• Title/Summary/Keyword: Economic of Scale

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SUBMILLIMETER SCALE VARIATION OF THE OXYGEN ISOTOPE COMPOSITION OF GOLD-BEARING QUARTZ VEIN AT THE HISHIKARI DEPOSIT, JAPAN

  • Hayashi, Ken-ichiro
    • Proceedings of the KSEEG Conference
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    • 2003.04a
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    • pp.20-23
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    • 2003
  • Low-sulfidation style ore deposits, the major source of Au, Ag, and Hg, are formed from neutral-pH, reduced hydrothermal solutions close to equilibrium with their host rocks. The waters are low-salinity (〈1 wt % NaCl equiv.) but relatively gas rich (1-2 wt % $CO_2$), and are largely meteoric water. However, the contribution of magmatic components to the epithermal system, its temporal importance, and its relation to the source of ore metals are largely controversial. (omitted)

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The Developing Economy and Urban Transportation

  • Li Junhao
    • Proceedings of the KOR-KST Conference
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    • 1998.09a
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    • pp.135-140
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    • 1998
  • Social and economic development needs the support of transportation and communications and in turn the development level of society and economy affects urban traffic demand and determines the investment scale of transportation facilities. In the paper based on the analysis of the evolution of urban transportation in Shanghai in the past ten years and the economic background of that period, the urban transportation in the future development of economy is generally prospected.

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Total Factor Productivity Growth and the Decomposition Components of Korean Port-Logistics Industry (항만물류산업의 총요소생산성과 그 분해요인분석)

  • Gang, Sang-Mok;Lee, Ju-Byeong
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.47-70
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    • 2008
  • The purpose of this study is to estimate total factor productivity(TFP) growth by stochastic frontier function and to grasp contributing factors of its growth rate by decomposing the total factor productivity into efficiency change, technical progress, scale change, and allocation change. Annual growth rate of total factor productivity for 1990-2003 is 0.019 (1.9%), higher than that of overall industry (0.010). The main component of TFP growth is not efficiency change but technical progress. Contributing factors of total factor productivity growth are change of allocation efficiency in port industry, technical progress in sea-transportation industry, and change of scale efficiency in transportation-equipment industry. The change of total factor productivity shows a decreasing trend since late in the 1990s. The annual technical efficiency of port-logistics industry is less than that of overall industry. Capital elasticity for output (0.391) is higher than labor elasticity (0.227), but scale economy of port-logistics industry is 0.618, which is far from optimal scale economy.

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Determination of a priority for leakage restoration considering the scale of damage in for water distribution systems (피해규모를 고려한 용수공급시스템 누수복구 우선순위 선정)

  • Kim, Ryul;Kwon, Hui Geun;Choi, Young Hwan
    • Journal of Korea Water Resources Association
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    • v.56 no.10
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    • pp.679-690
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    • 2023
  • Leakage is one of the representative abnormal conditions in Water distribution systems (WDSs). Leakage can potentially occur and cause immediate economic and hydraulic damage upon occurrence. Therefore, leakage detection is essential, but WDSs are located underground, it is difficult. Moreover, when multiple leakage occurs, it is required to prioritize restoration according to the scale and location of the leakage, applying for an optimal restoration framework can be advantageous in terms of system resilience. In this study, various leakage scenarios were generated based on the WDSs hydraulic model, and leakage detection was carried out containing location and scale using a Deep learning-based model. Finally, the leakage location and scale obtained from the detection results were used as a factor for the priority of leakage restoration, and the results of the priority of leakage restoration were derived. The priority of leakage restoration considered not only hydraulic factors but also socio-economic factors (e.g., leakage scale, important facilities).

Technological Changes of Sawmill Industry in the Republic of Korea (한국 제재산업의 기술변화 분석)

  • Lee, Yo-Han;Yun, Yeo-Chang;Min, Kyung Taek
    • Journal of Korean Society of Forest Science
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    • v.95 no.3
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    • pp.268-273
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    • 2006
  • This study analyzed the technological change of Korean sawmill industry affected by change of factor price. An aggregate cost function has been estimated to analyze the technological change in Korean sawmill industry between 1970 and 2003 to the technical bias and scale effect. There was substitution among labour, capital, and material, especially in more elastic relation between labour and capital. In addition, domestic sawmill industry was progressed into structure which is biased to labour saving, and capital and material using because of increase of labour price. Since Korean sawmill industry's technology still exhibits an increasing returns to the scale, the large amount of investment has contributed to productivity growth, and the future productivity growth continually depend on the scale effect for some time.

