• Title/Summary/Keyword: Annual Budget

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Carbon Dioxide Budget in Phragmites communis Stands

  • Ihm, Hyun-Bin;Ihm, Byung-Sun;Lee, Jeom-Sook;Kim, Jong-Wook;Kim, Ha-Song
    • The Korean Journal of Ecology
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    • v.24 no.6
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    • pp.335-339
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    • 2001
  • The dynamic model was developed to simulate the photosynthetic rate of Phragmites communis stands in coastal ecosystem. The model was composed of the compartments of both climatic and biological variables. The former were photosynthetic photon flux density(PPFD), daily maximum- and minimum-temperature. The latter were combinations of the specific physiological responses of plant organs with the biomass of each organs. The PPFD and air temperature were calculated and using those values, gas exchange rate of each plant organ was calculated at every hour. The carbon budget was constructed using the modelled predictions. Analysis of annual productivity and fluxes showed that yearly gross population productivity, yearly population respiration and yearly net population productivity were 33.4, 21.3 and 12.1 $CO_2ton{\cdot}ha^{-2}{\cdot}yr^{-1}$, respectively. The final result was tested over two stands, produced promising predictions with regards to the levels of production attained. The model can be used to determine production potential under given climatic conditions and could even be applied to plant canopies with analogous biological characteristics.

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Seasonal Variation of the Surface Heat Budget in the Gumi Reservoir of Nakdong River (낙동강 구미 보의 수면 열수지 계절 변화)

  • Kim, Hak-Yun;Seo, Kwang-Su;Cho, Chang-Bum;Kim, Hae-Dong
    • Journal of Environmental Science International
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    • v.25 no.8
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    • pp.1057-1063
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    • 2016
  • The heat budget is investigated in the Gumi Reservoir of the Nakdong river. In warm climate season, solar radiation effects play a important role in the change of water temperature. The features of the surface heat balance are almost derived by the latent heat flux and the solar radiation flux. On the other hand, in cold climate season, change of heat stored in the water is mainly dominated by latent and sensible heat transfer between water and air, since flux of solar radiation and loss of outgoing long wave radiation balance approximately. For the annual averages, net flux of radiation, evaporation(latent heat) loss are dominant in the Gumi reservoir. The evaporation losses are dominant from spring to early winter. This means that the Gumi reservoir rolls like a lake of thermal medium or deep depth.

A Real Options Approach to Testing the Validity of Contribution to the Budget of the United States Forces Korea (실물옵션에 기반한 한·미국방예산 분담금 적정성 검정)

  • Jeong, Weon Yeol;Chae, Won Young;Choi, Moon Sub
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.3
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    • pp.287-295
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    • 2015
  • Due to the latest agreement between the military authorities of the Republic of Korea (ROK) and the United States (US) of America, Korea's annual contribution to the budget of the United States Forces Korea (USFK) rose as high as close to 1 trillion won. This seemingly prohibitive amount has led to the questioning of military critics regarding determination criteria, wholesomeness of cost, alignment of incentives, and implementational transparency, etc. As these sources of mistrust can potentially undermine the congruence of alliance, we attempt to devise a scientific means to test the validity of Korea's budget contribution. Specifically, we use the real options approach (ROA) to estimating the interval of the fair prices of maintaining the USFK. We consider the USFK as an insurance against foreign incursions, and this enables us to assume their role as a put option. Upon a hypothetical war breakout, the daily cumulative size of the Korean economy is estimated by implementing the simulated loss ratios of assets and population. As a result, the strategic value (put premium) of the USFK is exponentially higher the sooner the US forces are augmented following an intrusion. Also, Korea's payments toward the USFK in 2011 and 2012 appear theoretically fairly valued.

