• Title/Summary/Keyword: Ripple Effect

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An Economic Ripple Effect Analysis of Domestic Supercomputing Modeling and Simulation (슈퍼컴퓨팅 모델링 및 시뮬레이션의 산업연관분석 기반 경제적 파급효과 분석)

  • Kim, Myungil;Park, Sung-Uk;Kim, Jaesung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.11
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    • pp.340-347
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    • 2016
  • Since the 1970s, manufacturing has been one of the key driving forces that has led to Korea's economic growth. However, this growth rate has been reduced significantly since the 2000s, and shows that revenues and employment are steadily decreasing. In addition, while manufacturing investment in Korea has dropped sharply, the United States, Germany, Japan, and other major countries have increased investment in manufacturing. These countries have promoted manufacturing innovation strategies that include the convergence of information and communications technologies (ICT) and manufacturing. For manufacturing innovation, it is important for time and cost savings required for product development to be achieved by changes in the production process, especially product design. Modeling and simulation (M&S) is a process that replaces physical product design, mockup making, and testing, with virtual product creation (modeling) and engineering analysis (simulation). In this paper, we analyze the economic ripple effect of supercomputing M&S using an input-output model technique based on the input-output tables published by the Bank of Korea. When we set the M&S budget (about US$16 million for the last 10 years) of the Korea Institute of Science and Technology Information (KISTI) as input coefficients, the effect on production inducement, value-added inducement, and employment inducement was analyzed to be US$24 million, US$13.4 million, and 267, respectively.

A Study on the Estimation of Change Orders Impact for the Public Construction (공공건설공사 설계변경에 따른 손실 추정에 관한 기초연구)

  • Lee, Min-Jae;Park, Bum-Jin;Im, Keon-Soon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.3D
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    • pp.363-369
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    • 2008
  • Change is inevitable and is a reality of construction projects. Change adjustment includes the cost associated with materials, labor, etc. However, the actions of a contractor can cause a loss of productivity and furthermore can result in disruption of the whole project because of a cumulative or ripple effect. Because of its complicated nature, it becomes a complex issue to determine the cumulative impact (ripple effect) caused by single or multiple change orders. Furthermore, owners and contractors do not always agree on the adjusted contract price for the cumulative impact of the changes. What is needed is a reliable method to identify and quantify the loss of productivity caused by cumulative impact of change orders. This study survey the change orders data in domestic area for public construction and analyze to quantify change order impact. This study developed concepts of "%CO", "%Delta", "%T" to capture change order effect on project and search the relationships between them. Finally, this study find strong relationship between change order and loss.

A Study on Social and Cultural Effect of Corporate Social Responsibility on Local Residents -Focusing on Kangwon Land- (기업의 사회공헌활동이 지역주민에 미치는 사회.문화적인 영향에 관한 연구 - 강원랜드를 중심으로 -)

  • Moon, Kyoung-Won;Shin, Dong-Ju
    • Korean Business Review
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    • v.23 no.2
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    • pp.99-114
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    • 2010
  • This study paid attention to the social cultural ripple effect which as a project for the past 10 years, the corporate social responsibility gave to local residents. Especially the study considered the effect appearing from encouragement of cultural activities of residents in abandoned mine which were culturally disadvantaged, and would search for productive ways for continuous development of casino industry and local community in the future. The study area was mainly Taebaek, Gohan, Sabuk located in abandoned mine and the number of residents involved were 185. Through surveys, first, demographic characteristics of respondents were investigated, second, recognition level and satisfaction, third, social cultural impacts of social responsibility of Kangwon Land according to that, and last negative image make over by corporate social responsibility were analyzed. As the result of the investigation, 185 of first response in general recognized the corporate social responsibility of Kangwon Land, and their satisfaction about that was also high. In addition they felt the quality of life were bettered after the development of casino.

