• Title/Summary/Keyword: Economic regulation

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A Data Envelopment Analysis Model for Evaluation of Efficiency of Deep-Sea Fishing Industry (원양어업의 효율성 평가를 위한 자료포락 분석 모형)

  • Kim, Jae-Hee;Choi, Kang-Deuk;Kim, Soo-Kwan
    • The Journal of Fisheries Business Administration
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    • v.39 no.3
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    • pp.49-65
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    • 2008
  • In Korea, deep-sea fishing industry is faced with pressure of being thrown out of business, because of the upcoming unfavorable business conditions such as the fishing regulation of coastal countries, Korea-US Free Trade Agreement(KORUS FTA), and the other socio-economic changes. Hence, we present an evaluation of future business competitive for the deep-sea fishing industry so that the government can develop a concession plan for the deep-sea fishing industry by utilizing the results of this study. In efficiency analysis of deep-sea fishing industry, the decision maker may have two problems: (1) how to deal with multiple inputs and outputs of deep-sea fishing industry and (2) how to assign the weights on different inputs and outputs, In this paper, we proposed to use Data Envelopment Analysis (DEA) to estimate efficiency of deep-sea fishing industry with multiple inputs and outputs. In the DEA, The direct impact of KORUS FTA, fishing regulation of coastal countries, fishing charges, and competitive fishing conditions were used as input parameters while the profitability and secured fishing quarters, as outputs. The results of DEA-BCC model indicate that 6 out of 12 DUMs have better efficiency under variable return to scale assumption.

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Current Status of Internal Dosimetry Methods and Radiological Regulations in Korea, Ukraine and European Community

  • Lee, Tae-Young;Lee, Jong-Il;Berkovski, Vladimir
    • Journal of Radiation Protection and Research
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    • v.28 no.1
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    • pp.65-73
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    • 2003
  • The paper discusses results of recent international intercomparison exercises on internal dose assessments, status of up to date internal dosimetry methods and the radiological legislation developed and implemented in Korea, European Union and Ukraine. The system of radiation protection in Korea is based on the Korean Atomic Energy Regulatory Enforcement on Safety Standards (Ministry Notice No. 2001-2). The notice is based on the recommendations in ICRP Publication 60 (1990) and IAEA Basic Safety Standards (1996). But the full implementation of the notice by the end of the year 2002 is not required because of the socio-economic situation and inexperience in internal radiation dosimetry Regulatory framework for internal radiation dosimetry is under development toward the full implementation of the notice from January 1, 2003. The system of radiation protection in Ukraine is based on the National radiation protection regulatory code NRBU-97. The code was developed and adopted in 1998 and replaced the Regulations of Former Soviet Union. The document is based on the ICRP Publication 60, Euratom Directive 96/29 and IAEA Basic Safety Standards (1996). The transitional period of 5 years (effected till January 2003) is established for implementation of all requirements of this new regulation. The system of radiation protection in the European Community is based on the Council Directive 96/29/Euratom, adopted in 1996 and enforced from 13 May 2000. Directive 96/29/Euratom has the status of the European law.

Rollover Analysis of a Bus using Beam Element and Nonlinear Spring Characteristics (보 요소와 비선형 스프링 특성을 이용한 버스 전복 해석)

  • Park, Su-Jin;Yoo, Wan-Suk;Kwon, Yuen-Ju;Kim, Jin-Bae
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.1
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    • pp.56-63
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    • 2007
  • In case of bus rollover, the body structure of the bus should be designed to ensure the survival space for passengers. So, this study focuses on evaluating rollover strength through a computer simulation using the commercial code, LS-DYNA3D at the initial stage of vehicle development. For this study, section structure was modeled using a simple beam element, and impact boundary conditions required by ECE(Economic Commission for Europe) regulation No.66 were applied. In order to confirm the validity of the beam element bus model, the results compared with the test results and shell element bus model. The analysis errors from beam element bus model are due to the difference in strain energy of joint area between beam and shell model. In this study, a method for the joint modeling was suggested by using nonlinear springs to which the collapse mechanisms were applied.

A Study on the Ship Recycling in Northeast Asia for Sustainable Future (동북아 역내의 지속가능한 선박해체에 관한 연구)

  • Sung-Kuk Kim;Jin-Uk Lee
    • Korea Trade Review
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    • v.46 no.2
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    • pp.121-140
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    • 2021
  • The ship recycling or scrap is a phenomenon in the process of vessels life cycle has ended in the shipping industry. Scrap are greatly affected by freight rates due to ship demands. Not only that, environmental regulation and economic scale vessel demand are processes that must exist in the shipping industry as they obtain management for existing vessels. In the past, shipbreaking yard had tried to work without protection for poverty, without poor working conditions and facilities to prevent the emission of harmful substances. However, the issue of environmental pollution has been raised the Basel and Hong Kong Convention have been adopted, and a new replacement of the ship scrap that induces serious pollution is required. In this study, 165 countries were analyzed to confirm the importance of determining the ship solution. As a result of the analysis, it was found that the Environmental Performance Index, which is a measure of environmental regulation, is the most influential factor of ship scrapped volume. The determinant of whether lower labor cost can be secured is more correlated with population than GDP per capita. The implications of the results of the regression analysis mean that if environmental regulations for ship scrap of the future are strengthened, the status of Bangladesh and Pakistan, which currently account for half of the world's ship recycling, may change.

