• Title/Summary/Keyword: Benefit-Cost analysis

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Innovation Management in the Australian Government: Cost and Benefit of R&D Tax Concession Program

  • Moon, Yong-Eun;Yoon, Joseph
    • 한국디지털정책학회:학술대회논문집
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    • 2004.05a
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    • pp.95-118
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    • 2004
  • In industrialised countries, innovation is a key source of economic growth. Research is a key driver of technological innovation and involves the process of systematic investigation and/or experimentation to discover new knowledge. The Governments' industry innovation policy supports a business focus on Research and Development (R&D) through a range of programs in order to achieve these aims. The Innovation Statement (DISR 2000, 20010, launched by the Australian Prime Minister?in January 2001, commits an additional $3 billion over five years to encourage and support innovation. The Australian Government aims to?build world competitive firms and strong research capability in industry to strengthen Australia's international competitiveness and increase national prosperity.?It develops policies and programs to enhance investment in innovation. The Australian Government has established a number of R&D funding support programs aimed at increasing the level of R&D in Australia. The backbone of these programs is the tax concession program, which is made up of the 125 per cent R&D tax concession, the 175 per cent premium tax concession and the tax offset. Over 4000 businesses take advantage of the tax concession scheme, which costs the government around $400?million a year. This cost is expected to rise to over half a billion by 2005-06 (Commonwealth of Australia, 2003). Ensuring these resources are invested where they provide significant national economic benefits is a major policy issue. In this sense, this paper looks at the appropriateness, effectiveness and efficiency of the R&D tax concession with costs and benefits analysis.

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Recovery of ammonia from wastewater by liquid-liquid membrane contactor: A review

  • Jang, Yoonmi;Lee, Wooram;Park, Jaebeom;Choi, Yongju
    • Membrane and Water Treatment
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    • v.13 no.3
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    • pp.147-166
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    • 2022
  • Liquid-liquid membrane contactor (LLMC), a device that exchanges dissolved gas molecules between the two sides of a hydrophobic membrane through membrane pores, can be employed to extract ammoniacal nitrogen from a feed solution, which is transported across the membrane and accumulated in a stripping solution. This LLMC process offers the promise of improving the sustainability of the global nitrogen cycle by cost-effectively recovering ammonia from wastewater. Despite recent technological advances in LLMC processes, a comprehensive review of their feasibility for ammonia recovery is rarely found in the literature. Our paper aims to close this knowledge gap, and in addition to analyze the challenges and provide potential solutions for improvement. We begin with discussions on the operational principles of the LLMC process for ammonia recovery and membrane types and membrane configurations commonly used in the process. We then assess the performance of the process by reviewing publications that demonstrate its practical application. Challenges involved in the implementation of the LLMC process, such as membrane fouling, membrane wetting, and chemical requirements, are presented, along with discussions on potential strategies to address each. These strategies, including membrane modification, hybrid process design, and process optimization based on cost-benefit analysis, guide the reader to identify key areas of future research and development.

Economic analysis of irrigation facilities for securing water for field crops

  • Hyung Jin Shin;Jae Young Lee;Jae Nam Lee;Han Na Lee;Sang Hyeon Park;Bum Soo Shin;Sang Sun Cha;Se Myung Kwon;Jung Il Seo;Chan Gi Park
    • Korean Journal of Agricultural Science
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    • v.50 no.4
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    • pp.785-798
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    • 2023
  • Considering irrigation facilities are currently insufficient and drought vulnerability due to climate change is high, efficient measures are required to secure water supply for field crops. This study, therefore, calculated the water shortage to secure water for representative field crops. An economic analysis was further conducted by comparing the production income to the input cost for each method. Here, five distinct regions were selected to represent each crop-Cheongyang-gun for chili peppers, Yesan-gun for apples, Dangjin-si for cabbages, Seosan-si for garlic, and Goesan for beans. The regions with insufficient water supply were estimated by calculating the water requirements and the supplied water from public groundwater wells for each area. A comprehensive set of four scenarios was presented as a strategy to ensure water security and manage irrigation facilities. These scenarios comprised the maintenance of existing groundwater wells, the construction of new water storage tanks, the installation of additional groundwater wells, and the utilization of surface water. B/C (benefit/cost) analysis was conducted for each scenario. As a result, the construction of water storage tanks was selected as a facility and water management plan in Cheongyang-gun, Dangjin-si, and Seosan-si. The analysis additionally indicated the economic viability of installing surface water utilization facilities in Yesan-gun and developing water storage tanks and groundwater (aquifer) wells in Goesan-gun. The results of this study are considered to serve as foundation data that may be utilized in the selection of water management plans for drought-prone areas in the future.

