• Title/Summary/Keyword: equilibrium analysis

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An Alternative Approach for Setting Equilibrium Prices of Sericultural Products (잠사류의 균형 가격모색)

  • 이질현
    • Journal of Sericultural and Entomological Science
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    • no.12
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    • pp.47-50
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    • 1970
  • There are many factors affecting the development of sericultural industry in Korea. The setting of a rational pricing system for sericultural products is one of important activities of the Korean Government to improve the incentives to producers. The determination o: the prices for many years were based on the production costs including a certain level of profits. Some of cost items are in conflict both in cocoon producers and silk-reeling industries. Government officials have to evaluate these conflicting problems and estimate the consequences of their decisions. In this situation the final decision often became political decisions. This analysis is aimed at providing an alternative method of setting the prices of sericultural products. The criteria of the equilibrium employed in this analysis are based on economic principle which equilibrium condition is determined by the relationships between the marginal productivity of input factors and factor prices. In order to obtain the related information Cobb-Douglas'functions were fitted using KIST computer and data were obtained mostly from the Bank of Korea and the Ministry of Agriculture and Forestru, An important assumption is that "Opportunity Costs" of factors input in both cocoon production and silk-Peeling industries are same, The major finding s obtained are as followings. 1) The sum of coefficient of production elastisity in silk-reeling industries is greater than one. Silk-reeling industries are operating under the situation of increasing return to scale and it is, therefore, expected to develop the industries as the capital-intensive large scale. 2) The cocoon producing farmers are under the situations of the decreasing return to scale and it is expected to continue their cocoon farming as the labor-intensive small scale, assuming the present level of production technology. As the development of commercial farming, the resources input in cocoon production will be shifted to the production for higher profitable crops, 3) The price elastisity of production is higher in cocoon production than in silk-reeling industries. It is expected that the price changing effects on domestic production will be resulted from cocoon producers. 4) Based on analysis results of marginal productivities and the opportunity costs of resources, cocoon price for meeting equilibrium price condition is to be increased by 8-16 percent or standard price level of silk increased by 6-8 percent. There were the possibilities of over evaluation on opportunity cost of resources input in silk-reeling industries, or income transfered from the farmers to the industries. It is recommended that the prices for meeting equilibrium price conditions are to be determined by 72 percent for cocoon and 28 percent for silk-reeling costs, based on standard level of the exporting prices.

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Modeling of Water Temperature in the Downstream of Yongdam Reservoir using 1-D Dynamic Water Quality Simulation Model (1차원 동적수질모형을 활용한 용담댐 하류하천의 수온변동 모의)

  • Noh, Joonwoo;Kim, Sang-Ho;Shin, Jae-Ki
    • Journal of Korean Society on Water Environment
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    • v.26 no.2
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    • pp.356-364
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    • 2010
  • The chemical and biological reaction of the aquatic organism is closely related with temperature variation and water temperature is one of the most important factors that should be considered in establishing sustainable reservoir operation scheme to minimize adverse environmental impacts related with dam construction. This paper investigates temperature variation in the downstream of Yongdam Reservoir using sampled data collected from total 8 temperature monitoring stations placed along the main river and the major tributaries. Using KoRiv1, 1-dimensional dynamic water quality simulation model, temperature variation in the downstream of Yongdam Reservoir has been simulated. The simulated results were compared with sampled data collected from May 15 to August 1 2008 by applying two different temperature modeling schemes, equilibrium temperature and full heat budget method. From the result of statistical analysis, seasonal temperature variation has been simulated by applying the equilibrium temperature scheme for comparison of the difference between the reservoir operation and the natural conditions.

Numerical analysis of the coupled heat and mass transfer phenomena in a metal hydride hydrogen storage reactor(I) - Model development of analyzation for hydrogen absorption reaction using the $LaNi_5$ bed (금속수소화물 수소저장 용기 내부의 열 및 물질전달 현상에 대한 수치적 연구(I) - $LaNi_5$ 베드를 이용한 수소 흡장반응 해석 모델 개발)

