• Title/Summary/Keyword: Economic assessment

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A Study on the Application of GIS for Analysis of Subsidence Hazard (지반침하 피해도 분석을 위한 GIS 활용에 관한 연구)

  • 권광수;유명환;박형동
    • Economic and Environmental Geology
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    • v.33 no.6
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    • pp.557-563
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    • 2000
  • Subsidence hazard has never been considered seriously until recent yews in Korea, although its socioeconomic impact on Korea becomes more and more enormous. There have been a few studies for the application of GIS analysis technique to the prediction of subsidence hazard. For GIS analysis, several factors, which are represented by coverage, are considered and selected for building a GIS model. Numerical method was used to quantify the importance of each factor in GIS model and the result from numerical modeling using FLAC was compared with that from previous research based on empirical methods. Analysis in 3-D needs more computer resources (i.e. memory). Therefore that in 2.5-D was considered to overcome the problem. Not only maximum vertical subsidence but also maximum horizontal strain and maximum slope have been considered for the assessment of subsidence hazard. The model can be easily modified for the purpose of applications in any subsidence area, especially cavern or abandoned mines under thick soil layer.

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A Continuous Sequential Decision Process Model for R&D Economic Feasibility Assessment of the GDHS in Chejoo Island and Its Application (제주도 GDHS의 R&D투자 타당성 분석을 위한 연속적 SDP모형의 개발 및 응용사례연구)

  • Yang, Moon-Hee;Chang, Kyung
    • Journal of Korean Institute of Industrial Engineers
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    • v.24 no.1
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    • pp.115-126
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    • 1998
  • A GDHS(Geothermal District Heating System) is a heating system supplying a group of districts with heat extracted from geothermal sources. Due to various advantages of GDHS including the saving of fuel consumption as well as the reduction of air pollution, a world-wide trend is to replace central/individual heating systems with GDH systems. The basic point of this paper is that a crash program mentality leads to inappropriate decisions about policy issues in large-scale research and development like the development of GDHS, R&D funding should be viewed as a sequential decision, not a once-and-for-all choice. Hence we develop on economic feasibility assessment model based on a continuous sequential decision process for the Chejoo Island GDHS Project by modifying Roberts's model.

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Environmental Impacts of Port and Industrial Development Along the Thi Vai River

  • Tran, Ha Phuong;Nguyen, Tho;Nguyen, Thanh Hung
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.435-443
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    • 2009
  • Ba Ria - Vung Tau province in Southern Vietnam is one of the fastest economic growing areas in the country, characterized by the rapid port and industrial development along the Thi Vai river. The socio-economic situation of the area has generally been improved; however, its part of the local inhabitants has not gained benefits from the changes. 35 surface water samples and 25 sediment samples were analysed with the interpretation of the SPOT images for 1995 and 2005. The data showed that rapid port and industrial development have resulted in significant losses of mangroves and agriculture land. The surface water was seriously polluted, particularly in terms of organic materials and suspended solids. It contained high and increasing oil concentrations. The river sediment was saline and slightly alkaline. It was heavily reduced, organic-rich, and contaminated with oil and heavy metals (Cu, Pb, and Cr).

A Study on Methodology of Framework for Development of Environmental Statistics (환경통계 작성체계의 방법론적 연구)

  • Kang, Sang-Mok
    • Journal of Environmental Impact Assessment
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    • v.6 no.1
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    • pp.135-149
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    • 1997
  • Environmental issues are currently in the forefront of the political and economic area both globaly and nationally. In the all spheres of socio-economic development and policy, it is suggested that there are need, to measure environmental impacts and to produce and disseminate environmental statistics systematically for environmentally sound and sustainable development. Specially, because environmental statistics encompass a wide spectrum of sectors from the natural to the social sciences and are dispersed among various agencies, an organized approach and compilation methods in complicated fields such as environment are required. This article includes the methodology on the framework for development of environmental statistics to advance korean environmental statistics.

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Economic Feasibility Assessment of a Deep Sea Water District Cooling System (건물냉방시스템에 해양심층수 적용의 경제성 분석)

  • Kim, Sam-Uel;Cho, Sooi
    • Journal of the Korean Solar Energy Society
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    • v.29 no.2
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    • pp.14-21
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    • 2009
  • Recently, alternative energy resources have emerged considerably due to the high oil prices and environment problems. Deep sea water that is one of the natural energy sources can be one of the attractive solutions to reduce the environment problems, and there are already a few examples in some developed countries. In this study, cooling system of deep sea water using heat exchangers of two hotels, located in near Haeundae Bay in Busan, have been analyzed on the quantity of electricity and gas use comparison between existing cooling system and deep seawater cooling system by using E-Quest simulation program. The results of the study showed that the Hotel A approximately saves 370 millions won per year, and the Hotel B saves 248 millions won per year. It means that the cooling system by using deep sea water has great worth to reduce the ratio of fuel sources.

