• 제목/요약/키워드: partial equilibrium model

검색결과 82건 처리시간 0.031초

Policy evaluation of the rice market isolation system and production adjustment system

  • Dae Young Kwak;Sukho Han
    • 농업과학연구
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    • 제50권4호
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    • pp.629-643
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    • 2023
  • The purpose of this study was to examine the effectiveness and efficiency of a policy by comparing and analyzing the impact of the rice market isolation system and production adjustment system (strategic crops direct payment system that induces the cultivation of other crops instead of rice) on rice supply, rice price, and government's financial expenditure. To achieve this purpose, a rice supply and demand forecasting and policy simulation model was developed in this study using a partial equilibrium model limited to a single item (rice), a dynamic equation model system, and a structural equation system that reflects the casual relationship between variables with economic theory. The rice policy analysis model used a recursive model and not a simultaneous equation model. The policy is distinct from that of previous studies, in which changes in government's policy affected the price of rice during harvest and the lean season before the next harvest, and price changes affected the supply and demand of rice according to the modeling, that is, a more specific policy effect analysis. The analysis showed that the market isolation system increased government's financial expenditure compared to the production adjustment system, suggesting low policy financial efficiency, low policy effectiveness on target, and increased harvest price. In particular, the market isolation system temporarily increased the price during harvest season but decreased the price during the lean season due to an increase in ending stock caused by increased production and government stock. Therefore, a decrease in price during the lean season may decrease annual farm-gate prices, and the reverse seasonal amplitude is expected to intensify.

부분균형모형을 이용한 전복 수급전망모형 구축에 관한 연구 (A Study of the Abalone Outlook Model Using by Partial Equilibrium Model Approach Based on DEEM System)

  • 한석호;장희수;허수진;이남수
    • 수산경영론집
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    • 제51권2호
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    • pp.51-69
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    • 2020
  • The purpose of this study is to construct an outlook model that is consistent with the "Fisheries Outlook" monthly published by the Fisheries Outlook Center of the Korea Maritime Institute(KMI). In particular, it was designed as a partial equilibrium model limited to abalone items, but a model was constructed with a dynamic ecological equation model(DEEM) system taking into account biological breeding and shipping time. The results of this study are significant in that they can be used as basic data for model development of various items in the future. In this study, due to the limitation of monthly data, the market equilibrium price was calculated by using the recursive model construction method to be calculated directly as an inverse demand. A model was built in the form of a structural equation model that can explain economic causality rather than a conventional time series analysis model. The research results and implications are as follows. As a result of the estimation of the amount of young seashells planting, it was estimated that the coefficient of the amount of young seashells planting from the previous year was estimated to be 0.82 so that there was no significant difference in the amount of young seashells planting this year and last year. It is also meant to be nurtured for a long time after aquaculture license and limited aquaculture area(edge style) and implantation. The economic factor, the coefficient of price from last year was estimated at 0.47. In the case of breeding quantity, it was estimated that the longer the breeding period, the larger the coefficient of breeding quantity in the previous period. It was analyzed that the impact of shipments on the breeding volume increased. In the case of shipments, the coefficient of production price was estimated unelastically. As the period of rearing increased, the estimation coefficient decreased. Such result indicates that the expected price, which is an economic factor variable and that had less influence on the intention to shipments. In addition, the elasticity of the breeding quantity was estimated more unelastically as the breeding period increased. This is also correlated with the relative coefficient size of the expected price. The abalone supply and demand forecast model developed in this study is significant in that it reduces the prediction error than the existing model using the ecological equation modeling system and the economic causal model. However, there are limitations in establishing a system of simultaneous equations that can be linked to production and consumption between industries and items. This is left as a future research project.

An Analysis of the Impact of Climate Change on the Korean Onion Market

  • BAEK, Ho-Seung;KIM, In-Seck
    • 산경연구논집
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    • 제11권3호
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    • pp.39-50
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    • 2020
  • Purpose: Agriculture, which is heavily influenced by climate conditions, is one of the industries most affected by climate change. In this respect, various studies on the impact of climate change on the agricultural market have been conducted. Since climate change is a long-term phenomenon for more than a decade, long-term projections of agricultural prices as well as climate variables are needed to properly analyze the impact of climate change on the agricultural market. However, these long-term price projections are often major constraints on studies of climate changes. The purpose of this study is to analyze the impacts of climate changes on the Korean onion market using ex-post analysis approach in order to avoid the difficulties of long-term price projections. Research design, data and methodology: This study develops an annual dynamic partial equilibrium model of Korean onion market. The behavioral equations of the model were estimated by OLS based on the annual data from 1988 to 2018. The modelling system is first simulated to have actual onion market conditions from 2014 to 2018 as a baseline and then compared it to the scenario assuming the climatic conditions under RCP8.5 over the same period. Scenario analyses were simulated by both comparative static and dynamic approach to evaluate the differences between the two approaches. Results: According to the empirical results, if the climate conditions under RCP8.5 were applied from 2014 to 2018, the yield of onion would increase by about 4%, and the price of onion would decrease from 3.7% to 17.4%. In addition, the average price fluctuation rate over the five years under RCP8.5 climate conditions is 56%, which is more volatile than 46% under actual climate conditions. Empirical results also show that the price decreases have been alleviated in dynamic model compared with comparative static model. Conclusions: Empirical results show that climate change is expected to increase onion yields and reduce onion prices. Therefore, the appropriate countermeasures against climate change in Korean onion market should be found in the stabilization of supply and demand for price stabilization rather than technical aspects such as the development of new varieties to increase productivity.

