• Title/Summary/Keyword: Non-Economic Effect

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Analysis of Decoupling Phenomenon Between Economic Growth and GHG Emissions: Dynamic Panel Analysis of 63 Countries (1980~2014) (경제성장과 탄소배출량의 탈동조화 현상 분석: 63개국 동태패널분석(1980~2014년))

  • Lim, Hyungwoo;Jo, Ha-hyun
    • Environmental and Resource Economics Review
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    • v.28 no.4
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    • pp.497-526
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    • 2019
  • The importance of "decoupling" to maintain economic growth and reduce greenhouse gases is emerging as the world has been mandated to reduce greenhouse gases since the 2015 Paris Agreement. This study covered 63 countries from 1980 to 2014 and analyzed the main characteristics and causes of decoupling phenomenon between economic growth and carbon emissions. In this study, the degree of decoupling was measured every five years. The analysis found that the decoupling rate of OECD countries and countries with large incomes was high, and that the decoupling phenomenon has accelerated worldwide since the 2000s. However, the degree of decoupling was different depending on the national characteristics. According to the results of dynamic panel model, the growth rate of manufacturing and the proportion of exports hampered decoupling, while the proportion of human capital and renewable energy had a positive effect on decoupling. Also income had a inverse U-shape non-linear effect on decoupling.

Verification of Winglet Effect and Economic Analysis Using Actual Flight of A321 Sharklet Model (A321 Sharklet 모델의 운항실적을 이용한 윙렛 장착 효과 검증 및 경제성 분석)

  • Jang, Sungwoo;Lee, Youngjae;Kim, Kangwook;Yoo, Jae Leame;Yoo, Kwang Eui
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.49 no.4
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    • pp.273-279
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    • 2021
  • Winglets are specialized wingtip devices to reduce induced drag, and they have been installed on Boeing-made aircraft since the 1980s, Airbus has also developed a winglet named 'Sharklet' since 2009 and has started providing them as an option to the A320 Family. The winglet has the effect of improving take-off performance, reducing fuel consumption, increasing payload, and increasing flight distance by reducing the induced drag generated at the tip of the wing. The purpose of this study is to analyze the actual flight data of the sharklet-installed and non-sharklet-installed models of the A321 aircraft to verify the fuel efficiency improvement due to the winglet installation, and to analyze the economic analysis accordingly. Through this, it can be used to determine the winglet installation when introducing an aircraft or to make a decision for upgrading the existing aircraft. To this end, a case study on the aerodynamic characteristics and effects of the winglet installation was conducted, and the economic analysis was verified.

The Economic Dispatch Problem with Valve-Point Effects Usinng a combination of PSO and HS (PSO-HS 알고리즘을 이용한 전력계통의 경제급전)

  • Yoon, Jae-Yeoung;Park, Chi-Yeong;Song, Hyoung-Yong;Park, Jong-Bae
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.648-649
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    • 2011
  • This Paper presents an efficient approach for solving the economic dispatch (ED) problems with valve-point effects using an combination of particle swarm optimization and harmony search. To reduce a premature convergence effect of PSO algorithm, We proposed PSO-HS algorithm considering evolutionary using harmony search algorithm. To prove the ability of the PSO-HS in solving nonlinear optimization problems, ED problems with non-convex solution spaces are solved with three different approach(PSO, HS, combination of PSO and HS)

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Does Customer Relationship Management for VIP Customers Affect Repurchase and Positive WOM in Premium Hotels? (특급호텔 서비스를 이용하는 VIP 고객 관점에서의 CRM 관계편익에 관한 연구 : 일반 고객과의 비교를 중심으로)

  • Shim, Byung-Hui;Kim, Min-Cheol;Ko, Jae-Yong;Kim, Sang-Yong
    • Journal of the Korean Operations Research and Management Science Society
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    • v.36 no.4
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    • pp.185-206
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    • 2011
  • "Does CRM benefit affect repurchase or WOM? What is difference between VIP customers and non-VIP customers on CRM benefit?" is the interesting issue on premium industry such as a hotel business. This study examines how social benefit, psychological benefits, economic benefits and customization benefits affect repurchase and positive WOM in premium hotel. Only three of the four benefits showed significant results in repurchase and positive WOM. Also interactions between customer type and benefits were different in repurchase and WOM. The results figure out that VIP customers depend on psychological benefits and customization benefits on repurchase, whereas VIP customers depend on only social benefit on WOM. This finding suggests that hotels need to develop VIP program and approach differently to increase the repurchase volume or positive WOM effect.

Negative Induced Polarization Effects for Two-Dimensional Structures (2차원 구조에 대한 음수의 유도분극 효과)

  • Kim, Hee Joon
    • Economic and Environmental Geology
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    • v.21 no.2
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    • pp.165-169
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    • 1988
  • Negative induced polarization (IP) responses are examined for two-dimensional structures using a modeling technique with finite difference method. Percent frequency effect is used for IP parameter because it can be efficiently computed by a perturbation method. Thin conductive, polarizable overburden causes obvious negative IP responses on IP pseudosection. This fact means that IP responses from resistive, polarizable body below the overburden can be masked solely as a function of the resistivity distribution. Resistive, non-polarizable body below the overburden, however, can be detected by the negative IP responses.

