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An Economic Feasibility Study of Manganese Nodule in Korea Area: Clarion-Clipperton Fracture Zone (심해저 망간단괴 개발사업의 경제적 타당성 재평가)

  • Nam, Kwang-Hyun;Oh, Wee-Yeong;Kwon, Suk-Jue
    • Ocean and Polar Research
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    • v.26 no.2
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    • pp.187-197
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    • 2004
  • The purpose of this paper is to investigate economic feasibility of manganese nodules in Korea area (Clarion-Clipperton Fracture Zone). We assumed that the production scale of manganese nodules were 3.0MT or 1.5MT and analyzed that the capital cost and operating cost were estimated in the four sectors, exploration, mining, transportation and metallurgical process. The capital cost and operating cost evaluation reflects the latest technical practices. First, for analyzing economic feasibility, the scenario suggests that the production of 4 metals can be made for 25 years. Assuming the discount rate at 8.0%, equity capital at 50% and tax at 27%. When manganese nodule were mininged 3.0 MT, economic feasibility analyses showed that IRR was 12.8 and pay-back period was 9.2 years, and when manganese nodules were mininged 1.5 MT, economic feasibility analyses showed that IRR was 4.0 and pay-back period was 11.8 years. This study indicated there is economic validity of at the product of manganese nodules 3.0 MT. In addition, we carried out a sensitivity analysis at the change of cobalt price on mining 1.5 MT. The result of sensitivity analysis clearly showed that economic validity is high at increasing of cobalt price 50% up.

Valuing Ecotourism in Palutungan Resort, Gunung Ciremai National Park, Indonesia

  • Adi, Saputra Nur;Lee, Don Koo;Park, Joowon;Lee, Yohan
    • Journal of Forest and Environmental Science
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    • v.32 no.4
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    • pp.344-352
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    • 2016
  • In this paper, we conducted an empirical study on the economic value of Palutungan Resort, Gunung Ciremai National Park (Indonesia), using an individual travel cost method. Gunung Ciremai is the highest mountain in West Java Province which has high biodiversity and constitutes the home range of the endangered species, Nisaetus bartelsi and leopards. Using the individual travel cost method, we estimated the annual consumer surplus of ecotourism for Palutungan Resort to be approximately $19, while its total economic value was $0.23 million. However, Palutungan Resort does not benefit exclusively, because the total economic value is divided diversely among the central government (non-tax revenue), local government (taxes), and local communities, while the transportation agencies, retailers, and gas station companies also reap some valuable benefits. In regard to the benefit allocation, all of the associated parties should participate in the conservation and preservation of natural resources in Palutungan Resort to improve the ecotourism services.

Productivity Analysis in Fisheries Processed Wholesale Products Using Malmquist Productivity Index (맘퀴스트 생산성지수를 이용한 수산물 가공식품 도매업의 생산성 분석에 관한 연구)

  • Pyo, Hee-Dong;Kim, Jong-Cheon
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.387-396
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    • 2010
  • This paper estimates changes in the total factor productivity and technical efficiency change index and the technical change index using the Malmquist productivity index (MPI) in fishery-processed wholesale products over the time period spanning 2006-2008. The model considers a number of employees and operating costs as input factors, and sales and EBIT (earnings before tax and interest) as output factors. The results demonstrate that, between 2006 and 2007, there has generally been no technical progress, although a small improvement in productivity was detected in the sales scale of 10 billion won-50 billion won. Between 2007 and 2008, there was technical progress in the majority of DMU, except within the range of 20 million won-10 billion won. Wilcoxon's rank-sum test, however, demonstrates no statistically significant differences in productivity between the two periods.

A Study on Satisfaction, Job Stress, Burnout, Organizational Citizenship and Productivity of Hospital Nurses (병원 간호사의 만족, 직무 스트레스, 소진, 조직시민행동 및 생산성에 관한 연구)

  • Ko, Hyun-min;Gwak, Shinyoung;Chang, Kyung
    • Journal of the Korea Safety Management & Science
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    • v.17 no.4
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    • pp.181-192
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    • 2015
  • The health care markets are rapidly expanded due to population aging, increasing incomes, strengthening assurance of health insurance and so on, and the competition in the markets is getting serious. In the industry, hospitals have played more important role than any others, where doctors, nurses, medical technicians, administrative staff, etc cooperatively works hard. Among them, nurses capture 40 percents of specialized hospital workers and their role for patients as customers is essential. Therefore, it could be one of the most important keys to increase the productivity and wellbeing of nurses with respect to enhancing efficiency and competitiveness of operating hospitals. In this paper the impact of nurses' job satisfaction, job stress, burnout, and organizational citizenship behavior on their productivity is studied. The subjects were 576 nurses in 20 different hospitals in Seoul, Kyounggi, etc. We held hypotheses and statistically tested and analysed them, using SPSS 20.0 software. Thus, we found various significant results(p<0.05), and they will give useful suggestions for managing nurse manpower and enhancing their productivity.

