• Title/Summary/Keyword: Partial Budget

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Economic Impacts of Invasive Pests under Climate Change: A Case of Lycorma delicatula (기후변화에 따른 미발생 병해충 피해 경제적 영향 분석: Lycorma delicatula의 사례를 중심으로)

  • An, Hyunjin;Cho, Sung Ju;Oh, Saera;Jung, Jae-Min
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.7
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    • pp.415-422
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    • 2018
  • Lycorma delicatula, known as spotted lanternfly, is a planthopper native to Southeast Asia, including Vietnam, India and South China. This species damages local fruit trees and has spread rapidly in South Korea in recent years. The purpose of this study is to present the methods and estimation results pertaining to the risk of invasive species like Lycorma delicatula. We used a partial budget (PB) method to assess direct income reduction of farm households and a partial equilibrium (PE) model to examine social welfare change from the outbreak of Lycorma delicatula. We also estimated the future economic impacts of Lycorma delicatula under various climate scenarios considering habitat suitability. As climate change progresses, domestic ecosystems are expected to become increasingly vulnerable to pest outbreaks leading to further economic damage. We believe that this study can be a base to evaluate efficiency of the national pest control and quarantine system.

A Study on Estimating the Optimum Proportion and Size of Basic Research Budget from an Economic Point of View (경제적 관점에서 본 기초연구예산의 적정 투자 비중과 규모 추정에 관한 연구)

  • Pak, Cheolmin;Ku, Bonchul
    • Journal of Technology Innovation
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    • v.25 no.3
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    • pp.51-82
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    • 2017
  • In terms of both economic growth and social welfare, this paper discusses the optimal proportion and size of basic research budget by adding knowledge stock to an endogenous growth model. On the basis of the modified endogenous growth model, this paper derived an equation that consists of kinds of parameters and suggested this equation as a criterion for determining whether allocated basic research budget has been appropriate. This paper also found that the theoretical optimal ratio between government investment spending and investment in basic research is equal to the ratio between the partial elasticity of output with respect of public capital stock and the partial elasticity of output with respect of knowledge stock. In addition, after the required parameters were specified based on precedent literatures, this paper estimated an optimum size of the basic research budget using the theoretical optimal ratio with official statistical records and compared the estimated size to its actual size. This paper therefore is expected to contribute to budget planning and allocation regarding establishing basic research policy, because the results of this paper presents a useful criterion for optimum level and an approximate size of investment in basic research. However, it should be noted that although the optimal solution is optimal in a economic sense, it may not be the best solution from a practical perspective.

Application of Fuzzy Theory and Analytic Hierarchy Process to Evaluate Marketing Strategies

  • Yu, C.S.;Tzeng, G.H.;Li, H. L.
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 1998.06a
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    • pp.352-357
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    • 1998
  • Conventional marketing research generally focuses on a single layer's benefit. A notable example is the consumer layer providing managers with partial market information to evaluate relevant strategies. As generally known, marketing management encounters complex supply and demand behaviors, thereby necessitation that a successful marketing strategy adopt multi-layer considerations, such as the consumer layer, channel-retailer layer, and marketing planner layer. In light of above situation, this study applies fuzzy theory and the analytic hierarchy process(AHP) technique to analyze the performances of marketing strategies under multi-layer benefits, In addition, conventional marketing research has difficulty in efficiently allocating the limited budget so that each desired criterion can be significantly enhanced by a group of events. Therefore, a weighting structure among the goal, layers, criteria, and strategies(i.e. a group of events) is also developed herein to trace the influential process and assist marketing managers in efficiently allocating resources(i.e.budget).

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A Study on Standard Unit Price Analysis of e-learning & Postal Distance Learning (인터넷 및 우편 원격 기관 훈련비용 기준단가 분석 연구 공학교육에 관한 연구)

  • Rha, Hyeon-Mi
    • Journal of Engineering Education Research
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    • v.14 no.3
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    • pp.61-71
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    • 2011
  • Korea has introduced the levy-grand system in the vocational learning finance. The standard unit price system of training cost was utilized in the distribution of training budget and the reimbursement system including total or partial training cost return has been operated in the corporate training after completing the learning course particularly. The standard unit price was calculated in the base of analyzing on supporting budget by the government per training institutions and corporate payment decision to learning institutions. The proposing standard unit price system of training cost was analyzed in the current standard price unit of training cost and then an improvement policy and the implication are derived from it. At the result of this study, the current government supporting level to e-learning and postal distance learning indicates good status.

