• Title/Summary/Keyword: Economy efficiency

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Analysis of importance by category for quantitative economic evaluation of multi-utility tunnel (공동구의 정량적 경제성 평가를 위한 항목별 중요도 분석)

  • Cho, Choong-yeun;Sim, Young-Jong;Kim, Hun-kyom;Lee, Pil-yoon;Lee, Min-jae
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.20 no.1
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    • pp.119-130
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    • 2018
  • The VE/LCC study on the existing multi-utility tunnel examined the economical feasibility of the collective area through the cost-benefit analysis of the ten major routes of Seoul for the benefit (7 items) and the cost (5 items) through quantitative methods. In this paper, we analyzed the economic efficiency of 61 sectors by adding 3 items (reduced traffic accident, reduced vehicle noise, social-economic loss). The reduced traffic accident item is an improvement of the traffic accident cost that can be saved by the implementation of the project, and the reduced vehicle noise item is an indicator of the amount of noise change caused by the implement of the business. Finally, the social-economic loss items represent the impact on the local economy due to the construction of the multi-utility tunnel. The amounts of the additional items were compared and items added in the open type and tunnel type multi-utility tunnel were analyzed for each analysis. Result on the analysis, it analyzed the items applied to the basic and detail models in the economic evaluation of the multi-utility tunnel design, and makes it possible to evaluate the economic efficiency more efficiently. The economic evaluation of the basic and detailed models including the items presented in this study will be often used in the design of the multi-utility tunnel design.

A Study on the Effect of Carbon Tax using Second Generation Model for Korea (SGM_Korea 모형을 이용한 탄소세의 이산화탄소 배출저감 효과 분석)

  • Chung, Hyun-Sik;Lee, Sung-Wook
    • Environmental and Resource Economics Review
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    • v.16 no.1
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    • pp.129-169
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    • 2007
  • The purpose of this study is to experiment and simulate the newly-updated Second Generation Model for Korea (SGM-Korea). With the updated model, we tried to simulate effect of carbon tax on $CO_2$ emissions and other macroeconomic variables for Korea. The baseline data are compared with projected profiles by various scenarios to evaluate its performance. Our contribution in this study is to having up-graded the model from its earlier version by building new hybrid input-output table based on 2000 input-output and energy balanced tables. According to our estimation, total $CO_2$ emission in Korea has already increased in 2000 to about 1.86 times the 1990 figure. The level of carbon tax required for the current level of $CO_2$ emission to be reduced to the 1995 or 2000 level seems to be too high for Korean economy to bear. It is possible to find a reasonable level of carbon tax, however, if it can combine it with improvement of energy efficiency at the rate of 0.5% to 1% per year. For Korea to meet its obligation to reduce $CO_2$ emissions, therefore, it is imperative for her to improve energy efficiency as well as to develop alternative energy source reducing its dependence on fossil fuel.

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Efficiency Analysis of Ocean Shipping Lines Using Non Radial DEA Model (비방사적 DEA 모형을 활용한 외항해운기업의 경영효율성 분석에 관한 연구)

  • Lee, Tae-Hwee;Yeo, Gi-Tae
    • Journal of Korea Port Economic Association
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    • v.31 no.1
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    • pp.37-49
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    • 2015
  • According to outstanding maritime economists from domestic and overseas, shipping lines or ships' enlargement reduce fixed costs, and assist realization of scale of economy of shipping. On the contrary, recent Korean liquidity crisis on the shipping lines (SL) has been focused on the leading companies such as Hanjin Shipping (HJS), Korealines, and STX Pan Ocean. In this respect, this study aims to review Korean SLs' strategies and suggest the optimal solution between the specialization and enlargement. For these purposes, this research adopts slack based measure data envelopment analysis (SBM-DEA) model as a research methodology. As for decision making units (DMUs), SLs which have increased the vessel numbers and belonged to top tier group in year 2013, are selected. The results are comprised with two aspects. Firstly, HJS, KMTC, Korea LNG Trading (KLT), EUKOR, and Sinokor Tanker show the most efficient in regard to constant return to scale (CRS) model. Secondly, HJS, KMTC, KLT, Daerim, Chungang, Sinnokor Tanker, and EUKOR are the most efficient companies in terms of variable return to scale (VRS) model. Lastly, these results could be affected to the management philosophy and can answer the following question. Which is the most optimized SL?s management decision making, enlargement or specialization?