A Study on the Method of Estimating the Greenhouse Gas Emissions Base on the Classification of Fishing Boat (어선 분류체계별 온실가스 배출량 추정방법에 관한 연구)

  • Kim, Pil Su;Kim, Joung Hwa;Son, Ji Hwan;Kim, Jeong Soo;Choi, Sang Jin;Park, Seong Kyu;Park, Geon Jin
    • Journal of Climate Change Research
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    • v.5 no.4
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    • pp.301-311
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    • 2014
  • In this study, we estimated the amount of fuel used fishing boats of individual based on the results of survey of the activity data such as operations and activities specification of fishing boats in Korea. Based on the classification system of the domestic fishing boat, and to estimate average fuel consumption and the greenhouse gas emissions, showed emission factors per fishing boat. This was suggested to be able to apply the registration data area in the future, and estimates the emissions of greenhouse gases. Based on these results, it tries to provide the basic data that can be used when you want to create a local government measures to reduce scenario in the future.

Analysis of Shipping and Logistics News Articles using Topic Modeling (토픽모델링을 활용한 해운물류 뉴스 분석)

  • Hee-Young Yoon;Il-Youp Kwak
    • Korea Trade Review
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    • v.46 no.4
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    • pp.61-76
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    • 2021
  • This study focuses on three logistics-related news (Logistics Newspaper, Korea Shipping Gadget, and Korea Shipping Newspaper) in order to present changes in logistics issues, centering on Corona 19, which has recently had the greatest impact in the world. For data collection, two-year news articles in 2019 and 2020 (title, article, content, date, article classification, article URL) were collected through web crawling (using Python's BeautifulSoup, requests module) on the homepages of three representative logistics-related media companies. As for the data analysis methods, fundamental statistical analysis, Latent Dirichlet Allocation (LDA) for topic modeling, and Scattertext were performed. The analysis results were as follows. First, among the three news media related to logistics, the Korea Shipping Newspaper was carrying out the most active media activities. Second, through topic modeling with LDA, eight logistics-related topics were identified, and keywords and significant issues of each topic were presented. Third, the keywords were visually expressed through Scattertext. This is the first study to present changes in the logistics field, focusing on articles from representative logistics-related media in 2019 and 2020. In particular, 2019 and 2020 can be divided into before and after the outbreak of Corona 19, which has had a great impact not only on the logistics field but also on our lives as a whole. For future work, a multi-faceted approach is required, such as comparative studies of logistics issues between countries or presenting implications based on long-term time-series articles.

Analysis of Korea-Canada FTA's export effect (한-캐나다 FTA 수출효과 분석)

  • Kyung-Yun Yeom;Ki-Baeg Park
    • Korea Trade Review
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    • v.45 no.4
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    • pp.1-24
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    • 2020
  • This study aims to analyze the export effects of Korea-Canada FTA's tariff reduction, which was launched on January 1, 2015. First, as a groundwork, this study reviewed trade creation and trade diversion by investigating all possible cases of both initial FTA and additional FTA. The review was done by using the simple model of three countries assuming FTA means elimination of tariff. The review suggested that additional FTA doesn't have any negative impact on import country's social welfare contrary to initial FTA. In additional FTA, Trade diversion could happen between FTA partner countries, but it always increases import country's social welfare. In this sense, it can be called favorable trade diversion. Second, this study analyzed the export effects of Korea-Canada FTA using Clausing's product level model based on Canadian government import data from Korea which is not open to the public. It turned out that Korea-Canada FTA's tariff reduction boosted Canadian import growth rate from Korea. On the other hand, Canadian import growth rate from rest of the world was not negatively affected by Korea-Canada FTA's tariff reduction. Rather, it increased as Canadian import growth rate from Korea was higher. These findings implied trade creation rather than trade diversion of Korea-Canada FTA when it comes to Korea's export to Canada.

N-point modified exponential model for household projections in Korea using multi-point register-based census data

  • Saebom Jeon;Tae Yeon Kwon
    • Communications for Statistical Applications and Methods
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    • v.31 no.4
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    • pp.377-391
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    • 2024
  • Accurate household projections are essential for sectors such as housing supply and tax policy planning, given the rapid social changes like declining birthrates, an aging population, and a rise in single-person households that impact household size and type. Korea introduced its first register-based census in 2015, transitioning from five-year general survey-based approach to an annual administrative data-based census. This change in census allows for more frequent and effective capturing the rapid demographic shifts and trends. However, this change in census has caused challenges in future projection by the existing household projection model due to the rapid dynamics. This paper proposes a new household projection method, the N-point Modified Exponential Model (MEM), that accurately reflects register-based census data and mitigates the impact of rapid demographic changes, in three types: the Weighted N-point MEM, the Regression-based N-point MEM, and the Rolling Weighted N+point MEM. Using register-based census data from 2016 to 2020 to forecast household headship rates by age, household size, and household type to 2051, the N-point modified exponential model outperformed the existing model in both long- and short-term forecast accuracy, suggesting its suitability as a future household projection model for Korea.

