• Title/Summary/Keyword: Economic impact analysis

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An Analysis on the Relation between Residents' Perception of Tourism Impact, Environmental Attitude and Participation: focused on Keumkang Pine Tree Forest Trail (도보여행길에 대한 주민의 관광영향지각, 환경태도, 참여 관계 분석: 경상북도 울진군 금강소나무숲길을 중심으로)

  • Kim, Sunhee
    • Journal of the Korean Geographical Society
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    • v.50 no.3
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    • pp.339-354
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    • 2015
  • This study aims to analyze the relation between residents' perception of tourism impact, environmental attitude and participation in Keumkang Pine Tree Forest Trail. The analysis shows that, first, social, cultural and environmental(positive) perception of tourism impact is positive, while economic and environmental(negative) perception of tourism impact is assessed negatively. Second, environmental attitude is very friendly, while the tourism development based on facility are unfriendly. Third, residents' participation is positive, while satisfaction in economic benefits is lower ranked. Fourth, the correlation between items, in environmental attitude and economic, cultural perceptions had a higher level if it's friendly. participation is positive, economic and environmental(positive) perception had a higher level. Finally, for sustainable development must remain a current operating system. And amenities, accessibility, tourist courses and economic benefits, etc. that is should be improved.

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Analysis of economic and environmental value of dredged soil (준설토의 경제적·환경적 가치 분석)

  • Cho, Sung-Soo
    • Journal of Environmental Impact Assessment
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    • v.22 no.6
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    • pp.659-665
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    • 2013
  • Most of dredged soil generating millions of tons per year is treated as a waste disposing in ocean or landfill except some part of recycling. The purpose of this study is to present the prerequisite for the use of dredged soil as a resource and analyse economic and environmental values of the recycling of dredged soil. The analysis of the economic and environmental value of recycling of dredged soil as a resource showed that several trillion won of budget can be saved in construction of disposal area or landfill and that loss of about 50 million tons of aggregates from deforestation can be restored by supplyment of dredged soil preserving a mountain as big as the Namsan(Mt.) every year. In order to utilize dredged soil in more diverse areas as high value of resource, the related domestic laws are needed to be readjusted integrating laws spreaded in different government departments and a special law is prepared and enacted.

Analysis of Economical efficiency for renewable energy in Steam Power Plant (신재생에너지 적용에 따른 화력발전 경제성분석)

  • Choi, Kyoung-Sik
    • Journal of Environmental Impact Assessment
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    • v.23 no.1
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    • pp.11-17
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    • 2014
  • Since the Renewable Portfolio Standard (RPS) would be started in 2012, the use of renewable energy should be 11% of total energy use including bio-fuel in 2030. The economic efficiency for renewable energy in B power plant was considered with the bio-diesel, wind power and solar power. The Net Present Value (NPV) and Benefit/Cost Ratio(BC) were used for the economic efficiency with the cost and benefit analysis. In case of bio-diesel, the cost resulted from the fuel conversion and the benefit would be created with trade and environmental improvement. With regard to wind power and solar power, the construction cost would be required and benefit factors would be same as the bio-diesel. The wind power was the best of economic efficiency of renewable energy as the results of NPV and BC ratio. Whereas, the market of wind power was very popular and the techniques of wind power has been developing rapidly.

Development of the Agro-Industrial Complex for Improving the Economic Security of the State

  • Petrunenko, Iaroslav;Pohrishcuk, Borys;Abramova, Maryna;Vlasenko, Yurii;Halkin, Vasyl
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.191-197
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    • 2021
  • Ensuring the economic security of agro-industrial complexes of Ukrainian regions has become a top-priority task of state regional policy, as their stable functioning is an essential element of economic security of the whole country. It is overcoming threats to the development of the agro-industrial complex that ensures its further effective functioning and has a significant impact on the economic security of our state. Methods: logical method; methods of system analysis; synthesis; economic and statistical method; method of expert assessment; SWOT analysis; economic and mathematical modelling and planning. Results. Characteristic features of economic security have been given. The essence and significance of the agro-industrial complex in improving the economic security of the state have been determined. It has been noted that in recent years, the agro-industrial complex, which acts as a driver of the domestic economy and has a direct impact on the development of the country, has been growing (in 2019 the cereal and legume harvest exceeded 75 million tons, 20,269 thousand tons of potatoes were dug, more than 15 million tons of sunflower, 9,688 thousand tons of vegetables and 2,119 thousand tons of fruits and berries were harvested, meat and egg production increased by 137.5 thousand tons (or 5.8%) and 545.5 million pieces (or 3.4%), respectively, the number of employed population in agriculture increased by 139.8 thousand people (or 4.9%), the labour productivity in crop production increased by UAH 294.4 thousand (or 44.6%), in livestock production - by UAH 311.3 thousand (or 61.8%)). Based on the system of production and economic indicators, the analysis of the state of the agro-industrial complex has been carried out. Taking into account the results of the obtained data and using SWOT-analysis, the major threats to the development of the agro-industrial complex have been identified. Ways of overcoming threats enhancing the economic security of Ukraine have been proposed.

