• Title/Summary/Keyword: Economic incomes

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Economic Feasibility Analysis of Applepear(Ping Guo Li) Farm Development in Yanbian Area in China ('사과배' 원 조성사업의 경제적 타당성분석 - 중국 연변지역을 중심으로 -)

  • Zhao, Lan-Hua;Lim, Jae-Hwan
    • Korean Journal of Agricultural Science
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    • v.29 no.1
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    • pp.55-65
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    • 2002
  • The most representative fruit in Yanbian area is Applepear(Ping Guo Li). It has been a important resource of farm income. According to the economic growth and income Increase of individual consumers, food consumption pattern will be changed from grain to high value cash crops such as Applepear and vegetables. The globalization and adapt ion of free market oriented economic policy of China government have led to change the collective farming system to individual farm management system. The institutional transformation have brought about high productivity of farm products and incomes of farmers. Therefore the plantation area of Applepear and requirement of investment cost for establishment of Applepear farms have increased rapidly since the 1980's, the time of perestroika and glasnost in Chinese economy. In prosperity of Chinese agriculture, individual farmer's decision making as free selection of farmland use, selection of high pay-off crops, free sale of the products in free market and credit support for the project might be the most important factors. In case of Applepear farm development, net present value of the project net benefit was estimated at 55.518won per hectare and financial rate of return was 21%. The benefit/cost ratio of the project was 2.11. Considering 10% of discounting rate or the opportunity cost of capital in China the Applepear farm development project showed us economically feasible in the light of the above efficiency indices. The Chinese government has to support Applepear farm development project financially and institutionally considering the high-payoff benefit of the fruit and farmer's in come increase in the future.

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The Role of Weather and Climate Information as a Growth Engine for Passing the Gross Domestic Product per Head of $20,000 (국민소득 2만달러 달성의 성장엔진으로서 기상정보의 역할)

  • Kim, Yeong-Sin;Lee, Ki-Bong;Kim, Hoe-Cheol
    • Atmosphere
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    • v.15 no.1
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    • pp.27-34
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    • 2005
  • High quality meteorological information is the typical product of service business industry which can offer the investment initiative by reducing the uncertainty and by activating other related industries. It requires a high level of meteorological technology and of ability to transform such technology as merchandising products. According to the analysis of the WMO data, the level of Korean meteorological technology is comparable to that of the nation with $17,500, GDP per head. However, the income of the meteorological business agent earns in Korea is 8 billion 4 hundred million won which is less than a tenth of that made by the US or Japan. The potential for such business field in Korea will be strong enough, if one can overcome such weak points. In addition, the efforts made by the government to advance the meteorological technology have been actualized gradually. Korean government will have a chance that is comparable to offering jobs for 20,000 unemployed by creating incomes of 40 billion won by meteorological technology as a sustained economic growth engine. It is proposed that government stimulate demand and supply by focusing on sales quantity than the price. The key points for creating the new demand are marketing and outsourcing of weather and climate information by maintaining the cooperative relationship between private and public sector.

A Case Study on the ODA for Creating Shared Value (CSV) in Agricultural Sector Based on the Value Chain Analysis - Project for Establishment of Seed-Potato Production System in Vietnam - (가치사슬분석법에 기초한 농업분야 공유가치창출(CSV) ODA 사례분석 - 베트남 씨감자 생산체계 구축사업 -)

  • Ji, Seong-Tae
    • Journal of Agricultural Extension & Community Development
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    • v.25 no.1
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    • pp.31-44
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    • 2018
  • This is a case study on "the Project for Production Facility and Technical Support of Processed Seed-Potato (2008-2010)" based on the Value Chain Analysis (VCA) used to create and plan International development cooperation projects. The project is the earliest model of Creating Shared Value (CSV) in the agricultural sector. For the case analysis, a framework was established to assess the effectiveness and impact of the CSV project based on the main factors of the VCA. As a result of the assessment, project participation by OSI was able to increase the overall utility by developing the Vietnamese potato processing industry and meeting consumer demand. Furthermore, it formed a business model to promote win-win cooperation and upgraded the value chain of the potato industry. In addition, it contributed to the improvement of incomes and the quality of life of farmers and communities by providing technical guidance and purchase of contracts, as well as labor division and cooperation with other activity supporters.