A Study on the Proposal for Extension of Local Autonomy and Financial Atonomy of Local Education

  • Park, Jong-Ryeol;Noe, Sang-Ouk
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.3
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    • pp.155-165
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    • 2021
  • The measures to extend local education autonomy are as follows: First, it is necessary to correct the confusion of the legal system of the local education autonomy system. For this, Article 12, Paragraph 2 and 4 of the 「Special Act on Local Autonomy and Decentralization, and Restructuring of Local Administrative Systems」 which state that "The State shall endeavor to consolidate systems for autonomy in education and local government" and "The implementation of autonomy in education and the autonomous police system shall be prescribed separately by Acts" should be deleted. Second, it is necessary to clarify unnecessary legal matters and regulatory measures for unification at the national level and to proactively consider the introduction of the legal trust system, in which education affairs are designated as local governments' own work and the state carries out specific affairs. The decentralization of local education finance is a key factor for the development of local education autonomy, and it requires the transfer of authority and resources to the region, and the enhancement of local autonomy and corresponding responsibility. First, the ratio of special grants must be adjusted further (from 3% to 2%) or the ratio of national policy projects must be lowered. Second, the provision that requires a consultation with a mayor/governor when making a budget covered by transfers from general accounts should be deleted. Third, it is necessary to remove the elements that limit the authority of city and provincial councils. Fourth, it is necessary to integrate the national education tax and the local education tax to create the education autonomy tax (tentative name) for only one independent purpose. Fifth, it is necessary to strengthen the distribution of the total amount of grants and abolish the settlement regulations for the measurement items of standard financial demand. Sixth is the expansion of the participation of stakeholders and experts in the grant distribution process. Seventh, it is necessary to establish a long-term employment system by designating the education finance field as a special field. Eight is the expansion of cooperative governance.

Pellet Made of Agricultural By-product and Agricultural Pellet Boiler System (농림부산물 원료 펠릿 및 농업용 펠릿 난방기)

  • Kang, Y.K.;Ryou, Y.S.;Kcang, G.C.;Kim, J.G.;Kim, Y.H.;Jang, J.K.;Lee, H.M.
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.252.2-252.2
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    • 2010
  • Biomass is considered to be a major potential fuel and renewable resource for the future. In fact, there is high potential to produce the large amount of energy from biomass around the world. In this study, to obtain basic data for practical application of wood pellet and wood pellet boiler system as heating system in agriculture, agricultural biomass resources were surveyed, pellet was made of agricultural by-product such as stem of rape, oat and rice, ricehusk and sawdust and wood pellet boiler system with capacity of 116 kW was manufactured and installed in greenhouse of $38.5m{\times}32m$. High heating value, bulk density and ash content of pellet made of agricultural by-product and efficiency and heating performance of this system was estimated. Rice straw was the largest agricultural biomass in 2005 and the total amount of rice straw converted into energy of $131.71{\times}10^{11}$ kJ. And in 2005, total amount of forest' by-product converted into energy of $29,277.05{\times}10^{11}$ kJ. High heating values of pellets made of agricultural by-products of stem and seed of rape, stem of oat, rice straw and rice husk were 16,034, 16,026, 16,089, 15,650, 15,044 kJ/kg respectively. High heating values of pellets made of agricultural by-products were 83.6% compared to that of wood pellet. Average bulk density of pellets made of agricultural by-products of stem and seed of rape, stem of oat, rice straw and rice husk was 1,400 $kg/m^3$. Ash contents of the pellets were 6.6, 7.0, 6.2, 5.5, 33% respectively. Ash content of rice husk pellet was the largest compared to other kind of pellets. To increase efficiency of agricultural pellet boiler, the boiler adopted secondary heat exchanger. The agricultural pellet boiler designed and manufactured in this study had high efficiency of 84.2% compared to the conventional agricultural pellet boiler, when water flow rate, exhaust gas temperature and average combustion furnace temperature were 39L/min, $180^{\circ}C$, $680^{\circ}C$ respectively. And pellet supplying and pausing time were 13, 43 seconds respectively. In March of 2010, prices of wood pellet, agricultural tax free diesel, diesel, kerosene were 350 won/kg, 811 won/L, 1,422 won/L, 976 Won/L respectively. Also in terms of energy, prices per same heating value were 77.8, 90.1, 158, 108.4 Won/Mcal. Energy saving rate of wood pellet was 16, 50, 39% compared to agricultural tax free diesel, diesel and kerosene respectively.

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