• Title/Summary/Keyword: economic impacts

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Identification of Potential Environmental Impacts among Renewable Energy Technologies Promising to Minimize Global Warming (지구온난화 최소화를 위한 신재생 에너지들의 잠재환경영향)

  • Kim, Yong-Bum;Chung, Yong
    • Journal of Environmental Impact Assessment
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    • v.17 no.1
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    • pp.67-79
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    • 2008
  • Global warming, which is one of the most serious challenges, has been the subject of intense debate and concern for many scientists, policy-makers, and citizens for at least the past decade. To protect the health and economic well-being of current and future generations, we must reduce our emissions like carbon dioxide. Alternatives to achieve an energy future without serious global warming are to change to clean and renewable sources of energy like the wind, the sun lights, rivers, the biomass, hydrogen, and oceans. To identify some of the key and new environmental impacts associated with renewable energy and hydrogen energy, we set up the new conceptual methodology. Specifically, new identified environmental and health impacts are related with the usage of hydrogen energy. When comparing with fossil fuel, the renewable energies can reduce the release of carbon dioxide when they are used except hydrogen produced from fossil fuel. However, all renewable energy technologies are not appropriate to all applications or locations. Our results suggest that all of alternatives to replace fossil fuel can release the several global and local impacts although they seems to be smaller than the impacts from fossil fuel. Therefore, the quantitative and detail analysis to assess environmental impacts of the alternative energies might be useful to make our decision for the future energy against the global warming.

Residents' Attitudes and Importance-Performance Evaluation toward the Impacts of Tourism in the Black Hills, USA (미국(美國) Black Hills 지역(地域)의 관광영향(觀光影響)에 대한 주민태도(住民態度)와 중요도(重要度) - 성취도(成就度) 평가(評家))

  • Song, Hyung Sop;Stubbles, Russell L.
    • Journal of Korean Society of Forest Science
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    • v.87 no.2
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    • pp.179-187
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    • 1998
  • This study was conducted to get local residents' attitudes information and management information toward tourism impacts in Black Hills of South Dakota, U.S.A. It used Importance-Performance analysis to evaluate local residents' attitudes about the impacts of tourism. A total of 184 respondent data were used in this study. The return rate was 54%. 184 out of 340 questionnaires. Most respondents expressed high positive about the local economic impacts of tourism and environment impacts of tourism had not obvious negative on them. In 23 variables of tourism impacts there were a few significant differences in certain socioeconomic characteristics of the respondents as residence length and income. The results of Importance-Performance evaluation indicated useful future management decision information.

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Economic Impact Analysis of the Introduction of RPS (RPS 도입의 경제적 효과)

  • Kim, Suduk;Moon, Choon-Geol
    • Environmental and Resource Economics Review
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    • v.14 no.3
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    • pp.729-751
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    • 2005
  • RPS(Renewable Portfolio Standards) is an institutional device to promote use of renewable energy through market mechanism by making renewable energy to constitute a pre-announced portion of the electricity production. We measure economic impacts of the introduction of RPS to domestic electricity market at the levels of electricity market, individual industrial sectors and the economy as a whole. First, we examine the TREC(Tradable Renewable Energy Credits) market, where the credits in excess of the obligation of the renewable energy production are sold to those who have to meet the obligation through purchased credits. We then measure end-users' additional cost originating from the introduction of RPS and TREC in electricity production, and their impacts on price and supply in the retail electricity market. Next, using input-output analysis, we measure economic impacts of the changes in retail price and supply on individual industrial sectors and the economy as a whole. Among many others, we find small price effect and large GDP effect - sectoral electricity price rises at around 5%, sectoral price level rises by 0.258%, and sectoral GDP declines by 1.940% on average by the year 2011.

