• Korean Journal of Agricultural Science
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• v.23 no.2
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• pp.272-284
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• 1996

The present study has quantitatively assessed the regional production, income and employment impact resulting from the construction and operation of nuclear power plant (NPP) upon the domestic local areas by applying the regional input-output analysis model to the case of Wolsong unit-l site. The conclusions regarding the most likely regional economic impacts upon the wolsong site are summarized as follows: 1. The income multipliers are calculated to be 1.563 for the construction phase and 1.500 for the operation phase. These values are relatively high compared with those of other conventional facilities. 2. The level of total employee's wage induced employment associated with the construction phase has been estimated to be 37,000 while that with the operational phase in 1990 to be 5,610. 3. With relation to the aspect of resident welfare it is found that the industrial sector associated with electricity, gas and water supply have remarkably improved with the construction of the NPP. 4. The NPP siting has induced substantial changes in interindustry (input-output) structures of the Wolsong unit-l site which is one of the rural areas where all the domestic NPPs are sited. Such changes are attributed to the industrial recomposition of the region. 5. With the application of other regional economic analysis models and the use of more sufficient regional data, other detailed studies on the economic impact analysis of domestic NPP-related facility sitings are suggested to be carried out further since the influence of NPP sitings is significant to the national economic impact as well as the regional economic impact.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.23 no.6
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• pp.187-200
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• 2020

Despite the eco-friendly route plan, road slopes were collapsed due to road construction, resulting in human and property damage. To solve this problem, the Ministry of Land, Transport and Maritime Affairs established guidelines in 2009 to conduct a test-bed for slope recording considering the conditions of the site and the ecological environment, and divided them into recording quality and economic evaluation. The following results were obtained by analyzing 183 construction methods of cut-soil sections at 60 sites from 2012 to 2018 for road slope afforestation research. Straw net+seedspray, vegetation media spray method 1T, 3T were used the most, and vegetation media spray method 3T(patent) was excellent in quality, and straw net+seedspray was excellent in economics. As a result of analyzing the market unit price and the construction unit price, vegetation media spray method submitted the construction unit price at up to 60% lower than the market unit price. As a result of the analysis of the key factors of the greening method evaluation, the economic assessment had the greatest influence on all evaluation items. Problems in the evaluation method of revegetation were first identified as problems in the allocation of points and secondly as problems in the evaluation criteria. As for the improvement of the economic assessment criteria, the method was proposed to evaluate the same method based on market unit price when the same method was constructed, and not to conduct an economic assessment if there was a difference in market unit price between methods, or to add weight to the scores. Based on the monitoring data of 60 road slopes, this study drew up problems and improvement measures. However, with regard to scoring, research on appropriate scoring is needed by examining the current status.

• Korean Journal of Construction Engineering and Management
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• v.9 no.3
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• pp.185-193
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• 2008

In order to improve work efficiency in high-rise apartment building construction, it is required to establish the major criteria and practical method for selecting the construction lifts. It is necessary to analyze work efficiency and economic feasibility depending on speed, size and capacity of lifting equipment and characteristics of construction projects. The purpose of this research is to develop the fundamental process and information for selecting the lift in order to plan and manage the material lifting and laborers' vertical transporting in the high-rise apartment building projects more effectively. In order to satisfy the objective of the research, work performance of the lifting machines with different speed and carrying capacity is analyzed under the practical constraints. In addition, potential economic evaluation is conducted. One of the significant findings of the research is that the mid-speed lift shows 43% improvement in work efficiency compared with the low-speed lift. The results of the research will be used as the basis for developing the further optimal lifting management system.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.359-362
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• 2001

Most old apartment housing have been replaced with new ones by means of the reconstruction. But with the change of the construction environment, remodeling is introduced as a new alternative for the replacement. Remodeling is expected to reduce national loss owing to the early reconstruction of old apartments resulted from economical and functional deterioration. But there still remains a lot of problems to be first solved for Remodeling. One of those is to figure out how to perform an economic feasibility analysis effectively. The researches of remodeling done under the rally stage are not sufficient in economic feasibility for apartment housing. Therefore, this paper suggests an effective method for the economic evaluation of remodeling projects focusing on a rental high-rise apartment.

• Journal of Construction Engineering and Project Management
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• v.5 no.2
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• pp.44-52
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• 2015

Various approaches have been used in crack preparations and each of the approaches has advantages and disadvantages. Although the routing method has been widely used and seems to be the best approach among the approaches, it is not a complete solution for crack preparation. This paper compares and evaluates a pneumatic crack cleaning device (CCD) developed by Robotics and Intelligent Construction Automation group at Georgia Tech, over existing devices. Surveys were conducted to discover factors that affect the performance of crack/joint preparation work. Then, data for such information were collected via field tests for devices such as router, heat lancer, air blower and CCD. Performed field test results and follow-up interviews demonstrated that the utilization of CCD has potential to offer improvements in productivity, safety, and maintenance cost. An analytic hierarchical procedure (AHP) and economic analyses were conducted. The AHP analysis considered three factors including safety, quality and productivity while the economic analyses examined the alternatives in various ways. The results indicated that the CCD was ranked first and second for the AHP analysis and economic analysis, respectively. In conclusion, the field tests and results revealed that the utilization of CCD achieved satisfactorily in performance, quality, safety and control, and showed that it has high potential in crack cleaning practice.

