• Title/Summary/Keyword: Alternative Economics

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A Study on the Effect of Carbon Tax using Second Generation Model for Korea (SGM_Korea 모형을 이용한 탄소세의 이산화탄소 배출저감 효과 분석)

  • Chung, Hyun-Sik;Lee, Sung-Wook
    • Environmental and Resource Economics Review
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    • v.16 no.1
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    • pp.129-169
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    • 2007
  • The purpose of this study is to experiment and simulate the newly-updated Second Generation Model for Korea (SGM-Korea). With the updated model, we tried to simulate effect of carbon tax on $CO_2$ emissions and other macroeconomic variables for Korea. The baseline data are compared with projected profiles by various scenarios to evaluate its performance. Our contribution in this study is to having up-graded the model from its earlier version by building new hybrid input-output table based on 2000 input-output and energy balanced tables. According to our estimation, total $CO_2$ emission in Korea has already increased in 2000 to about 1.86 times the 1990 figure. The level of carbon tax required for the current level of $CO_2$ emission to be reduced to the 1995 or 2000 level seems to be too high for Korean economy to bear. It is possible to find a reasonable level of carbon tax, however, if it can combine it with improvement of energy efficiency at the rate of 0.5% to 1% per year. For Korea to meet its obligation to reduce $CO_2$ emissions, therefore, it is imperative for her to improve energy efficiency as well as to develop alternative energy source reducing its dependence on fossil fuel.

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The Benefit-Cost analysis for Korea Lithium-ion Battery Waste Recycling project and promotion plans (국내 중대형 이차전지 재활용 사업의 경제성 분석 및 발전방안 연구)

  • Mo, Jung-Youn
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.9
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    • pp.326-332
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    • 2018
  • Korea faces major changes in energy policy, which include eco-friendly and zero-nuclear power. On the other hand, there are very few policies for the waste-management of mid- to large-sized lithium-ion batteries, such as electric car batteries and energy storage systems, which are expected to increase explosively due to such energy policy changes. Therefore, this study estimated the amount of mid- to large-sized lithium ion batteries waste and performed economics analysis of a middle and large sized secondary battery recycling project. Based on the results, a policy alternative for the revitalization of the related lithium-ion battery recycling industry is suggested. As a result, the B / C ratio of a domestic mid - to large - sized lithium ion battery recycling project is 1.06, in which the benefit is higher than the cost, so the business is economic feasible. Although the recycling project's economic efficiency is high, the recycling industry has not been activated in Korea because the domestic demand for rechargeable batteries recycling is very low. To solve this problem, this study proposes a plan to activate the industry by adding lithium secondary batteries to the EPR (Extended Producer Responsibility) items.

유기성 폐기물 간접부담금의 도입과 바이오가스 생산보조 정책의 일반균형효과 분석

  • Bae, Jeong-Hwan
    • Environmental and Resource Economics Review
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    • v.21 no.1
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    • pp.175-210
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    • 2012
  • As London and post-Koyto protocols presumably affect emission of organic waste in Korea in 2012, appropriate treatment of organic waste becomes very important. Organic wastes are regarded as non-point pollutants. It has been criticized that direct emission charges on the emission of non-point pollutants are not effective due to the high uncertainty in the relationship between pollution sources and pollution levels. This study suggests indirect emission charges on production of livestocks or consumption on foods. Furthermore, it is assumed that revenue from the emission charges will be recycled to support biogas production. Biogas can be fueled to produce energy. In order to evaluate potential economic and environmental impacts of recycling the indirect emission charges on organic wastes, a static CGE model was developed. Simulation results of emission charges on the production of livestock show that livestock, agriculture, and food industry will confront relatively high burden while emission charges on consumption of food will affect more broadly and consumers will suffer more. Production charge on livestock sector will lead to higher reduction in GDP and total expenditure relative to the consumption charge. GHGs reduction effect was higher for the consumption charge relative to the production charge. Synthetically, consumption charge on food sector is more desirable as an alternative charge for the emission of organic wastes.