Components sizing of powertrain for a Parallel Hybridization of the Mid-size Low-Floor Buses (중형저상버스 병렬형 하이브리드화를 위한 동력전달계 용량매칭)

  • Kim, Gisu;Park, Yeong-il;Ro, Yun-sik;Jung, Jae-wook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.8
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    • pp.582-594
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    • 2016
  • Most studies on hybrid buses are on large-sized buses and not mid-sized low-floor buses. This study uses MATLAB simulation to evaluate the fuel efficiency of such buses powered by diesel. Based on the results, a hybrid electric vehicle system is recommended for the best combination of power and gear ratio. A parallel hybrid system was selected for the hybridization, which transmits front and rear wheel power independently. The necessary power to satisfy the target performance was calculated, and the applicable capacity area was designed. Dynamic programing was used to create and optimize a component sizing algorithm, which was used to scale the capacity of each component of the power source to satisfy the design criteria. The fuel efficiency rate, optimum power source capacity, and gear ratio can be improved by converting a conventional bus into a parallel hybrid bus.

Comparative Analysis of Economic Efficiency by Major Sericultural Farming Areas in Korea (잠업단지의 경제효율에 관한 비교분석)

  • 이질현;김문협;강석권
    • Journal of Sericultural and Entomological Science
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    • v.14 no.2
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    • pp.95-103
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    • 1972
  • The major purpose of this study is to collect the information related on the aspects of economic efficiency for solving the problems which are faced by farmers and areas, and providing scientific facts to farmers and related institutions for further development of sericultural sector in Korea. In order for obtaining the related information 12 sample areas among 23 major sericultural farming areas and 30 farm units in each area are selected and analyzed in this study. The fold suevey is made by member of this study team and graduate students in the Department of Sericultural Science with a prepared questionnaires. Cross-section and regression analysis methods are employed for processing the data in this study. The major findings obtained are as followings. 1. Sericultural earnings per Tanbo is, on the average, 22, 752 won in new cultivated areas and 29, 403 won in ordinary ones. There are big difference in the size of earnings by areas, especially, 46, 968 won in Kumo mountain area, compared with 16, 798 won in Yeoju and Yichun areas. General trend is finded that small scale farming units are made higher earnings and operating their farms efficiently. 2. Cocoon production expences per Tanbo is 16, 737 won in new cultivated areas and 19, 802 won in ordinary areas. There are also big difference in farming expences, especially, 27, 389 won in Sudang area, compared with 11, 689 won in Emjin area. 3. Sericultural income per Tanto is 10, 664 won in ordinary areas and 6, 898 won in new cultivated areas. Farmers in Kumo mountain area make the highest income of 21, 164 won and lowest income of 1, 296 won in Sudang area. It can be generized that about 30-50 a sized farmers make higher income. 4. Land, labor and capital productivities estimated by fitting Cobb-Douglas functions in ordinary areas are higher than in new cultivated areas, especially, labor productivity is higher in ordinary areas. 5. Changsung, Kwangna, Yunsun and Kumo mountain areas are technically and economically efficient. Sudang and Mujinchang areas are technically successful but economically inefficient and Emjin and Honam areas are technically inefficient but economically efficient. YeojuYichun, Chunwon and West Kyongnam are technically and economically inefficient. Technical and economic improvement program should be implemented for these areas. 6. Estimated Internal Rate of Return (IRR) on capital investment in Chongwon are is 23.5 percent. It is economically feasible, if we consider 20 percent of opportunity cost of capital in our economy.

