• Title/Summary/Keyword: cost/benefit

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A Study on the Economic and Social Benefits of the Microgrid Business Model in Island Areas : Consumer's Community Solar Participation in Development (도서지역 마이크로그리드 사업모델의 경제적, 사회적 편익에 관한 연구: 수요자의 태양광 에너지 공동체를 중심으로)

  • Lee, SangHee;Lee, Hae-Seok;Kim, Kyung Nam
    • Current Photovoltaic Research
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    • v.9 no.2
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    • pp.59-73
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    • 2021
  • The purpose of this study is to develop a business model that efficiently converts diesel power generation systems to renewable energy microgrids (MG) in large-scale islands. Most of the previous studies on the conversion of renewable energy MG in islands had limitations dealing with efficiency from the perspective of suppliers. However, the microgrid has the characteristic of getting benefits through the interaction between the consumer and the supplier. In addition, the efficient MG business model from the perspective of new institutional economics is a structure in which consumers and suppliers jointly participate. Therefore, this study assumed that the MG business model in which the supplier's MG and the consumer's community solar participated would benefit all participants, and verified the assumptions using domestic island data. In terms of supplier investment, the cost of power supply (LCOE) of assumed model was calculated to be 14.0% lower than that of the diesel model and 3.7% lower than that of the supplier-only MG model. From the perspective of consumer investment, electricity bills are expected to be reduced by more than 200,000 won per household per year through self-generation of solar power. Social benefits are expected to reduce external environmental costs. The CO2 emissions of the assumed model were calculated to be 39.5% lower than the diesel model and 1.5% lower than the supplier-only MG model. Therefore, the MG business model with consumer participation proposed in this study is expected to be an efficient alternative to renewable energy MG conversion in domestic islands, and is meaningful as an energy plan that improves the benefits of local residents.

An Empirical Study on the Economic Value to Eulsukdo based on SB-DC CVM (단일양분형 가상가치평가법을 이용한 을숙도 가치추정)

  • Joo, Soo Hyeon;Lee, Sun Young;Kim, Young Pyo
    • International Area Studies Review
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    • v.14 no.2
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    • pp.3-23
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    • 2010
  • The purpose of the study is to estimate value of the Eulsukdo that is attracting lots of birds. Eulsukdo became one of the most famous eco-tourism destinations worldwide and environmental restoration work is progressing with enormous budget. The input of the budget by policy judgement basically can be justified when the benefit excesses the cost in social aspect. Eulsukdo has external effect as cultural tourism resource but it is difficult to estimate the value in market. The study is to estimate the value of Eulsukdo through the single-bounded dichotomous CVM(Contingent Valuation Methods). According to analysis results, the mean WTP(Willingness to Pay) and the truncated mean WTP are estimated at 5,240 and 3,374 won in the log-normal model, and 5,888 and 3,232 won in the log-logistic model respectively. The annual total benefits value based on the truncated mean WTP is estimated at 3,870 million won in the log-normal model and 4,040 million won in log-logistic model. The result of this study will provide useful guide to policy makers and developers who fully realize the value of public goods.

Unmet healthcare Needs Status and Trend of Korea in 2019 (2019 미충족의료율과 추이)

  • Jang, Bich Na;Joo, Jae Hong;Kim, Hwi Jun;Park, Eun-Cheol;Jang, Sung In
    • Health Policy and Management
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    • v.31 no.2
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    • pp.225-231
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    • 2021
  • Unmet healthcare is an important indicator to measure accessibility of healthcare services. To examine the latest status of unmet healthcare needs in South Korea, the four different data which is composed of nationally representative sample of South Korean population were used; the Korea Health and Nutrition Examination Survey (KNAHANES, 2007-2019), the Community Health Survey (CHS, 2008-2019), the Korea Health Panel Survey (KHP, 2011-2017), and the Korean Welfare Panel Study (KOWEPS, 2006-2019). The proportion of individuals reporting unmet healthcare needs were 5.8% (KNHANES), 5.3% (CHS), and 11.6% (KHP). Annual percentage change (APC) which identifies trend for the follow-up period was -9.5%, -8.0%, and -6.5%, respectively. The proportion of individuals reporting unmet healthcare needs due to cost were 1.1% (KNAHANES), 0.7% (CHS), 2.4% (KHP), and 0.4% (KOWEPS). The APC was -10.5%, -14.2%, -12.2%, and -19.6%, respectively. Compared to last year, the rate of unmet healthcare needs has declined in general. However, the low-income and the elderly population were reporting the highest rate of unmet health care needs, and the disparity between lowest and highest groups were remained. These results suggest that adequate benefit coverage is needed for low-income and elderly population.

