• Title/Summary/Keyword: Economic Indicators

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ESTABLISHMENT OF CDM PROJECT ADDITIONALITY THROUGH ECONOMIC INDICATORS

  • Kai. Li.;Robert Tiong L. K.;Maria Balatbat ;David Carmichael
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.272-275
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    • 2009
  • Carbon finance is the investment in Greenhouse Gas (GHG) emission reduction projects in developing countries and countries with economies in transition within the framework of the Kyoto Protocol's Clean Development Mechanism (CDM) or Joint Implementation (JI) and with creation of financial instruments, i.e., carbon credits, which are tradable in carbon market. The additional revenue generated from carbon credits will increase the bankability of projects by reducing the risks of commercial lending or grant finance. Meantime, it has also demonstrated numerous opportunities for collaborating across sectors, and has served as a catalyst in bringing climate issues to bear in projects relating to rural electrification, renewable energy, energy efficiency, urban infrastructure, waste management, pollution abatement, forestry, and water resource management. Establishing additionality is essential for successful CDM project development. One of the key steps is the investment analysis. As guided by UNFCCC, financial indicators such as IRR, NPV, DSCR etc are most commonly used in both Option II & Option III. However, economic indicator such as Economic Internal Rate of Return(EIRR) are often overlooked in Option III even it might be more suitable for the project. This could be due to the difficulties in economic analysis. Although Asian Development Bank(ADB) has given guidelines in evaluating EIRR, there are still large amount of works have to be carried out in estimating the economic, financial, social and environmental benefits in the host country. This paper will present a case study of a CDM development of a 18 MW hydro power plant with carbon finance option in central Vietnam. The estimation of respective factors in EIRR, such as Willingness to Pay(WTP), shadow price etc, will be addressed with the adjustment to Vietnam local provincial factors. The significance of carbon finance to Vietnam renewable energy development will also be addressed.

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Socio-Economic Factors and Rural Competitive Advantage: The Moderating Role of Economic Literacy

  • RUSTANTONO, Hendra;SOETJIPTO, Budi Eko;WAHJOEDI, Wahjoedi;SUNARYANTO, Sunaryanto
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.151-159
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    • 2020
  • This study aims to determine the factors influencing the community behavior in improving competitive rural tourism as well as understanding the role of economic literacy in mediating socio-economic indicators and rural competitive advantage. This research followed an explanatory research to examine the relationship between variables including socio-economic variables and rural tourism competitive advantage. The data was gathered by conducting observations and interviews with tourism businesses, stakeholders, and the local village government, and related agencies as respondents. Furthermore, the data were analyzed following inductive and descriptive statistics. The findings indicated that, from all variables used, solely the environmental impact variable did not affect economic literacy and the competitive advantage of rural tourism. The moderating variables showed that the economic literacy mediates the economic impact on rural tourism competitive advantage. In addition, socio-cultural impacts on rural competitive advantage tourism, and the stakeholder involvement affects rural competitive advantage tourism. However, economic literacy failed in mediating between environmental impacts on rural competitive advantage tourism. This is due to the increasing understanding of the economy of the community around the tourist attractions it will increase the business around the tourist attractions that have an impact on environmental damage around the tourist attractions.

Socioeconomic Determinants of Suicide Rate in Korea (경제적 양극화와 자살의 상관성: 1997년 외환위기를 전후하여)

  • Eun, Ki-Soo
    • Korea journal of population studies
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    • v.28 no.2
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    • pp.97-129
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    • 2005
  • Korean society recently witnesses a rapid lllcrease of suicide across all ages. In particular, suicide in old ages jumps up ill a very unexpected way. Furthermore, the order of suicide in the cause of death across all ages is becoming higher and higher in Korea. This study provides details of suicide that occurs in Korean society with the comparison to that of Japan at the descriptive level. It is not well known why suicide in Korean surges recently. Several previous research show the possibility that surging suicide is closely related to the worsened economic conditions especially since the economic crisis in 1997. They adopt economic growth, unemployment rate, income distribution, household finance index as economic indicators in their research. This study also adopts those indicators and conducts a correlation analysis in two periods, 1990-1997 and 1998-2004. It is found that there is no correlation between economic indicators and suicide in the period of 1990-1997. On the other hand, there is a very strong correlation between income distribution and suicide in the period of 1998-2004. Other economic indicators except income distribution does not have any significant correlation with suicide. This finding suggests that currently increasing suicide in Korea may be a result of economic polarization, which has been worsened since the economic crisis in 1997.

