• Title/Summary/Keyword: General Equilibrium Model

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A Comparative Study on Economic Impacts of a China-Korea FTA and a Japan-Korea FTA using a Dynamic CGE Model (동태CGE모형을 이용한 한·일FTA와 한·중FTA의 경제적 효과 비교분석)

  • Ko, Jong-Hwan
    • International Area Studies Review
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    • v.14 no.3
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    • pp.423-453
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    • 2010
  • This study aims at quantifying potential economic effects on the Korean economy of a China-Korea FTA and a Japan-Korea FTA using a dynamic computable general equilibrium (CGE) model. Most of the previous studies on them used static CGE models. Key findings of this study are that a China-Korea FTA would lead to a higher increase in Korea's exports and economic growth than a Japan-Korea FTA and that both a China-Korea FTA and a Japan-Korea FTA would cause additional trade deficits to Korea, which would be minuscule compared to Korea' economic trade volume. Since potential economic impacts on Korea's industry output and exports by sector of a China-Korea FTA and a Japan-Korea FTA are forecast to be complementary, i.e., major sectors which would run trade deficits from a Japan-Korea FTA would run trade surpluses from a China-Korea FTA, a simultaneous pursuit of both a China-Korea FTA and a Japan-Korea FTA would be more desirable and beneficial to Korea. This study shows that a dynamic CGE model which can take explicit account of international capital mobility and ownership is required for more precise estimation of effects of the FTAs.

ESTIMATION OF THE FISSION PRODUCTS, ACTINIDES AND TRITIUM OF HTR-10

  • Jeong, Hye-Dong;Chang, Soon-Heung
    • Nuclear Engineering and Technology
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    • v.41 no.5
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    • pp.729-738
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    • 2009
  • Given the evolution of High-Temperature Gas-cooled Reactor(HTGR) designs, the source terms for licensing must be developed. There are three potential source terms: fission products, actinides in the fuel and tritium in the coolant. It is necessary to provide first an inventory of the source terms under normal operations. An analysis of source terms has yet to be performed for HTGRs. The previous code, which can estimate the inventory of the source terms for LWRs, cannot be used for HTGRs because the general data of a typical neutron cross-section and flux has not been developed. Thus, this paper uses a combination of the MCNP, ORIGEN, and MONTETEBURNS codes for an estimation of the source terms. A method in which the HTR-10 core is constructed using the unit lattice of a body-centered cubic is developed for core modeling. Based on this modeling method by MCNP, the generation of fission products, actinides and tritium with an increase in the burnup ratio is simulated. The model developed by MCNP appears feasible through a comparison with models developed in previous studies. Continuous fuel management is divided into five periods for the feeding and discharging of fuel pebbles. This discrete fuel management scheme is employed using the MONTEBURNS code. Finally, the work is investigated for 22 isotope fission products of nuclides, 22 actinides in the core, and tritium in the coolant. The activities are mainly distributed within the range of $10^{15}{\sim}10^{17}$ Bq in the equilibrium core of HTR-10. The results appear to be highly probable, and they would be informative when the spent fuel of HTGRs is taken into account. The tritium inventory in the primary coolant is also taken into account without a helium purification system. This article can lay a foundation for future work on analyses of source terms as a platform for safety assessment in HTGRs.

전기요금(電氣料金) 변동(變動)의 국민경제적(國民經濟的) 효과(效果) 분석(分析)

