• KDI Journal of Economic Policy
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• v.26 no.1
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• pp.105-140
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• 2004

Korea is entering the class of aging population nations. This paper investigates the extent demographic factors and the aging population affect the saving rate, using an extended life-cycle/permanent-income hypothesis on saving. The results of the tests with Korean household survey data from 1977 to 2002 reveal that real saving rates increase when the duration of lifetime and per household real disposable income rise, and decrease when the growth rate of income and net worth-to-GDP ratio rises. The growth rate of per household real disposable income has negative effects, suggesting that households calculate their life cycle income in a forward looking manner. The elasticities with respect to a change in the lifetime horizon and the growth rate of per household income are 0.58 and -0.03, respectively. A one percent rise in the net worth to GDP ratio reduces the saving rate by 0.3 percent. A one percent rise in per household income increases it by 0.33 percent. The younger-age and the elder-age dependency ratios have insignificant effects on the household saving rate behavior. When Korean life expectancy rises, the private saving rate declines modestly and the government saving rate declines substantially. The economy's real net saving rate declines from 33 percent in 2002 to 30 percent by the year 2030.

• International Journal of Human Ecology
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• v.1 no.1
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• pp.79-93
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• 2000

Using the 1995 Survey of Consumer Finances, this study investigates how family life-cycle stages and financial management practices affect household saving. First findings are that household income and householders education, race and ethnicity have significant effects on saving. Second, regarding the effect of the family life-cycle stages, younger married couples without children, middle pre-retired households without dependent children, and older households without dependent children are more likely to save than other similar households in the life-cycle stage of younger single households. Third, households with longer financial planning horizons, saving goals for retirement, purchase of durable goods and emergency goods, and low credit card debt are more likely to save. Based on the results, implications for financial management education and public policy are suggested.

• Journal of the Korean Home Economics Association
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• v.41 no.6
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• pp.91-104
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• 2003

Using the 1998 Survey of Consumer Finances(SCF), this study examined the factors associated with the probability of saving by female-headed households in the U.S, and investigated how these factors differ by life cycle stages. Age of children, age of female householders and their retirement status were used to categorize three life cycle stages: first stage - have at least one child under age 18; second stage - under the age of 62 and have no children under age 18; third stage - over the age of 62 and retired. Logistic regression analysis results indicated that those with higher education and income and who were White were more likely to save. An interactive model showed that life cycle stages were significantly related to saving decisions. Female-headed households in the first stage or the third stage were less likely than those in the second stage (reference group) to save. For female-headed households in the first stage and the third stage, the amount of income had significantly positive effects on the decision to save. Also, in the group of households in the first stage, the receipt of welfare assistance increased the probability of saving.

• Journal of the Korean Institute of Navigation
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• v.18 no.4
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• pp.119-136
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• 1994

In Korea, the System of search and rescue in water have came into force on the basis of the Korea Life Saving and Rescue Act. 1961. But It's a premodern administration law which is not fit for an international system of the search and rescue and become disconnected with reality in Korea. Recently the marine casualties occur frequently in Korea coastal area, therefore, we need to amend the 1961 Act. The amendment which is carried out by the Korea Maritime Police Agency is a provision to receive International convention(SAR, 1979). The amendment of this Act will give a epoch-making change to Korean policy of the life-saving and rescue, security to marine safety and contribution to National positon on system of "Search and Rescue". In this thesis, I propose a development scheme to be conductive to original task on "Search and Rescue" of International Convention in Korea Life Saving and Rescue Act(Amendment, 1994).t(Amendment, 1994).

• Journal of Applied Reliability
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• v.13 no.1
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• pp.55-63
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• 2013

For a reliability assessment of large machinery parts, reliable data should be obtained from testing many samples for a long time. However, in case of testing these samples, testing cost is excessive; in case of life test for long time, power consumption is high; and in case of accelerated test by over load, very high cost is required to build the life testing device. Especially it is very frequent that the expensive device's life has ended during a accelerated test by over load. In this study, the design mechanism of the life testing device which excels in energy saving during the reliability test of large machinery parts has been introduced.

• Journal of Families and Better Life
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• v.26 no.4
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• pp.1-11
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• 2008

This study investigated consumers' energy saving behavior and perceptions concerning the effectiveness of their energy saving behavior. A nation wide survey was conducted involving 2000 households in urban areas and the data from 1767 households were used for the analysis. excluding cases with incomplete responses. Descriptive analysis, factor analysis, and regression analysis were applied. The results were as follows. First, electricity saving behavior was classified into three categories: Thrift (reducing energy consumption), Purchase (buying energy saving appliances), and Control (checking the energy consumption). Second, consumers rated Thrift as the best way to save energy. Third, education, age, and household income were significantly related to energy saving behavior and perceptions on the effectiveness of energy saving behavior. Consumers using above average levels of electricity tended not to practice energy saving behavior and not to positively evaluate effectiveness of the energy saving behavior. Lastly, the implications for public policies to promote energy saving behavior are suggested.

• The Korean Journal of Food & Health Convergence
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• v.5 no.6
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• pp.17-21
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• 2019

This article addresses issues related to environmental pollution.Particular attention is paid to the prevention of environmental pollution by livestock waste, which prompted the creation of closed ecological and biotechnical systems as environmentally closed production structures that can fit into the equilibrium system of the environment with minimal damage to it. An energy-saving and environmental protection technology for the processing and disposal of livestock waste with a maximum coefficient of energy transfer to livestock products has been developed, which consists in a combined treatment of waste in three stages, by transferring waste from one technological module to another, which makes it possible to completely utilize mineral substances in waste. The focus is on vermicultivation, microalgae cultivation and anaerobic fermentation in a bioenergy plant. To increase the productivity of growing microalgae, the authors proposed a deep type cultivator with submerged movable light sources.The technological parameters of the bioenergy installation for waste treatment are determined. An energy-saving and environmental-friendly technology has been developed for processing The main contribution of the study is the development of energy-saving and environmental technology for the processing and disposal of livestock waste with a maximum coefficient of energy transfer to livestock products.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.14 no.11
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• pp.981-988
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• 2002

Generally, the term "energy saving is economical" is appropriate for the national view point and for design and assessment of one system, but not appropriate when choosing the system by comparing alternative systems in the early design step. Sometimes, non-energy saving system is more economical than energy saving system because of the price of electricity, gas or oil, which are used for operating the air conditioning system. Therefore, when designing the system, we should consider the efficient alternatives through economic assessment of energy saving method. However, research on non-operating number control of the system is not sufficient because it is more common to use operating number control of the system for most economic assessment of air conditioning system. For this reason, this research can provide the economics through operating number control as basic design data. The data obtained through assesment of Life Cycle Cost based on amount of yearly energy use, were produced by system simulation of HASP/ACLD/8501 and HASP/ACSS/8502 for six alternative heating/cooling systems based on constant air volume conditioning system, which is widely used for medium and large office buildings in Busan.

• Journal of Families and Better Life
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• v.2 no.1
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• pp.57-66
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• 1984

This study examines differences in the household saving show significant differences according to the specific stage of family life cycle. 337 housewives in Taegu were interviewed by questionnaire. Analysing method employed are frequency, percentage and Chisquare test. Findings are as follows; 1) The average ratios of household saving show significant differences according to the specific stage of family life cycle. 2) Purposed of household savings had significant differences at each stage of the family life cycle. 3) Selections of financial goods did not have significant differences according to the sage of family life cycle . 4) Selections of financial goods had significant difference according to the purposed of household savings.

• JOURNAL OF ELECTRICAL WORLD
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• no.6 s.54
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• pp.2-4
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• 1981