• Title/Summary/Keyword: Economic and non-economic

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Estimation of Embodied Technological Progress in Korean Manufacturing (한국 제조업 사업체의 체화 기술진보율 추정)

  • LEE, Siwook
    • KDI Journal of Economic Policy
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    • v.34 no.1
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    • pp.53-85
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    • 2012
  • This paper empirically investigates the rates of embodied technological change and their relative contributions to total factor productivity growth for manufacturing, using the Korean plant-level manufacturing data for the period of 1985-2003. We adopt a production-based estimation method proposed by Sakellaris and Wilson (2004) in order to examine the marginal productivity increase of each vintage of equipment over time. We find that the rate of embodied technological progress of Korea's manufacturing sector maintains the annual average level of 13.7 percent from 1985 to 2003, slightly lower than 16.9 percent of the U.S., estimated by Sakellaris & Wilson (2004). While the rate recorded a remarkable increase after the 1997 financial crisis, IT-producing and IT-using industries achieved higher rates of embodied technological progress than non-IT counterparts.

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Tariff Reduction and Within-Plant Productivity: Micro-evidence from Korean Manufacturing (수입관세 인하가 기업 생산성에 미치는 효과 분석)

  • Lee, Siwook
    • KDI Journal of Economic Policy
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    • v.29 no.3
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    • pp.75-109
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    • 2007
  • This paper empirically investigates the effects of import tariff on within-plant productivity growth in Korean manufacturing, using the detailed plant-level longitudinal data of the Korea Census of Manufacturers for the period of 1993-2003. Our main findings are as follows: First, the productivity changes of Korean manufacturing for the period under analysis were mostly induced by within-plant productivity gains, rather than within-industry and/or between-industry resource reallocations. Second, after controlling for firm-specific heterogeneity, the estimation results indicate that lowering tariff-barriers has a positive impact on within-plant TFP growth. We interpret the results in a way that trade liberalization through the removal of tariff and non-tariff barriers heightens the competitive pressure, which in turn creates incentives to reduce production and managerial inefficiency and to invest more on innovative activities. Third, we also find that plant productivity growth from reducing tariff barriers is particularly conspicuous within a year after tariff changes, which implies that plants are quickly adjusting to heightened import competition. On the other hand, our results show that the trade effect on employment creation proceeds relatively slow.

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Residents' Attitudes toward Recreation Forest Development (휴양림(休養林) 개발(開發)에 대한 지역주민(地域住民) 태도(態度) 분석(分析))

  • Song, Hyung Sop;Kim, Sei-Cheon;Jeon, Kyung-Soo
    • Journal of Korean Society of Forest Science
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    • v.87 no.3
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    • pp.415-421
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    • 1998
  • The purpose of this study is to ascertain the local residents' attitudes toward adjacent recreation forest development sites. 20 items of residents' attitudes were designed from previous tourism impact studies. For this study, two recreation forest areas were selected. In 1995, a total of two-hundred and four local residents were interviewed in their villages near the two recreation forests. A 5-point Scale was used to record the answers. Most respondents were concerned about two negative impacts of the recreation forests development : small economic gains for the residents and damage to the local environment. There were significant differences in certain socioeconamic characteristics of the respondents. Specially, significant differences were identified between the variables of income or non-income from visitors and residence length. Results indicate that recreation forests development may not be perceived as positive as hoped by the government. Further research needs to be conducted on the impacts of present and projected recreation forest development at the local level.

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A Study on the Physical Properties of xB2O3-yBi2O3-zPbO-5SiO2 Glass System (xB2O3 -yBi2O3-zPbO-5SiO2계 유리의 전기적인 특성)

  • Joung, Maeng Sig;Ju, Kyung Bok;Lee, Nam Han
    • Journal of Korean Ophthalmic Optics Society
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    • v.6 no.1
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    • pp.111-117
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    • 2001
  • The temperature dependence of dielectric constant and electrical conductivity for the BBPS glasses system was studied over a temperature range between $30^{\circ}C$ and $500^{\circ}C$ and at a frequency ranged from $10^3$ Hz to $10^7$ Hz. The dielectric constant ${\varepsilon}$ at room temperature of $xB_2O_3-yBi_2O_3-zPbO-5SiO_2 $ glasses was measured to be 15 at $10^5$ Hz for all samples and found to be almost frequency independent. At the relatively low temperature ranger (<$70^{\circ}C$), the dielectric constant was almost temperature independent and above that it increased with increasing temperature: the rate of increase being different at different frequencies. This behavior could be explained on the basis of the presence of molecular dipoles. The dielectric constant was found to depend on the composition as well as the crystalline phases formed in the glass matrix.

