• Title/Summary/Keyword: Economic View

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Economic-based approach for predicting optimal water pipe renewal period based on risk and failure rate

  • Kim, Kibum;Seo, Jeewon;Hyung, Jinseok;Kim, Taehyeon;Kim, Jaehag;Koo, Jayong
    • Environmental Engineering Research
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    • v.24 no.1
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    • pp.63-73
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    • 2019
  • This study suggests a method for calculating the benefits of water pipe renewal based on an estimate of the water supply suspension risk. The proposed method based on five benefit items is more direct and specific than other benefit estimation methods. In addition, a methodology evaluating the economics of pipe renewal based on pipe failure rate is proposed for estimating the optimal renewal point from an economic perspective. By estimating the optimal renewal period based on a yearly benefit cost ratio per pipe in a case study area, it was possible to draft an optimal renewal plan for the subject region from an economic perspective. Compared with other methodologies, a reasonable optimal renewal period was derived from an economic point of view. The result of this study may be used to develop future water pipe renewal plans. Moreover, the proposed methodologies and results derived from this study can be applied to asset management plans.

A Study on the View of Choice of Spouse and Marriage of Unmarried Women's College Students (우리나라 여대생의 배우자 선택 및 결혼관에 관한 조사연구)

  • Kim, Young-Ock
    • Korean Journal of Human Ecology
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    • v.8 no.1
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    • pp.29-43
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    • 1999
  • This study was carried out to investigate the view of the choice of spouse and marriage of unmarried women's college students. Most respondents in this study think that the optimum age for marriage is 27 and prefer a seniority in age of 3-4 years who feels in love as the future husband. Also, they wish that the job of future husband be a technical expert. Approximately 63% of respondents recognize the necessity of marriage but 38% of respondents do not show a positive opinion for marriage. They also expect the emotional stabilization or partnership from marriage. Majority of respondents show a negative response to the marriage as means to solve economic difficulties. However, only 25.9% of respondents strongly show the negative opinion. In the acquaintance of the opposite sex in the purpose for marriage, most respondent are negative. However, they are positive in keeping virginal purity prior to marriage. Also, it has revealed that respondents want a partnership through allotment in domestic duties including baby sitting rather than household management through patriarchal system. In household economy, they prefer sharing living expenses and having a job after marriage. In choosing an ideal husband, although the academic background is considered as an important factor, but the present occupation is more important than the academic background. Also, one of the priority to choosing a spouse is influenced by each household circumstance and economic balance. About half of respondents want their parents-in-law to be alive, however, few respondents want to live together with parents-in-law.

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A Maritime Security Review of Russia's Annexation of Crimea (러시아의 크림반도 합병의 해양안보적 고찰)

  • Jung, Min-ki
    • Maritime Security
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    • v.6 no.1
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    • pp.57-81
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    • 2023
  • This study aims to review Russia's annexation of Crimea from a maritime security perspective. Based on a comprehensive analysis of Russia's national security perception, this study analyzed Russia's maritime security strategy and the security importance of the Black Sea and the Sea of Azov, and reviewed the annexation of Crimea from a maritime security perspective. The main argument of this study is as follows. Russia's annexation of Crimea was necessary for the successful fulfillment of Russia's maritime security strategy in the Black and Azov Seas. Russia's annexation of Crimea guarantees the activities of the Black Sea Fleet militarily from a maritime security point of view, secures a passage to the Atlantic Ocean to counter NATO's expansion. From a economic security point of view, Russia's annexation of Crimea was based on the strategic considerations to secure influence within the Black Sea economic bloc which guarantees stable production and transportation of natural resources and shipping.

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The Economic Aspect of Gas Hydrate Development (경제성 측면에서의 가스하이드레이트 개발 가치)

  • Sin(Kim), Hwa-Young;Lee, Dong-Jun;Heo, Eun-Nyeong
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.05a
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    • pp.107-110
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    • 2008
  • The price of natural gas import continues to rise, as well as its domestic consumption rate. This research examined the economic feasibility of domestically developing and producing gas hydrate to substitute imported natural gas. Today, the technology to commercially produce gas hydrate is still lacking; however, if the gas hydrate is able to be commercially produced domestically and replace imported natural gas, the annual economic benefit for the Republic of Korea would be 211 - 833 USD/ton. From the industry's point of view, gas hydrate is a high value investment since one can expect an annual profit of over 150USD/ton. The commercial value of gas hydrate development will increase as long as the natural gas market continues to expand and as the increase of natural gas consumption remains steady. With further development of technology, one can anticipate an even higher expected return on the investment.

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Directions and Tasks of Rural Planning System in Korea (한국 농촌계획의 방향정립과 과제)

  • Yoon, Won-Keun
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.1
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    • pp.111-123
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    • 2004
  • The directions and tasks of rural planning system can be accessed by the three view points of planning theory that are value formation, mean identification and effectuation. The concept of rural planning in Korea have been confronted with many problems and need to make new paradigm being able to develop depressed rural area. The highest valve in rural planning have been changed from economic development oriented to environmentally sound and sustainable development oriented. Also, the strategy of rural development have been changed rapidly. The growth pole theory and agricultural economic development strategy have been replaced by the urban-rural linkage theory and multi-sectoral development strategy including economic. social and spatial development. In recent, The implementation instruments for rural development focus on the participation of residence in rural area.

