• Title/Summary/Keyword: Vulnerable Industries

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Competitiveness of Energy Intensive Manufacturing Industries on Greenhouse Gas Mitigation Policies: Using Price Setting Power Model (온실가스 저감정책에 대한 에너지 다소비 제조업의 경쟁력 분석: 가격설정력 모형을 이용하여)

  • Han, Minjeong;Kim, Youngduk
    • Environmental and Resource Economics Review
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    • v.20 no.3
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    • pp.489-529
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    • 2011
  • When greenhouse gas mitigation policies are implemented, energy intensive manufacturing industries are influenced much due to an increase in cost. However, industries that have price setting power are damaged less by the policies. Therefore, this paper analyzes vulnerability of energy intensive manufacturing industries to the policies by measuring price setting power of the industries. We analyzed price setting power model through ECM, employing the import prices and wages as independent variables. The industries that their prices react to import prices are price takers, which their prices are determined by rival's ones. On the other hand, the industry that their prices react to wages that mean domestic cost are price setters, and they will be less vulnerable to the policies. In addition, fluctuation of energy prices would be reflected in import prices because it influences other countries than my one. Thus, we employed energy prices as control variable to measure the net effects of import prices. As empirical results, petroleum products, chemical products, non-metallic mineral products, textiles, and motor vehicles sector have price setting power, so the industries have competitiveness on greenhouse gas mitigation policies.

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Analysis of Environmental Complaints for Receptor-oriented Risk Management: Busan as a Case Study (수용체 기반 지역 위해관리를 위한 환경관련 민원 분석: 부산시 사례를 중심으로)

  • Kim, Shijin;Jung, Dawoon
    • Journal of Environmental Health Sciences
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    • v.45 no.6
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    • pp.605-612
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    • 2019
  • Objectives: This study aims to examine receptor-perceived characteristics of environmental and health damage in areas surrounded by industrial workplaces using environmental complaints collected by local governments in Korea. Methods: The environmental complaint data related to workplaces was collected by local governments at each municipality between the years 2015 and 2017. We analyzed the complaint data from the Busan area by the type of business (industry classification), the content of complaints (odor, smoke, noise, and certain health damage), and the frequency of complaints. Results: Among the workplaces examined, industry categories related to retail and service received the highest frequency of complaints related to noise. On the other hand, complaints of dust and odors were raised in higher frequency against manufacturing industries, indicating that air pollution was the main driver of such complaints. Most of the complaints regarding health effects from industries also contained other complaints, such as odor, noise, and dust. Our results indicate that environmental discomfort can lead to more serious health damage, and should be dealt with more seriously. Further management plans for mitigating discomforts such as noise are necessary. Conclusion: This study can be used as background data for identifying the policy priorities related to vulnerable areas polluted by industry and will contribute to improving the environmental health of residents in identified areas.

Current status of global dairy goat production: an overview

  • Miller, Beth A.;Lu, Christopher D.
    • Asian-Australasian Journal of Animal Sciences
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    • v.32 no.8_spc
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    • pp.1219-1232
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    • 2019
  • The global goat population continues to grow and is now over one billion. The number of goats raised primarily for milk production is also growing, due to expanding demand. Most of the world dairy goat production and consumption is in Asia, but a global view of the dairy goat sector reveals important lessons about building successful modern dairy goat industries. The most organized market for goat milk is found in Europe, especially in France. The European goat sector is specialized for milk production, mostly for industrial cheesemaking, while also supporting traditional on-farm manufacturing. Government involvement is significant in sanitary regulation, research, extension, support for local producer organizations, and markets, and ensures safety and quality. Nonetheless, producers are still vulnerable to market fluctuations. New dairy goat industries are developing in countries without a long goat milk tradition, such as China, the United States, and New Zealand, due to rising consumer demand, strong prices, and climate change. The mix of policies, management and markets varies widely, but regardless of the country, the dairy goat sector thrives when producers have access to markets, and the tools and skills to sustainably manage their livestock and natural resources. These are most readily achieved through strong and inclusive producer organizations, access to technical services, and policies that enable the poor and marginalized groups to benefit from increasing demand.

