• Title/Summary/Keyword: Economic Consequences

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Human functions in innovation and sustainable marketing

  • Jat-Syu Lau;Ziyuan Li
    • Advances in concrete construction
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    • v.16 no.2
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    • pp.97-106
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    • 2023
  • This research endeavors to explore the enhancement of workforce economic efficiency through the application of nanotechnology, focusing on its economic implications. The findings of this investigation reveal that in recent years, surging global population growth and escalating demands for products and services have led to excessive resource consumption, resulting in adverse environmental consequences and altering environmental conditions-a phenomenon referred to as the economic growth dilemma. Entrepreneurs and economic stakeholders have begun to recognize the importance of sustainable development and the integration of environmental considerations into the production of goods and services. Within this context, knowledge-based economies have emerged as a driving force for sustainable business practices, particularly in the realm of nanotechnology. The integration of nanotechnology across various industries, including pharmaceuticals, agriculture, environmental management, and the chemical and petroleum sectors, as well as energy distribution, has yielded remarkable results. Consequently, this research aims to investigate the application and integration of nanotechnology in environmentally friendly silver nanoparticle production within select industries. Subsequently, it will examine the far-reaching implications of nanotechnology on economic growth and sustainable development.

A Study on Reliability Differentiated Pricing of Long-Term Transactions

  • Kim, Bal-Ho H.
    • Journal of Electrical Engineering and Technology
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    • v.6 no.1
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    • pp.8-13
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    • 2011
  • Reliability differentiated pricing (RDP) is known to improve the efficiency and benefits of consumers and producers. Outage costs representing the economic and non-economic consequences of service curtailments to customers can be used as an effective parameter of RDP in electricity markets. This paper examines the theoretical aspects of an RDP scheme, and derives the optimal decisions of consumers and electric utilities for long-term transactions. The proposed RDP is demonstrated through a case study on a wheeling service.

Study on economic impacts of performing Korean industrial standards(KS) (KS 이행에 따른 경제적 효과에 관한 연구)

  • Lee, Kang-Dae;Goh, Hyeon-Woo;Lee, Myeong-Hoon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.28 no.3
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    • pp.1-9
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    • 2005
  • We developed the logical methods to analyze economic impacts of standardization and cleared up effects of performing KS in micro and macro aspects. This study is performed through analysing foreign studies and results from surveys. The advanced methods performing standardization as a form of 'Korean industrial standards' are suggested here, which are based on results of this study. The major consequences of this study are followings. The micro economic impact is that each company gets 604.5 millions won a year through performing KS A and F(discount rate 4.5%) and 1.46 trillions won is the macro economic impact through performing total KS A and F, which comes to 0.245% of GDP.

Environmental Impact Assessment in Urban Planning (도시계획과 환경영향평가)

  • Yong, Chung
    • Journal of Environmental Impact Assessment
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    • v.2 no.2
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    • pp.1-11
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    • 1993
  • Most developing countries are experiencing rapid urbanization and the associated growth of industry and services. Cities are currently absorbing two-thirds of the total population in the developing world. Korea has about 85 percent of urban dwellers. World population will shift from being predominantly rural to predominantly urban around the turn of the century. Although cities play a key role in development process and make more than a proportionate contribution to national economic growth, especially cities are also the main catalysts of economic growth in developing countries, they can also be unhealthy, inefficient, and inequitable places to live. Most developing countries are increasingly unable to provide basic environmental infrastructure and services, whether in the megacities or in secondary urban centers. Of particular concern is the strain on natural resources brought by the increasing number of people, cars, and factories. They are generating ever greater amounts of urban wastes and emissions. They also exceed the capacity of regulatory authorities to control them and of nature to assimilate them. The environmental consequences are translated into direct negative impacts on human health, the quality of life, the productivity of the city, and the surrounding ecosystems. Environmental degradation threatens the long tenn availability and quality of natural resources critical to economic growth. Cities, with their higher and growing per capita energy use for domestic, industrial, and transport purpose also contribute a disproportionate share of the emission leading to global warming and acid rain. An important priority is to develop strategic approaches for managing the urban environment. The design of appropriate and lasting strategic responses requires first an understanding of the underlying causes of urban environmental deterioration, it is necessary that longer tenn objectives should be set for urban area to avoid irreversible ecological damage and to ensure lasting economic development. As a means to the preventive policies against the adverse effect, environmental impact assessment (EIA) serve to identify a project's possible environmental consequences early enough to allow their being taken into consideration in the decision making process for urban planning. This paper describes some considerations of EIA for urban planning-scoping, assessment process, measurement and prediction of impacts, pollution controls and supervision, and system planning for environmental preservation.