The Effect of Restaurant Owners' Perceived Benefits and Sacrifices on the Continuous Use Intention of Food Delivery App Services: Focusing on the Value-Based Adoption Model (외식업 점주의 배달앱 서비스 이용에 대한 지각된 혜택 및 희생이 지속이용의도에 미치는 영향: 가치기반수용모델을 중심으로)

  • Lee, Young Seok;Song, Jae Min;Yang, Sung Byung
    • The Journal of Information Systems
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    • v.30 no.2
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    • pp.215-241
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    • 2021
  • Purpose The purpose of this study is to analyze the impact of perceived value on the intention of continuous use of food delivery app services form the perspective of restaurant owners. We adopt the value-based acceptance model (VAM) in order to derive influential factors (i.e., perceived benefits and perceived sacrifices) that affect perceived value, which in turn leads to the continuous use of food delivery app services. In addition, the moderating role of restaurant type in the relationship between perceived benefits/sacrifices and perceived value. Design/methodology/approach An online survey was conducted on restaurant owners who are using domestic food delivery app services. Samples were collected using the quota sampling method in accordance with the current market share of food delivery app services. A total of 235 participants (restaurant owners) were identified as a valid sample and used for the final analysis. Findings Research findings of the study are as follows. First, sales increase and operational effort decrease among perceived benefits had a significant positive impact on perceived value. Second, perceived cost among perceived sacrifices had a significant negative impact on perceived value. Third, perceived value had a significant positive effect on the intention of continuous use. Finally, the moderating role of restaurant type was found only in the effect of operational effort decrease on perceived value.

Implant-assisted removable partial denture in a maxillary edentulous patient: A case report (상악 무치악 환자에서 전방부 임플란트 지지 고정성 보철물을 이용한 임플란트 보조 국소의치 수복 증례)

  • Kang, Hyun-Mo;Kim, Jee-Hwan;Kim, Jae-Young
    • The Journal of Korean Academy of Prosthodontics
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    • v.60 no.4
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    • pp.442-452
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    • 2022
  • Implant-assisted removable partial denture (IAPRD) can be considered as a simple and cost-effective treatment approach for an edentulous patient with anatomical or financial limitations. Recently, it was reported that the application of IARPD with implant supported fixed prostheses covered by the National Health Insurance Service (NHIS) were increasing. This case report describes the treatment of maxillary fully edentulous patient with anterior four-implant-supported fixed prosthesis and distal extension IARPD. This treatment approach may be advantageous over maxillary implant overdentures in some circumstances. The patient was satisfied with improved function and esthetics in the anterior area and financial benefit from the NHIS. Further long-term clinical studies are needed to establish clinical validity of the treatment approach described in this case report.

How Framing of the Benefits of Eco-friendly Products Alters Consumers' Choices: Non-Monetary Framing vs. Monetary Framing Following Hedonic Editing Hypothesis (친환경 제품 효익 제시 방법에 따른 친환경 제품 선택 비율 차이: 비금전적 제시 vs 쾌락적 편집 가설에 따른 금전적 제시)