Cooperative Determination of Economic Order Quantity to Reduce a Supplier's Freight Cost (공급자의 운송비용을 절감하기 위한 경제적 발주량의 상효협동적 걸졍)

  • Kim, Kap-Hwan;Hwang, Hark
    • Journal of the Korean Operations Research and Management Science Society
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    • v.14 no.1
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    • pp.51-58
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    • 1989
  • A joint economic ordering problem between supplier and customer has been formulated where a supplier has to pay the freight cost which follows the principle of economy of scale. An algorithm is given to determine order size and price simultaneously which give gains to both parties. A scenario is presented within which both parties come to a mutual agreement on the revised order size and price by utilizing quantity discount schedule.

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The Impact of Technology Transfer on Economic Development in the 4.0 Era: Empirical Evidence from the Agriculture and Rural Sector in Vietnam

  • TRAN, Quang Bach;NGUYEN, Thi Yen
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.261-272
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    • 2022
  • Agriculture and the rural sector play a crucial part in Vietnam's socio-economic growth. The study's goal is to see how technology transfer from young intellectual research activities affects the economic evolution of Vietnam's agriculture and rural sector in the 4.0 technology era. The research has used a quantitative method through analysis of linear structural model SEM, with a survey scale including 480 samples that are managers in departments and branches in agriculture and rural sector in the provinces in Vietnam. Research results show that technology transfer from research activities of the young intellectual has a direct and positive impact on economic development in agriculture and rural sector. This level of impact will increase with the participation of the intermediary factors such as awareness of managers, trust, and mechanisms in the mobilization and use of resources. These results contribute to both theoretical and practical aspects when proving the impact of technology transfer from the research activity of the young intellectual to the economic development in the field of agriculture and rural sector in the 4.0 era and the mediating role of awareness of managers, trust and mechanisms in the mobilization and use of resources.

A Study on Rent burden and Family Economic Problem Perception - Focus on Seoul City's Rental Households - (서울시 임차가계의 임대료부담과 가계경제문제지각)

  • Lee, Kee-Choon;Bae, Soon-Young
    • Journal of Families and Better Life
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    • v.9 no.1 s.17
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    • pp.241-257
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    • 1991
  • The objectives of this study are : to measure the level of rent burden. to examine the independent influences of the variables related to rent burden. to measure the level of family economic problem perception. to examine the differences in the level of family economic problem perception due to rent burden, household characteristics, housing characteristics and rent incresing. For these purpose, a survey is conducted using questionaires. The data used in this study included 369 renters living in Seoul. Statistics uses for data analysis were Frequency Distribution. Percentile, men, Pearson's Correlation, Partial Correlation, One-way ANOVA, Breakdown and Multiple Regression Analysis. Major findings are as follows : The average score of rent burden was 35.87, Therefore rent burden of large cities, rental households is very heavy. Family income, housing facility quality, rent type, and rent incresing have independent influences on rent burden. The average of family economic problem perception is above the mid-point of the scale. The level of family economic problem perception differs due to rent burden, family income, family life cycle, family size, occupation of household head, education leval of household head and homemaker, rent type, housing type, housing size, housing facility quality and rent increases. If the level of rent burden is below 25, family economic problem perception is adequate.

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The Impact of Building Types on Fire Damage by Month

  • Yi, Kyoo-Jin
    • Journal of the Korea Institute of Building Construction
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    • v.19 no.6
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    • pp.567-575
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    • 2019
  • Statistics show that while the number of fires has decreased over the last decade, losses of human life and economic property due to fire have increased. Moreover, the number of large-scale fires that have occurred in recent years has resulted in heightened public anxiety. This study aims to identify a specific period of the year most vulnerable to fire, and fire trends, such as damage of fire to humans, to the economy, and different building types. For this purpose, we analyzed human and economic damages using statistics related to fire from 2007 to 2017 and provided a monthly distribution of fire damages both to humans and to the economy by building type. We also identified the relationship between the human damage and the economy damage, and compared the economic losses per casualty by building type. The human damage in residential buildings occupied the highest portion, whereas the economic damage of industrial buildings represented more than a half of all economic damage due to fire. The economic damage per casualty was shown highest for industrial buildings and has also increased rapidly in recent years.

Estimating Direct Costs of Enterprises by Personal Information Security Breaches (개인정보 유.노출 사고로 인한 기업의 손실비용 추정)

  • Yoo, Jin-Ho;Jie, Sang-Ho;Lim, Jong-In
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.19 no.4
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    • pp.63-75
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    • 2009
  • Recently personal information security breaches by unauthorised access, mistakenly disclosure or stolen become more frequent and the scale of the economic loss of such incidents is growing. Assessing economic loss of personal information security breaches is needed for decision making of information security investment This paper presents a framework to analyze economic impact of personal information security breaches and develops formula for each element to empirically calculate the economic loss. We also compared annual economic loss of Korea with that of Japan to develop some implications.