• 제목/요약/키워드: Economic assessment

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Economic Assessment of Manganese Nodules Mining (심해저 망간단괴 사업의 경제성 평가)

  • Hwang, Seog-Won;Hwang, Jung-Tae
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • v.13 no.3
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    • pp.260-270
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    • 2008
  • The economics of manganese nodules mining was assessed based on 36 scenarios which reflect recent changes of the metal market. Those scenarios included optimistic/neutral/pessimistic prospect for the cost, 2 production scales(1.5 MT and 3 MT) and 6 assumptional paths of future metal prices. A large part of scenarios, in which optimistic or neutral prospect for the cost and metal prices were assumed, showed good economic feasibility of the project. For example, 37.12% of Internal Rate of Return(IRR) was obtained in the scenario of 3 MT production, neutral cost prospect and present metal price maintained in the future.

A Methodological Study on Ecological Economic Evaluation of a Multipurpose Dam Construction Using Emergy Concept (에머지(Emergy) 개념을 이용한 다목적댐 건설의 생태경제학적인 평가방법에 관한 연구)

  • Kang, Dee Seok;Park, Seok Soon
    • Journal of Environmental Impact Assessment
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    • v.8 no.2
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    • pp.45-51
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    • 1999
  • Emergy concept was used to evaluate the contributions of a dam construction to the real wealth of our economy. A dam that is proposed as a multi-purpose dam was used to illustrate emergy evaluation methodology. Models for emergy evaluation were constructed with energy systems language, a symbolic modeling language which presents network properties of systems holistically. Water supply was the most important contribution in terms of emergy, which reflects that the dam is proposed for stable water supply to a local region. Generation of electricity was the second in emergy benefits of the dam. Emergy costs were more evenly distributed among the costs which would occur as a result of the dam construction. Emergy yield ratio was 1.30 if sediments are not included, and 1.15 if sediments are included, which results in net yield in both cases. The ratio would, however, fall below 1.0 if rare species within the system boundary are lost as a result of the dam construction because of the high emergy value included in biotic species, which means that emergy costs will be greater than emergy benefits. This study illustrated a new methodology in environmental impact assessment to better manage our environments in an age of diminishing resources.

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The Classification and Management Plan of City for Sustainable Development (도시의 지속가능한 발전을 위한 유형분류 및 관리방안)

  • Lee, Woo-Sung;Jung, Sung-Gwan;Park, Kyung-Hun;You, Ju-Han;Kim, Kyung-Tae
    • Journal of Environmental Impact Assessment
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    • v.17 no.6
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    • pp.335-348
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    • 2008
  • The purpose of this study is to classify the cities on sustainability assessment score studied in advance using cluster analysis, to present efficient management and policy direction based on analysis of sustainability index in 45 cities of all over Gyeongsangnam and Gyeongsangbuk-do. According to the results of cluster analysis, 45 cities were classed into 4 clusters by "livable-welfare city", "environmental -ecological city", "scientific-technological city", and "industrial-economic city". The livable-welfare cities must keep superior environmental sustainability, promote small and medium sized business on regional characteristic. The environmental-ecological cities have to change agriculture into future environmental industry such as ecotourism, bio-industry and landscape agriculture. The scientific-technological cities are going to need support of government scale such as income enlargement of citizen and stable job security. Finally, the industrial-economic cities must increase environmental management plants and improve quality of life through securing green spaces, maintaining public peace and applying UIS because of low quality of environment and life.

