• Title/Summary/Keyword: economic values

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Economic Values for Dairy Sheep Breeds in Slovakia

  • Krupova, Zuzana;Wolfova, M.;Wolf, J.;Oravcova, M.;Margetin, M.;Peskovicova, D.;Krupa, E.;Dano, J.
    • Asian-Australasian Journal of Animal Sciences
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    • v.22 no.12
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    • pp.1693-1702
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    • 2009
  • Economic values of 14 production and functional traits for two Slovak dairy sheep breeds (Improved Valachian and Tsigai) were calculated. Semi-extensive production systems with one lambing per year were simulated using a bio-economic deterministic computer model. The marginal economic value of a trait was defined as the partial derivative of the profit function with respect to that trait. The relative economic value expressed the percentage proportion of standardized economic value (marginal economic value${\times}$genetic standard deviation) of a trait in the sum of the absolute values of the standardized economic values over all traits. Milk yield was of highest relative importance (26% and 32% in Improved Valachian and Tsigai) followed by productive lifetime and conception rate of ewes (16% and 15% in Improved Valachian and Tsigai, in both traits). Conception rate of female lambs and litter size had nearly the same relative economic importance in both breeds (9% to 11%). Survival rate of lambs at lambing and till weaning reached slightly lower economic values (4% to 7%). The economic importance of all remaining traits was less than 4%.

A Study on the Relationship between Women's Values and Preference in Clothing Design (한국여성의 가치관과 의복디자인 선호도와의 상관성 연구)

  • Lee Sun Jae
    • Journal of the Korean Society of Clothing and Textiles
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    • v.11 no.1
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    • pp.29-42
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    • 1987
  • This study was an attempt to survey, the relationships between women's values and preference in clothing design. For the measurement of values scale was to relect the theoretical, economic aesthetic, social. political and religious values explained by Allport-vernon- Lindzey. The preference rate in clothing design consisted of 50 items and 3 factors including color, form and texture. The questionnaire were administered to a sample of women (between college students and adult) who lined in Seoul, Korea. The date for 910 respondents were analyzed by person's carrelation coefficient, to-test and $x^2$ test. Through this study, the followings were founds; 1. Aesthetic value was the mast important of female college students values and economic value was the most important of adult's values. 2. There were significant relation between values and the preference for clothing form in line and style; 1) In line preference, adult women indicated negative correlation with religious values but positive correlation with aesthetic and political values. 2) In style preference, adult women indicated negative correlation with economic values positive correlation with social values, for female college students indicated positive correlation with aesthetic social and political values. 3. There were significant relation between values and preference for texture in touch, thickness, weight, light and luster; 1) In relationship between texture and values, adult women indicated touchness preference negative correlation with theoretical and religious values, for female college students indicated positive correlation with aesthetic and social values. 2) In thickness preference adult women indicated negative correlation with theoretical values but female college students indicated positive correlation with political values. 3) In weight preference, adult women indicated negative correlation with theoretical values. But female college students indicated positive correlation with religious values. 4) In brightness preference, only adult women indicated positive correlation with social values, negative correlation with economic values. In transparency preference, adult women indicated positive correlation with aesthetic values, negative correlation with religious values. 4. There were significant correlation among color and economic, aesthetic; political and religious values, that is, evacuation and economic political values in adult women there were positive correlation with religious values in female students. 1) In chroma only adult women indicated negative correlation with religious values. In warm and cold, positive correlation with economic values in both of them. 2) In coloration, adult women like a complement color indicated negative correlation with aesthetic values, but positive correlation with political values. 5. There were significant differences in the preference of clothing design between female college students and adult women; correlationship with color variables. Evacuation, both of them indicated negative correlation with chroma positive correlation with warm and cold and coloration. In chroma, adult women indicated negative correlation with coloration and warm and cold, for female students indicated negative correlation with coloration. 6. Comparison with clothing preference: 1) In color preference, adult women liked the most white, brown, blue and black in sequence. Female college students liked the most white, also the next is blue and pink. 2) Clothing design preference, there was significant difference in warm and cold and coloration, adult women more liked than female students. In shape of clothing, both of them indicated significant difference in line and style, female students more liked sporty style. In texture, adult women more liked soft thin light weight and bright. 3) In silhouette preference, the most is H-line, female college students more liked.

