• Title/Summary/Keyword: Price reduction

Search Result 513, Processing Time 0.024 seconds

An Analysis of the Environmental Benefits of the Price Signal Recovery under the Current Electricity Tariff in Korea (국내 계약종별 전기요금 체계의 가격신호 회복에 따른 환경편익 분석)

  • Jae Yeob Kim;Yeonjei Jung
    • Environmental and Resource Economics Review
    • /
    • v.31 no.4
    • /
    • pp.909-930
    • /
    • 2022
  • Although the electricity tariff for each customer class in Korea has an institutional basis which can be linked to cost fluctuations caused by the increase in fuel cost, there is a situation in which it cannot be raised in a timely manner, considering the national economic burden such as inflation. There can be some disagreements about unconditionally raising electricity rates when cost increases occur. It is, however, well known that Korean domestic electricity rates are very low around the world and are in an environment in which rates are not easily adjusted. Moreover, as Korean electricity rates cannot be easily raised due to various factors, domestic electricity rates for each customer class itself have not delivered a desirable price signal for power consumption. Based on historical data such as fuel costs and power production by power source from 2017 to 2020, this study estimated how much power consumption would change if electricity rates were adjusted in 2030 and price signal distortion was resolved. As a result of the estimation, power consumption will be reduced by 9,000 GWh if the current electricity bill is adjusted to a level which can be 100% recovered even with the supply cost alone. This led to a reduction of about 3.82 million CO2tons of greenhouse gas emissions in the Korean power sector.

Risk Perception and Risk Reduction Behaviors of Fashion Product Consumers in Internet Shopping Malls (인터넷 쇼핑몰에서 패션제품 소비자의 위험지각과 위험감소행동에 관한 연구)

  • Ha, Jong-Kyung
    • Korean Journal of Human Ecology
    • /
    • v.19 no.4
    • /
    • pp.675-685
    • /
    • 2010
  • This study analyzed risk perception and risk reduction behaviors of male and female college students in their twenties who purchased fashion products in internet shopping malls. It also investigated the relationship between risk perception and risk reduction behavior as well as the ways in which groups, categorized by risk perception, differed in their risk reduction behaviors. The results of this study were as follows: first, seven factors of risk perception were identified. These were product quality, shipping, product image, payment, economic feasibility, fear of other people's reactions, and size. Six types of risk reduction behavior were also identified. These were product comparison, word-of-mouth information search, price search, preference for name-brand, service comparison, and referring to experiences. Next, a correlational analysis of the factors of risk perception and those of risk reduction behavior showed several patterns. The highest positive correlation was between economic risk perception and product comparison behavior. In addition, shipping risk perception was positively correlated with service comparison behavior and product quality and product image had a positive correlation with word-of-mouth information search behavior. Third, customers of internet shopping malls could be categorized into three groups: shipping risk perception group, high risk perception group, and product quality risk perception group. The groups were shown by factor analysis to be significantly different to each other. Finally, risk reduction behavior was investigated according to the different groups of risk perception of the internet shopping malls and the results showed significant differences among groups.

An Analysis of the Effects of Large-scale Retailer Operation Regulations on Agriculture and Fisheries (대형 유통업체 영업 규제가 농수산업에 미치는 영향 분석)