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An Analysis of Influence Factor of ROK Military Supply-Network Efficiency by Social Network Analysis (사회연결망분석을 통한 한국군 공급네트워크 구조의 효율성 영향요인 분석)

  • Eom, Jin-Wook;Won, You-Jae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.5
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    • pp.47-55
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    • 2019
  • The army of republic of korea have been continued to transform their logistics support system structure for better efficient logistics support system in preparation for the future environment. Logistics system has supply network structure which is connected by various units and supply network structure received attention as a factor of success of supply network. Many researchers have continuously researched inventory management, transportation or economy factors for supply network, but such a study on the one in military supply network structure analysis is still slower than the study of analysis of other factors until now. In this study, we identify military supply network structure influence factor by application of social network analysis method which is used broadly and analyze co-relationships between supply network structure influence factor and valued APL(average path length) as a criteria of efficiency of military supply network. By this study it has value of military supply network influence factor identification for the better military supply network fabrication.

A Study on Smart Factory Introduction Cases and Sustainable Effect (스마트팩토리 도입사례와 효과 지속성에 관한 연구)

  • Son, Young-Jin;Choi, Hwan Young
    • Journal of Practical Engineering Education
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    • v.14 no.1
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    • pp.127-136
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    • 2022
  • As manufacturing items have changed in various ways, changes in the mass production of small-scale small-scale production of multiple varieties have become commonplace. As a result, the method of the manufacturing site has also changed, and the "smart factory," which emphasizes the production efficiency aspect using automation lines and big data of factories, is in the spotlight according to the global market economy. The introduction performance of smart factories has a positive effect in terms of production efficiency and is drawing a steep upward curve. In addition to the positive aspects, the aspect that needs to be supplemented in the future is the support and cooperation of specialized smart equipment suppliers, but education on standardized smart factories and the relocation of existing manpower, education, evaluation, and creative production that robots cannot replace Various support measures are also needed for activities. In addition, continuous management and systematic education are required to enter the upper stage. Through the case of companies that have built smart factories, it is intended to emphasize the need for proper use of manpower and support management for settlement and maintenance after introduction and continuous on-the-job training through the comparison of productivity before and after introduction to ensure the effect continues.

Foraging behavior and pollination efficiency of honey bees (Apis mellifera L.) and stingless bees (Tetragonula laeviceps species complex) on mango (Mangifera indica L., cv. Nam Dokmai) in Northern Thailand

  • Chuttong, Bajaree;Panyaraksa, Lakkhika;Tiyayon, Chantaluk;Kumpoun, Wilawan;Chantrasri, Parinya;Lertlakkanawat, Phurichaya;Jung, Chuleui;Burgett, Michael
    • Journal of Ecology and Environment
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    • v.46 no.3
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    • pp.154-160
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    • 2022
  • Background: The mango is one of the essential fruit trees for the economy of Thailand. Mango pollination relies primarily on insects. Other external forces, such as wind, are less efficient since pollen is sticky and aggregating. There is only one report from Thailand on the use of bees as mango pollinators. The study of the behavior and pollination efficiency of honey bees (Apis mellifera) and stingless bees (Tetragonula laeviceps species complex) was conducted in Nam Dokmai mango plantings in Phrao and Mae Taeng districts, Chiang Mai province, between February and March 2019. Results: Our results reveal that the honey bees commenced foraging earlier than the stingless bee. The number of flowers visited within 1 minute by honey bees was higher than that visited by stingless bees. The average numbers of honey bees and stingless bees that flew out of the hive per minute from 7 a.m. and 6 p.m. in the Phrao district were 4.21 ± 1.62 and 9.88 ± 7.63 bees/min, respectively, i.e., higher than those observed in Mae Taeng, which were 3.46 ± 1.13 and 1.23 ± 1.20 bees/min, respectively. The numbers of fruits per tree were significantly higher in the honey bee and stingless bee treatments (T1 and T2) than in the open pollination treatment (T3). The number of fruits between T1 and T2 treatments was not different. In the pollinator exclusion treatment (T4), no fruit was produced. Fruit size factors were not significantly different among T1, T2, and T3 treatments. Conclusions: Our results showed that insect pollination is crucial for mango production, especially with the Nam Dokmai variety in Northern Thailand. As pollinator exclusion treatment showed no fruit set, and pollinator treatment significantly increased the fruit sets compared to open access plots, a managed pollinator program would benefit the mango growers for better productivity. Both the honey bee and the stingless bee were shown to be effective as pollinators.

