• International Area Studies Review
• /
• v.20 no.1
• /
• pp.23-51
• /
• 2016

This study analyzed the expected economic effects of the Korea-GCC FTA and sought strategies for industrial cooperation. To see the economic effects of Korea-GCC FTA, we analysed the effect of the oil tariff reduction of economy by Vector Autoregression(VAR) model. The estimation results shows that following the abolishment of the tariff on crude oil imports, GDP, GNI and consumption are expected to grow by 0.212%, 0.389% and 0.238%, respectively. Meanwhile, investment, export and import are estimated to drop by 0.462%, 0.413% and 0.342%, respectively. As for prices, producer prices are to rise by 6.356%p, whereas consumer prices fall by 2.996%p. In short, the Korea-GCC FTA and resultant abolishment of the tariff on crude oil imports followed by the decline in crude oil prices will result in declining prices whilst macroeconomic indices, such as GDP, GNI and consumption, will increase exerting positive effects on domestic economic growth. Also, it is necessary to proactively respond to GCC member states' industrial diversification policies for FTA-based industrial cooperation to diversify the sources of crude oil and natural gas imports for further resource risk management.

• Ocean and Polar Research
• /
• v.40 no.4
• /
• pp.237-247
• /
• 2018

This study aims to estimate optimal harvests, fishing efforts, and stock levels of hairtail harvested by the large pair bottom trawl, the large otter trawl, the large purse seine, the offshore long line, and the offshore angling fisheries by using the surplus production models and the current value Hamiltonian method. Processes of this study are as follows. First of all, this study estimates the standardized fishing efforts regarding the harvesting of the hairtail by the above five fishing gears based on the general linear model developed by Gavaris. Secondly, this study estimates environmental carrying capacity (k), intrinsic growth rate (r), and catchability coefficient (q) by applying the Clarke Yoshimoto Pooley (CY&P) model among various surplus production models. Thirdly, this study estimates the optimal harvests, fishing efforts, and stock levels regarding the hairtail by the current value Hamiltonian method, including the average landing price, the average unit cost, and the social discount rate. Finally, this study attempts a sensitivity analysis to figure out changes in optimal harvests, fishing efforts, and stock levels due to changes in the average landing price and the average unit cost. As results induced by the current value Hamiltonian method, the optimal harvests, fishing efforts, and stock levels regarding the hairtail caught by several fishing gears were estimated as 33,133 tons, 901,080 horse power, and 79,877 tons, respectively. In addition, from the results of the sensitivity analysis, first of all, if the average landing price of the hairtail constantly increases, the optimal harvests of it increase at a decreasing rate, and then harvests finally slightly decrease as a result of decreases in stock levels. Secondly, if the average unit cost of fishing efforts continuously increases, the optimal fishing efforts decreases, but optimal stock levels increase. Optimal harvests start climbing and then decrease continuously due to increases in the average unit cost. In summary, this study suggests that the optimal harvests (33,133 tons) were larger than actual harvests (25,133 tons), but the optimal fishing efforts (901,080 horse power) were much less than estimated standardized fishing efforts (1,277,284 horse power), corresponding to the average of the recent three years (2014-2016). This result implies that the hairtail has been inefficiently harvested and recently overfished due to excessive fishing efforts. Efficient management and conservation policies on stock levels need to be urgently implemented. Some appropriate strategies would be to include the hairtail in the Korean TAC species or to extend the closed fishing season for this species.

• Journal of the Korean Geosynthetics Society
• /
• v.18 no.2
• /
• pp.37-44
• /
• 2019

The compressive strength of the soil stabilizer in the deep mixing method (DMM) depends on kinds of soil, particle size distribution, and water content. Because of this, Laboratory test has to perform to estimate the unit weight of binder to confirm the satisfaction of the design strength. In this study, uniaxial compression strength was measured by mixing the soil stabilizers developed in the previous study with clay in Busan, Yeosu, and Incheon area. And the strength enhancement effect was evaluated comparing with blast furnace slag cement (BFSC). Also, the relationship between the unit content of binder and uniaxial compressive strength was investigated in order to easily calculate the unit weight of binder required to ensure the stability of the ground at the field. As the results of the analysis, the relationship between the unit content of binder and the uniaxial compressive strength are ${\gamma}_B=(108.93+0.0284q_u){\pm}35$ when W/B is 70%, and ${\gamma}_B=(122.93+0.0270q_u){\pm}40$ when W/B is 80%.

