• Title/Summary/Keyword: import-substituting effect

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Economic effect analysis of flame retardant aluminum screen development

  • Park, Bum-Soon;Han, Chung-Soo;Kang, Tae-Hwan;Lee, Hee-Sook
    • Korean Journal of Agricultural Science
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    • v.43 no.3
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    • pp.496-505
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    • 2016
  • The purpose of this study was to investigate the economic effects of a flame retardant aluminum screen developed by a company Economic effects were analyzed in terms of micro and macro-economic aspects. In the macro-economic aspect, economic effects were analyzed under the assumptions that the total import volume of flame retardant aluminum screen was approximately $50m^2$ in 2015 and that possible import substitution rates were 100%, 80%, and 60%. Results showed economic values of 2.25 billion won (100% import substitution rates), 1.8 billion won (80% import substitution rates), and 1.35 billion won (60% import substitution rates). If existing farms which had been using imported flame retardant aluminum screen replaced it newly developed with the flame-retardant aluminum screen developed in this study at rates of 100%, 80%, and 60%, the farms could save 750 million won, 60 million won, and 45 million won, respectively. Furthermore, the social cost savings from fire prevention could be 1.184 billion won. In the micro-economic aspect, if a farm with a typical-size ($1,000m^2$) greenhouse growing red pepper wanted to install flame retardant aluminum screen instead of generic aluminum screen, the farm may only pay an additional cost of 720,000 won. In comparison, if the farm chose fire insurance instead of flame-retardant aluminum screen, then the farm would pay 21,000,000 won for fire insurance. The above results show that the economic effect of flame retardant aluminum screen developed by the company would be be very efficient compared to the imported one.

An Analysis on Korean Nuclear Power's Contribution to the GHG Emission Reduction and the Economic Effect (한국 원자력발전의 온실가스 저감 기여도 및 경제적 효과 분석)

  • Cho, Byung-Oke;Kim, Shin-Jong;Kim, Jum-Su
    • Journal of Energy Engineering
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    • v.19 no.4
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    • pp.203-214
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    • 2010
  • This study is to assess the reduction of greenhouse gas emission and economic contribution by operating nuclear power plants in Korea. According to the results of applying greenhouse gas emission coefficients to the current nuclear power generation and the estimated nuclear power generation of national energy master plan, it is confirmed quantitatively that nuclear power contributes to reducing greenhouse gas emission, controlling inflation, and substituting import of fossil energies. For the reliable and cost-effective supply of energy and the active respondency to climate change, a continuous expansion of nuclear power is implied to be necessary.