• Title/Summary/Keyword: economic compensation

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Economic value evaluation of operating reserve based on opportunity cost (기회비용에 의한 운전예비력의 경제적 가치 평가)

  • Yoon, Yong-Beum;Lee, Jae-Gul;Ahn, Nam-Sung
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.751-753
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    • 2005
  • In this raper, Economic value of reserve margin i.i presented by opportunity cost for Korean power system, and the level of compensation for spinning reserve that is necessary to operate power system stably is proposed. The generator that is giving up for opportunity to participate in energy market must take opportunity cost. it is relative to not only whole demand level but also marginal cost of each resource. In this paper, assume that all resource in Korea is equivalent to six generator for simulation. and we evaluate value of reserve in the time of high demand and low demand. Also we propose the way to improve a evaluation method by examine relationship between capacity payment and value of reserve.

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Geodetic and Geophysical Analyses of Gravity Data In Korea

  • Kim, Sungkyun
    • Economic and Environmental Geology
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    • v.12 no.1
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    • pp.17-28
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    • 1979
  • Geodetic and geophysical quantities related to gravity data are analyzed using three-dimensional sin x/x method for the southern part of the Korean peninsula and adjacent Japan Sea. The thickness of isostatic crust is found as 26 km. The average isostatic gravity anomaly in this area is appeared to be +24.8 mgal, of which result indicates that the surface features are under-compensation or the thickness of the crust is thinner than normal. It is noteworthy that the general trend of the deflections of the vertical in direction is nearly perpendicular to the geological structure having a direction of NNE-SSW in the southern part of Korea.

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Shopping Orientation and Clothing Benefit Sought by the Preference for Fast-Fashion

  • Kim, Sun-Bee
    • International Journal of Costume and Fashion
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    • v.6 no.2
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    • pp.1-10
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    • 2006
  • The purpose of this study was to identify the differences in shopping orientation and clothing benefit sought of a group of consumers according to the preference for fast-fashion. Data were collected from a questionnaire conducted on 416 female adults. The results were as follows. First. the factor analysis used to identify shopping orientation involved the following five factors: hedonic. economic. convenient. brand-oriented. and relation-oriented. The dimensions of the clothing benefit sought consisted of fashion. social status. practicality. figure flaw compensation. and sex appeal. Second. the differences in shopping orientation and clothing benefit sought according to the preference for fast-fashion were identified using a t-test. The consumer group preferring fast-fashion exhibited a hedonic. convenient shopping orientation. and the non-preferring group exhibited an economic. brand-oriented shopping orientation. The consumer group preferring fast-fashion pursued fashion and sex appeal clothing benefits. and the non-preferring group pursued social status and practicality clothing benefits.

Fisheries Resources -A Brief Introduction of the Republic of Senegal

  • Mbengue, Modou
    • Journal of Marine Bioscience and Biotechnology
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    • v.3 no.1
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    • pp.38-41
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    • 2008
  • Fish is a major source of protein for the Senegalese population. Fishing plays a dominant role in the Government's policy towards generating employment. It currently generates about 100,000 direct jobs (fishermen) for nationals, of which more than 90% are in small-scale fishing. The fishing industry also contributes to Government revenue through different agreements. In addition to associated dues, fishing agreements imply a series of economic, trade and technical counterparts. Under the latest fishing agreement concluded by Senegal and the European Union (1997-2001), direct financial compensation amounts to about CFAF 32 billion. Despite its economic and social importance, the sector has to face serious disequilibria both in resource exploitation and market supply: the coastal demersal (deep lying fish) stocks with high market value (mostly exported) are fully and even over-exploited, with a serious risk of local market supply shortages looming ahead as the fishing effort shifts from locally consumed species to export-oriented ones.

