• Title/Summary/Keyword: Partial Equilibrium

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Forecasting of Chestnut's Supply and Demand by the Partial Equilibrium Market Model (부분균형 시장모델에 의한 밤 수급 예측)

  • Jung, Byung Heon;Kim, Eui Gyeong;Joo, Rin Won
    • Journal of Korean Society of Forest Science
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    • v.97 no.4
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    • pp.458-466
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    • 2008
  • This study was carried out to forecast long-term supply and demand of chestnut and to analyze the impacts of change in the environment of domestic and international chestnut markets. For these ends, the study developed a partial equilibrium market model, in which in-shelled chestnut market was vertically linked to shelled chestnut market. To examine the predictive ability of the model for the endogenous variables ex-post simulation was run for the period 1990 through 2003. In general, all endogenous variables reproduced the historical trends during the period except for disuse areas and newly established areas. The results of forecasting supply and demand show that domestic in-shelled chestnut production is estimated to decrease slightly from 76,447 ton in 2005 to 76,286 ton in 2020 and that exports of shelled chestnut continue to be decreased.

ITERATIVE ALGORITHMS AND DOMAIN DECOMPOSITION METHODS IN PARTIAL DIFFERENTIAL EQUATIONS

  • Lee, Jun Yull
    • Korean Journal of Mathematics
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    • v.13 no.1
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    • pp.113-122
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    • 2005
  • We consider the iterative schemes for the large sparse linear system to solve partial differential equations. Using spectral radius of iteration matrices, the optimal relaxation parameters and good parameters can be obtained. With those parameters we compare the effectiveness of the SOR and SSOR algorithms. Applying Crank-Nicolson approximation, we observe the error distribution according to domain decomposition. The number of processors due to domain decomposition affects time and error. Numerical experiments show that effectiveness of SOR and SSOR can be reversed as time size varies, which is not the usual case. Finally, these phenomena suggest conjectures about equilibrium time grid for SOR and SSOR.

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A Study on the Electrochemical and Thermodynamic Properties of Hydrogen Absorbing Alloys (수소저장합금의 전기화학 및 열역학적 특성에 관한 연구)

  • Park, Chan-Kyo;Cho, Tae-Hwan
    • Transactions of the Korean hydrogen and new energy society
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    • v.5 no.2
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    • pp.65-71
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    • 1994
  • Electrochemical and thermodynamic properties of $MmNi_5$ and the related alloys for nickel-metal hydride battery(Ni-MH) were studied in terms of the equilibrium hydrogen pressure. $MmNi_5$ alloy with high equilibrium hydrogen pressure(10~20atm at room temperature), which is usually difficult to charge, was substituted for Al in part. Partial substitution of Al made not only the equilibrium pressure to be reduced remarkably, but also the enthalpy change depending on the formation of metal hydride to be agreed to the value in gas phase reaction and electrochemical reaction. Besides the composition of Al which can be given the maximum discharge capacity was turned out to be between the 0.5~1.0 atoms of Al.

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A Study on Equilibrium of $NH_4NO_{3(s, aq)}-HNO_{3(g)}-NH_{3(g)}$ in Urban Atmosphere (도시 대기중에서 $NH_4NO_{3(s, aq)}-HNO_{3(g)}-NH_{3(g)}$의 평형에 관한 연구(II))

