• Title/Summary/Keyword: Benefit-Cost analysis

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Preliminary Feasibility Study for Water Resources Policy Effect Analysis Direction (수자원분야 예비타당성 조사 정책효과 분석 방향)

  • Seong, Yeonjeong;Choi, Seungan;Kwon, Hyun-Han;Jung, Younghun
    • Journal of Korean Society of Disaster and Security
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    • v.14 no.3
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    • pp.1-16
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    • 2021
  • Recently, large-scale projects are required in the water resources sector considering safety and publicitythe due to uncertainty of securing water resources and changes in the ecological environment by climate change. Among these large-scale projects, the projects that fall under the preliminary feasibility study are determined by comprehensive analysis based on economic analysis, policy analysis, and balanced regional development analysis. However, most of the results of the preliminary feasibility study showed a tendency to depend heavily on economic analysis. For this reason, projects in non-metropolitan areas sometimes fail in the preliminary feasibility study. To supplement this point, the Korea Development Institute revised the standard guidelines for preliminary feasibility studies for water resources sector projects that place a high weight on policy feasibility analysis. Therefore, the objective of this study is to analyze the cases of the preliminary feasibility study conducted previously and to suggest the direction of policy analysis in the preliminary feasibility study for water resources sector projects. For this, we analyze preliminary feasibility studies conducted for 18 years from 2002 to 2019, and suggest direction of policy analysis method using the benefit items not included in the economic analysis.

A Cost-benefit Analysis on Neonatal Screening of Phenylketonuria and Congenital Hypothyroidism in Korea (한국에서의 페닐케톤뇨증과 선천성 갑상샘 저하증에 대한 신생아 집단 선별 검사의 경제성 분석)

  • Yun, Hoe Cheol;Kim, Nyeon Cheon;Lee, Dong Hwan
    • Clinical and Experimental Pediatrics
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    • v.48 no.4
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    • pp.369-375
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    • 2005
  • Purpose : Many inborn errors of metabolism can be completely cured with early detection and early treatment. This is why neonatal screening on inborn errors of metabolism is implemented worldwide. In this study, a cost-benefit analysis was performed on the neonatal screening of phenylketonuria and congenital hypothyroidism in Korea. Methods : This study included 2,908,231 neonates who took the neonatal screening on phenylketonuria and congenital hypothyroidism in Korea from January 1991 to December 2003. From those neonates, the incidence rates of phenylketonuria and congenital hypothyroidism were measured. Furthermore, based on 495,000 babies born in 2002, were calculated and compared the total costs in case when neonatal screening on phenylketonuria and congenital hypothyroidism is implemented, and when not. Results : If the neonatal screening on phenylketonuria and congenital hypothyroidism is implemented, benefits far exceed costs at a ratio of 1.77 : 1 in phenylketonuria, and 11.11 : 1 in congenital hypothyroidism. In terms of wons, the present neonatal screening on phenylketonuria and congenital hypothyroidism will gain us more than 29 billion wons every year. Conclusion : This study only concerns the monetary aspects of the neonatal screening. Therefore, the benefits of the neonatal screening is underestimated by ignoring precious but not measurable values such as quality of life. However, the present neonatal screening on phenylketonuria and congenital hypothyroidism is found to be beneficial and should continue for the good of the nation as well as that of the patients.

A study on the feasibility evaluation technique of urban utility tunnel by using quantitative indexes evaluation and benefit·cost analysis (정량적 지표평가와 비용·편익 분석을 활용한 도심지 공동구의 타당성 평가기법 연구)