Economic Analysis on the Small & Medium Business Public e-Procurement Information System Project (중소기업 공공구매 판로지원 종합정보시스템 구축사업의 경제성 분석)

  • Jeong, Hoon;Ahn, Jaekyoung
    • Journal of Information Technology Services
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    • v.17 no.2
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    • pp.69-81
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    • 2018
  • This study performed an economic analysis and tested the viability of a public computerization project to create a comprehensive information system for public e-procurement for small and medium-sized businesses (SMBs). The study found that the estimated costs of the project included 4.3 billion won to build the system and 710 million won per year to maintain the system once it is built. The project's estimated total benefits amounted to 6.66 billion won per year, including 5.871 billion won per year in increased convenience for SMBs that use the system, 406 million won per year in benefits for public institutions, and 383 million won per year in benefits for the institution "A" to adopt the system. We used the contingent valuation method (CVM) to estimate the benefits to SMBs, which would be the main participants of the project. The survey found that the SMBs were willing to pay an average fee of 170,136 won. we conducted an economic analysis by applying a 5.5% social discount rate over an analysis period of 10 years and found a benefit-cost ratio of 5.02 and a net present value of 40.201 billion won, which indicated a very high economic viability of the project. The results of this study can be an important reference when deciding whether to pursue computerization projects in the public sector.

Cost Benefit Analysis of SF6 Decomposition Process Using an Electron Beam (전자빔을 이용한 SF6 처리 공정의 경제성 분석)

  • Park, Jun-Hyeong;Seo, Seo Hee;Son, Youn-Suk
    • Journal of Korean Society for Atmospheric Environment
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    • v.33 no.4
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    • pp.370-376
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    • 2017
  • This study was performed to investigate whether the decomposition process of $SF_6$ using an electron beam is economically reasonable when applied to the actual field. To do this, electron beam experiment and economic analysis were conducted. The experiment conditions are initial concentration of 1% of $SF_6$, 1 mA of input energy and 15 mA of flow rate with $H_2$ as an additive which were obtained from our previous research. As a result, removal efficiency of $SF_6$ was 90% for 8 hours continuously. In addition, economic analysis shows positive results in terms of using $SF_6$ decomposition process using electron beam. According to the analysis, the revenue is approximately 1.66 billion won in the first year and 3 billion won in the second year.

Economic analysis of the loading-unloading and automatic weighing systems in laver aquaculture industry (양식장 물김 이송 및 중량 자동측정 시스템 개발의 경제성 분석 연구)

  • Dae-Hyon KIM;Eun-Bi MIN;Tae-Jong KANG;Doo-Jin HWANG
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.59 no.2
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    • pp.181-187
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    • 2023
  • Laver aquaculture, which occupies a large proportion in the aquaculture industry in Korea, is still highly dependent on human labor. Therefore, it is necessary to study the development of an automatic system to improve the working environment and increase the efficiency of aquaculture production systems. The purpose of this study is to evaluate the economic feasibility of an improved system in a study for the loading-unloading and automatic weighing systems in laver aquaculture industry. Economic analysis of the developed unloading and automatic weighing system were implemented under various conditions to calculate more accurate benefits and costs. As a result of this study, the economic feasibility was found to be very high in the three models: net present value (NPV), benefit-cost ratio (B/C), internal rate of return (IRR). Moreover, the results of sensitivity analysis showed that the economical efficiency of the automatic loading, unloading, and weighing system in laver aquaculture was very high.

Optimization of the cross-section regarding the stability of nanostructures according to the dynamic analysis

  • Qiuyang Cheng;H. Elhosiny Ali;Ibrahim Albaijan
    • Advances in concrete construction
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    • v.15 no.4
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    • pp.215-228
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    • 2023
  • The vibrational behavior of nanoelements is critical in determining how a nanostructure behaves. However, combining vibrational analysis with stability analysis allows for a more comprehensive knowledge of a structure's behavior. As a result, the goal of this research is to characterize the behavior of nonlocal nanocyndrical beams with uniform and nonuniform cross sections. The nonuniformity of the beams is determined by three distinct section functions, namely linear, convex, and exponential functions, with the length and mass of the beams being identical. For completely clamped, fully pinned, and cantilever boundary conditions, Eringen's nonlocal theory is combined with the Timoshenko beam model. The extended differential quadrature technique was used to solve the governing equations in this research. In contrast to the other boundary conditions, the findings of this research reveal that the nonlocal impact has the opposite effect on the frequency of the uniform cantilever nanobeam. Furthermore, since the mass of the materials employed in these nanobeams is designed to remain the same, the findings may be utilized to help improve the frequency and buckling stress of a resonator without requiring additional material, which is a cost-effective benefit.