Multiobjective R&D Investment Planning under Uncertainty (불확실한 상황하에서의 다복적 R & D 투자계획수립에 관한 연구-최적화 기법과 계층화 분석과정의 통합접 접근방안을 중심으로-)

  • 이영찬;민재형
    • Journal of the Korean Operations Research and Management Science Society
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    • v.20 no.2
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    • pp.39-60
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    • 1995
  • In this paper, an integration of stochastic dynamic programming (SDP), integer goal programming (IGP) and analytic hierarchy process (AHP) is proposed to handle multiobjective-multicriteria sequential decision making problems under uncertainty inherent in R & D investment planning. SDP has its capability to handle problems which are sequential and stochastic. In the SDP model, the probabilities of the funding levels in any time period are generated using a subjective model which employs functional relationships among interrelated parameters, scenarios of future budget availability and subjective inputs elicited from a group of decision makers. The SDP model primarily yields an optimal investment planning policy considering the possibility that actual funding received may be less than anticipated one and thus the projects being selected under the anticipated budget would be interrupted. IGP is used to handle the multiobjective issues such as tradoff between economic benefit and technology accumulation level. Other managerial concerns related to the determination of the optimal project portifolio within each stage of the SDP model. including project selection, project scheduling and annual budget allocation are also determined by the IGP. AHP is proposed for generating scenario-based transformation probabilities under budgetary uncertainty and for quantifying the environmental risk to be considered.

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Rent-seeking for Budgetary Allocations in Korean Fisheries (수산예산의 배분변화에 관한 분석- 지대추구이론을 중심으로 -)

  • SHIN, Yong-Min
    • Journal of Fisheries and Marine Sciences Education
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    • v.17 no.2
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    • pp.180-192
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    • 2005
  • In this paper I tried quantitative measures of the rent-seeking for budgetary allocations in Korean fisheries. There is a great deal of ignorance about the level of rent-seeking that takes place as a consequence of government expenditures and the potential for influencing their allocation, and so the attempt by Kats and Rosenberg(1989) to measure this in terms of the extent of annual changes in these allocations was a significant step forward. The opportunity to concentrate net public expenditure benefits within the fiscal function of the state gives rise to rent-seeking by special interest taxpayer-citizens through government budget allocations, special interest groups and coalitions of special interest groups. There are several important implications of budgetary rent-seeking. Budgetary rent-seeking is composed of 'income' and substitution effects, the budgetary 'income' effect is the general increase in government expenditures from one period to another. According to result of this analysis, average expenditures were 17.0% of total fisheries budget in 1966-2005. Therefore, distribution of fisheries budget should be converted by indirect support systems to reduce these rent-seeking behaviors.

Local Education Welfare Financial Analysis - Focused on Busan Metropolitan City Office of Education Special Account (지방교육 복지재정의 실태 분석 연구 -부산광역시교육청 교육비특별회계를 중심으로-)

  • Lee, Young-Nae;Joo, Chul-An
    • Journal of Fisheries and Marine Sciences Education
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    • v.26 no.6
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    • pp.1245-1260
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    • 2014
  • This paper is to analyze the size of Busan Metropolitan City Office of Education Special Account and Educational finance Changes based on the welfare types from 2009 to 2013. It also identifies the impact on welfare finance education programs that target low-income students. The size of Education welfare finance was increased to 355.3 billions (2013) from 90.9 billions (2009), with the last 5 years average annual growth rate as high as 41.9%. But there has been relative decrease in the size of selective welfare budget for low income students such as tuition assistance & IT support to low-income and vulnerable groups, rural schools support to improve facilities, education welfare priority program. The finding suggests that the size of selective welfare budget should not be decreased due to universal education welfare policy. If it is to expand the universal education welfare, then there should be redesigning of local educational finance and further revenue for local education finance to keep the budget for the education welfare target groups.