  • Kim, Junyong;Jeong, Seonghyeon
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.65-81
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    • 2020
  • Purpose - This research aims to investigate how consumers' eco-friendly product choice ratio changes as the benefits of eco-friendly products are framed as (1) non-monetary benefits, (2) monetary gain integrated with the loss or (3) monetary gain segregated from the loss. Design/methodology/approach - A mixed-design, scenario-based choice experiment was conducted. A series of chi-square tests and residual analyses were conducted to analyze the data. Findings - When the monetary gain was larger or slightly smaller than the loss, the participants' eco-friendly product choice ratio was higher when the monetary gain was integrated with the loss than those in the other two conditions. When the monetary gain was significantly smaller than the loss, the participants' eco-friendly product choice ratio was lower when the monetary gain was integrated with the loss than those in the other conditions. The ratio did not differ between the latter two conditions. Research implications or Originality - This research shows that marketers should frame the benefits of eco-friendly products and their costs in different manners depending on the relative magnitudes of them. This research also complements the existing literature by comparing the effectiveness of non-monetary framing of eco-friendly product benefits with that of monetary framing following hedonic editing hypothesis.

Effect of stress-strain curve changing with equal channel angular pressing on ultimate strength of ship hull stiffened panels

  • Sekban, Dursun Murat;Olmez, Hasan
    • Structural Engineering and Mechanics
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    • v.78 no.4
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    • pp.473-484
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    • 2021
  • Similar to other structures, ultimate strength values showing the maximum load that the structure can resist without damaging has great importance on ships. Therefore, increasing the ultimate strength values will be an important benefit for the structure. Low carbon steels used in ships due to their low cost and good weldability. Improving the ultimate strength values without interfering with the chemical composition to prevent of the weldability properties of these steels would be very beneficial for ships. Grain refinement via severe plastic deformation (SPD) is an essential strengthening mechanism without changing the chemical composition of metallic materials. Among SPD methods, equal channel angular pressing (ECAP) is one of the most commonly used one due to its capacity for achieving bulk ultrafine-grained (UFG) materials. When the literature is examined, it is seen that there is no study about ultimate strength calculation in ships after ECAP. Therefore, the mean purpose of this study is to apply ECAP to a shipbuilding low carbon steel to be able to achieve mechanical properties and investigate the alteration of ship hull girder grillage system's ultimate strength via finite element analysis approach. A fine-grained (FG) microstructure with a mean grain size of 6 ㎛ (initial grain size was 25 ㎛) was after ECAP. This microstructural evolution brought about a considerable increase in strength values. Both yield and tensile strength values increased from 280 MPa and 425 MPa to about 420 MPa and 785 MPa, respectively. This improvement in the strength values reflected a finite element method to determine the ultimate strength of ship hull girder grillage system. As a result of calculations, it was reached significantly higher ultimate strength values (237,876 MPa) compared the non-processed situation (192,986 MPa) on ship hull girder grillage system.

Impact of Highway Construction on the Regional Economy: Gangil-Chuncheon Highway (고속도로 건설이 지역경제에 미치는 기여도 분석연구: 강일~춘천 고속도로)

  • Na, Sung-Yong;Lee, Du-Heon;Kim, Hyun-Woo
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.6_3
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    • pp.1183-1190
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    • 2022
  • Recently, the Ministry of Strategy and Finance announced a plan to reduce the proportion of economic evaluation in non-metropolitan areas and strengthen balanced development evaluation through the reorganization of the preliminary feasibility study system. In addition, the social value of the quality of life, such as job, environment, and safety, which may be affected by the implementation of transportation facility investment projects, was reflected as the main item of policy evaluation. In this study, the ripple effect of the project in terms of social value was reviewed for the Gangil-Chuncheon. The effect of highway opening was investigated by reviewing the feasibility report, post-evaluation report, and statistical indicators. Recently, the Gangil-Chuncheon highway is getting used by around 110,000 people per day. The number of tourists in Chuncheon rapidly has increased from 5 million a year to more than 11 million now. In addition, it was confirmed to produce effects such as population migration, net inflow and land price increase, improvement of living convenience, and expansion of emergency medical care. Although this ripple effect was influenced by various socio-economic factors as well as the opening of the highway, it is clear that it is difficult to occur without the opening of the highway. It is judged that the evaluation of indirect benefits and social values due to the opening of the highway can be quantified through continuous research and data construction. Post-evaluation of construction works, including project efficiency evaluation and ripple effect evaluation, is performed for construction works with a construction cost of more than 50 billion won. In the future, we will continuously improve the evaluation system in order to evaluate the indirect benefits and social values of public investment projects.