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Robustness of Selection Indices in Murrah Buffaloes

  • Gandhi, R.S.;Joshi, B.K.
    • Asian-Australasian Journal of Animal Sciences
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    • v.17 no.2
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    • pp.159-163
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    • 2004
  • Data pertaining to first lactation records of 316 Murrah buffaloes, progeny of 47 sires, maintained at NDRI Farm for a period of 18 years were analysed to construct selection indices and to examine their robustness by changing the relative economic values of different economic traits. A total of 120 selection indices were constructed for three sets of relative economic values ( 40 for each set) considering different combinations of seven first lactation traits viz. age at first calving (AFC), first lactation 305 day or less milk yield (FLMY), first lactation length (FLL), first calving interval (FCI), milk yield per day of first lactation length (MY/FLL), milk yield per day of first calving interval (MY/FCI) and milk yield per day age at second calving (MY/ASC). The three sets of relative economic values were based on economic values of different traits, 1% standard deviation of different traits and regression of different traits on FLMY. The 'optimum' indices for the first two sets had five traits each namely AFC, FLMY, FLL, FCI and MY/ASC giving improvement in aggregate genotype of Rupees 269.11 and Rs. 174.88, respectively. The accuracy of selection from both indices was 70.79 and 69.39%, respectively. The 'best' selection index from the third set of data again had five traits (AFC, FLMY, FLL, FCI and MY/FLL) giving genetic gain of Rs. 124.16 and accuracy of selection of 71.81%. The critcal levels or break-even points for FLMY for varying levels of AFC and FCI estimated from the "optimum index" suggested the need of enhancement of present production level of the herd or reduction of AFC or FCI. It was concluded that economic values of various first lactation traits were the most appropriate to construct selection indices as compared to other criteria of assigning relative economic weights in Murrah buffaloes.

The Effects of Housing Values on Housing Satisfaction Model (주거만족도 모델에서의 주거가치의 역할 연구)

  • 양세화
    • Journal of the Korean housing association
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    • v.7 no.2
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    • pp.1-7
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    • 1996
  • This study was designed to examine the effects of housing values on housing satisfaction model. The empirical model of this study was based on the Goulart(1982). Data were collected through questionnaire survey, and the sample consisted of 285 households in Kimhae. Housing values were grouped into four clusters : the health and convenience value, the personal and social value, the location value, and the economic value. The major findings were that 1) the concordance between values and the actual housing conditions contributes significantly to the prediction of housing astisfaction, and 2) the control variables including sociodemographic and economic characteristics and housing values themselves did not directly influence on housing satisfaction.

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The Economic Valuation of Ecosystem Restoration in Suncheon Bay (순천만 생태복원에 따른 경제적 가치 평가)

  • Hwang, Minsup;Lee, Myung Kyoon;Jung, Tae Yong
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.17 no.4
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    • pp.69-79
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    • 2014
  • Coastal wetlands are among the most productive biomes in the Earth. The economic values include the direct use of a coastal wetland's ecosystem services, such as food, raw materials, recreation, and tourism. Other values comprise the indirect use of a coastal wetland's ecosystem services, such as carbon sequestration, waste-water treatment, and erosion prevention. In particular, Suncheon Bay is recently attracting attention as the most successful case of the preservation and restoration. This study applies Travel Cost Method (TCM) to estimate the economic value by drawing the demand curve for trips to Suncheon Bay. The TCM is an approach used for economic valuation of non-market goods and services. Based on the results of TCM, this study shows that the economic benefit from recreational uses of the site adds up to \174.7 billion per year. It is also significant in the sense that monetary information is suggested to help local policy makers evaluate the realistic values of coastal wetlands.

A Study on the Influence of Socio-economic Deprivation on Depression : Focusing on Latent Growth Modeling Analysis (사회경제적 박탈이 우울에 미치는 영향에 관한 연구: 잠재성장모형 분석을 중심으로)

  • Sohn, Yong Jin
    • Journal of the Korean Data Analysis Society
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    • v.20 no.6
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    • pp.3227-3238
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    • 2018
  • This study attempts to investigate the trajectories of socio-economic deprivation on the depression trajectories among middle-aged individuals using a latent growth model over the last five years. Using the Korea welfare panel study data ranged from the year 2013 (8th wave) to the year 2017 (12th wave), a sample of 7,437 aged over 40 was selected. Three hypothesis was proposed as follows. Is the trajectory of depression changing over the years? Are the initial values of socio-economic deprivation causally related to the initial values of depression? Are the rates of change in socio-economic deprivation causally related to the rates of change in depression? Results showed that the growth curve of depression tended to decline negatively over the five-year period. As the intial values of socio-economic deprivation increased, so did the initial values of depression move upwards. Finally, as the changes of socio-economic deprivation tended to get larger, those changes of depression also accordingly increased as well. The public policy implications based on the current study were discussed to pay more attention to those middle-aged individuals suffering from socio-economic deprivations.

