• Environmental and Resource Economics Review
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• v.12 no.4
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• pp.579-609
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• 2003

The role of foreign direct investment (FDI) as a channel of knowledge transfer and on the technological spillovers of know-how to other sectors in the economy is in the middle of this debate. Thus, foreign direct investment may have significant positive effects in reducing residual loadings and environmental pollution. There is an abiding concern expressed by many commentators that countries will lower their environmental standards to attract foreign investment, thereby creating so-called "pollution havens." Others argue that increasing foreign investment could promote "pollution halos" by introducing and transferring more efficient and less polluting technologies. The primary objective of this study is to show the dynamic relationship among pollution loadings, pollution abatement effort, and economic development with explicit consideration of FDI-related effects. This study found when foreign direct investment is evaluated in the model, the environmental pollution level is reduced and expenditure on pollution abatement is increased.

• Nuclear Engineering and Technology
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• v.53 no.8
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• pp.2746-2752
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• 2021

The environmental effects of China's nuclear energy consumption in a dynamic framework of the pollution haven hypothesis are examined. This study uses a dynamic autoregressive distributed lag simulation approach. Empirical evidence confirms that the pollution haven hypothesis does not exist for China; i.e., foreign direct investment plays a promising role in influencing environmental outcomes. Furthermore, empirical results concluded positive contribution of nuclear energy in pollution mitigation. From the results it is expected that encouraging foreign investment to increase generation of nuclear energy would benefit environmental quality by reducing CO₂ emissions.

• Environmental and Resource Economics Review
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• v.23 no.3
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• pp.435-451
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• 2014

This paper attempts to evaluate an environmental regulation program which enforces installation of filtering equipment to reduce major air pollutants from used diesel vehicles. A real option model is presented to incorporate fuel cost uncertainty and irreversibility of emission-reducing investment. A finite-life option based on finite difference method is developed to consider the limited life expectancy of used vehicles. After taking into account social benefits from emission reduction and costs from decreasing fuel efficiency after the adoption of filtering technology, the result finds overall positive performance of the Pollution Reduction Program. However, the result suggests that the Program be designed to be more specific to vehicle types to improve program performance.

• Journal of Korean Society of Transportation
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• v.25 no.6
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• pp.89-97
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• 2007

The car-dependent traffic system based on highly advanced industrialization and economic growth causes various urban problems including traffic jams, energy consumption, air pollution, noise, car accidents and other issues. Particularly in urban areas, air pollution from motor vehicles is worse than pollution from past industrialization. In this study, therefore, the authors grasped car exhaust reduction effects by using microsimulation and those traffic policies that could make cars flow smoothly, reducing the air pollution in urban areas through analysis on profitability. As a result, the weekday-based car using system has been found most effective as it does not need investment cost. However, this system may be socially unacceptable, as it requires the government to change driver behavior. Therefore, the government needs to first reach a consensus with the citizens regarding this system. This system will also be effective with other alternatives. As a follow-up study, the authors will research citizens' perceived impacts of car exhaust on air pollution through a study on preference and grasp the possibility of applying these study results to real traffic policies.

• Journal of the Korea Safety Management & Science
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• v.9 no.3
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• pp.63-71
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• 2007

Recently, many companies knock themselves out to reduce logistics costs. However, they have reached the limit on cost reducing by improving the manufacturing process. In addition, Customers are growing more and more particular about the quality. Also the firms, which provide foods & beverages manufacturer with vacant receptacles and bottles, make zealous efforts to save costs. They have tried to seek for the resolution by own investment and improving system, but they haven't found certainly substitutions. In this study, we analyze problems of the vacant receptacles manufacturers and present introduction of pool system by standardization of Packing Resource. This PPS(Packing resource Pool System) will enable to reduce logistics cost that is challenge for the receptacles & bottles manufacturers, be helpful reducing environmental disruption which are the pollution of alien substances, wasted paper sheets because the system cleans retrieved Packing resources and reuses them.

• International Journal of Fluid Machinery and Systems
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• v.6 no.2
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• pp.49-55
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• 2013

Water lubricated guide bearing was newly released and has been applied to actual hydro turbines with vertical shaft. As a result, they can have not only high bearing performance but environmental advantages in meeting the demand for reducing river pollution by oil leakage from oil lubricated guide bearing. The PTFE composite guide bearing was tested by experimental equipment operated under conditions similar to those of actual hydro turbines. Circumferential and axial tilting bearing segments help to improve the bearing performance and efficiency due to low friction loss in the bearing system. Furthermore, bearing cooling systems could be eliminated and maintenance periods could be extended, thus the initial investment and operating costs of the hydroelectric power plant are reduced.