• Journal of Korea Water Resources Association
• /
• v.51 no.spc
• /
• pp.1127-1134
• /
• 2018

According to the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC), climate change increases the frequency of abnormal weather phenomenon. As the frequency of abnormal weather phenomenon increases, frequency of disasters related to water resources such as floods and droughts also increases. Drought is the main factor that directly affects water supply. Recently, the intensity of drought and the frequency of drought occurrence have increased in Korea. So, there is a need for water resource securing technology for stable water supply. Korean Water Plan mentioned that water reserves concept is necessary for stable water supply. Most multi-purpose reservoirs in Korea have emergency storage in addition to conservation storage used for water supply. However, there is no clear use standard for emergency storage. This study investigated the use of reservoir reserves for stable water supply. In order to consider the climate change impact, the AR5-based hydrological scenario was used as inflow data for the reservoir simulation model. Reservoir simulations were carried out in accordance with the utilization conditions of emergency storage and water supply adjustment standard. The optimal reserves for each multi-purpose reservoirs was estimated using simulation results.

• The Journal of Fisheries Business Administration
• /
• v.49 no.3
• /
• pp.85-99
• /
• 2018

This study is to compare and evaluate the estimating method of WTP(willingness to pay) for the valuation of oceans and fisheries resources with non-market goods characteristics using contingent valuation method. In general, when estimating parameters of the WTP function, we should take into account the assumption of probability distribution, inclusion of covariates, method of inducement of payment, and the treatment of 0 payment intention and resistance responses. This study utilizes survey data that was used to estimate the value of fisheries resource protection zones, with a total of 1,200 samples. The main results of this study are summarized as follows: First, the final willness to pay amount is estimated at a statistical significance of less than 1 percent, and the distribution of the final willness to pay amount is from \6,926 of the double bounded dichotomous model to \10,721 of the spike model. Second, the willness to pay amount based on assumptions about the normal and logistic probability distributions are estimated to be \9,429 and \9,370 respectively, so there was no significant difference. Third, the willness to pay amount of the single bounded dichotomous model and the double bounded dichotomous model are estimated to be \8,951 and \6,926 respectively, making a relatively large difference. Fourth, the willness to pay amount of the model without covariates and the model with covariates are estimated to be \9,429 and \8,951, respectively, so the willness to pay amount is underestimated when the covariates are included. Fifth, the Spike model that considers zero payment intention and resistance response estimates \10,405 as the highest payment in this study. Finally, the CVM analysis guidelines proposed by the Korea Development Institute (KDI) are estimated to be \9,749 and \10,405 respectively, depending on including no covariates and with covariates. Compared to other models, the final willness to pay amount is not estimated underestimated. Therefore this study suggests the use of KDI's guidance under government public policy projects. In view of these results, the estimating model for willness to pay amount model will be selected by considering the sample size, the suitability of the model, the sign of the estimated coefficient, the statistical significance, the ratio of the zero payment intention and the payment rejection. And, for CVMs on government public policy projects, it is desirable to estimate by the method proposed by the KDI.

• Proceedings of the Korea Water Resources Association Conference
• /
• 2015.05a
• /
• pp.221-221
• /
• 2015

Sustainable use of water resource and conservation of water quality are essential problems in the world. Especially, problems of water quality are serious one for human health as well as ecological system of all creatures on the earth. Recently, the importance of total effluent load as well as the concentrations of pollutant materials has been recognized not only for the conservation of water quality but also for sustainable water use in watersheds. However, the measurement or estimation of total effluent load from non-point source area such as farm lands or forests may be more difficult because both of concentration and discharge of the water are greatly changed depending on various factors especially metrological conditions such as rainfall, while the measurement from a point source area may be easy because the concentration of pollutant materials and amount of discharge water are relatively steady. Therefore, the total effluent load from a non-point source is often estimated by statistical relationships between concentration and discharge, which is called as L-Q equation. However, a lot of work and time are required to collect and analyze water samples and to get the accurate relationship or regressive equation. So, we proposed a new system for direct measurement of total effluent load of water quality from non-point source areas to solve the problem. In this system, the overflow depth at a hydraulic weir is measured with a pressure gage every hourly interval to calculate the amount of hourly discharge at first. Then, the operating time of a small electric pump to collect an amount of water which is proportional to the discharge is calculated to intake the water into a storage tank. The stored water is taken out a few days later in a case of storm event or several weeks later in a case of non-rainfall event and the concentrations of water quality such as total nitrogen and phosphorous are analyzed in a laboratory. Finally, total load of the water quality can be calculated by multiplying the concentration by the total volume of discharge. The system was installed in a small experimental forestry watershed to check the performance and know the total load of water quality from the forest. It was found that the system to collect a proportional amount of water to actual discharge operated perfectly and a total load of water quality was analyzed accurately. As the result, it was expected that the system will be very available to know the total load from a non-point source area.

