• Title/Summary/Keyword: Economic Efficiency

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Efficiency of Financing High-Tech Industries: The Case of Kazakhstan

  • SADYKHANOVA, Gulnara;EREZHEPOVA, Aiman;NURMANOVA, Biken;AITBEMBETOVA, Aida;BIMENDIYEVA, Laila
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.287-295
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    • 2019
  • The study aims to build a model for evaluating the effectiveness of activities and the effectiveness of financial investments in high-tech industries in Kazakhstan. The development of high-tech industries plays an important role in the economic growth of a country. In this regard, it is relevant to study the effectiveness of financing the most important industry in Kazakhstan. The development of the high-tech sector ensures the efficient functioning of the national innovation system. High-tech enterprises are one of the competitive sectors that allow us to develop and implement leading-edge innovations with the goal of their subsequent commercialization domestically and abroad. The author defines the multicriteria of efficiency in a knowledge-based economy associated with achieving an economic effect with multivariate correlation of results with costs. A multivariate dynamic model, an integral indicator of performance, an integral indicator of cost-effectiveness is proposed. The assessment of the effectiveness of financial costs and performance indicators in all regions of Kazakhstan have the positive dynamics of indicators, as well as a high economic effect. The results of the study can be applied in regional management to adequately assess the effectiveness of high-tech organizations and the effectiveness of financial investments, contribution to ensuring the economic security of the region.

Economic Evaluation of LED Luminaires for Tunnel Interior Zones

  • Cho, Sook-Hyun;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.27 no.11
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    • pp.7-13
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    • 2013
  • There has been a need for the systematic evaluation of the economic efficiency between conventional fluorescent lamp lighting systems that have been used in tunnels and LED lighting systems. This study has evaluated basic tunnel lighting between the conventional fluorescent lighting systems and the LED lighting system using the evaluation tool of tunnel lighting by Life Cycle Cost (LCC) and using the economic efficiency evaluation method. In addition, the unit discount rate of the LED lighting system and the estimated increase in the price of electricity have made the estimated cost of LCC the same if two luminaires were used in the basic part of the tunnel.

Economic Analysis of Solar Light Energy Systems in Public Facilities (공공시설물 태양광조명 에너지 시스템의 경제성 분석)

  • Yang, Jin-Kook;Shin, Sung-Joon;Park, Seung-Hwan;Lee, Min-Hyeon;Jo, Hyeon-Taek
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.304-305
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    • 2014
  • New and Renewable eco-friendly energy technique can be to enable rational use of resources, as well as securing economic efficiency. Therefore, most of the public facilities must apply eco-friendly energy systems. In this study was applied the solar light energy system to the construction projects. As a result, the proposed system was implemented various effect such as the power cost savings in public facilities. In addition to, the proposed system was improved functional aspects such as improving space utilization.

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The Long-Term Effect of Energy R&D Investment Based on Causal Loop Diagramming Analysis (국가 에너지 R&D의 중장기 효과평가를 위한 인과지도 분석)

  • Oh, Youngmin
    • Korean System Dynamics Review
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    • v.14 no.4
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    • pp.91-112
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    • 2013
  • This article aims at revealing the dynamic relationships between the energy R&D investment and economic growth in Korea. To achieve this goal, we reviewed the effects of energy R&D investments and tried to make the holistic interconnections for describing the feedback loops between energy R&D and economic system. Energy R&D investments develop the renewable energy, energy efficiency and $CO_2$ emission reductions technologies for accomplishing the national strategic targets. The rapid obsolescence of technologies makes the inefficiency and negative effects in governmental energy R&D investments.

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A Feasibility Study on the Mixed System of RC Columns and Steel Girders (콘크리트 기둥과 철골 보로 이루어진 복합구조의 적용성에 관한 연구)

  • 윤상문;김원태;최광호
    • Proceedings of the Korea Concrete Institute Conference
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    • 1997.04a
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    • pp.508-514
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    • 1997
  • RCS system consists of RC columns and Steel girders. Because RC columns are useful for compression and steel girders are for bending moment, RCS system has good structural performances. This system, however, has had no verification in the onstruction fields. This paper is a feasibility study on RCS system to verify the structural and economic efficiency of RCS system. On this study, we analyze 18 models selected by existing building data survey, and design these models as steel system,SRC system (Steel + RC system) and RCS system. To verify the economic efficiency of RCS system, we estimate the columns of these models. And we predict the construction procedure of RCS system to compare construction duration of RCS system with others So, in this study we find that RCS system is more economic than steel system and SRC system.

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The effect of nanoparticles on the economics study of railway logistics transport based on mathematical model

  • Yanlong Zhao;Mohsen Nasihatgozar;F. Ming
    • Advances in nano research
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    • v.16 no.5
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    • pp.521-529
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    • 2024
  • The integration of nanoparticles into various industries has spurred interest in understanding their impact on logistics and transportation systems. In this study, we investigate the effect of nanoparticles on the economic aspects of railway logistics transport using a mathematical model. By incorporating factors such as transportation costs, time efficiency, and environmental considerations, we aim to assess the overall economic feasibility of integrating nanoparticles into railway logistics operations. Through mathematical modeling and analysis, we explore how the introduction of nanoparticles affects cost-benefit analyses, resource allocation, and decision-making processes within railway logistics. Our findings provide valuable insights into the economic implications of nanoparticle integration in railway transport, offering potential strategies for optimizing logistics operations and enhancing overall efficiency and sustainability.

