• Title/Summary/Keyword: CGE analysis

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온실가스 감축에 대한 기술진보와 탄소세수 환원의 경제적 파급효과

  • O, Jin-Gyu;Jo, Gyeong-Yeop
    • Environmental and Resource Economics Review
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    • v.21 no.2
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    • pp.371-416
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    • 2012
  • This study has developed Computable General Equilibrium (CGE) model reflecting endogenous growth economic theory, with the aim of analyzing double dividend hypothesis. This study analyzes possibility of economic growth and environmental improvement at the same time when government recycles the revenue of carbon tax to reduce existed taxes such as consumption tax, labor income tax, corporate tax. It also assesses the case of subsidy on R&D investment of renewable energy. With new and renewable generation technology adopted and disseminated, GDP loss would be lessened to a great degree. Tax recycling would provide economic gain by reducing distortion existed in the existing fiscal structure. The magnitude of economic gains from carbon tax recycling is biggest for recycling into corporate tax, and labor income tax, and then consumption tax in this order. It is also shown that double dividend effects occur in dynamic terms when government uses a carbon tax revenue to subsidize on R&D investment. At the end of the analysis period, emissions reduction would not result in GDP loss but in GDP gain. In particular, recycling into R&D increase would produce the largest and fastest GDP gain. Thus, implementing emissions reduction target would require careful consideration of economic effects by various policy instrument, including carbon tax.

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Analysis of Inflow and Susceptibility Effects in fMRI Obtained by CGE and TRFGE Techniques (CGE와 TRFGE 기법으로 얻은 뇌기능 영상에서 혈류효과와 자화율 효과의 해석)

  • No, Yong-Man;Jeong, Sun-Cheol;Jo, Jang-Hui
    • Journal of Biomedical Engineering Research
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    • v.16 no.4
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    • pp.431-438
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    • 1995
  • Functional imaging based on the susceptibility only is achieved by separation of the susceptibility effect from the mixture of flow effect by use of a tailored RF pulse in conjunction with gradient echo sequence. Using the tailored RF pulse the susceptibility enhanced functional imaging appears to be explicitly related to the deoxygenation processes, while in the conventional gradient echo technique functional contrast on $T2^{*}$ effect images appear to be mixed with a significant fraction of blood flow (in- flow) signals of both arterial as well as venous bloods due to the nature of the fast sequence employed with the gradient echo technique. In this paper, using the tailored RF pulses, one can unambiguously separate the susceptibility and flow effects in functional imaging. Since the signal obtained can be made sufficiently high and represents oxygenation process more accurately, it seems possible to study quantitative oxygen metabolisms in brain function hitherto difficult to do with other gradient echo techniques.

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The Impact of COVID-19 and Korea's New Southern Policy on Its Global Value Chain

  • Yoo, Jeong-Ho;Park, Seul-Ki;Cheong, In-Kyo
    • Journal of Korea Trade
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    • v.24 no.8
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    • pp.19-38
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    • 2020
  • Purpose - The Korean government has been promoting the New Southern Policy (NSP) prior to the onset of the COVID-19 pandemic, which damage global value chain (GVC). The purpose of this paper is to emphasize that the NSP should be developed to provide tangible support in corporate GVC adjustment, away from diplomatic activities in order to offset GVC losses due to COVID-19 and expand export capabilities. Design/methodology - Two research methodologies are combined for this paper: A computational general equilibrium (CGE) model is used to estimate the impacts of the COVID-19 pandemic and NSP on Korea's exports, and the decomposition methodology (Wang, Wei and Zhu, 2013) to evaluate the stability of GVC. The conventional CGE model was modified to obtain an estimate for decomposition. The research methodology adopted in this study was attempted for the first time, and it can be widely used in future GVC research. Findings - Results found the effects of COVID-19 reduced Korea's total exports by 27% and GVC by more than 30%. In particular, VA in Korea's exports to the NSP region was found to have a huge impact in heavy industries and textiles, and its exports to Vietnam seemed to suffer the largest loss in GVC among ASEAN countries. If the NSP is implemented properly, it appears that it could offset much of the negative impacts of COVID-19, implying the importance of the effectiveness of the NSP. Originality/value - Many papers have assessed the NSP descriptively, and the GVC has been a topic for many publications. However, the impact of COVID-19 on Korea's GVC with the NSP countries has not been quantitatively studied. This paper emphasizes that the NSP should be pursued based on the results of quantitative analysis. In addition, the research methodology of this paper can be used for other GVC research with relevant modifications.