  • 천만영;이영재;김희강
    • Journal of Korean Society for Atmospheric Environment
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    • v.9 no.2
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    • pp.154-159
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    • 1993
  • Theoretical prediction of the equilibrium of temperature and relative humidity dependance involving $HNO_{3(g)}-NH_{3(g)}$ and $NH_4NH_{3(s, aq)}$ was compared with atmospheric measurement of particulate nitrate$(NO_3^-)$, Ammonia-Nitric Acid partial pressure product $([$NH_{3(g)}][HNO_{3(g)}]ppb^2$) by a triple filter pack sampler from Oct 1991 to July 1992. The measured $HNO_3NH_3$ concentration product K was greater than equilibrium constant $K_p$ calculated from thermodynamic data of $NH_4NO_{3(s, aq)}-HNO_{3(g)}-NH_{3(g)}$ during fall, winter and spring. But K was lower than $K_p$ in summer. K was greater than $K_p$ as the result of supersaturation by air pollution, particularly anthropogenic $NH_3$.The reason of $K < K_p$ was due to removal of particulate nitrate$(NO_3^-)$ by rainout and washout. $NH_4NO_3$ which consists mainly of particulate nitrate is formed by reaction between $HNO_3$ and $NH_3$. As a result of the removal of particulate nitrate$(NO_3^-)$ by rainout and washout, concentrations of $HNO_3$ and $NH_3$ are decreased by equilibrium transfer(Le Chatelier's Law) in atmosphere.

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A Study on Synthetic OD Estimation Model based on Partial Traffic Volumes and User-Equilibrium Information

  • Cho, Seong-Kil
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.7 no.5
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    • pp.180-183
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    • 2008
  • This research addresses the problem of estimating Origin-Destination (O-D) trip matrices from link volume counts, a set of unobserved link volumes and information of user equilibrium flows in transportation networks. A heuristic algorithm for estimating unobserved link flows is derived, which provides volume estimates that are approximately consistent with both observed flows and an assumption of user equilibrium conditions. These estimated link volumes improve the constraints associated with the synthetic OD estimation model, providing improved solution search procedure. Model performance is tracked in terms of the root mean square errors (RMSE) in predicted travel demands, and where appropriate, predicted linked volumes. These results indicate that the new model substantially outperforms existing approaches to estimating user-equilibrium based synthetic O-D matrices.

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SO2 Concentrations and Health Damages under Alternative US-EPA Policies (US-EPA 정책하에서의 SO2 농도와 건강피해)

  • Hlasny, Vladimir
    • Environmental and Resource Economics Review
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    • v.18 no.3
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    • pp.393-430
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    • 2009
  • This study uses a computable partial-equilibrium model of the U.S. energy industry to evaluate sulfur dioxide concentrations under two environmental policies. The policies, generator-level emission caps and tradable allowances, are selected to yield identical aggregate emissions. Regional concentrations are found to vary across the two policies significantly. These variations translate into different losses for individual states, and, nationwide, to differences of hundreds of millions of dollars in aggregate health damages. Emission caps outperform allowances by $452 million. Caps favor the southwestern, south-central and southeastern states, where they deliver $840 million lower damages than the other policies, while they deliver $390 million higher damages In northern and northeastern states.

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Thermal Behavior of the Nuclear Graphite Waste Generated from the Decommissioning of the Nuclear Research Reactor (연구로 해체시 발생되는 흑연폐기물의 열적 거동)

  • 양희철;은희철;이동규;조용준;강영애;이근우;오원진
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2004.06a
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    • pp.105-114
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    • 2004
  • This study investigated the thermal behavior of the nuclear graphite waste generated from the decommissioning of the Korean nuclear research reactor, The first part study investigated the decomposition rate of the nuclear graphite waste up to $1000^{\circ}C$ under various oxygen partial pressures using a thermo-gravimetric analyzer (TGA). Tested graphite waste sample not easily destroyed in the oxygen-deficient condition. However, the gas-solid oxidation reaction was found to be very effective in the presence of oxygen. No significant amount of the product of incomplete combustion was formed even in the limited oxygen concentration of 4% $O_2$. The influence of temperature and oxygen partial pressure was evaluated by the theoretical model analysis of the thermo-gravimetric data. The activation energy and the reaction order of graphite oxidation were evaluated as 128 kJ/mole and 1.1, respectively. The second part of this study investigated the behavior of radioactive elements under graphite oxidation atmosphere using thermodynamic equilibrium model. $^{22}Na$, $^{134}Cs$ and $^{137}Cs$ were found be the semi-volatile elements. Since volatile uranium species can be formulated at high temperatures above $1050^{\circ}C$, the temperature of incinerator furnace should be minimized. Other corrosion/activation products, fission products and uranium were found to be the non-volatile species.

