• Land and Housing Review
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• v.3 no.4
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• pp.333-341
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• 2012

The financial resources for public land banking enacted by Public Land Banking Act (2009) are LH (Korea Land and Housing Corporation) contributions, LH Bond, Land Bank revenues, etc. But, in real, the efficient funding resource is mainly LH bond. In these days, LH has experienced deep financial distress, and difficulties in issuing it's bond. Therefore, Land Banking project also has been inactivated because of poor financial resources. As Land Banking project depending its financial resources mainly on LH Bond does not have financial sustainability, it is necessary to reform the fundamental funding structure. This is the starting point for the topic of this paper. This paper suggests to reform the funding structure, and to introduce Land Bank Bond guaranteed by Government, and also to modify the accounting method of Land Bank to separate the Land Bank accounts with LH accounts. The funding structure reform can be summarized as follows; In early stage of the Land Banking project, sufficient government support by guaranteeing the Land Bank Bond is necessary. Gradually, the portion of LH's contribution can be increased in company with LH's financial distress being solved and administration being normalized. When the project reached on the stage of maturity, cash inflows by selling the reserved land can exceed the cash outflows for reserve new land. To introduce the Land Bank Bond guaranteed by government, the Public Land Banking Act (2009) should be revised. Along with this, to modify the accounting method of Land Bank, the rule for public enterprise accounting system must be partially revised.

• Journal of Korean Tunnelling and Underground Space Association
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• v.18 no.1
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• pp.95-107
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• 2016

Ground water is one of important parameters in the designs of underpass structures because urban areas are characterized by soil ground which is relatively permeable than rock ground and a high level of ground water due to low elevation. Therefore, it is important properly to predict variations of the ground water when they can affect underpass structures. In this study, a series of numerical analyses are performed to predict the variations of ground water levels considering the degree of surface imperviousness and LID(Low Impact Development) application. In turn the stability of underground structure is assessed using predicted ground water level. The results show that an increase in the impervious surface area decreases the ground water level. The application of permeable pavement as a LID facility increases the ground water level, improving the infiltration capacity of rainfall into the ground. Seasonal variations of the ground water level are also verified in numerical simulation. The results of this study suggest that reasonable designs of underpass structures can be obtained with the suitable prediction and application of the ground water level considering the surface characteristics.

• Journal of Korean Tunnelling and Underground Space Association
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• v.15 no.5
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• pp.455-468
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• 2013

In recent, various types of steel pipe-roof methods, which is reinforced by mortar after propulsion of steel pipe into the ground, have been used for the construction of trenchless underpass. Integrated steel pipe-roof has flexural stiffness and can resist against overburden load and reduce the stress acting on the concrete underpass structures. Due to arching effect, vertical and horizontal stress distribution around the steel pipe-roof is changing. In this study, therefore, the characteristic of stress distribution around the underpass induced by the construction of integrated steel pipe-roof is investigated by using numerical method. To examine the soil-structure interaction, interface element is introduced. Results show that vertical stress acting on the concrete structure placing inside the steel pipe-roof is significantly reduced due to arching effect and flexural stiffness of integrated steel pipe-roof. Design load can be reduced and effective design of underpass will be available if the earth pressure reduction due to arching effect is considered in the design stage.

• Journal of the Korean association of regional geographers
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• v.12 no.5
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• pp.595-613
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• 2006

In the debates of development gains, the general rule is that it results from actions other than those of the landowner, most notably of the public sector as in granting of permissions for the development of specific land uses and densities or through infrastructure investments, or of socio-economic forces due to a general capital accumulation in space. A huge academic literature has investigated the development gains capture that refers to the process by which a portion of or all land value increments attributed to the community effort are recouped by the public sector. Policy instruments for applying development gains capture are based on deepening land value taxation, financing infrastructure, controling land use. But one of the most basic for the efficient policy implementation is the accurate estimation of development gains. This paper estimates the development gains generated by the total 204 building land projects of Korea Land Corporation and Korea National Housing Corporation since 1995.

• Journal of the Korean Recycled Construction Resources Institute
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• v.1 no.3
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• pp.246-254
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• 2013

This study is purposed to verify the safety of the floor of the children's playground using polyolefin foam waste and rubber paving. The critical fall height, walking suitability, long term physical fatigue expectation and slipperiness were tested. Polyolefin foam wastes in thickness of 30mm, 50mm and 70mm were prepared with paving the rubber paving materials in 12mm and 15mm thickness respectively. The test on the critical fall height was carried out according to KS G 5758:2009. The floor hardness test equipment (O-Y HMA) was used for the test on hardness of the floor from a viewpoint of walking suitability and fatigue. A portable slipperiness tester (ONO PPSM) was used for slipperiness test. It was revealed from the test that the floor made of the polyolefin foam waste and rubber paving were considerably safe from a viewpoint of impact absorption. With regards to the hardness of the floor, it was shown the excellent performance in the aspects of walking and fatigue for male. But it was not suitable with walking on the shoes(middle heels) for female. And they will be very fatigue if they were in a long time walking or standing. As far as the slipperiness is concerned, it was shown that it was comparatively safe for the ordinary motions even though the surface was wet.