The Impact of COVID-19 Pandemic on Firm Performance: Empirical Evidence from Vietnam

  • BUI, Trung Huy;NGUYEN, Huong Thu;PHAM, Yen Nhu;NGUYEN, Trang Thu Thi;LE, Linh Thao;LE, Giang Thu Tran
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.101-108
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    • 2022
  • The outbreak of Coronavirus disease 2019 (COVID-19) has caused serious impacts not only on human health but also on the economies around the world. Enterprises play an important role in the development of every country but it is also one of the most affected sectors during the pandemic. Drawing on panel data of 131 enterprises listed on the Vietnamese stock exchange from 2016Q1 to 2021Q3, this study aims to investigate the impact of the COVID-19 pandemic on firm performance. Enterprises are classified into seven industries including Agriculture, Material, Industry, Real estate and Construction, Energy, Consumer, and Service. The paper also analyzes the variation of the effects among companies, focusing on differences in revenue and capital structure. The results show that the COVID-19 pandemic negatively affects business performance. In addition, the empirical findings indicate that revenue and debt decreasing can cause deterioration of firm performance during the pandemic period. The decrease in revenue has a direct impact on firm profitability. The reduction of debt levels affects the corporate leverage leading to adverse effects on firm performance. The negative effect is more pronounced for companies in some specific sectors including industry, real estate, construction, consumption, and services.

High Flame Retardancy and High-strength of Polymer Composites with Synergistically Reinforced MOSw and EG

  • Kim, Chowon;Lee, Jinwoo;Yoon, Hyejeong;Suhr, Jonghwan
    • Composites Research
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    • v.35 no.5
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    • pp.359-364
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    • 2022
  • Polymers are inherently vulnerable to flame, which limits their application to various high-tech industries. In addition, environmental regulations restrict the use of halogen-based flame retardants which has best flame-retardant effect. There are inorganic flame retardants and phosphorous flame retardants as representative non-halogen-based flame retardants. However, high content of flame retardants is required to impart high flame retardancy of the polymers, and this leads to a decrease in mechanical properties. In this research, a new approach for inorganic flame retardant-based polymer composites with high mechanical properties and flame retardancy was suggested. Inorganic flame retardants called as magnesium oxysulfate whisker (MOSw) were used in this research. MOSw can extinguish fire by releasing water and non-combustible gases when exposed to flame. In addition, they have reinforcing effect when added into the polymer with its high aspect ratio. Expandable graphite (EG) was used as a flame-retardant supplement by helping to form a more dense char layer. Through this research, it is expected that it can be applied to various industries requiring flame retardancy such as automobile, and architecture by replacing halogen-based flame polymer composites.

The Impact of Social disaster by COVID-19 on Consumer Price Index: Focused on Culture, Sports and Tourism (COVID-19가 유발한 사회재난이 소비자물가지수에 미치는 영향: 문화체육관광분야를 중점으로)

  • Lee, Da-Hye;Chang, In-Hong
    • Journal of Integrative Natural Science
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    • v.14 no.3
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    • pp.130-138
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    • 2021
  • The outbreak of COVID-19 has had a huge impact on human life. The World Bank group (WBG) has stated that 2020 is the worst year since World War II for economic growth. An epidemic of an infectious disease such as COVID-19 is classified as a "social disaster" by law. The social disaster caused by COVID-19 puts certain industries, occupations and vulnerable groups at risk of exclusion and isolation. This paper intends to examine the fluctuations in the consumer price index in the cultural, sports and tourism sector before and after the onset of COVID-19. In addition, it predicts the consumer price index by sector until December 2021 and reveals its implications.

Technology Trends in Post-Lithium Secondary Batteries (포스트 리튬 이차전지 기술 동향)

  • Y.H. Choi;H.S. Chung
    • Electronics and Telecommunications Trends
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    • v.38 no.6
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    • pp.128-136
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    • 2023
  • Lithium accounts for only 0.0017% of the earth crust, and it is produced in geographically limited regions such as South America, the United States, and China. Since the first half of 2017, the price of lithium has been continuously increasing, and with the rapid adoption of electric vehicles, lithium resources are expected to be depleted in the near future. In addition, economic blocs worldwide face intensifying scenarios such as competition for technological supremacy and protectionism of domestic industries. Consequently, Korea is deepening its dependence on China for core materials and is vulnerable to the influence of the United States Inflation Reduction Act. We analyze post-lithium secondary battery technologies that rely on more earth-abundant elements to replace lithium, whose production is limited to specific regions. Specifically, we focus on the technological status and issues of sodium-ion, zinc-air, and redox-flow batteries. In addition, research trends in post-lithium secondary batteries are examined. Post-lithium secondary batteries seem promising for large-capacity energy storage systems while reducing the costs of raw materials compared with existing lithium-based technologies.