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An Analysis of Production and Marketing Control Effect of Aqua-cultured Flounder Using Supply and Demand Models (수급모형을 이용한 양식넙치의 생산 및 출하조절 효과분석)

  • Ko, Bong-Hyun
    • The Journal of Fisheries Business Administration
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    • v.47 no.4
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    • pp.65-75
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    • 2016
  • The purpose of this study was to analyze the production and marketing control effects of aqua-cultured flounder required for stable income growth of aqua-cultured household. We analyzed the supply and demand structure of cultured flounder using the partial equilibrium model approach. And we estimated the optimal yield of cultured flounder and analyzed the effect of marketing control through constructed model. The main results of this study are summarized as follows. First, the fitness and predictive power of the estimated model showed that the RMSPE and MAPE values were less than 5% and Theil's inequality coefficient was very close to 0 rather than 1. It was evaluated that the prediction ability of the aqua-cultured flounder supply and demand model by dynamic simulation was excellent. Second, dynamic simulation based on policy simulation was conducted to analyze the price increase effect of production and shipment control of cultured flounder. As a result, if the annual production volume is reduced by 1%, 5%, and 10% among 32,852~37,520 tons, it is analyzed that the price increase effect is from 1.2% to 12.5%. Finally, this study suggests that the production and marketing control can increase the price of aqua-cultured flounder in the market. In this paper, we propose a policy implementation of the total supply system instead of conclusions.

An Analysis of the Impact of Coronavirus Disease (COVID-19) on the Korean Beef Cattle Market and Farm Labor Demand for Korean Beef Cattle (코로나19가 한육우 시장 및 한육우 농가 인력수요에 미치는 영향분석)

  • Kim, In-Seck
    • Korean Journal of Organic Agriculture
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    • v.28 no.2
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    • pp.171-188
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    • 2020
  • The Coronavirus disease (COVID-19), first identified in China in December 2019, has widely spread worldwide and is an ongoing pandemic. It is expected that the ripple effect of COVID-19 on the global economy including the agricultural sector will increase substantially if not properly controlled shortly. This study examines the potential impact of COVID-19 on the Korean beef cattle sector and farm labor demand for Korean beef cattle using a dynamic partial equilibrium model. The agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming pessimistic GDP growth rate (-1.2% in 2020) with no direct supply shocks fell by up to 4.00% and 0.67%, respectively, compared to the baseline which represents the future without COVID-19 outbreak. On the other hand, the agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming both pessimistic GDP growth rate and supply shocks (-12.7% beef imports and + 2.4% feed cost in 2020) increased by up to 12.08% and 1.99%, respectively, compared to the baseline.

An Analysis of the Impact of US Beef Import Tariff Rate Changes on the Korean Beef Cattle Market (미국산 쇠고기 수입관세율 변화가 한육우 시장에 미치는 영향분석)

  • Kim, Da-Hae;Kim, In-Seck
    • Korean Journal of Organic Agriculture
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    • v.28 no.1
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    • pp.31-57
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    • 2020
  • Korea-US FTA amendment became effective January 1, 2019 through several trade negotiations between the two countries. These amendments did not include changes in the agricultural sector. However, given the policy direction of the Trump administration, it is difficult to be certain that the existing Korea-US FTA on the agricultural sector will remain unchanged. This study examines the potential impact of changes in the US beef import tariff rates under the Korea-US FTA, which is progressively eliminated until 2026 using a dynamic partial equilibrium model. The modelling system is simulated with 100% decreases of tariff rates over 2020~2026 period and then compared to the baseline which is developed based on the current Korea-US FTA tariff rates. According to the scenario analyses results, 100% decreases of US beef tariff rate lowered Korean beef cattle production value up to 4.23%. Looking at this change in terms of absolute value rather than percentage, the total production value over 2020~2026 is expected to decrease by 815 billion won compared to Baseline. This reduction in production value in dynamic analysis is 67 billion won higher than the comparative static analysis.