• Title/Summary/Keyword: Economic Scale

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Performance of Pilot-Scale Biodiesel Production System (파일럿 규모의 바이오디젤 생산공정의 실증연구)

  • Jeong, Gwi-Taek;Park, Jae-Hee;Park, Seok-Hwan;Park, Don-Hee
    • KSBB Journal
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    • v.24 no.1
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    • pp.89-95
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    • 2009
  • Biodiesel (fatty acid alkyl esters), which is produced from sustainable resources such as vegetable oil, animal fat and waste oils, have used to as substitutes for petro-diesel. In this study, we investigate the performance of 30 L and 300 L pilot-scale biodiesel production system using alkali-catalyst transesterification from soybean oil and rapeseed oil produced at Jeju island in Korea. The 30 L-scale biodiesel production was performed to in the condition of reaction temperature $65^{\circ}C$, catalyst amount 1% (w/w) and oil to methanol molar ratio 1 : 8. At that reaction condition, the fatty acid methyl ester contents of product are above 98% within reaction time 30 min. Also, the conversion yield of over 98% was obtained in 300 L-scale biodiesel production system using rapeseed oil and soybean oil. The quality of biodiesel produced from reaction system was satisfied to recommended quality standard of Korea. Our results may provide useful information with regard to the scale-up of more economic and efficient biodiesel production process.

Analysis of the Economy of Scale for Domestic Steam Methane Reforming Hydrogen Refueling Stations Utilizing the Scale Factor (Scale Factor를 이용한 국내 천연가스 개질식 수소충전소의 규모의 경제 분석)

  • GIM, BONGJIN;YOON, WANG LAI;SEO, DONG JOO
    • Journal of Hydrogen and New Energy
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    • v.30 no.3
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    • pp.251-259
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    • 2019
  • The aim of this study is to evaluate the economic feasibility of domestic on-site steam methane reforming (SMR) hydrogen refueling stations. We evaluated the levelized cost of hydrogen (LCOH) for the SMR hydrogen refueling stations, which have production capacities of 100 kg/day (SMR 100), 200 kg/day (SMR 200), and 500 kg/day (SMR 500) utilizing the scale factor. The main results indicated that the LCOH of SMR 100, SMR 200, and SMR 500 were 14,367 won/kg, 11,122 won/kg, and 8,157 won/kg, if the utilizations of hydrogen stations were 70%. These results imply that the production capacity of the domestic SMR hydrogen station should be greater than 500 kg/day to compete with other hydrogen stations when we consider the current sale price of hydrogen at the hydrogen stations.

Evaluation of Suitable Locations of Green Care Farm Complex According to Spatial Scale (공간규모별 치유농업단지 입지잠재력 평가)

  • Lim, Hye-Ji;Bae, Seung-Jong;Koo, Hee-Dong;Kim, Dae-Sik
    • Journal of Korean Society of Rural Planning
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    • v.27 no.3
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    • pp.93-102
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    • 2021
  • This study was attempted to provide a scientific basis for the problem of location selection by spatial scale for efficient promotion of projects related to green care farm complex. Location potential assessment system in local government scale consists of two major components from demand-side and supply-side consideration. The demand-side aspect considered the characteristics of potential users, while supply-side aspect used total 18 indices over 8 divisions under 3 fields. For the location potential assessment in district scale, total 8 indices under 3 major divisions were considered based on biological, physical, social, and economic environment. The application results of the location potential evaluation system in local government scale(excluding metropolitan cities) showed high location potential in southern Gyeonggi Province and near Busan Metropolitan City. As a result of applying the district-scale location potential evaluation system to Geumsan-gun, Geumsan-eup, Chubu-myeon, and Jewon-myeon have high potential. Further studies to improve the applicability of the developed indices are recommended by enhancing assessment indices, complementing base data, and reinforcing with spatial analysis.

Dynamics of Economic Spaces and Spatial Economic Inequality in East Asia (경제공간의 역동성과 동아시아지역 공간경제의 불균형)

  • Park, Sam-Ock
    • Journal of the Korean Geographical Society
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    • v.45 no.4
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    • pp.478-501
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    • 2010
  • The purpose of this study is to understand spatial economic inequalities under the framework of the dynamics of economic spaces in relation to the four global megatrends: globalization, knowledge-based economy, information society, and the service world. The international inequalities in East Asia, as well as inter-regional inequalities within Japan, Korea, and Thailand were analyzed. The variables related to the four megatrends, as a whole, have clearly explained the variations in international inequalities in East Asia, as well as the inter-regional inequalities within a nation. The individual impacts of the variables on spatial inequalities are, however, significantly different depending on the spatial scale of analysis and national characteristics. Overall, there has been a convergence trend of international per capita GNI (Gross National Income) in East Asian nations, while both divergent and convergent trends are evident at the regional scale within a nation. Two global oil crises in the 1970s and the East Asian financial crisis in the late 1990s resulted in the discontinuity of the general convergence trend, and have led to the increase of international and inter-regional inequalities in economic activities. This suggests that although the effect of the global crisis differs in each country, in general, the economies of peripheral countries and regions are more vulnerable during a global economic crisis.

Assessing the Differences in Korean View on National Economic Policy with Factor and Cluster Analysis

  • Kim, Hee-Jae;Yun, Young-Jun
    • Journal of the Korean Data and Information Science Society
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    • v.19 no.2
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    • pp.451-461
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    • 2008
  • In this study, factor and cluster analysis have been conducted to group the differences in Korean view on national economic policy in the sample of the 2006 Korean General Social Survey (KGSS). According to the 2006 KGSS, the 6 items with a 5-point Likert scale include the questions about whether or the extent to which each respondent supports the specific types of governmental economic policy. In our study, at first, the factor analysis has converted the original 6 items into the 3 composite variables that account for 81% in the total variability. As the second step of factor analysis, factor scores have been computed. Then, the K-means cluster analysis based on the factor scores has been conducted to group the survey respondents into the 3 clusters. In particular, the cross-tabulation analysis has shown that the distribution of the 3 clusters varies with the respondents' socio-demographic characteristics.

