• Title/Summary/Keyword: ECONOMIC IMPACTS

Search Result 1,012, Processing Time 0.028 seconds

Measuring the Weather Risk in Manufacturing and Service Sectors in Korea (제조업과 서비스 부문 기후 리스크 측정)

  • Oh, Hyungna
    • Environmental and Resource Economics Review
    • /
    • v.24 no.3
    • /
    • pp.551-572
    • /
    • 2015
  • Given the presence of global warming, the economic impact of climate changes on output sales has been discussed in the literature, but rarely with empirical evidences. In this present study, a simple log-model was employed to identify the economic impacts of weather changes in manufacturing and service sectors in Korea. For this empirical exercise, weather variables including the CDD (cooling degree days) and HDD (heating degree days) were computed using the Korea's meteorological records covering the period 1970-2012. According to estimation results, 26.7% (144 over 539) and 27.9% (64 over 229) of the manufacturing and service sectors, respectively, are found to be weather-sensitive.

The Customs Union between the European Union and Turkey and its Impacts on Turkey's Economy

  • Becker, Kip;Baki, Ibrahim;Lee, Jung Wan
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.3 no.2
    • /
    • pp.41-49
    • /
    • 2016
  • Since World War II nations have formed alliances for reasons of security and trade. Countries have seen international integration as an appropriate approach to resolving domestic and international political issues, improving their welfare by both transforming their infrastructures and increasing their foreign trade. While the majority of these relationships are straightforward d Turkey's relationship with the European Union is more complex due to differences in religion and, at times, political ideology from other Union members. As a candidate country Turkey has made advances towards the full membership of the European Union with the customs union being the most significant. The impact of customs union membership is discussed and the effects of the customs union on Turkey's trade and economy are examined from a perspective of different economic theories.

Environmental Impacts of Port and Industrial Development Along the Thi Vai River

  • Tran, Ha Phuong;Nguyen, Tho;Nguyen, Thanh Hung
    • Journal of Environmental Impact Assessment
    • /
    • v.18 no.6
    • /
    • pp.435-443
    • /
    • 2009
  • Ba Ria - Vung Tau province in Southern Vietnam is one of the fastest economic growing areas in the country, characterized by the rapid port and industrial development along the Thi Vai river. The socio-economic situation of the area has generally been improved; however, its part of the local inhabitants has not gained benefits from the changes. 35 surface water samples and 25 sediment samples were analysed with the interpretation of the SPOT images for 1995 and 2005. The data showed that rapid port and industrial development have resulted in significant losses of mangroves and agriculture land. The surface water was seriously polluted, particularly in terms of organic materials and suspended solids. It contained high and increasing oil concentrations. The river sediment was saline and slightly alkaline. It was heavily reduced, organic-rich, and contaminated with oil and heavy metals (Cu, Pb, and Cr).

A Study on the Effects of Local Campuses of University at Seoul on Regional Development (서울소재대학 지방분교가 지역발전에 미치는 결과에 관한 연구)

  • 권영섭
    • Journal of the Korean Regional Science Association
    • /
    • v.8 no.1
    • /
    • pp.51-66
    • /
    • 1992
  • This paper analyzes: (1) the effects of the population growth in the regions in which the campuses are located (2) the economic effects (3) the social and cultural effects 94) the linkage effects between university and regional community. It is found that the campuses have various effects on the regional community through the human capitals, economic and cultural factors, and educational program. In particular local campuses have substantial impacts on regional economy. Two local campuses have been found to have more regional income effects than manufacturing and service industries do. Thus, it is necessary that the growth of linkage mechanism with universities and induced consumption expenditure by universities should be constructed in the region having local campuses. In order to increase these effects on regional development, much attention should be given to the regional development aspect from university authorities, students, professors, and residents. Also from the national policy point associated with material-moving policy and capital mobility policy in relation to the universities should be estabilished.

  • PDF

A Study on the Implication of Sustainability and Environmental Assessment (지속가능성과 환경평가의 연계에 관한 연구)

  • Hong, Sang-Pyo
    • Journal of Environmental Impact Assessment
    • /
    • v.20 no.3
    • /
    • pp.269-279
    • /
    • 2011
  • Sustainability assessments tend to integrate ecological, social, and economic concerns. Sustainability assessment could be considered the highest rung in the assessment ladder. Broad strategies that seek to integrate individual SEA(Strategic Environmental Assessment) could be subjected to a sustainability assessment. Sustainability assessment could incorporate global and transboundary effects and priorities into SEA and project-level EIA(Environmental Impact Assessment). SEA could provide an environmental context and direction for project-level EIA. Procedural and substantive EIA requirements can be addressed through tiering such as sustainability assessment, SEA, project-level EIA. In Korea, PERS(Prior Environmental Review System) that has been utilized to evaluate administrative plans related with various kinds of development projects should be evolved not only to incorporate environmental impacts into early stage decision-making, but also to implicate sustainability assessments that include social equity and economic efficiency. Integration of SEA and sustainability assessment can be initiated through the application of DPSIR (Driving Force - Pressure - State - Impact - Response ) framework that was developed by European Environmental Agency.