  • Lee, Seong-Won;Chung, Jee-Seung;Na, Gwi-Tae;Bang, Myung-Seok;Lee, Joung-Bae
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.21 no.1
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    • pp.61-77
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    • 2019
  • If a new utility tunnel is planned for high density existing urban areas in Korea, a rational decision-making process such as the determination of optimum design capacity by using the feasibility evaluation system based on quantitative evaluation indexes and the economic evaluation is needed. Thus, the previous study presented the important weight of individual higher-level indexes (3 items) and sub-indexes (16 items) through a hierarchy analysis (AHP) for quantitative evaluation index items, considering the characteristics of each urban type. In addition, an economic evaluation method was proposed considering 10 benefit items and 8 cost items by adding 3 new items, including the effects of traffic accidents, noise reduction and socio-economic losses, to the existing items for the benefit cost analysis suitable for urban utility tunnels. This study presented a quantitative feasibility evaluation method using the important weight of 16 sub-index items such as the road management sector, public facilities sector and urban environment sector. Afterwards, the results of quantitative feasibility and economic evaluation were compared and analyzed in 123 main road sections of the Seoul. In addition, a comprehensive evaluation method was proposed by the combination of the two evaluation results. The design capacity optimization program, which will be developed by programming the logic of the quantitative feasibility and economic evaluation system presented in this study, will be utilized in the planning and design phases of urban community zones and will ultimately contribute to the vitalization of urban utility tunnels.

Design and Operation of the Rainwater-Greywater Hybrid System : SNU No. 39 Building (빗물-저농도 오수 하이브리드 시스템의 설계 및 운전 평가 : 서울대 39동)

  • Shim, In-tae;Park, Hyun-ju;Kim, Tschung-il;Jung, Sung-un;Han, Moo-young;Namkung, Eun
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.12
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    • pp.676-682
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    • 2016
  • In this study, rainwater-greywater hybrid system was installed and operated for 1 year in order to evaluate its water quantity, water quality, and economic efficiency in building no. 39. This system was expected to overcome each disadvantages of and maximize each advantages. Low-greywater that was washed up from shower room was treated by MBR (Membrane Bioreactor) and ozone oxidation. Rainwater that was collected from the rooftop was stored in a reservoir, and then transferred to the storage tank that was mixed with treated greywater. After 1 year operating in building no. 39, rainwater and greywater was used to supply $2,599m^3$ of toilet flushing water. In terms of water quality, rainwater was satisfied far the greywater reuse standards except for E.coli. Moreover, low greywater quality was acceptable except for E. coli, BOD, SS, and turbidity. In addition, economic analysis was obtained from benefit-cost ratio (B/C) with 1.11. It implies that the feasibility of the project was reasonable. Furthermore, various research and policy to improve the economic efficiency of water recycling facilities is required to expand the use of water recycling facilities.

A Study on Benefit/Cost Analysis of Form Work Methods for High-rise Residential Buildings (고층 주거건축물 거푸집의 편익/비용 분석에 관한 연구)

  • Kim, Jae-Yeob;Kim, Jae-Hyun
    • Journal of the Korea Institute of Building Construction
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    • v.10 no.4
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    • pp.49-57
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    • 2010
  • Selecting an appropriate formwork to fit the construction of a high-rise building is an important factor that can influence the success or failure of a construction. Currently, however, the reality is that in domestic high-rise building construction, the selection of an appropriate formwork with consideration of the characteristics of the formwork has not been done in a reasonable manner. To select formwork in a systematic and reasonable fashion, comprehensive consideration is required that must not only include the aspect of construction costs, but also air, quality, safety, and environmental issues. Therefore, this study aims to rationalize the selection process of formwork by applying the scientific method of Analytic Hierarchy Process (AHP) to the selection process of formwork, in terms of construction costs, quality and safety. To do this, the researcher investigated the current status of formwork being used in high-rise residential building construction. Then, based on the results of this investigation, the researcher selected an alternative for the formwork, and taking construction experts as the subjects of this study, conducted a survey on the applicability of the formwork as well as the priority of management thereof when selecting formwork. It is judged that the results of this research will contribute a more scientific and reasonable decision-making process than the existing non-scientific method in selecting formwork for high-rise residential building construction.