Economic Analysis on the Technology to shorten the Raising Term for Korean Cattle -Based on the results of empirical farm that manufactures and feeds his own TMR feed- (한우 비육우 사육기간 단축기술에 대한 경제성 분석 -자가TMR 제조·급여 실증농가를 대상으로-)

  • Chae, Yong-Woo;Yun, Jin-Woo;Kim, SeongSup
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.11
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    • pp.833-842
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    • 2020
  • The purpose of this study is to analyze the economic feasibility of technology developed by the National Institute of Animal Science used to shorten the raising term of Hanwoo cattle. This technology can address the increasing proportion of feed cost to operating expenses in the industry. The technology maintains quality by high nutrition breeding during the growing period while shortening the fattening period compared to conventional methods for castrated cattle. Our analysis employs the partial budget method, and results are as follows. First, we found that the ratio of shipment in age of less than 29 months has been increasing. Second, the statistical test finds that both the reduction in age of the months for shipment and the increase in dressed weight annually are significant. Third, the benefit of introducing the technology with the self-manufactured TMR accounts for 467,990 won per head/time. This result is strong evidence for prioritizing and extending pilot projects. In order to further expand this technology in the future, problems, limitations, and obstacles to introduction should be additionally disclosed for participating and non-participating farms after conducting the pilot project.

Partial Budget Modeling of Economic Losses of Aujeszky's Disease (부분예산분석을 이용한 오제스키병 발생 농가의 경제적 손실 추정)

  • Pak, Son-Il;Park, Choi-Kyu;Moon, Oun-Kyong;Yoon, Hachung;Lee, Byeong-Yong;Lee, Sang-Jin
    • Korean Journal of Veterinary Research
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    • v.49 no.4
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    • pp.329-334
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    • 2009
  • Aujeszky's disease (AD) is a respiratory, infectious viral illness associated with high mortality, especially in neonatal piglets and has frequently been considered an economically important disease in many endemic countries. Although AD is still occurring in a geographically defined region in Korea, little attention has been paid to the economics of AD. In this study, partial budget technique was used to develop a simulation model to measure financial losses following the disease epidemic in a swine operation utilizing stochastic or deterministic parameters from the literatures and the index case herd of AD occurred in 2005, where available and applicable. For the infected case herd with a 12500-pig, the total economic loss for this operation was estimated to be about 199 million Korean won (95% confidence interval [CI] 148,645,000-250,741,000). Given net loss due to death of a pig at sow level was 119,000 won, total loss for the case herd with 1200 sows accounted for 143 million won (95% CI 92,599,000-193,729,000). The net loss of the death of one pig at growing and fattening level resulted in loss of 46,000 won (95% CI 40,000-53,000) and 126,000 won (95% CI 122,000-131,000), respectively. Taking into account for the number of pigs raised in the case herd, total loss amounted to 8 million won (95% CI 7,167,000-9,347,000) and 12 million won (95% CI 11,959,000-12,891,000), for growers and fatteners, respectively, assuming 63% of saved feed intake when a pig dies halfway through the respective period. Under the model's assumptions, suckling pig mortality was the major factors of loss in estimating the economic consequences (approximately 71.8% of the total loss). The high economic losses of a herd infected with AD suggest that the effective and region-specific control measures should be implemented in disease endemic foci.

The collection and preservation of national literature (국가문헌의 수집과 보존)

  • 김남석
    • Journal of Korean Library and Information Science Society
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    • v.15
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    • pp.79-111
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    • 1988
  • The purpose of this study has its meaning to indicate the direction on collection and preservation of national literature which is one of the must important functions of the Central National Library. The Central National Library is, however, a representative library of our country and collect every kind of literature and to meet the requests of its users, the present situation of The Central National Library can't be performed sufficiently on these actions. According to studies of this paper, it have suggested the following five methods as a method of collecting national literature. First, the method by registering copyright endowing the number of copyright like ISBN. Second, the method a n.0, pplied by revising and su n.0, pplementing present legal deposit system. Thirdly, the method that the central one institution secure national budget collect literature of nation i.e., central intensive collection one. Fouthly , method of collecting literature by partial charge through local library networks. Fifthly, method by subject intensive collecting. As the preserving method of national literature, this research has indicated the following two ways. First, to keep the literatures forever, the method of The Central National Library keeps records as a limited volume. Second, The method of dispersing records as the local libraries. To put these methods into practice, it must be preceded that not only national helps, budget secures are needed but special committee must be organized to keep and preserve national literatures and material range also be extended and bibliographies for information data issuing must be worked out.

