• Title/Summary/Keyword: Partial equilibrium analysis

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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.

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 the Impact of Changes in Kimchi Imports on the Korean Kimchi Industry (김치 수입량 변화가 국내 김치산업에 미치는 영향 분석)

  • Kim, In-Seck;Jeong, Seon-Hwa;Jeong, Ga-yeon
    • Korean Journal of Organic Agriculture
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    • v.30 no.2
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    • pp.151-170
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    • 2022
  • The demand for commercial kimchi has increased continuously for the past 20 years due to the increase in eating out demand. Although Korean kimchi industry has expanded significantly, it is still small and a large portion of domestic demand is dependent on Chinese kimchi. Chinese kimchi imports has markedly increased over the last 20 years. However, kimchi imports from China in 2021 significantly reduced due to the recently released video showing a naked man making Kimchi. Korean government has decided to apply HACCP to all imported Kimchi from October 2021 in order to improve the safety of imported kimchi. This study analyzed the effect of changes in the amount of kimchi imports due to the introduction of HACCP on the kimchi industry by using a dynamic partial equilibrium model. According to the analysis result, if imports decreased by 20% compared to the Baseline, domestic kimchi production increased from 1.8% to a maximum of 4.8%, but kimchi consumption decreased from 3.1% to 5.2%. In particular, consumption away from home decreased from 3.3% to 5.7%. It is expected that the results of this study would be used as useful data in the decision-making process of market participants and policy makers related to the kimchi industry.

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.

Hopf-bifurcation Analysis of a Delayed Model for the Treatment of Cancer using Virotherapy

  • Rajalakshmi, Maharajan;Ghosh, Mini
    • Kyungpook Mathematical Journal
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    • v.62 no.1
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    • pp.119-132
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    • 2022
  • Virotherapy is an effective method for the treatment of cancer. The oncolytic virus specifically infects the lyse cancer cell without harming normal cells. There is a time delay between the time of interaction of the virus with the tumor cells and the time when the tumor cells become infectious and produce new virus particles. Several types of viruses are used in virotherapy and the delay varies with the type of virus. This delay can play an important role in the success of virotherapy. Our present study is to explore the impact of this delay in cancer virotherapy through a mathematical model based on delay differential equations. The partial success of virotherapy is guarenteed when one gets a stable non-trivial equilibrium with a low level of tumor cells. There exits Hopf-bifurcation by considering the delay as bifurcation parameter. We have estimated the length of delay which preserves the stability of the non-trivial equilibrium point. So when the delay is less than a threshold value, we can predict partial success of virotherapy for suitable sets of parameters. Here numerical simulations are also performed to support the analytical findings.

Sensitivity Analysis of Shear Strength Parameters($C, _{\Phi}$)and Slope Angel in Slope Stability Analysis (사면 안정해석에 적용되는 지반강도정수($C, _{\Phi}$)와 사면경사 민감도 분석)

  • Baek, Yong;Bae, Gyu-Jin;Kwon, O-Il;Jang, Su-Ho;Koo, Ho-Bon
    • Proceedings of the Korean Geotechical Society Conference
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    • 2005.03a
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    • pp.179-184
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    • 2005
  • Shear strength parameters obtained from filed survey are important factors in the analysis of slope stability. In this study, sensitivity analysis was performed to evaluate the effect of input parameters on the analysis of slope stability. The input parameters selected for sensitivity analysis were slope angle, cohesion, and friction angle. Monte-Carlo Simulation method was used for calculating input parameters and the factor of safety was computed by means of limit equilibrium method. A rock slope, which has failed in the field, was used for the sensitivity analysis in the analysis of slope stability. The result of analysis shows that the factor of safety of the rock slope was a little low. From partial correlation coefficient(PPC) of input parameters determined from the sensitivity analysis, slope stability was dependant on cohesion and slope angle. The effect of friction angle was lower than that of cohesion and slope angle on slope stability.

