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

Search Result 2,158, Processing Time 0.028 seconds

Economic and Environmental Effect Analysis of Rhodium Recycling System (로듐 재자원화의 경제적 및 환경적 효과 분석)

  • Seong You Lee;Kayoung Shin;Doo Hwan Kim;Yong Woo Hwang;Hong-Yoon Kang;Sung Min Hong;Da-Yeon Kim
    • Resources Recycling
    • /
    • v.32 no.3
    • /
    • pp.45-56
    • /
    • 2023
  • This study analyzed the economic and environmental effect of recycling rhodium used in the non-catalytic field. As an analysis methodology, economic effect analysis applied cost-benefit analysis and resource-saving effect analysis and the environmental effect analysis applied life cycle assessment (LCA). The results show that from an economic point of view, the cost-benefit ratio was 1.28, which was feasible, and the cost reduction was 237,000 won based on 1 g of rhodium recycled and the amount of rhodium recycled was 7.17 billion won in 2025. As for the environmental effect, the greenhouse gas(GHG) emissions were compared between the case of recycling based on rhodium 1 kg and the case of overseas sales. The calculation results show that based on rhodium 1 kg, greenhouse gas emissions were reduced by 99.8%, from 65 kg CO2eq./kg-Rh when recycling to 28,800 kg CO2eq. when sold overseas. The results obtained from this study could suggest that rhodium recycling is necessary in Korea where resources are scarce by analyzing the economic and environmental effect of recycling rhodium used in the non-catalytic field.

Microgrid operating method in realtime pricing (실시간 전기요금제에서 마이크로그리드의 운용 방법)

  • Jyung, Tae-Young;Baek, Young-Sik
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.59 no.12
    • /
    • pp.2165-2172
    • /
    • 2010
  • This paper presents the operation algorithm of microgrid on the Real Time Pricing(RTP) for building the smart grid. RTP is higher power price variability than flat rate and time of use. However it has an effect on peak clipping and peak load shifting due to the increased price on peak time power demand. When the RTP are applied to the microgrid system, the proposed algorithm is able to be effective and economic operation. The implemented system is operated for the economic operation in microgrid connected with the power system. On the other hand, when the microgrid is operated on isolation mode, it focus on the improvement of stability and the power supply reliability of the sensitive loads. The test system are implemented and calculated on various operation modes based on non-dispachable generator output and RTP data for validating the proposed operation algorithm. The calculated results are compared to the implemented results using real-time simulator. It can be confirmed that the proposed operation system are identical results to the calculated one. When the proposed operation algorithm is applied to the system, it can be show the effectiveness of the peak clipping and peak load shifting and the improvement of economic feasibility.

Economic Spillover Effects of e-Receipts in South Korea (전자영수증 확산의 경제적 파급효과 분석)

  • Jun, Hyo-Jung;Kim, Tae-Sung
    • Journal of Information Technology Services
    • /
    • v.17 no.2
    • /
    • pp.35-47
    • /
    • 2018
  • An electronic receipt (e-receipt) is a receipt issued electronically in place of a traditional paper receipt. This e-receipt, which can be accessed on a smartphone or online, allows for the exchange of goods, refunds, and other services without a paper receipt. The government is focusing on widespread dissemination of e-receipts to realize a society without paper by 2020. Introduction of the e-receipt has begun in mainly large marts and coffee shops, and recently, major franchise convenience stores. As a result, individual customer's transactions are being converted into electronic transactions, and the payment methods are changing to card-based electronic payment services or prepaid electronic payment services. The number of non-paper commercial transactions are also on the increase. In this paper, we try to identify the e-receipt industry ecosystem by analyzing the industries and markets participating in the process of receipt issuance from the perspectives of storage, management and disposal, and to analyze the domestic industrial and social economic effects expected from the spread of electronic receipts.

The Emergence of Competitiveness in Korea-China Ship Distribution Industry

  • Lee, Jae-Sung;Kim, Yung-Keun;Noh, Hyun-Soo
    • Journal of Distribution Science
    • /
    • v.13 no.7
    • /
    • pp.11-18
    • /
    • 2015
  • Purpose - This paper reviews the changes in the ship export and import structure between Korea and China. It utilizes the comparative advantage trade theory to analyze time-series statistical data from the market share index, revealed comparative advantage index (RCA), and trade specialization index(TSI). Research design, data, and methodology - Based on their economic phases, both Korea and China have similar country characteristics. The purpose of this research is to understand the two country's trade structures to fortify the Korea-Sino economic relationship including verifying what is working and what is not. Results - Based on the analysis, bilateral economic activity to achieve a plus trade stimulus environment should be realized in the long run. Both countries should establish guarantee-free trade negotiations and boundaries instead of various non-tariff barriers. Conclusion - Reviewing the research, a sound competitive relationship can be grown for mutual benefit including export market diversification in the near future. The review of the Korea-Sino ship industry is keenly important and investigative research about it is timely because it is a major industry in each country.