Performance Prediction and Economic Assessment of Atmospheric Pressure MCFC/Gas Turbine Hybrid System with Indirect Turbine Firing (터빈 간접가열식 상압형 MCFC/가스터빈 복합시스템의 성능예측과 경제성 평가)

  • Choi, Joo Hwan;Kim, Tong Seop;Kwak, Bu Ho
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.38 no.1
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    • pp.31-39
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    • 2014
  • The performance of fuel cell/gas turbine hybrid systems is highly affected by system configuration. In this study, the performance of a hybrid system combining a molten carbonate fuel cell (MCFC) and an indirectly fired gas turbine was predicted. Firstly, general performance trends of the hybrid system depending on major design parameters were examined. Then, the most feasible design options with the least impact on the MCFC stack design conditions were drawn. The economic advantage of the hybrid system over the basic MCFC only system was evaluated.

The Human Capital as a Factor of Competitiveness and Economic Development

  • Chulanova, Zaure K.
    • Asian Journal of Business Environment
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    • v.7 no.3
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    • pp.23-31
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    • 2017
  • Purpose - The purpose of this paper is to rationale the new approach to analysis of the human capital as a factor of effective development of a national economy and increase the level of country's competitiveness. Research design, data, and methodology - This research aims the furthest development of the conception in human capital formation. The study made on the base of the methods with scientific classification and systematization, that is, comparative, statistical analysis, economic-mathematic method, and expert assessment and ratings. Results - This research attempted to measure the correlation between the human capital elements and the level of country's competitiveness. The study revealed that formation of the competitive human capital cannot be considered in separation from the development and modernization of education system, the improvement of employment sphere, and the creation of effective interaction between them through the system of professional skills. Conclusions - The competitive human capital formation is one of the most important goals in the innovative economy construction and modern development, and it is also indispensable subject. Especially in the condition of economic crises, the necessity of formation and development of the effective human capital is considerably increasing. Realization of this task requires the development and stimulation of all the factors influencing the growing human potential.

An Assessment of the Residential Electric Energy Consumption Induced by Global Warming (지구온난화에 의한 가정용 전력에너지의 소비평가)

  • Lim, Han-Cheol;Byun, Young-Hwa;Kwon, Won-Tae;Jhun, Jong-Ghap
    • Atmosphere
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    • v.18 no.1
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    • pp.33-41
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    • 2008
  • This study provides an impact assesment of climate change on energy consumption, based on active-deal scenario. This approach assumes that the amount of electric energy consumption depends on human spontaneous acts against local (REC) has ben developed by using monthly mean temperature and monthly amount of electric energy consumption in the 6 major cities over the 19-205 period. The statistical model is utilized to estimate the past and future REEC, and to assess the economic benefits and damage in energy consumption sector. For an estimation of the future REEC, climate change scenario, which is generated by National Institute of Meteorological Research, is utilized in this study. According to the model, it is estimated that over the standard period (1999~2005), there might be economic benefits of about 31 bilion Won/year in Seoul due to increasing temperature than in the 1980s. The REC is also predicted to be gradually reduced across the Korean peninsula since the 2020s. These results suggest that Korea will gain economic benefits in the REC sector during the 21st century as temperature increases under global warming scenarios.

A Study on the Sustainability Assessment of Ports using TBL (Triple Bottom Line) (TBL을 활용한 항만의 지속가능성 평가에 관한 연구)

  • Park, Ho;Lee, Joo-ho;Jang, Hyun-mi
    • Journal of Korea Port Economic Association
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    • v.32 no.4
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    • pp.211-220
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    • 2016
  • In accordance with the environmental changes that surrounds the port, there seems to be a trend of increasing interest in a sustainable development and operation of port. Considering that sustainability assessment utilizing Triple Bottome Line(TBL) has been conducted actively in various fields of research, it is essential to evaluate port sustainability including not only economic aspect but also social as well as environmental ones. In this regard, this study aims to measure the relative importance of port sustainability index using AHP. Moreover, sustainability of Korean four major ports has been tested by adopting the newly developed index in this study. From the results, it can be concluded that in addition to securing high value cargoes, increasing efficiency of port operation and infrastructure together with capital investment are essential. Growth harmonized with surrounding area of port and environment-friendly port operation should not be disregarded.

Economic Effects of the Management Model far Environment Pollution in Gwangyang Bay (광양만 환경오염 관리모델 연구의 경제적 파급효과 분석)

  • Nam Kwanghyun;Kwon Sukjae;Oh Weeyeong
    • Journal of Korea Technology Innovation Society
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    • v.7 no.3
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    • pp.657-679
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    • 2004
  • The purpose of this paper is to measure economic impact of marine environment conservation research development project. Benefit-Cost(B/C) analysis and Contingent Valuation Methods(CVM) are used to valuate the benefits from the research development projects. A period of three years for research development fund is considered as a part of the costs and adjusted to the net present value (NPV) of the 2002 ending period. The environmental charges for marine environment improvement are considered for the benefit measurement. The benefits are estimated by using monthly average willingness to pay, which is 2,289 Korean won. The contribution of the developing a management model for environmental pollution in the Gwangyang Bay is evaluated utilizing survey data and information. Based on the assessment by expert groups, the contribution of the model was 37.5%. The research results showed that B/C ratio is 20.61, NPV is 89,200 million Korean won, and social rate of return is 185.7%. When the level of contribution is over 1.83% at the assessment of potential influence, it is recognized to be economically feasible. This research presents a quantitative framework for Research and Development projects for marine environment conservation, and it can be applied to decision making for the investment size of R&D projects.

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