• Title/Summary/Keyword: Economy efficiency

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Reforming Environmentally-Harmful Subsidies in the Energy and Electricity Sectors in Korea (우리나라 에너지·전력 부문 보조금의 환경친화적 개편 효과 분석 : 연산일반균형분석을 중심으로)

  • Kim, Seung-Rae;Kang, Man-Ok
    • Environmental and Resource Economics Review
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    • v.20 no.4
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    • pp.827-858
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    • 2011
  • In Korea, various environmentally harmful subsidies are granted in agriculture, fishery, energy, electricity, transportation, steel and shipbuilding industry. Examples include tax-exempt fuel for agriculture & fishery, VAT- exemption for briquette & anthracite, temporary subsidy for fuel, production stabilizing subsidy for coal mining, subsidy for briquette. Korea's yearly total subsidy in energy area is about 5,291 billion won, among them is 4,870 billion won. To reduce air pollutants and to mitigate climate change, Korea has to review the phase-out of environmentally harmful subsidies and the phase-in of environment-friendly subsidy. The reduction or removal of environmentally harmful subsidies will enhance economic efficiency and bring about environmental benefits. Economic efficiency means less use of inputs, which reduces environmental cost and improves social benefits. This paper applies the Shoven and Whalley's model to the Korean economy and analyzes the general equilibrium incidence effects of reforming environmentally harmful subsidies in the energy and electricity in Korea. We consider several counterfactual scenarios in which current environmentally harmful subsidies are reduced or abolished, compare them with the reference case in the economy, and evaluated the change in efficiency costs and distributional incidence of tax reforms related to subsidies.

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Analysis of the Ecological Efficiency of Chinese Provincial Based on the Three-stage DEA Model (3단계 DEA모델을 이용한 중국의 에코 효율성 측정에 관한 연구)

  • Na, Sang Gyun;Niu, Jian Guang
    • Management & Information Systems Review
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    • v.36 no.2
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    • pp.307-327
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    • 2017
  • Ecological efficiency is an important index measuring and reflecting the sustainable development level of economy, resources and environment in a region. This paper makes an empirical study on the ecological efficiency of 31 provinces in China in 2014 with the three-stage DEA model. The results show that the three indexes, the total investment in environmental governance (Unit: hundred million Yuan), the second industry proportion(%), and per capita automobile ownership (car/ten thousand people) functioning as the external environmental variables have significantly impacted the regional ecological efficiency. Excluding the impact of the external environment and statistical noise, the technical efficiency of regional ecological efficiency has increased from 0.526 to 0.639, and the pure technical efficiency has increased from 0.650 to 0.858, with the scale efficiency decreased from 0.833 to 0.740, accurately reflecting the regional ecological efficiency level. 31 Chinese provinces are classified into four different types according to the pure technical efficiency and scale efficiency. Every region shall, according to the characteristics of its efficiency, emphasize differently on improving the management level or expanding the scale of production so as to improve the ecological efficiency.

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A Study on the Influence Factor and Efficiency Analysis of 6th Industrialization (6차 산업화 영향요인 및 효율성 분석에 관한 연구)

  • Son, Sang-Chul;Lee, Seung-Hee
    • Journal of Industrial Convergence
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    • v.15 no.2
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    • pp.7-16
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    • 2017
  • The 6th industrialization of agriculture, which promotes the virtuous cycle of creating new value with through the convergence integration of agriculture and contributing to the vitalization of local economy etc. Accordingly, the purpose of this research is to provide implication for the efficiency, vitalization of domestic 6th industrialization per regions Analysis is use of the "2015~2016 Food Agriculture 6th Industrialization Basic Reality Survey Research" report data. As an analytical method DEA(Data Envelopment Analysis), Tobit model were used for results. The following are the summary of hypothesis test. First, 6th industrialization of agriculture identify improve income growth and increase efficiency, Second, Efficiency influence factor analysis shows have a minus (-) relation that yearly rural population increase rate, and secondary industry participation rate. Third, 6th industrialization recognition of the business is plus(+) relation influenced. Through this research, There may be a limit of research data and qualitative factor etc, explanatory power, but it is meaningful in the sense that objective implication was drawn for the enhancement of the 6th industrialization per regions.

