• Title/Summary/Keyword: economic stages

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생태효율성(Eco-efficiency)지표 개발을 통한 KTX와 새마을호 열차의 사용단계 환경성 평가에 관한 연구 (A Study on the Environmental Evaluation in Use Stage of KTX and Samaul Train : the Development of Eco-efficiency Indicator)

  • 최용신;천윤영;이건모;김용기
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2011년도 춘계학술대회 논문집
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    • pp.1313-1320
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    • 2011
  • World Business Council for Sustainable Development(WBCSD) is effort to achieve sustainable development in economic growth, environmental preservation and social development. Being this way, it is essential for developing evaluation tool which quantify to fulfill sustainable development. Eco-efficiency is one of the quantitative tools to evaluate environmental impact and economic aspect. Eco-efficiency, in general term, means creating more value of product or services with less impact to environment. It indicates as environmental impact in denominator and value of product or services in numerator. Eco-efficiency shows how much economic value reveals to unit environmental impact caused by product or service as an indicator. This study aims at developing eco-efficiency indicator of railway industry considering use stage among the entire life cycle stage of KTX and Saemaul train and also, figure out eco-efficiency value through indicator. Therethrough, it is enables to evaluate created value per environmental aspects. Since rail vehicles demands a lot of energy to transport people during use stage, the environmental impact is more significant than other lkfe cycle stages. Therefore, it quantified environmental indicator as CO2 emission and economic indicator as transportation record per a year with an annual income. This study contributes to be used as a tool for quantifying indicator of comparison evaluation in respect of rail vehicle in use stage.

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실물옵션 가치평가모형을 이용한 국도건설사업의 경제적 가치 평가 (Economic Evaluation of National Highway Construction Projects using Real Option Pricing Models)

  • 정성윤;김지표
    • 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.

How Customer Experience Management Can Improve the Distribution of Marketing Performance

  • Sri, SAFITRI;Achmad, SUDIRO;Fatchur, ROHMAN;Mugiono, MUGIONO
    • 유통과학연구
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    • 제21권2호
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    • pp.53-63
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    • 2023
  • Purpose: This study aims to determine the effect of Customer Experience Management (CEM) on the distribution of Marketing Performance mediated by Digital Business Innovation (DBI), Digital Operational Excellence (DOE), and Digital Value Co-Creation (DVC) in Indonesia Information & Technology (IT) industry. Research design, data, and methodology: This research was conducted in two stages, namely exploratory and explanatory on IT companies in Indonesia. The authors took 132 samples using proportionate random sampling method in three groups of companies. Results: The results showed that CEM had no significant positive effect on the distribution of Marketing Performance. CEM has no direct effect on the distribution of Marketing Performance through the mediation of DBI. CEM has direct effect on the distribution of Marketing Performance through the mediation of DOE and DVC. DBI has no significant effect in increasing the distribution of Marketing Performance. However, DOE and DVC have a significant effect in increasing the distribution of Marketing Performance. Conclusion: The distribution of Marketing Performance can be indicated better through CEM through mediation.

Numerical study of a new constructive sequence for movable scaffolding system (MSS) application

  • Teran, Jose Ramon Diaz de;Haach, Vladimir Guilherme;Turmo, Jose;Jorquera, Juan Jose
    • Advances in concrete construction
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    • 제4권3호
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    • pp.173-194
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    • 2016
  • This paper consists in a study of a new contructive sequence of road viaducts with Movable Scaffolding System (MSS) using numerical tools based on finite element method (FEM). Traditional and new sequences are being used in Spain to build viaducts with MSS. The new sequence permits an easier construction of one span per week but implies some other issues related to the need of two prestressing stages per span. In order to improve the efficiency of the new sequence by reducing the number of prestressing stages per span, two solutions are suggested in this study. Results show that the best solution is to introduce the 100% of the prestressing force at the self-supporting core in order to improve the road viaduct construction with movable scaffolding system by reducing execution time without increasing economic costs.

국가전력생산 시스템에 대한 전 과정 영향평가 (Life Cycle Assessment for National Electricity Generation Systems)

  • 김태운;김성호;정환삼;하재주;민경란;고순현
    • 한국에너지공학회:학술대회논문집
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    • 한국에너지공학회 2004년도 춘계 학술발표회 논문집
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    • pp.353-358
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    • 2004
  • In recent, the trends in national energy Policy are established in the context of the integrated risk estimation for various national electricity generating options. The approach takes account of health, environmental, economic, and social aspects of electricity generation systems. In the present work, nuclear, coal, and LNG sources are chosen because these hold more than 90% of national total electricity generation in a descending order. A life cycle assessment (LCA) methodology is used for comparing environmental impacts of these options during the life cycle such as construction, operation as well as disposal stages. Here, the LCA consists of life cycle inventory analysis, classification/selection process of impact categories, characterization process, and normalization process of each category. LCA can be an useful tool for environmental impact assessment of future national energy options. At the planning stage of future energy Policies, the results of LCA would be taken into consideration. According to data update at the construction and disposal stages, the LCA needs to be conducted iteratively.

