• Korean Chemical Engineering Research
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• v.56 no.1
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• pp.6-13
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• 2018

Utilizing the heat of cooling water discharge of coal-fired power plant, pipeline investment costs for businesses that supply heat to agricultural facilities near power plants increase in proportion to installation distance. On one hand, the distance from the power plant is a factor that brings difficulties to secure economic efficiency. On the other, if the installation distance is short, there is a problem of securing the heating demands, facility houses, which causes economical efficiency to suffer. In this study, the economic efficiency of 1km length of standard heat pipeline was evaluated. The sensitivity of the heat pipe to the new length variation was analyzed at the level of government subsidy, amount of heating demand and the incremental rate of pipeline with additional government subsidy. As a result of the analysis, it was estimated that NPV 131 million won and IRR 15.73%. The sensitivity analysis showed that NPV was negative when the length of heat pipe facility exceeded 2.6 km. If the government supports 50% of the initial investment, the efficiency is secured within the estimated length of 5.3 km, and if it supports 80%, the length increases within 11.4 km. If the heat demand is reduced to less than 62% at the new length of the standard heat pipe, it is expected economic efficiency is not obtained. If the ratio of government subsidies to initial investment increases, the elasticity of the new bloc will increase, and the fixed investment, which is the cost of capital investment for one unit of heating demand, will decrease. This would result in a reduction in the cost of production per unit, and it would be possible to supply heat at a cheaper price level to the facility farming. Government subsidies will result in the increased economic availability of hot plumbing facilities and additional efficiencies due to increased demand. The greater government subsidies to initial investment, the less farms cost due to the decrease in the price per unit. The results of the study are significant in terms of the economic evaluation of the effectiveness of the government subsidy for the thermal power plant heat utilization project. The implication can be applied to any related pilot to come.

• Economic and Environmental Geology
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• v.11 no.2
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• pp.81-88
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• 1978

Nearly 300 bottom sediments and 20 box-cores were sampled from the Asan bay. The central portion of the Asan bay is covered by sand, slightly gravelly sand and gravelly muddy sand. Between the central and marginal zones gravelly mud and slightly gravelly sandy mud are characteristically distributed. The gravel population in the sediments seems to be originated from the rocky bottom on the area near the bay because the gravel is angular and composed of the schist and gneiss. The quartz/feldspar ratio is about 3/2. It is considered to be that the amount of feldspar in this bay is much higher than that of any other areas in the Yellow Sea. This is considerd to be comparatively short distance of transport ion of these sediment from the provenance.

• Journal of the Korean housing association
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• v.4 no.1
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• pp.29-38
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• 1993

The purpose of this study was to investigate the middle-aged housewive's background characteristics influencing on the preference of elderly housing, depending on four aging-situations. The characteristics of the elderly housing dealt in thes study were geographical location. specially planned feature for the elderly, house type, the size of housing, housemate, the distance from the living quarter of their children, and whether they want to live in the rental house. The subject were 526 middle-aged housewives from middle-income householde living in the capital area. Questionnaires were sent through mail to the householde which tesponded positively on the information brochure about this study sent before. The characteristics of the elderly housing which perferred to was influenced by their age and socio-economic status, such as schooling, job, income, and the size of housing. This result suggests that it must be considered to develop various types of the elderly housing depending on socio-economic status.

• Economic and Environmental Geology
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• v.17 no.3
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• pp.171-177
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• 1984

Representative sulphide samples from the Sangdong skarn orebody and quartz veins show relatively narrow ranges of sulphur isotope values ranging from $^+5.5$ to $^+6.9$ permil and average $^+5.0$ permil with a standard deviation of 0.77 permil. Much higher temperature isotopic temperatures than homogenization temperatures may indicate even minerals in contact did not form together in isotopic equilibrium. Under conditions of formation of the skarn and quartz veins, ${\delta}^{34}\;H_2S$ ranges from $^+4.5$ to $^+5.3$ permil, suggesting a magmatic origin for the sulphur. Carbon and oxygen isotope values seem to show some of the spread of increasing ${\delta}^{13}C$ values of the interbedded limestone with distance from the central zone of the Sangdong mineralization. Negative values of ${\delta}^{13}C$ fluids appear to be typical of many ore deposits including those of magmatic origin. Calculated ${\delta}^{18}C$ values of the fluids are typical of those derived from magmatic sources.

• Journal of Korea Port Economic Association
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• v.18 no.1
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• pp.27-41
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• 2002

This paper deals with the development of a simulation model for the container terminal, which consists of 3 berths, 8 container cranes, and 16 yard blocks with each yard crane and 90 yard trucks in order to evaluate the various operational rules. The proposed operational rules are 3 ship-dispatching rules, 3 berth allocation rules, 2 crane allocation rules, 2 yard allocation rules, and 2 yard truck allocation rules. These rules are simulated using 4 performance measures, such as ship time in the terminal, ship time in the port, the number of ships processed, and the number of containers handled. The simulation result is as follows: 1) there is no difference among 3 ship-dispatching rules, 2) berth allocation rules depend on performance measures, 3) dynamic crane allocation is better than fixed policy, 4) pooling yard allocation is better than short distance yard allocation rules, and 5) fixed yard truck allocation by berth is a little better than pooling policy.