Economic Analysis of Jeju Island Power System Outage Using Event Study (이벤트 스터디 기법을 이용한 제주 정전의 경제적 파급효과 분석)

  • Kim, Jin-A;Lee, Jae-Hee;Lee, Jong-Uk;Joo, Sung-Kwan
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.1
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    • pp.46-50
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    • 2010
  • Power system outages can lead to huge economic losses for various industries. Jeju island power system outage in 2006 also caused significant social and economic impacts in Korea. There have been numerous attempts to evaluate the economic costs of power system outages. Power system outages can also have financial impacts on electric power industry. This paper attempts to analyze the economic impacts of the 2006 Jeju island power system outage on the values of the firms in the power industry using event study. Empirical analysis results are presented to show the economic impacts of the 2006 Jeju island outage on the values of the firms in the power industry.

A Study on the Positive Economic Values of Rain After a Long Drought: for the Rainfall Case of 20~21 April, 2009 (오랜 가뭄 뒤 내린 비에 대한 긍정적 측면의 경제적 가치 연구: 2009년 4월 20~21일 강수 사례 중심으로)

  • Lee, Young-Gon;Kim, Baek-Jo;Cha, Kee-Uk;Park, Gil-Un;Ryoo, Kyong-Sik
    • Atmosphere
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    • v.20 no.2
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    • pp.173-186
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    • 2010
  • The impact of the precipitation has been focused on losses in social and economical sectors. However, as growing the concerns of the future water shortage caused by the climate change, the precipitation should be consider in various views for an effective planning in the water resource management. A precipitation case occurred from 20 to 21 April 2009 was recorded as a welcome rain because it reduced the severe drought continued in Korea from winter season of 2008. In this study, economic values of the event was calculated with positive aspects in various sectors. The estimation is based on four major parts such as a secure of water resources, the improvement of air quality, the decrease of forest fires, and the reduction of the drought impact. The water resources only considered inflow waters into dams and the reservoirs managed by Korean public institutions and their economic values accounts for 5.92 billion won. Decreases of four air pollutants($PM_{10}$, $NO_2$, CO, and $SO_2$) were considered as the positive effects of the rainfall and estimated 175.4 billion won. The preventive effect of the forest fire after the rainfall results in 0.48 billion won. Finally, the rainfall during the drought period is effective to reduce the social costs of 108.65 billion won. Although the economic values estimated in this study explain parts of the positive effects of the precipitation, it can help to develop a comprehensive and systematic valuation system for the whole process of the precipitation. For doing this, various rainfall types should be analyzed in social-economic terms including economics, environments and hydrology.

Estimation of Users대 Benefit Value for Woobang Tower Land in Taegu Using Travel Cost Method (여행비용접근법을 통한 대구 우방타워랜드의 편익가치 측정)

  • 김수봉;심애경;권기찬
    • Journal of Environmental Science International
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    • v.10 no.3
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    • pp.173-178
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    • 2001
  • The aim of this paper is to evaluate users benefit values of theme park using Travel Cost Method with special reference to Woobang Tower Land in Taegu for the estimation of economic values. This research is mainly based on questionnaire survey of 100 users of the theme park. Socio-economic factors such as income, year of education, annual income, age and money(travel cost) are analysed from 5 residential areas of the respondents. Multiple regression analysis was used for the evaluation of annual number of park visitings based on the analysis. The regression model shows NV = $\alpha$+$\beta_1$TC+$\beta_2$INC+$\beta_3$EDU+$\beta_4$AGE (NV : Annual Number of Visitings, TC : Travel Cost, INC : Annual Income, EDU : Years of Education, AGE : Age). Regarding to visitors demand curve based on the equation showed that annual economic values of Woobang Tower Land was estimated as 50billion Korean Won.

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A Study on Establishing an Ecosystem Service Evaluation System in Response to Climate Change Focusing on Garden Value Evaluation Indicators

  • Yejin Park;Yunmi Park;ChangKeun Park
    • Asian Journal of Innovation and Policy
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    • v.12 no.3
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    • pp.277-303
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    • 2023
  • The importance of ecosystem service such as green spaces has risen due to restrictions on outdoor activities amid the climate crisis and COVID-19. While gardens significantly impact economic development, quality of life, and social well-being, comprehensive studies on their multidimensional values are lacking. This research categorizes garden values into social, cultural, environmental, and health dimensions and proposes an integrated assessment framework that introduces detailed elements and evaluation methods. An empirical assessment of carbon storage index in two Korean gardens, Semiwon and Juknokwon, reveals Semiwon's higher carbon storage per unit area. The proposed framework, emphasizing a quantitative approach, enables cross-national and regional comparisons, contributing to a broader understanding and evaluation of garden values beyond specific facilities.