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The Regional Ripple Effects and Residents' Perceptions of the West Coast Highway on West Coast Regions of Chung-nam Province (서해안고속도로가 충남 서해안 지역에 미친 파급효과 및 주민인지)

  • Lee Chang-Seek;Yoon Jun-Sang
    • The Korean Journal of Community Living Science
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    • v.16 no.4
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    • pp.125-137
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    • 2005
  • The purpose of this study was to analyze the regional ripple effects and residents' perceptions of the West Coast Highway on four regions of Chung-nam province. The data was collected through questionnaire interviews with 400 residents in four regions of the west coast area. After data cleaning, the statistical methods used were confirmative factor and cluster analysis with 309 sampled from four regions of Dangjin, Boryong, Seosan and Taean. The results of this study were as follows. First, it is classified, according to the residents' perceptions against the opening of the West Coast Highway, into four groups. Group A is the people who haven't lived there long and mainly consists of relatively young (30's-40's) males, while Group B is the people with lower incomes and middle-aged males (40's) who have lived there for 11 to 20 years. Group C is mainly the people who are middle-aged housewives in their 40's and who haven't lived there long and with a relatively higher income. Group D is the people who lived for less than five years and had lower incomes than other groups. The results show that their perceptions against the influence of regional development differ demographically from each other. In conclusion, it was determined that most of them were concerned that it, coupled with the construction of the West Coast Highway, would damage the surrounding countryside but believed it would contribute to the growth of the region's economy. Whereas groups A and B seem to acknowledge the necessity of regional development and environmental protection, groups B and D appear to be more content with the tourism development derived from the West Coast Highway and are paying more attention to such plans than other two groups.

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Establishing the Methodology of Economic Analysis to Take into Account Opportunistic Valuation for a Radio Communication & Train Control System (철도무선신호제어시스템 실용화의 기회가치성을 고려한 경제성분석 체계 정립 -일반 및 고속철도용 무선 및 제어시스템 실용화 사례를 중심으로-)

  • Cho, Shin-hyung;Seo, Young-hyun;Kho, Seung-young;Rhee, Sung-mo
    • Journal of the Korean Society for Railway
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    • v.19 no.3
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    • pp.373-379
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    • 2016
  • Development of a train wireless signal control system using LTE-R technology is expected to have a great ripple effect to the existing signal control market. To make inroads into the international market, it is an urgent issue to practicalize the train wireless signal control system. Because it will require a huge budget to commercialize the wireless signal control system, it is necessary to analyze the feasibility beforehand, with a consideration of the domestic and foreign marketability and the impact on related industries. This study investigated the effect of the practicalization of train control system on future railway and national industrial sectors. We suggested the establishment of a framework for economic feasibility analysis, one that can provide criteria for opportunistic valuation. We also verified this framework through case analysis.

Domestic Economic Effects of Overall Industrial Complex Construction - Based on the Induced Coefficients by Development Stage of Industrial Complex - (해외 산업단지 건설의 국내경제 파급효과 분석 - 산업단지 개발단계별 유발계수를 기준으로 -)

  • Choi, Myoungsub;Cho, Kang-Joo;Kim, Myeong-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.6
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    • pp.117-125
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    • 2019
  • This study was aimed to derive measures for maximizing ripple effect of construction of overseas industrial complexes on domestic economy. The induced coefficients were estimated for each step of development of industrial complexes by applying the raw data of ICAK and the input-output mode. As a result, for urban service, the fraction of labor costs was high, and for civil engineering, the fraction of profit & loss was high. However, the proportion of intermediate and profit & loss was high in Architecture. Consequently, compare to the same type of overseas constructions, larger effects were seen at urban service in terms of employment, at civil engineering and architecture in terms of business, and at national economy in terms of architecture. These results suggest that in order to maximize ripple effect of construction of overseas industrial complex on domestic economy, it will be needed to seek an order strategy including not only simply sell a land and but also building factories in the industrial complex.

An Analysis on Macro-economic Effect of Tax Exemption in R&D Special Cluster (연구개발특구 조세감면제도의 거시경제적 파급효과 분석)

  • Kim, Sung-Tai;Jeon, Seung-Hoon;Lim, Byung In
    • Journal of Convergence for Information Technology
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    • v.8 no.6
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    • pp.409-416
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    • 2018
  • The purpose of this study is to estimate the macro-economic ripple effect of tax exemption for both high end technology firms and research enterprises in R&D special cluster. We apply the user cost of capital model and the Input-output model to the estimation. Estimation results for 2007-2016 are as follows: the increase in both the production and the value-added is 2,807 and 1,392 hundred million Korean won, respectively. Also, employers are increased by 2,355 people. These imply that keeping the tax exemption item for certain enterprises in R&D special cluster may be beneficial to our economy.