The Relationship between Risk Perception and Purchasing Behavior of Clothing Gift among Adult Women (성인 여성의 의류선물 구매시 위험지각과 구매행동간의 관계)

  • 김수진;정명선
    • Korean Journal of Human Ecology
    • /
    • v.1 no.1
    • /
    • pp.126-142
    • /
    • 1998
  • The purpose of this study was to investigate the relationship between perceived risk and purchasing behavior of clothing gift among adult women. Data were collected from 258 adult women reside in Kwangiu who have ever been to purchase clothing gift during recent six months using a qusetionaire. Frequency Analysis, Factor Analysis, Correlation Analysis, T-test were carried out in the collected data. The findings were as follows; 1. The types of risks that respondents perceived when they purchased clothing gift were identified as practical-economic risk, the social-psychological risk, the fashionable risk and the time-refunding risk. 2. The higher the self-satisfaction motivation was, the higher the social-psychological risk and the higher the practical motivation was, the higher the practical-economic risk (P<.001). 3. The degree of the perceived risks of the Low Planning Group was higher than that of the High Planning Group (P<.001). 4. When the respondents perceived social-psychological risk high, they considered brand, fashionability, and store type as more important selective criteria and when the practical-economic risk perceived high, practicality, store service were conidered more important (P<.05). 5. When respondents perceived social-psychological and fashionable risk high, they used both personal information and non-personal information high (P<.01). (Korean J Human Ecology 1(1) : 126∼142, 1998)

  • PDF

Comparison between Self-esteem and Health Promotion Behavior of Health Department and Non-Health Department College Students - Focused on comparison between Emergency Medical Technology Department Students and Engineering College Students - (보건계열과 비보건계열 대학생의 자아존중감과 건강증진행위에 관한 비교 연구 - 응급구조과와 공과계열 학생 간 비교 -)

  • Chae, Min-Jeong;Choi, Gil-Soon
    • The Korean Journal of Emergency Medical Services
    • /
    • v.16 no.1
    • /
    • pp.53-63
    • /
    • 2012
  • Purpose: This study examines and compares the differences between self-esteem and health promotion behavior of health department and non-health department college students. Method: The research instruments were as follows : The first one is RSES developed by Rosenberg and translated into Korean by Jeon. The second one is HPLP developed by Walker et al, and including six subareas by Lee and modified to be suitable to Korean culture by Suh. Data were statistically analyzed with SPSS PC/12.0. Results : 1. Comparison of self-esteem had no significant difference(p=.190) and health promotion behaviors had significant differences(p=.000) between the two groups. 2. According to general characteristics and health-related characteristics, the differences of self-esteem in health department showed significant differences in grade(p=.020), sex(p=.000), age(p=.000), parents' economic conditions(p=.048), and smoking(p=.030) while non-health departments revealed significant differences in grade(p=.003), sex(p=.000), age(p=.000) and smoking(p=.001). 3. According to general characteristics and health-related characteristics, the differences of health promotion behaviors in health department showed significant differences in grade(p=.008), sex(p=.021), age(p=.000) and parents' economic conditions(p=.017) while non-health department revealed significant differences in sex(p=.000) and age(p=.000). 4. There were positive correlations between self-esteem, health promotion behaviors and subareas in health department (r=.422) and non-health department (r=.383). Conclusion: There were significant positive correlations between self-esteem and health promotion behaviors in health and non-health department college students. Therefore, health related programs should be developed to enhance self-esteem and health management by college students can influence themselves on self-esteem and health promotion behaviors.

Effectiveness analysis about Readjustment of Fishery Permit (어업허가 일제정비제도 도입에 따른 효과분석)

  • Lee, Kwang-Nam;Jung, Jin-Ho
    • The Journal of Fisheries Business Administration
    • /
    • v.42 no.2
    • /
    • pp.97-112
    • /
    • 2011
  • The coastal and offshore fishery to manage from a fishery permit system in our country at present seems to be a sign of lots problem, which are illegal fishing, a permit rent, non fishing vessel the purpose of vessel reduction, fishery compensation, tax exemption oil, the excessive occurrence of administrative cost due to differences during a period of a fishery permit. All the readjustment system for the permit has suggested an effective solution for a fishery permit management, the maintenance of a fishery order(the prevention of illegal fishery), the prevention of unused fishery, the entrance of new vessel in coastal fishery and it's system has prevent this problems in ahead. This paper has estimated an prevention convenience for an illegal spill of the tax exemption oil, actual effects of vessel reduction, the conservation of fishery resource for the future value and carried out an economic analysis to estimate compliance cost for the system introduction. Also, this study have analyzed throughly the coastal fishery situation and catched lots of issues on the management for the permit system. Especially, the problems improving the readjustment introduction for the permit have estimated the social and economic effects quantitatively and qualitatively with a calculated technique to classify various scenarios. This paper has judged correctly the term of validity for the permit to shorten as a result of the estimation and it will be to take the net convenience cost 1,655thousand million won. The results of this study have expect to provide a basic data to introduce the readjustment system for the permit.