Evaluation of the COVID-19 Policies in OECD Countries (OECD 국가 코로나19 대응정책 효율성 분석)

  • Zhang, Weilong;Kim, Hyungjun;Song, Rhayun;Park, Myonghwa;Oh, Keunyeob
    • Health Policy and Management
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    • v.32 no.3
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    • pp.293-303
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    • 2022
  • Background: Coronavirus disease 2019 (COVID-19), which has occurred since the end of 2019, has caused tremendous damage not only in terms of disease and death but also in terms of economy. Accordingly, governments implemented health and quarantine policies to prevent the transmission and spread of COVID-19 and minimize economic effects, and implemented various countermeasures to reduce social and economic damage. However, the damage varies from country to country, and there are differences in the response of each government. Methods: Using 2020 data from the Organization for Economic Cooperation and Development countries, the effectiveness of governments' quarantine and economic policies in response to COVID-19 was calculated, and what factors determine the effectiveness were analyzed. While most of the previous studies analyzed the relationship between the government's quarantine policy and corona transmission and death, this study is characterized by considering the economic aspect in addition. Results: As a result of the analysis, the following results were obtained. First, when economic aspects are not considered, Asian and European countries have similar levels of efficiency, but when economic aspects are taken into account, Asian countries have higher efficiency. Second, population density had a negative effect on the efficiency of each country's policy, and long-term orientation was found to have an important impact when considering the economic aspect. Conclusion: We found that the governance index is an important variable influencing the efficiency, which shows that the effectiveness of government policies in response to the coronavirus depends heavily on the trust relationship between the government and the people.

Efficiency Assessment of China's Yangtze River Ports- Based on the 3-Stage DEA (중국 양쯔강(장강) 내륙항만의 효율성 평가 - 3단계 DEA 모델을 토대로)

  • Xi-Na Ji;Kyoung-Suk Choi
    • Korea Trade Review
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    • v.48 no.1
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    • pp.215-241
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    • 2023
  • As competition between ports intensifies, port efficiency has always been a hot topic in the port and shipping economy. Boosting regional and national economies by improving port efficiency and promoting sustainable development of ports is also a concern for port operators and local and national governments. In this situation, this study has the following objectives. First, using panel data from 2010 to 2017, the efficiency of 14 major inland ports along the Yangtze River was analyzed, and changes in port efficiency over time were examined. Second, 14 inland ports are divided into the middle, upper, and lower Yangtze River port groups to compare and review differences in efficiency levels of ports by basin. For the study, we applied a three-step DEA analysis method, which evaluated the pure relative efficiency of the port itself by removing the effects of environmental factors and statistical noise that could affect the efficiency evaluation and presented the results. As a result, it was confirmed that there was a clear difference in the efficiency value of the port between the first-stage and the third-stage efficiency evaluation result. In addition, the downstream ports showed relatively high efficiency compared to the middle and upstream ports.

Analysis of Forest Valuation Process for the Forestry Household Economy Survey in Korea (우리나라 임가경제조사를 위한 입목자산가치 평가업무 프로세스 분석)

  • Kim, Young-Hwan;Won, Hyun-Gyu;Lee, Ho-Sang;Chong, Se-Kyung;Shin, Man-Yong
    • Journal of Korean Society of Forest Science
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    • v.97 no.3
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    • pp.274-284
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    • 2008
  • For forest valuation, various input data were generally required: for example, slope, timber stocks, logging costs, hauling costs, market values of timber, afforestation costs, thinning costs, and so on. To enhance the efficiency of forest valuation process, it would be helpful to guide how and where to acquire such data sets. Moreover, to make an appraisal of timber assets through the Forestry Household Economy Survey, it would be inevitable to use standardized input data by region or tree species. Therefore, this research intended to develop a methodology of standardizing each input data, and to present its available data sources. Also, a guidance was presented to explain how to control input data within the appraisal process. Then, the appraisal process were analyzed and summarized in four types of information such as system flowchart, process flowcharts, detail flowcharts, and skimmer data, which are essential elements in developing an appraisal software, named EnVAST (Engine of Valuation System for Timber Assets). The software was designed to generate 'the standard forest valuation table' by species and province as the final output that is applicable for the forest valuation through the Forestry Household Economy Survey in Korea.

A feasibility study on Introducing the Reference Fuel(Gasoline) for Testing Vehicles in South Korea (국내 표준연료(휘발유) 도입 필요성 검토 연구)

  • Kang, Hyungkyu;Seong, Sangrae;Song, Hoyoung;Hwang, Inha;Ha, Jonghan;Na, Byungki
    • Journal of the Korean Applied Science and Technology
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    • v.33 no.4
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    • pp.824-835
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    • 2016
  • Although the number of registered cars in South Korea is above 21million and one family has about 1.07 cars, there is no national standard for automobile reference fuel in South Korea. Reference fuel is the fuel used for certificating vehicle performance, emissions and fuel economy. Now, domestic market fuels are used as reference fuel. However, the quality of domestic market fuel is constantly changing by seasonal and fuel manufacturers. It may effect vehicle performance, emissions and fuel efficiency test result. On this study, market fuel quality was monitored and reference fuel standard(draft) was set by reflecting market fuel monitoring result. Reference fuel standard(draft) was applied to GDI and MPI engine. As a result, the difference of fuel economy between fuels meeting the reference fuel standards(draft) was reduced to 1.1% while the difference of fuel economy between market fuels was 3.8%.

