• Journal of Korean Society of Industrial and Systems Engineering
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• v.42 no.4
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• pp.106-115
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• 2019

A sharing economy has emerged through today's trust-building mechanisms, and a sharing economy is called a future economic model through a positive future market prospect. In this context, while the overseas sharing economic business is becoming a global trend, the domestic sharing economic business is busy following the global trend. The purpose of this study is to investigate the development direction of sharing economic business in Korea. First, the sharing economic cases of 50 oversea and domestic businesses were analyzed by time series analysis. Next, a cross-country analysis to analyze the business distribution and KCERN's sharing economic model through sharing economic cube model was conducted. Finally, profit model analysis through business case study and the relationship between the derived factors were investigated. As a result of the analysis, this study found comparative trends between overseas and domestic including differences in cultural and institutional environments and profit models. This study suggested directions for domestic sharing economy business.

• Korean Journal of Construction Engineering and Management
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• v.14 no.6
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• pp.70-77
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• 2013

Construction industry is broadly agreed as one of the most important sectors of any economy around the world. In this paper, time series data of Korean construction industry and Korean economy are examined. The Bon's proposition will be inspected for Korean context using both cross-sectional and longitudinal analyses. The analysis of the longer than four decades national account statistic of the Korean macro economy verify Bon's proposition of an inverted U-shaped relationships. The verified U-shaped relationships for Korean context exist not only in terms of the construction share in total GDP but also in terms of total construction volume as an economy develops from LDC to NIC and then to AIC eventually with time. The results of the thesis show that the contribution towards the macro economy has varied across different stages of development.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.425-432
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• 2009

The construction industry has been a main pillar and serves as a regulator of the Hong Kong economy. Subsequently, the fluctuations in the level of construction output can induce significant rippling effects to the economy. The Asian Financial Crisis started in 1997 and the SARS outbreak in 2003 both introduced major challenges and impacts to the Hong Kong economy and consequently the construction sector. Such decline in the importance of construction has suggested a possible structural change in the sector. It is worth investigating the driving forces behind the construction demand and see if they have changed after the heavy impacts in the past decade. The above considerations have, therefore, been the motivation of the present study to model the Hong Kong residential construction demand through multiple regression technique which can identify the significant influencing factors to the residential demand. The residential construction is studied as it constitutes a significant portion of the total construction volume. The residential sector has great influence to the general economy of Hong Kong. It is found that the underlying market structure and the driving factors for Hong Kong residential demand before and after the Asian Economic Crisis and SARS outbreak are different, suggesting that the residential construction sector or even the larger construction industry may have undergone a major structural change as Hong Kong's economy approaches maturity. It is also observed that the past literatures on construction demand are mostly focusing on predicting demand under a stable economic environment. Hence, it is worth examining if it is possible to model during economic hardship when the residential sector fluctuate dramatically under different external impacts, such as the recent global financial tsunami.

• Journal of Navigation and Port Research
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• v.29 no.9
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• pp.813-819
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• 2005

The purpose of this paper is to present some main economic factors which influence Gaza Seaport. Without direct access to the international market, the Palestinian economy will continue its dependence on Israeli economy mainly in employment, transport facilitation, and international trade. The greatest potential for Palestinian economic growth lies in trade. The port is important for creating new job opportunities, and for enhancing exporting capabilities, which are the most essential elements for development of the Palestinian economy. Israeli policies and procedures incur Palestinian exporters additional transportation costs when delivering their products to Israeli Ports or when transit these products to neighboring countries through Israeli controlled area. The public profit for the port is greater than the private profit. Therefore, constructing the port will have a great effect on the Palestinian economy. There are many challenges facing the port, some of them are the political stability, the economies of scale, and Israeli security measures and procedures.

