• Title/Summary/Keyword: Direct costs

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The Impact of Free Trade Agreements on Foreign Direct Investment: The Case of Korea

  • Bae, Chankwon;Jang, Yong Joon
    • East Asian Economic Review
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    • v.17 no.4
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    • pp.417-444
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    • 2013
  • This paper aims to empirically identify the effects of FTAs on outward and inward FDIs in Korea. Considering the income differences between Korea and its FTA partners, we hypothesize that FTAs have a positive effect on outward FDI to developing countries and inward FDI from developed countries. An underlying source of the hypothesis is the Knowledge-Capital model, addressing the positive (negative) relationship between trade costs and horizontal (vertical) FDI. We test for the hypothesis using data on Korea's FTAs and FDI over the period 2000-2010. We find that our empirical results support the hypothesis, and additionally, FTAs in general encourage FDI by creating an FDI-friendly environment.

A Study on Electromagnetic Structural Design of AFPM Generator for Urban Wind Turbine (도시형 풍력발전기용 AFPM 발전기의 전자기적 구조설계에 관한 연구)

  • Cho, Jun-Seok;Choi, Se-Kwon;Kim, Ju-Yong;Jung, Tae-Uk
    • Proceedings of the KIEE Conference
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    • 2009.07a
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    • pp.830_831
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    • 2009
  • Wind power system attracts most interest because of high-energy efficiency with environment-friendly. Small scale wind power applications requires a cost effective and mechanically simple generator in order to be a reliable energy source. The use of direct driven generators, instead of geared machines, reduces the number of drive components, which offers the opportunity to reduce costs and increases system reliability and efficiency. This paper presents the development of a coreless axial-flux permanent magnet(AFPM) generator for a urban wind power system. It is analyzed by electromagnetic simulation program Maxwell 3D

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A Comparative Analysis of Landslide Susceptibility Assessment by Using Global and Spatial Regression Methods in Inje Area, Korea

  • Park, Soyoung;Kim, Jinsoo
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.33 no.6
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    • pp.579-587
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    • 2015
  • Landslides are major natural geological hazards that result in a large amount of property damage each year, with both direct and indirect costs. Many researchers have produced landslide susceptibility maps using various techniques over the last few decades. This paper presents the landslide susceptibility results from the geographically weighted regression model using remote sensing and geographic information system data for landslide susceptibility in the Inje area of South Korea. Landslide locations were identified from aerial photographs. The eleven landslide-related factors were calculated and extracted from the spatial database and used to analyze landslide susceptibility. Compared with the global logistic regression model, the Akaike Information Criteria was improved by 109.12, the adjusted R-squared was improved from 0.165 to 0.304, and the Moran’s I index of this analysis was improved from 0.4258 to 0.0553. The comparisons of susceptibility obtained from the models show that geographically weighted regression has higher predictive performance.

Evolution, Fields of Research, and Future of Chemical-Looping Combustion (CLC) process: A Review

  • Shahrestani, Masoumeh Moheb;Rahimi, Amir
    • Environmental Engineering Research
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    • v.19 no.4
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    • pp.299-308
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    • 2014
  • This study presents a review on Chemical looping combustion (CLC) development, design aspects and modeling. The CLC is in fact an unmixed combustion based on the transfer of oxygen to the fuel by a solid oxygen carrier material avoiding the direct contact between air and fuel. The CLC process is considered as a very promising combustion technology for power plants and chemical industries due to its inherent capability of $CO_2$ capturing, which avoids extra separation costs of the of $CO_2$ from the rest of flue gases. This review covers the issues related to oxygen carrier materials. The modeling works are reviewed and different aspects of modeling are considered, as well. The main drawbacks and future research and prospects are remarked.

Exclusive Economic Zone Expansion and Resource Efficiency: Strategic Expansion and the Effects of Lobby (배타적 경제수역의 확대와 자원의 효율성: 전략적 확대와 로비의 경제적 효과)

  • 김은채
    • The Journal of Fisheries Business Administration
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    • v.26 no.1
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    • pp.29-40
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    • 1995
  • Since the coastal countries, such as Unite States and other Latin America countries, proclaimed their 200 nautical mile Exclusive Economic Zone, these countries have attention to the need to develop effective coastal management and resource conservation But these countries often perceive themselves as being in competition with each other for profitable for the expansion of the vested EEZ. In such a situation, Exclusive Economic Zone expansion can appear as attractive policy tools in a coastal fishing firms in a noncooperative rivalries with pelagic countries, enable them to expand their fishing share and earn more profits. In reality, the coastal countries strategic Exclusive Economic Zone expansion change the initial condition of the game that both countries' fishing firms play. In this case, the coastal countries' fishing, such as South Korea, Japan and others, act as a followers. As result, the coastal countries' welfare is improved because of pelagic countries profit share shifts to the coastal countries profit share. In this paper, we find that coastal countries strategic EEZ expansion policy may not improve the coastal contries welfare if the shifting profits are dominated by the direct lobbying costs and related resource depletion.