A Comparative Analysis on the Competitiveness of Korean and Japanese Fashion Industry by Applying Generalized Double Diamond Model

  • Son, Mi Young;Kenji, Yokoyama
    • Asia Marketing Journal
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    • v.15 no.1
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    • pp.57-81
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    • 2013
  • The purpose of this paper is to seek ways to improve the competitiveness of Korea's fashion industry by utilizing the source of competitiveness of Japan's fashion industry, which represents the world's leading countries in terms of fashion, so that Korea can better enter the global fashion market. The study shall first compare the competitiveness of the Japanese and Korean fashion industries by utilizing the generalized double diamond model; second, provide an understanding of what the Japanese fashion industry can offer to Korean fashion industry and companies - that is, understand what the Japanese fashion industry's competitive edge is; and third, study the kind of global competitiveness that Korea's fashion industry must achieve. To adopt a generalized double diamond model to compare the competitiveness of the Korean and Japanese fashion industries, we selected 31 sub-variables to act as determinants of the model. That is, we extracted 31sub-variables by doing research of literature to analyze national competitiveness of the fashion industries. To measure these 31 sub-variables, secondary data was gathered. We collected data related to each sub-variable from various sources of Korea and Japan. And to calculate the competitiveness index, we took three steps with reference to previous studies. We found that status of the fashion industry of the two countries as it stands. That is, Japan is an advanced country of which fashion industry is domestic market-oriented while Korea is a small open economy that mainly focuses on the foreign market. Out of 31 proxy variables, Korea's fashion industry shows higher measurements relating to production and export than Japan, but Japan's fashion industry reports higher measurements than Korea in the fields of R&D, design and brand power, the rate of value added, the efficiency of companies and globalization. In order for Korea's fashion industry to achieve competitiveness in the global market, it should pursue the following development direction. First, it is very difficult for Korea to follow the footsteps of the U.S. and Japanese fashion industries that are able to take advantage of economies of scale, because Korea is smaller than those countries. Therefore, in the case of small economies such as Singapore, strengthening of international activities will practically improve domestic determinants that Korea should improve its domestic diamond by enhancing the current competitiveness of its international diamond. In other words, Korea needs to further endeavor to develop and expand global resources and markets as well as improve its competitiveness in terms of R&D, design and brand power, the rate of value-added, and the efficiency of companies. As the Korean fashion industry shows relatively advanced level of information technology and the fashion education system, it has considerable potential to grow. Korea is expected to have a huge growth potential since it has relatively higher level of information technology, fashion education system and activities than those of Japan in both the domestic diamond and international diamond. In particular, a better environment is laid out before Korea to gain competitiveness in the fashion industry due to the recently growing influence of the Korean Wave that Korea is expected to grow as a leader in the Asian market as well as in the global market.

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Assessment of the Utility of Remote Sensing Techniques for Monitoring Compliance with Direct Payment Programs (직불제 이행점검 모니터링을 위한 원격탐사 기법 활용성 평가)

  • Hoyong Ahn;Jae-Hyun Ryu;Kyungdo Lee
    • Korean Journal of Remote Sensing
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    • v.39 no.6_1
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    • pp.1467-1475
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    • 2023
  • The public-interest direct payment program involves providing direct payments to agricultural producers and rural residents through public funds, premised on performing public functions such as environmental conservation, stable food supply, and maintaining rural communities via agricultural activities. Scientific estimation of crop cultivation areas and production levels is crucial for formulating agricultural policies linked to regulating food supply, which increasingly impacts the national economy. Conducting comprehensive on-site inspections for compliance monitoring of direct payment programs has shown very low efficiency in relation to budget and time. The expansion of areas subject to compliance monitoring and various challenges in on-site inspections necessitate streamlining current monitoring methods and devising effective strategies. As a solution, the application of Remote Sensing technology and spatial information utilization, allowing swift acquisition of necessary information for policies without overall on-site visits, is being discussed as an efficient compliance monitoring method. Therefore, this study evaluated the potential use of remote sensing for improving operational efficiency in monitoring compliance with public-interest direct payment programs. Using satellite images during farming seasons in Gimje and Hapcheon, vegetation indices and spatial variations were utilized to identify cultivated areas, presence of mixed crops, validated against on-site inspection data.