• Title/Summary/Keyword: Economic importance

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A new method for safety classification of structures, systems and components by reflecting nuclear reactor operating history into importance measures

  • Cheng, Jie;Liu, Jie;Chen, Shanqi;Li, Yazhou;Wang, Jin;Wang, Fang
    • Nuclear Engineering and Technology
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    • v.54 no.4
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    • pp.1336-1342
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    • 2022
  • Risk-informed safety classification of structures, systems and components (SSCs) is very important for ensuring the safety and economic efficiency of nuclear power plants (NPPs). However, previous methods for safety classification of SSCs do not take the plant operating modes or the operational process of SSCs into consideration, thus cannot concentrate on the safety and economic efficiency accurately. In this contribution, a new method for safety classification of SSCs based on the categorization of plant operating modes is proposed, which considers the NPPs operating history to improve the economic efficiencies while maintaining the safety. According to the time duration of plant configurations in plant operating modes, average importances of SSCs are accessed for an NPP considering the operational process, and then safety classification of SSCs is performed for plant operating modes. The correctness and effectiveness of the proposed method is demonstrated by application in an NPP's safety classification of SSCs.

Comparative Analysis on The Features of Busan New Port and Gwangyang Port, and their development Strategies (부산 '신항'과 광양항의 특성 비교분석 및 발전전략)

  • Kim, Jeong-Su;Sin, Gye-Seon
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.1-31
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    • 2005
  • Major companies in USA, Europe and Japan as well as even China and Russia put more overseas investment in Asian regions than before, while northeast Asian regional trade gets more attractive and important under the influence of China's super-speed economic growth. Possibly, it is expected that such ever-increasing gravity of regional trade will help spotlight the importance of local trade route considerably. In particular, northeast Asian region's economic briskness and step-up in international economic partnerships will expectedly contribute to much boosting up the quantity of goods transported via local coasting route. Thus, it is advisable that both Busan New port specialize in dealing with freights via East Sea rim, while Gwangyang port specialize in dealing with freights via Yellow Sea rim. Furthermore, it is required that both ports share some of their own roles as hub port and hub & spoke port respectively, so that both of them can be devoted to stepping up into northeast Asian hub ports.

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Economic FX Rate Exposure Management and Invoicing Currency Determination (경제적(經濟的) 환율노출관리(換率露出管理)와 송장통화결정(送狀通貨決定))

  • Moon, Chang-Kuen;Yim, Chun-Ho
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.107-125
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    • 2007
  • With the rapidly increasing of Korean enterprises, the importance of foreign exchange(FX) risk management for the future operation generated from FDI contract is becoming the critical problem of international business. This type of FX risk, called as "economic exposure risk", requires us of the unique risk management principles and techniques. In this paper, we identify the properties of economic exchange rate exposure, analyze the identification and measurement processes of risk sources and strength, and perform the estimation of the main determinants and its profile effects of the invoicing currency for the efficient management of economic FX exposure.

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Developing Relationship between Tax Structure, Pension Funds and Economic Growth in OECD Nations

  • Singh, Tarika;Mehta, Seema;Tomar, Yogesh;Srivastava, Brajesh
    • East Asian Journal of Business Economics (EAJBE)
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    • v.1 no.2
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    • pp.22-29
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    • 2013
  • Purpose: The present study combines both tax structures and pension funds as the factors of economic importance and explores the impact of both (pension funds and tax rates) on the economic growth in context of OECD nations. Research Design, Data and Methodology: Last forty years data on these variables is taken for study purpose. A Sample size of thirty four nations which form the part of OECD nations was taken for study purpose. Results: Regression analysis (linear) was used to find out relationship between tax structure, Pension funds and economic growth. Conclusion: The results are important for nations increasing their expenditure for social contribution.

