council Members' Attitudes to the Health Policy)

  • 김병익;배상수;조형원
    • 보건행정학회지
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    • 제9권2호
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    • pp.55-76
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    • 1999
  • In order to understand the local council members' attitudes to the health policy, we conducted mail surveys using self-administered questionaire for 2 months(February and March. 1995). The study subjects were 2.312 local council members in Korea, but only about 11% among whom. 257 persons, responded to 2 times mail survey. This response rate revealed that the local council members was not interested in health care fields. The main results were as follows; The respondents thought that the economic and income development was most important among 15 regional policy agendas and the health care was the 5th or 7th important agenda. They. who had more health needs of and poor access to health care, tended to think that the health care was more important. They considered lobbying to and persuading the civil servants as the best method to tackle the local health care policy agenda. The respondents, who had poor access to health care facilities. tended to set the highest priority for the expansion of public and private health care resources. They expected that the election of local governor would activate the public health program more than thought that the program was implemented more actively than other region. The main opinion of respondents was that the central government had to take over planning and financing for the public health program, and the basic local government had to implment the program and budgeting. The majority of respondents agreed the private dominant medical care delivery system and nation-wide uniformed financing mechanism. Over 60% of them suggested that they were ready to suffer environmental pollution inducing health hazards for the purpose of regional economic and income development. About 75% of them favour the campaign for antismoking regardless of reducing local government's revenue from sale tax.

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Water and Salt Budgets for the Yellow Sea

  • Lee, Jae-Hak;An, Byoung-Woong;Bang, Inkweon;Hong, Gi-Hoon
    • Journal of the korean society of oceanography
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    • 제37권3호
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    • pp.125-133
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    • 2002
  • Water and salt budgets in the Yellow Sea and Bohai are analyzed based on the historical data and CTD data collected recently using box models. The amounts of volume transport and of water exchange across the boundary between the Yellow and East China Seas are estimated to be 2,330-2,840 $\textrm{km}^3$/yr and 109-133 $\textrm{km}^3$/yr, respectively, from the one-layer box model. Corresponding water residence time is 5-6 years. In the Bohai, water residence time is twice as long as that in the Yellow Sea, suggesting that the Yellow Sea and Bohai cannot be considered as a single system in the view of water and salt budgets. The results indicate that water and salt budgets in the Yellow Sea depend almost only on the water exchange between the Yellow and East China Seas. The computation with the coupled two-layer model shows that water residence time is slightly decreased to 4-5 years for the Yellow Sea. In order to reduce uncertainties for the budgeting results the amount of the discharge from the Changjiang that enters into the Yellow Sea, the vertical advection and vertical mixing fluxes across the layer interface have to be quantified. The decreasing trend of the annual Yellow River outflow is likely to result that water residence time is much longer than the current state, especially for the Bohai. The completion of the Three Gorges dam on the Changjiang may be change the water and salt budgets in the Yellow Sea. It is expected that cutting back the discharge from the Changjiang by 10% through the dam would increase water residence time by about 10%.