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A System Dynamics Approach to Assessing Regional Disparity from Competitions of Online Shopping Malls (지역과 수도권 쇼핑몰 간 경쟁분석을 통한 지역격차 연구)

  • 연승준;김상욱;황주성
    • Korean System Dynamics Review
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    • v.2 no.1
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    • pp.5-28
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    • 2001
  • The advent of Electronic Commerce is raising two hypothetical questions conflicting each other in economic point of view. The one is that cyberspace will eventually resolve the problem of economic disparity by presenting equal opportunities to local companies through the removal of barriers in terms of time and space. The other is that the problem of economic disparity will be amplified by the vicious cycle of reproduction on an enlarged scale residing in the new rules of digital economy. As an initial attempt to tackle the questions listed above, by introducing systems thinking and adopting the systems dynamics simulation technique this paper puts an effort to find some tentative answers to the questions possibly raised about the impact of electronic commerce on local economy on which little research has been conducted so far. The general scheme for the dynamism of systems where two groups of electronic malls compete each other and the findings presented in the paper would perhaps provide some ideas and directions for further study.

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Economic Considerations Underlying the Adoption of HVDC and HVAC for the Connection of an Offshore Wind Farm in Korea

  • Hur, Don
    • Journal of Electrical Engineering and Technology
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    • v.7 no.2
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    • pp.157-162
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    • 2012
  • Wind energy is created in mega-sized wind farms situated kilometers off shore. In fact, two possibilities are considered for the transmission system between the offshore wind farm and the onshore grid: high-voltage direct current and high-voltage alternating current. From this point of view, the current paper aims to compare both systems for a 2 GW wind farm situated 80 km from the Point of Common Coupling on an economic basis using a discounted cash flow analysis. A tool is developed in Microsoft Excel to allow for quick insight in the variation of input parameters.

MANAGERIAL AND ECONOMIC OPTIMIZATIONS FOR PREFABRICATED BUILDING SYSTEMS

  • Ahmed Abdallah
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.606-614
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    • 2005
  • This paper deals with new realizations of research, scientific development, managerial and economic optimizations for prefabricated building systems. In the literature, all scientific fields are worked out based on the efficiencies, costs, benefits, choice of execution design, technical demands, aesthetical point of view, as well as the total economics. In the present example of a school-building for communities in the third world, the following criteria have been regarded: The optimal superstructure of prefabricated concrete building systems; the particularity of countries of the Third World (e.g. the climate, the political and the economic conditions); the time for construction and necessary innovative developments for an economically optimized superstructure. Added to this are alternative construction-methods and costs for a simple but variable system which can be adapted to changing functions, where variability should be the main point. For example, a school building that is to be adapted by varying number of rooms to cater for the growing number of pupils.

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A Study on the Evaluation of Economic Benefit for Port Hinterland's Investment in Busan New Port (부산항 신항 켄테이너터미널 배후단지 조성사업의 경제성 평가에 관한 연구)

  • Lee, Gi-Hwan;Hwang, Du-Geon;Kim, Myeong-Hui
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.153-171
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    • 2008
  • The purpose of this paper is to estimate economic benefits for the investment of port hinterland. This research has conducted the empirical analysis, by calculating the investment of port hinterland. The key factor for the economic benefits for the hinterland is the utilizing throughputs. This demand is influenced by the throughput in the port. However the data is different between the different organizations. The positive opinions are prevailed about constructing of port hinterland by a optimistic view about throughput. However this paper analyzes the economic benefits by a pessimistic point of view. The main results of this paper are as follows: First, the port hinterland of Busan New Port does not have economic benefit for investment and the hinterland will face the overcapacity problem. We recommend that the plan for investment has to be considered the modification. Second, data of forecasted throughputs is an important factor for evaluation of hinterland's investment. The research for reliable forecasting of throughput has to be preceded for the pertinent evaluation of hinterland's investment.

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The Investigation of Residential Area Changes by the Provision of Urban Linear Parks - Case Studies of the Regenerated Street Parks and the Uncovered Stream Parks in Seoul - (선형공원 조성에 의한 주변 주거지의 변화 분석 - 서울시 재생 가로공원과 복원하천 수변공원 사례 연구 -)

  • Lee, Ju-Eun;Yang, Woo-Hyun
    • Journal of the Korean housing association
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    • v.27 no.6
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    • pp.45-55
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    • 2016
  • This study focused on the changes of residential area around the linear park. The goal of this study is to determine the value of linear park at the view of residents and discover the interaction between the linear park and the residential area around it. To investigate this goal, the researcher chose case sites, the regenerated linear park and the uncovered stream park. This study analyzed the site around the linear parks with four points of view, the organization of urban Fabric, architecture, the economic value of the site and the behavior of residents. This research adopted several research methodologies like aerial photograph analysis, road-view analysis, paper research, and field study, observation, and expert interview to approach as both quantitative and qualitative analysis. With that variation characteristic, the researcher determines the influence of linear park through the residential area around them. As the result, linear park gives positive effects of running sustainable residential area around them and acting as the pivot for the residential area. Also for the future, designers must consider this interactive relation between the linear park and residential area with the wide point of view.