• Journal of Korean Society of Forest Science
• /
• v.100 no.1
• /
• pp.62-69
• /
• 2011

Six commonly used non-linear growth functions were fitted to individual tree height-dbh data of eight major tree species measured by the $5^{th}$ National Forest Inventory in Chungcheong province. A total of 2,681 trees were collected from permanent sample plots across Chungcheong province. The available data for each species were randomly splitted into two sets: the majority (90%) was used to estimate model parameters and the remaining data (10%) were reserved to validate the models. The performance of the models was compared and evaluated by $R^2$, RMSE, mean difference (MD), absolute mean difference (AMD) and mean difference(MD) for diameter classes. The combined data (100%) were used for final model fitting. The results showed that these six sigmoidal models were able to capture the height-diameter relationships and fit the data equally well, but produced different asymptote estimates. Sigmoidal growth models such as Chapman-Richards, Weibull functions provided the most satisfactory height predictions. The effect of model performance on stem volume estimation was also investigated. Tree volumes of different species were computed by the Forest Resources Evaluation and Prediction Program using observed range of diameter and the predicted tree total height from the six models. For trees with diameter less than 30 cm, the six height-dbh models produced very similar results for all species, while more differentiation among the models was observed for large-sized trees.

• Journal of Korean Society of Forest Science
• /
• v.100 no.1
• /
• pp.70-78
• /
• 2011

In this study, we develop a fire stochastic simulation model by season based on the historical fire data in Korea. The model is utilized to generate sequences of fire events that are consistent with Korean fire history. We employ a three-stage approach. First, a random draw from a Bernoulli distribution is used to determine if any fire occurs for each day of a simulated fire season. Second, if a fire does occur, a random draw from a geometric multiplicity distribution determines their number. Last, ignition times for each fire are randomly drawn from a Poisson distribution. This specific distributional forms are chosen after analysis of Korean historical fire data. Maximum Likelihood Estimation (MLE) is used to estimate the primary parameters of the stochastic models. Fire sequences generated with the model appear to follow historical patterns with respect to diurnal distribution and total number of fires per year. We expect that the results of this study will assist a fire manager for planning fire suppression policies and suppression resource allocations.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.22 no.1
• /
• pp.131-137
• /
• 2021

This study estimated acreage response functions for greenhouse paprika, greenhouse strawberry, open-land garlic, and open-land spinach by using Gyeongsangnamdo agricultural income data. The results show that the cultivation area for greenhouse paprika increased because the agricultural management costs decreased, and the risk of price volatility was relatively low. On the other hand, the cultivation area for greenhouse strawberries decreased due to increasing agricultural management costs and the greater risk of price volatility. In the case of open-land garlic and spinach, the cultivation area remained stagnant due to the greater risk of price volatility, despite increasing agricultural revenue. We derived several policy implications from our results. The risk of price volatility in agricultural products is greater for crops grown on land rather than crops grown in greenhouses. Therefore, the local government needs to adopt the "agricultural revenue guarantee insurance" in preference to crops grown on land rather than crops grown in greenhouses. On the other hand, in the case of greenhouse crops, agricultural management costs are very high. Thus, local government should focus on replacing old facilities and supplying smart-farm facilities that reduce agricultural management costs such as heating costs.

• Journal of Korea Water Resources Association
• /
• v.54 no.11
• /
• pp.969-983
• /
• 2021

Evapotranspiration, one of the hydrometeorological components, is considered an important variable for water resource planning and management and is primarily used as input data for hydrological models such as water balance models. The FAO56 PM method has been recommended as a standard approach to estimate the reference evapotranspiration with relatively high accuracy. However, the FAO56 PM method is often challenging to apply because it requires considerable hydrometeorological variables. In this perspective, the Hargreaves equation has been widely adopted to estimate the reference evapotranspiration. In this study, a set of parameters of the Hargreaves equation was calibrated with relatively long-term data within a Bayesian framework. Statistical index (CC, RMSE, IoA) is used to validate the model. RMSE for monthly results reduced from 7.94 ~ 24.91 mm/month to 7.94 ~ 24.91 mm/month for the validation period. The results confirmed that the accuracy was significantly improved compared to the existing Hargreaves equation. Further, the evaporative demand drought index (EDDI) based on the evaporative demand (E₀) was proposed. To confirm the effectiveness of the EDDI, this study evaluated the estimated EDDI for the recent drought events from 2014 to 2015 and 2018, along with precipitation and SPI. As a result of the evaluation of the Han-river watershed in 2018, the weekly EDDI increased to more than 2 and it was confirmed that EDDI more effectively detects the onset of drought caused by heatwaves. EDDI can be used as a drought index, particularly for heatwave-driven flash drought monitoring and along with SPI.