  • Han, Jin-Hui;Yu, Si-Yong
    • KDI Journal of Economic Policy
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    • v.19 no.3
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    • pp.195-246
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    • 1997
  • 우리나라에서 전기요금은 공공요금으로서 정부의 정책의지에 의하여 크게 영향을 받아왔다. 또한 전기요금수준 조정시 규제당국의 주된 관심은 요금인상이 국민경제에 미치는 영향, 특히 물가 및 무역수지에 미치는 영향에 있었다고 할 수 있다. 이러한 상황에서 전기요금변동의 국민경제적 영향에 대한 신뢰할 수 있는 분석결과는 올바른 정책수립에 필수적이라고 할 수 있다. 본고는 계산가능한 일반균형모형(Computable General Equilibrium model)을 이용하여 1993년도의 산업연관표를 토대로 전기요금의 인상이 물가, 수출입 등 거시변수에 미치는 효과 및 산업부문별 효과를 살펴본 것이다. 전기요금인상이 물가에 미치는 영향은 간단히 '전기요금인상률${\times}$물가가중치'라는 공식으로 계산해볼 수 있다. 이에 따르면 전기의 소비자물가 가중치가 14/1,000이므로 전기요금인상률이 4%일 때 소비자물가상승률은 약 0.056%가 된다. 그러나 전기가 타산업의 중간투입물로 사용되므로 전기요금인상은 타산업 산출물의 가격상승을 유발하고 다시 투입-산출관계에 의하여 추가적인 물가상승을 불러일으키게 된다. 이러한 일반균형적 효과를 모두 고려하여, 본 연구에서 계산한 소비자물가상승률은 0.083%로서 위 수치의 약 1.5배이다. 또한 본고에서는 전기요금인상에 따라 수출과 수입 모두 감소하되, 수출감소율이 수입감소율보다 크게 나타났다. 이러한 결과는 전기요금인상에 따라 전기수요가 감소하여 에너지수입이 감소하고, 그로 인해 무역수지가 개선되리라는 일부의 주장과는 매우 대조적이다. 산업별로는 전기요금인상에 따라 서비스업의 가격상승이 두드러지는 것으로 나타났는데, 이는 서비스업부문의 국내재와 수입재간의 대체가능성이 타부문에 비하여 크게 낮은 데 기인한 것으로 보인다. 본고의 결과를 전기요금이 인상되어서는 안 된다고 해석하는 것은 오류일 수 있다. 전기요금인상의 타당성은 전력산업에 대한 종합적인 미시적 분석에 기초하여야 한다.

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Condensation and coagulation of metallic species with fly ash particles in a waste incinerator (폐기물 소각시 생성되는 유해 중금속물질과 연소실내 비산재와의 응축, 응집 현상에 대한 연구)

  • Yu, Ju-Hyeon;Hwang, Jeong-Ho
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.21 no.2
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    • pp.264-274
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    • 1997
  • A numerical analysis on condensation and coagulation of the metallic species with fly ash particles pre-existing in an incinerator was performed. Waste was simplified as a mixture of methane, chlorine, and small amounts of Pb and Sn. Vapor-phase amounts of Pb- and Sn -compounds were first calculated assuming a thermodynamic equilibrium state. Then theories on vapor-to-particle conversion, vapor condensation onto the fly ash particles, and particle-particle interaction were examined and incorporated into equations of aerosol dynamics and vapor continuity. It was assumed that the particles followed a log-normal size distribution and thus a moment model was developed in order to predict the particle concentration and the particle size distribution simultaneously. Distributions of metallic vapor concentration (or vapor pressure) were also obtained. Temperature drop rate of combustion gas, fly ash concentration and its size were selected as parameters influencing the discharged amount of metallic species. In general, the coagulation between the newly formed metal particles and the fly ash particles was much greater than that between the metal particles themselves or between the fly ash particles themselves. It was also found that the amount of metallic species discharged into the atmosphere was increased due to coagulation. While most of PbO vapors produced from the combustion were eliminated due to combined effect of condensation and coagulation, the highly volatile species, PbCl$_{2}$ and SnCl$_{4}$ vapors tended to discharge into the atmosphere without experiencing either the condensation or the coagulation. For Sn vapors the tendency was between that of PbO vapors and that of PbCl$_{2}$ or SnCl$_{4}$. To restrain the discharged amount of hazardous metallic species, the coagulation should be restrained, the number concentration and the size of pre-existing fly ash particles should be increased, and the temperature drop rate of combustion gas should be kept low.

The Relationship Between Congestion Pricing and In-vehicle Crowding Level in Public Transport (혼잡통행료 징수와 대중교통 차내 혼잡수준의 관계)

  • YU, Sang-Gyun;BAE, Gi-Mok
    • Journal of Korean Society of Transportation
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    • v.34 no.6
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    • pp.510-522
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    • 2016
  • In studies involving public transport, social welfare improvement is simply explained by the increase in public transport demand. However, the increase in the demand for public transport is mostly observed by the change in the frequency of public transport service, and in-vehicle crowding in public transport has not been an object of concern. This study examines and tries to reveal the cause of the changes of the social welfare and in-vehicle crowding of the changing public transport from imposing congestion pricing. We observe that congestion pricing increases in-vehicle crowding in public transport. This predictable phenomenon is more exacerbated in case of not operating bus-only lane. It should be noted that in-vehicle crowding is more increased in suburban, but in First-best toll system it tends to get worse less than it in other congestion pricing systems. We identify that the change of in-vehicle crowding is affected by the change of proximity of the housing to workplace, the number of commuting trips, and unpredictable distortion effect of the congestion charge.