Impact of Tourism Development on the Regional Economy : Adopting the Tourist Money Flow Analysis (관광개발의 지역경제 파급효과: $\mathbb{\ulcorner}$관광지출흐름분석$\mathbb{\lrcorner}$ 방법론의 모색)

  • 주성재
    • Journal of the Economic Geographical Society of Korea
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    • v.1 no.1
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    • pp.113-135
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    • 1998
  • There have been several research methodologies to measure the impacts of tourism development on the regional economy, which include input-output analysis, income multiplier analysis, labor creation effect analysis, etc. Most of these are based on regional economic indices using secondary data for medium to large regional units. This study tests the possibility of adopting tourist money now analysis, which encompasses a series of money flows beginning with tourists'payment for room, board and shopping, followed by tourist companies'expenditure for material and service purchase, wage, utilities, rent, tax and so forth, and by tourism workers'expenses for living and savings. This method makes it possible to reveal the amount and geographical extent of tourist money flow and draws some meaningful regional economic figures. Case studies of three torist developing areas show that it is utilized for impact studies for small scale areas.

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Research Methodology for the Economic Impact Assessment of Natural Disasters and Its Applicability for the Baekdu Mountain Volcanic Disaster (자연재해의 경제적 영향평가 연구방법론과 백두산화산재해에의 적용 가능성)

  • Jiang, Zhuhua;Yu, Soon-Young;Yoon, Seong-Min
    • Economic and Environmental Geology
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    • v.47 no.2
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    • pp.133-146
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    • 2014
  • There are many studies for the economic impact assessment of natural disasters, but there are few for volcanic disasters. Domestic academic research is not under active discussion because of the lack of national and social interest for volcanic eruption. This study investigated the research methodology for the economic impact assessment of natural disasters and discussed whether these can be applied to the economic impact analysis for the Baekdu Mountain volcanic disaster. The main findings are as follows: Firstly, Asia-Pacific region is the most affected by natural disasters and has the largest scale of damage. Asian and American Continent have the most economic damage. Secondly, Considering the types of damage caused by natural disasters and its complex structure, several methodologies that could be possible to estimate economic consequential damages have been compared. When applying each methodology to the Baekdu Mountain volcanic disaster, the scale of damage is likely to be over-estimated or under-estimated because of model-specific features. Thus, estimated values should be compared to each other after calculating the damage results. Thirdly, Japanese academic research on the volcanic disaster will be used as the starting point of the economic impact assessment studies for Baekdu Mountain. Using computer SW such as Hazus which is used in United States and RiskScape from New Zealand is also a good method to predict economic impact of the Baekdu Mountain volcanic disaster.

Domestic Government Debt and Economic Growth in Indonesia: An empirical analysis

  • Bukit, Alexander Romarino;Anggraeni, Lukytawati
    • The Journal of Economics, Marketing and Management
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    • v.5 no.1
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    • pp.27-37
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    • 2017
  • Domestic government debt securities is one of the steps which is taken by the government of Indonesia as a major source of financial budget, covering for the budget deficit, debt payments and interest debt. The purposes of this research are to know the development of budget deficits, government debt and impact of domestic government debt securities against economic growth in Indonesia. Method of analysis used Ordinary Least Squares (OLS) analyzing the impact of the domestic debt against economic growth in Indonesia. This research uses time series data from 1997 to 2014. Total government debt and domestic government debt securities in Indonesia increased during the last five years. The average of domestic government securities was above 50 percent of the total government debt. Estimated results showed domestic government debt securities has a positive and significant effect to economic growth. Official development assistance (ODA) has a negative effect to economic growth. Other variables such as the gross fixed capital formation and receipt of remittance have positive and significant effect, total imports and government expenditure have negative and significant effect against economic growth.