A Study on Impact and Countermeasures of Marine Fuels in the FuelEU Maritime Regulation (FuelEU Maritime 규제 적용에 따른 해양 연료의 영향분석 및 대응방안 연구)

  • Jin-Hyung Kim;Jae-Hyuk Choi
    • Journal of the Society of Naval Architects of Korea
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    • v.61 no.2
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    • pp.88-97
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    • 2024
  • This study performed the analysis on an economic feasibility of each marine fuel, potential fuel pathways and the relevance of compliance measures to ensure compliance with the FuelEU Maritime regulation. Additionally, it identified certain regulatory gaps to encourage the use of alternative marine fuels. Regarding GHG emissions calculations, the existing GHG regulations for ships applies the Tank-to-Wake (TtW) method, whereas FuelEU Maritime applies the Well-to-Wake (WtW) method. The main results present that important information to establish response strategy for FuelEU Maritime including the costs and benefits of each marine fuel, the minimum blending ratio of alternative fules, and compliance impacts of measures. For the regulatory costs and benefits of marine fuels following the implementation of the FuelEU Maritime from 2025, our findings indicate that while most fossil fuels incur regulatory costs from 2025, most of biofuels and RFNBO fuels do not incur costs until 2050. This will play a role to narrow the price gap between fossil fuels and alternative fuels.

A Study on the Improvement and Application Plans of Korean Nuclear Safety Regulations for their Application on Nuclear powered ships (원자력 선박 적용을 위한 국내 원자력 안전규제 개선 및 적용방안에 관한 고찰)

  • Jaehyun Kim;Junseop Jang;Seungmin Kwon;Sinhyeong Kim
    • Journal of Radiation Industry
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    • v.18 no.2
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    • pp.109-115
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    • 2024
  • As a global effort for eco-friendly, the ship building is making great efforts to develop ships using low-carbon, eco-friendly alternative fuels. Nuclear energy, one of several eco-friendly alternative energy sources, is evaluated as an effective alternative for future ships by minimizing carbon emissions and securing economic feasibility with low power generation cost. However, although appropriate regulatory requirements are necessary for commercialization of nuclear powered ships, there are currently no regulatory requirements for nuclear powered ships in Korea. In this study, accordingly, domestic and international regulatory requirements related to nuclear powered ships were reviewed, matters to be considered in terms of safety when developing domestic marine nuclear reactor regulatory requirements were derived, and a licensing regulatory system for nuclear powered ships was derived.This study is expected to be used as basic reference data when developing regulatory requirements for nuclear powered ships.

The Competition Policy and Major Industrial Policy-Making in the 1980's (1980년대 주요산업정책(主要産業政策) 결정(決定)과 경쟁정책(競爭政策): 역할(役割)과 한계(限界))

  • Choi, Jong-won
    • KDI Journal of Economic Policy
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    • v.13 no.2
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    • pp.97-127
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    • 1991
  • This paper investigates the roles and the limitations of the Korean antitrust agencies-the Office of Fair Trade (OFT) and the Fair Trade Commission (FTC) during the making of the major industrial policies of the 1980's. The Korean antitrust agencies played only a minimal role in three major industrial policy-making issues in the 1980's- the enactment of the Industrial Development Act (IDA), the Industrial Rationalization Measures according to the IDA, and the Industrial Readjustment Measures on Consolidation of Large Insolvent Enterprises based on the revised Tax Exemption and Reduction Control Act. As causes for this performance bias in the Korean antitrust system, this paper considers five factors according to the current literature on implementation failure: ambiguous and insufficient statutory provisions of the Monopoly Regulation and Fair Trade Act (MRFTA); lack of resources; biased attitudes and motivations of the staff of the OFT and the FTC; bureaucratic incapability; and widespread misunderstanding about the roles and functions of the antitrust system in Korea. Among these five factors, bureaucratic incompetence and lack of understanding in various policy implementation environments about the roles and functions of the antitrust system have been regarded as the most important ones. Most staff members did not have enough educational training during their school years to engage in antitrust and fair trade policy-making. Furthermore, the high rate of staff turnover due to a mandatory personnel transfer system has prohibited the accumulation of knowledge and skills required for pursuing complicated structural antitrust enforcement. The limited capability of the OFT has put the agency in a disadvantaged position in negotiating with other economic ministries. The OFT has not provided plausible counter-arguments based on sound economic theories against other economic ministries' intensive market interventions in the name of rationalization and readjustment of industries. If the staff members of antitrust agencies have lacked substantive understanding of the antitrust and fair trade policy, the rest of government agencies must have had serious problems in understanding the correst roles and functions of the antitrust system. The policy environment of the Korean antitrust system, including other economic ministries, the Deputy Prime Minister, and President Chun, have tended to conceptualize the OFT more as an agency aiming only at fair trade policy and less as an agency that should enforce structural monopoly regulation as well. Based on this assessment of the performance of the Korean antitrust system, this paper evaluate current reform proposals for the MRFT A. The inclusion of the regulation of conglomerate mergers and of business divestiture orders may be a desirable revision, giving the MRFTA more complete provisions. However, given deficient staff experties and the unfavorable policy environments, it would be too optimistic and naive to expect that the inclusion of these provisions alone could improve the performance of the Korean antitrust system. In its conclusion, this paper suggests several policy recommendations for the Korean antitrust system, which would secure the stable development and accumulation of antitrust expertise for its staff members and enough understanding and conformity from its environments about its antitrust goals and functions.

