• Title/Summary/Keyword: Economic stabilization

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Feasibility Study of Multi-regional Transmission Main Stabilization for Sustainable Water Supply (수돗물 공급 안정화를 위한 광역상수도 관로 안정화 타당성 연구)

  • Lee, Jae Bum;Yi, Choong Sung;Jung, Kwan Sue
    • Journal of Korean Society of Water and Wastewater
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    • v.27 no.3
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    • pp.395-404
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    • 2013
  • The risk of pipe-bursting in multi-regional transmission mains consisting of 89 % of singled pipeline is so high that pipeline stabilization project is required such as renewal and replacement, pipe paralleling, emergency ties. Pipeline stabilization projects could be postponed at the step of initial decision-making because effect of this project is intangible benefit like activation of economic, improvement of welfare related to water. This study is to suggest quantified economical feasibility model for intangible benefit presumption to solve above problem. Cost reduction of emergency water supply, leakage, burst restore and energy efficiency improvement was altered and applied. As a result of economic analysis taking into account estimated benefit and cost under discount rate 5.5 %, service life 40 years, sufficient economic feasibility analyzed with B/C 2.45, NPV 317,700 million won, IRR 9.09 %.

Determination of the Economic Production Quantity for a Manufacturing Process with Stabilization Period (안정화기간을 고려한 최적생산량의 결정)

  • Hahm, Ju-Ho;Kim, Seong-Han;Lee, Geon-Ho
    • Journal of Korean Institute of Industrial Engineers
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    • v.20 no.3
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    • pp.93-104
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    • 1994
  • One of the typical assumptions of the studies to determine economic production quantity is that yield rate of a given manufacturing process is 100% or constant after setup. However, in the real world, there are many manufacturing processes of which yield rates are quite low just after setup and then increasing with time until they reach the target rates which are set strategically. This period is usually called "stabilization period". During the stabilization period, defectives are produced, which incur cost (defective cost). In this study, an optimal production quantity for this situation is presented. Also, it is shown that defective cost acts like setup cost and therefore, increases the economic production quantity.

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Southern Cone Liberalization: Experiences and Lessons (남미(南美)의 경제자유화(經濟自由化) : 경험(經驗)과 교훈(敎訓))

  • Park, Won-am
    • KDI Journal of Economic Policy
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    • v.12 no.3
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    • pp.125-151
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    • 1990
  • This paper reviews the economic liberalization experiences of the Southern Cone countries and draws some lessons from their experiences. The Southern Cone countries-Chile, Argentina and Uruguay-followed the different sequences in liberalization. Chile implemented the fiscal reform and the following comprehensive trade reform in the beginning of liberalization, but capital controls were maintained until 1979. Argentina and Uruguay placed more emphasis on the financial reform with the goods market reformed afterwards, but the fiscal sector was never reformed in Argentina. Since the serious inflation plagued the Southern Cone countries, they combined the economic liberalization scheme with the economic stabilization programmes which are based on the monetarist model. Although economic situations in the Southern Cone countries are quite different from those of Korea, we can learn many lessons from their experiences. First, the monetary and fiscal policies should consist of strict financial discipline to bring in the stable domestic inflation. Without the domestic stabilization, the financial liberalization could disturb the domestic economy as the capital inflows in particular generate a real exchange rate appreciation. Second, the monetary approach which is based on the full purchasing power parity and perfect capital mobility make stabilization as simple as a matter of the appropriate exchange rate policy and the proper rate of domestic credit creation. The unsuccessful experiences with monetarist stabilization in the Southern Cone countries suggest that the monetarist model cannot make real exchange rate and real interest rate stable with the trade and financial reform. Third, both the theory and practice have not yet provided a precise solution on the optimal sequencing and speed of the goods and financial market. Nonetheless, it seems desirable to keep the real exchange rate and the real interest rate stable by gradually opening up the current account and then the capital account.

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Stabilization of Arsenic in Soil around the Abandoned Coal-Mine Using Mine Sludge Pellets (광산슬러지 펠렛을 이용한 폐석탄광 주변 토양 내 비소 안정화 연구)

  • Ko, Myoung-Soo;Ji, Won-Hyun;Kim, Young-Gwang;Park, Hyun-Sung
    • Economic and Environmental Geology
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    • v.52 no.1
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    • pp.29-35
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    • 2019
  • The purpose of this study was to assess the applicability of acid mine drainage sludge (AMDS) pellets for the arsenic (As) stabilization and to suggest an evaluation method for arsenic stabilization efficiency in soil around abandoned coal mines. The soil samples were collected from the agricultural field around Ham-Tae, Dong-Won, Dong-Hae, and Ok-Dong coal mine. The As concentration in soil was exceeding the criteria of soil pollution level, except for Ham-Tae coal mine. The AMDS pellets are more appropriate to use by reducing dust occurrence during the transport and application process than AMDS powder. In addition, AMDS pellets were maintained the As stabilization efficiency. The application of AMDS pellets for the As stabilization in soil was assessed by column experiments. The AMDS pellets were more effective than limestone and steel slag, which used as the conventional additives for the stabilization process. The As extraction by $0.43M\;HNO_3$ or $1M\;NaH_2PO_4$ solution were appropriate evaluation methods for evaluation of As stabilization efficiency in the soil.

