• 제목/요약/키워드: Internal Rate of Return

검색결과 179건 처리시간 0.023초

모자보건 증진사업에 대한 비용편익 분석 - 라오스 국가를 중심으로 - (Cost-Benefit Analysis of Maternal and Child Health Program - Focusing on Lao People's Democratic Republic -)

  • 이명선
    • 한국학교ㆍ지역보건교육학회지
    • /
    • 제15권2호
    • /
    • pp.115-125
    • /
    • 2014
  • Objectives: The purpose of this analysis was to assess the maternal and child health program in Lao PDR, which was implemented to reduce maternal and child mortality in Laos. Target areas for the project included 2 provinces (Xiengkhuang, Houaphan) with all 18 districts within them. The beneficiaries of this project included 121,000 childbearing women and 62,000 children under 5 years old (LSIS, 2012). Methods: In this study, it was done for efficiency evaluation of the assistance projects of the health sector of maternal and child health promotion program in Laos that took place from 2010 to 2013. We conducted a cost-benefit analysis for the evaluation of the effectiveness of that program was being carried out effectively. Results: This evaluation adopted the Cost-Benefit analysis approach. Key findings of the Cost-Benefit analysis are the following: The Benefit-Cost Ratio of 1.012, Net Present Value of 84,250,000 Korean Won, an estimated Internal Rate of Return of 10.12%. These findings suggest that project activities were efficiently implemented. Conclusion: As a result, maternal and child health project in Laos has been analyzed that there was economic efficiency. Therefore, It is considered necessary and continued support expansion of program in the future. The direction of maternal and child health project in Laos, approach and community policy support must be included. Integrated approach between the program approach and overall health should be performed for healthy life habit.

  • PDF

석유코크스/석탄 혼합 가스화를 이용하는 액화 공정의 경제성 평가 (Economic Assessment of a Indirect Liquefaction Process using a Gasification with Petroleum Coke/Coal Mixtures)

  • 신지훈;이루세;이시훈
    • Korean Chemical Engineering Research
    • /
    • 제54권4호
    • /
    • pp.501-509
    • /
    • 2016
  • 황함유량이 높아 독성 폐기물로서 분류되는 석유코크스를 역청탄 및 아역청탄과 혼합하여 가스화 공정을 통해 액체연료를 생산하는 공정의 경제성을 분석하였다. 공정의 경제성을 분석하기 위한 2,000 톤/일 규모의 액화 공정은 가스화, 정제, Fischer-Tropsch 전환 등으로 이루어진다. 기발표된 자료들로부터 적절한 검토 기준을 통해 건설비용 및 매출액을 산정하였고 석유코크스/석탄의 혼합비에 따른 경제성을 평가하였다. 경제성 평가 결과, 원소황의 생산과 판매 증가로 인해서 석유코크스의 경제성이 석탄보다 우수했으며 수분 함량이 낮은 역청탄과의 혼합이 보다 높은 경제성을 가지는 것으로 나타났다. 아역청탄의 경우, IRR (Internal rate of return)이 10% 이상이 되기 위해서는 석유코크스와의 혼합이 적어도 40 wt% 이상이 되어야 함을 확인하였다.

근해 수산자원 증대사업의 경제적 타당성 평가 (Economic Valuation of the Off-Shore Fisheries Stock Enhancement Project)

  • 강석규;류정곤;심성현;오태건;임병권
    • 수산경영론집
    • /
    • 제52권2호
    • /
    • pp.1-31
    • /
    • 2021
  • This study is to evaluate the prior economic feasibility of the off-shore fisheries stock enhancement project. The main findings of this study can be summarized as follows: first, offshore fisheries stock enhancement project shall be implemented by dividing them into 1st·2nd·3rd projects for efficient promotion. The 1st·2nd·3rd projects will be conducted in a total of 50 locations (the eastern sea, the western sea, the southern sea, and the jeju sea areas), and the project period per unit will be five years, which will cost 1 trillion won. Second, according to the results of the survey on public awareness, the most consumed marine species in Korea over the past year were analyzed in the order of mackerel, hairtail, squid, yellow corvina, blue crab, and cod. The dominant response to the reason for consuming marine products in Korea was healthy well-being food and safe food. In addition, 67.9% of them have hesitated to purchase offshore fish species over the past year due to high prices, indicating that they are burdened by high prices. On the other hand, 79% of the respondents said that the government's policy was insufficient, according to a survey on whether the government's coastal marine resource creation policy was sufficient. Third, as a result of preliminary economic analysis of offshore fisheries stock enhancement project, the benefit-cost ratio is 4.01, net present price is 1,283.7 billion won, and internal rate of return is 91.7% per year, which means that the economic analysis ensures the feasibility of the projects. The results of this study provide useful information on securing or organizing budgets for offshore fisheries stock enhancement project by securing economic feasibility as a national infrastructure project that increases fishery income and public benefits such as consumption of marine products.