• Journal of Korean Institute of Industrial Engineers
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• v.23 no.1
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• pp.115-127
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• 1997

A GDHS(Geothermal District Heating System) is a heating system supplying a group of districts with heat extracted from geothermal sources. The advantages of GDHS include saving fuel consumption as well as reducing air pollution. This paper presents a case study for the economic feasibility model and analysis of a GDHS with which central/individual heating systems are replaced. Configuring to a simplified GDHS which consisits of subsurface systems, surface systems, and transmission/distribution systems, we find out the properties of the system and the model parameters affecting the initial investment/operating costs in order to develop a classical economic feasibility model given geothermal temperature. Based on our model parameter space, we analyzed the geothermal development project of the Jejoo Island probabilistically given prior information such as the expected geothermal power, the demand size and the length of transmission/distribution pipes.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.42 no.5
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• pp.1-14
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• 2010

Bio-ethanol is a promising alternative energy source for reducing both consumption of crude oil and environmental pollution from renewable resources like lignocellulosic biomass such as wood, forest residuals, agricultural leftovers and urban wastes. Based on current technologies, the cost of ethanol production from lignocellulosic materials is relatively high, and the main challenges are the low yield and high cost of the hydrolysis process. Development of more efficient pretreatment technology (physical, chemical, physico-chemical, and biological pretreatment), integration of several microbiological conversions into fewer reactors, and increasing ethanol production capacity may decrease specific investment for ethanol producing plants. The purpose of pretreatment of lignocellulosic material is to improve the accessible surface area of cellulose for hydrolytic enzymes and enhance the conversion of cellulose to glucose and finally high yield ethanol production which is economic and environmental friendly.

• Environmental and Resource Economics Review
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• v.29 no.1
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• pp.23-45
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• 2020

The rapid economic growth has brought tremendous pressure on the environment and caused severe air pollution in China. This study empirically examines causes of air pollution in China. Panel-corrected standard errors procedure (PCSE) was used to analyze major determinants of increasing or reducing emissions of sulfur dioxide (SO₂) and nitrogen oxides (NO_X) in 30 Chinese provinces. The estimation results show that SO₂ emission is mitigated as per capita regional GDP increases, but the relation between emission of NO_X and per capita regional GDP is found to have an inverse N-shaped curve, which implies that emission of NO_X is ultimately expected to decline with economic growth. As for increasing factors of air pollutants, electricity consumption is a significant common source of SO₂ and NO_X emissions. Moreover, the results show that increment of coal consumption significantly affects emission of SO₂ while increase of natural gas consumption reduce emission of SO₂. On the other side, investment in energy industry, and investment on treatment of waste gases are determinants of mitigating emissions of SO₂, but have no impact on NO_X. Consumption of diesel, truck ratio and number of vehicles increase emission of NO_X. Meanwhile, higher precipitation rate is a common determinant of mitigating emissions of SO₂ and NO_X. Policy implications are suggested in the conclusion.

• Journal of Environmental Policy
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• v.9 no.4
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• pp.3-27
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• 2010

In this paper, we have analyzed the cost structure of the Korean manufacturing industry in relation to the central government's environmental investment(CGEI below) by applying translog variable cost function. Important findings are as follows. First, sufficiency degree of CGEI of 0.7230, less than optimal level of 1, causes production inefficiency. Therefore, central government should forward a strategy to raise CGEI to meet appropriate standards. In addition, inspite of the deficiency of CGEI, shadow priceis lower than market price due to q-value of 0.9572, yielding unfavorable conditions for CGEI. However, CGEI brings about increase in output, variable cost saving, and economies of scale of firms. Second, by comparing this study with an existing study(2010), we have discovered the following facts. In both studies, we find that there are deficiency of investment, unfavorable conditions in investment, economies of scale, and output increase due to investment. However, the current study has found that, CGEI, which shows efficiency by positive(+) shadow price, saves variable cost. Therefore, firms suffer from production inefficiency due to variable cost caused by a shortage of efficient CGEI. Moreover, the previous study conducted in 2010 found that investment in prevention of environmental pollution(IPEP below), which indicates inefficiency by negative(-) shadow price, cannot reduce variable cost. In such circumstances, firms yield abnormal production efficiency based on variable cost savings caused by inefficient IPEP. For this reason, firms should raise IPEP to optimal level to reduce IPEP inefficiency to achieve production efficiency by reducing variable cost.