An Analysis of Social Effect and Environmental Effect of Eco-Friendly Free School Food in Seoul (서울시 친환경무상급식의 사회적·환경적 효과 분석)

  • Kim, Yoon-Doo;Lim, Hae-Jin;Chae, Sue-Ho;Kim, Hyo-Mi;Lim, Sung-Soo
    • Korean Journal of Organic Agriculture
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    • v.26 no.3
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    • pp.351-367
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    • 2018
  • This study aimed to analyze socioeconomic effect of eco-friendly free school food supply system by Seoul, which has been consistently extended since 2011. To do so, effect of eco-friendly free school food supply system on the beneficiaries, Seoul citizens, was analyzed by using 'labor & income panel', while that on rural society was analyzed by using the surveys on the eco-friendly agricultural product supply performance by the 'Eco-friendly Agricultural Products Retail Center' as well as for students, school parents, nutrition teachers and nutritionists. The results of analysis showed that eco-friendly school food supply system contributes to income redistribution among the Seoul citizens to a certain extent, provides the eco-friendly agricultural product producers in the rural society with the stable market, and positively influences them to secure stable incomes. In addition, eco-friendly free school food reduced the amount of carbon emissions through the use of environmentally friendly agricultural products resulting in environmental improvements and economic benefits. Considering such effects, free school food supply using the eco-friendly agricultural products needs to be consistently maintained in the future without politic change by political ideology and to be extended to middle school level in medium and short-term.

A Reform of Two to One Dwelling Unit for Three Generation Family Living of Small Houses (3대 동거가족을 위한 소형 아파트 2호1주택 리폼 연구)

  • Shon Seung Kwang
    • Journal of the Korean housing association
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    • v.16 no.2
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    • pp.83-90
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    • 2005
  • A goal of this research is to propose the remodeling possibility from deteriorated stock apartment housing, to three generation family living in a dwelling unit for low incomes. An apartment housing which was built from 1970s, is accumulated over $55\%$ of the stock housing in Korea, many of them are confront with a rebuilding in a short usage of twenty years below. They are small one, and many of the residence complain narrow and small space compare to economic growth and their needs. This article deals the reform of two to one dwelling units, that it can be use for three generation family living as a new residence, because its spatial character is more controled privacy condition as a four bay spatial organization in the dwelling. The reform simulated in a 10, 13, 14, 15, and 16 pyung, the remodeling size became from 20 to 30 pyung, and its reform can be apply to extend life cycle of a stock confront with redevelopment. The possibility of the reform houses have more intensive privacy in a house compare with same area of new apartment. It tells us that we can recycle the deteriorate apartment house into three generation family living use, and it will be clue to change slum clearance into reform and recycle of deteriorate apartment house.

A Study on the Evaluation of the Average Yields of Rice Under Rainfed and Partially Irrigated Paddy. (천수답 및 수리불안전답에서외 평균수확량 추정에 관한 고찰 -수문학적 방법-)

  • Mr. I. Naor
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.17 no.4
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    • pp.4001-4008
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    • 1975
  • The economic evaluation of the feasibility of expanding fully irrgated agriculture in the Ogseo project must consider preproject yields of rice under rainfed and partially irrigated paddy cultivation in order to assess incremental incomes from irrigation. Statistical data on yields available from official sources and field surveys conducted in the project area do not specify whether given unit yields refer to actually cropped or potentially cropped lands. This latter factor obviously affects any evaluation of marginal benefits to be derived from irrigation as the extent of rainfed areas actually cropped varies from year to year according to rain fall at the critical growth periods for low land rice. Although less dependent on direct rainfall, yields from partially irrigated lands are also highly affected by seasonal rainfalls. In this paper on attempt has been made to determine average yield under rainfed and partially irrigated conditions by relating yields to a available water. For rainfed paddy cultivation, the analysis discriminates between effects of rain deficiencies during transplanting and subsquent growth periods. For partially irrigated paddy cultivation, seasonal rainfalls have been considered, implying sufficient storage capacity for supplementary irrigation. The average yield of rainfed paddy has been calculated as 2.11 t/ha and that of partially irrigated paddy as 2.8 t/ha. Assuming even division between these two water supply patterns of areas not fully irrigated, a composite yield of 2.46 t/ha is oftained. This figure will be adopted as the basis for the on-going studies and project evaluation.