GHG를 고려한 수소연료전지 자동차의 경제성 분석 (An Economic Feasibility Analysis of a Hydrogen Fuel-Cell Vehicle Considering GHG)

  • 양문희;김봉진;김종욱
    • 신재생에너지
    • /
    • 제1권3호
    • /
    • pp.42-50
    • /
    • 2005
  • This paper deals with the economic feasibility model and analysis of a hydrogen fuel-cell vehicle [FCV] against two similar types of non-business vehicles fueled with gasoline [GV] and diesel [DV] considering greenhouse gas [GHG]. Considering the price of vehicles and annual operating cost, we build a classical economic feasibility model. Since the economic feasibility could be affected by many input factors such as the prices of vehicles, the price of fuels, annual driving distance and so on, we estimate the average future values of input factors, which is defined as "the average case". Based on the average case, we assess the representative economic feasibility of a FCV with/without GHG, and by changing various annual driving distances, we assess its economy in terms of net-present value, internal rate of return, and payback period. In addition, we make some sensitivity analysis of its economic feasibility by changing the values of the critical input factors one at time. Based on the average case, it turns out that the consumer of a FCV could save 25,000 won/year for a GV, but the consumer could pay 120,000 won/year more for a DV. This indicates that gasoline vehicles could be replaced gradually by FCVs in Korean market which might be formed by those consumers driving annually more than approximately 14,800 km. As the results of our sensitivity analysis, it turns out that a FCV is no more economical if the difference of the prices between FCV and GV is more than 10,130,000 won or the price of hydrogen fuel could be more than 5,136 won/kg.

  • PDF

한국영화 제작자본에 대한 영상전문투자조합 정책의 기여도 평가 (An Evaluation on the Audio-visual Investment Fund's Contribution to Korean Film Production Capital)

  • 김미현
    • 한국콘텐츠학회논문지
    • /
    • 제19권9호
    • /
    • pp.212-220
    • /
    • 2019
  • 본 연구는 정부의 금융지원 정책인 영상전문투자조합이 한국영화 제작자본 조달에 기여한 정도를 평가하였다. 영상전문투자조합 정책은 1999년 중소기업청과 2000년 영화진흥위원회의 출자로 시작되었고, 이후 한국영화 제작비뿐만 아니라 문화산업 분야의 창업 초기기업과 프로젝트의 중요한 자본조달 구조로 발전하였다. 하지만 한국 영화산업의 관점에서 영상전문투자조합의 정책성과를 평가할 수 있는 기초자료가 기관별, 시기별로 산개해 있어서 일관적인 지표를 산출하기 어려웠다. 이에 본 연구는 해당 기관들의 자료를 재구성하여 1999~2017년까지 공적 출자를 통해 결성된 영상전문투자조합의 신규 결성규모, 공공 출자비율, 한국영화 투자편수 및 투자금액, 공공 출자금 및 결성액 대비 투자승수, 청산조합 수익률 등의 지표를 산출하였다. 이를 통해 영상전문투자조합 정책이 한국 영화산업의 성장에 기여한 성과를 평가할 수 있는 기초적인 토대를 제공하고자 한다.

제주지역 갈치 끌낚시 조업 자동화 시스템 개발의 경제성 분석 (An economic feasibility analysis of the automatic operation system development for hairtail trolling line in Jeju region, Korea)

  • 홍성완;양웅규;김문관;박용석;박경일;김도훈
    • 수산해양기술연구
    • /
    • 제54권2호
    • /
    • pp.164-172
    • /
    • 2018
  • This study aimed to analyze the profitability and economic feasibility of hairtail trolling line gear that was developed for the last 3 years (2015-2017). The new fishing gear technology development was accomplished to solve the current problem of fishermen shortage in hairtail targeting fisheries in Jeju region. Results indicated that the profitability of developed hairtail trolling line fishery was estimated to be 36.1 % which would be higher than that of other hairtail targeting fisheries in Jeju region. In addition, as an economic feasibility, the net present value and the internal rate of return of a 20-year cash inflow and outflow were evaluated to be 400.2 million won and 66.9 %, respectively. However, sensitivity analyses of main variables showed that the profitability and economic feasibility would be vulnerable to catch amount and market condition changes.

부산대표도서관 건립의 경제적 타당성 분석 - 4곳의 후보지를 대상으로 - (The Economic Feasibility Analysis of Busan Central Library Construction - For the Four Candidate Sites -)

  • 강희경;장덕현;이수상
    • 한국도서관정보학회지
    • /
    • 제45권4호
    • /
    • pp.409-428
    • /
    • 2014
  • 본 연구에서 부산대표도서관 건립의 입지후보지로 선정된 4곳의 입지후보지에 대하여 각각 비용편익분석과 순현재가치, 내부수익률의 방법을 활용하여 경제적 타당성을 분석하였다. 편익을 분석하기 위해 조건부가치측정법(CVM)을 활용하였으며, 지불의사금액(WTP)을 도출하기 위해 사전조사와 본조사로 구성된 두 차례의 설문조사를 수행하였다. 사전조사를 통해 각 후보지별 최적제시금액을 설계하였으며, 이를 토대로 각 5가지 유형의 제시금액을 설정하고, 본조사를 통해 각 후보지에 대한 지불의사금액(WTP)을 도출하였다. 분석 결과, 4곳 모두 부산대표도서관 건립을 위한 경제적 타당성이 있는 것으로 나타났으며, 그 중 편익-비용 비율이 가장 높은 곳은 부산시민공원 후보지임을 확인하였다.