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Prevalence, Pathophysiology, Screening and Management of Osteoporosis in Gastric Cancer Patients

  • Lim, Jung-Sub;Lee, Jong-Inn
    • Journal of Gastric Cancer
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    • v.11 no.1
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    • pp.7-15
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    • 2011
  • Osteoporosis in gastric cancer patients is often overlooked or even neglected despite its high prevalence in these patients. Considering that old age, malnutrition, chronic disease, chemotherapy, decreased body mass index and gastrectomy are independent risk factors for osteoporosis, it is reasonable that the prevalence of osteoporosis in gastric cancer patients would be high. Many surviving patients suffer from back pain and pathological fractures, which are related to osteoporosis. Fractures have obvious associated morbidities, negative impact on quality of life, and impose both direct and indirect costs. In the era of a >55.6% 5-year survival rate of gastric cancer and increased longevity in gastric cancer patients, it is very important to eliminate common sequelae such as osteoporosis. Fortunately, the diagnosis of osteoporosis is well established and many therapeutic agents have been shown to be effective and safe not only in postmenopausal females but also in elderly males. Recently, effective treatments of gastric cancer patients with osteoporosis using bisphosphonates, which are commonly used in postmenopausal woman, were reported.

A study on the efficient intermodal transportation system to increase the transportation demand : An empirical analysis of Kyungbu High Speed Railway (경부고속철도 수요확충을 위한 교통체계 구축방안 연구)

  • 이진선;김현웅
    • Proceedings of the KSR Conference
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    • 2001.10a
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    • pp.104-110
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    • 2001
  • During the last several years, the high speed railway system has been constructed and it is scheduled to open sometime in 2004. To fulfil its duties, it is essential to view intermodalism in the context of broader technological developments in easy access to high speed railway station. And also, to understand the economic importance of intermodal transportation, continual research is needed on the costs and distributional effects of alternative intermodal mechanisms for public works, including direct service to local station or easy transfer to other mass transportation modes. In this paper, necessary courses for local governments involvement are taken, and additional resources must be found that will benefit the entire railway system.

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An Economic Analysis of the Marine Afforestation Project in Gangneung Region, Republic of Korea (바다숲 조성사업의 경제적 효과 분석 : 강릉 주문진 바다숲 조성사업을 대상으로)

  • PARK, Kyung-Il;HONG, Hye-Su;KIM, Do-Hoon
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.3
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    • pp.727-737
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    • 2016
  • This study is aimed to analyze the economic effectiveness (direct fishing income effect) of the marine afforestation project in Gangneung region. Based on the surveyed data, the production values and costs of the marine afforestation project are estimated and compared to determine the economic validity of the marine afforestation project. Results show that the B/C ratio, as an indicator of economic evaluation, is 1.30 with an interest rate of 5.5%, indicating that the marine afforestation project in Gangneung region would be economically feasible under the current production and market conditions. However, it is expected that the economic effectiveness would be increased when considering benefits of recreational fishing and greenhouse gas reduction from the marine afforestation project.

A Study on Resonable Medical Insurance Fees for Orthopeadic Manual Therapy (정형물리치료의 적정 의료보험수가에 관한 연구)

  • Kim, Myung-Joon;Hwang, Seong-Soo;Kim, Ho-Bong;Kim, Soo-Hyung
    • The Journal of Korean Academy of Orthopedic Manual Physical Therapy
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    • v.6 no.2
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    • pp.5-13
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    • 2000
  • The purpose of this study is to suggest reasonable medical insurance fees for orthopaedic manual therapy. This medical insurance fees include of direct and indirect costs. The reasonable medical insurance fees of orthopaedic manual therapy are as follows. 1. Spinal manual therapy fee is 10.173 won. 2. Upper and lower extremity manual therapy fee is 10,173 won. 3. Hand and foot manual therapy fee is 6.782 won. 4. Hand and visceral manual therapy fee is 6.782 won.

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Predicting the Performance of Forecasting Strategies for Naval Spare Parts Demand: A Machine Learning Approach

  • Moon, Seongmin
    • Management Science and Financial Engineering
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    • v.19 no.1
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    • pp.1-10
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    • 2013
  • Hierarchical forecasting strategy does not always outperform direct forecasting strategy. The performance generally depends on demand features. This research guides the use of the alternative forecasting strategies according to demand features. This paper developed and evaluated various classification models such as logistic regression (LR), artificial neural networks (ANN), decision trees (DT), boosted trees (BT), and random forests (RF) for predicting the relative performance of the alternative forecasting strategies for the South Korean navy's spare parts demand which has non-normal characteristics. ANN minimized classification errors and inventory costs, whereas LR minimized the Brier scores and the sum of forecasting errors.