Economic Evaluation of Rape Cultivation using a Survey for Participants on a Pilot Project (유채재배에 대한 경제성 분석 -유채시범사업 대상지의 농가 설문자료를 이용하여-)

  • Choi, Eun-Ho;Lee, Seoung-Jung;Cho, Yong-Sung
    • Korean Journal of Organic Agriculture
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    • v.19 no.3
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    • pp.329-341
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    • 2011
  • This study empirically analyzes the economic validity of rape farmers. The analysis of economic evaluation is based on the benefit-cost analysis. Previous studies have undoubtedly expanded our understanding of the importance of substitution effects on a rapeseed for bio-fuels. However, earlier studies have mostly dealt with the concept of biodiesel's economics analysis, but this paper's attentions have been paid to the economic analysis of farm. The aim of this paper is suggesting the most appropriate policy brings about why farmhouses should cultivate the rape. To answer this question, this paper adopts a scenario analysis and the B/C ratio is used.

The Economic Effects of Tariff Reduction Based on Economic Structures (경제구조 변화에 따른 관세 감축의 파급효과 분석)

  • Hee-Yong, Lee;Sang-Ho, Lee;Ik-Su, Kim
    • Korea Trade Review
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    • v.47 no.4
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    • pp.125-135
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    • 2022
  • This study is to analyze the economic effects of tariff reduction using computable general equilibrium(CGE) model. We set up the social accounting matrix for five-base equilibrium year. Our main findings are as follows. First, the impact of tariff reduction on GDP was different from time to time. It meas that the differentiated economics structure was affected by tariff reduction. As our economic grew up, the impact of tariff reduction was measured much higher. Second, until 1995 the impact of tariff reduction on total export and import was increased, then while 1995 the increase was dropped. This is because we reduced the tariff by the WTO negotiations. Third, the tariff reduction affected the price of imported goods, so it contributed to substitute effects between domestic and imported goods. According to these results, we found out the importance of the linkage between the tariff reduction and economic structure.

Revisiting the Nexus of Trade Openness and Economic Growth: A Focus on the Moderating Role of Port Infrastructure

  • Lee, Jae-Ho;Pak, Myong-Sop
    • Journal of Korea Trade
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    • v.26 no.2
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    • pp.1-20
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    • 2022
  • Purpose - Multiple stakeholders-including politicians, investors, and the wider public-have questioned the value of investing in port infrastructure improvements and the contributions they can make to economic performance. Design/methodology - This paper presents an empirical study of 56 countries with seaports from the year 2006 to 2019 to determine how the quality of port infrastructure affects its contribution in terms of trade openness and economic growth. To this end, this study applies hierarchical multiple regression analysis with panel data to empirically examine the economic impact of port infrastructure quality on the relationship between trade openness and economic growth. After the 56 selected countries were categorized as developed or developing, a multi-group panel data analysis was conducted. Findings - The results of this study show that trade openness has a significant positive effect on the national economy. The findings also indicate that, although developing countries should expect greater economic growth after investing in port infrastructure, this relationship weakens as developing countries become richer. Originality/value - The findings of this study not only elucidate the relationship between trade openness and national economic growth, but they also emphasize the importance of trade openness and port infrastructure in national economic growth, particularly among developing countries.

Russia's Eurasian strategy and Korea-Russia Cooperation - With reference to the economic cooperation of the inter-local governments - (러시아의 유라시아 전략과 한·러 협력 - 지방자치단체 간 경제협력을 중심으로 -)

  • Park, Sangnam
    • Analyses & Alternatives
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    • v.3 no.1
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    • pp.5-28
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    • 2019
  • This study suggests that Korea - Russia economic cooperation, which has been sluggish in the meantime, should be revitalized as a small, medium sized business that can be practiced at the local level of both countries. Some large scales of national projects were difficult to realize due to some internal and external factors. Therefore, if Russia's Far East region of the complementary economic structure with the Korea's Gyeonggi Province of Korea could form the basis of cooperation by centering on SMEs, it further can be positive for promoting cooperation among South Korea, North Korea and Russia. The trilateral cooperation among two Koreas and Russia is necessary for the balance of political and economic powers in the East Asia. China's retaliation case regarding THAAD (Terminal High Altitude Area Defense) clearly showed that the greater the economic dependence on a particular country, the more threatening it could be. Therefore, it is important for the political and economic security to keep the balance by diversifying economic cooperation counterparts. As China's influence in the global economy grows, building value chains for mutual prosperity with various neighboring countries is gaining great importance. To this end, this paper examined Russia's Eurasian Strategy, New East Policy, and Far East Development Policy which were designed to seek the way to establish Russia's independent economic zone not absorbed by Europe and China.