Development a multidimensional assessment scale for work-family spillover in working couples with children (유자녀 맞벌이 부부의 다차원적 일-가족 전이 척도 개발)

  • Jang, Yoon-Ok;Jeong, Seo-Leen
    • Journal of Family Resource Management and Policy Review
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    • v.17 no.3
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    • pp.59-79
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    • 2013
  • The purpose of this study was to develop and validate a scale for the multidimensional assessment of work-family spillover in working couples with children. The subjects of this study were working wives and husbands with children in Daegu. Two surveys were administered, eliciting 243 respondents and 227 respondents, respectively. Then a series of tests were run to analyze the data, including item-to-total correlation, Cramer's V coefficients, item discrimination, Cronbach's ${\alpha}$, and exploratory and confirmatory factor analysis. The results yielded that, first, a preliminary 102 items were developed on the basis of the literature review, and this was narrowed down to 72 items selected with the help of experts. Through preliminary, primary and secondary survey analysis, the scale for the multidimensional assessment of work-family spillover was developed and validated, with a 36 items scale, 18 items for work to family spillover and 18 items for family to work spillover. Furthermore, the scale constructed three spillover processes - time interference, energy depletion, and psychological distraction - and consisted of four different domains of family life into which spillover occurs - namely marital relationship, parent-child relationship, leisure, and housework. The internal reliability was evaluated to show a confidence range of .85 ~.92 for each factor.

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Life Cycle Costing through Operating Number Control of Air Conditioning Systems in Office Buildings (사무소 건축물의 공조시스템 대수제어 여부에 따른 LCC 분석)

  • Park, Ryul;Jung, Soon-Sung
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.14 no.11
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    • pp.981-988
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    • 2002
  • Generally, the term "energy saving is economical" is appropriate for the national view point and for design and assessment of one system, but not appropriate when choosing the system by comparing alternative systems in the early design step. Sometimes, non-energy saving system is more economical than energy saving system because of the price of electricity, gas or oil, which are used for operating the air conditioning system. Therefore, when designing the system, we should consider the efficient alternatives through economic assessment of energy saving method. However, research on non-operating number control of the system is not sufficient because it is more common to use operating number control of the system for most economic assessment of air conditioning system. For this reason, this research can provide the economics through operating number control as basic design data. The data obtained through assesment of Life Cycle Cost based on amount of yearly energy use, were produced by system simulation of HASP/ACLD/8501 and HASP/ACSS/8502 for six alternative heating/cooling systems based on constant air volume conditioning system, which is widely used for medium and large office buildings in Busan.

Decision Making of Seismic Performance Management Using Seismic Risk Assessment (지진위험도평가 방법을 이용한 내진성능관리 의사결정)

  • Kim, Dong Joo;Choi, Ji Hye;Kim, Byeong Hwa
    • Journal of the Earthquake Engineering Society of Korea
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    • v.23 no.6
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    • pp.329-339
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    • 2019
  • The strategy for the management of earthquakes is shifting from post recovery to prevention; therefore, seismic performance management requires quantitative predictions of damage and the establishment of strategies for initial responses to earthquakes. Currently, seismic performance evaluation for seismic management in Korea consists of two stages: preliminary evaluation and detailed evaluation. Also, the priority of seismic performance management is determined in accordance with the preliminary evaluation. As a deterministic method, preliminary evaluation quantifies the physical condition and socio-economic importance of a facility by various predetermined indices, and the priority is decided by the relative value of the indices; however, with the deterministic method it is difficult to consider any uncertainty related to the return-year, epicenter, and propagation of seismic energy. Also this method cannot support tasks such as quantitative socio-economic damage and the provision of data for initial responses to earthquakes. Moreover, indirect damage is often greater than direct damage; therefore, a method to quantify damage is needed to enhance accuracy. In this paper, a Seismic Risk Assessment is used to quantify the cost of damage of road facilities in Pohang city and to support decision making.