ARIMA Based Wind Speed Modeling for Wind Farm Reliability Analysis and Cost Estimation

  • Rajeevan, A.K.;Shouri, P.V;Nair, Usha
    • Journal of Electrical Engineering and Technology
    • /
    • v.11 no.4
    • /
    • pp.869-877
    • /
    • 2016
  • Necessity has compelled man to improve upon the art of tapping wind energy for power generation; an apt reliever of strain exerted on the non-renewable fossil fuel. The power generation in a Wind Farm (WF) depends on site and wind velocity which varies with time and season which in turn determine wind power modeling. It implies, the development of an accurate wind speed model to predict wind power fluctuations at a particular site is significant. In this paper, Box-Jenkins ARIMA (Auto Regressive Integrated Moving Average) time series model for wind speed is developed for a 99MW wind farm in the southern region of India. Because of the uncertainty in wind power developed, the economic viability and reliability of power generation is significant. Life Cycle Costing (LCC) method is used to determine the economic viability of WF generated power. Reliability models of WF are developed with the help of load curve of the utility grid and Capacity Outage Probability Table (COPT). ARIMA wind speed model is used for developing COPT. The values of annual reliability indices and variations of risk index of the WF with system peak load are calculated. Such reliability models of large WF can be used in generation system planning.

The Influences of the Globalization Factors on Consumption (소비에 대한 요인별 세계화의 영향 분석)

  • Yoon, Jai-Hyung
    • Asia-Pacific Journal of Business
    • /
    • v.10 no.4
    • /
    • pp.119-135
    • /
    • 2019
  • This study analyzes the effects of trade globalization and financial globalization on consumption classified by type(durable, quasi-durable, non-durable and service). On the other hand, trade globalization and financial globalization were decomposed into OECD common factor, regional factors, and the idiosyncratic country-specific factors by time-varying dynamic factor analysis. The characteristics of OECD common factor, regional factors, and the idiosyncratic country-specific factors of trade and financial globalization were analyzed. Furthermore, the influences of these factors on consumption by type were analyzed. The analysis shows that globalization has negative effects on consumption. In particular, we found out that the idiosyncratic country-specific factor of Korea in trade and financial globalization had a statistically significant negative effect on consumption. We can infer that the globalization affecting consumption can be attributed to the idiosyncratic country-specific factor, which is economic choice rather than uncontrollable global trend. Accordingly, to solve the sluggish consumption problem caused by globalization, it is necessary to require not only domestic consumption expansion policies but also the efforts to resolve economic polarization problems to be able to stimulate consumption.

Analysis of ASEAN's Stock Returns and/or Volatility Distribution under the Impact of the Chinese EPU: Evidence Based on Conditional Kernel Density Approach

  • Mohib Ur Rahman;Irfan Ullah;Aurang Zeb
    • East Asian Economic Review
    • /
    • v.27 no.1
    • /
    • pp.33-60
    • /
    • 2023
  • This paper analyzes the entire distribution of stock market returns/volatility in five emerging markets (ASEAN5) and figures out the conditional distribution of the CHI_EPU index. The aim is to examine the impact of CHI_EPU on the stock returns/volatility density of ASEAN5 markets. It also examined whether changes in CHI_EPU explain returns at higher or lower points (abnormal returns). This paper models the behaviour of stock returns from March 2011 to June 2018 using a non-parametric conditional density estimation approach. The results indicate that CHI_EPU diminishes stock returns and augments volatility in ASEAN5 markets, except for Malaysia, where it affects stock returns positively. The possible reason for this positive impact is that EPU is not the leading factor reducing Malaysian stock returns; but, other forces, such as dependency on other countries' stock markets and global factors, may have a positive impact on stock returns (Bachmann and Bayer, 2013). Thus, the risk of simultaneous investment in Chinese and ASEAN5 stock markets, except Malaysia, is high. Further, the degree of this influence intensifies at extreme high/low intervals (positive/negative tails). The findings of this study have significant implications for investors, policymakers, market agents, and analysts of ASEAN5.