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Chinese Influence and Southeast Asian Response: An Interactive Approach (중국의 영향과 동남아의 대응: 상호적 접근시각)

  • Park, Sa-Myung
    • The Southeast Asian review
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    • v.21 no.2
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    • pp.217-261
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    • 2011
  • This study is an attempt to construct a basic framework of analysis about China's political and economic influence on Southeast Asia through traditional Sinocentrism, anti-colonial nationalism, Cold War socialism and post-Cold War capitalism. As to the historical status of Southeast Asia vis-a-vis external forces such as India, China and the West, the colonial discourse tends to put excessive emphasis upon its dependence, and the posy-colonial discourse upon its autonomy. However, this study elucidates the political and economic interactions between China and Southeast Asia in a dynamic perspective, focusing on their reciprocal interactions beyond the essentially static dichotomy of autonomy and dependence. Chinese influence on Southeast asia can be divided into active and reactive one, with the former referring to direct and intended consequences and the latter to indirect and unintended consequences. In the historical process of active and reactive influence, both China and Southeast Asia were fundamentally proactive actors. Thus, the autonomy or dependence of Southeast Asia is just a question of relative one, with its actual extent and degree varying with specific spatial and temporal conditions.

Economic Evaluation of Agro-biotechnology New Product Using the Stated Preferences Theory (기술된 선호이론을 통한 농업생명공학 신상품의 경제성분석 연구)

  • 현병환;신효중;윤석기
    • Proceedings of the Technology Innovation Conference
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    • 1996.12a
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    • pp.179-195
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    • 1996
  • With current. difficulties in Korean agricultural sector, the biotecilnoiogy is considered as the most important factor to offset the inferiority in the agriculture. New products by using the biotechnology would be commercialized and consumed by both producers and consumers. Before its production and distribution researches on new product should be undertaken in many aspects, especially in terms of economic aspects. Main objectives of this study are to measure the economic value of the new product using the agro-biotechnology, here potato microtubers, and to examine whether the stated preferences theory, the Contingent Valuation Method(CVM), could be accepted in the economic analysis for the new biotech product. Through the demand function derived from the consequences of functional relationship, the consumer's surplus was estimated.

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Economic Evaluation of New Agro-biotechnology Product Using the Stated Preferences Theory (기술된 선호이론을 통한 농업생명공학 신상품의 경제성 분석연구)

  • Hyun, Byeong-Hwan;Chung, Hyeok;Shin, Hyo-Jung;Yoon, Seok-Gi
    • Journal of Technology Innovation
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    • v.5 no.1
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    • pp.249-265
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    • 1997
  • With current difficulties in Korean agricultural sector, the biotechnology is considered as the most important factor to offset the inferiority in the agriculture. New products by using the biotechnology would be commercialized and consumed by both producers and consumers. Before its production and distribution, researches on new product should be undertaken in many aspects, especially in terms of economic aspects. Main objectives of this study are to measure the economic value of the new product using the agro-biotechnology, here potato microtubers, and to examine whether the stated peferences theory, the Contingent Valuation Method(CVM), could be accepted in the economic analysis for the new biotech product. Through the demand function derived from the consequences of functional relationship relationship, the consumer's surplus was estimated.

