• Environmental and Resource Economics Review
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• v.16 no.2
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• pp.275-311
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• 2007

Hydrogen energy is emphasized as a substitutable energy of carbon-based energy system in the future, since it is non-depletable and clean energy. Long term vision of Korean government on the national energy system is to promote hydrogen energy by 15% of final energy demand until 2040. This study analyzes economic impacts of hydrogen energy development employing a dynamic CGE model for Korea. Frontier technology such as hydrogen energy is featured as slow diffusion at the initial stage due to the learning effect and energy complementarity. Without government intervention, hydrogen energy would be produced upto 6.5% of final energy demand until 2040. However, if government subsidizes sales price of hydrogen energy by 10%, 20%, and 30%, share of hydrogen energy would increase 9.2%, 15.2%, and 37.7% of final energy demand. This result shows that the slow diffusion problem of hydrogen energy as frontier technology could be figured out by market incentive policy. On the other hand, production levels of transportation sector would increase while growth rate of oil and electricity sectors would decline. Household consumption would be affected negatively since increase of consumption due to the price decrease would be overwhelmed by income reduction owing to the increase of tax. Overall, GDP would not decrease or increase significantly since total production, investment, and export would increase even if household consumption declines.

• Management & Information Systems Review
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• v.32 no.4
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• pp.53-79
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• 2013

Social enterprises can be identified roughly as social purpose-oriented business ventures. They often fill the gaps left by governmental and commercial ventures in providing for certain vulnerable sectors of society. Though social enterprises often adopt market mechanisms in their organizational structures, their emphasis on particular social outcomes means that they intentionally pursue double/triple-bottom lines, thus distinguishing them from many traditional for-profit businesses. Among the Korean laborers, women have been hardest hit by the global economic crisis. As the movements have substantially been taken to strengthen women's economic activities in the recent years, many policies are formulated with these trends, connecting women's employment with social enterprises. This study focused on analyzing social enterprises to be friendly and to provide decent work to women. Data were collected from 491 social enterprises and 830 workers. The main results are as follows. First, the women's employment in social enterprises has accounted for a relatively high rate and the women's wage also is similar to men's one. Second, as for work conditions and types, most women have preferred irregular and non-managerial work. Thus, social enterprises have showed a positive response for the women's job opportunities, while social enterprises have had a negative one for enhancing the women's status at the labor market. In conclusion, social enterprises should institutionalize how to provide more stable working condition to women and to improve their's capacity.

• Environmental and Resource Economics Review
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• v.30 no.3
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• pp.395-433
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• 2021

This paper aims to examine the effects of homeownership and residential types on the economic values of urban green spaces. Green open spaces as public goods provide positive externalities that are comprised of pecuniary and technological externalities. Seoul, South Korea, is used as a case study using choice experiments, with split-sample online respondents of 1,000. The study results evidenced that the differentiation between the two types of externalities is imperative for equitable provisions and efficient management of various urban open spaces. There is a positively significant and substantial impact of homeownership for apartment dwellers, ceteris paribus, but not for house dwellers. For apartments, the efficiency loss can be reduced by increasing green spaces up to the critical point where the marginal cost is at equilibrium with tenants' marginal values. For non-apartment houses, it is not homeownership but the monthly household income that has a significant impact on the amenity value. In general, public benefits from green spaces are equivalent to 16% to 33% of the current residential prices on average for a view or access. Different residential types do not cause a significant impact on the access values. Residential profiles for green spaces were developed, together with tailor-made policy suggestions.

• Journal of The Korean Society of Clinical Toxicology
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• v.19 no.1
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• pp.1-7
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• 2021

Purpose: The purpose of this study was to conduct a systematic review to investigate the socio-economic benefits of the poison control center (PCC) and to assess whether telephone counseling at the poison control center affects the frequency of emergency room visits, hospitalization, and length of stay of patients with acute poisoning. Methods: The authors conducted a medical literature search of the PubMed, EMBASE, and Cochrane Library databases. Two reviewers evaluated the abstracts for eligibility, extracted the data, and assessed the study quality using a standardized tool. Key results such as the cost-benefit ratio, hospital stay days, unnecessary emergency room visits or hospitalizations, and reduced hospital charges were extracted from the studies. When meta-analysis was possible, it was performed using RevMan software (RevMan version 5.4). Results: Among 299 non-duplicated studies, 19 were relevant to the study questions. The cost-benefit ratios of PCC showed a wide range from 0.76 to 36 (average 6.8) according to the level of the medical expense of each country and whether the study included intentional poisoning. PCC reduced unnecessary visits to healthcare facilities. PCC consultation shortened the length of hospital stay by 1.82 (95% CI, 1.07-2.57) days. Conclusion: The systematic review and meta-analysis support the hypothesis that the PCC operation is cost-beneficial. However, when implementing the PCC concept in Korea in the future, it is necessary to prepare an institutional framework to ensure a costeffective model.