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Is BTC Oil Pipeline Good or Bad for Azerbaijan Economy? (BTC 파이프라인이 아제르바이잔 경제에 미치는 영향 분석)

  • Hwang, Yun Seop;Kim, Soo Eun;Choi, Young Jun
    • Environmental and Resource Economics Review
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    • v.19 no.2
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    • pp.413-440
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    • 2010
  • Since 2000, as importance of sourcing energy emphasized caused by instability of international oil price, interests toward Caspian countries as an alternative markets has increased. Especially, Azerbaijan, as middle Asian emerging exporting country, has performed drastic economic boom because of massive amount of foreign capital flowed in and construction of BTC pipeline. However, despite this economic surge, there are unbalanced economy which is merely focusing on energy industry and pressure from increase in real exchange rate and inflation. In order to analyze the sustainability of Azerbaijan economy, the total sample time period of this paper is from January 2001 to December 2007 and the term is divided into before and after BTC line construction. Vector Error-Correction Model has been applied to analysis confirming short-term and long-term effect. As a result, Azerbaijan now face the symptoms of the recession during the time period and this is due to high oil price and increase in export influenced by BTC oil pipeline resulting in decrease in real interest rate. This conclusion is to affect competitiveness of manufacturing industry, base industry for economic proliferation, in a negative way.

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A study on the causes of the dislikes of elementary school students regarding Practical Arts classes (초등학교 실과수업 기피요인에 대한 연구)

  • Yu, Nan-Sook
    • Journal of Korean Home Economics Education Association
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    • v.24 no.2
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    • pp.1-15
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    • 2012
  • This study investigated the causes of the dislikes of Practical Arts education of elementary school students. This study was to provide the foundation for the proposition of alternative plans to make more students participate pleasantly and actively in Practical Arts classes. Data were collected via an open-ended survey from 273 elementary school students and through telephone interviews with five elementary school teachers. The data were analyzed inductively by NVivo. After the analysis of the student data, the analysis of the teacher data was conducted according to the variables from the student data. The results of this research were as follows: First, with regard to the causes of the students' dislikes of Practical Arts classes, extrinsic factors such as instruction management, instruction content, teaching facilities and equipment, and teacher characteristics were elicited. Intrinsic factors included complaints about failing to meet students' expectation from Practical Arts, negative perception of Practical Arts, the interest, competency, and fear of the students. Secondly, the students who learned Practical Arts from the Practical Arts specialty teachers gave more answers on instruction management, instruction content, and teacher characteristics than the students who learned Practical Arts from their homeroom teachers did. The students who learned Practical Arts from their homeroom teachers answered that they disliked Practical Arts because of lack of lab facilities and practice than their counterparts did. The analyses of teacher data provided the reasons and contexts of the dislikes of the students such as teaching facilities and equipment, and the anxiety of the students.

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A Study on the Climate Change and the Policy of Natural Gas Exploitation on the Arctic Region (기후변화와 북극 유·가스전 개발에 관한 연구)

  • Kim, Boyoung;Ryu, Siho;Park, Yonhe
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.787-813
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    • 2009
  • Because of global warming, the thawing of the Arctic ice cap is slowly accelerating. That is the hot issue nowadays. According to the each country's climate change policy, it is boom in the world to lessen the consuming of the fossil fuel those are oil, coal and natural gas. But on the contrary the thawing of the Arctic ice cap is the chance to make the natural gas producing unit cost lower. The purpose of this paper is to search the Arctic policy of each country under the contradictory relationship between promoting the climate change policy and exploiting the natural gas on the Arctic. Specially, there are huge natural gas reserves in Russia on the Arctic region, Russia's exploiting the natural gas on the Arctic will affect on the natural gas supply-demand balance of world natural gas market strongly in the future. Therefore it needs to prepare the future energy alternative policy for Korea's energy security. Russia has Yamal Peninsular where is abundant on natural gas reserver, and she can supply natural gas by LNG ship all over the world via the Arctic route. This means that the structure of world natural gas market be changed gradually. It will be possible in 2030~2040. And such a change is very important because new natural gas trading type can do it through not only overcoming the geological restriction but also shifting the main trading type from PNG(Pipeline Natural Gas) to LNG(Liquified Natural Gas). Therefore it is necessary that we should let this be a good lesson to ourselves through the government action of other countries (China, Japan) those also have no sovereignty over the Arctic as Korea.