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Estimating the Impacts of Investment in a National Open Repository on Funded Research Output in South Korea

  • Hwang, Hyekyoung;Seo, Tae-Sul;Han, Yong-Hee;Ko, Sung-Seok
    • Journal of Information Science Theory and Practice
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    • v.7 no.1
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    • pp.39-51
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    • 2019
  • Open access is a paradigm whereby the electronic versions of scholarly publications are made freely accessible without any restrictions. It is actively promoted globally and is also promoted domestically in accordance with this global trend. However, there is a growing need to evaluate existing activities and to seek policies for the steady spread of open access. This study examines the necessity of switching to a national repository from existing institutional repositories through policy direction analysis of open repositories. We examined domestic open access policies by analysing various overseas cases and the situation in South Korea. Finally, we determined the validity of investment in a national repository by analysing its social and economic impacts using the modified Solow-Swan model. The main parameters for applying the modified Solow-Swan model were estimated, and the domestic research and development expenditure was predicted via a regression method. Then, we applied a range of rate of returns to research and development (10% to 50%) to various scenarios and examined the effects of increasing accessibility and efficiency by 1% to 10%. We found that the implementation of a national open access repository in South Korea would have a substantial impact (to the tune of 147 billion won), without considering the potential costs of such a repository. Based on the estimates of the social and economic impact of a national repository, the implementation of a national open access repository in South Korea is economically viable. Besides having beneficial social and economic impacts, a national repository is expected to enhance awareness of open access among Korean researchers and institutions.

MODELLING HONG KONG RESIDENTIAL CONSTRUCTION DEMAND: EXPERIENCES GAINED AND THEIR IMPLICATIONS

  • Ryan Y.C. Fan;S. Thomas Ng;James M.W. Wong
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.425-432
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    • 2009
  • The construction industry has been a main pillar and serves as a regulator of the Hong Kong economy. Subsequently, the fluctuations in the level of construction output can induce significant rippling effects to the economy. The Asian Financial Crisis started in 1997 and the SARS outbreak in 2003 both introduced major challenges and impacts to the Hong Kong economy and consequently the construction sector. Such decline in the importance of construction has suggested a possible structural change in the sector. It is worth investigating the driving forces behind the construction demand and see if they have changed after the heavy impacts in the past decade. The above considerations have, therefore, been the motivation of the present study to model the Hong Kong residential construction demand through multiple regression technique which can identify the significant influencing factors to the residential demand. The residential construction is studied as it constitutes a significant portion of the total construction volume. The residential sector has great influence to the general economy of Hong Kong. It is found that the underlying market structure and the driving factors for Hong Kong residential demand before and after the Asian Economic Crisis and SARS outbreak are different, suggesting that the residential construction sector or even the larger construction industry may have undergone a major structural change as Hong Kong's economy approaches maturity. It is also observed that the past literatures on construction demand are mostly focusing on predicting demand under a stable economic environment. Hence, it is worth examining if it is possible to model during economic hardship when the residential sector fluctuate dramatically under different external impacts, such as the recent global financial tsunami.

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Estimating the Economic Impacts of Extreme Climate Events on Agriculture: the Case of Gangwon-do (극한 기후변수가 농업에 미친 경제적 효과 추정 -강원도의 사례-)

  • Jeong, Jun-Ho;Lee, Seung-Ho
    • Journal of the Korean Geographical Society
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    • v.47 no.3
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    • pp.459-470
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    • 2012
  • This study attempts to estimate the economic effects of extreme climate events on agriculture with the case of Gangwon-do, drawing upon the Ricardian approach based upon the panel data on extreme climate events, soil and geography, farmland prices, and economic and social variables for the 11 municipal units of Gangwon-do during the period of 1993-2010. Our empirical analysis shows that the heavy rainfall-related extreme climate variable negatively affects the prices of rice paddy and dry farm field. The summer-related extreme temperature variables have negative economic impacts on the land values of both farmlands, while the winter-related ones positively affect them except for the extreme cold wave variable.

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Economic Justification of the Internet Access Management (인터넷 차단 시스템의 경제성 분석에 대한 연구)

  • Kim, Sang-Kyun
    • Journal of the Korea Society of Computer and Information
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    • v.10 no.6 s.38
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    • pp.269-278
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    • 2005
  • To justify the economic impacts of the internet access management is a purpose of this paper. Previous researches on economic justification were reviewed and the internet access management system. sniffer, and firewall were implemented to monitor real-time sessions and to record blocked attempts. This paper suggests the impact factors and measurement methods to justify the economic values of the internet access management system. Finally, this paper Proves that the overall impacts of the internet access management system have a Positive value because filtering mechanisms cause users to lose a small number of URLs including useful information and to diminish refreshment but save users from various risk points and enhance labor productivity.