Impact of Modern Information and Communication Technologies on Economic Security in the Context of COVID-19

  • Kotlyarevskyy, Yaroslav;Petrukha, Sergii;Mandzinovska, Khrystyna;Brynzei, Bohdan;Rozumovych, Natalia
    • International Journal of Computer Science & Network Security
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    • v.22 no.1
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    • pp.199-205
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    • 2022
  • The main purpose of the study is to analyze the main aspects of the impact of information and communication technologies on the economic security system in the context of a pandemic situation. The new realities of the modern turbulent world require a new approach to the issues of ensuring economic security, in which information and communication technologies and information security are beginning to play an increasingly important role. As a result of a detailed analysis of the further functioning of all components of economic security in the context of the existence of the consequences of the COVID-19 pandemic.

Technological Achievements and Economic Development: The Significance of Technological Achievement Gap in Selected East and South Asian Countries

  • Ali, Tariq Mahmood
    • STI Policy Review
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    • v.8 no.1
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    • pp.113-156
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    • 2017
  • Although technological progress is considered a key element for economic growth and development of a country, strong empirical evidence in this regard is not available yet. Therefore, to establish the empirical link between technology progress and economic development, it is advisable to carry out a time series analysis. In this regard, the Technology Achievement Index (TAI) of 100 top economies has been developed to examine the position of countries' technological progress for the 21 years spanning 1995 to 2015. Countries have been ranked on their TAI which is based on four pillars; technology creation, diffusion of older innovations, diffusion of recent innovations, and development of human skills. As well, this current study re-calculates the Humane Development Index (HDI) of 100 top economies for the 21 years from 1995 to 2015. Ranking of countries' HDI values reflects three dimensions: A long lifespan (life expectancy index), knowledge (Education Index) and a decent standard of living (Gross National Income Index, or GNI). The Standard Deviation (SD) technique has been used to investigate the technological gap between individual countries and groups of countries or regions. For a more meaningful assessment, technological gaps from the maximum achievement value (i.e., one of the countries under study) are presented as well. To investigate the impact of technological progress on economic development, this study introduces a model in which the HDI is used as the dependent variable and the TAI and Gross Capital Formation (GCF) are used as independent variables. The HDI, TAI and GCF are used in this model as proxy variables for economic development, technological progress and capital respectively. Econometric techniques have been used to show the impact of technological progress on economic development. The results show that long-term associations exist between technology progress and economic development; the impact of technology progress on economic development is 13.2% while the impact is 4.3% higher in eight selected East South Asian countries, at 13.5%, than in eight selected highly developed countries (9.2%).

Economic and Non-economic Determinants of Environmental Sustainability in the Long Run: Evidence from G20 Economies

  • Yin, Zihui;Choi, Chang Hwan;Ko, Jung O
    • Journal of Korea Trade
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    • v.26 no.1
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    • pp.1-19
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    • 2022
  • Purpose - This paper analyzes the economic and non-economic factors that contribute to environmental sustainability by reducing CO2 emissions, based on G20 panel data. Design/methodology - We conduct a comparative analysis of advanced and developing economies during 1995-2016. To examine the impact, an environmental Kuznets curve (EKC) model was employed, incorporating additional explanatory variables such as internet use, renewable energy, and services trade. Findings - The empirical findings show the existence of an inverted U-shaped EKC phenomenon between GDP per capita and CO2 emissions in G20 economies, with the turning point at a per capita GDP level of US$ 38,340. Moreover, an inverted U-shape relation exists between internet use and CO2 emissions, with the turning point at a 44% internet use rate. The comparative analysis show that the inverted U-shape curve only exits in advanced economies, with turning points of US$ 42,356 per capita GDP and 27% internet use rate, respectively. Renewable energy and services trade have a greater negative impact on CO2 emissions in advanced economies than in developing economies. Originality/value - Renewable energy and services trade have a greater negative impact on CO2 emissions in advanced economies than in developing economies. Overall, the results suggest the role of internet use, renewable energy and services trade in sustainable development in G20 countries.