• Title/Summary/Keyword: Direct Demand Model

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A Study on the Production Adjustment and Price Support Program of Sea Mustard Aquaculture (미역양식업의 생산조정과 가격지지)

  • 강종호;진상대
    • The Journal of Fisheries Business Administration
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    • v.32 no.2
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    • pp.73-89
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    • 2001
  • The market conditions of sea mustard is changing by overproduction, decreasing price, Import of blanched and salted sea mustard from China into Korea domestic market and increasing market share of sea mustard of China in Japan. In addition, the price support program in sea mustard aquaculture must be modified due to the restriction of domestic support by international organization such as WTO. There are two ways to solve those problems. First is that finding a way to solve the overproduction of sea mustard. One of possible ways is the production adjustment by Marketing Order. Second is that finding an alternative way to replace price support program. The possible way is Direct Payment instead of purchase stockpile system. To introduce marketing Order, outlook center, organization of self-management, production adjustment through output control measure, improvement of market structure, and education/publicity arc necessary. Also, to implement marketing order, setting a model business by government is required. There are two steps for implementation of marketing order. First step is to construct Order Committee including organization of producer, people related marketing. However, this committee must run by government for certain short-term. Second step is to improve quality of product and acceleration of demand. At visual point that enforcement of the first step is completed, government has process that government transfers Order Committees self-correcting. It is desirable that government only conduct the support acts such as quality improvement and acceleration of demand. Also, at early stage it is necessary to have aid system for marketing order For example, we can expect that income increase by production adjustment in long run. However, in short run the income of producer may decrease so, it is required to compensate his economic lose. For compensation, The useful means that can be utilized is direct payment. Direct payment is not continued policy. Also, when production adjustment policy such as Marketing Order has effective results, Direct Payment as an assistant measure must be reduced or abolished. Therefore, when production adjustment acts as an effective tool to control overproduction, Direct Payment system.

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Novel Topology and Control Strategy of HVDC Grid Connection for Open Winding PMSG based Wind Power Generation System

  • Zeng, Hengli;Nian, Heng
    • Journal of international Conference on Electrical Machines and Systems
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    • v.3 no.2
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    • pp.215-221
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    • 2014
  • To satisfy the high voltage direct current (HVDC) grid connection demand for wind power generation system, a novel topology and control strategy of HVDC grid connection for open-winding permanent magnet synchronous generator (PMSG) based wind power generation system is proposed, in which two generator-side converter and two isolated DC/DC converters are used to transmit the wind energy captured by open winding PMSG to HVDC grid. By deducing the mathematic model of open winding PMSG, the vector control technique, position sensorless operation, and space vector modulation strategy is applied to implement the stable generation operation of PMSG. Finally, the simulation model based on MATLAB is built to validate the availability of the proposed control strategy.

The Structural Equation Model of Burnout of the Critical Care Nurses Based on the Job Demand-Resource Model (직무요구-자원 모델에 기반을 둔 중환자실 간호사의 소진 구조모형)

  • Park, Ok Kyoung;Son, Myeong Hee;Park, Mi Youn;Baek, Eun Sun;Kim, Phill Ja
    • Journal of Korean Clinical Nursing Research
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    • v.22 no.1
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    • pp.88-98
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    • 2016
  • Purpose: The purpose of this study was to construct and test a structural equation model of burnout of the critical care nurses based on the job demand-resource model. Methods: A structured questionnaire was completed by 414 critical care nurses. The relationships between concepts of job stress, empathic ability, resilience, job satisfaction, compassion fatigue and burnout were analyzed. Using SPSS WIN 22.0 and AMOS 22.0 programs, the direct and indirect effects of factors affecting burnout among critical care nurses were calculated and modelled. Results: The modified model was yielded as follows: Chi-square= 216.59, GFI= .93, AGFI= .89, NFI= .90, CFI= .93, RMSEA= .07, SRMR= .06 and showed good fit indices. Job satisfaction and compassion fatigue had mediation effects between other three exogenous variables and burnout. Conclusion: The major findings of this study indicate that it is important to develop a support program for critical care nurse in order to improve their job satisfaction and ameliorate their compassion fatigue.