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Exploration of Smart Work Benefits from the Perspectives of Individual, Firm, and Social Support (개인, 기업, 사회적 지원 관점에서 스마트워크 효용 탐색)

  • Han, Hyun-Soo;Woo, Jeong-Ah
    • Journal of Information Technology Services
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    • v.11 no.2
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    • pp.147-167
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    • 2012
  • In this paper, we attempted to theorize the multi-faceted impacts of smart work on economic activities. In this vein, we adopted socio-economic perspective which includes individual, firm, and social support aspects, and explored the variables related to the quality of life among them. First, smart work patterns are categorized as telework, mobile office, teleconferencing, and social collaboration. And relevant variables are extracted with reference to industrial cases and relevant literatures which investigated economic impacts of digital convergence. Next, with the data collected from experts, following delphi method, validation of variables and explorations of significant factors affecting quality of life were conducted by adopting stepwise regression method. The distinguishing traits of this research are two-folds. The one is the investigation of social support and quality of life aspects of smart work, which has been relatively limited in the digital convergence research field. The other is the comparative analysis of smart work advantages by distinguishing individual and firm aspects separately. The result offers useful insights for socio-economic perspective researches on digital convergence application area.

The Economic Impact of a Rural Hospital to Local Economy (한 병원이 지역사회에 미치는 경제적 영향 분석)

  • Kang, Im-Ok;Lee, Sun-Hee;Kim, Han-Joong
    • Journal of Preventive Medicine and Public Health
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    • v.29 no.4 s.55
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    • pp.831-842
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    • 1996
  • Demand for high quality medical care has recently been increasing in step with high level of income and education. Patients prefer the use of large general hospitals to small community hospitals. Large hospitals, usually located at urban area, expand their capacities to cope with the increasing demand, therefore, they easily secure revenue necessary for growth and development of hospitals. However, small community hospitals are facing with serious financial difficulties caused from the reduction of patients in one hand and the inflation of cost in another. If small rural hospitals were closed, the closure would have negative impacts on local economies in addition to the decrease in access to medical care. Community leaders should have an insight on the contribution of community hospitals to local economies. They could make a rational decision on the hospital closure only with the understanding of hospital's contribution to the community. This study is designed to develop an economic model to estimate the contribution of rural hospital to local economies, and also to apply this model with a specific hospital. The contribution of a hospital to local economies consists of two elements, direct effect and multiplier effects. The direct impacts include hospital's local purchasing power, employee's local purchasing power, and the consumption of patients coming from outside the community. The direct impact induces multiplication effect in the local economy. The seed money invested to other industries grows through economic activities in the region. This study estimated the direct effect with the data of expenditure of the case hospital. The total effect was calculated by multiplied the direct effect with a multiplier. The multiplier was drown from the ratio of marginal propensity of income and expenditure. Beside the estimation of the total impacts, the economic effect from the external resources was also analyzed by the use of the ratio of patients coming outside the region. The results are as follows. 1. The direct economic contribution of the hospital to the local economy is 1,104 million won. 2. The value of multiplier in the region is 2.976. 3. The total economic effect is 3,286 million won, and the multiplication effect is 2,182 million won. 4. The economic contribution from the external resources is 245 million won which is 7.5% of the total economic effect.

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Residents' Perceptions of Tourism Impacts on Soraksan National Park (설악산(雪岳山) 국립공원(國立公園) 지역주민(地域住民)의 관광영향(觀光影響) 지각(知覺))

  • Kang, Mi-Hee;Kim, Seong-Il
    • Journal of Korean Society of Forest Science
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    • v.87 no.4
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    • pp.620-629
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    • 1998
  • The purposes of this study were to understand the resident' attitudes toward national parks and to identify the residents' perceptions of tourism and the influence of socioeconomic characteristics on their response. In winter of 1997, 153 questionnaires were obtained from a convenience sample of households within Soraksan National Park boundary. The residents perceived both positive and negative environmental and economic impacts of tourism, however, they were reluctant to attribute social costs to tourism. Despite some negative tourism impacts, most of the residents supported additional tourism development and disagreed to limit the number of visitors. Their perceptions of tourism impacts were varied with age, education level, economic dependency on tourism, place of residence, and length of residence.

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