넙치 배합사료 및 생사료의 경제성 비교분석 (An Economic Feasibility Comparison of the extruded pellets and moist pellet on the Oliver flounder Culture Farms)

  • 황진욱;김도훈
    • 수산경영론집
    • /
    • 제40권3호
    • /
    • pp.189-205
    • /
    • 2009
  • This study is aimed to analyze the economic feasibility comparison of the extruded pellets and moist pellets on the Oliver flounder culture farms in Jeju Island. In order to do this, we selected 2 farms (M and S farms) in Jeju Island as a sample. In the study, various analyses including productivity analysis, cost structure analysis, profitability and economic feasibility analysis by feed type were conducted for two sample farms of Oliver flounder culture. The results of economic analysis by feed type on the Oliver flounder culture can be summarized as follows; First, there were not significant differences in productivity by feed type. Second, results of the profitability analysis on farm M by feed type showed the profitability was estimated to be 15.52% and 9.83% in EP and MP, respectively. In addition, the profitability of farm S was estimated to be 28.37% and 33.72% in EP and MP, respectively. Third, results of the economic analysis on farm M by feed type indicated that an internal rate of return(IRR) was 8% and 7% and a benefit-cost ratio was shown to be 1.64 and 1.11 in EP and MP, respectively. Furthermore, the economic analysis of farm M by feed type showed that an IRR was 19% and 24% and a benefit-cost ratio was calculated to be 1.4 and 1.51 in EP and MP, respectively. In summary, it is especially emphasized that economic valuation is not related to feed types (EP and MP). Finally, in order to improve the economic feasibility, it should be more focused on the efficient business management of the Oliver flounder aquaculture.

  • PDF

원예부문 연구 및 지도 사업의 투자효과 분석 (Returns to Investment on Research and Extension in Korean Horticulture)

  • 강경하;이민수;최영찬
    • 농촌지도와개발
    • /
    • 제7권2호
    • /
    • pp.257-277
    • /
    • 2000
  • The objectives of this study are to investigate the relationship between the growth of the horticultural sector and horticultural research and extension and to examine the socioeconomic returns to investment on research and extension in Korean horticulture. Data for horticultural production values, producer price indices and research and extension budgets for horticultural sector from 1965 to 1998 are collected from various sources. Multi-variate time series analysis technique with vector auto-regression model and Akino-Hayami Formula were employed for the analysis. This study finds (1) horticultural production responds about seven years later to the horticultural research investment shock. the magnitude of the impacts increases to a peak in seventeen years from the initial expenditures and then declines slowly thereafter until twenty years. and this peak gives a tip that horticultural research impact lasts much longer than grain's or agriculture's: (2) the social surplus from research investment benefits more to the consumer rather than to the horticultural producer: (3) B/C ratios in horticultural research are quite high with the range of 9 to 55 from 1965 to 1998. but these have been decreased since the early 1990s: (4) the socioeconomic returns to horticultural research is quite high with 56 percents of internal rate of return. It remains to be analyzed returns to investment on extension in horticulture because of no statistic significance in this study.

  • PDF

태양광 설비투자에 대한 제도적 유인방안 연구: 감가상각법의 경제적 효과 분석 (The Effects of Depreciation Methods on Investment Motivation for Solar Photovoltaic Systems)

  • 김경남
    • 신재생에너지
    • /
    • 제16권4호
    • /
    • pp.65-75
    • /
    • 2020
  • The value of tangible assets depreciates over their useful life and this depreciation should be adequately reflected in any tax or financial reports. However, the method used to calculate depreciation can impact the financial performance of solar projects due to the time value of money. Korean tax law stipulates only one method for calculating the depreciation of solar photovoltaic facilities: the straight-line method. Conversely, USA's tax law accepts other depreciation methods as solar incentives, including the modified accelerated cost recovery system (MACRS) and Bonus depreciation method. This paper compares different depreciation methods in the financial analysis of a 10 MW solar system to determine their effect on the financial results. When depreciation was calculated utilizing the MACRS and Bonus depreciation method, the internal rate of return (IRR) was 10.9% and 16.4% higher, respectively, than when the Korean straight-line depreciation method was used. Additionally, the increased IRR resulting from the use of the two US methods resulted in a 20.5% and 27.4% higher net present value, respectively. This shows that changing the depreciation calculation method can redistribute the tax amount during the project period, thereby increasing the discounted cash flow of the solar project. In addition to increasing profitability, USA's depreciation methods alleviate the uncertainty of solar projects and provide more flexibility in project financing than the Korean method. These results strongly suggest that Korean tax law could greatly benefit from adopting USA's depreciation methods as an effective incentive scheme.