A Model for Predicting the Effect of Increasing Air Temperature on the Net Photosynthetic Rate of Quercus mongolica Stands

  • Ihm, Byung-Sun;Lee, Jeom-Sook;Kim, Jong-Wook;Kim, Joon-Ho
    • Journal of Ecology and Environment
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    • v.30 no.1
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    • pp.1-7
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    • 2007
  • A model was developed to predict the effects of rising air temperature on net photosynthetic rate of Quercus mongolica stands at Mt. Paekcheok-san, Kangwon-do in South Korea. The PFD (Photon flux density) and air temperature were determined from weather data from the research site and the Daegwallyeong meteorological station and gas exchange or release responses of each tree component were measured. Using these data, we simulated the effects of increases in mean annual air temperatures above current conditions on annual $CO_2$ budget of Q. mongolica stands. If mean annual air temperature is increased by 0.5, 1.0, 1.5, 2.0, 2.5 or $3.0^{\circ}C$, annual net photosynthetic rate will be increased by 8.8, 12.8, 14.5, 12.6, 9.2 and 1.0 ton $CO_2\;ha^{-1}yr^{-1}$ respectively. Simulations indicate that changes in air temperature will have a major impact on gas exchange and release in Q. mongolica stands, resulting in a net increase in the rate of carbon fixation by standing crops.

A Model for Carbon Dioxide Exchanges of Pinus densiflora Population (소나무 개체군의 이산화탄소 교환 모델)

  • Suh, kyeHong
    • The Korean Journal of Ecology
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    • v.19 no.1
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    • pp.9-19
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    • 1996
  • The model PINUSCO2 hased of physiology was creted to simulate carbon dioxide budget in a population of red pine(pinus densiflora) which is one of the dominant species in Korea. Driving forces of PINUSCO2 are global radiation, maximum and minimum air temperatures. State variables fo the model are standing crops of leaf, branch, trunk and root of the red pine population. PINUSCO2 calculates net photosynthesis of canopy and respiration of each organ with 1 hour time step. PINUSCO2 estimated the annual gross productivity, respiration and net productivity of the red pine population as 43.99, 24.55, and 19.44 ton CO2·ha-1·yr-1, respectively, at the study sity(35°58′00"N, 128°25′35"E). PINUSCO2 showed that the red pine population grew mainly in spring and fall, and that in summer daily net population productivity frequently became negative.

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Relationship between IS Performance and Goal: An Empirical Study

  • Yoo, Ji-Seok;Jung, Ho-Won
    • 한국IT서비스학회:학술대회논문집
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    • 2007.11a
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    • pp.479-484
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    • 2007
  • Annual IT budget of major companies in South Korea is 44.7 billion Korean Won on average in 2007. A survey shows that among these companies, 58% of them had decided to increase the budget compared to that in previous year. In this study, we investigate relationship between IS investment goal and IS performance with moderating effect of process for IS infrastructure maintenance. For this purpose, we used a set of data with 271 responses gathered from manufacturing industry in 2006. Our results show that the relationship exists but varies across the task characteristics and there's no moderating effect. This finding implies that practitioners should be aware of that different goals need to be established based on task characteristics and more effort to harmonize the process with task activities is required to them.

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The Seasonal Variation of the Heat Budget in Deukryang Bay (득량만의 열수지 계절 변동)

  • 주용환;조규대
    • Journal of Environmental Science International
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    • v.7 no.1
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    • pp.67-73
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    • 1998
  • Surface heat budget of the Deukryang Bay from July 1, 1992 to September 12, 1993 is analyzed by us- ing the meteorological data (by Changhung Observatory and Mokpo Meteorological Station) and oceanogaphical data (by Research Center for Ocean Industrial Development. Pukyong National University). Each flux element at the sea surface which has annual variation Is derived with application of an aerodynamical bulk method and empirical formulae. The solar radiation Is the maximum In spring and sensible heat are the maximum in autumn and water. and minimum in summer The heat .storage rate is calclilated by using the rate of water temperature variation according to the depth. The oceanic transport heat is estimated as a residual. The net heat flux, the heat storage rate are positive In spring and summer, while they are negative in autumn and winter. The oceanic transport heat Is convergence In winter and divergence In the rest of seasons.

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