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Comparison of Energy Efficiency by Production Frontier Approach: Based on OECD Countries (생산 프론티어 접근을 통한 에너지효율 비교: OECD 국가를 중심으로)

  • Kang, Sangmok;Kim, Haechang
    • Environmental and Resource Economics Review
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    • v.20 no.1
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    • pp.33-60
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    • 2011
  • The purpose of the article is to compare the impacts of energy efficiency and economic growth for energy demand through production frontier approach in OECD countries. We compared the traditional energy intensity with energy efficiencies of production frontier approach, slack efficiency on the frontier, and estimated elasticity of energy demand for GDP growth. First, the energy intensity has a low relationship with energy efficiency by radial approach, but has constant correlations with slack energy efficiency, slack-adjusted efficiency by non-radial approach, and energy efficiency by horizon approach. If we measure energy efficiency only with energy elasticity, it may make a mistake. Especially the energy efficiency by radial approach has a tendency to overestimate most OECD countries. Second, as many countries have excess energy consumption of 17.3% even on the points of the frontier, reduction of energy consumption is necessary in addition. Third, the average energy elasticity of OECD countries is 1.1 close to elasticity 1. There exists the difference of elasticity among countries and the energy demands are also high in countries with high elasticity.

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Values of travel time reliability (통행시간 신뢰성 가치 산정에 관한 연구)

  • Chang, Justin Su-Eun;Kang, Ji-Hye
    • Journal of Korean Society of Transportation
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    • v.26 no.6
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    • pp.133-142
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    • 2008
  • The term, travel time reliability, refers to variations in journey time that travelers cannot predict. This issue has been one of the main research topics in transport studies. This paper, especially, investigates the value of travel time reliability. The marginal substitution rate method is suggested as the way for the valuation and travelers' stated preference data are collected based on a choice experiment. A mode choice model is estimated using the data surveyed. The parameters of travel costs and travel time reliability from the model are used to calculate the marginal substitution rate that is interpreted as the value of travel time reliability. The value is arranged by travel areas of intercity and urban trips and by journey purposes of working and non-working types. The result of this research is expected to be helpful of conducting more cautious economic feasibility studies of transport schemes.

A Study on the Feasibility of IGCC under the Korean Electricity Market (국내 전력거래제도하에서 IGCC 사업성 확보를 위한 정책 제언)

  • Ko, Kyung-Ho
    • Journal of Hydrogen and New Energy
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    • v.22 no.1
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    • pp.118-127
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    • 2011
  • An IGCC was evaluated as one of the next generation technologies that would be able to substitute for coal-fired power plants. According to "The 4th Basic Plan of Long-term Electricity Supply & Demand" which is developed by the Electricity Business Acts, the first IGCC will be operated at 2015. Like other new and renewable energy such as solar PV, Fuel cell, The IGCC is considered as non-competitive generation technology because it is not maturity technology. Before the commercial operation of an IGCC in our electricity market, its economic feasibility under the Korean electricity market, which is cost-based trading system, is studied to find out institutional support system. The results of feasibility summarized that under the current electricity trading system, if the IGCC is considered like a conventional plant such as nuclear or coal-fired power plants, it will not be expected that its investment will be recouped within life-time. The reason is that the availability of an IGCC will plummet since 2016 when several nuclear and coal-fired power plants will be constructed additionally. To ensure the reasonable return on investment (NPV>0 IRR>Discount rate), the availability of IGCC should be higher than 77%. To do so, the current electricity trading system is amended that the IGCC generator must be considered as renewable generators to set up Price Setting Schedule and it should be considered as pick load generators, not Genco's coal fired-generators, in the Settlement Payment.