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Economic Valuation of Urban Riverine Restoration and A Test of Social Desirability Bias (도심하천복원 경제가치 추정에서 사회규범편의 검정)

  • Choi, Andy S.;Sung, Chan Yong;Baek, Hyojin
    • Environmental and Resource Economics Review
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    • v.28 no.4
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    • pp.645-673
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    • 2019
  • The hypothetical nature of stated preferences can lead to a hypothetical bias that might work as a normative pressure, influencing survey responses. This paper aims to test the impact of social desirability bias by comparing economic estimates based on both subjective and objective valuation questions. The case study is about an urban riverine restoration project in Deajeon, South Korea. As valuation methods both contingent valuation and choice experiments were comparatively applied. Based on a nationally representative sample of 1,000 respondents, the test results offered contrasting conclusions between two test approaches. Accroding to the estimation results based on the conventional valuation, the marginal willingness to pay estimates are 10,500 KRW from CV; and 18,600 KRW for improving water quality, 2,200 KRW for the inside view, 8,900 KRW for the outside view, and 5,800 KRW for biodiversity from CE. A segmentation-based approach is a conventionally used method, which showed a limited impact of social desirability on willingness to pay estimates. The alternative parameterization-based approach measures a model-wide impact of social desirability, proving a significant bias. Although the study positioned a cheap-talk statement before the valuation section of the survey questionnaires, which might have pre-screened the bias, the overall implications of the results suggest a caution in reducing and observing hypothetical bias. There might remain a significant and substantial hypothetical bias even after cheap-talk, particularly in situations with strong social desirability, so that the potential role of objective valuation questions is guaranteed.

The Effect of Consumers' Factors of Food Choices on Replacing Soft Drinks with Carbonated Water (탄산음료와 탄산수의 대체관계에 영향을 미치는 식품선택요인 연구)

  • Park, Seoyoung;Lee, Dongmin;Jeong, Jaeseok;Moon, Junghoon
    • Korean Journal of Community Nutrition
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    • v.24 no.4
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    • pp.300-308
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    • 2019
  • Objectives: This research was conducted to identify the consumers' food choice factors that affect the consumers' replacement of soft drinks with carbonated water. Methods: The present study used secondary data from a consumer panel survey conducted by the Rural Development Administration of Korea, and the data included the panel members' purchase records based on their monthly spending receipts. The survey asked the participants about their food choice factors and their personal responsibility for their health. This survey included independent variables for the consumers' food purchase factors. As a dependent variable, two types of groups were defined. The replacement group included those people who increased their purchase of carbonated water and decreased their purchase of soft drinks. The non-replacement group included those people who did not change their purchase patterns or they increased their purchase of soft drinks and they decreased their purchase of carbonated water. Logistic regression analysis was conducted to determine the consumers' food choice factors that were associated with replacing soft drinks with carbonated water. Results: The replacement group was significantly associated with (1) a younger age (OR=0.953), (2) being a housewife (OR=2.03), (3) higher income (OR=1.001) and (4) less concern about price (OR=0.819) when purchasing food. This group also showed (5) higher enjoyment (OR=1.328) when choosing food and (6) they took greater responsibly for their personal health (OR=1.233). Conclusions: This research is the first study to mainly focus on soft drinks and carbonated water. The result of this research showed that young, health-conscious consumers with a higher income and who are more interested in food have more possibilities to replace soft drinks with carbonated water. These research findings may be applied to consumers who have characteristics that are similar to the young health-conscious consumers and the results can help to suggest ways to reduce sugar intake and improve public health. However, this research has a limitation due to the application of secondary data. Therefore, a future study is needed to develop detailed survey questions about food choice factors and to extend these factors to all beverages, including soft drinks made with sugar substitutes, so as to reflect the growth of alternative industries that use artificial sweeteners or different types of sugar to make commercially available drinks.

