• Korean Journal of Agricultural Science
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• v.13 no.2
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• pp.289-298
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• 1986

This paper aims at identifying the positive economic effects of the tenant system. Increasing numbers of tenant farms is one of the characteristic aspects of Korean agriculture. They have increased 3.7 percent annually since 1960. At the end of 1985, 64.7 percent of the Korean farmers leased partly or entirely the farm land which they managed, and 30.5 percent of the total arable area was cultivated under the tenant system. To find out the difference in performance of management between land owners and tenants, 600 farm households were selected as samples throughout Chungnam province. Among those sampled were 300 land owners and 300 tenants. Tenants defined this paper include not only full tenants but also part tenants. The results of this study are summarized as; First, rice is the main income resource of tenant farms. Due to their rental charges, the marketable surplus of farm products might be lower than that of land owners. Whereas 40 percent of the landowners income is from rice production, the tenants income from rice production is 43 percent. Second, tenants continue to depend on more agricultural wage incoms and more double crop incomes in paddy fields than land owners. Third, like most poor people in the third world, they have maximized their incomes and minimized their expenditures by saving management costs. Finally, there was no interlinking between landlords and tenants especially related to credit supports. Most farmers in the surveyed area have met their credit requirements from agricultural cooperatives.

• Journal of Evidence-Based Herbal Medicine
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• v.1 no.1
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• pp.19-28
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• 2008

Consumers have been requiring more higher level of food and agricultural products safety. The system of Good Agricultural Practice(GAP) has been spreaded over the world. Korea also introduced the GAP system in agricultural industry. GAP is related to the production side in the whole traceability system. The establishment of GAP system is a prerequisite to secure food safety. This study reviewed the concept of GAP and necessities and backgrounds of introducing the GAP system. Also, this study analyzed the problems which have been appeared in the GAP program and proposed the policy strategies and directions for the Korean GAP system. So issues for the GAP system are as follows; computerizing of traceability system, forming the cooperative works among the related governmental departments, establishing a certification system to relate with crop features, efficient management, ensuring distribution channel and the research for estimating GAP consumer surplus is need to analyze GAP program more efficient. In addition, It is necessary to keep the records of the data to analyze the GAP program more accurately.

• Proceedings of the Technology Innovation Conference
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• 1996.12a
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• pp.179-195
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• 1996

With current. difficulties in Korean agricultural sector, the biotecilnoiogy is considered as the most important factor to offset the inferiority in the agriculture. New products by using the biotechnology would be commercialized and consumed by both producers and consumers. Before its production and distribution researches on new product should be undertaken in many aspects, especially in terms of economic aspects. Main objectives of this study are to measure the economic value of the new product using the agro-biotechnology, here potato microtubers, and to examine whether the stated preferences theory, the Contingent Valuation Method(CVM), could be accepted in the economic analysis for the new biotech product. Through the demand function derived from the consequences of functional relationship, the consumer's surplus was estimated.

• 한국생물공학회:학술대회논문집
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• 2005.04a
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• pp.317-321
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• 2005

L- arabinose residues are widely distributed in plant cell walls, where they are present in polymers such as arabinans, arabinoxylans, arabinogalactans and arabinogalactan proteins. L-arabinose suppress intestinal sucrase and decrease the adsorption of sugar in the small intestine, consequently, weight loss and fatness prevent. Now, xylose be used replacement sugar and arabinose be utilized fatness prevent of our time. Various Agricultural surplus like com fiber, contain $20\;{\sim}\;40%$ of hemicellulose. Corn fiber from Agricultural Renewable Biomass was chosen the best suitable material for arabinose production. In this work, we searched about for L-arabinose gene in compost, metagenome pool and indonesian soil. So, the B1029 TS2-8 of L-arabinase gene in compost was selected by YNB media(5% yeast nitrogen base, 5% arabinogalactan). After enzyme reaction with corn fiver, B1029 TS2-8 produced 2.15 g/L of L-arabonose.

• Environmental and Resource Economics Review
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• v.11 no.3
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• pp.415-446
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• 2002

Due to its cost effectiveness, tradeable emission permits (TEP) system has been effectively used in the USA and many other advanced countries. But, academic many researchers have been argued that TEP system would not work as an efficient regulatory tools when there are imperfect competition in permits and/or products markets. Sartzetakis (1997), however, show that TEP system can serve as an effective environmental regulation under the certain demand/cost conditions even though duopolistic production market is not competitive. In this paper we extend Sartzetakis's analysis into the differentiated products markets under the same cost conditions, and examine the relative efficiency of TEP system by comparing it with the command and control system. We then show that the main results of Sartzetakis can hold if two differentiated products markets have the symmetric demands. In particular, it is revealed that social welfare will be increased under TEP system even though consumer surplus may be decreased.

