• 국제학술발표논문집
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• The 9th International Conference on Construction Engineering and Project Management
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• pp.1017-1023
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• 2022

Past research shows that the construction of new infrastructure accelerates economic growth in the region by attracting more people and commodities. However, the previous studies only considered large-scale infrastructures such as sea-cross bridges and channel tunnels. There is a paucity of literature on regional infrastructure and its impact on socio-economic indicators. This paper explores the impact of new bridge construction on the human population, particularly focusing on regional bridges constructed during the 2000s in the state of Georgia. The human population at a county level was selected as a single socio-economic factor to be evaluated. A total of 124 cases were investigated as to whether the emergence of a new bridge affected the population change. The interrupted time series analysis was used to statistically examine the significance of population change due to the construction by treating each new bridge as an intervention event. The results show that, out of the 124 cases, the population of 67 cases significantly increased after the bridge construction, while the population of 57 cases was not affected by the construction at a significance level of 0.05. The 124 cases were also analyzed by route type, functional class, and traffic volume, but the results revealed, unlike large-scale infrastructure, that no clear evidence was found that a new bridge would bring an increase in the human population at a county level.

• 한국건축시공학회지
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• 제8권1호
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• pp.71-76
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• 2008

Recently, the high-rise apartment housings have become a prototype of the urban residential dwelling in Korea and the numbers of one have steadily been increasing. According to this trend, the strength of the construction materials is also fortified to assure the stability and durability of the buildings. Specially, Re-bar of SD500 type is largely used at the construction sites of high-rise building. This study analyzes the current usage of SD500 high-strength re-bar at domestic construction sites. Through the result of this analysis, we develop Economic Evaluation Model that measure economic efficiency of lap splice and coupler splice, which are most commonly used in connection SD500. The evaluation method was applied to construction sites in Seoul in December 2006, and the result revealed that coupler splice is relatively superior in terms of cost efficiency when the re-bar diameter is longer and the concrete strength is lower.

• 한국도로학회논문집
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• 제15권2호
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• pp.149-157
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• 2013

PURPOSES : This study is to analysis for benefit and construction cost in underpass for small vehicles. METHODS : The study was performed using the traffic software VISSIM 5.20 for analysis on a variety of traffic conditions and analysed of benefits of changes through analysis of travel speed and travel time after modeling of existing underpass and small vehicle underpass. RESULTS : Results of this study, the benefits will be reduced by the introduction underpass for small vehicles were analyzed because heavy vehicles use the intersection above the underpass. However, it was required economic analysis considering both the benefits reduction and the construction costs reduction because it has the effect of reducing the construction cost. Showed that the difference in benefit changes depending on the v/c and heavy vehicles ratio and construction cost was difference by types of underpass. As a result of performing economic analysis with total benefits and construction cost, it was analyzed to be economical in underpass over a certain size. CONCLUSIONS : The result of this study are expected to be able to contribute to reviewing for feasibility due to the small vehicles underpass introduction and economic analysis. The study is case study to the underpass in Daegu. Therefore, the future requires the calculation of benefits reflect a wider range of traffic conditions and the economic analysis to construction cost calculation for various types of grad separation facilities.

• 국제학술발표논문집
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• The 5th International Conference on Construction Engineering and Project Management
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• pp.28-35
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• 2013

The construction industry has introduced the Leadership in Energy and Environmental Design (LEED) rating system to promote objective evaluations of the sustainability of buildings. Three important values to consider when implementing sustainability are the associated environmental, social, and economic impacts. Recently, researchers have begun to investigate the real estate value of LEED certified buildings in terms of the rental cost, occupancy rate, cost per unit area, and resale value in order to better understand the economic benefits of the LEED rating system. However, the economic benefits also encompass economic effects such as the impact of LEED certified buildings on neighborhood real estate values surrounding the certified buildings. This research examines whether the enhanced real estate value of LEED certified buildings in New York City extends to surrounding commercial buildings, utilizing spatial analysis via a Geographic Information System (GIS) and the hedonic pricing method to derive meaningful economic relationships. The results provide practical insights into the economic effect of LEED certified buildings that will be of interest to city officials and planners, as well as the owners, developers, investors and other stakeholders of surrounding buildings.

• 한국도로학회논문집
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• 제16권1호
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• pp.75-89
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• 2014

PURPOSES : This study evaluates the economic value of national highway construction projects using Real Option Pricing Models. METHODS : We identified the option premium for uncertainties associated with flexibilities according to the future's change in national highway construction projects. In order to evaluate value of future's underlying asset, we calculated the volatility of the unit price per year for benefit estimation such as VOTS, VOCS, VICS, VOPCS and VONCS that the "Transportation Facility Investment Evaluation Guidelines" presented. RESULTS : We evaluated the option premium of underlying asset through a case study of the actual national highway construction projects using ROPM. And in order to predict the changes in the option value of the future's underlying asset, we evaluated the changes of option premium for future's uncertainties by the defer of the start of construction work, the contract of project scale, and the abandon of project during pre-land compensation stages that were occurred frequently in the highway construction projects. Finally we analyzed the sensitivity of the underlying asset using volatility, risk free rate and expiration date of option. CONCLUSIONS : We concluded that a highway construction project has economic value even though static NPV had a negative(-) value because of the sum of the existing static NPV and the option premium for the future's uncertainties associated with flexibilities.