A Discussion on Determination of Suitable Size of Rain Tank Connected to Building Roof in Suwon District (건축물 지붕과 연결된 빗물저류조의 적정 규모 결정에 관한 고찰: 수원지역을 중심으로)

  • Noh, Huiseong;Ahn, Taejin
    • Journal of Wetlands Research
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    • v.24 no.3
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    • pp.161-169
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    • 2022
  • In this study to estimate suitable size of rain tank in Suwon district, monthly rainfall, daily rainfall duration curve and daily rainy days have been analyzed. Annual rainwater consumption and daily average amount of storage with respect to size of rain tank have been calculated by applying continuity equations that take account of daily rainfall, daily consumptive use, storage of rain tank, It has been shown that above 50 mm of rainfall in the ordinance related to reclamation water may be inappropriate regulation if annual amount of rainfall captured, efficiency of utilized rainwater, number of days for utilized rain tank, daily average amount of storage and daily consumptive use have been considered. Thus, it has been shown that suitable size of rain tank should be determined considering reasonable daily consumptive use with respect to district, constructed cost of rain tank and benefit of rain tank constructed.

Review on cost-benefit analysis of the rainwater harvesting system: method and sensitivity analysis (빗물이용시설의 경제성 분석 방법에 대한 검토: 방법 및 민감도 분석)

  • Donggyu Hwang;Sangho Lee;Namjoo Lee
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.446-446
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    • 2023
  • 우리나라는 물의 재이용 촉진 및 지원에 관한 법률에 따라 수자원의 지속 가능한 이용을 목적으로 빗물이용시설의 설치 및 운영을 법·제도적으로 의무화하고 있으며, 위 법에 근거하여 지방자치단체에서는 빗물이용시설의 설치를 장려하기 위한 재정 지원 정책을 시행하고 있다. 환경 투자사업의 일환인 빗물이용시설 설치 사업은 장기간에 대한 경제성 분석이 요구되며, 분석에 이용된 경제성 분석 방법 및 사회적 할인율에 따라 분석 결과가 상이할 수 있다. 이에 따라, 이 연구에서는 순현재가치와 편익-비용 비율을 비교·검토하여 빗물이용시설의 경제성 분석에 적합한 방법을 제시하였으며, 경제성 분석에서 불확실한 요소인 사회적 할인율과 물가상승률에 대한 민감도 분석을 통해 두 요소의 불확실성을 평가하였다. 분석 대상 시설은 인천 청라지구 1공구에 계획된 빗물이용시설이며, 경제성 분석 기간은 지방공기업법 시행규칙에 제시된 건축물의 내용 연수인 30년으로 하였다. 편익-비용 비율을 이용하여 빗물이용시설의 경제성을 분석한 결과, 저류용량이 285 m3에서 최대 수익률이 나타났으며, 순현재가치는 저류용량이 1105 m3일 때 최대 수익이 발생하는 것으로 분석되었다. 분석 대상 지역의 경우에 285 m3에 대한 양적 신뢰도는 7.3%로 빗물이용시설의 효과를 기대하기 어려운 결과이며, 이와 같은 결과는 편익-비용 비율이 사업의 경제성을 수익률로 평가함에 따라 투자 규모를 반영하지 않는 한계로 인한 것으로 판단된다. 사회적 할인율과물가상승률에 대한 민감도 분석 결과, 사회적 할인율이 낮아지고 물가상승률이 높아짐에 따라 빗물이용시설의 저류용량과 그에 상응하는 최대 순현재가치가 커지는 경향을 보였다. 이는 미래가치를 높게 평가할수록 빗물이용시설의 저류용량이 크게 설계될 수 있음을 의미한다.

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