Fault-tree based reliability analysis for bidirectional converter (고장나무를 이용한 양방향 컨버터의 신뢰성 분석)

  • Heo, Dae-ho;Kang, Feel-soon
    • Journal of IKEEE
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    • v.23 no.1
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    • pp.254-260
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    • 2019
  • The failure rate of bidirectional dc-to-dc converter is predicted through the failure mode and effect analysis (FMEA) and the fault-tree analysis (FTA) considering the operational risk. In order to increase the driving voltage of the electric vehicle efficiently, the bidirectional converter is attached to the front of the inverter. It has a boost mode for discharging battery power to the dc-link capacitor and a buck mode for charging the regenerative power to the battery. Based on the results of the FMEA considering the operating characteristics of the bidirectional converter, the fault-tree is designed considering the risk of the converter. After setting the design parameters for the MCU for the electric vehicle, we analyze the failure rate of the capacitor due to the output voltage ripple and the inductor component failure rate due to the inductor current ripple. In addition, we obtain the failure rate of major parts according to operating temperature using MIL-HDBK-217F. Finally, the failure rate and the mean time between failures (MTBF) of the converter are predicted by reflecting the part failure rate to the basic event of the fault-tree.

Numerical analysis of the hyporheic flow effect on solute transport in surface water (혼합대 흐름이 지표수 내 용질거동에 미치는 영향 수치모의 분석)

  • Kim, Jun Song
    • Journal of Korea Water Resources Association
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    • v.55 no.1
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    • pp.23-32
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    • 2022
  • This paper performs two-dimensional numerical simulation of surface water-groundwater coupled flow and solute transport to investigate the effect of the hyporheic exchange at the sediment-water interface (SWI) on surface solute transport. For the impermeable bed case in the absence of hyporheic flow, the trapping effect of flow recirculation associated with the ripple bed controls the shape of breakthrough curves (BTCs). However, the permeable bed case with hyporheic flow stimulates the extended tailing of the BTCs more significantly due to the elevated concentration of the BTC tailing resulting from slow hyporheic velocity. Also, the increased bottom pressure at the SWI with an increase in surface velocity shortens the BTC tailing because of increasing hyporheic velocity. These results infer that hyporhiec flow is critically important in predicting solute residence times in surface water.

A Multi-Period Analysis on the Economic Effects of Fisheries Processing Industry Using 2000-2019 Input-Output Table (2000-2019년 산업연관표를 이용한 수산가공품 산업의 경제적 파급효과 분석)

  • Um, Kwon-O;Lee, Heon-Dong
    • The Journal of Fisheries Business Administration
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    • v.52 no.4
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    • pp.45-63
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    • 2021
  • The purpose of this study is to analyze the structure, status and economic ripple effects of the fisheries processing industry in Korea using interindustry analysis. Five input-output tables published over the past twenty years have been reclassified with a focus on the fisheries processing sector. Through these multi-period tables, we analyzed changes in the inducing effects in production, value added and employment as well as the backward-forward linkage effects. As a result of the analysis, it was found that the industrial scale of the fisheries processing industry is very small compared to other food manufacturing industries. The backward linkage effect of the fisheries processing industry was greater than that of other industries, but the forward linkage effect was rather low. This means that the fisheries processing industry can be greatly affected by industrial depression of the downstream industries such as fishery and aquaculture. Production and employment-inducing effects of the fisheries processing industry have shown a decreasing trend in recent years. This reflects the reality that intermediate inputs are gradually being replaced by imports from domestic production due to the expansion of market opening and the depletion of fishery resource. In the future, it is necessary to prepare a strategy to increase the value-added productivity of the fisheries processing sector and foster it as an export industry.