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A Performance Comparison of the Partial Linearization Algorithm for the Multi-Mode Variable Demand Traffic Assignment Problem (다수단 가변수요 통행배정문제를 위한 부분선형화 알고리즘의 성능비교)

  • Park, Taehyung;Lee, Sangkeon
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.4
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    • pp.253-259
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    • 2013
  • Investment scenarios in the transportation network design problem usually contain installation or expansion of multi-mode transportation links. When one applies the mode choice analysis and traffic assignment sequentially for each investment scenario, it is possible that the travel impedance used in the mode choice analysis is different from the user equilibrium cost of the traffic assignment step. Therefore, to estimate the travel impedance and mode choice accurately, one needs to develop a combined model for the mode choice and traffic assignment. In this paper, we derive the inverse demand and the excess demand functions for the multi-mode multinomial logit mode choice function and develop a combined model for the multi-mode variable demand traffic assignment problem. Using data from the regional O/D and network data provided by the KTDB, we compared the performance of the partial linearization algorithm with the Frank-Wolfe algorithm applied to the excess demand model and with the sequential heuristic procedures.

Partial Confinement Utilization for Rectangular Concrete Columns Subjected to Biaxial Bending and Axial Compression

  • Abd El Fattah, Ahmed M.;Rasheed, Hayder A.;Al-Rahmani, Ahmed H.
    • International Journal of Concrete Structures and Materials
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    • v.11 no.1
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    • pp.135-149
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    • 2017
  • The prediction of the actual ultimate capacity of confined concrete columns requires partial confinement utilization under eccentric loading. This is attributed to the reduction in compression zone compared to columns under pure axial compression. Modern codes and standards are introducing the need to perform extreme event analysis under static loads. There has been a number of studies that focused on the analysis and testing of concentric columns. On the other hand, the augmentation of compressive strength due to partial confinement has not been treated before. The higher eccentricity causes smaller confined concrete region in compression yielding smaller increase in strength of concrete. Accordingly, the ultimate eccentric confined strength is gradually reduced from the fully confined value $f_{cc}$ (at zero eccentricity) to the unconfined value $f^{\prime}_c$ (at infinite eccentricity) as a function of the ratio of compression area to total area of each eccentricity. This approach is used to implement an adaptive Mander model for analyzing eccentrically loaded columns. Generalization of the 3D moment of area approach is implemented based on proportional loading, fiber model and the secant stiffness approach, in an incremental-iterative numerical procedure to achieve the equilibrium path of $P-{\varepsilon}$ and $M-{\varphi}$ response up to failure. This numerical analysis is adapted to assess the confining effect in rectangular columns confined with conventional lateral steel. This analysis is validated against experimental data found in the literature showing good correlation to the partial confinement model while rendering the full confinement treatment unsafe.

The G. D. Q. method for the harmonic dynamic analysis of rotational shell structural elements

  • Viola, Erasmo;Artioli, Edoardo
    • Structural Engineering and Mechanics
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    • v.17 no.6
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    • pp.789-817
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    • 2004
  • This paper deals with the modal analysis of rotational shell structures by means of the numerical solution technique known as the Generalized Differential Quadrature (G. D. Q.) method. The treatment is conducted within the Reissner first order shear deformation theory (F. S. D. T.) for linearly elastic isotropic shells. Starting from a non-linear formulation, the compatibility equations via Principle of Virtual Works are obtained, for the general shell structure, given the internal equilibrium equations in terms of stress resultants and couples. These equations are subsequently linearized and specialized for the rotational geometry, expanding all problem variables in a partial Fourier series, with respect to the longitudinal coordinate. The procedure leads to the fundamental system of dynamic equilibrium equations in terms of the reference surface kinematic harmonic components. Finally, a one-dimensional problem, by means of a set of five ordinary differential equations, in which the only spatial coordinate appearing is the one along meridians, is obtained. This can be conveniently solved using an appropriate G. D. Q. method in meridional direction, yielding accurate results with an extremely low computational cost and not using the so-called "delta-point" technique.