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An Efficient Unemployment Benefit System with Income-Contingent Loans (소득연계식 대출(ICL)을 활용한 효율적 실업보호제도의 모색)

  • Yun, Jungyoll
    • Journal of Labour Economics
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    • v.37 no.1
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    • pp.29-57
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    • 2014
  • Using unemployment insurance and income-contingent loan (ICL) that conditions repayment by debtors upon their incomes this paper characterizes an efficient income support system for the unemployed, which maximizes their lifetime utilities by effectively enhancing inter-state and inter-temporal consumption-smoothing subject to incentive constraints on the part of the beneficiaries. This paper also emphasizes the generality of the argument for a mix of ICL and subsidy that may be applied potentially to many types of government welfare program.

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Toward Optimal System of Financial Support for Higher Education (대학교육 지원체계의 합리화 방향 - 소득연계식 학자금융자제도를 중심으로 -)

  • Yun, Jungyoll
    • Journal of Labour Economics
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    • v.37 no.4
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    • pp.89-112
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    • 2014
  • This paper characterizes an optimal combination of grant and income-contingent loans (ICL) from efficiency and equity points of view as a government subsidy program for higher-education. In particular, we show that it is always desirable to introduce ICL for students regardless of their household incomes, and also provide arguments for the superiority of tax-financing system to loans with risk-premium as a financing mechanism of ICL. From policy point of view, this paper suggests a need for the extended coverage of our ICL system, while justifying its current tax-financing system.

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Awareness of Local Foods among the Visitors of Local Foods Restaurants and Development of Local Menu (향토음식점 방문객의 향토음식 인식과 향토메뉴 개발)

  • Min, Kye-Hong
    • Culinary science and hospitality research
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    • v.14 no.4
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    • pp.67-78
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    • 2008
  • This study is focused on developing traditional folk products by utilizing the representative crops and indigenous products of Wanju area on the basis of surveys on the visitors to the native local restaurants. The study examined 110 visitors of thirty native local foods restaurants in Wanju area from December 5, 2007 to January 5, 2008. The result of this study is as follows. First, the restaurant visitors presented different opinions about the competitiveness of Wanju foods and gender-wise differences in their food competitiveness, food information and food choice. This can be translated as men and women had different preferences in how much they spend for eating out and choosing foods. Second, their different age, incomes and jobs also indicated their different preferences. Third, they point out broth, cooked rice, and dessert as the native local menu that must be developed in Wanju area. Among the local menu to be developed were Wanju style mushroom rice, chicken stew, oriental herb duck soup and fruit dessert. The effort to exploit the native local menu of Wanju should contribute to activating the sales of restaurants and further to the economic development of the region.

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Diversification and Performance of Sri Lankan Banks

  • PISEDTASALASAI, Anirut;EDIRISURIYA, Piyadasa
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.1-10
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    • 2020
  • The purpose of this study is to investigate the relationship between diversification and the performance of commercial banks, while taking into account the ownership status of these banks in Sri Lanka. Two-way relationship between diversification and performance was scrutinised by employing the 2SLS regression technique. The data consists of 17 registered commercial bank in Sri Lanka between 2001-2016. The results show a strong significant bidirectional relationship exists between diversification and bank performance. The performance of Sri Lankan banks has been significantly improved by their diversification attempts. In other words, the banks whose incomes are more diversified from various sources, they are more profitable and successful in long-term. On the other hands, the results also reveal that bank performance positively and significantly affects diversification. This finding suggests that the banks with great profitability are more capable in diversify their operations. Furthermore, private sector banks, both listed and unlisted, are significantly more diversified than their government-owned counterparts, but their performance is not necessarily superior to government-owned banks. This may be the result of the economic environment and the perception of the public, which have allowed the government-owned banks to entertain significant market power over the private sector banks in the country.