• Journal of the Korean Society of Manufacturing Technology Engineers
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• v.22 no.6
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• pp.908-912
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• 2013

Because of their longer operating times and larger size relative to conventional fans, the cooling fans mounted in buses consume larger amounts of energy. Most of the cooling fans mounted in a bus are connected to the engine by a viscous clutch. A viscous cooling fan's speed is determined by its fluid temperature, which is affected by the air flow through the radiator. The fan does not react immediately to the coolant temperature and in doing so causes unnecessary energy consumption. Therefore, the fuel economy of buses using viscous fans can be improved by changing to an electric cooling fan design, which can be actively controlled. In addition, electric power consumption is increased by using electric cooling fans. Thus, when electric fans are applied in conjunction with the alternator management system (AMS), the fuel economy is further enhanced. In this study, simulations were performed to predict coolant temperature and cooling fan speeds. Simulations were performed for both viscous and electric cooling fans, and power consumption was calculated. Additionally, fuel economy was calculated applying both the alternator management system and the electric cooling fan.

• Journal of the Korean Society of Manufacturing Technology Engineers
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• v.24 no.5
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• pp.576-582
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• 2015

Generally, the fuel economy of hybrid electric vehicle (HEV) is effected by the size of each component. In this study the fuel economy for HEV of our own making is evaluated using backward simulator, where dynamic programming is applied. In a competition, the vehicle is running through the road course that includes many speed bumps and steep grade. Therefore, the new driving cycle including road grade is developed for the simulation. The backward simulator is also developed through modeling each component. A performance map of engine and motor for component sizing is made from the existing engine map and motor map adapted to the HEV of our own making. For optimal component sizing, the feasible region is defined by restricting the power range of power sources. Optimal component size for best fuel economy is obtained within the feasible region through the backward simulation.

• Transactions of the Korean hydrogen and new energy society
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• v.27 no.3
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• pp.256-263
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• 2016

As the hydrogen era comes near future, hydrogen fuel cell vehicles are core of hydrogen economy. Until now, Korea has 17 hydrogen refueling stations but 9 hydrogen refueling stations have been retired already and 8 hydrogen refueling stations are still running. With a limited number of hydrogen refueling stations, it is very difficult to get scientific data for the economy of hydrogen refueling stations in Korea. Thus, based on NREL(National Renewable Energy Laboratory) study, we analyzed most recent data for the construction of hydrogen refueling stations in one specific site in Korea. The cost comparison data between Korea and USA shows 14% difference, saying higher costs of Korea. Korea looks 5 years delay compared to USA. This data will be an important tool for the investment from every industrial parties.

• Proceedings of the Korean Institute of Resources Recycling Conference
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• 2001.05b
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• pp.69-73
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• 2001

• Journal of Environmental Science International
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• v.24 no.9
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• pp.1139-1144
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• 2015

The gross domestic product(GDP) measures the welfare of a nation's economy through the aggregation of products and services produced in a nation. Although GDP is a proficient measure of the magnitude of the economy, many economists, environmentalists, and citizens have recently criticized the gross domestic product. The criticism stems from the fact that this measurement of domestic product does not account for environmental degradation and resource depletion. We need to estimate the environmentally adjusted net domestic product. The gross domestic product was 913 trillion won while environmental protection expenditure was 32.9 trillion won by monetary accounts of Korea, 2010. Loss of natural assets was 76.6 trillion emwon by emergy analysis of Korea, 2010. The Green GDP was accounted for 88.0% of the GDP to 803.5 trillion won.

• Proceedings of the Korea Information Processing Society Conference
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• 2023.11a
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• pp.264-267
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• 2023

The circular economy approach in the coffee supply chain promotes a more sustainable, environmentally friendly, and socially responsible coffee industry. It aims to reduce the environmental impact of coffee production and consumption while ensuring the long-term viability of coffee farming communities and ecosystems. However, there are many challenges in the traditional circular economy coffee supply chain. Hence, this paper undertakes a comparative analysis between the traditional circular economy coffee supply chain and its integration with blockchain. As a result, we display the benefits of incorporating blockchain technology into the conventional circular economy framework of the coffee supply chain. Additionally, this integration promises to overcome the challenges in the traditional circular economy coffee supply chain.