The Impact of ICT Sector on Economic Output and Growth (ICT 산업이 생산 및 경제성장에 미치는 영향 - 4차 산업혁명 관련 산업을 중심으로)

  • Yie, Myung-Soo;Nam, Soo-Joong
    • Informatization Policy
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    • v.26 no.2
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    • pp.24-45
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    • 2019
  • This paper analyzes the size of direct and indirect impact of the information and communication technology(ICT) producing sector to the Korean economic growth We first divide the entire economy into the ICT producing sector and the ICT using sector, and estimate the contributions to the economic growth by each sector. We also try to answer the question on what the possible causes of the ICT producing sector's contribution are to growth. In oder to find the answer, we focus on the change in the relative prices of ICT products produced in the ICT producing sector and examine the long-term relations among the relative prices of ICT products, the ratio of ICT products used in the ICT using sector as an intermediate input, and the output of the entire economy. We find that the overall economic growth has been weakened but the ICT sector's contribution to the growth has increased. Specifically, the indirect contribution of the ICT producing sector, through the ICT using sector, to economic growth was greater than the direct contribution of the ICT producing sector itself. We also find a stable, long-term negative relation between the relative prices of ICT products produced in the ICT producing sector and the ratio of ICT products as an intermediate input in the ICT using sector. In addition, the decrease in the relative prices of ICT products produced in the ICT producing sector increases the use of ICT products in the ICT using sector and the output of the entire economy. These findings can be interpreted that the price decrease in the ICT products improves the production efficiency in other sectors and helps directly and indirectly, accelerating growth of the entire economy.

Study on the Direction of Specialized Development for Andong City Cultural Industry Promotion District (안동시 문화산업진흥지구 특화발전 방향에 관한 연구)

  • Bae, Su-Bin;Kwon, Gi-Chang
    • 지역과문화
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    • v.4 no.1
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    • pp.1-26
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    • 2017
  • The 21st century recognizes culture as a high value-added strategic industry as it is called the culture era, and the cultural industry plays a role in driving regional economic development by raising the value added of other industries due to various ripple effects. As the institutional apparatus for developing such cultural industry, the Culture Industry Promotion Basic Law was enacted. Based on this, the Central Government designated the Jung-gu Dong and Seo-gu Dong as the Cultural Industry Promotion District of Andong City in 2010 but it has not been activated until 2017. The purpose of this study is understanding the situation and problems of the Cultural Industry Promotion District of Andong city and to discuss the direction of development. The research methods were analyzed by using questionnaires using AHP analysis technique for experts and practitioners related to culture industry. SPSS 23 was used for the validity and reliability of the questionnaire, and VBA was used for weighting and consistency index calculation in AHP analysis. As a result in the upper layer, Economy efficiency was found to be the most important factor of the three upper layer factors (Economy, Publicity, and Sociality) in order to activate the Cultural Industry Promotion District of Andong city. In the case of the Lieutenant layer, it is analyzed that the Job Creation is an important factor in the Economy category, the Settlement and Environment for Cultural Industry in the Publicity category, and the Activation of Urban Culture Activity in the Sociality category. As a result of analyzing the direction of promotion of the Cultural Industry Promotion District of Andong City centered on these factors, it concluded that the industry related to performance should be focused.

The Effect of Household Economy on Home Management (가정의 경제력이 가정 경영에 미치는 영향)

  • 이기춘
    • Journal of the Korean Home Economics Association
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    • v.8 no.1
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    • pp.198-215
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    • 1970
  • The basic purpose of this study is to explore the household economic effects on home administration. The major goals of home administration is to promote mental and physical welfare of the family members. In order to realize mental and physical welfare, the stability and satisfaction is needed. And to promote stability and satisfaction, the efficiency must be accomplished and the efforts is required. So the four variables to measure home administration situation are as follows. 1) The degree of the stability 2) The degree of the efficiency 3) The degree of the efforts 4) The degree of the satisfaction. The factor of Household economic level is the size of the family's money income. Although size of income is not the bases for either standard of living or Socioeconomic status, it is closely related to both. To solve this problem. Some hypotheses are specified as follows. Hypotheses I The degree of the stability is different among the groups by income level. The group which is high income level will be more stable than low income level. Hypothesis II The degree of the efficiencies different among the groups by income level. The group which is high income level will be more efficient than low income level. Hypothesis III The degree of the efforts is different among the groups by income level. The group which is high income level will more effort than low income level. Hypothesis IV The degree of the satisfaction is different among the groups by income level. The group which is high income level will feel more satisfaction than low income level. In order to test those hypotheses random selection of 190 subjects from the four girls high schools in Seoul was made, and the parents of the students reported their home administration situation. The results of this study show that; 1) the group which is high income level revealed more stability than low income level. The differences of each group are revealed very significant. 2) The differences of the degree of the efficiency among the groups are unsignificant. 3) the group which is high income level revealed more effort than low income level. The differences of each group are revealed significant. 4) The group which is high income level revealed more satisfaction than low income level. The differences of each group are particularly significant. So the conclusion can be drawn from this study. Every group by income level revealed significant differences in home administration. So the household economy greatly effects on home administration.

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