Cost Effective Location Management Scheme in MIPv6 (비용 효과적인 MIPv6의 위치 관리 방안)

  • Choi, Dae-Kyu;Lee, Hyung-Min;Choo, Hyun-Seung
    • The KIPS Transactions:PartC
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    • v.11C no.2
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    • pp.213-218
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    • 2004
  • Recently MIP becomes more important for the macro mobility support in the emergence of the global system such as IMT-2000. However this Protocol suffers from many weaknesses on the location management. MIPv4 regional registration is presented for the local registration of MNs. MIPv6 can benefit from the reduced mobility signaling with external networks by employing a local MAP, that is called HMIPv6. The total signaling cost of HMIPv6 is rapidly increased by the number of CNs of an MN when the MN moves around between MAPs. In this paper, we propose a new location management scheme in MIPv6 that reduces the total signaling cost in the location update based on HMIPv6 Here the MN does not send the BU to CNs and HA when it moves around between MAPs. Instead it informs the current location by transferring the modified BU to the previous MAP. According to the results of the performance analysis, we determine the upper bound for the number of forwarding links allowed among adjacent MAPs without the BU information.

Low Coverage and Disparities of Breast and Cervical Cancer Screening in Thai Women: Analysis of National Representative Household Surveys

  • Mukem, Suwanna;Meng, Qingyue;Sriplung, Hutcha;Tangcharoensathien, Viroj
    • Asian Pacific Journal of Cancer Prevention
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    • v.16 no.18
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    • pp.8541-8551
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    • 2016
  • Background: The coverage of breast and cervical cancer screening has only slightly increased in the past decade in Thailand, and these cancers remain leading causes of death among women. This study identified socioeconomic and contextual factors contributing to the variation in screening uptake and coverage. Materials and Methods: Secondary data from two nationally representative household surveys, the Health and Welfare Survey (HWS) 2007 and the Reproductive Health Survey (RHS) 2009 conducted by the National Statistical Office were used. The study samples comprised 26,951 women aged 30-59 in the 2009 RHS, and 14,619 women aged 35 years and older in the 2007 HWS were analyzed. Households of women were grouped into wealth quintiles, by asset index derived from Principal components analysis. Descriptive and logistic regression analyses were performed. Results: Screening rates for cervical and breast cancers increased between 2007 and 2009. Education and health insurance coverage including wealth were factors contributing to screening uptake. Lower or non-educated and poor women had lower uptake of screenings, as were young, unmarried, and non-Buddhist women. Coverage of the Civil Servant Medical Benefit Scheme increased the propensity of having both screenings, while the universal coverage scheme increased the probability of cervical screening among the poor. Lack of awareness and knowledge contributed to non-use of both screenings. Women were put off from screening, especially Muslim women on cervical screening, because of embarrassment, fear of pain and other reasons. Conclusions: Although cervical screening is covered by the benefit package of three main public health insurance schemes, free of charge to all eligible women, the low coverage of cervical screening should be addressed by increasing awareness and strengthening the supply side. As mammography was not cost effective and not covered by any scheme, awareness and practice of breast self examination and effective clinical breast examination are recommended. Removal of cultural barriers is essential.

The Optimization Experience of Occupational Exposure during Unclear Power Plant Outage (원자력발전소 계획예방정비 기간중 피폭최적화 경험)

  • Song, Young-Il;Kim, Hyung-Jin;Park, Hun-Kook;Kim, Hee-Geun
    • Journal of Radiation Protection and Research
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    • v.28 no.2
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    • pp.145-154
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    • 2003
  • By optimizing the radiation protection the collective dose and individual dose could be reduced during YGN #4 $5^{th}$ outage in 2001. The collective doses for the two high radiation jobs decreased to 85% and 65% of expected doses. The proportion of workers with low dose (below 1mSv) exposure increased 4% while the proportion of workers with over 3mSv and 5mSv exposure are decreased to 2%, 1% respectively. But none is exposed over 8mSv for the annual dose. To aid decision of utilizing the robot, cost- benefit analysis was performed and reasonable point was proposed to use the robot. For the first time job, repeated ALARA meeting and mock up training were implemented to set up working procedure by identifying the trouble. To easily set up standard procedure, mockup process was videotaped and reviewed during ALARA meeting. Monitoring is a good approach to chase radiological working condition such as working time, dose rate. behavior of workers, especially for high radiation work. Those data were estimated and adjusted from the stage of work planning to mock up. At the stage of actual work the monitoring data were compared to the estimation and recorded to database. This database will not only be used as a powerful tool for dose optimization at the following outage but also as a guideline to dose constraint set up for optimization for each specific situation.