• Title/Summary/Keyword: sustainable aggregate supply

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Study on the Strategy for Managing Aggregate Supply and Demand in Gyeongsangbuk-do, South Korea (경상북도 골재수요-공급 관리 전략 연구)

  • Jin-Young Lee;Sei Sun Hong;Chul Seoung Baek
    • Economic and Environmental Geology
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    • v.57 no.2
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    • pp.161-175
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    • 2024
  • Aggregate typically refers to sand and gravel formed by the transportation of rocks in rivers or artificially crushed, constituting a core resource in the construction industry. Gyeongsangbuk-do, the largest administrative area in South Korea, produces various sources of gravel, including forest, land (excluding other sources), river, and crushed stone. As of 2022, it has extracted approximately 6.96 million cubic meters of aggregate, with permitted production totaling around 4.07 million cubic meters and reported production of about 2.88 million cubic meters. The aggregate demand in Gyeongsangbuk-do is estimated to be 12.39 million cubic meters according to the estimation method in Ready-Mix Concrete. From the supply perspective, about 120 extraction sites are operational, with most municipalities maintaining an appropriate balance between aggregate demand and supply. However, in some areas, there is inbound and outbound transportation of aggregate to neighboring regions. Regions with significant inbound and outbound aggregate transportation in Gyeongsangbuk-do are areas connected to Daegu Metropolitan City and Pohang City along the Gyeongbu rail line, showing a high correlation with population distribution. Gyeongsangbuk-do faces challenges such as population decline, aging rural areas, and insufficient balanced regional development. Analysis using GIS reveals these trends in gravel demand and supply. Currently in this study, Gyeongsangbuk-do meets its demand for aggregate through the supply of various aggregate sources, maintaining stable aggregate procurement. River and terrestrial aggregates may be sustained as short-term supply strategies due to the difficulty of longterm development. Considering the reliance on raw material supply for selective crushing, it suggests the need for raw material management to maintain stability. Gyeongsangbuk-do highlights quarries in the forest as an important resource for sustainable aggregate supply, advocating for the development of large-scale aggregate quarries as a long-term alternative. These research findings are expected to provide valuable insights for formulating strategies for sustainable management and stable utilization of aggregate resources.

Is Currency Depreciation or More Government Debt Expansionary? The Case of Malaysia

  • Hsing, Yu
    • Asian Journal of Business Environment
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    • v.7 no.4
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    • pp.5-9
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    • 2017
  • Purpose - Many countries rely on currency depreciation or debt-financed government spending to stimulate their economies. Currency depreciation tends to increase net exports and aggregate demand but reduce short-run aggregate supply due to higher import costs. Debt-financed government spending increases aggregate demand, but the crowding-out effect due to a higher real interest rate may reduce private spending and aggregate demand. Therefore, the net impact of currency depreciation or debt-financed government spending on equilibrium real GDP is unclear. Research design, data, and methodology - This paper examines potential impacts of real depreciation of the ringgit, more government debt as a percent of GDP and other relevant macroeconomic variables on aggregate output in Malaysia. Results - Applying the AD/AS model, this paper finds that aggregate output in Malaysia is positively associated with real appreciation during 2005.Q3-2010.Q3, real depreciation during 2010.Q4-2016.Q1, the debt-to-GDP ratio and the real stock price, negatively affected by the real lending rate and inflation expectations, and is not influenced by the real oil price. Conclusions - Real depreciation of the ringgit after 2010. Q3 or sustainable expansionary fiscal policy would be beneficial to the economy.