The Advantageous Bargaining Sequence in Sequential Bargaining with Multiple Parties (다수의 상대방과 연속 거래시의 유리한 거래 순서에 대한 연구)

    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.209-222
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    • 1997
  • In this paper, we study a bargaining order problem where one buyer sequentially bargains with two sellers whose reservation prices are unknown to the buyer but correlated. Our main question is who the buyer should bargain first with to maximize his expected payoff. This type of problem is widely applicable to business and political situations where one party negotiates with multiple parties sequentially. One of the most important element in a sequential bargaining is "linkage effect" which exists when the aggreement of the previous bargaining affects the outcome of the following bargaining. To examine "linkage effect", we assume that the sellers'objects are similar so that the sellers' reservation prices are correlated. In addition, to consider incomplete information aspect regarding reservation prices, it is assumed that the sellers' reservation prices are unknown to the buyer. That is, we deal with one sided incomplete information case. In our model, there are two stages in each of which the buyer meets one seller. Since we are concerned with the bargaining order, we consider two different bargaining orders. Using game theory, we find a perfect Bayesian equilibrium and compute the buyer's expected payoff for each bargaining order. Finally we identify the advantageous bargaining order for the buyer by comparing the expected payoffs obtained under two different bargaining orders. Our results are as follows: the advantageous bargaining order depends on the prior probability of the seller type. However, in general, the buyer should bargain first with the seller whose object is less valuable to the buyer. The basic reason for our result is that the buyer wants to experiment in the first stage to find out the sellers' reservation prices and in doing so, to minimize the experimental cost and maximize potential gain in case of negotiation failure in the first stage. in the first stage.

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The Economic and Environmental Impact of the Small Hydropower Development in Korea: A CGE Analysis (소수력 발전 확대의 경제.환경적 효과: 연산일반균형모형 분석)

  • Kim, Jae-Joon;Park, Sung-Je
    • Proceedings of the Korea Water Resources Association Conference
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    • 2011.05a
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    • pp.106-106
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    • 2011
  • 소수력은 온실가스 배출량이 적은 친환경 청정에너지원이면서 지역의 분산전원에 기여할 수 있는 유용한 자원으로 평가되고 있다. 이러한 여건은 소수력발전 사업이 전력의 smart grid 구축 효과로 인해 가장 큰 효율성을 달성할 수 있을 것으로 기대된다. 국내 소수력발전은 1500Mw의 부존량을 가진 것으로 평가되고 있으나 계절적 편중으로 인한 가동률 부족, 경제성 부족 등으로 활발한 보급이 이루어지지 않고 있다. 특히 신재생에너지 확대 전략에도 불구하고 지원금 등 경제적 인센티브 부족으로 인해 민간부문의 참여는 상당히 저조하다. 그럼에도 불구하고 수력에너지는 환경친화적이고 잠재성이 큰 신재생에너지로 온실가스 저감과 에너지 확보에 기여할 수 있다. 특히 수력에너지는 민간투자의 어려움이 존재하므로 정부의 장기적인 기술개발투자 및 효율성 확대 정책이 중요하다. 본 연구에서는 소수력 확대의 경제 환경적 효과를 평가해보기 위해 연산일반균형모형 (CGE :Computable General Equilibrium Model)을 구축한다. 본 연구는 다음과 같이 수행되었다. 첫째, 수력발전부문과 수도사업을 구분하고 사회회계행렬을 작성하였으며, 전력부문에서 수력발전을 포함한 다단계 생산구조를 가정하였다. 둘째, 일반균형모형 방정식 체계를 작성하고 모형의 파라미터 추정 등 보정(Calibration) 작업을 수행하였다. 셋째, 국가 중기 온실가스저감 시나리오를 적용한 전망을 수행하고 소수력 확대(투자지원) 시나리오를 구축한다. 본 연구는 저감수단으로 탄소세를 부과하였다. 끝으로, 소수력 발전 보급 확대의 경제적, 환경적 파급효과를 계산하였다. 분석결과, 소수력 발전 잠재 성장을 반영한 수력에너지 비중은 약 2020년에 약 4.5% 까지 증가하는 것으로 나타났다. 이로 인한 온실가스 저감 기여분은 약 3%에 이르는 것으로 계산 되었다. 또한 수도사업과 비에너지 제조업의 산업비중은 증가하였다. 이러한 결과는 소수력 발전 확대가 화석연료 대체를 통한 지속가능한 에너지 수요에 기여하고 지역개발과 물산업 발전 등 경제적 파급효과 등을 유발할 수 있음을 시사한다. 또한 본 연구에서 고려하지 못한 소수력 기술 개발은 에너지 대체 촉진으로 인한 온실가스 저감과 녹색성장에 기여할 것이다.