환경정책과 지역경제 : 상반관계 vs. 보완관계 (Environment Policy and Regional Economic Growth: Conflicting vs. Complementing)

  • 김홍배;윤갑식
    • 지역연구
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    • 제15권1호
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    • pp.63-73
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    • 1999
  • It is generally believed that there is a trade-off between economic growth and environmental quality since pollutants are generated in the process of production and consumption of commodities. Several researchers have shown this prevailing belief using the short-term input-output models. The literature, however, shows that there have been few attempts to investigate the relationship using long-term forecasting models. This motivates the current paper. This paper attempts to build a reginal growth model in a partial equilibrium framework taking into consideration the requirements of capital invested for pollutant abatement. Model is largely neoclassical. Labor is assumed to move a region with high utility specified in regional per capita average was income and pollution level while capital is partially mobile to a region with high returns. The regional growth is explored in a phase diagram. The paper shows that there are two stable growth equilibria which a region can converge over time and that the equilibria are distinguished by the initial threshold capital stock that a region holds. If the initial capital stock of a region is over(under) than the threshold size, the region converges to the higher (lower) growth equilibrium over time. Moreover, based on this result an environmental quality enhancing policy is analyzed in the phase diagram. It has revealed that the policy calls for the relocation of growth equilibrium points, specifically speaking, it stimulates an increase in labor stock and a decrease in capital stock. Hence the paper has suggested that the prevailing belief which the environmental policy negatively impacts on a regional economic growth is not always true.

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A piecewise linear transverse shear transfer model for bolted side-plated beams

  • Li, Ling-Zhi;Jiang, Chang-Jiu;Su, Ray Kai-Leung;Lo, Sai-Huen
    • Structural Engineering and Mechanics
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    • 제62권4호
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    • pp.443-453
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    • 2017
  • The performance of bolted side-plated (BSP) beams is affected by the degree of transverse partial interaction, which is a result of the interfacial slip caused by transverse shear transfer between the bolted steel plates and the reinforced concrete beams. However, explicit formulae for the transverse shear transfer profile have yet to be derived. In this paper, a simplified piecewise linear shear transfer model was proposed based on force superposition principle and simplification of shear transfer profiles derived from a previous numerical study. The magnitude of shear transfer was determined by force equilibrium and displacement compatibility condition. A set of design formulae for BSP beams under several basic load cases was also derived. Then the model was verified by test results. A worked example was also provided to illustrate the application of the proposed design formulae. This paper sheds some light on the shear force transfer mechanism of anchor bolts in BSP beams, and offers a practical method to evaluate the influence of transverse partial interaction in strengthening design.

다수단 가변수요 통행배정문제를 위한 부분선형화 알고리즘의 성능비교 (A Performance Comparison of the Partial Linearization Algorithm for the Multi-Mode Variable Demand Traffic Assignment Problem)

  • 박태형;이상건
    • 대한산업공학회지
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    • 제39권4호
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    • pp.253-259
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    • 2013
  • Investment scenarios in the transportation network design problem usually contain installation or expansion of multi-mode transportation links. When one applies the mode choice analysis and traffic assignment sequentially for each investment scenario, it is possible that the travel impedance used in the mode choice analysis is different from the user equilibrium cost of the traffic assignment step. Therefore, to estimate the travel impedance and mode choice accurately, one needs to develop a combined model for the mode choice and traffic assignment. In this paper, we derive the inverse demand and the excess demand functions for the multi-mode multinomial logit mode choice function and develop a combined model for the multi-mode variable demand traffic assignment problem. Using data from the regional O/D and network data provided by the KTDB, we compared the performance of the partial linearization algorithm with the Frank-Wolfe algorithm applied to the excess demand model and with the sequential heuristic procedures.

