• Title/Summary/Keyword: the estimation of policy

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Development of A Lot Quality Assurance and Inspection Cost Estimation System for Process-Centered Inspections (공정 중심의 검사 방식에 대한 로트 품질보증 및 검사비용 추정 시스템 개발)

  • Lee, Do-Kyung;Lee, Seung-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.29 no.1
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    • pp.34-40
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    • 2006
  • Many producers put sampling inspection policy into the way of their convenience. Examples of the convenience are irregular lot size and too small sample size. Because they don't use a standard sampling inspection policy, they can not guarantee the quality level of their products. In this study, we developed a user-centered design program which can calculate the AOQL of their products to their buyers in the case of irregular lot size and too small sample size. Also this program propose a linear inspection cost by Hald's model.

A Study on the Estimation of Optimal ESS Capacity Considering REC Weighting Scheme (REC 가중치를 고려한 최적 ESS 용량 산정에 관한 연구)

  • Lee, Sungwoo;Kim, Hyoungtae;Shin, Hansol;Kim, Tae Hyun;Kim, Wook
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.8
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    • pp.1009-1018
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    • 2018
  • As the generation of renewable energy increases rapidly, the stability of the grid due to its intermittency becomes a problem. The most appropriate way to solve this problem is to combine and operate the renewable generators with the ESS(Energy Storage System). However, since the revenues of operating the ESS are less than the investment cost, many countries are implementing various incentive policies for encouraging investment of the ESS. In this paper we estimated optimal capacity of the ESS to maximize profits of renewable energy generation businesses under the incentive policy of Korea and analyzed the impact of the incentive policy on the future electric power system of Jeju island. The simulation results show that the incentive policy has significantly improved the profitability of the renewable energy businesses generation business. But the volatility of the net demand has increased as the energy stored in the ESS is discharged intensively at the time of the incentive application.

Analysis on the Trade-off between an Hydro-power Project and Other Alternatives in Myanmar

  • Aye, Nyein Nyein;Fujiwara, Takao
    • Asian Journal of Innovation and Policy
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    • v.8 no.1
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    • pp.31-57
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    • 2019
  • Myanmar's current power situation remains severely constrained despite being richly endowed in primary energy sources. With low levels of electrification, the demand for power is not adequately met. Cooperation in energy has been a major focus of future initiative for all developed and developing nations. If we want to solve climate change, and change our energy infrastructure, we need to be innovative and entrepreneurial in energy generation. This paper will help us in examining Bayesian MCMC Analysis for the parameters estimation among the arrival rates of disaster occurrences, firm's expected income-based electricity tariffs, and estimated R&D investment expenses in new energy industry. Focusing on Japan's electric power business, we would like to search the potential for innovative initiatives in new technological energy industry for the regional development and ecological sustainability in Myanmar.

An Analysis on the Determinants and Equity of the Postpartum Care Service Utilization (출산여성의 산후관리서비스 이용 결정요인과 형평성 분석)

  • Sakong, Jin;Park, Dahye
    • Health Policy and Management
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    • v.27 no.4
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    • pp.304-314
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    • 2017
  • Background: This study aimed to analyze effects of postpartum care services to women after birth, identify the factors affecting their use, and examine the extent of income-related inequality in the postpartum care services utilization and expenditures using Korean Health Panel data between 2010 and 2013. Methods: The panel data of the year 2010-2013 of the 247 women after birth were used. First, EuroQoL-5D was used to evaluate the effects of postpartum care service to women's quality of life. Second, multinominal logistic regression analysis was used to identify determinants of the use of the postpartum care services. Finally, concentration index and HIwv (horizontal equity) index were used to find that the concentration index for the inequality in the use of postpartum care services showed negative sign, which implied pro-rich. Results: The estimation results showed that utilization of the postpartum services has a positive effect on women after birth. Also age, area of residence, and number of household members turn out to be the factors of using postpartum services. And there are inequality in the use of postpartum care services whose HIwv index showed positive sign, which implied pro-rich. Conclusion: Therefore, the government's policy of the postpartum care service is necessary to be expanded and diversified considering the personal characteristics and equity of the women after birth.