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The China's Strategy against Korea-China FTA and its Policy Implications (중국(中國)의 한중(韓中) 자유무역협정(自由貿易協定) 추진전략(推進戰略)과 정책적(政策的) 시사점(示唆點))

  • Ku, Ki-Bo;Hong, Jung-Ryun
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.35
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    • pp.223-247
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    • 2007
  • This paper focused on analyzing the effect against the Chinese Economy of Korea-China FTA and the trend of China-launching FTAs. And then this paper intended to deduce policy implications against the negotiations of Korea-China FTA. The points that Korea should consider in the process of the research and negotiations of Korea-China FTA are as follows: First, it is necessary that Korea should negotiate with China only in terms of the economic sector, excluding non-economic sectors which includes politics, national securities and so on. Second, Korea should put on the lists the every possible sectors that Korea has comparative advantages in. It is essential that the sectors include services in trade, TRIPs, ect. Third, the Korean government should put investment arrangements on the negotiating lists and ask China to afford a special favor to Korean investment In China. Forth, the Korean government should set the level of its tariff, considering the nation's trade deficit that Korea-China FTA will bing about.

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Meta-analysis of the Factors Related to Self-rated Health among Elderly -Focused on Psychological Dispositions, Social-Economic Status- (노인의 주관적 건강상태 관련 요인에 대한 메타분석 -사회경제적 지위, 심리사회적 요인 중심으로-)

  • Rhee, Ok-Jin
    • The Journal of the Korea Contents Association
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    • v.17 no.4
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    • pp.424-433
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    • 2017
  • The purpose of this study was to meta-analyze and compare the effect sizes of socioeconomic status and psychosocial factors on self-rated health among older adults. Also, to examine whether those effect sizes had been affected by certain moderator like gender through meta-regression analysis was attempted. A total of 487 effect sizes computed from 80 studies published in Korea before 2013 were analysed. The results of this research were as follows. Firstly, spousal support had the largest effects, followed by income, educational level, occupation, support of children, assets, non-family support, family support and social activities. Secondly, while the positive effect of non-family support on self-rated health increased for women than men, the positive effect of income decreased. The findings suggest the following; The importance of spousal support should be recognized for later life's health and the health support for those who had been bereaved must come first. Income security policies and non-family support for elderly women must be strengthened.

A Re-evaluation of Housing Wealth Effect in Korea (한국의 주택 부 효과에 대한 재고찰)

  • Kim, Jangryoul;Lee, Hangyong
    • KDI Journal of Economic Policy
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    • v.30 no.2
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    • pp.1-26
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    • 2008
  • This paper attempts to re-evaluate the size of housing wealth effect in Korea. Our focus is on the size of 'genuine' housing wealth effect, i.e., the response of consumption spending by home-owners to the changes in housing wealth. Two issues show up while we estimate the 'genuine' wealth effects using aggregate time series data: the issues around home ownership and proper measure of consumption. We first argue that it is more appropriate to use non-housing consumption, because housing consumption is in large part not of the choice of home owners but the imputed rents they do not actually choose to pay. We then proceed to address the issue of home ownership, by examining how much to revise the estimates of housing wealth effect obtained from aggregate non-housing consumption data. We construct two structural models and estimate the share of home-owners' consumption in those models' context. It is found that, if properly revised in light of the estimated consumption shares of home-owners, the magnitude of resulting housing wealth effects are larger than what simple time series regressions imply.

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The Role of Central Bank Rate on Credit Gap in Indonesia: A Smooth Transition Regression Approach

  • SUHENDRA, Indra;ANWAR, Cep Jandi
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.833-840
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    • 2021
  • This paper examines the effect of the interest rate set by Bank Indonesia on financial system stability as measured by the credit gap in Indonesia for quarterly data for the period 1976 Q1 to 2019 Q4. We suppose that the relationship between the Central Bank rate and the credit gap is non-linear. Hence, this study applies a smooth transition regression (STR) model to investigate the relationship between these variables. Our results are: first, by performing STR estimation we obtained a threshold level of Central Bank rate of 2.01. Second, a decrease in the Central Bank rate results in a reduction in the credit gap when the Central Bank rate is above or below the threshold level. The effect of the Central Bank rate is five times greater for the high regime than for the low regime. Third, we find evidence that the effect of the exchange rate, economic growth, inflation, and GDP per capita on the credit gap for the high regime is the opposite of the low regime. We suggest that policymakers need to keep the Central Bank interest rate low and stable so that the role of the bank as a financial intermediary remains stable and conducive to strengthening financial stability.

Effectiveness Analysis of Constructed Washland : (2) Economic Valuation (천변저류지 조성에 따른 효과분석 : (2) 경제적 가치 평가)

  • Yoo, Byung Kook;Kwak, Jae Won;Kim, Hung Soo;Kim, Jae Guen
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.1B
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    • pp.23-31
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    • 2010
  • The previous researches on washland construction have focused on the flood control effect or flow discharge change. In spite of the previous studies, the washland construction has lacks of representing its reasonable value and effects. Therefore, this study tried to perform the economic value analysis based on flood damage reduction, water quality improvement, ecological effectiveness, and socio-cultural effect for the washland construction plan in Topyeong-cheon basin in Changyeong-gun, Gyeongnam. The results of value analysis showed the economic value of about 87.6 billion won was estimated and this could contribute to the realization of the effect and importance of washland construction.