• The Journal of Asian Finance, Economics and Business
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• v.8 no.10
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• pp.129-138
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• 2021

Several studies have revealed that information on borrower characteristics plays an important factor in approving their credit requests. Though the extent to which such characteritics are also applicable to the case of fintech lending remain uncertain. The aim of this study is, thus, to investigate the determinant factors that influence MSEs in obtaining credit through fintech lending. Here, we emphasize virtual trust in fintech lending encompasing the dimension of social network, economic attributes, and risk perception based on several indicators that are used as proxies. Primary data used in the study was gathered from an online survey to the respondents of MSEs in Java. The result of the study indicates that determinants of MSEs in obtaining credit from lender through fintech lending are statistically influenced by internet usage activities, borrowing history, loan utilization, annuity payment system, completeness of credit requirement documents and compatibility of loan size with the business need. These factors have a significant effect on credit approval because they can generate virtual trust of fintech lender to MSEs as potential borrowers. It concludes that the probability of obtaining fintech loans in accordance with their expectations are influenced by the dimensions of social network, economic attributes and risk perception.

• Journal of Korean Society for Quality Management
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• v.18 no.2
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• pp.69-80
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• 1990

This paper highlights the economic effects of nuclear power plants standardization in Korea. The major effects of nuclear power plants standardization appear in the reduction of time-related costs. By using this major economic effects of standardization, an optimal plant mix of electric power until the year 2005 is suggested by means of WASP computer model. And the effects between the standardized case and the non-standardized case is compared.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.6
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• pp.892-897
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• 2017

Until now, it has been for choosing most economic result to be generally used for designing remote MicroGrid (MG) system. It is able to make economic benefit by reducing operation cost, but proportion of renewable energy will be minimum. In other words, it is difficult to get an effect by renewable energy because economic feasibility is an only consideration. Therefore, various factors should be considered and design objectives should be are diversified to design proper remote MG system. In this paper, remote MG system is classified into two types according to design objectives, and they are analysed through case study based on economic evaluation. In addition, economic feasibility for each type is analysed through sensitivity analysis according to various factors that affect the design results of the system.

• Asian-Australasian Journal of Animal Sciences
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• v.22 no.12
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• pp.1693-1702
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• 2009

Economic values of 14 production and functional traits for two Slovak dairy sheep breeds (Improved Valachian and Tsigai) were calculated. Semi-extensive production systems with one lambing per year were simulated using a bio-economic deterministic computer model. The marginal economic value of a trait was defined as the partial derivative of the profit function with respect to that trait. The relative economic value expressed the percentage proportion of standardized economic value (marginal economic value${\times}$genetic standard deviation) of a trait in the sum of the absolute values of the standardized economic values over all traits. Milk yield was of highest relative importance (26% and 32% in Improved Valachian and Tsigai) followed by productive lifetime and conception rate of ewes (16% and 15% in Improved Valachian and Tsigai, in both traits). Conception rate of female lambs and litter size had nearly the same relative economic importance in both breeds (9% to 11%). Survival rate of lambs at lambing and till weaning reached slightly lower economic values (4% to 7%). The economic importance of all remaining traits was less than 4%.

• Nuclear Engineering and Technology
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• v.41 no.4
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• pp.549-560
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• 2009

Over the last three decades, nuclear technology development has played a vital role in the socio-economic development of the Republic of Korea. This study, being the first of its kind, focuses on quantifying the actual economic contribution of nuclear technologies to economic development by evaluating the net benefit of the nuclear power with respect to the country's Gross Domestic Product (GDP). An input-output analysis was employed as a methodological approach to analyze inter-industrial economic activities by calculating the industrial value added as a means of the economic contribution during the period of 1980 to 2005. The industrial value added of nuclear technologies was estimated from the construction and operation of nuclear power (backward-linked industrial value added) and from the industrial activities attributed to the electricity generated by the nuclear power (forward-linked industrial value added). It was found that the total net contribution of nuclear technologies as a percentage share of GDP amounted to 2.38% in 2005.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.63 no.12
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• pp.1752-1758
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• 2014

This paper evaluates economic benefits of ESS (Energy Storage System) for peak load shaving in the substation of urban railway. For this purpose, the method to determine capacities of ESS and PCS (Power Conditioning System) for peak load shaving is proposed. Then the economic benefits of those devices are evaluated using net present value method. The proposed methods are applied to actual measurements of loads in the substation of urban railway. The results show that electric power costs can be reduced and the economic benefits of ESS for peak load shaving mainly depends on the price of battery.

• Journal of Distribution Science
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• v.16 no.11
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• pp.29-36
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• 2018

Purpose - Research on community empowerment based on superior commodities to improve the economic resilience of the tourist village of Lumajang Regency is an investigative descriptive study to obtain an overview of the problems of community economic development, especially regarding economic resilience. The output of this research activity is the formation of integrated and comprehensive strategic programs and activities in order to improve economic empowerment and food security of the community around the tourist village. Research design, data, and methodology - This research method applies several methods of analysis such as the Loqation Quotion (LQ) method, SWOT analysis, Trend analysis, and analysis of Community Economic Empowerment in the agricultural sub-sector. Results - This research has strategic values and objectives in addition to providing important information to improve food security of tourism villages in Lumajang district in particular and disadvantaged communities in Indonesia in general. Through this supportive community economic empowerment programs, Lumajang District has an agricultural area and at the same time as a nature-based tourism area that supports it. Conclusion - Village tourism community empowerment activities are taken based on existing superior commodities. The existing tourism village program in Lumajang district can be used as one of the references for the upcoming tourism village program.

• Journal of Ginseng Research
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• v.14 no.2
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• pp.332-337
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• 1990

• Journal of Climate Change Research
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• v.7 no.3
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• pp.335-339
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• 2016

The purpose of this study is to analyze effects of greenhouse gas reduction in organic agriculture. To accomplish the objective of the study, a field survey was conducted. Based on the field survey results, LCA method was used to estimate the greenhouse gas emission. The farmer survey and LCA estimation data were provided by The Foundation of Agricultural Technology Commercialization and Transfer. The GHG estimation results showed that GHG emission of organic farming is less by 10.6~89.3% when compared with the conventional farming. In addition, the economic value of greenhouse gas reduction in organic farming amounts to 1,097 million won. Based on major findings, in response to national greenhouse gas reduction target, it is needed to expand organic farming, supporting organic farmers' income.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.16 no.4
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• pp.431-439
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• 2018

Less mature nuclear reactor technologies are characterized by a greater uncertainty due to insufficient detailed design information, operational data, cost information, etc., but the expected performance characteristics of less mature options are usually more attractive in comparison with more mature ones. The greater uncertainty is, the higher economic risks associated with the project realization will be. Within a comparative evaluation of less and more mature nuclear reactor technologies, it is necessary to apply economic risk measures to balance judgments regarding the economic performance of less and more mature options. Assessments of any risk metrics involve calculating different characteristics of probability distributions of associated economic performance indicators and applying the Monte-Carlo method. This paper considers the applicability of statistical risk measures for different economic performance indicators within a trial case study on a comparative evaluation of less and more mature unspecified LWRs. The presented case study demonstrates the main trends associated with the incorporation of economic risk metrics into a comparative evaluation of less and more mature nuclear reactor technologies.