Analysis of Domestic Aggregate Production of Korea in 2019 (II) - by Local Governments (2019년도 국내 골재 수급 분석 (II) - 시군구단위 분석 -)

  • Hong, Sei Sun;Lee, Jin Young
    • Economic and Environmental Geology
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    • v.54 no.4
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    • pp.427-439
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    • 2021
  • On the base of the aggregate extraction statistics, this study tried to analyse the demand and supply of aggregate resources of each local government and provide directions for the stable and sustainable supply and demand of aggregate resources in the future. In 2019, aggregates were produced in 148 cities, about 65% of the 229 cities of Korea, but in 7 metropolitan cities with 74 local governments, only 19 cities developed the aggregate. It means that aggregate extraction is taking place in almost all regions in Korea. Sand and gravel were produced in 110 districts and 132 districts, respectively. By aggregate source, river aggregates were extracted in 4 local governments, land aggregates in 42 local governments, forest aggregates in 75 local governments, crushed aggregates in 105 local governments, and washing aggregates in 15 local governments. In other words, 81 district in Korea have not extracted land-based aggregate at all. 71 local governments produced only one type of aggregate, and 55 local governments developed two types of aggregate, and 22 local governments developed more that three types of aggregate. In 2019, the leading producing local government were, in descending order of volume, Ulju-gun, followed by Hwaseong-si, Cheongju-si, Pocheon-si, Paju-si, Yongin-si, Gimhae-si, Gwangju-si in Gyeonggi-do. 41 local governments have developed aggregates of more than 1 million m3, and the combined production of the 41 cities accounted for about 70% of national total. This shows that the aggregate extraction trend of local governments is becoming larger and more concentrated.

Sustainable Development Plan for Domestic Forest Aggregate Development according to Transport Distance (운반거리에 따른 국내 산림골재 개발의 지속 개발 방안)

  • Lee, Dong-Kil;Lee, Jin-Young
    • Economic and Environmental Geology
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    • v.54 no.5
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    • pp.495-503
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    • 2021
  • Aggregate is a major natural resource used in SOC construction, such as housing, roads, ports, etc., and is a fundamental material for national construction. Although aggregates account for only about 4% of the construction cost, aggregates occupy about 80% of the construction volume and are essential factors that determine the quantity and quality of buildings. For river, underwater, riverbed, sea, and land aggregates, it is difficult to rapidly increase the production of aggregates when there is difficulty in supply and demand due to environmental problems and limited resources during production, whereas forest aggregates are relatively easy to increase production. Forest aggregates are considered promising as alternative aggregate resources in the future when reducing other aggregates due to their abundance of natural resources, and are an effective aggregate source that can flexibly respond to aggregate demand in accordance with well-organized plans and policies. This study proposed the plan for activating the development of forest aggregates in the case of long and short transport distances, which is a factor that has a great influence on the development, and measures for the current difficulties in forest aggregate development

The Effects of Steel-Fiber Reinforcement on High Strength Concrete Replaced with Recycled Coarse Aggregates More Than 60% (순환굵은골재 60% 이상 사용한 고강도 콘크리트에 대한 강섬유 보강 효과)

  • Kim, Yoon-Il
    • Journal of the Korean Recycled Construction Resources Institute
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    • v.4 no.4
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    • pp.404-417
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    • 2016
  • The purpose of this study is to examine the extent to which the deterioration in strength of high strength concrete of 60MPa replaced by a large amount of recycled coarse aggregates (more than 60% to 100% of replacement ratio) could be recovered with steel fiber reinforcement through material compressive strength test and shear failure test on short and middle beams and then to offer useful data for aggregate supply system of a sustainable resource circulation type. This study first examined the results of previous related tests. The results of the material compressive strength tests confirmed that when using a combination of steel fiber reinforcements of volumn ratio 0.75% and high quality recycled coarse aggregates with an water absorption rate within 2.0%, the strength characteristics of high strength concrete of 60MPa level were not only restored to the strength level of concrete made with natural aggregates, but also showed superior ductility. And the shear failure tests on short and middle beams using recycled coarse aggregates more than 60% with shear span to depth ratio (a/d) of 2 and 4 controlled by shear forces mainly confirmed that effects of superior shear strength increase and ductile behavior characteristics were showed by steel fiber reinforcements.