Methods of Regulating Migration Processes in EU Countries

  • Hamova, Oksana;Dergach, Anna;Pikulyk, Oksana;Zolotykh, Irina;Diachenko, Kateryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.3
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    • pp.257-265
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    • 2021
  • Modern methods of regulating migration processes in EU states include a wide variety of adapted, transformed under the sway of globalization tools in order to influence the movement of human capital within the European space. The main purpose of the regulatory policy on migration flows is the redistribution of professionally competent professionals between different spheres of life. Herewith, the determining factor in the effectiveness of such distribution is a rational combination of stimulating and disincentive levers of influence on the movement of citizens of different EU countries and taking into account the motives of such mobility. Modernization of migration management approaches can be a major economic, social, political and cultural progress of European countries. The purpose of the research is to conduct a detailed analysis of existing practices of migration flow management, in particular their stimulation or containment, and to outline key migration trends formed under the influence of multicomponent approaches to migration regulation, transformation of regulatory legislation and changing priorities of modern society. The research methods: statistical-analytical method; ARIS method; method of tabular, graphical and analytical modeling; comparative analysis; systematization, generalization. Results. Current pan-European methods of regulating migration processes are insufficiently adapted to the multinational socialeconomic space; consequently, there are some disparities in the distribution of migrants between EU countries, although the overall dynamics of migration is positive. Fluctuations in the population of European countries during 2000-2019 and trends in the transformation of social-economic space confirm the insufficient level of influence of current methods of regulating migration flows. Along with this, the presence of a characteristic asymmetry in the distribution of migrants requires a greater focus on the modernization of regulatory instruments, in particular, the regulatory mechanism for managing migration processes. As a result of the conducted study, further prospects for the implementation of alternative methods of regulating migration processes in EU states have been outlined; the current and projected limits for increasing the level of observance of migrants' rights at the European level have been clarified through the adoption of appropriate regulatory acts; effective solutions for intensifying the influx of high-quality labor resources from different countries to EU have been identified. The research results can be used to study methods of regulating migration processes in the countries in the global dimension.

Alternatives Development for Basin-wide Flood Mitigation Planning by Determining Economic Optimal Project Size (최적사업규모 결정을 통한 유역치수계획의 대안수립 방안)

  • Yi, Choong-Sung;Shim, Myung-Pil;Lee, Sang-Won
    • Journal of Korea Water Resources Association
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    • v.43 no.5
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    • pp.495-505
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    • 2010
  • The integrated basin-wide flood mitigation planning has a numerous individual proposals with different characteristics. So, it makes difficult to develop the optimal alternative that combines such elements. To develop the optimal alternative, it's necessary not only to assess the flood damage but also to define a tolerable degree of damage. Such a definition is made in a way, dubbed the 'social consensus' in a broad sense; but initially, it requires the analysis of the economic efficiency within a scope, which is technically achievable. This study aims to propose the alternatives development method so that the combination of the individual proposals could be economically efficient. To this end, this study defined the flood mitigation projects as the economic production activities carried out by inputs and outputs, and proposed the optimal project size as the principle of developing alternatives. This study may have the worth in improving the alternatives development method by considering the optimal project scale from the economic viewpoint while the existing method depending on engineering aspect. Such approach is expected to correspond to the current government's policy that avoids the passive flood mitigation focused on channel-wide planning but pursues the basin-wide flood mitigation planning focusing on damaged area, thereby provide efficient tools to come up with the solution.