  • Nam, Jinmoo;Ju, Hyunchul
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.225.1-225.1
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    • 2010
  • Within recent years attention has been focused on the method of hydrogen storage using metal hydride reactor due to its high energy density, durability, safety and low operating pressure. In this paper, a numerical study is carried out to investigate the coupled heat and mass transfer process for absorption in a cylindrical metal hydride hydrogen storage reactor using a newly developed model. The simulation results demonstrate the evolution of temperature, equilibrium pressure, H/M atomic ratio and velocity distribution as time goes by. Initially, hydrogen is absorbed earlier from near the wall which sets the cooling boundary condition owing to that absorption process is exothermic reaction. Temperature increases rapidly in entire region at the beginning stage due to the initial low temperature and enough metal surface for hydrogen absorption. As time goes by, temperature decreases slowly from the wall region due to the better heat removal. Equilibrium pressure distribution appears similarly with temperature distribution for reasons of the function of temperature. This work provides a detailed insight into the mechanism and corresponding physicochemical phenomena in the reactor during the hydrogen absorption process.

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Adsorption Isotherms of Catechin Compounds on (+)Catechin-MIP

  • Jin, Yinzhe;Wan, Xiaolong;Row, Kyung-Ho
    • Bulletin of the Korean Chemical Society
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    • v.29 no.8
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    • pp.1549-1553
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    • 2008
  • A molecular imprinted polymer (MIP) using (+)catechin ((+)C) as a template and acrylamide (AM) as a functional monomer was prepared. Acetonitrile was used as the porogen with ethylene glycol dimethacrylate (EGDMA) as the crosslinker and 2,2'-azobis(isobutyronitrile) (AIBN) as the initiator. The adsorption isotherms in the MIP were measured and the parameters of the equilibrium isotherms were estimated by linear and nonlinear regression analyses. The linear equation for original concentration and adsorpted concentrations was then expressed, and the adsorption equilibrium data were correlated into Langmuir, Freundlich, quadratic, and Langmuir Extension isotherm models. The mixture compounds of (+)C and epicatechin (EC) show competitive adsorption on specific binding sites of the (+)catechin-MIP. The adsorption concentrations of (+)C, epicatechin (EC), epicatechin gallate (ECG), and epigallocatechin gallate (EGCG), on the (+)catechin-molecular imprinted polymer were compared. Through the analysis, the (+)catechin-molecular imprinted polymer showed higher adsorption ability than blank polymer which was synthesized molecular imprinted polymer without (+)catechin. Furthermore, the competitive Langmuir isotherms were applied to the mixture compounds of (+)C and EC.

Verification of Vibration Test System for Geostationary Satellite (정지궤도위성 진동시험을 위한 가진 시스템 검증)

  • Im, Jong-Min;Moon, Sang-Moo;Eun, Hee-Kwang;Moon, Nam-Jin;Lee, Dong-Woo;Moon, Guee-Won
    • Aerospace Engineering and Technology
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    • v.9 no.2
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    • pp.143-152
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    • 2010
  • Development and verification of whole vibration test system was requested for developing a geostationary satellite. This satellite is enlarged significantly compared with fore-satellite in KARI. For vertical vibration test, new vertical vibration system was developed. For lateral vibration test, thermal equilibrium test was performed because of difference of thermal characteristics between test adapter and slip table. And lateral vibration system performance for overturning moment was verified by analysis and test. As the number of acquisition channels was increased, new shaker control and data acquisition system was installed. In this paper, verification process and techniques to improve test stability are introduced for the whole vibration test system.

An Analysis of Production and Marketing Control Effect of Aqua-cultured Flounder Using Supply and Demand Models (수급모형을 이용한 양식넙치의 생산 및 출하조절 효과분석)

  • Ko, Bong-Hyun
    • The Journal of Fisheries Business Administration
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    • v.47 no.4
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    • pp.65-75
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    • 2016
  • The purpose of this study was to analyze the production and marketing control effects of aqua-cultured flounder required for stable income growth of aqua-cultured household. We analyzed the supply and demand structure of cultured flounder using the partial equilibrium model approach. And we estimated the optimal yield of cultured flounder and analyzed the effect of marketing control through constructed model. The main results of this study are summarized as follows. First, the fitness and predictive power of the estimated model showed that the RMSPE and MAPE values were less than 5% and Theil's inequality coefficient was very close to 0 rather than 1. It was evaluated that the prediction ability of the aqua-cultured flounder supply and demand model by dynamic simulation was excellent. Second, dynamic simulation based on policy simulation was conducted to analyze the price increase effect of production and shipment control of cultured flounder. As a result, if the annual production volume is reduced by 1%, 5%, and 10% among 32,852~37,520 tons, it is analyzed that the price increase effect is from 1.2% to 12.5%. Finally, this study suggests that the production and marketing control can increase the price of aqua-cultured flounder in the market. In this paper, we propose a policy implementation of the total supply system instead of conclusions.

