• Title/Summary/Keyword: Economic estimate

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Economic Value Analysis of Supercomputing Service for Small and Medium-sized Businesses (중소기업 슈퍼컴퓨팅 서비스의 경제적 가치 분석)

  • Kim, Jae-Sung;Lee, Sang-Min;Kim, Myung-Il;Jang, Jin-Gyu
    • IE interfaces
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    • v.23 no.4
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    • pp.319-326
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    • 2010
  • The SMB supercomputing service provides a supercomputing infrastructure for Small and Medium-sized Business (SMB) to enhance the efficiency of product development activity. In this study, the economic value of SMB supercomputing service is presented. The economic value of service is comprised of a direct and an indirect economic value. A direct economic value was estimated based on the result of user survey on service effectiveness. The input-output analysis method was adopted to estimate an indirect economic value induced from a direct economic value. The future economic value based on the result of user demand survey is also presented. As a result, the annual and future economic value of service were estimated about 55,215 million won and 323,928 million won, respectively.

Financial Accessibility and Economic Growth

  • Boldbaatar, Myagmarsuren;Lee, Choong Lyol
    • East Asian Economic Review
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    • v.19 no.2
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    • pp.143-166
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    • 2015
  • This paper investigates the empirical evidence on the relationship between financial accessibility and economic growth to test the conventional hypothesis that improved financial accessibility leads to financial development and economic growth. First, we built a dynamic panel model on the relationship between financial accessibility and economic growth with a set of controlled variables. We then used several financial access indicators from 165 countries, collected from 2004 to 2011, applying the generalized method of moments (GMM) estimators to estimate their relationship. From these estimations, we found that high financial accessibility leads to high income in general. In addition, we found that an increase in financial access indicators had a greater impact on economic growth in low-income countries than it did on economic growth in high-income countries.

Evaluation Mechanism of DSM Potentials (수요관리 프로그램의 잠재량 평가방안)

  • Jin, B.M.;Rhee, C.H.;Kim, C.S.
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.421-423
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    • 2001
  • Restructuring of electricity industry is going on for the purpose of introducing competition and after separation of generation and retail business and introduction of competition, substantial change is expected in overall electric power system. In other words, DSM projects are divided with public projects and private projects. Particularly for public project, it is essential to evaluate the DSM volumes by program. This paper tries to derive the ways for achieving the necessary DSM goal in the electricity industry in Korea. First of all, by analyzing the load in Korea, we forecast the standard demand and estimate the technological potentials of each program in considering DSM technological indicators. Moreover, by using economic analysis by program, we estimate economic potentials and finally, we estimate the potentials by program in considering the DSM policy. We estimate the potentials by using random method because application methodology and procedures by program are not established until now, which leads to not obtaining transparency for implementation effect by program. Therefore, this paper estimates the future potentials of DSM projects by using the logical and systematic analytic method and establishing database for DSM basic indicator. The DSM goals estimated by this method will be reflected to mid/long term nation-wide resource planning, which will mitigate anticipated power supply shortage and be applied to derive desirable energy demand/supply structure.

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Economic Valuation of the Municipal Water: Residential and Non-residential Uses (전국 생활용수의 경제적 가치 평가: 가정용수 대 비가정용수)

  • Ku, Se-Ju;Yoo, Seung-Hoon
    • Journal of Korea Water Resources Association
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    • v.43 no.11
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    • pp.957-965
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    • 2010
  • The municipal water is directly related to the people's quality of life. To examine and implement reasonable water policies including management of the water demand and economically sound investment decisions, it is essential to estimate the conceptually correct and empirically valid economic value of water. This study attempts to estimate the consumer surplus and economic value of municipal water which is supplied to 16 cities in Korea using demand curve approach. The results indicate that the consumer surplus and economic value of municipal water in 2009 are estimated as KRW 1,180.7 per $m^3$ and KRW 1,812.8 per $m^3$, respectively. The economic values of municipal water in 16 cities range from KRW 1,082.7 per $m^3$ to KRW 3,268.6 per $m^3$. Moreover, the economic value of non-residential water is higher than that of residential water in all cities, and the economic value of water is higher than the present price of water. This study is expected to provide policy-makers with useful information to assess a policy and to evaluate the price of water.