Economic Policy Uncertainty and Korean Economy : Focusing on Distribution Industry Stock Market

  • Jeon, Ji-Hong;Lee, Hyun-Ho;Lee, Chang-Min
    • Journal of Distribution Science
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    • v.15 no.12
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    • pp.41-51
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    • 2017
  • Purpose - This study proposes the impact of the US and Korean economic policy uncertainty on macroeconomy, and its effect on Korea. The economic policy uncertainty index of the US and Korea is used to represent the economic policy uncertainty on Korean economy. Research design, data, and methodology - In this paper, we collect the eight variables to find out the interrelationship among the US and Korean economic policy uncertainty index of the US and macroeconomic indicators during 1990 to 2016, and use Vector Error Correction Model. Result - The distribution industry stock index in Korea is influenced by the economic policy uncertainty index of the US rather than of Korea. All variables are related negatively to the economic policy uncertainty index of the US and Korea from Vector Error Correction Model. This study shows that the economic policy uncertainty index of the US and Korea has the dynamic relationships on the Korean economy. Conclusions - A higher economic policy uncertainty shows a greater economy recession of a country. Finally, the economic policy uncertainty of the Korea has an intensive impact on Korea economy. Particularly, the economic policy uncertainty of the US has a strong impact on distribution industry stock market in Korea.

Control and Aggregation (I)

  • Han, Sung-Shin
    • Journal of the Korean Statistical Society
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    • v.8 no.2
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    • pp.139-163
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    • 1979
  • Utilization of the aggregation concept applied in economics has been a traditional way of describing the state of an economic system and of predicting the future economic conditions. In addition, certain aggregate variables have also played a crucial role as indicators of the business cycle. Quick examples would be the price index, the productivity changes, the industrial production index, GNP, and so on. The methods of aggregation could be either simple summations, like GNP, or sophisticated weighted average, like the price index.

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The Development of Eco-village Planning Indicators for Sustainability (지속가능성 확보를 위한 생태마을 계획요소 개발)

  • Woo, Hye-Mi;Ban, Yong-Un;Han, Kyung-Min;Baek, Jong-In
    • Journal of Korean Society of Rural Planning
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    • v.18 no.2
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    • pp.1-11
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    • 2012
  • Eco-village has been regarded as an alternative to accomplish sustainable development for rural village. This study has intended to develop comprehensive planning indicators to establish an eco-village based on such aspects of sustainable development as economy, environment, and society. To reach this objective, this study has set up six goals as follows: 1) ecological production activities for agriculture, 2) resource circulation and energy independence in the economic domain; 3) building cultural and historical succession and community activation, and 4) living together with surrounding regions in social domain; and 5) maintaining environmental habitat, and 6) restoring natural ecosystem in environmental domain. Based on these goals, this study has developed the planning indicators to build an eco-village through case study, literature review, survey for suitability, and factor analysis. This study has found 17 strategies and 47 planning indicators in accordance with the six goals.

The Implications on Healthcare System of the Unified Korea: Lesson from System Integration Countries (체제통합국 건강지표 비교를 통한 통일 후 보건의료에 대한 시사점)

  • Jun, Yeong;Huh, Sung-Eun;Lee, Joo Eun
    • Health Policy and Management
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    • v.30 no.3
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    • pp.301-310
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    • 2020
  • Background: In this study, we aimed to investigate the recent trends for health care indicators including maternal mortality ratio, infant mortality rate, under-five mortality rate, life expectancy, years of life lost, and healthcare resources in South Korea, North Korea, Germany, Russian Federation, Mongolia, Vietnam, China, Czech Republic, Poland, and Hungary. Methods: We used data from five sources: World Health Organization, Federal Institute for Population Research, World Bank, Organization for Economic Cooperation and Development health statistics, and national statistics. Results: In the early 1990s, health indicators continued to improve in countries that switched to the health insurance system, but the gap widened in North Korea as health indicators worsened. Conclusion: The establishment of a sustainable health care system after unification of the Korean peninsula requires substantial changes in the health care system and efforts to improve the health of North Koreans.