• Journal of Korea Port Economic Association
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• v.38 no.1
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• pp.113-127
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• 2022

The purpose of this study is to analyze the efficiency of 90 domestic passenger shipping routes using the DEA Window model as a Decision Making Unit (DMU). Data from 2015 to 2019 are divided into three windows, and efficiency was analyzed by using the number of passenger ships of sails, gross tonnage and distance traveled as input variables and transportation performance of the general public and islanders as output variables. As a result of the analysis, improvements are derived and presented for routes with low relative efficiency. In particular, the efficiency is evaluated for general routes operated by private operators as profit routes and auxiliary routes supported by the government as non-profit routes. In addition, scale efficiency (SE) is derived by using the technical efficiency (TE) of the CCR model and the pure technical efficiency (PTE) values of the BCC model. It is found that the inefficiency of the route was due to pure technical efficiency (PTE) rather than scale efficiency (SE). It will be necessary to consider the improvements for each route shown in the analysis results of this study when establishing the policy for the domestic passenger shipping route.

• Economic and Environmental Geology
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• v.35 no.6
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• pp.491-508
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• 2002

While about 80% of Jeju soils are classified as Andisols, the soils derived from volcanic ash in Dangsanbong are not Andisols. There is a significant difference of precipitation in localities of Jeju island. The study area is characterized by the lowest amount of annual rainfall in Jeju Island, and by the layered silicates as dominant solid phase in clay fraction. The purpose of this study was to characterize the mineralogy of the non-Andie soils in detail, especially hydroxy-interlayered silicates. Two major soil horizons are recognized in the soil profile developed in the Dangsanbong area, which can be designated as A and C. The soil pH($H_{2}0$), ranges from 6.6 to 7.3 increasing with depth, is higher than that of typical Andisols(pH<6.0). While the pH(NaF), ranges from 9.49 to 9.81, indicates that significant amount of amorphous phases might be present as exchanging complexes. It is estimated to about 1.542.88 wt% by using chemical selective dissolution. The organic content of surface horizon is about 2 wt%. This soil are composed of quartz, feldspar and olivine as major constituents with minor of silicate clays. Quartz is frequently observed in A and distinctly decreases in its amount with depth, while olivine is dominant phase in C and rarely observed in A. In the <0.2$\mu\textrm{m}$ size fraction, smectite and kaolinite/smectite interstratification are dominant with minor of illite. The amounts of smectite decrease with depth, while the amounts of kaolinite/smecite interstratification increase with depth, which indicates the trend of mineral transformation with increasing the degree of weathering. The proportion of kaolinite in kaolinite/smectite interstratification is about 85%, and is not changed significantly through the profile. In the 2-0.2$\mu\textrm{m}$size fraction, vermiculite, smectite, illite and kaolinite are major components with minor of chlorite. Most of chlorite are interstratified with smectite. Chlorite which is not interstratified with smectite occurs only in surface horizon. The proportion of the chlorite in the chlorite/smectite interstratification is 59-70(%) and increases with depth. Hydroxy-interlayered vermiculite(HIV) with hydroxy-Fe/AI in their interlayers occurs in both A and C horizon. The amounts of hydroxy-Fe/AI decrease with depth. Hydroxy-interlayered smectite(HIS) of which interlayers might be composed of hydroxy-Mg/Al occurs only in C horizon. As the results of mineralogical investigation for the soil profile in the study area, clay minerals might be changed and evolved through the following weathering sequences: 1) Smectite Kaolinite, HIS, Vermiculite, 2) Vermiculite HIV Chlorite.