Impact of Foreign Direct Investment on Power Sector: An Empirical Study with Refrence to India

  • Maran, K.;Anitha, R.
    • East Asian Journal of Business Economics (EAJBE)
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    • v.3 no.1
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    • pp.8-16
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    • 2015
  • In the later quarter of the twentieth century, the need for foreign capital is realized among the various countries of the world. Developing countries especially developed multi-pronged strategies to attract foreign capital into the country. One such strategy is the adoption of liberalization policy. Almost all the developing countries started opening their economy, out of the compulsion, to achieve faster rate of economic growth and development. Even a communist country like China adopted liberalization policy as a strategy for accelerated economic growth during 1979. India also joined the race by 1991, when the government announced the policy of liberalization. The importance of FDI extends beyond the financial capital that flows into the country. The huge size of the market in this sector and high returns on investment are two important factors in boosting FDI inflows to power sector. 100 percent FDI is allowed under automatic route in almost all the sub sectors of power sector except the atomic energy. Major foreign investment is made in this sector during 2000 to 2009 is Mauritius with an investment of US$ 4490.96 i.e., 4.24 percent of the total FDI inflows into the country during the period. The estimation of future FDI flow shows a marginal decline in the year 2010. Then from 2011 to 2015 onwards upward trend of FDI was observed.

The Effectiveness of Tax Incentive Policy on R&D Expenditures (기술개발지원 조세제도의 효과와 정책 시사점)

  • 송종국
    • Journal of Technology Innovation
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    • v.5 no.1
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    • pp.181-205
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    • 1997
  • There has been considerable controversy over the impacts of the tax credit on R&D expenditures in many countries. Korea has adopted various kinds of tax credit system to stimulate private firm' R&D expenditures. Korean government, Recently, is trying to reform tax system to reduce tax credit programmes according to Uruguay Round agreement and in line with OECD policy standards. The purpose of this paper is to analyze the effectiveness of current tax credit system on technology innovation in Korea and derive some policy implications over tax reform. In this paper, firstly, I investigate the size of tax reduction effects from each program in theoretical models and simulate the actual rate of individual tax incentive to a unit of R&D expenditure. I find that theoretically the reserve fund for technology development program has given the largest tax reduction effects to private firms irrespective of the R&D incentive system reform. Tax credit on R&D expenditure also has been very effective instrument to firm's tax reduction. Secondly, I try to measure the effectiveness of tax credit through the estimation of effective margianl tax rate between with the system and without the system of credit on R&D expenditure during the tax credit reform periods. I find that the tax credit on R&D has lowered firm's investment cost since the system introduced. I also have strong results that there has been a positive relation between the fluctuation of firm's R&D expenditure and the change of effective marginal tax rate. I suggest that it is better to sustain the system of tax credit on R&D for a while to increase firm's R&D expenditure.

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Determinants of Healthy Living Practice: County Approach (지역별 건강생활 실천율의 영향요인: 시군구 단위 접근)

  • Jeong, Cho Rok;Kim, Ji Man;Park, Chong Yon;Shin, Euichul;Tchoe, Byongho
    • Health Policy and Management
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    • v.30 no.3
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    • pp.376-385
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    • 2020
  • Background: The purpose of this study is to investigate the factors affecting the healthy living practice rate such as non-smoking, moderate drinking, walking, and low-salt diet by elementary municipality (so called, 'si-gun-hu'). Methods: The 2016 Korean Community Health Survey was used for the analysis. The theoretical model is founded upon the Anderson model, and both the multiple linear regression analysis and the beta regression analysis was performed for estimation. Results: As a result of the beta regression analysis, healthy living practice rate was found to be significantly higher in the areas with a less number of cigarette retailers, participating in healthy city projects, a low proportion of people who perceive their body type as obesity, a higher proportion of women, and a lower proportion of spouses. Conclusion: In order to improve healthy living practices, the regulations on health risk businesses, the spread of Healthy City project, and policy efforts awaring obesity are recommended.