An Analysis of the Absolute Vs. Conditional Convergency Hypothesis and the Determinants of Labor Productivity in Manufacturing Industries: The Korean Case (16개 광역시도별 제조업 부문에 대한 절대적 및 조건부 수렴가설 검증 및 생산성 결정요인 분석)

  • Park, Chuhwan;Shin, Kwang Ha
    • International Area Studies Review
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    • v.17 no.4
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    • pp.89-106
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    • 2013
  • In this paper, we analysed the absolute and conditional convergency hypothesis and the determinants of productivity in manufacturing industries from 2000 to 2009 with 16 provinces and metro-cities by using panel analysis. In terms of convergency hypothesis test, the results show that both of the convergency hypothesis, the absolute vs. conditional hypothesis, reject the null hypothesis(H0) implying the labor productivity of the 16 province and metro-cities converged to the steady state equilibrium. Also, the speed of the absolute and conditional convergency for the 16 province and metro-cities are average 4.4% and 0.73% respectively. In addition, the results of the determinants of the labor productivity in manufacturing industry show that human capital and manufacturing location coefficient affect to the value- added per capita significantly, but government expenditure per capita doesn't affect to the value- added per capita. As for the total factor productivity, government expenditure per capita and fixed capital per capita are important factors, but research and development doesn't. Hence the government has to revise the balanced regional development policy to develop regional manufacturing industries for the vulnerable regions. Also, it requires more study regarding income disparities and productivity.

An Analysis of the Water Quality Improvement Measures and Evaluation of Wonju Stream (원주천 수질개선 방안 및 개선효과 평가)

  • Kum, Donghyuk;Shin, Minhwan;Yu, Nayeong;Lee, Seolo;Kim, Dongjin;Sung, Younsoo;Lee, Sang Soo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.63 no.1
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    • pp.61-73
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    • 2021
  • Recently, the deterioration of water quality in Wonju stream has been reported due to the increase in diverse pollution sources along with community development and urbanization. Various types of attempts with a huge budget were made for better water quality so far, but its effectiveness is still doubted. In order to establish site-oriented measures for water quality improvement, the topographic and hydrologic factors were evaluated based on site inspection and survey. As the major streams merged into the Wonju stream, the Hwa and Heungyang streams were found to have higher pollution loads and contributions compared to other streams due to the scattered livestock farms and industries, and vulnerable land use. Notably, the discharge water from the Wonju Public Sewage Treatment Plant had the highest level of pollution load, impacting on the water quality of Wonju Stream. According to the SWAT model as water quality measures, the improvement effect of water quality in this treatment plant can be reached to the reductions in BOD 11.06%, T-N 23.56%, T-P 10.60% when the proper managements applied, whereas the improvement of water quality would be 3.89%, 1.23%, and 3.32% for BOD, T-N, T-P, respectively, for the industries. The reduction of the livestock industry was generally very high as a pollution source, but it was not much higher at the end of Wonju Stream than other measures. These results recommended that the water q uality improvement measures should be designated for each upper-middle-lower section in Wonju stream.

Case Study on the Analysis of Disaster Vulnerabilities (Focused on the Fire & Explosion in the N-Industrial Complex) (재난 취약성 분석에 관한 사례연구(N공단의 화재·폭발을 중심으로))

  • Ha, Kag Cheon
    • Journal of the Korean Society of Safety
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    • v.36 no.2
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    • pp.94-100
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    • 2021
  • In general, the industrial complex is a place where factories of various industries are concentrated. It is only as efficient as it is designed. However, the risks vary as there are various industries. These features are also associated with various types of disasters. The dangers of natural disasters such as a typhoon, flood, and earthquake, as well as fire and explosions, are also latent. Many of these risks can make stable production and business activities difficult, resulting in massive direct and indirect damage. In particular, decades after its establishment, the vulnerabilities increase even more as aging and small businesses are considered. In this sense, it is significant to assess the vulnerability of the industrial complex. Thus analysing fire and explosion hazards as stage 1 of the vulnerability evaluation for the major potential disasters for the industrial complex. First, fire vulnerabilities were analyzed quantitatively. It is displayed in blocks for each company. The assessment block status and the fire vulnerability rating status were conducted by applying the five-step criteria. Level A is the highest potential risk step and E is the lowest step. Level A was 11.8% in 20 blocks, level B was 22.5% in 38 blocks, level C was 25.4% in 43 blocks, level D was 26.0% in 44 blocks, and level E was 14.2% in 24 blocks. Levels A and B with high fire vulnerabilities were analyzed at 34.3%. Secondly, the vulnerability for an explosion was quantitatively analyzed. Explosive vulnerabilities were analyzed at 4.7% for level A with 8 blocks, 3.0% for level B with 5, 1.8% for level C with 3, 4.7% for level D with 8, and 85.8% for level E with 145. Levels A and B, which are highly vulnerable to explosions, were 7.7 %. Thirdly, the overall vulnerability can be assessed by adding disaster vulnerabilities to make future assessments. Moreover, it can also assist in efficient safety and disaster management by visually mapping quantified data. This will also be used for the integrated control center of the N-Industrial Complex, which is currently being installed.