• Journal of the Korean Society for Railway
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• v.16 no.1
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• pp.65-70
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• 2013

In many cases, operation of regional trunk lines is not profitable to railway operators. Nevertheless, railway operators are under pressure to manage regional trunk lines running under deficits, to better serve public interests. Given this situation, railway operators need to optimize assets by adjusting train schedules or changing the number of trains running. When railway operators judge the operation of a regional trunk line, the B/C ratio is generally used as a management index. This ratio is not considered part of strategic operational policy over the long term, and excessively influenced by the aspects of supply and demand over the short term. Accordingly, this study focused on indices that might be used to prevent worsening deficits and provide long term strategic operation policies, main indices to better measure economic situations, and auxiliary indices to supplement the main index. The main indices were measured in conventional ways to target experts and employees. This study presents quantitative standards, which are intended to be used to create itemized criteria through an Analytic Hierarchy Process, for better decision-making.

• Environmental and Resource Economics Review
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• v.13 no.3
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• pp.337-366
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• 2004

Contingent Valuation Method (CVM), as non-market valuation approach, has been criticized on that respondents may not realistically reflect their budget constraints in answering willingness to pay (WTP) for hypothetical CV questions. This paper empirically estimates the income calibration factor associated with CV responses through combining travel cost method and contingent valuation method in a utility-theoretic framework. The joint model of recreation demand function and contingent WTP function was applied to an important case study on the Man Kyoung River system, whose water quality is at issue because of the Sae Alan Kum reclamation project. Relevant economic variables such as price, income and water quality had significant influence as anticipated by the economic theory. Equally important, the income calibration factor was not significantly different from one, suggesting that the systematic discrepancies of CV responses relative to the actual behavior was not detected at least in terms of budget exaggeration. Overall, this study supports the notion that carefully designed CVM studies can provide informative data on individuals' willingness to pay for environmental quality changes.

• 한국노년학
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• v.38 no.2
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• pp.291-308
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• 2018

The purpose of this study is to analyze the factors influencing financial preparedness for retirement of the middle-aged North Korean defectors (resettling in South Korea) using concepts of 'financial literacy' and 'financial inclusion'. Those questioned were 100 North Korean defectors of 40-60 years-old residing in Seoul and Gyeonggi-do Province selected by convenience sampling, one of the non-probability sampling. Path analysis is used as a main analysis method. The results of the study show a direct effect in which increased financial literacy resulted in better financial preparedness for retirement among middle-aged North Korean defectors at a statistically significant level. In addition, by boost-trapping method, financial inclusion has its mediating effect on the relationship between financial literacy and financial preparedness for retirement. However, this study shows that influence of financial literacy on financial preparedness for retirement is different across economic statues. The mediating effect of financial inclusion on the relationship between financial literacy and financial preparedness is statistically significant only for the low-income group. Meanwhile, for the above average income group, financial literacy has a direct effect on the financial preparedness after retirement at a statistically significant level. Based on these results, this study suggests practical and policy implementation such as necessity of customized financial education suited to their economic status, development of financial instruments for retirement, introduction of financial social workers to prepare stable old age of North Korean defectors.

• Smart Media Journal
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• v.11 no.7
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• pp.28-38
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• 2022

The term 'fourth industrial revolution' was mentioned at the World Economic Forum (WEF) in 2016 and has become a term representing a new industrial era based on information and communication technology (ICT). In the environment of the 4th industrial revolution, ESG management activities are becoming a very important factor in business activities. With the emergence of a new paradigm of organizational operation in the post Covid19 era, the demands for ESG (Environment, Social, Governance) investment related to the environment, social responsibility are increasing. This study examines the role that can support ESG management by utilizing the expertise of appraisers. Real estate is one of the fields of high public interest, and since most ESGs have been conducted centered on the role of private companies, the role of the expert group or the role of public corporations and public institutions is relatively insufficient. If a company or general company engaged in the real estate investment business establishes the role of the Korea Appraisers Association to revitalize ESG management using appraisers, such as ESG appraisers, when investing in real estate, it is believed that it will be possible to promote efficient and sound development of the real estate industry. It was judged that a study on a group of experts was also necessary. In addition, even if the impact of Covid-19 is excluded, it is necessary to gradually introduce an appraisal using non-face-to-face or various advanced technologies (the 4th industry). This study differs from previous studies in that it focused on the role of ESG by the Korea Association of Property Appraisers while research on the role of ESG in public institutions or expert groups is being actively conducted in recent years.