  • Kim, Dong-Hwan;Ryu, Sang-Mo
    • Journal of Distribution Science
    • /
    • v.12 no.2
    • /
    • pp.73-79
    • /
    • 2014
  • Purpose - The Korean government has revised the distribution industry development law to regulate large-scale retailer operations to protecting medium- and small-scale retailers and traditional markets. According to the revised law, large-scale retailers must follow regulations on operating hours and compulsory store closures two days per month. Based on the revised distribution industry development law, most local governments regulate operation hours and they have adopted compulsory closure programs for large-scale retail stores. However, it is argued that fresh food producers suffer from a decrease in sales based on the compulsory closure of stores operated by large-scale retailers. Large-scale retailers reduce their fresh food orders from agricultural and fishery producers because of the compulsory store closures. Fresh food producers also suffer from a decrease in prices because reduced orders lead to a decrease in auction prices based on the availability of excess goods in wholesale markets. This paper investigates the effects of operation regulations for large-scale retailers on agricultural producers by surveying agricultural and fishery producer organizations. Research design, data, methodology - A survey was conducted on 117 producer organizations of fruits and vegetables, cereals, fisheries, and livestock products from September 10 to October 4, 2012. Survey items are annual sales, shares of sales accounted for by large-scale retailers, reduction of orders and prices from large-scale retailers, methods to deal with the sales reduction, unfair trade practices of large-scale retailers, opinion of the large-scale retailer regulations, and so on. The average sales of the sampled producer organizations are 13.7 billion won and the average share of sales accounted for by large-scale retailers is 35.4%. Results - Survey results show that the sample producer organizations' sales decreased 10.1% because of the compulsory closures of stores operated by large-scale retailers. It is estimated that the total sales of producer organizations decreased 371.2 billion won because of the regulations on the operation of large-scale retailers. In addition to the direct effect of a sales decrease due to order reduction, agricultural and fishery producer organizations suffered from the secondary effect of price reduction in wholesale markets. When orders from large-scale retailers decreased, most agricultural and fishery producer organizations shipped redundant products to wholesale markets, decreasing auction prices. It was estimated that the price received decreased 21.9% when sold in other marketing channels. As producer organization sales decreased, it was reported that the labor force employed by producer organizations also decreased by 15.1%. Therefore, we can conclude that the regulations for large-scale retailer operations resulted in negative impacts on agricultural producers. Conclusions - Although the sales reduction due to the regulations for large-scale retailer operations are not great, the cumulative effects due to the continued compulsory closure of stores operated by large-scale retailers could be great. This paper suggests governmental programs that could help agricultural producer organizations to find new and effective marketing channels such as direct marketing, farmers' markets, exports, Internet shopping, and so on.

Development of High Performance & Remote controlled UPS (원격 통제형 UPS 개발)

  • 이왕하;박가우;이진희;김덕규
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
    • /
    • 2002.11a
    • /
    • pp.369-374
    • /
    • 2002
  • This paper presented the development trend of UPS and SPS system has focused on large scale system and more convenient system to maintenance and management. In this paper, we proposed low price and high performance SPSs which can de voltage regulation, harmonic reduction, and capable capacity extension in power. These SPSs are composed by two SPSs in their functional structure, one is power control part including voltage regulation and instant voltage compensaton. The others part is web based monitoring and trend management part for more convenient to SPS operator.

  • PDF

Current Status of Solar Cell Research and Development (태양전지(太陽電池)의 최근(最近) 연구(硏究) 개발(開發) 동향(動向))

  • Choi, Byung-Ho;Yoon, Kyung-Hoon;Song, Jin-Soo
    • Solar Energy
    • /
    • v.8 no.2
    • /
    • pp.73-76
    • /
    • 1988
  • Thick films based on the mature crystalline silicon technology are expected to exhibit eversmaller cost reduction. The thin-film-based technology is, however, expected to exhibit a much sharper drop in cost as it develops. In this report, technology and recent R & D of thin film solar cell, such as amorphous silicon, cadnium telluride, copper indium diselenide and gallium arsenide, are described. Perspectives of world photovoltaic market and solar cell price are also described.

  • PDF

Introduction of Satellite Antenna Tracking System in Field (기술사마당_기술자료 - 위성안테나 추적기술의 소개와 실용)

  • Kim, Chang-Yong
    • Journal of the Korean Professional Engineers Association
    • /
    • v.42 no.6
    • /
    • pp.53-57
    • /
    • 2009
  • Antenna Tracking System has been required core technology with special tracking algorithm, and it can be achieved by program tracking, step tracking, optracking, and monopulse tracking as well. Depend on tracking requirement we might be able to apply eligible tracking method in accordance with Geostationary and Inclined Orbit Satellite. Further, we should deeply consider two important factors in order to act up to customer expectation in quality and system performance including competitive price therefore we need maximized endeavor to upgrade not only tracking system performance, but reduction of product through engineering skill and R&D investment.

  • PDF

Studies on the Current Carbon Black Industries (최근(最近) Carbon Black 산업(産業) 동향(動向) 고찰(考祭) (고무용(用) Carbon Black을 중심(中心)으로))

  • Hwang, Yoon-Tae;Lee, Chang-Se
    • Elastomers and Composites
    • /
    • v.27 no.2
    • /
    • pp.89-101
    • /
    • 1992
  • This paper is concerned with analysis for market trend and technological tendency of rubber-use black among United state, Japan and Korea, Through this comparative analysis, the subjects with which domestic carbon black industry is confronted are : first, development of new grade carbon black such as high performance carbon black, Low rolling resistance carbon black and lower grit carbon black, Second, reduction of quality fluctuation, third, improvement of applied technology and fourth, strengthening the price competitiveness through process optimization and productivity increase.

