• Proceedings of the KSR Conference
• /
• 2010.06a
• /
• pp.769-774
• /
• 2010

KTX Introduced in korea have occurred enhanced services and reduced regional travel time. "Induced traffic" is defined in the traffic demand generated in new project. 'Induced traffic' compared to the Diversion Demand Survey and research on ways to quantify the situation, insufficient analysis of constant and long-term observations are needed to estimate the changes in demand. In this study, Induced traffic effects due to the opening of KTX for analysis survey to passengers by Railway and the scale factor induced traffic review.

• The Transactions of the Korean Institute of Electrical Engineers A
• /
• v.54 no.2
• /
• pp.79-87
• /
• 2005

At present Cournot model is one of the most commonly used theories to analyze the gaming situation in oligopoly market. But there exist several problems to apply this model to electricity market. The representative one is to obtain the inverse demand curve able to be induced from the relationship between market price and demand response. In Cournot model, each player offers their generation quantity to accomplish maximum profit, which is accomplished by reducing their quantity compared with available total capacity. As stated above, to obtain the probable Cournot equilibrium to reflect real market situation, we have to induce the correct demand function first of all. Usually the correlation between price and demand appears on the long-term basis through the statistical data analysis (for example, regression analysis) or by investigating consumer utility functions of several consumer groups classified as residential, industrial, and commercial. However, the elasticity has a tendency to change continuously according to the total market demand size or the level of market price. Therefore it should be updated as trading period passes by. In this paper we propose a method for inducing and updating this price elasticity of demand function for more realistic market equilibrium.

• KIEE International Transactions on Power Engineering
• /
• v.5A no.4
• /
• pp.403-411
• /
• 2005

At present, the Cournot model is one of the most commonly used theories to analyze the gaming situation in an oligopoly type market. However, several problems exist in the successful application of this model to the electricity market. The representative one is obtaining the inverse demand curve able to be induced from the relationship between market price and demand response. In the Cournot model, each player offers their generation quantity to obtain maximum profit, which is accomplished by reducing their quantity compared with available total capacity. As stated above, to obtain the probable Cournot equilibrium to reflect the real market situation, we have to induce the correct demand function first of all. Usually the correlation between price and demand appears over the long-term through statistical data analysis (for example, regression analysis) or by investigating consumer utility functions of several consumer groups classified as residential, industrial, and commercial. However, the elasticity has a tendency to change continuously according to the total market demand size or the level of market price. Therefore it should be updated as the trading period passes by. In this paper we propose a method for inducing and updating this price elasticity of demand function for more realistic market equilibrium.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.60 no.7
• /
• pp.1339-1346
• /
• 2011

This paper is developed to demand management scenario of energy consumption efficiency improvement, electricity generation efficiency improvement, network efficiency improvement, change of distribution ratio, movement of energy source, change of heating system, put of CHP to quantitatively assess to impact on energy use of demand management at the national level. This scenario can be applied Energy System Management model was developed based on Energy Balance Flow. In addition, effect analysis through built demand management scenario was quantitatively evaluated integrated demand management effectiveness of energy cost saving, CO2 emission reduction and energy savings of national level by calculating to primary energy source usage change in terms of integration demand management effect more often than not a single energy source separated electricity, heat and gas.

• The Journal of Fisheries Business Administration
• /
• v.53 no.1
• /
• pp.55-72
• /
• 2022

The domestic catch of squid is decreasing every year. Import volume is increasing to replace these domestic products. Import volume is expected to increase in the future, so it is necessary to study import substitution. Therefore, in this study, after selecting frozen squid, which accounts for the majority of imported squid, as the target fish species, China, Chile and Peru, which account for the majority of frozen squid imports, will be selected as the target countries for analysis. Then, the demand function of squid is estimated using the Rotterdam model, the inverse Rotterdam model, AIDS and inverse AIDS, which are the simultaneous equation demand types, and then elasticity is derived. After that, these models are compared in terms of significance, theoretical fit and practical fit.

• Environmental Engineering Research
• /
• v.16 no.1
• /
• pp.19-27
• /
• 2011

This paper introduces an approach to identify the total energy consumption with subsequent $CO_2$ emissions, for both industrial and non-industrial sectors. Statistical data for 2005 were compiled in a national account system to construct an energy input-output table for investigating the influence between energy demand and supply activities. The methodological approach was applied to South Korea. Twelve types of energy and fifteen industrial and non-industrial sectors are formed as the compartments of the input-output table. The results provided quantitative details of the energy consumption and identified the significant contributions from each sector. An impact analysis on the $CO_2$ emissions for the demand side was also conducted for comparison with the supply side.

• Journal of Korean Society of Transportation
• /
• v.30 no.4
• /
• pp.85-94
• /
• 2012

Modern freight transport pursues not only the reduction of logistic costs but also aims at green logistics and efficient shipments. In order to accomplish these goals, various policies regarding the multimodal shipment and stopover to logistic facilities have widely been made. Such situation requires changes in existing methods for analyzing freight demand. However, the reality is that a reliable freight demand forecast is limited, since in the transport research field there is no robust freight demand model that can accommodate transshipments at logistic facilities. This study suggested a novel method to analyze freight demand, which can consider transshipments in multi-modal networks. Also, the applicability of this method was discussed through an example test.

• Journal of the Korean Society for Railway
• /
• v.12 no.3
• /
• pp.420-426
• /
• 2009

Although the amount of travel demand is a critical factor in a benefit-cost (B/C) analysis of railway investment, the travel demand changes especially for induced demand have not been considered. Therefore, the basic study of how to estimate travel demand changes after railway investment is worth investigating. This study reviews the methodologies for estimating diverted and induced demand generated after railway investment, and proposes appropriate approaches that will help railway planners to practically apply them in a case study. Further, the research stimulates the needs of consideration of the travel demand changes in the feasibility studies of railway planning.

• The Journal of Fisheries Business Administration
• /
• v.43 no.1
• /
• pp.35-48
• /
• 2012

Inverse demand models are well established as market demands in theory and practice of the existing literature. However, the derivation and its interpretation of individual demands from the market demands are not well known in the literature. This paper analyzes the fish market in Korea by the inverse demand model and shows how we deduce the consumer's responses from the market responses when the markets determine the prices by the quantities demanded. It illustrates empirically how this can be done applying to the korean fish market data. The empirical results show that all fishes are price inflexible and mackerels and hairtails are scale flexible in the market demand while mackerels, hairtails, and croakers are price elastic and mackerels and hairtails are income inelastic in the individual demand. The methodology and empirics used in the paper will make a contribution to the existing literature especially for the purpose of recovering consumer's demand from the market demand, thus implementing the policies to administer the fish markets.

• Communications for Statistical Applications and Methods
• /
• v.17 no.5
• /
• pp.697-712
• /
• 2010

This paper is concerned with the statistical analysis and development of stochastic models for the demand for life insurance policy loans. For these, firstly the characteristics of the regression trend, periodicity and dependence of the monthly demand for life insurance policy loans are investigated by a statistical analysis of the monthly demand data for the years 1999 through 2008. Secondly, the causal relationships between the demand for life insurance policy loans and the economic variables including unemployment rate and inflation rate for the period are investigated. The results show that inflation rate is main factor influencing policy loan demands. The overall evidence, however, failed to establish unidirectional causality relationships between the demand series and the other variables under study. Finally, based on these, univariate time series model and transfer function model where the demand series is related to one input series are derived, respectively, for the prediction of the demand for life insurance policy loans. A statistical procedure for using the model to predict the demand for life insurance policy loans is also proposed.