Cost-benefit Analysis of Health Screening Test for the Insured (피보험자 건강진단의 비용-편익 분석)

  • Yu, Seung-Hum;Sohn, Myong-Sei;Cho, Woo-Hyung;Park, Eun-Cheol;Lee, Young-Doo;Lee, Kyu-Sik;Chun, Ki-Hong
    • Journal of Preventive Medicine and Public Health
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    • v.22 no.2 s.26
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    • pp.248-258
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    • 1989
  • As a result of cost-benefit analysis by making a macroscopic approach to the health screening projects conducted 4 times since 1950 for the insured people of the Korea Medical Insurance Corporation, the following conclusions were reached. 1. The direct costs put into the health screening project, and the time costs which were paid by examinees or calculated in terms of social costs have been estimated. The results is that the lowest estimation was 10,337 million won and the highest 15,141 million won when a minimum of 1.5 hours of time spent and a maximum 4 hours were applied. 2. In terms of the psychiatric benefits, the lowest estimation was 5,341 million won while the highest was 5,585 million won. 3. In terms of the benefits for each kind of diseases, the lowest estimation of 37,188 million won and highest estimation of 74,383 million won have been calculated for the liver diseases. And for the cardiovascular diseases, the minimum estimation was 14,475 million won while the maximum was 20,532 million won. In case of pulmonary tuberculosis, with external effect benefits being included, the estimation ranged from the minimum of 1,649 million won to the maximum of 1,832 million won. And the estimation of benefits for diabetes mellitus and renal diseases ranged from 89 million won to 92 million won and from 4,567 million won to 7,598 million won respectively. 4. In comparing costs and benefits, as a results of comparing each highest and lowet estimation a range of minimum 46,708 million won and maximum 98,071 million won of benefits has been gained.

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Evaluation for the Introduction Impact of an Integrated Railway Wireless Network : A Case Study of the Wonju-Gangneung Rail Line (철도통합무선통신망 도입효과의 평가 -원주-강릉구간에 대한 사례를 중심으로-)

  • Cho, Hanbyeog;Jang, Jeong Ah;Jo, Chang-hee;Yun, Hak-Sun
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.15 no.4
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    • pp.129-142
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    • 2016
  • This study performs an evaluation, using the economic feasibility analysis method, of the LTE based railway wireless networks (LTE-R) service that is planned to be used for the future railway networks in Korea. Its objectives are using the evaluation results and working to reflect the factors that lead to a maximization of benefits in designing an integrated railway wireless network. This study analyzes the impact of implementing an LTE-R on the railway networks, in contrast to the existing wireless network methods, e.g. VHR and TRS to new rail lines on an economic view. This results found that the benefit cost ratio is greater than 1.0 with a 10% contribution to benefits of the wireless network service in the case study on the Wonju-Gangneung rail line that will start operations in 2018; as a result, an ICT design is desired. For the introduction of an LTE-R service for the Wonju-Gangneung rail line, design specifications need to increase to benefits for each service, which will verify actual contributions and therefore result in an overall economic effect.

Optimal Mixtures of Roadway Pavement Marking Beads Under Various Weather Conditions (기상조건 변화에 따른 노면표시 비드의 최적 배합비율 산정)