• Journal of Korean Society of Environmental Engineers
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• v.38 no.5
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• pp.219-227
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• 2016

As the largest source of food waste is housing, and the food waste properties are good enough to recycle, the proactive approach to conventional food waste disposal is highly regarded. This research is to examine food waste management in the Seoul Metropolitan Area (SMA) and non-SMA and to analyze the public inclination to disseminate zero-food waste system (ZFWS) with fermentation and extinction technology in multifamily housing estates. The self-administered questionnaire survey was conducted and the collected data were statistically analyzed. The main findings are summarized as follows: food waste in multifamily housing estates were retrieved by refuse truck and largely recycled for compost and forage. Also, many local governments were in favor of ZFWS, and unwilling to invest in it due to financial constraint. It's found that logistics of ZFWS is likely to be influenced by important features such as a considerable amount of cost saving, effective energy recovery, and efficient operation/management.

• Environmental Engineering Research
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• v.23 no.1
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• pp.46-53
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• 2018

This study explores the environmentally innovative and low-impact technology, a zero food waste system (ZFWS) that utilizes food waste and converts it into composts or biofuels and curtails carbon emissions. The ZFWS not just achieves food waste reductions but recycles food waste into fertilizer. Based on a fermentation-extinction technique using bio wood chips, the ZFWS was employed in a field experiment of the system installed in a large-scale apartment complex, and the performance of the system was examined. The on-site ZFWS consisted of three primary parts: 1) a food waste slot into which food waste was injected; 2) a fermentation-extinction reactor where food waste was mixed with bio wood chips made up of complex enzyme and aseptic wood chips; and 3) deodorization equipment in which an ultraviolet and ozone photolysis method was employed. The field experiment showed that food waste injected into the ZFWS was reduced by 94%. Overall microbial activity of the food waste in the fermentation-extinction reactor was measured using adenosine tri-phosphate (ATP), and the degradation rate of organic compounds, referred to as volatile solids, increased with ATP concentration. The by-products generated from ZFWS comply with the national standard for organic fertilizer.

• Land and Housing Review
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• v.4 no.1
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• pp.107-117
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• 2013

This study aimed to assess the rental housing ABS in Korea, and to suggest ways of improving the structure of existing rental housing ABS. Thus, the three major assessment for existing public rental housing ABS case can be summarized as follows : First, when viewed in terms of the accounting treatment, rental housing ABS which use the future receivables as underlying asset, can not enjoy off-balance-sheet effect. Second, when viewed from the point of financing costs, the rental housing ABS interest rate being higher than unsecure bond is very unreasonable nevertheless the ABS being off-balanced. Third, when viewed from the liquidity effect, the originator (LH) use the ABS as a means of diversifying funding in a serious liquidity crisis situation. The Improvement of rental housing ABS based on the evaluation results can be summarized into two broad. First, it is a plan to handle the off-balance-sheet effect in a way of changing the accounting treatment of rental payment. Second, it is a plan to reducing the structuring cost and interest rate in ways of multi-asset securitization structure, self-trust structure, and adopting legal CB structure.

• Geomechanics and Engineering
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• v.29 no.4
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• pp.407-420
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• 2022

Embedded piles, which are typically used in Korea, are precast piles inserted into prebored ground with cement paste. Dynamic pile tests tend to underestimate the bearing capacity of embedded piles because of the undeveloped shaft resistance prior to the curing of the cement paste and the insufficient energy transferred after the curing. In this study, a resistance combination method using the base resistance before the cement paste is cured and the shaft resistance after the cement paste is cured is proposed to obtain a combined load-settlement curve from dynamic pile tests. Two pairs of embedded piles with diameters of 600 and 500 mm are installed. Each pair comprises one pile for the dynamic pile test and another pile for the static load test. The shape of the load-settlement curve obtained using the proposed method is similar to that obtained from the static load test. Thus, the resistances evaluated using the proposed method at selected settlements are similar to those obtained from the static load test. This study shows that the resistance combination method may be used effectively in dynamic pile tests to accurately evaluate the bearing capacity of embedded piles.

• Land and Housing Review
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• v.6 no.4
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• pp.165-175
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• 2015

This study is focusing on the needs to introduce policy decision making based on identification of the definition for 'business life cycle' and 'public enterprises' for proper public enterprises management. For this purpose, the study is planning to define categorical variables for enterprise life cycle and provide basic data for public enterprises management policy. This study explored 'Korea Expressway Corporation', 'K-water', 'Korea Railroad', 'Korea Land and Housing Corporations', because of they are the public institutions recently underwent 'management normalization policy' due to rapidly increasing debt. First, there follows the analysis on priority and standard of categorical variables for quasi-market oriented SOC public enterprise life cycle by using AHP and frequency study on expert survey. Next, this study investigated and analyzed the enterprises management plan for expected 'declining period' through forecasting 'declining period' by conducting 2nd expert survey.