The Impact of the Oil Crisis on the Shipping Industry (1970년대의 석유위기가 해운산업에 미친 영향)

  • 민성규
    • Journal of the Korean Institute of Navigation
    • /
    • v.6 no.2
    • /
    • pp.65-75
    • /
    • 1982
  • During the last decade the world had experienced oil crisis twice: the first one was the fourfold jump in oil prices in 1973 and 1974, the second one came in 1979 with 2.6 times price hike. The current crude oil prices stand around the level of $30 a barrel. The first reaction came quick, with reduced oil consumption and a general decline in economic activity. Furthermore, the second oil crisis has brought about tremendous and varied impacts upon the shipping industry, which is now undergoing an adaptation process to the changing environments. This article is divided into five chapters: chapter I is the introduction on the subject under examination; chapter II is devoted to the trends of the seaborne trade cargoes after the oil crisis; chapter III reveals the impact of the oil price hike on ships and their desion; chapter IV deals with the challenges shipping enterprises face in terms fo economic modus operandi and new international political environments; chapter V sets forth conclusion.

  • PDF

The Effects of Trading Blocs on U.S. Outward FDI Activity: The Role of Extended Market Size

  • Im, Hyejoon
    • East Asian Economic Review
    • /
    • v.16 no.2
    • /
    • pp.205-225
    • /
    • 2012
  • I use panel data of sales by the foreign subsidiaries of the U.S. MNCs to examine whether trading blocs create more or less FDI and the impacts on FDI of the extended market size created by forming blocs. By employing a region-fixed effects model, I find that countries forming trading blocs attract more FDI, particularly from non-member countries, but that FDI does not always increase with the market size of the blocs. As the market size increases, FDI increases only for large blocs. However, these findings are sensitive to model specifications. A policy implication is that a country considering forming or joining a trading bloc with a view to attract FDI may want to form a trading bloc with a country or countries with a large market size.

  • PDF

Researching impact of climate change and economic development on the water supply deficit of Ta Keo reservoir, Lang Sonprovince, Viet Nam

  • Chin, L.V.
    • Proceedings of the Korea Water Resources Association Conference
    • /
    • 2016.05a
    • /
    • pp.199-199
    • /
    • 2016
  • In recent decades, climate change phenomenon has developed towards critical tendency and increased in both frequency, intensity and time which causes catastrophic damage in both people and property, especially in the field of agriculture and water resources. At the current, some researches in the world and Viet Nam studies on climate change impacts on the water resources sectors. Results of scientists'studies showed that climate change will seriously impact productivity, livelihoods and the environment on a global scale; especially large flood phenomena increasingly developing in intensity, drought more violently occurring in a long time. In recent years, the shortage of water supply for economic activity has started to happen with quite serious degree at the Viet Nam, especially in the northern mountainous provinces of Viet Nam.

  • PDF

Researching impact of climate change and economic development on the water supply deficit of Dong Quan reservoir, Ha Noi Capital, Viet Nam

  • Chin, L.V.
    • Proceedings of the Korea Water Resources Association Conference
    • /
    • 2017.05a
    • /
    • pp.190-190
    • /
    • 2017
  • In recent decades, climate change phenomenon has developed towards critical tendency and increased in both frequency, intensity and time which causes catastrophic damage in both people and property, especially in the field of agriculture and water resources. At the current, some researches in the world and Viet Nam studies on climate change impacts on the water resources sectors. Results of scientists' studies showed that climate change will seriously impact productivity, livelihoods and the environment on a global scale; especially large flood phenomena increasingly developing in intensity, drought more violently occurring in a long time. In recent years, the shortage of water supply for economic activity has started to happen with quite serious degree at the Viet Nam, especially in the northern provinces of Viet Nam.

  • PDF

Relationships of Chemical Elements and their Environmental Impacts in Groundwater, Soil, and Fodder Plants in Arid Land

  • Hamdan, Ali;Khozyem, Hassan;Elbadry, Eman
    • Economic and Environmental Geology
    • /
    • v.54 no.3
    • /
    • pp.331-352
    • /
    • 2021
  • The relationship of both heavy metals and major elements in soil, plants, and groundwater was studied in a hyper-arid area and depends completely on the groundwater to cover its all needs. The study reviles that 27.3% of the studied groundwater was strongly acidic and has very low pH values (