• Journal of Korea Technology Innovation Society
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• v.18 no.4
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• pp.621-640
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• 2015

The aim of this study is to provide evidence of how a change in the process of calculating the economic valuation of a project can affect the decision regarding national R&D investment. The paper examines a R&D project of cooperative research program of university-industry-research institute for the construction of a woodchip power plant to explore the role of capital expenditure in the economic evaluation of an investment project. The paper finds that the simple introduction of capital expenditure in the profitability analysis affects the perspectives on the construction plan. The results of this study indicate that standardization of the calculation process that takes different characteristics of industries into account is needed in the preliminary feasibility study of national R&D projects.

• Asian Journal of Business Environment
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• v.12 no.1
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• pp.25-33
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• 2022

Purpose: The purpose of this paper is to determine the effects of the Real Estate Transactions Tax (RETT) on the economic cycles of Saudi Arabia. A secondary purpose is to determine the effects of RETT on the construction and real estate sectors of Saudi Arabia. Research design, data and methodology: The data used is retrieved from the General Authority of Statistics, Saudi Central Bank and the World Bank Open Data. Econometric models of multiple linear regression with dummy variables have been conducted to achieve the objectives and to quantitatively verify the hypotheses. Results: With the VAT exemption in real estate transactions and its substitution with RETT, a positive effect on the economy and the real estate sector has been observed. However, this tax reform has not produced any significant effects in the construction sector. Conclusions: The main conclusion of the present research is that the real estate market has a major influence on economic cycles. After the tax reform, a reduction in the contribution of taxes on real estate transactions to GDP was detected. For the construction sector, after the tax reform, it is estimated that there will be an insignificant reduction in the contribution of the real estate price index, and of the taxes on real estate transactions, to GDP.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.87-88
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• 2023

In accordance with changes in the domestic construction environment, interest in off-site construction methods (factory-manufactured construction methods) including modular construction methods is rapidly increasing. Among various off-site (OSC) construction methods, the front runner is the steel-based box-type modular construction method. Compared to the existing wet construction method, the steel modular construction method is increasing in terms of securing economic feasibility by shortening the construction period and increasing the prefabrication rate. However, due to the recent rise in raw materials and a sharp rise in the exchange rate, the economic feasibility of the wet method is deteriorating compared to the wet method. Therefore, a hybrid between 9-Matrix-based OSC construction methods is considered as a solution, away from the steel-box type combination, and a comparative study of the construction process between each construction method is being conducted. It was analyzed that the PC modular construction method shortened the construction period by 9% compared to the existing steel modular construction method. On the other hand, when comparing the construction period of the Gayang-dong demonstration complex calculated assuming that all modules are applied, it is estimated that there will be a 12% reduction in construction period compared to the steel modular method and a whopping 43% compared to the RC method.

• Journal of the Korea Institute of Building Construction
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• v.14 no.5
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• pp.423-432
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• 2014

The aim of this study to propose an efficient method in selecting the type of new and renewable energy applied in at the planning phase of buildings. This study applied geothermal energy facilities with high adaptability to buildings. This study considered the energy reduction and reduced cost by comparing the values with the energy consumption before applying of geothermal energy facilities. In order to propose more reliable criteria of economic evaluation, maintenance costs reflecting the replacement cycles and initial construction costs by drawings and specifications for installation facilities for practical geothermal energy based on construction statement for life-cycle cost analysis. The results will help to effectively select economic types of facilities for new and renewable energy of the planning phase of buildings.

• Journal of Korea Port Economic Association
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• v.20 no.2
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• pp.187-216
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• 2004

Northeast Asia logistics hub strategy was undertaken by Korean Government to gain a national competitive advantage in Northeast Asia. Current Government has Northeast Asian Economic Hub Strategy including construction of SOC in Northeast Asia for promoting peace, promotion of formation of Northeast Asia Community, logistics hub, Financial hub and national innovation for R&D Cluster. To realize Northeast Asian logistics hub, the Northeast Asia logistics hub road map has undertaken as follows: expansion of logistics infra in Incheon Airport, Busan Port and Gwangyang Port, systematic improvements such as adjustment of investment distribution, special logistics companies, transparent customs in logistics transactions, logistics manpower, improvement of system supporting global logistics and attraction of international logistics companies to the logistics center, construction of seamless and paperless logistics information network, Northeast Asia railway infra. The purpose of this paper is to study investment priority and improvements in the Northeast Asia Logistics Hub Road Map and to contribute to gain the national competitive advantage as logistics hub in Northeast Asia