A Direct Utility Model with Dynamic Constraint

  • Kim, Byungyeon;Satomura, Takuya;Kim, Jaehwan
    • Asia Marketing Journal
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    • v.18 no.4
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    • pp.125-138
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    • 2017
  • The goal of the study is to understand how consumers' constraint as opposed to utility structure gives rise to final decision when consumers purchase more than one variant of product at a time, i.e., horizontal variety seeking or multiple-discreteness. Purchase and consumption decision not only produces utility but also involves some sort of cognitive pressure. Past consumption or last purchase is likely to be linked to this burden we face such as concern for obesity, risk of harm, and guilt for mischief. In this research, the existence and the role of dynamic constraint are investigated through a microeconomic utility model with multiple dynamic constraint. The model is applied to the salty snacks data collected from field study where burden for spiciness serves as a constraint. The results are compared to the conventional multiple discreteness choice models of static constraints, and policy implications on price discounts is explored. The major findings are that first, one would underestimate the level of consumer preference for product offerings when ignoring the carry-over of the concern from the past consumption, and second, the impact of price promotion on demand would be properly evaluated when the model allows for the role of constraint as both multiple and dynamic. The current study is different from the existing studies in two ways. First, it captures the effect of 'mental constraint' on demand in formal economic model. Second, unlike the state dependence well documented in the literature, the study proposes the notion of state dependence in different way, via constraint rather than utility.

An Economic Evaluation on the Direct Payment System for Environment-friendly Agriculture in Korea Using AGE Model (AGE모형을 이용한 친환경농업직불제의 경제적 성과계측)

  • Kim, Myung-Su;Lee, Young-Ho;Kim, Bae-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.10
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    • pp.39-45
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    • 2016
  • This study analyses the macroeconomic effects of the direct payment system (DPS) for environment-friendly agriculture in Korea. We utilized the applied general equilibrium model (AGE model) for the general agricultural sector as well as the environmentally-friendly agricultural sector. We considered several scenarios based on various direct payment amounts to measure and analyze economic impacts. Scenario 1 considers the current direct payment system. Scenario 2 examines an additional 5% increase from the direct payment amount in scenario 1. Scenario 3 reviews an increase of 10% in direct payment amount while Scenario 4 considers an additional increase of 15% compared with Scenario 1. Lastly, scenario 5 examines a 20% increase in direct payment amounts compared with scenario 1. In addition, the baseline considers conditions prior to the introduction of the direct payment system. The simulation analysis results show that capital formation, production volume, and labor productivity increased in the environment-friendly agricultural sector. In contrast, employment in the environment-friendly agricultural sector decreased. The price of environment-friendly agricultural products following the introduction of the DPS remain consistent with the price of environment-friendly agricultural product before introducing the DPS. This results from price elasticity of supply and demand are inelastic, and there is no change in the income of consumers during the analysis period. However, additional research is necessary for improvement of the model using complementary statistical data for the environmental-friendly agriculture sector.

A study on the job creation of environmental industry in Korea (우리나라 환경산업 노동수요 추정에 관한 연구)

  • Hwang, Suk-Joon
    • Journal of Environmental Policy
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    • v.7 no.1
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    • pp.101-118
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    • 2008
  • In this study, we estimate the labor demand function of environmental industry with environmental industry survey of Ministry of Environment. To do this, we apply the panel estimation technique. We follow the widely accepted estimation methods: panel generalized least square, panel generalized least square with heteroskedasticity/auto-correlation, random effect model and random effect model with auto-correlation. On the average, each industry is estimated at the elasticity of sales on labor demand from 0.193 to 0.259. It means that the increase of sales by 214billion won can create around $1,600{\sim}2,300$ jobs, and this is merely a direct effect. So when we consider the whole effect of labor demand increase including indirect derived job creation, the labor demand increase will be higher than this. So it is desirable for the government to support the development of environmental industry for sustainable development.

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Determinants of energy efficiency in Sub-Saharan Africa