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An Analysis of the Factors Affecting Farmers' Recognition and Acceptance on Sustainable Agriculture (지속가능한 농업 인식도 및 수용의향 분석)

  • Kim, Chang-Gil;Jeong, Hak-Kyun;Moon, Dong-Hyun;Han, Jae-Hwan
    • Korean Journal of Organic Agriculture
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    • v.23 no.2
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    • pp.247-265
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    • 2015
  • This study analyzes the factors affecting farmers' recognition and acceptance of sustainable agriculture. To accomplish the objectives of the study a farm survey was conducted using target respondents which were made of the local correspondents and reporters of Korea Rural Economic Institute. The Heckman's model was employed for an empirical analysis on determining the extent of farmers' acceptance of sustainable agriculture. The analysis results show that the more farmers think it is important for Korea to adopt sustainable farming practices, the more they adopt sustainable agriculture. It is also shown that the high incomes farmers earn, the more interest they have in the environment and thus the more likely they are to adopt sustainable agriculture. Based upon the empirical results it is suggested that an adoption of economic incentive instruments, education of sustainable agriculture, research and development of sustainable agriculture technology, and an establishment of sustainable agriculture infrastructure to expand the scale of sustainable agriculture.

The New Direction of Rural and Agricultural Policy under the Economic Opening System (개방경제하에서 농업 ${\cdot}$ 농촌정책의 새로운 방향;농업보전정책의 필요성을 중심으로)

  • Choi, Sik-In;Ko, Soon-Chul
    • Journal of Agricultural Extension & Community Development
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    • v.12 no.1
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    • pp.17-28
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    • 2005
  • This study investigated structural changes of the Korea's agriculture and proposed the new direction of rural and agricultural policy in Korea after economic opening. The major results may be summarized as follows: Firstly, the study identified structural changes of the country's peasantry under the economic opening system. Korean agriculture has been deteriorated in population structure, arable land size, and income composition. Secondly, according to above analysis on these changes it suggested that the traditional rural communities were exposed to collapse and this unwanted disaster could result in serious adversities to the national economy. Thirdly, this study proposed preservation policies for small scale farming households and also administrative preparations of multi-dimensional approaches leading to successful rural and agricultural planning.

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The economic effects of a Korea.China FTA on Gwangju-Jeonnam Region - Mainly Agricultural and Marine Products - (한.중 FTA체결이 광주.전남지역에 미치는 영향에 관한 소고)

  • Jung, Chul-Gi
    • International Commerce and Information Review
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    • v.10 no.4
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    • pp.353-372
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    • 2008
  • The economic development system of Korea is based on export-oriented strategy and the free trade agreement. So Korea is trying to conclude the free trade agreement with China, Japan, and EU. The reason is that Korea will have more chances to develop there economy scale and trade surplus, but it will give the worst economic situation. The research showed that the effects of FTA on Korea's GDP will be much greater than China's and Korea's trade surplus with China will expand in the manufacturing sector, but agricultural and marine products are layed in opposite situation. Especially comparing with other Provincial, Gwangju Jeonnam has a relative importance portion of agricultural and marine products. So, Gwangju Jeonnam have to prepare the effects of agricultural and marine products under the Korea China FTA.

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Green New Deal Project and Low Carbon, Green Growth Strategy (녹색뉴딜사업 및 저탄소 녹색성장 전략)

  • Lee, Sun
    • Journal of the Korean Professional Engineers Association
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    • v.42 no.2
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    • pp.41-48
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    • 2009
  • The Government declared 'Low-Carbon Green Growth' as the new national vision for future development to improve economic growth and quality of life through higher energy efficiency, less energy consumption, wider use of renewable energy, etc. Korea can no longer delay participating in international efforts against global warming by reducing carbon dioxide and other greenhouse gas emissions. Thus low-carbon green growth is not a matter of choice, and it becomes indispensible to sustaining the nation's economic development. The Government is determined to take the initiative in speeding up economic recovery by carrying out the large scale investment projects such as the Korean version of a 'Green New Deal. The 49 trillion-won projects include river improvement, eco-friendly transportation networks, advanced information infrastructure, water resources & dam construction, green cars & clean energy development, etc. which will create nearly one million new jobs over the next four years.

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Management Efficiency of Korean Information and Communication Enterprise (국내 정보통신업의 경영효율성에 관한 연구)

  • Kim, Jong-Ki;Kang, Da-Yeon
    • Proceedings of the Korea Database Society Conference
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    • 2008.05a
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    • pp.321-338
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    • 2008
  • Information and communication industry, which shows rapid growth rate, is now leading the global economic growth, contributing a ripple effect on general business and economic structure. It is said that information and communication industry enables swift economic growth taking a role as a basic industry of information-oriented society. Especially, rapid technical innovation promotes mutual growth of other related industries and it is technology-intensive. The purpose of this research is to analyze the management efficiency of information and communication industry using DEA method, and finally suggest numerical value for inefficient organizations to improve their efficiency. CCR-I, BCC-I efficiency and RTS(Returns to scale) of 29 companies engaged in information and communication industry was evaluated. With the results, I suggested model companies for benchmarking in information and communication industry. To summarize, 7 companies were selected with CCR-I efficiency rate 1, and 12 companies with BCC-I efficiency rate 1. RTS was finalized with 8 IRS companies, 10 DRS companies, and 11 CRS companies.

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