Development of the Evaluation Indicators for Universality of Public Library Services: Based on Universal Design Principles (유니버설디자인 원리에 기초한 공공도서관 서비스의 보편성 평가지표 개발)

  • Kim, Bo-Il;Kim, Jong-Ae
    • Journal of Korean Library and Information Science Society
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    • v.44 no.2
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    • pp.137-165
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    • 2013
  • For public libraries to deliver appropriate information to various types of users in information society that allows people to access and use a variety of information, it is necessary to provide services applying the universal design principles in terms of universality. The purpose of this study is to develop the evaluation indicators for universality of public library services, which apply universal design principles to evaluate if public libraries provide appropriate services that meet their original purpose. The final 'Evaluation Indicators of Universality of Public Library Services' consist of six evaluation areas and 41 evaluation contents in 10 evaluation items. Each evaluation content is categorized into a relevant factor among five universal design applicable factors (Universality, Convenience, Recognition, Safety and Economic Feasibility) according to its characteristics.

The Evaluation of Major Macroeconomic Indicators in Russia and the Leading Countries-partners

  • Vyborova, Elena Nikolaevna
    • East Asian Journal of Business Economics (EAJBE)
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    • v.5 no.3
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    • pp.1-32
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    • 2017
  • Purpose - This study is to analyze the main macroeconomic indicators in Russia and the leading countries- partners and to research GDP, the debt, the foreign trade and other indicators. This main indicator is using in regulation in the economic stability of country, of stability of trade with countries-partners. Research design, data, and methodology - This paper used the amount of data to be analyzed at the present stage, from the 2010 to 2015 in Russia. In order to assess trends of development, the array of data on the indicators used for the 1995-2017. The data analyzed using the methods of multivariate statistics and application of the software package Stat graphics. Results - Hypothesis 1. In the recent years GDP has tended to increase in the most countries of the world. In Russia and its structure of branch of economics is uneven. Hypothesis 2. The foreign trade turnover also has tended to grow. The foreign trade balance in Russia and in the leading countries-partners has a positive balance, dominated by the export of goods. Conclusions - This paper finds that the foreign trade turnover also has tends to grow. The foreign trade balance in Russia and in the leading countries-partners has a positive balance, dominated by the export of goods.

General Characteristics and Housing Environments of Agricultural Households by Eup.Myun Area : Analyses of 2008 Survey Data on the Rural Living Indicators (전국 농가의 읍.면 거주지역별 일반적 특성과 주거환경 비교 : 2008 농촌생활지표 자료를 중심으로)

  • Cho, Jae-Soon
    • Journal of Families and Better Life
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    • v.29 no.3
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    • pp.71-83
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    • 2011
  • The purpose of this study was to find out the nationwide general characteristics and housing environments of agricultural households and the differences of them by Eup-Myun Areas. The data were subsample of the 2008 survey on the rural living indicators collected by the rural development administration. Only agricultural households, 73.7% of the original nationwide data (1,461 households out of 1,983) sampled by multi-stage stratified clustering methods and face to face interview in Aug. 2008, were selected and the cross-tabulation(X2) was mainly used to find the difference by Eup Myun areas through spss 12.0 for window. The results showed that the general characteristics of agricultural households such as head of household, family, and economic characteristics were mainly differed by Eup Myun Areas. Agricultural households in Eup area were more likely low in the general characteristics than were those in Myun area. Housing environments were less likely than the general characteristics differed by Eup Myun areas. Improvements of drinking water system, housing alteration, oder, and garbage system were needed to increase the satisfaction with residential environments of agricultural households. This study suggests the use of annual survey on the rural living indicators data would be applicable to various research subjects of home economics.