• Journal of Dairy Science and Biotechnology
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• v.19 no.1
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• pp.30-38
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• 2001

The most important task in Korean dairy industry is to keep the seasonal and annual balance of raw milk supply and demand. Too much surplus milk supply which causes dumping sale of market milk makes dairy industries get in trouble of management, and eventually affects to farmers and consumers economically. As balancing of supply and demand is so important in the fee economic market system, the adaption of the quota system of milk production and seasonal price differentiation has been recommended very often as a method of controlling the milk supply and demand. However, this recommendation did not go through successfully due to the strong objection of dairy farmers. Recently, the voice of consumer's requirement for safer and more hygienic, and high protein, low fat level dairy product is getting stronger. By knowledge of this kind changes, quality improvement in nutrients and hygiene is the most positive way to expand the volume of milk consumption. To meet the consumer's demand, therefore, it is necessary to revise the level of milk fat content and the hygienic grading system for the payment system of raw milk.

• Journal of Technology Innovation
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• v.5 no.1
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• pp.249-265
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• 1997

With current difficulties in Korean agricultural sector, the biotechnology is considered as the most important factor to offset the inferiority in the agriculture. New products by using the biotechnology would be commercialized and consumed by both producers and consumers. Before its production and distribution, researches on new product should be undertaken in many aspects, especially in terms of economic aspects. Main objectives of this study are to measure the economic value of the new product using the agro-biotechnology, here potato microtubers, and to examine whether the stated peferences theory, the Contingent Valuation Method(CVM), could be accepted in the economic analysis for the new biotech product. Through the demand function derived from the consequences of functional relationship relationship, the consumer's surplus was estimated.

• Journal of the Korean Operations Research and Management Science Society
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• v.14 no.2
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• pp.43-52
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• 1989

The present paper analyzes performance of a variant of rate-of-return regulation called the ex-post adjustment regulation put in effect in the Korean petroleum refinery sector. Unlike the traditional rate-of-return regulation on a monopoly, the regulation is first for the oligopolistic industry as a whole and second of the ex post nature. Under the regulation, at the end of each year, each firm is responsible to pay a certain portion of the excess of the total realized profits in the industry over the allowed profits. It is shown that if the excess profits are completely collected(including the interests), the social optimum can be realized. When only a portion of the excess profits can be collected, the regulation generally increases consumer surplus by making the firms more competitive. Each individual firm's production under the regulation depends on whether the firm's output is regarded as a strategic substitute or complement of other firms'output.

• Journal of Electrical Engineering and Technology
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• v.9 no.1
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• pp.90-97
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• 2014

Nash Cournot Equilibrium (NCE) has been widely used in a competitive electricity market to analyze generation firms' strategic production quantities. Congestion on a transmission network may lead to a mixed strategy NCE. Mixed strategy is complicated to understand, difficult to compute, and hard to implement in practical market. However, Stackelberg model based equilibrium does not have any mixed strategy, even under congestion in a transmission line. A guide to understanding mixed strategy equilibrium is given by analyzing a cycling phenomenon in the players' best choices. This paper connects the concept of leader-follower in Stackelberg model with relations between generation firms on both sides of the congested line. From the viewpoint of social welfare, the surplus analysis is presented for comparison between the NCE and the Stackelberg equilibrium (SE).

• Journal of Aquaculture
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• v.14 no.2
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• pp.67-71
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• 2001

Phosphorus is an essential element for growth and metabolism in fish. However high levels of phosphorus in the feed can lead to poor water quality of pond, and can also be a potential source of pollution, when pond water is released to the environment. In this study phosphorus supplemented diets containing 0.0, 0.9 or 1.9% of (dicalcium) phosphate were offered to channel catfish and changes in water quality of ponds and phosphorus levels in fish were measured. Higher level of (1.9%) supplementation of phosphorus in diet resulted in higher concentration of T-P and SRP in pond waters. Also it produced negative effects on fish production by lowering feed coefficient and rate of increment in body weight. Surplus phosphorus can affect fish growth and water quality of pond.