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A Study on Enhancing the Load Power Factor from the Point of View of Economic Operation Using the Load Power Factor Sensitivity Method (부하역률 감도기법 적용에 의한 전력시스템의 경제운용 측면에서의 역률개선 방안 연구)

  • Lee B. H.;Kim J. H.
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.153-155
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    • 2004
  • Various problems such as the increase of the power loss and the voltage instability may often occur in the case of low load power factor. The demand of reactive power increases continuously with the growth of active power and the restructuring of electric power companies makes the integrated management of ractive power a troublesome problem, so that the systematic control of load power factor is required. In this paper, the load power factor sensitivity of the generation cost is used for determining the locations of reactive power compensation devices effectively and for enhancing the load power factor appropriately. In addition, the integrated costs are used for determining the value of the load power factor from the point of view of the economic operation. It is shown through the application to a large-scale power system that the system power factor can be enhanced effectively and appropriately using the load power factor sensitivity and integrated costs.

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An Empirical Study on the Socio-Structural Causes of Working Poor in Korea(1982-2004) : Verification of the Effect of Macro-Economy, Labor Market, Distribution System on the Poor of Labor Households (우리나라 근로빈곤의 사회구조적 원인에 대한 실증 연구(1982-2004) : 거시경제, 노동시장, 분배제도가 근로자가구의 빈곤에 미친 영향의 검증)

  • Sim, Sang-Yong
    • Korean Journal of Social Welfare
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    • v.58 no.4
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    • pp.313-339
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    • 2006
  • The purpose of this study is to analysis empirically the socio-structural causes of working poor. This study used raw data of of Korea National Statistical Office from 1982 to 2004, and put in operation time series multiple regression analysis to use socio-economic factors of macro-economy environment, labor market, distribution system. Contrary to assertion of growth-concentrated people, economic growth rate has had significantly positive effect on the change of working poor size. In the growth period there has been trickle down effect of economic growth, but in the post-Fordism period there has not been valid circular relation. Recent introduction of the U. S. type capitalism resulted in negative phenomenon like aggravation of income distribution, deterioration of employment quality, enlargement of working poor. And there rise a question on socio-economic durability due to de-compensation on intra-institution. It is necessary to grope transition to the high road social market model - that is stable and sustainable - correspond to Korea that is stable and sustainable.

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Securing Land Rights in Myanmar Development Project : Focusing on Foreign Investment and Land System (미얀마 개발사업 추진시 토지권리 확보방안 : 외국인투자 및 토지제도를 중심으로)

  • Jeong, Yeun-Woo
    • Land and Housing Review
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    • v.8 no.3
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    • pp.145-159
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    • 2017
  • Despite the longing for democracy of most people, Myanmar has missed opportunities for social and economic development by military dictatorship. However, since 2010, the civilian government has gained new opportunities for reform. After turning to economic reform, developed countries such as the US and EU lifted the economic sanctions that they had taken in the past. As a result, it is growing rapidly compared to neighboring countries due to attracting foreign capital, tariff benefits on export items, and expansion of industrial infrastructure. Despite the increased investment value due to economic growth and democratization, the complex and customary land system of Myanmar must be an uneasy factor in securing stable land rights when entering overseas markets. Therefore, this study sought the method of securing the land rights in the development project through the analysis of the foreign investment system in Myanmar and the investigation of joint development cases. The results of this study are as follows. First, the acquisition of land use rights at the early stage of development can be considered through the foreign investment system. Under the Foreign Investment Law and Myanmar Investment Law, the land can be used for up to 70 years, and Under the Special Economic Zone Law, the land can be used for up to 75 years. Second, in relation to land compensation, it is required to establish a detailed resettlement plan for the indigenous people as the difficulty of land acquisition is expected due to the recent democratization trend and strengthening the voice of residents. Third, land use at the operational stage can be achieved by leasing the land from developers, and this will be the most realistic plan at present. In other words, the developer can directly develop the land created under the Foreign Investment Law and the Special Economic Zone Law, or Sub-lease and transfer the land use right to a third party.