A Leaching Characteristics on Lime Stabilization of Heavy Metal Contaminated Soil in a Waste Mine Area (폐 광산 지역 중금속 오염 토양의 석회안정화 적용 시 용출특성)

  • Oa, Seong-Wook
    • Journal of Korean Society on Water Environment
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    • v.27 no.6
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    • pp.862-867
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    • 2011
  • Pozzolanic-based stabilization/solidification (S/S) is an effective and economic remediation technology to immobilize heavy metals in contaminated soils. In this study, quick lime (CaO) was used to immobilize cadmium and zinc present in waste mine contaminated clayey sand soils. Addition of 5% quicklime to the contaminated soils effectively reduced heavy metal leachability after 2 bed volume operation below the drinking water regulatory limits. Lime addition was revealed to increase the immobilization for all heavy metals in tested pH ranges, so it could be an optimal choice for short-term remediation of heavy metal contaminated soil. The mass balances for these column tests show metal reduction of 92% for Cd and 87% for Zn of total resolved mass in case of 5% lime application.

A Study on the Influence of Macroeconomic Variables of the ADF Test Method Using Public Big Data on the Real Estate Market (공영 빅데이터를 활용한 ADF 검정법의 거시경제 변수가 부동산시장에 미치는 영향에 관한 연구)

  • Cho, Dae-Sik
    • The Journal of the Korea institute of electronic communication sciences
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    • v.12 no.3
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    • pp.499-506
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    • 2017
  • Consideration of influential factors through division of capital market sector and interest rate sector to find and resolve the problems in current housing market and leasing market will become an important index to prepare measures for stabilization of housing sales market and housing lease market. Furthermore, a guideline will be provide you with preliminary data using Big Data to prepare for sudden price fluctuation because expected economic crisis, stock market situation, and uncertain future financial crisis can be predicted which may help anticipate real estate price index such as housing sales price index and housing lease price index.

Ex-situ Stabilization and Utility Prospects of 'Jata' Ecorace of Tropical Tasar Silkworm Antheraea mylitta Drury

  • Hansda, G.;Reddy, R. Manohar;Sinha, M. K.;Ojha, N. G.;Prakash, N. B. Vijaya
    • International Journal of Industrial Entomology and Biomaterials
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    • v.17 no.2
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    • pp.169-172
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    • 2008
  • Indian tropical tasar silkworm, Antheraea mylitta D is reported to have forty four ecoraces by way of their adoption to different topographical and vegetational conditions. Of late, another ecorace 'JATA' - univoltine under in-situ condition has been explored which is localized in Thakurmunda area of the foot hills of Simlipal biosphere (Mayurbhanj district) of Orissa, India. The ecorace 'Jata' exhibits superior economic characters over widely commercialized ecoraces of Daba and Sukinda. The cocoon production of localized 'Jata' ecorace is depleting day by day in in-situ condition. In the present study, efforts were made to stabilize the ecorace 'Jata' under ex-situ condition at Ranchi (Jharkhand), where the 'Jata' ecorace silkworms were reared on Terminalia tomentosa for four successive generations during 2006 and 2007 and the cocoons were preserved in grainage house under prevailing climatic conditions. The results indicated change in voltinism behaviour of the 'Jata' ecorace from univoltine to bivoltine. The rearing performance and grainage efficiencies indicate the tendency of 'Jata' ecorace towards acclimatization and stabilization under Ranchi climatic conditions. The 'Jata' ecorace manifests the prospects for acclimatization, stabilization and commercial exploitation.

Evaluation of extension in service life and layer thickness reduction of stabilized flexible pavement

  • Nagrale, Prashant P.;Patil, Atulya
    • Advances in Computational Design
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    • v.3 no.2
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    • pp.201-212
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    • 2018
  • Decrease in availability of suitable subbase and base course materials for highway construction leads to a search for economic method of converting locally available troublesome soil to suitable one for highway construction. Present study insights on evaluation of benefits of stabilization of subgrade soils in term of extension in service life (TBR) and layer thickness reduction (LTR). Laboratory investigation consisting of Atterberg limit, Compaction, California Bearing Ratio, unconfined compressive strength and triaxial shear strength tests were carried out on two types of soil for varying percentages of stabilizers. Vertical compressive strains at the top of unstabilized and stabilized subgrade soils were found out by elastoplastic finite element analysis using commercial software ANSYS. The values of vertical compressive strains at the top of unstabilized and stabilized subgrade, were further used to estimate layer thickness reduction or extension in service life of the pavement due to stabilization. Finite element modeling of the flexible pavement layered structure provides modern technology and sophisticated characterization of materials that can be accommodated in the analysis and enhances the reliability for the prediction of pavement response for improved design methodology. If the pavement section is kept same for unstabilized and stabilized subgrade soils, pavement resting on lime, fly ash and fiber stabilized subgrade soil B will have service life 2.84, 1.84 and 1.67 times than that of unstabilized pavement respectively. The flexible pavement resting on stabilized subgrade is beneficial in reducing the construction material. Actual savings would depend on the option exercised by the designer for reducing the thickness of an individual layer.

An Empirical Analysis on the Relationship among Innovation Cycle, Investment Cycle and Business Cycle in Frequency Domain (혁신주기, 투자주기 그리고 경기변동에 관한 실증분석)

  • 조상섭;이장우
    • Journal of Korea Technology Innovation Society
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    • v.5 no.2
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    • pp.129-140
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    • 2002
  • This study is try to do the empirical tests on the relationship among innovation cycle, investment cycle, and business cycle suggested in recent economic growth models. We apply co-spectra analysis to estimate dynamic correlations in the extraction HP filtered variables and first difference filtered variables in our data set. Our empirical results are; (i) an existing asynchronization between innovation cycle and investment cycle, (ii) in the long frequency, an existing positive correlation between innovation cycle and business cycle, (iii) in the short frequency, however, a finding the high negative correlation between the two cycle. Our empirical findings support the recent growth through cycle models and suggest some economic policy implementations for economic stabilization during a severe business cycle.

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