• Title/Summary/Keyword: macroeconomic minimodel

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Simulating the Future of Nakdong River Basin for the Sustainable Use (낙동강 유역의 지속적인 이용을 위한 미래예측)

  • Kim, Jin-Lee;Lee, Suk-Mo
    • Journal of Environmental Science International
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    • v.10 no.4
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    • pp.253-258
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    • 2001
  • A macroeconomic minimodel was simulatedto suggest the public for sustainable us of Nakdong River Basin. The minimodel for the simulation shows the interrelationships between natural environment and economic activity. Topsoil, water, economic assets, and money stock are plotted for 300 years, beginning with 1996 in each simulation. The computer simulation runs suggest that the Nakdong River Basin system in the near future may strongly be influenced by the favorable availability of outside resources, while the economic assets and money stock may be declined by indigenous environmental stock depletion. The simulation run made under the constant decrease in systems purchased inputs with investment ratio of developed country and for sustainable use. The results of simulation shows the recover of natural environment and decrease of economic activity under these condition. Therefore, the economic structure of Nakdong River Basin should be transformed from the present industrial structure to the social-economic structure based on an ecological-recycling concept which depend on renewable resources rather than industrial structural which depend on outside resources.

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Evaluation of Korea\`s Sustainable Development by the System Ecology(II) -Simulating the Future of Korea\`s Natural Environment and Economic Development- (시스템 생태학적 접근법에 의한 한국의 지속적인 발전가능성 평가(II) -한국의 자연환경과 경제활동에 대한 미래예측-)

  • 이석모;손지호;김진이
    • Journal of Environmental Science International
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    • v.10 no.2
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    • pp.91-97
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    • 2001
  • A macroeconomic minimodel was simulated to analyze the effect of global exchange on the Korea\\`s economy. The simulation results illustrate some of the consequences of public policy and some insight into current world problems. All computer simulation runs made under various conditions suggest that the Korea\\`s system in the near future may be strongly influenced by the favorable availability of outside resources, while the national power and assets may be declined by indigenous environmental stock depletion. The borrowed capital allows the temporary money stock to increase and the national assets to grow faster and a little higher, as using up the environmental resources more quickly. Later, when the debt is paid off, the foreign exchange holdings may not go so high. For the environmentally sound and sustainable development, over 75% of total economic production should be invested to the natural resource management. Therefore, the economic structure of Korea should be transferred from the present industrial structure to social-economic structure based on ecological-recycling concept.

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