Study on Contribution Rate of Essential Factor Market of Insurance Development to Economic Growth: Demonstration Analysis based on Chongqing in China

  • Shen, Haicheng
    • Asian Journal of Business Environment
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    • v.2 no.2
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    • pp.27-33
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    • 2012
  • Purpose - The article studies aims to construct the center of economy in the upriver area of Chang Jiang, and has realistic significance probing into the contribution of insurance essential factor market to economic development on the contribution role of essential factor market of insurance in financial industry development to economic growth in Chongqing in both aspects of direct and indirect contribution by the way of demonstration analysis. Research data and methodology - The data are from Statistic Yearbook in Chongqing in 1997-2008.The conclusion shows that essential factor market of insurance development falls behind of economic growth in direct aspect; BBD, BLD and FIR could pull economic growth, but ID just restrain economic growth in Chongqing. Results -The estimate coefficient sigh of BDD, BLD, FIR are plus but ID is not, it is to say the increase of bank deposit dump could impel economic growth, which is accord with general thought. Conclusions - At last, the article Having Studied on the contribution role of essential factor market of insurance in financial industry development to economic growth in Chongqing by the way of demonstration analysis.

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Economic Analysis for Standardization R&D of Urban Rail System (도시철도 표준화 연구개발사업의 경제성 분석)

  • Chung, Choong-Sik
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.1694-1714
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    • 2007
  • This study is to estimate economic benefits of Standardization R&D of Urban Rail System. Benefit was to be realized through standardization of main areas such as train vehicle, railway, power system, and signal system. To derive and calculate the quantitative benefit, the sources of economic impact was divided into three dimensions -operational cost savings, import substitution, and safety effects. Economic effect of the standardization was categorized based on a modified BSC model. Economic benefits from time and labor savings are converted into cost savings. Import substitution and investment multiplier effect have a positive impact in addition to cost savings. The estimation of the standardization R&D of Urban Rail System was conservatively estimated 370 billion Won. Cost effectiveness of standardized safety system was conservatively translated into economic benefit in this analysis. This study provides a practical guide to economic evaluation of the various railway R&D projects.

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Economic Analysis on Effects of Cyber Information Security in Korea: Focused on Estimation of National Loss (사이버정보보호의 경제적 효과분석: 국가적 피해액 산정을 중심으로)

  • Shin, Jin
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.23 no.1
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    • pp.89-96
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    • 2013
  • Recent DDoS attacks and private informations leaked show that everyday life is interwoven with cyberspace and we are becoming more vulnerable to cyber attacks. Therefore, a systematic understanding of cyber damage structure is very important and damage loss estimation method should be developed to establish solid cyber security protection system. In this study, economic loss caused by cyber attacks are surveyed based on the analysis of existing studies and try to develop a reasonable methods to estimate economic effects of cyber security protection in Korea. Potential economic loss of Korea by cyber attacks may be situated between 10 billion and 40 billion dollars. But more sophisticated system should be established to estimate economic effects of cyber protection for proper policy decision making.

A Study on the Estimation Analysis Methodology of the Optimum Economic Life-Span of Buildings (건축물의 최적 경제수명 추정분석 방법론에 관한 연구)

  • Choi, Jun-Young
    • Journal of the Korean Society of Industry Convergence
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    • v.6 no.3
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    • pp.223-230
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    • 2003
  • Generally, the life-span of a multi-housing complex is over 50 years, but in reality they are usually demolished after 20 years in spite of its remaining life expectancy. Thus, this research focuses on the estimation of the optimum economic life-span of a multi-housing complex. To estimate the minimum total cost point of start to finish of a multi-housing complex, we'll apply MAPI(Machinery and Allied Product Institute) and LCC(Life Cycle Cost) theory.

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A Procedure for Economic Evaluation of Computerization of Office Works in Business (기업의 업무 전산화에 대한 경제성 평가 방법)

  • Park, Chun-Yeop
    • Asia pacific journal of information systems
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    • v.3 no.2
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    • pp.74-92
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    • 1993
  • The purpose of this paper is to propose a procedure for economic evaluation of computerization of the office works in business. In particular, this paper is concerned with how to estimate elemental costs and benefits attributable to the computerization of the office work. This paper includes also how to integrate the elemental costs and benefits so that measures for economic evaluation may be obtained.

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