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Exhibition and Convention Destination Site Evaluation Using Importance-Performance Analysis (중요도-성취도 분석에 의한 전시컨벤션 개최지 평가)

  • Kim, Si-Joong;Park, Chang-Kyu
    • Journal of the Economic Geographical Society of Korea
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    • v.9 no.3
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    • pp.358-378
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    • 2006
  • This study aims to examine seven factors and forty-two selection attributes of Seoul as an Exhibition and Convention Destination Site through the Importance-Performance Analysis(IPA) from the Exhibition and Convention Planner. The result of this study shows these three conclusions. First, according to the result of the Importance-Performance Analysis(IPA) of the forty-two selection attributes of an Exhibition and Convention Destination Site, thirteen attributes were placed on the right top area(Keep Up the Good Work), four attributes were placed on the right bottom area(Possible Overkill), five attributes were located on the left top area(Concentrate Here), and the other twenty attributes were located on the left bottom area(Low Priority). Second, the Importance-Performance Analysis(IPA) of seven factors in an Exhibition and Convention Destination Site reveals that the factors in the right top area(Keep Up the Good Work) of high importance and high performance were "Exhibition and Convention Center Facilities", "Exhibition and Convention Fee", and "Exhibition and Convention Center Accommodation Capacity". And the one factor located on the left top area(Concentrate Here) of high importance and low performance was "Exhibition and Convention Destination Regional Space", while the other factors of "Exhibition and Convention Center Management", "Exhibition and Convention Destination Tourism Space" and "Exhibition and Convention Destination Leisure Activity Space" were placed on the left bottom area(Low Priority) of low importance and low performance. Third, the difference of the mean value of the Importance and Performance on Seoul as an Exhibition and Convention Destination Site has been revealed that the performance of the attributes was lower than the importance of the attributes because forty attributes have described all plus(+) except two attributes.

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The Effects of Emotional Intelligence of Adolescents on Their Aggressiveness and Interpersonal Relationships (청소년의 정서지능이 공격성과 대인관계에 미치는 영향)

  • Lee, Jae-Moon;Jo, Yeong-Gu;Lee, Eun-Mo
    • The Journal of Korean Society for School & Community Health Education
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    • v.15 no.2
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    • pp.77-89
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    • 2014
  • Objectives: This study examined the effects of middle school students emotional intelligence on their aggressiveness and interpersonal relationships. Methods: Data were collected by questionnaires from 316 middle school students in Daegu city. To analyze the sample survey data, descriptive statistics, t-test, ANOVA, pearson correlation coefficient and simple regression analysis were performed with SPSS/PC 18.0 program. Results: First, among the general characteristic differences, academic achievement and economic status yielded a significant difference in emotional intelligence. Gender, economic status, and educational background produced a significant difference in aggressiveness, while gender, academic achievement, and economic status showed a significant difference in interpersonal relationships. Second, an examination of the correlation among emotional intelligence, aggressiveness, and interpersonal relationships found that the higher the emotional intelligence, the lower the aggressive, and the higher the interpersonal relationships. Third, general characters and emotional intelligence explain 22% of agressiveness. Gender, age, economic status, and emotional intelligence have a significant influence on agressiveness. Fourth, the general characters and emontional intelligence explain 45,5% of interpersonal relationships. The economic status and emotional intelligence have a significant influence on the interpersonal relationship. Conclusion: Based on the results, the study is of great importance, in that it provides the basis for future studies, which can be used to help school teachers and students' parents understand the importance of adolescents emotional intelligence and promote the students' quality school life.

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