Potential Economic Impacts of the Vietnam-Korea Free Trade Agreement on Vietnam

  • Phan, Thanh Hoan;Jeong, Ji Young
    • East Asian Economic Review
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    • v.20 no.1
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    • pp.67-90
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    • 2016
  • This paper provides an assessment of the potential economic impacts of the Vietnam-Korea free trade agreement on Vietnam, by using general equilibrium modeling. The results show that Vietnam-Korea FTA will increase aggregate welfare for both countries in the long run. The most important gains accrue from better allocation of resources consequent to trade liberalization. All the sectoral differences and changes are consistent with the trade profiles of the two countries, and the long-run results are more pronounced than those of the short-run. In comparison with other ASEAN countries, the CGE analysis suggests that Vietnam's agriculture exports to Korea would especially rise in the long run. However, there will be strong competition in this sector among ASEAN members. Thus, an earlier conclusion of a comprehensive FTA with Korea is expected to be a good strategy for Vietnam, so as to avoid the direct competition with ASEAN members in the future.

Measuring the Economic Impact of the Energy Price Changes in Korea (에너지가격변화의 경제적 효과에 관한 연구)

  • Kim, Suduk;Sonn, Yang-Hoon
    • Environmental and Resource Economics Review
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    • v.10 no.4
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    • pp.495-513
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    • 2001
  • We investigate a practical method of calculating the impact of multiple domestic energy price change on the final demand, production, the export and import change, the change in the balance of payment of Korean economy. By combining an existing computable general equilibrium (CGE) model with the traditional input-output analysis with two additional assumptions on the price behavior, we provide a cost-effective method of analyzing the impact of multiple energy price changes on the domestic economy. The energy price shock we used in this paper is 0.127% increase weighted by the sectoral productions. The total impacts on price level and GDP are 1.258% and -0.940%, respectively. The impact on the total output (GDP and intermediate goods) is about -1.580%.

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The Effect of Carbon Tax on the Economy, the Environment and the Health in Seoul (탄소세 부과가 서울의 경제·환경·건강에 미치는 효과)

  • Kim, Euijune;Kim, Jaejoon;Shin, Sungwhee;Cho, Janghyung
    • Environmental and Resource Economics Review
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    • v.11 no.1
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    • pp.145-184
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    • 2002
  • This paper analyzes the impact of imposing carbon tax on the Seoul economy to reduce Greenhouse Gas(GHG) emission. We construct the social accounting matrix of Seoul, specifying energy and transport sectors which is closely related to air pollution. Then, we formulated the computable general equilibrium (CGE) model of seoul and performed scenario analysis. The main result shows that the economic cost of GHG reduction is quite large but the health benefit is also considerable. It also suggests the importance of cost effective measures such as the development of new energy technology and the improvement of energy efficiency.

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Dosimetric evaluation of using in-house BoS Frame Fixation Tool for the Head and Neck Cancer Patient (두경부암 환자의 양성자 치료 시 사용하는 자체 제작한 BoS Frame 고정장치의 선량학적 유용성 평가)

  • Kim, kwang suk;Jo, kwang hyun;Choi, byeon ki
    • The Journal of Korean Society for Radiation Therapy
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    • v.28 no.1
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    • pp.35-46
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    • 2016
  • Purpose : BoS(Base of Skull) Frame, the fixation tool which is used for the proton of brain cancer increases the lateral penumbra by increasing the airgap (the distance between patient and beam jet), due to the collision of the beam of the posterior oblique direction. Thus, we manufactured the fixation tool per se for improving the limits of BoS frame, and we'd like to evaluate the utility of the manufactured fixation tool throughout this study. Materials and Methods : We've selected the 3 patients of brain cancer who have received the proton therapy from our hospital, and also selected the 6 beam angles; for this, we've selected the beam angle of the posterior oblique direction. We' ve measured the planned BoS frame and the distance of Snout for each beam which are planned for the treatment of the patient using the BoS frame. After this, we've proceeded with the set-up that is above the location which was recommended by the manufacturer of the BoS frame, at the same beam angle of the same patient, by using our in-house Bos frame fixation tool. The set-up was above 21 cm toward the superior direction, compared to the situation when the BoS frame was only used with the basic couch. After that, we've stacked the snout to the BoS frame as much as possible, and measured the distance of snout. We've also measured the airgap, based on the gap of that snout distance; and we've proceeded the normalization based on each dose (100% of each dose), after that, we've conducted the comparative analysis of lateral penumbra. Moreover, we've established the treatment plan according to the changed airgap which has been transformed to the Raystation 5.0 proton therapy planning system, and we've conducted the comparative analysis of DVH(Dose Volume Histogram). Results : When comparing the result before using the in-house Bos frame fixation tool which was manufactured for each beam angle with the result after using the fixation tool, we could figure out that airgap than when not used in accordance with the use of the in-house Bos frame fixation tool was reduced by 5.4 cm ~ 15.4 cm, respectively angle. The reduced snout distance means the airgap. Lateral Penumbra could reduce left, right, 0.1 cm ~ 0.4 cm by an angle in accordance with decreasing the airgap while using each beam angle in-house Bos frame fixation tool. Due to the reduced lateral penumbra, Lt.eyeball, Lt.lens, Lt. hippocampus, Lt. cochlea, Rt. eyeball, Rt. lens, Rt. cochlea, Rt. hippocampus, stem that can be seen that the dose is decreased by 0 CGE ~ 4.4 CGE. Conclusion : It was possible to reduced the airgap by using our in-house Bos frame fixation tool for the proton therapy; as a result, it was possible to figure out that the lateral penumbra reduced. Moreover, it was also possible to check through the comparative analysis of the treatment plan that when we reduce the lateral penumbra, the reduction of the unnecessary irradiation for the normal tissues. Therefore, Using the posterior oblique the Brain cancer proton therapy should be preceded by decreasing the airgap, by using our in-house Bos frame fixation tool; also, the continuous efforts for reducing the airgap as much as possible for the proton therapy of other area will be necessary as well.