  • PDF

Recent Trends of Coated Sheet Steels for Automotive use

  • Moon, Man-Been
    • Corrosion Science and Technology
    • /
    • v.11 no.2
    • /
    • pp.37-42
    • /
    • 2012
  • Recent issues in the automotive industries are, improvement of fuel efficiency according to the worldwide $CO_2$ regulation, passenger safety through enhanced crashworthiness, superior design and cost reduction due to price fluctuation of raw material. To meet these demands, steelmaking companies are developing advanced high strength steel and new process technologies such as hydroforming, TWB(Tailor Welded Blank), hot stamping and so on. In addition, eco-friendly and high corrosion resistant coating technologies are getting more attention to comply with the environmental regulations. In this paper, reviews and prospects of recent coating technologies for automotive use are presented.

Simulation on the Change of Practice Pattern after the Introduction of 7 Diagnosis-related Groups Prospective Payment System in a University Hospital (7개 질병군 포괄수가제 도입에 따른 일개 대학병원의 진료행태 변화 모의실험)

  • Shin, Sam-Chul;Kang, Gil-Won;Kim, Sang-Won
    • Health Policy and Management
    • /
    • v.23 no.2
    • /
    • pp.103-111
    • /
    • 2013
  • Seven diagnosis-related groups (DRGs) prospective payment system is going to expand to all hospitals including university hospitals this year. However there are few studies on the change of practice pattern under prospective payment system in the university hospital setting. So This study was intended to predict the practice pattern change after the introduction of 7 DRGs prospective payment system in a university hospital setting. To predict the change of practice pattern, this study used simulation technique. Five hundred and nineteen patients classified as 5 DRGs in a university hospital were selected for simulation. The change of practice pattern were predicted based on clinicians' opinion. We also predicted payment change by service items. Major findings of this study are as follows. First, the total medical payment was reduced by 14.4%. The drug payment change (8.8%) took most of total payment reduction. The followings are the change of treatment material cost (3.2%), the change of laboratory tests cost (1.8%), the change of room charge (0.5%), and other payment change (0.1%), respectively. Second, most of the reduction in total medical payment resulted from the decreased amount of medical services themselves. The transfer of medical services to outpatient setting took up only 4.9% of the total payment reduction. The change of unit price or composition took up 5.5% of the total payment reduction. In this study we found that it is possible to reduce the inpatient services through practice pattern change in university hospital setting. However, it needs to be careful to adjust DRG payment after the reduction of provided services, because most of reduction was not due to service transfer but to service volume reduction. It is desirable to utilize the saving from practice pattern change as incentive to improve quality of care.

The Effectiveness of New Power Generation and Energy Demand Reduction to Achieve Greenhouse Gas Reduction Goals in Building Area

  • Park, Seong-Cheol;Kim, Hwan-Yong;Song, Young-Hak
    • Architectural research
    • /
    • v.18 no.2
    • /
    • pp.59-64
    • /
    • 2016
  • Since the massive power outages that hit across the nation in September 2011, a growing imbalance between energy supply and demand has led to a severe backup power shortage. To overcome the energy crisis which is annually repeated, a policy change for deriving energy supply from renewable energy sources and a demand reduction strategy has become essential. Buildings account for 18% of total energy consumption and have great potential for energy efficiency improvements; it is an area considered to be a highly effective target for reducing energy demand by improving buildings' energy efficiency. In this regard, retrofitting buildings to promoting environmental conservation and energy reduction through the reuse of existing buildings can be very effective and essential for reducing maintenance costs and increasing economic output through energy savings. In this study, we compared the energy reduction efficiency of national power energy consumption by unit production volume based on thermal power generation, renewable energy power generation, and initial and operating costs for a building retrofit. The unit production was found to be 13,181GWh/trillion won for bituminous coal-fired power generation, and 5,395GWh/trillion won for LNG power generation, implying that LNG power generation seemed to be disadvantageous in terms of unit production compared to bituminous coal-fired power generation, which was attributable to a difference in unit production price. The unit production from green retrofitting increased to 38,121GWh/trillion won due to the reduced energy consumption and benefits of greenhouse gas reduction costs. Renewable energy producing no greenhouse gas emissions during power generation and showed the highest unit production of 75,638GWh/trillion won, about 5.74 times more effective than bituminous coal-fired power generation.