• Journal of Environmental Policy
• /
• v.8 no.3
• /
• pp.181-206
• /
• 2009

The purpose of this paper is to analyze economic adequacy by estimating the benefit-cost for bird eco-park, eco-center, eco-river, and eco-waterway, which will be built in the new town of Kimpoo, Yangchon. This paper attempts an economic analysis for the development of an eco-friendly new town. The rates of B/C (benefit-cost) in all scenarios are over one. Especially, the B/C rate of the eco-center is the most efficient of the four eco-facilities by 5.02 - 3.75. In addition, the construction costs of the five eco-facilities are assumed to be 50 percent higher, though their economic soundness is maintained. This paper implies that providing ecological variety is one of the core components in constructing housing complexes and suggests that the construction of housing be harmonized with zero-carbon and energy efficient methods.

• Journal of Environmental Policy
• /
• v.8 no.3
• /
• pp.81-113
• /
• 2009

This study conducted a regulatory impact analysis regarding the introduction of the Korean version of REACH(Registration, Evaluation and Authorization of Chemicals). The direct cost of the Korean REACH is estimated at a total of 101 billion Korean won over the 11 year period. The cost includes pre-registration, testing, registration, Chemical Safety Assessment(CSA) and Chemical Safety Report(CSR), evaluation, and the authorization costs of 15,223 chemical substances produced and imported more than 1 ton per year in Korea in 2006. With regard to the benefit, the only public health benefit is included in the estimation. Based on the available foreign and domestic data, this study estimated that the economic values of public health benefits are in the range of 33.2~138.6 billion Korean won if only the savings of the National Health Expenditures are considered and it reaches 203.9~1,640.3 billion Korean won if the willingness to pay(WTP) for disease prevention is included. This study proved that the Korean REACH passed the cost/benefit criteria. The benefit-cost ratio of the Korean REACH, however, is estimated to be lower than its EU counterpart. Thus it is suggested that a rigorous study to reduce the costs to industry be required before the Korean government introduces the Korean REACH.

• The Journal of Korean Institute of Communications and Information Sciences
• /
• v.36 no.3B
• /
• pp.240-247
• /
• 2011

In this paper, we made cost & benefit analyses of both WLAN-based and WiBro-based wireless networks for U-City(Ubiquitous City). We obtained basic data for cost analysis such as the number of network equipments through cell design and cell-coverage analysis. Also we made benefit analysis considering technical features of WLAN and WiBro networks. By cost & benefit analysis, we have reached conclusions that WiBro-based wireless network has earlier BEP(Break-Even Point) and larger NPV(Net Present Value) than WLAN-based network, and that WiBro is more efficient wireless network for U-City.

• Proceedings of the Safety Management and Science Conference
• /
• 2001.11a
• /
• pp.175-179
• /
• 2001

• Journal of the Korean Society of Safety
• /
• v.30 no.1
• /
• pp.1-7
• /
• 2015

This study first addresses the ineffectiveness of indirect regulation on industrial machines. Analysis of causes of industrial accidents associated with industrial machines further reveals the fact that technical causes need to be resolved at the manufacturing stage to reduce the frequency and strength of industrial accidents. Balanced safety certification on manufacturers and safety inspection on users of industrial machines are then suggested to effectively resolve such technical causes. The effectiveness of such safety certification and safety inspection can be justified by cost-benefit analysis. Particularly, balance in expected benefits of safety certification and safety inspection is a key issue for validity of such analysis. The accumulated benefit-costs for press brake and portable sawing machine confirm the effectiveness of such safety system.

• Journal of Korean Library and Information Science Society
• /
• v.35 no.4
• /
• pp.491-516
• /
• 2004

The purpose of this study is to analyze the approach of economic feasibility and political and technical feasibility in the construction of a new public library. The results show that the cost-benefit analysis using in economic feasibility have the problems of benefit counting and discount rate, and also political and technical feasibility have the problems of wrong use in the rationalization of construction project. The result of this study is expected to be useful in preparing the feasibility study.

• Journal of the Korea Safety Management & Science
• /
• v.12 no.1
• /
• pp.119-126
• /
• 2010

This paper presents an economic analysis for the travel aids service system for visually handicapped persons through RFID (Radio Frequency Identification). This research estimates both cost and economic effect of the service. By using input-output analysis technique, three kinds of repercussion effects - domestic production, value added, and workers induced by the travel aids service - are also calculated. To evaluate the profitability of the service, we investigate the procedures through which the service has an effect on the interested parties and develop formulas describing the procedures. The benefit of the service have been generally obtained by measuring the willingness to pay (WTP). This paper, however, obtains the monetary value of benefit by estimating the parameters of the formulas, so that a close improvement of the service may be possible with the result of the economic analysis.

• Wind and Structures
• /
• v.14 no.1
• /
• pp.71-80
• /
• 2011

This study presents a decision making process for installation of wind barrier which is used to reduce the wind speed applied to running vehicles on expressway. To determine whether it is needed to install wind barrier or not, cost and benefit from wind barrier are calculated during lifetime. In obtaining car accidental risk, probabilistic distribution of wind speed, daily traffic volume, mixture ratio in the volume, and duration time for wind speed range are considered. It is recommended to install wind barrier if benefit from the barrier installation exceed construction cost. In the numerical examples, case studies were shown for risk and benefit calculation and main risky regions on Korean highway were all evaluated to identify the number of installation sites.

• Journal of the Korea Society of Computer and Information
• /
• v.21 no.6
• /
• pp.117-125
• /
• 2016

In this research, economic analysis of Integrated Information System for Nano-convergence Industy (hereafter 'NANOIN'), which was developed and has been in operation by Organization of Nano-convergence Industrial Cooperation, is conducted. For this purpose, the research has been carried out in the following order. First, NANOIN user's maximum willingness-to-pay is estimated using contingent valuation method, the number for NANOIN users is estimated using Bass Diffusion Model, and annual benefit from NANOIN is estimated. Next, annual cost from NANOIN is estimated using annual budget for NANOIN related planned activities. Finally, economic value of NANOIN is evaluated using economic analysis applied to the estimated annual NANOIN benefit and cost. From the economic analysis, it is found that NANOIN has some economic value. It is expected that the procedures suggested in this research can help to systematically evaluate economic value for public goods which have not only uncertain benefit from user's side but also uncertain demand just like NANOIN.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.29 no.5
• /
• pp.86-93
• /
• 2015

Recently, ESS became efficient device to stabilize electric power supply system with the development SG related technology. In fact. there are some constraints to supply ESS, because of the high cost and required space, but rapid technology development for ESS will make it more useful soon. So, through this paper, we analyzed the benefit and demand effect when the battery is applied the building based on the measured energy consumption. After that, we got the conclusion that there is a volume limit in ESS application, in a benefit view point. And we realized that there is a demand violation, and the Cost-based BEMS is the best solution to enhance the effect of ESS application.