  • Lee, Seung-Kyu;Lee, Seung-Hyun;Choi, Kee-Choo
    • International Journal of Highway Engineering
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    • v.14 no.3
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    • pp.131-140
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    • 2012
  • Lane markings such as edgelines, centerlines, and lines that delineate lanes generally provide drivers with the various information for safe driving. Drivers can easily recognize the lane markings through the color differences between the markings and road surfaces during the daytime. However, it is a bit difficult for drivers to perceive them during the nighttime due to the lack of artificial lights. Although the glass beads with the 1.5-refractive index have been used to improve the visibility of the lane markings during the nighttime, it is still difficult for drivers to recognize the lane markings properly, especially during the rainy nighttime, which may often lead to traffic accidents. To improve the retroreflectivity and visibility of the lane markings during the rainy nighttime, the high refractive beads with the 2.4-refractive index are essentially required, but they do not work appropriately during the dry nighttime. Thus, the mixed materials with the 1.5, 1.9, and 2.4-refractive beads should be considered for the satisfactory implementation of the lane markings. This study reveals the best mixing rates of the beads by conducting benefit-cost analysis under various weather conditions in Korea. The analysis results show that the lane markings with the 100% of the 2.4-refractive beads provide the highest visibility of lane markings regardless of the roadway conditions, but the benefit-cost (B/C) ratio of the bead mixture is merely 0.46. The best mixing rate of the beads, from the highest B/C ratio viewpoint, was identified as the mixture with a 80% of 1.5-refractive beads and a 20% of 2.4-refractive beads. Some limitations and future research agenda have also been discussed.

An Analysis on the Effect of Financial Stabilization Program in the Korean Health Insurance (醫療保險 財政共同事業의 效果分析)

  • 이현실;남길현
    • Health Policy and Management
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    • v.7 no.1
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    • pp.73-99
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    • 1997
  • This study was carried out by using questionnaires with 126 insurance societies from Sept. 30, 1995 to Oct. 18, 1995. The primary data collected bythe survey have been significantly supplemented by secondary data obtained from sources such as health insurance statistical year books and internal data in the Ministry of Health and Wolfare. Major findings were summarized as follows: Two financial coordinating programs have significantly improved financial status of regional health insurance societies: the catastrophic program for high cost medical care that was initiated in 1991 and the program for hospitalization cost of the aged in 1995. Another finding is that there existed ambiguity and inconsistency of equity index that had been used by stabilization programs and its side effects could not be ignored. Regression analyses were made to identify factors that affect financial transfers. Inde pendent variables in the regression include utilization frequency, dependancy ration, insurance contribution per insured and medical expense per insured. All these variables were statistically significant in the equations of applying distribution rate (distribution/contribution) and transfer rate (transfer/contribution) as dependent variables. Policy suggestions for the catastrophic program for high cost medical care are modifying the definition of catastrophic case and setting the maximum amount of subsidies for each society based on distribution rates. To solve the problems of the financial coordinating program for the aged, we could consider reimbursing more than 50% of the copayment incurred by the aged 65 or more and determining the maximum amount of outpatient copayment at 10,000 Won per day or per visit for the elderly. More fundamental improvement could be made by amending the Welfare Benefit Act to establish and expand medical and welfare facilities for the elderly.

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The Selection of Suitable Site for Park and Green Spaces to Increase Accessibility and Biodiversity - In Case of Seongnam City - (접근성과 생물다양성 증진을 고려한 도시 공원·녹지의 필요지역 선정 - 성남시를 사례로 -)

  • Heo, Hankyul;Lee, Dong Kun;Mo, Yongwon
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.18 no.5
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    • pp.13-26
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    • 2015
  • Urban park and green space provide various functions. Among the functions, human benefit and increase of biodiversity are known to be important. Therefore, it is important to consider human and biotic aspect in the process of selecting suitable site for park and green space. However, there is insufficient research on both aspects. In this study, we used green network to analyze human and biotic aspect to select suitable site for park and green space in Seongnam City in Korea. To analyze the green network, we used accessibility for human aspect and used dispersal distance and habitat size for biotic aspect. We conducted least-cost path modelling using movement cost. In case of biotic aspect, GFS (generic focal species) is used to estimate habitat size and dispersal distance. To find out suitable site for park and green space, we used an overlay analysis method. As the result, old residential areas are shown have insufficient green network which needs park and green space. Furthermore, the green network for biotic aspect is insufficient in old residential areas comapred to green network for human aspect. The result of this study could contribute in planning of park and green space to maximize their functions.