  • Acquah, Patience Mensah;Sun, Huaping;Alemzero, David Ajene;Li, Liang
    • Asia Pacific Journal of Business Review
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    • v.5 no.2
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    • pp.19-44
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    • 2021
  • Sub Saharan Africa (SSA) is receiving increased investments in the energy sector under the belt and road initiative (BRI) project since its inception in 2013. SSA has a worse energy efficiency ratio coupled with deficient electricity access, through analysis showed varied impacts on the SSA countries due to the BRI initiative. This study dilves into the influencing factors for Energy Efficiency (EE) in 38 SSA countries, applying the probit and logit approach for 2000-2018. The Multiple-regression model shows significant results of some variables such as foreign direct investment, gross domestic product, and port infrastructure quality being significant on EE under BRI initiative countries. However, the logit and probit models produce similar results and the marginal effect for the entire variable, except energy imports that do not likely impact EE. Furthermore, the interaction of quality of port infrastructure and foreign direct investment variables produces significant results, highlighting the increased investments SSA receives under the BRI initiative in the energy and transport sectors. The model Percent correctly predicted (PCP) value was about 84%, indicating it correctly classified the variables and about 16% not classified. The study recommends EE performance standards should be incorporated on energy projects in SSA to ensure that these projects are energy efficient and decouple SSA's energy demand from economic growth. The research proffers suggestions for policy regarding the BRI initiative in SSA and the implications on sustainable energy and building a community with a shared future.

A Study on the Improvement of the Supporting Policy Efficiendy through the Analysis of the Demand for Direct Commercialization of Technology in Universities and Research Institutes (대학·연구기관 보유기술 직접사업화 지원사업의 수요분석을 통한 지원정책 효율성 개선 방안)

  • Cho, Sung-Nam;Jeong, Yoon-Su;Oh, Chung-Shick
    • Journal of Convergence for Information Technology
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    • v.8 no.5
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    • pp.229-236
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    • 2018
  • In the past, technology commercialization was implemented in a narrow sense, such as technology transfer or start-up support. It has been pointed out that lack of entrepreneurial experience, failure in technology development, and insecure markets lead to failure of technology commercialization. The project supporting direct commercialization of technologies owned by academic and research institutes conjoins public funds and operating power of large enterprises to introduce a new technology commercialization model that combines commercialization technology with capital, market, and government policies. And pain points for direct commercializing technology was derived. Through research and analysis, a gap was found between the demand factors and the capability of the actors performing the technology commercialization, and it showed a significant correlation with the paint points. In consequence, measures were drawn to improve support policies to enhance the efficiency of commercialization of technologies held by universities and research institutes.

Development of Variable Duty Cycle Control Method for Air Conditioner using Artificial Neural Networks (신경회로망을 이용한 에어컨의 가변주기제어 방법론 개발)

  • Kim, Hyeong-Jung;Doo, Seog-Bae;Shin, Joong-Rin;Park, Jong-Bae
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.55 no.10
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    • pp.399-409
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    • 2006
  • This paper presents a novel method for satisfying the thermal comfort of indoor environment and reducing the summer peak demand power by minimizing the power consumption for an Air-conditioner within a space. Korea Electric Power Corporation (KEPCO) use the fixed duty cycle control method regardless of the indoor thermal environment. However, this method has disadvantages that energy saving depends on the set-point value of the Air-Conditioner and direct load control (DLC) has no net effects on Air-conditioners if the appliance has a lower operating cycle than the fixed duty cycle. In this paper, the variable duty cycle control method is proposed in order to compensate the weakness of conventional fixed duty cycle control method and improve the satisfaction of residents and the reduction of peak demand. The proposed method estimates the predict mean vote (PMV) at the next step with predicted temperature and humidity using the back propagation neural network model. It is possible to reduce the energy consumption by maintaining the Air-conditioner's OFF state when the PMV lies in the thermal comfort range. To verify the effectiveness of the proposed variable duty cycle control method, the case study is performed using the historical data on Sep. 7th, 2001 acquired at a classroom in Seoul and the obtained results are compared with the fixed duty cycle control method.

A study on the Demand Variations of Gyeongchun line Upon Terminating at Seongbuk Station (경춘선 성북역 시종착에 따른 수요변화 연구)

  • Kim, Ick-Hee;Lee, Sang-Myoung;Yoon, Kyoung-Man
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.1707-1714
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    • 2011
  • Since 2010 December, the Gyeongchun line can provide better service than the other modes in respect of cost & time efficiency by operating electric double track from Sangbong station to Chuncheon station. However customers living in the Northern part of capital area, which there are stations of line No.1, have inconvenience to transfering twice to access Gyeongchun line. To minimize inconvenience, this study has analyzed the demand variation of Geongchun line upon changing the terminal of some trains on Gyeongchun line which reduces the number of transfer. In this study, the demand variation has been estimated by the direct demand model considering only saving time between O/D. So some additional modifications are required, because the effect of fare and accession convenience has not been considered.

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