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STRATEGIC FRAMEWORK FOR SINGAPORE CONTRACTORS FORMING JOINT VENTURES IN DEVELOPING COUNTRIES: A PRELIMINARY STUDY

  • Y.T. Wong;David A.S. Chew;Charles Y.J. Cheah
    • 국제학술발표논문집
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    • The 1th International Conference on Construction Engineering and Project Management
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    • pp.869-874
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    • 2005
  • Given the intense competition and slowdown in domestic demands, there is greater pressure on Singapore contractors to seek overseas markets for revenue and growth. This impetus, coupled with emerging economic reforms in the regional developing countries, has invariably created numerous opportunities for Singapore contractors. However, mixed results were reported on their overseas performance so far. Consequently, this paper aims to formulate a framework that would assist Singapore contractors to successfully export their services into developing countries. The proposed framework comprises ten critical success factors (CSFs), which are identified from in-depth interviews with eight Singapore contractors. These ten success factors are subsequently classified under three different stages, namely initial, entry and operational stages. Preliminary results show that Singapore contractors are most focused on the entry stage, with the highest number of CSFs.

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Regulatory Sentiment and Economic Performance

  • JUNGWOOK KIM;JINKYEONG KIM
    • KDI Journal of Economic Policy
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    • 제45권1호
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    • pp.69-86
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    • 2023
  • Regulatory sentiment refers to the market's subjective evaluation of regulatory reform and is one of the most widely adopted indicators to those charged with implementing and diagnosing regulatory policies. The use of regulatory sentiment in advanced analysis has become universal, albeit it is often limited due to difficulties in articulating consistent and objective quantitative indicators that can meticulously reflect market sentiment overall. Thus, despite ample effort by scholars to read the economic impact of regulatory sentiment in the real economy, causal links are difficult to spot. To fill this gap in the literature, this study analyzes a regulatory sentiment index and economic performance indicators through a text analysis approach and by inspecting diverse tones in media articles. Using different stages of tests, the paper identifies a causal relationship between regulatory sentiment and actual economic activities as measured by private consumption, facility investment, construction investment, gross domestic investment, and employment. Additionally, as a result of analyzing one-unit impulse of regulatory perception, the initial impact on economic growth and private investment was found to be negligible; this was followed by a positive (+) response, after which it converged to zero. Construction investment showed a positive (+) response initially, which then rapidly changed to a negative (-) response and then converged to zero. Gross domestic investment as the initial effect was negligible after showing a positive (+) reaction. Unfortunately, the facility investment outcome was found to be insignificant in the impulse response test. Nevertheless, it can be concluded that it is necessary and important to increase the sensitivity to regulations to promote the economic effectiveness of regulatory reforms. Thus, instead of dealing with policies with the vague goal of merely improving regulatory sentiment, using regulatory sentiment as an indicator of major policies could be an effective approach.

A Study on the Developing Process and Characteristics of Korean Quality Management System

  • Park, Chae-Heung
    • International Journal of Quality Innovation
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    • 제5권2호
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    • pp.122-131
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    • 2004
  • Because of three reasons: rare natural resources, high dependent ratio and rapid wage increases, Korea must take the non-price competitive strategy. The developing process of quality management system in Korea can be categorized into five stages according to changes in economic policy. In order to develop the Korean quality management system effectively, we should try to connect total quality management with management system and emphasize the training and education.

연구개발과제 선정을 위한 단계별 평가모형 (An Evaluation Models for R&D Projects Selection)

  • 이상철;하정진;김성희
    • 산업경영시스템학회지
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    • 제17권31호
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    • pp.73-80
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    • 1994
  • Sequentiality in decision making is an inherent characteristic of the R&D Process, Conceptual changes are noted during the Course of the Project which represent a continuous improvement in the quality of the data available during the various project stages. In this paper, Eight characteristic types of project evaluation models have been developed economic index models, portfolio models, decision theory models, risk analysis models, frontier models, scoring models, profile models and checklists. Each of these will be critically reviewed and appraised.

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A Signaling Theory of Education under the Presence of Career Concerns

  • HWANG, SUNJOO
    • KDI Journal of Economic Policy
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    • 제38권2호
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    • pp.87-101
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    • 2016
  • A person's life consists of two important stages: the first stage as a student and the second stage as a worker. In an integrated model of education and career concerns, I analyze the welfare effects of education. In Spence's job market signaling model, education as a sorting device improves efficiency by mitigating the lemon market problem. In contrast, in the integrated model, education as a sorting device can be detrimental to social welfare, as it eliminates work incentives generated by career concerns.

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