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Economic Evaluations of Facility Farms by the Introduction of Mango Ultra-High Density Pot Cultivation (망고 초밀식 화분재배 도입 시설농가의 경제성 평가)

  • Jeong, U Seok;Kim, Seongsup
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.3
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    • pp.279-290
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    • 2021
  • This study evaluated the economic feasibility of facility farms according to the introduction of the ultra-high density pot cultivation (UHDPC) for mango. The basic model was selected as a representative farmhouse case in the Jeonnam region, and seven scenarios for conventional crops were tested. The economic feasibility of crop switching was analyzed through partial budget analysis (PBA). The PBA analysis results were supplemented by adding a sensitivity analysis and a break-even point (BEP) analysis. As a result of the analyses, it was found that crop conversion was economical because the increase in the profit coefficient was greater than the increase in the loss coefficient due to the introduction of mango for all conventional crops. The economics of introducing mango was more sensitive to changes in gross income than to changes in cost items. The results show the detailed conditions of crop selection according to the conditions and preferences of individual farms by presenting the direction of increase and decrease by budget item and information on the amount of increase or decrease. In particular, the BEP analysis result, which is about half of the farms case, is significant in that it presents the minimum target value according to production and market risks.

Welfare assessment traits, milk quantity and quality, and profitability of Anatolian buffalo cows confined in closed-tied or semi-open free-stall barns can be affected by supplementary feeding at milking

  • Ibrahim Cihangir Okuyucu;Ahmet Akdag;Huseyin Erdem;Canan Kop-Bozbay;Samet Hasan Abaci;Ali Vaiz Garipoglu;Esin Hazneci;Nuh Ocak
    • Animal Bioscience
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    • v.37 no.6
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    • pp.1110-1120
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    • 2024
  • Objective: This study was conducted to evaluate the effect of offering (OSF) or not (NSF) supplemental feed at milking on temperament (TS), udder hygiene (UHS) and body condition (BCS) scores, and milk yield per milking (MYM), milk quality traits, and profitability of primiparous Anatolian buffalo cows at 90 days of lactation confined in closed-tied (CB) or semi-open free-stall (OB) barns. Methods: In Experiment I, 108 cows were selected to encompass four treatments (OBOSF, OB-NSF, CB-OSF, and CB-NSF) of 27 cows, considering barn type (OB and CB) and supplementary feed (OSF and NSF) at milking. In Experiment II, 60 OB cows were selected to encompass one of five groups of 12 cows each: i) no supplemental feed (CON), ii) commercial concentrate (CC), iii) CC + corn silage (CCS), iv) CCS + alfalfa hay (CSA), or v) CC + ryegrass silage (CRS) at milking. Results: The TS and UHS of the OB and OSF cows were lower (better) than those of the CB and NSF cows, respectively. The OSF increased milk protein, lactose, and solids-not-fat but decreased milk freezing point and electrical conductivity compared with the NSF. The MYM and milk fat of the OB-OSF cows were higher than those of the OB-NSF and CBNSF cows. The TS and UHS of the cows negatively correlated with MYM and some milk chemicals (fat, protein, and solids-not-fat), but BCS correlated positively. The TS and milk electrical conductivity of the CCS, CSA, and CRS cows were lower than those of the CON and CC cows, but BCS, MYM, and milk fat were higher. Partial budget analysis identified a higher net profit for supplemental feed-offered groups (OB-OSF, CCS, CSA, and CRS). Conclusion: Offering roughage with concentrates at milking for indoor primiparous buffalo cows is more conducive to well-being, milk yield, milk quality, and economy.

The Technical and Financial Effects of Parenteral Supplementation with Selenium and Vitamin E during Late Pregnancy and the Early Lactation Period on the Productivity of Dairy Cattle

  • Bayril, T.;Yildiz, A.S.;Akdemir, F.;Yalcin, C.;Kose, M.;Yilmaz, O.
    • Asian-Australasian Journal of Animal Sciences
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    • v.28 no.8
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    • pp.1133-1139
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    • 2015
  • This study aimed to determine the effects of parenteral selenium (Se) and vitamin E supplementation on economic impact, milk yield, and some reproductive parameters in high-yield dairy cows in the dry period and in those at the beginning of lactation. At the beginning of the dry period, cows (n = 323) were randomly divided into three groups as follows: Treatment 1 (T1), Treatment 2 (T2), and Control (C). Cows in group T1 received this preparation 21 days before calving and on calving day, and cows in group T2 received it only on calving day. The cows in the control group did not receive this preparation. Supplementation with Se increased Se serum levels of cows treated at calving day (p<0.05). Differences in milk yield at all weeks and the electrical conductivity values at the 8th and 12th weeks were significant (p<0.05). Supplementation with Se and Vitamin E decreased the incidence of metritis, the number of services per conception and the service period, but had no effects on the incidence of retained fetal membrane. A partial budgeting analysis indicated that Se supplementation was economically profitable; cows in group T1 averaged 240.6$ per cow, those in group T2 averaged 224.6$ per cow. Supplementation with Se and Vitamin E has been found to increase serum Se levels, milk yield, and has positive effects on udder health by decreasing milk conductivity values and incidence of sub-clinical mastitis.