Analysis on the Welfare Effect of the PPP Implementation (민간투자사업의 후생효과 분석)

  • Kim, Jungwook;Moon, Weh-Sol
    • KDI Journal of Economic Policy
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    • v.35 no.3
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    • pp.1-38
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    • 2013
  • This study investigates the welfare implications of BTL projects using a general equilibrium model with the public sector and public-private partnerships. We show that when the government is not allowed to run budget deficits but private firms is able to overcome the financial constraint, BTL projects performed by public-private partnerships (PPPs) could be a good alternative and improve the welfare of the model economy. This paper quantitatively investigates excessive expansion of PPP projects and several alternatives to retrieve welfare losses caused by such an expansion. Assuming that future rents of BTL projects are not taken into account, we find the welfare losses up to 20 percent relative to conventional government projects. Finally, we show that it would be possible to reduce the losses by transforming the fully depreciated capital stock of the government projects into much smaller new PPP projects.

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Hydrogen Production by Pyrolysis of Natural Gas : Thermodynamic Analysis (천연가스 열분해에 의한 수소 생산 : 열역학적 해석)

  • Yoon, Y.H.;Park, N.K.;Chang, W.C.;Lee, T.J.;Hur, T.;Lee, B.G.;Baek, Y.S.
    • Transactions of the Korean hydrogen and new energy society
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    • v.13 no.1
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    • pp.42-51
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    • 2002
  • Methane can be converted directly to hydrogen by pyrolysis. The reaction is highly endothemic and heat must be supplied at high temperatures. Gibbs free energy minimization calculations have been carried out for the methane pyrolysis to determine equilibrium products. The calculation parameters are the temperature, the initial H/C ratio, the pressure and Gibbs energies of each substance. Methane, ethylene, acetylene, benzene, naphthalene, and hydrogen are the main products. Excluding hydrogen, it is observed that ethylene and aromatics(benzene+naphthalene) are predominant products below 1400K, whereas acetylene is significantly formed above 1400K. Hydrogen dilution increases the selectivities for ethylene and acetylene and decreases the selectivity for aromatics. Increasing the pressure also decreases the decomposition of methane.

Calculation of thermodynamical equilibrium composition of combustion gases (燃燒氣體의 熱力學的 平衡組成計算에 관한 硏究)

  • 허병기;이청종
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.11 no.1
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    • pp.177-188
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    • 1987
  • A compute program based on the minimization of total Gibbs' free energy and enthalpy balance was developed to calculate the chemical equilibrium composition and adiabatic flame temperature, especially stressed on NO and CO concentration of Heavy oil. Twenty four components of combustion gases which would be produced from the combustion of Heavy oil were chosen and utilized for the products composition analysis of competing combustion reaction. As the results, following conclusions were turned out; (1) Maximum adiabatic flame temperature was found around to be 2900K, when the stoichiometric air ratio was 0.8. (2) Maximum NO quantity in adiabatic process was occurred when supplied air quantity was around 120% of theoretical air requirement. (3) NO and CO quantities were increased with combustion gas temperature at constant stoichiometric air ratio. (4) At constant temperature of combustion gas, NO quantity was increased and Co quantity was decreased with supplied air quantity.

Analytical Approach of Sliding Installation Method with Spar Structure

  • Lee, Jong-Hyun
    • Journal of Navigation and Port Research
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    • v.35 no.7
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    • pp.575-580
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    • 2011
  • It is important to understand the trajectory of structure in launching process because of the short time of launching process may result in unexpected accidents or damage to structures. The high risk of structural failure is not avoidable without the fully comprehension of changing forces in launching procedure. The commercial software can evaluate the motion of launching event in calm water condition but there is the limitation of research application because of the programmed commercial software. The launching process of the spar hull is suggested with stage concept that is divided into 10 stages in time domain. A force equilibrium diagram is derived for each stage where the changes of force vector and motion characteristics take place. In particular, the effects of changes in buoyancy and drag force due to the progressive submergence of the spar hull are taken into account by means of a touch length concept. The results contained in this paper provide the valuable information of the trajectory motion evaluation with suggested methods in spar launching process with sliding barge. Furthermore, the presented stage concept and touch length concept will provide basic knowledge for understanding launching process and help to develop further research area for launching analysis.