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온실가스 감축에 대한 기술진보와 탄소세수 환원의 경제적 파급효과

  • O, Jin-Gyu;Jo, Gyeong-Yeop
    • Environmental and Resource Economics Review
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    • v.21 no.2
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    • pp.371-416
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    • 2012
  • This study has developed Computable General Equilibrium (CGE) model reflecting endogenous growth economic theory, with the aim of analyzing double dividend hypothesis. This study analyzes possibility of economic growth and environmental improvement at the same time when government recycles the revenue of carbon tax to reduce existed taxes such as consumption tax, labor income tax, corporate tax. It also assesses the case of subsidy on R&D investment of renewable energy. With new and renewable generation technology adopted and disseminated, GDP loss would be lessened to a great degree. Tax recycling would provide economic gain by reducing distortion existed in the existing fiscal structure. The magnitude of economic gains from carbon tax recycling is biggest for recycling into corporate tax, and labor income tax, and then consumption tax in this order. It is also shown that double dividend effects occur in dynamic terms when government uses a carbon tax revenue to subsidize on R&D investment. At the end of the analysis period, emissions reduction would not result in GDP loss but in GDP gain. In particular, recycling into R&D increase would produce the largest and fastest GDP gain. Thus, implementing emissions reduction target would require careful consideration of economic effects by various policy instrument, including carbon tax.

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Methods of computing Toll Road Weights when Calibrating Road Networks in a Transportation Planning Model (교통계획 모형내 유료도로의 요금적용 방안에 관한 연구)

  • Kim, Eung-Cheol;Kim, Do-Hoon
    • International Journal of Highway Engineering
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    • v.11 no.1
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    • pp.47-58
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    • 2009
  • Calibrating toll roads of highway networks needs additional weights within volume delay functions not like other general highway lints. However, current methods assigning additional weights in the volume delay function of toll roads are not sufficiently enough to predict real toll road volumes measured, since it does not consider discounting rates and an extra charges. This study develops methods to improve relevant and reliable volume delay functions. Suggested ideas include a method of weighting volume delay functions considering a value of time of vehicle types, a method of weighting volume delay functions considering lane distributions of vehicles, and a method of weighting volume delay functions considering percentages of link lengths per a number of lanes of toll roads. It is found that the method of weighting volume delay functions considering lane distributions of vehicles show most reliable and appropriate results, while the first method shows overestimation and the third method does underestimation of highway link volumes. In terms of assignment methods, total OD equilibrium assignment shows better results than PCU based assignment.

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Improved analytical method for adhesive stresses in plated beam: Effect of shear deformation

  • Guenaneche, B.;Benyoucef, S.;Tounsi, A.;Adda Bedia, E.A.
    • Advances in concrete construction
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    • v.7 no.3
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    • pp.151-166
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    • 2019
  • This paper introduces a new efficient analytical method, based on shear deformations obtained with 2D elasticity theory approach, to perform an explicit closed-form solution for calculation the interfacial shear and normal stresses in plated RC beam. The materials of plate, necessary for the reinforcement of the beam, are in general made with fiber reinforced polymers (Carbon or Glass) or steel. The experimental tests showed that at the ends of the plate, high shear and normal stresses are developed, consequently a debonding phenomenon at this position produce a sudden failure of the soffit plate. The interfacial stresses play a significant role in understanding this premature debonding failure of such repaired structures. In order to efficiently model the calculation of the interfacial stresses we have integrated the effect of shear deformations using the equilibrium equations of the elasticity. The approach of this method includes stress-strain and strain-displacement relationships for the adhesive and adherends. The use of the stresses continuity conditions at interfaces between the adhesive and adherents, results pair of second-order and fourth-order coupled ordinary differential equations. The analytical solution for this coupled differential equations give new explicit closed-form solution including shear deformations effects. This new solution is indented for applications of all plated beam. Finally, numerical results obtained with this method are in agreement of the existing solutions and the experimental results.