A Study of Optimum Shielding Gas Flow Rate in FCAW for Shipbuilding (선박조립과정의 FCAW 적용시 적정 보호가스 유량에 대한 연구)

  • Lee, Hoon-Dong;Shim, Chun-Sik;Song, Ha-Cheol;Yum, Jae-Seon
    • Journal of the Society of Naval Architects of Korea
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    • v.48 no.1
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    • pp.76-83
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    • 2011
  • FCAW(Flux Cored Arc Welding) is a widely used welding method in shipbuilding. It also conducts WPS(Welding Procedure Specification) requested by the classification variations of the factors which affect the quality on the welded area such as thickness of base metal, type of welding wire and shielding gas etc. which has to be satisfied. CO2 is commonly used as a shielding gas for FCAW due to the economic point of view. The amount of shielding gas is stated when classification certify WPS. However, the shielding gas is unnecessarily used at the shipyard leaning only on the welder's experience as there are classification standards for using the shielding gas. It causes production cost to rise. Also recently, CO2 is a main contributor for global warming, and large amounts of CO2 are discharged into the atmosphere during shipbuilding processes without any filtration. Therefore it was confirmed by the security of the welded area as a result of conducting the destructive and non-destructive tests with setting up the factors and the standards by using the Taguchi method. Then the FCAW shielding gas's amounts were calculated precisely when assembling a ship. It will be applied to cost reduction and prevention of environmental pollution at the shipyard.

A Study on the Factors to be Considered before Drug Utilization and the Prescribing Behavior of Antibiotics (처방전 고려사항과 항생제 처방행위에 관한 연구)

  • Moon, Sun-Soon
    • Korea Journal of Hospital Management
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    • v.4 no.2
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    • pp.286-304
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    • 1999
  • The purpose of the study was to analysis physician's prescribing behavior. Data was collected from 320 medical doctors of 10 general hospitals from August to September in 1996. The major findings are as follows; 1) Prescribing dosage: 74% of total selected middle dosage. Resident doctors used maximum dosage. 2) The number of similar antibiotics: 72.4% of total used 1 antibiotic. Surgery depts. and resident doctors selected 2, 3 antibiotics. Physicians to consider of insurance benefit or non insurance benefit used the number of antibiotics less than not to consider. Physicians to think over patient's economic state used less the number of antibiotics than that not to consider. 3) Used term of antibiotics: Total mean was 7.39 days. medical parts had 9.11 days but surgery used 6.41 days. Specialists consumed 6.57 days and residents applied 7.80 days. Physician to reflect result of claim used short term of antibiotics than that don't reflected. 4) Optional order of antibiotics: First antibiotics were selected 68% of total respondents, by medical depts, but secondary, tertiary antibiotics was used surgery depts. Tertiary antibiotics was used residents doctors, universal hospitals, fill beds and over. 5) The number of the items of oral drug : 3-4 the items of oral drug were used 76% of respondent Surgery parts selected 1-2 the items of oral drug, medical depts. selected five and over. Physician to reflect result of claim used less the number of the items of oral drug than that don't reflected. Physician to prescribe different of class of insurance used less the number of the items of oral drug than that don't prescribe different.

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A Study on Process Models for Proposal Evaluation of R&D EU Government Support Programmes (EU정부의 R&D지원 제안서평가 프로세스모형에 관한 연구)

  • Kim, Jin Suk
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.1
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    • pp.80-84
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    • 2013
  • The EU in order to surpass the United States in the world economy have tried several aspects. Economic growth is possible through the technological competitiveness of this industry, and also through the development of industrial technology and employment. Such EU Commission has taken several support policies in order to raise the R & D capabilities. Non-EU member countries, Korea, R & D pipe central incisor see support for the policy proposal evaluation for women is important. The aim of this paper is to analyze the proposal evaluation process of the EU commission for R&D projects. I argue that the EU's methode of proposal evaluation for EU R&D consists of five stages: expert briefings, proposals for individual assessment, consensus and finally a panel evaluation. The main features of the EU's R&D evaluation process for proposals are experts and panel evaluation. The Korean government could select, operate and manage experts for the EU's R&D evaluation. That would lead to a higher rate of success for Korean proposals in the EU.