Quantification of Ecological Impact as a Basis for Evaluation (독일에서의 환경영향의 정량적 평가)

  • Schweppe-Kraft, Burkhard
    • Journal of Environmental Impact Assessment
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    • v.2 no.2
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    • pp.59-71
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    • 1993
  • Evaluation methods are employed in environmental impact assessment to choose between different project site, to determine the required measures to compensate impact and to decide whether the environmental impacts are more important than the social or economic effects of a project. The main obstacles that restrict use of quantitative evaluation method are a Lack of knowledge about the environmental effects (e.g. if impacts on wildlife or landscape amenities are predicted) and the relative importance of economic and social issues compared with nature conservation stability of ecosystem or landscape beauty. In Germany, the most common method for site planning is the "ecological risk analysis". It is a kind of multi-criteria-decision-method based on quantitative and qualitative description and ordinal ranking. The various kinds of "ecological balancing methods" that are more recently developed (within the last decade) to quantify the required amount for compensatory measures instead often use cardinal figures to express the value of ecosystems, the intensity of impacts, the need for additional measures to compensate for long recuperative periods when restoring ecosystems and so on. There are still only a view attempts to quantify decisions between environmental and socio-economic issues. Multicriteria-analysis as well as cost-benifit-analysis was used. Some new approaches which are still in a preliminary status are based on contingent valuation and on calculations for compensatory payments (instead of compensatory measures).

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A study on village economic cooperative in the city of China

  • Chen, Lifeng;Jin, Shanyue
    • International Journal of Advanced Culture Technology
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    • v.8 no.3
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    • pp.1-9
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    • 2020
  • According to the 2012 social blue book released by the Chinese Academy of Social Sciences, China's urban population reached 50% in 2011. With the migration from marriage and new household registration, many urban collective assets have been formed in cities. Due to the unclear property rights and the emptiness of the main body, the distribution of collective assets mostly depends on the village cadres. The central government is preparing relevant laws and regulations to fill this legal gap, while the scheme of restructuring is decided by the villagers' vote, the local government coordinate the land acquisition and management. With the process of urbanization, a large number of second-generation of demolition studied abroad, which has attracted worldwide attention. In addition to the huge amount of compensation, due to the continuous rising of the land price, the value of the collective property and enterprises on the land also keep rising, the management agency of these assets is named village economic cooperative. This paper seeks to analyze the current status and future direction of these wealthy organizations, propose solutions to some existing problems.

Effectiveness analysis about Readjustment of Fishery Permit (어업허가 일제정비제도 도입에 따른 효과분석)

  • Lee, Kwang-Nam;Jung, Jin-Ho
    • The Journal of Fisheries Business Administration
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    • v.42 no.2
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    • pp.97-112
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    • 2011
  • The coastal and offshore fishery to manage from a fishery permit system in our country at present seems to be a sign of lots problem, which are illegal fishing, a permit rent, non fishing vessel the purpose of vessel reduction, fishery compensation, tax exemption oil, the excessive occurrence of administrative cost due to differences during a period of a fishery permit. All the readjustment system for the permit has suggested an effective solution for a fishery permit management, the maintenance of a fishery order(the prevention of illegal fishery), the prevention of unused fishery, the entrance of new vessel in coastal fishery and it's system has prevent this problems in ahead. This paper has estimated an prevention convenience for an illegal spill of the tax exemption oil, actual effects of vessel reduction, the conservation of fishery resource for the future value and carried out an economic analysis to estimate compliance cost for the system introduction. Also, this study have analyzed throughly the coastal fishery situation and catched lots of issues on the management for the permit system. Especially, the problems improving the readjustment introduction for the permit have estimated the social and economic effects quantitatively and qualitatively with a calculated technique to classify various scenarios. This paper has judged correctly the term of validity for the permit to shorten as a result of the estimation and it will be to take the net convenience cost 1,655thousand million won. The results of this study have expect to provide a basic data to introduce the readjustment system for the permit.