• Bulletin of the Society of Naval Architects of Korea
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• v.21 no.4
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• pp.1-9
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• 1984

This study is concerned with the economic aspects of $125,000m^3$ class LNG carriers with different propulsion plant such as conventional steam turbine and slow speed diesel engine with reliquefaction plant. The ship's speed and L/B ratio were optimized with criterion of required freight rate(RFR) by using the PROCAL computer program package. In order to investigate the effect of fuel oil price, round trip distance and boil-off rate on the RFR and the optimum speed, sensitivity analysis were also performed.

• East Asian Economic Review
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• v.23 no.4
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• pp.381-407
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• 2019

The Korean wave has become a global phenomenon whose effect has been widely studied in Asia, Europe and the US. However the presumption of cultural distance makes it appear unlikely that the Korean wave could gain traction among African consumers of cultural products. As such, a dearth of evidence exists on the effects of the wave in Africa. This paper examines the effect of the wave in East African countries employing both descriptive and Probit model analyses. The results show that, contrary to conventional beliefs, most Africans surveyed perceive value proximity with Korea through the values conveyed in Korean dramas, movies and music. Confucius values, such as filial piety, family love and respect for the elderly are the most appealing to the East African audience. Importantly, contact with Korean wave contents contributes to the respondents' disposition to form favorable attitude towards Korea. The African consumers of Korea's cultural products are equally likely to purchase other Korean commercial products. These results remotely suggest that Hallyu may be a tool for advancing Korea's soft power towards Africa and could generate positive economic externalities.

• Fisheries and Aquatic Sciences
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• v.20 no.10
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• pp.25.1-25.5
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• 2017

An economic marine alga, which is considered to be an important source of carrageenan, was collected from Jindo of the southern coast of Korea. This species shares the vegetative and female reproductive features of Ahnfeltiopsis and is characterized mostly by its small size (up to 8 cm), terete to subterete thalli at the lower portion, cartilaginous in texture, dichotomous branches, rarely produced proliferations, and an absence of hypha-like filaments in the medulla. It is distinguished from other Korean species within the genus by the thallus feature. In a phylogenetic tree based on the molecular data, this alga nests in the same clade with A. concinna from Japan but forms a sister clade to A. concinna from Mexico and Hawaii (type locality). However, the genetic distance among those sequences was calculated as 0.1-1.3% for rbcL and 1.1% for COI sequences, considered to be intraspecific variation within the genus. Based on the morphology and molecular analysis, this alga is identified as A. concinna originally described from Hawaii. This is the first record of the species in the Korean marine algal flora.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.7
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• pp.403-411
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• 2021

This study discusses the influence of economic factors on the clothing exports from China and 15 South and Southeast Asian countries to the United States. A basic gravity trade model with three predictors, including the GDP value produced by exporting and importing countries and their geographical distance was established to explain the bilateral trade patterns. The conventional approach of multiple regression and the novel approach of Artificial Neural Networks (ANNs) were developed based on the value of clothing exports from 2012 to 2018 and applied to the trade pattern prediction of 2019. The results showed that ANNs can achieve a more accurate prediction in bilateral trade patterns than the commonly-used econometric analysis of the basic gravity trade model. Future studies can examine the predictive power of ANNs on an extended gravity model of trade that includes explanatory variables in social and environmental areas, such as policy, initiative, agreement, and infrastructure for trade facilitation, which are crucial for policymaking and managerial consideration. More research should be conducted for the examination of the balance between developing countries' economic growth and their social and environmental sustainability and for the application of more advanced machine-learning algorithms of global trade flow examination.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.8
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• pp.335-343
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• 2021

This paper investigates the effect of institutional quality on FDI inflows by using FDI outflows from Asian countries from 2009 to 2017. We used the FDI data from five major Asian economies, which are South Korea, China, Japan, Singapore, and Hong Kong. The gravity model was used to examine the effect of institutional quality on FDI flows. The regression model considers several independent variables, and we select the most appropriate variables by using the Bayesian Model Averaging (BMA) estimator. We have shown that foreign direct investment from Asian countries depends on the size of home and the partner countries, geographical distance, trade interaction between two countries, economic freedom, labor supply, tariff rate, and capacity of the government. The results of different estimation techniques emphasize that multinational enterprises prefer to invest in those countries which have a higher income, which shows the evidence for Lucas's paradox. The results also show that economic freedom and control of corruption have a positive impact on FDI inwards. The regression results show that better institutional quality in host countries encourages more FDIs from Asian economies. It suggests that the state should control corruption and create a free economic environment to attract FDIs.