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The Efficiency and General Equilibrium Effect by the Emission Trading Structure under the Climate Change Convention (기후변화협약 하의 배출권 거래 대상에 따른 일반균형효과와 효율성 비교)

  • Hur, Gahyeong;Cho, GyeongLyeob
    • Environmental and Resource Economics Review
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    • v.15 no.2
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    • pp.201-245
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    • 2006
  • We applied general equilibrium model to analysis the economic impact of international emission trading by sector and the efficiency of the Convention to study whether Climate Change Convention satisfy the efficiency. We divided the world as 4 groups : USA, OECD members w/o USA (OEC), Former Soviet Union (FSU) and Developing countries (DEV). Compared to no trading, global trading would accomplish the same environmental effect with less cost as much as 97.8 billion$, which is the surplus of trading. However, half of it is taken by USA and 20% by OEC. FSU and DEV have only 18% and 10%. This result suggest the two things. First, the emission trading is effective as far as the participation of developing countries are guaranteed. If they do not take part in the coalition and emit the leakage, it may threaten the stability of the international trading coalition. Second, we found the logical ground of the side payment for developing countries. The permit buying countries take more share of the surplus under the emission trading, while the energy sector of developing countries shrinks to sell permits, which may adversely affect to economic growth of the countries. Therefore, the Annex-I countries need to provide side payment to lead the participation of the developing countries.

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The Bacillus subtilis Genome Sequencing Project in Korea: Sequence Analysis of the 53 kb DNA Fragment at 180$^{\circ}$-185$^{\circ}$- of B. subtilis 168 Chromosome (한국에서의 고초균 유전체 연구: Bacillus subtilis 염색체상 180$^{\circ}$-185$^{\circ}$-부위 53 kb DNA 단편의 염기서열 분석)

  • 김사열;최수근;정영미;신병식;박승환
    • Microbiology and Biotechnology Letters
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    • v.26 no.1
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    • pp.23-33
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    • 1998
  • The entire sequence of a 4,214,810 bp genome of the Bacillus subtilis 168 has been determined by an international project, and the completion has been announced on July 19, 1997. For the sequencing project an international consortium was established and 25 European, 7 Japanese laboratories, 2 biotechnology companies, and our laboratory participated in the project. Within this framework we determined the complete nucleotide sequence of a 53,289 bp fragment upstream of the odhA gene (181 $^{\circ}$) of the B. subtilis 168 chromosome. On the basis of the published DNA sequences of the B. subtilis sspC and odhA genes, we obtained genomic fragments by plasmid rescue and long-range PCR. The sequenced fragment contains 56 putative open reading frames (designated yojA-yolI and 9 known genes (sspC, cge cluster, orfE5, orfRMl and odhA), in which we found many interesting features. In addition, the entire nucleotide sequence of a 53,289 bp region enabled us to revise the current genetic map of this region.

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Execution of a functional Logic language using the Dataflow Graph Representation (데이터플로우 그래프 표현 방식을 이용한 함수 논리 언어의 실행)

  • Kim, Yong-Jun;Cheon, Suh-Hyun
    • The Transactions of the Korea Information Processing Society
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    • v.5 no.9
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    • pp.2435-2446
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    • 1998
  • In this paper. We describe a dataflow model for efficient execution of a functional logic language and a method of translation a functional logic language into a dataflow graph. To explore parallelism and intelligent backtracking, we us model in which clause and function are represented as independent dataflow graph. The node denotes basic actions to be performed when the clause and function are executed. The dataflow mechanism allows an operation to be executed as soon as all its operands are available. Since the operations can never be executed earlier, a dataflow model is an excellent base for increasing execution speed. We did decrease a delay time with concurrent execution of dependency analysis and subgoal.

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