Development of Nonpoint Sources Runoff Load Estimation Model Equations for the Vineyard Area (포도밭에 대한 비점오염물질 유출량 추정 모델식 개발)

  • Yoon, Young-Sam;Kwon, Hun-Gak;Yi, Youn-Jung;Yu, Jay-Jung;Lee, Jae-Kwan
    • Journal of Environmental Science International
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    • v.19 no.7
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    • pp.907-915
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    • 2010
  • Agriculture nonpoint pollution source is a significant contributor to water quality degradation. To establish effective water quality control policy, environpolitics establishment person must be able to estimate nonpoint source loads to lakes and streams. To meet this need for orchard area, we investigated a real rainfall runoff phenomena about it. We developed nonpoint source runoff estimation models for vineyard area that has lots of fertilizer, compost specially between agricultural areas. Data used in nonpoint source estimation model gained from real measuring runoff loads and it surveyed for two years(2008-2009 year) about vineyard. Nonpoint source runoff loads estimation models were composed of using independent variables(rainfall, storm duration time(SDT), antecedent dry weather period(ADWP), total runoff depth(TRD), average storm intensity(ASI), average runoff intensity(ARI)). Rainfall, total runoff depth and average runoff intensity among six independent variables were specially high related to nonpoint source runoff loads such as BOD, COD, TN, TP, TOC and SS. The best regression model to predict nonpoint source runoff load was Model 6 and regression factor of all water quality items except for was $R^2=0.85$.

Critical Review of health care economic evaluation methodology : With a special reference to study design and cost estimation (보건의료 경제성 평가 방법론 고찰 -연구 설계와 비용 추정을 중심으로-)

  • ;Brouwer WBF
    • Health Policy and Management
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    • v.14 no.2
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    • pp.58-77
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    • 2004
  • Cost containment has become high political issues since financial crisis of the Korean Health Insurance fund in 2000. Korean Government has developed and implemented several measures to reduce the pharmaceutical expenditures. Pharmaceutical economic evaluation can be a tool in decision to allocate scare resource efficiently. In order to increase the quality of economic evaluation for pharmaceuticals, the Korean Health Insurance Review Agency(HIRA) is considering the development of a guideline for economic evaluation. It mandates that pharmaceutical companies could submit the result of an economic evaluation when demanding reimbursement of new pharmaceutical drugs. The purpose of this study is to provide a critical review of the economic evaluations of health care technologies published in the Korean context whether they have been performed according to current guidelines and therefore whether their results are directly useful for decision making. We found there exist important problems and deviation from, good practice' both in the general features of the studies, like the study design and perspective, and in terms of cost measurement and valuation. There are needs to develop clear guidelines and to educate and train researchers in performing economic evaluations.

Copyright Royalty Regulation and Competition in the Music Retail Market

  • YANG, YONG HYEON
    • KDI Journal of Economic Policy
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    • v.39 no.1
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    • pp.83-102
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    • 2017
  • Price control can restore efficiency in some cases, but an uncarefully designed policy fails to restore efficiency, yields side effects, or even exacerbates efficiency losses. This paper shows that the copyright royalty rule, which takes the greater of ad valorem royalties and perunit royalties, tends to fix the prices of final goods at a specific level. Such a rule weakens competition as it prevents prices from decreasing even when market conditions change, having negative effects on social welfare as well as consumer surplus. Counterfactual analyses using estimation results in the Korean online music service industry show that firms could have profitably reduced prices if the ad valorem rule had been applied instead, although they did not have an incentive to do so under the original combination rule.