EFFECTS OF CUTTING FREQUENCY AND NITROGEN FERTILIZATION ON DRY MATTER YIELD OF REED CANARYGRASS (Phalaris arundinacea L.) IN UNCULTIVATED RICE PADDY

  • Lee, J.S.;Ahn, J.H.;Jo, I.H.;Kim, D.A.
    • Asian-Australasian Journal of Animal Sciences
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    • v.9 no.6
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    • pp.737-741
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    • 1996
  • Dry matter yield of reed canarygrass was investigated in uncultivated rice paddy in Korea, and an attempt was made to estimate the most economic and efficient cutting frequency and rates of nitrogen (N) fertilization, for increased production of reed canarygrass. Total dry matter yields of reed canarygrass per year were 7.4-15.7, 8.5-16.1, and 7.5-13.4 tons/ha in 3, 4, and 5 cutting frequencies, respectively, and over the N treatments of 0-120 kg N/ha/cut. When cut 3 or 5 times annually, the 2nd cut produced the highest proportion of total yield at 38.4 and 33.0%, respectively, when cut 4 times the 3rd cut was highest (38.3%). The ranges of economic N level, limiting N level and efficiency of dry matter production were 243.3-293.0, 387.2, and 14.6 kg DM/kg N, respectively. These indicators were particularly low for the 5 cutting frequency possibly because of the unusually high temperature in the summer season. The best cutting frequency for the dry matter production of reed canarygrass in 1994 was 3 per year because of the higher efficiency of dry matter production.

The Study On Economic Effect for the Construction Project -Emphasized on Flood Control Project- (건설사업의 경제성 조사연구 -치수사업 중심으로-)

  • 김용석
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.14 no.3
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    • pp.2749-2760
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    • 1972
  • The aim of this study is to decide the effective scale of investment and regional of flood control project in chronical inundation area of Moo-Han River vicinity by selecting objective regions of Seong-Jang, Yae-San, Oh-Ka and Shin-Ahm areas. In order to accomplish, the writer conducted research on the extent of damages, assets and hydrographic patterns of flood in the areas as described in foregoing chapters, and further analized the research in the method of survey and investment efficiency evaluation for flood control directed by the Ministry of Construction. According to the above analysis, the writer concluded as follows: The investment efficiency is different depend upon regional character. However, it is found that economic efficiency is high throughout in probility year 70. Therefore, the writer consider the scale of economic investment should be same as that of probability year 70 amounted \610,904,000 and regional priority are as following table. Considering the time length, objective areas of study and difficulties encounted during research,, this study is belioved to be insufficient. Accordingly, it is hoped that this study is continued to complete problems undone and is contributive to rationalize the flood control project in this areas.

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Comparison of Radiation Characteristics and Radiant Quantities per unit Electrical Power between High Luminance Light Emitting Diode and Fishing Lamp light Source (고휘도 발광다이오우드와 집어등 광원의 방사특성 및 단위 전력당 방사량 비교)

  • Choi, Sok-Jin
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.41 no.6
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    • pp.511-517
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    • 2008
  • The radiation characteristics and economic efficiency of high - luminance light - emitting diodes (LEDs), a metal halide lamp, and a halogen lamp were studied to evaluate their potential as an energy-saving light source for fishing lamps. The wavelengths at which irradiance was maximum were 709, 613, 473, 501, 525, 465, 578, and 973 nm for red, orange, blue, peacock blue, green, and white LEDs, the metal halide lamp, and the halogen lamp, respectively. If the irradiance characteristics at 300-1,100 nm wavelengths are set as 100%, the irradiance rates at 381-780 nm were 99-78%, 82%, and 24% for the LEDs, metal halide lamp, and halogen lamp, respectively. The economic efficiency was superior in the order metal halide lamp, halogen lamp, peacock blue LED, and blue LED at 381-780 nm and metal halide lamp, peacock blue LED, blue LED, and halogen lamp at 480-520 nm. Based on the radiation characteristics and economic efficiency evaluated at 480-520 nm, the blue and peacock blue LED light sources can be used as energy-saving light sources for fishing lamps.

Development of Environmental Responsibility Index for the Manufacturing Industry by Emergy Analysis (Emergy 분석법에 의한 제조업의 환경친화성지수 개발)

  • Je, Yun Mi;Lee, Seong Mo
    • Journal of Environmental Science International
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    • v.13 no.4
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    • pp.349-357
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    • 2004
  • Emergy is a measure of the processes required to produce something expressed in units of the same energy form. Emergy based indices can provide insights into the thermodynamic efficiency of the process, the quality of its output, and the interaction between the process and its surrounding environment. However, in an industrial system, the inputs are mostly nonrenewable, renewable energy source is nearly zero, ultimate purpose is pursuit of profits in economic activity. In study, we present two indices based on emergy - EEE(Ecological Economic Efficiency) and ERI(Environmental Responsibility Index). The EEE is taken into account real value of product in market economy. The ERI is shown to be a function of the net yield of the economy, its ‘load’ on the environment and ecological economic efficiency. Manufacturing industry of Korea produced the 30% of total GDP in 2001. We applied these indices to manufacturing industry for environmental management and further sustainable industry. As a results, the highest ERI is 0.34 in recycling industries, the lowest ERI is 0.01 in coke, refined petroleum products which is dominated by ELR. The higher ERI, the more friendly to environment. The suggested indices help us understand relative contributions of various alternatives in company's production and consumption activity, and provide a tool of decision-making for the rearrangement of future industries. Furthermore, they contribute to environmental friendly operation and consumption.