• 환경영향평가
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• 제13권4호
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• pp.165-185
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• 2004

Assessment in Socio-economic items should be used to estimate social influence when policies and projects were introduced. To estimate current situation of socio-economic items 19 Environmental Impact Statement (EIS) of large scale projects were analyzed. The projects were selected based on magnitude of social impact when the projects were implemented. Environmental Impact Statement was categorized into line projects(road construction, railroad construction, stream development, etc), and surface projects(energy development, wetland reclamation, recreation and sport development, and housing and residential development, etc) thus being chosen for 19 projects in each categories. This report was based on the analysis of 7 items in socio-economic environmental items(i.e., population, residents, industry, public facilities, education, transport and historical monument). Most EIS did not follow the regulation suggested by Ministry of Environment, and only current circumstances were briefly described. Indifference of in-depth analysis of socioeconomic environmental items would influence the process of social and environment impact negatively in the midst of construction of National Projects such as Outer Circle Seoul Highways, Saemankeum Reclamation Projects, etc. This abrupt halt of construction was mostly based on a lack of public hearing or public participation. Socio-economic items are also very much lacking in quantitative method and strengthening socio-economic environmental items is needed via checklist or matrix that brings decision-makers better ideas objectively.

• 한국건축시공학회지
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• 제10권3호
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• pp.71-81
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• 2010

건설R&D 사업은 1994년에 12억원으로 시작하여 2007년에는 1,648억원을 투자하였다. 그동안 연구개발자는 연구성과 실적을 한국건설교통기술평가원에 제출하였고, 이를 기반으로 건설R&D성과 관리가 이루어져 왔다. 건설R&D사업 성과실적이 연구자의 주관적인 분석결과와 보고자료에 의존함으로써 건설R&D 성과의 객관성 및 신뢰성 확보가 어려웠다. 따라서 본 연구는 건설R&D 성과 중 개발기술의 현장적용 비용절감액 분석과 객관적이고 신뢰성있는 경제적 파급효과를 분석하고, 건설R&D의 현장적용 활성화 방안을 마련하였다.

• 한국지반공학회:학술대회논문집
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• 한국지반공학회 2010년도 추계 학술발표회
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• pp.1322-1327
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• 2010

Ready-mixed shotcrete mixed with high quality materials and can be controled shotcrete quality is producted in plants and transported to construction fields, so do not need a field batch plant. In this study, the field construction system that can be applied Ready-mixed Shotcrete to construction fields was proposed, and the all-in-one silo that was the key component of the field construction system was design. It was performed to evaluate the constructability that the field construction process analysis in case of applying a field batch plant and the all-in-one silo, the cost analysis of the material production and transport in a road tunnel was also performed to evaluate the economic feasibility of Ready-mixed shotcret.

• 국제학술발표논문집
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• The 6th International Conference on Construction Engineering and Project Management
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• pp.459-462
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• 2015

Korean construction industry made a huge growth over several decades. However, domestic construction market has shrunk in recent years due to the domestic political environments and global economic crisis. Today, the international construction markets become more important to be investigated, and demands for international construction study have risen. The purpose of this study is to search for measures to compare the potential of Southeast Asian countries' construction markets and select strategic target countries where the Korean construction companies pursue to explore for future investments. The research team investigated a range of selection factors which can represent the construction market condition of each country. These factors included the size of the construction industry, economic growth potential, current relationship with Korea, the level of infrastructure development, political situation, etc. After collecting data, each selection factor was scored by experts' analyses and the total score was given to each country. As a result, the rating identified attractive countries for future investments: Myanmar, Vietnam, and Sri Lanka. For the target countries, analytical methods were used for in-depth market analysis that can provide comprehensive insight and strategic clue for development of short-/mid-/long-term roadmap and action plans. The research findings would be used to support rational decision making of construction investment advancing to the Southeast Asian economic growth.

• 한국도서관정보학회지
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• 제45권3호
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• pp.489-511
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• 2014

본 연구에서 부산대표도서관 건립 기본계획 연구의 일부로 수행된 건립타당성 분석 중 경제적 타당성 분석에 대한 기초적인 작업을 수행하였다. 이를 위해 비용편익 분석과 순현재가치, 내부수익률의 방법을 활용하였다. 조건부가상가치법(CVM)을 활용하여 편익분석을 실시하였으며 부산대표도서관 건립부지를 중심지 또는 외곽지로 할 때의 값을 조사하여 비교분석하였다. 분석 결과, 중심지에 건립할 경우 부산대표도서관은 충분한 경제적 타당성을 갖는 것으로 나타났으며 외곽지에 건립할 경우 그렇지 않음을 확인하였다.