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A Study on the Economic Structure of Mexican Northern Borderlands in Relation to the North American Free Trade Agreement (멕시코 북부 국경지대의 경제구조 변화에 관한 고찰)

  • Lee, Jeon;Back, Jong-Gook
    • Journal of the Korean Geographical Society
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    • v.32 no.2
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    • pp.155-174
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    • 1997
  • This paper's main objective is to present an assessment of the impact of NAFTA on the economic structure of the Mexican northem borderlands. The NAFTA is the strategy of a free trade agreement with the United States and Canada, first mentioned by Salinas in June 1990 and established since January 1994. Mexican govemment permitted factories called maquiladoras at the northem borderlands for the first time in 1965. in the early 1980s Mexico was in a deep economic crisis and the international environment was adverse to Mexico. Mexico began to move toward an open economy and abandoned the import-substitution industrialization model that characterized Mexico since the 1930s. Through the new economic reform, the market system was preferred to the regulation; the private ownership, to the public ownership; and the competition, to the protection. The most phenomenal urbanization in northem Mexico has occurred around the major crossing points along the Mexico-U.S. border. The rapid urbanization in northern Mexico has been much due to the industrialization, brought about bv the maquiladora programs and, recently, by the NAFTA.

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Analysis of Regional Environment Productivity in China (지역 환경생산성 분석: 중국의 성(省)을 대상으로)

  • Kang, Sang-Mok;Kim, Moon-Hwee
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.2
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    • pp.215-233
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    • 2009
  • The purpose of this study is to compare traditional productivity and environmental productivity of Chinese 28 provinces for 1997-2005. The Eastern, the Central and the Western regions show higher M productivity indices than ML productivity indices before 2000 year, but two productivity indices of three regions report almost similar levels after 2000 year. The M productivity indices were higher than the ML productivity indices in the most provinces for 1997-2005. It implies that the Chinese regional economies have difficulties in the production activity reducing pollutants and increasing desirable outputs simultaneously. In the future, the Chinese 28 provinces need to change the direction of economic growth in the way that pursuits economic growth restraining pollution emission quantities thoroughly and should improve the concrete investment for clean technology of pollutant treatment, reinforcement of environmental regulation, and effectiveness of enforcement law.

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Economic Value of Marine Forests in Korea (우리나라 바다숲의 경제적 가치)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.49 no.1
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    • pp.17-35
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    • 2018
  • This study is to evaluate economic value of the ecosystem service benefits of the marine forests provided to our society on the basis of the global standard valuation manual. The main results of this study are summarized as follows: First, the ecosystem service benefits of marine forests are worth 771,121,551 won per hectare for a year in Korea. Second, when evaluating value based on the services benefits of the marine forests, as resource provisioning service, the annual value of the fishery potential production amounts to 58,512,271 won per hectare. The annual value of the environmental and regulatory services is estimated to total 29,574,000 won per hectare including 546,488 won per hectare for climate regulation, 85,342 won per hectare for pollution purification, and 28,942,170 won per hectare for erosion protection. The annual value of the culture and tourinsm services is estimated to total 15,317,647 won per hectare including 5,011,765 won per hectare for skin scuba service and 10,305,882 won per hectare for sea fishing. Also, the aunnual non-use value is estimate to 637,800,000 won per hectare. Third, assuming that the value of the sea forests increases proportionally to the unit area, the marine forests can be valued at 12.7 trillion won per year based on 12,208.2 hectares of marine forests creation area and 4,272.6 hectares of natural seaweed beds. Fourth, the total economic value of the marine forests can be estimated at 244 trillion won in 2016, if the value of the marine forests permanently continues in the future by applying 5.5% of the social discount rate. The results of this study are expected to serve as a valuable information for improving awareness of the value of marine forests ecosystem and ensuring the validity of the marine forests creation policy by converting the value of the marine forests's ecosystem service into monetary units.