Resiliency Assessment of Sarasota Bay Watershed, Florida

  • Lee, Hye-Kyung
    • Journal of KIBIM
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    • v.9 no.1
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    • pp.32-41
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    • 2019
  • As population in Sarasota and Manatee Counties, Florida in the United States is projected to increase, land use changes from land development happen continuously. The more land development means the more impervious surfaces and stormwater runoff to Sarasota Bay, which causes critical impact on the resiliency of the ecosystem. In order to decrease its impact on water quality and the ecosystem function of Sarasota Bay, it is important to assess the resilient status of communities that create negative impacts on the ecosystem. Three types of guiding principles of resiliency for Sarasota Bay watershed are suggested. To assess resiliency status, three indexes - vulnerability index, socio-economic index, and ecological index are developed and analyzed by using geographic information system for each census tract in the two counties. Since each indicator for vulnerability index, socio-economic index, and ecological index is measured with different metrics, statistical standardizing method - distance from the best and worst performers is used for this study to directly compare and combine them all to show total resilience score for each census tract. Also, the ten most and the ten least scores for the total resilience index scores are spatially distributed for better understanding which census tracts are most or least resilient. As Sarasota Watershed boundary is also overlaid, it is easy to understand how each census tract attains its resilience and how each census tract impacts to Sarasota Bay ecosystem. Based on results of the resiliency assessment several recommendations, guidelines, or policies for attaining or enhancing resiliency are suggested.

Development of Indicators for Assessment of Technology Integrated Business Models in Climate Change Responses (기후기술 융·복합 사업모델 평가를 위한 지표 개발)

  • Oh, Sang Jin;Sung, Min-Gyu;Kim, Hyung-Ju
    • Journal of Climate Change Research
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    • v.9 no.4
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    • pp.435-443
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    • 2018
  • Climate technology applied to address climate change requires a comprehensive review such as environmental and social acceptability in addition to economic feasibility. Not only mitigation and adaptation technologies, but also integration of climate technologies into a business model with other relevant technologies including ICT, finance, and policy instruments could enhance technical, economic, and environmental performances to respond to climate changes. However, many climate projects (and business models) are currently not designed to consider adequately complex climate?related issues. In addition, there is a lack of research on assessment systems that can comprehensively evaluate business feasibility of such models. In this study, we developed a system consisting of nine major indicators in four fields to assess climate technology-based business models. Each indicator was weighed using the analytic hierarchy process (AHP) for systematic assessment of business models. The process can be utilized as a tool to guide improvement of climate technology business models.

Critical Review of health care economic evaluation methodology : With a special reference to study design and cost estimation (보건의료 경제성 평가 방법론 고찰 -연구 설계와 비용 추정을 중심으로-)

  • ;Brouwer WBF
    • Health Policy and Management
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    • v.14 no.2
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    • pp.58-77
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    • 2004
  • Cost containment has become high political issues since financial crisis of the Korean Health Insurance fund in 2000. Korean Government has developed and implemented several measures to reduce the pharmaceutical expenditures. Pharmaceutical economic evaluation can be a tool in decision to allocate scare resource efficiently. In order to increase the quality of economic evaluation for pharmaceuticals, the Korean Health Insurance Review Agency(HIRA) is considering the development of a guideline for economic evaluation. It mandates that pharmaceutical companies could submit the result of an economic evaluation when demanding reimbursement of new pharmaceutical drugs. The purpose of this study is to provide a critical review of the economic evaluations of health care technologies published in the Korean context whether they have been performed according to current guidelines and therefore whether their results are directly useful for decision making. We found there exist important problems and deviation from, good practice' both in the general features of the studies, like the study design and perspective, and in terms of cost measurement and valuation. There are needs to develop clear guidelines and to educate and train researchers in performing economic evaluations.

A Study of the Economic Evaluation for the Agricultural Infrastructure Projects (농업기반정비사업 편익산정을 위한 지표 개선방안)

  • Kim, Young-Joo;Choi, Byeong-Han;Jo, Rae-Cheong;Choi, Young-Wan;Kim, Yun-Shik
    • Journal of Korean Society of Rural Planning
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    • v.20 no.2
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    • pp.139-150
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    • 2014
  • The purposes of this research are to review the current economic measures to be used to assess the economic effects of agricultural infrastructure projects, to find some effects not included into the current measures, and to suggest new additional economic measures. So thus, economic assessment for agricultural infrastructure projects has been criticized to be overestimated. For example, some research reported that the projects enhanced rice productivity by 20% or 30%. We suggest four new measures to evaluate economic effects of agricultural infrastructure projects: (1) enhancement in productivity, (2) switchover from low-income crops to high-income crops, (3) rises in land price, and (4) lower fluctuation in production.