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Nutrient Intake Patterns of Koreans by the Economic Status Using 1998 Korean National Health and Nutrition Survey (1998년도 국민건강영양조사자료를 이용한 한국인의 경제수준별 영양 섭취 현황)

  • 문현경;김유진
    • Journal of Nutrition and Health
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    • v.36 no.10
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    • pp.1061-1070
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    • 2003
  • The purpose of this study was to investigate differences in the diet with the amount and the qualitative assessment of nutrient intakes by the economic level. Data from the 1998 Korean Health and Nutrition Survey were used. Using the poverty line based on the 1998 Korean minimum cost of living, Subjects (n = 10400) were classified into high class (36.1%), middle class (40.7%) and low class (23.1%). Chi-square-test and Analysis of Variance following Duncan's multiple range test were used to test the difference in nutrient intake pattern among three groups ($\alpha$ = 0.05). The amount of nutrient intake and nutrient intake adequacy were statistically different by the economic level (p<0.01). The ratio of energy intake from carbohydrate is higher than the criteria of WHO recommendation in all economic levels. Especially people in the low class depended much on the carbohydrate for the energy intake. The ratio of energy from the protein and fat are lower in the middle and low class than that of the high class. The Intake level of calcium and vitamin B$_2$ were lower than those of the Recommended Dietary intake level, regardless of economic status. It also showed differences in major food sources of nutrients by the economic level Consequently, it seems that the nutrition policy and program should be prepared according to their economic status. Also, there should more detailed studies to find out the nutrient intake pattern, their determinant, and health consequences.

The Impact of COVID-19 Pandemic on Indonesia's Economy and Alternative Prospects for Untact Society

  • Lee, Kyungchan
    • SUVANNABHUMI
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    • v.13 no.2
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    • pp.7-35
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    • 2021
  • This research is an attempt to understand the economic and social consequences that are occurring in Indonesia due to the spread of COVID-19. Indonesia, which has maintained solid economic growth since the inauguration of President Jokowi's government, is also experiencing difficulties to deal with unexpected COVID-19 pandemic as the global economic turmoil has had a very significant impact on its economy. The economic impact of COVID-19 can be felt, starting from the phenomenon of panic buying, the free fall of the stock price index, the depreciation of the Rupiah against the Dollar, sluggish activities in the processing industry, and ultimately it has an impact on slowing economic growth. Various policies and measures have been taken by the Indonesian government to minimize the negative impact caused by the COVID-19 pandemic on the economy. One such area is electronic commerce business or e-commerce that witnessed a vast increase of online and non-cash transaction amid rising voices that the country needs to prepare for the advent of a new economic system, the so-called New Normal era. The Covid-19 pandemic will temporarily slow economic growth and delay some development projects and policy initiatives as the Indonesian government diverts capital from infrastructure development to help respond to the crisis. However, the Jokowi administration's efforts for continuous reform are expected to accelerate the transition to the digital economy.

The Economic Losses of Smoking (흡연의 경제적 손실분석)

  • Park, Jong-Ku;Lee, Kyu-Sik
    • Journal of Preventive Medicine and Public Health
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    • v.22 no.4 s.28
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    • pp.528-541
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    • 1989
  • The purpose of this study was to identify and measure the economic costs and benefits due to smoking in Korea. Cigarette smoking is a major cause of morbidity and mortality. In addition to the health risks of smoking, there are important economic consequences. A complete assessment of the economics of smoking requires evaluation of various health, economic, and intangible parameters, including benefits as well as costs of both the production and consumption of tobacco. In this article we focus on costs resulting from the health effects of smoking (expenditures for medical care and the value of productive output lost to morbidity, and premature mortality among smokers), since economic benefits from tobacco industry is offset by expenditures for purchasing tobacco. Two distinct methodologies will be applied to measure the economic costs of smoking cigarette, the human capital and willingness-to-pay approaches. This article used the former method. In 1985, total economic losses due to smoking was estimated as 505.7 billion won, which was composed of morbidity losses 64.9 billion won mortality losses 429.1 billion won and indirect costs 11.7 billion won.

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