수급모형을 이용한 목제품 시장 전망 (Outlook of Wood Products Markets with Supply and Demand Model)

  • 이상민;김경덕;송성환;박지은
    • 한국산림과학회지
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    • 제103권3호
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    • pp.462-472
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    • 2014
  • 이 연구는 목제품의 수급모형을 개발하고, 제품별로 중장기적인 수요와 공급을 전망하는 데 목적이 있다. 목제품 시장 수급모형은 주요 제품인 제재목, 합판, 파티클보드, 섬유판, 펄프 등으로 한정하였다. 각각의 제품에 대해 공급함수, 수입수요함수, 수요함수 등을 추정하여 부분균형 모형을 구축하였다. 주어진 외생변수를 이용하여 2050년까지 전망한 결과 제재목, 합판, 섬유판 등의 국내공급 및 수입은 감소할 것으로 예상된다. 이는 환경보호와 자원의 무기화 등으로 인해 국내외 원목가격이 인상될 것이라고 예상하였기 때문이다. 반면 폐재를 재활용하는 파티클보드와 목재칩을 원료로 이용하는 펄프의 경우 전체적인 공급은 늘어날 것으로 전망된다.

US-EPA 정책하에서의 SO2 농도와 건강피해 (SO2 Concentrations and Health Damages under Alternative US-EPA Policies)

  • 블라디미르 할라스니
    • 자원ㆍ환경경제연구
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    • 제18권3호
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    • pp.393-430
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    • 2009
  • 이 연구는 미국 에너지 산업의 두 환경 정책 적용 아래 이산화황 농도를 평가하기 위하여 계산가능한 부분적 균형(computable partial equilibrium) 모형을 이용한다. 배출 최고한도(emission caps) 정책과 교환기능 허가(tradable allowances) 정책은 동일한 방출 총계를 산출하기 위해 선택되었다. 두 정책을 통해 상당히 다른 지역간 농도차를 확인할 수 있다. 이러한 편차는 개별 주 및 전국적으로 건강 손상의 총계로 있는 수 억의 달러의 다른 형태의 손실로 변환된다. 배출 최고한도 정책이 교환가능 허가 정책을 4억 5,200만 달러만큼 능가한다. Caps는 다른 정책보다는 8억 4,000만 달러 적은 피해를 전달하는 남서지역 중남부와 남동 국가를 선호한다. 그러나 북부와 북동 국가에 3억 9,000만 달러 더 높은 피해를 전달한다.

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Partial Confinement Utilization for Rectangular Concrete Columns Subjected to Biaxial Bending and Axial Compression

  • Abd El Fattah, Ahmed M.;Rasheed, Hayder A.;Al-Rahmani, Ahmed H.
    • International Journal of Concrete Structures and Materials
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    • 제11권1호
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    • pp.135-149
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    • 2017
  • The prediction of the actual ultimate capacity of confined concrete columns requires partial confinement utilization under eccentric loading. This is attributed to the reduction in compression zone compared to columns under pure axial compression. Modern codes and standards are introducing the need to perform extreme event analysis under static loads. There has been a number of studies that focused on the analysis and testing of concentric columns. On the other hand, the augmentation of compressive strength due to partial confinement has not been treated before. The higher eccentricity causes smaller confined concrete region in compression yielding smaller increase in strength of concrete. Accordingly, the ultimate eccentric confined strength is gradually reduced from the fully confined value $f_{cc}$ (at zero eccentricity) to the unconfined value $f^{\prime}_c$ (at infinite eccentricity) as a function of the ratio of compression area to total area of each eccentricity. This approach is used to implement an adaptive Mander model for analyzing eccentrically loaded columns. Generalization of the 3D moment of area approach is implemented based on proportional loading, fiber model and the secant stiffness approach, in an incremental-iterative numerical procedure to achieve the equilibrium path of $P-{\varepsilon}$ and $M-{\varphi}$ response up to failure. This numerical analysis is adapted to assess the confining effect in rectangular columns confined with conventional lateral steel. This analysis is validated against experimental data found in the literature showing good correlation to the partial confinement model while rendering the full confinement treatment unsafe.

Ar+O2 혼합가스 취입에 의한 용철의 탈탄 반응속도 (Decarbonization Kinetics of Molten Iron by Ar+O2 Gas Bubbling)

  • 손호상;정광현
    • 대한금속재료학회지
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    • 제47권2호
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    • pp.107-113
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    • 2009
  • Molten iron with 2 mass % carbon content was decarbonized at 1823 K~1923 K by bubbling $Ar+O_2$ gas through a submerged nozzle. The reaction rate was significantly influenced by the oxygen partial pressure and the gas flow rate. Little evolution of CO gas was observed in the initial 5 seconds of the oxidation; however, this was followed by a period of high evolution rate of CO gas. The partial pressure of CO gas decreased with further progress of the decarbonization. The overall reaction is decomposed to two elementary reactions: the decarbonization and the dissolution rate of oxygen. The assumptions were made that these reactions are at equilibrium and that the reaction rates are controlled by mass transfer rates within and around the gas bubble. The time variations of carbon and oxygen contents in the melt and the CO partial pressure in the off-gas under various bubbling conditions were well explained by the mathematical model. Based on the present model, it was explained that the decarbonization rate of molten iron was controlled by gas-phase mass transfer at the first stage of reaction, but the rate controlling step was transferred to liquid-phase mass transfer from one third of reaction time.