• Title/Summary/Keyword: Economic Efficiency

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Economic Efficiency of Digital Library : A Case Study on the DLP of the National Digital Library (디지털도서관의 경제성 평가 : 국립디지털도서관 DLP 사례 연구)

  • Kim, Dong-Seok;Jo, Dong-Ho;Ko, Young-Man
    • Journal of the Korean Society for information Management
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    • v.20 no.4 s.50
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    • pp.159-193
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    • 2003
  • This study is a case study that attempt to quantify the economic efficiency of 'digital library program(DLP) of the National Library of Korea' by means of cost-benifit analysis. Results indicate that the B/C ratio is 1.70 which can be interpreted the economic efficiency of DLP is very high. Of particular significance is the fact that this study empirically proves that the digital library program is economically efficient.

A Study on Evaluation of Development Priority Order & Scheme for Redevelopment Target Area in Pusan Port (부산항 재개발 대상지의 개발우선순위 평가 및 개발방안에 관한 연구)

  • 여기태;박창호;김진구
    • Journal of Korea Port Economic Association
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    • v.18 no.1
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    • pp.61-83
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    • 2002
  • Korea has designated 28 trade ports and 22 coastal ports under the Ports Act. If fishery ports and small inlets are counted, the number amounts to hundreds of ports. However, untimely and inefficient maintenance and repair works face Korean ports with functional loss, decreasing efficiency, and even catastrophe. Thus, further examinations on the maintenance or redevelopment of forts in Korea are urgent. Since the Korean War and the higher economic growth period in the 1970s, Busan Port has developed in a variety of ways, according to the necessity of social conditions at any given time, without any development Philosophy or systematic long-term master plan. As a result, ports and coastal industrial facilities have rushed to gather around the present North Busan Port, which has taken on mixed functions between ports and cities, adversely affecting several of their interactions. To resolve these circumstances, several redevelopment schemes were suggested for centering the old zone in the Busan Port interim. However, comprehensive evaluation and redevelopment schemes combining functions of both ports and cities, and effectively utilizing coastal zones have never been presented. In this respect, this study sets the priority order of the extracted unit project. This study analyzes the existing functions and facilities of Busan Port, extracting facility zones through redevelopment which is certain to fail or to decrease in efficiency. furthermore, this study presents status and development directions of specified redevelopment unit projects of higher priority order, and pursues the integrated plan of efficiency for Busan Port.

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A Comparative Study of Use of Cephalosporins in Total Knee Replacement Surgery in Terms of Economic Efficiency (슬관절치환술 환자의 Cephalosporin계 항생제 사용에 대한 경제효율성 비교연구)

  • Cho, Dong-Sun;Song, Hyun-Ju;Park, Sung-Uk;Sohn, Uy-Dong
    • YAKHAK HOEJI
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    • v.52 no.2
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    • pp.101-110
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    • 2008
  • Total Knee Replacement (TKR) surgery is one of the invasive procedures for patients with late-stage knee joint disorders. In the present study, economic efficiency was compared between uses of the 2nd and 3rd generation cephalosporins for the prophylaxis before and after the surgery using frequency analysis in terms of various factors such as medication costs, the number of days of antibiotic use and hospitalization due to TKR surgery. The results showed that the 3rd generation cephalosporins did not reduce the infection rate and total medication costs, but rather raised antibiotic cost in comparison with the 2nd ones. A frequent use of the 3rd ones is closely related to emergence of resistant bacterial strains. Therefore, we suggest that unnecessary prescriptions for the broad spectrum antibiotics should be avoided.

Internal Factors Influencing Firm Profitability in the COVID-19 Pandemic: An Empirical Evidence from Vietnam

  • HUYEN, Le Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.8
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    • pp.81-88
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    • 2022
  • For each country, the growth of the country is significantly associated with the growth of the manufacturing industry. Especially in the early stages of development, the manufacturing industry has greatly played a great role in creating great added value for society and economic development in that country. Starting from a country with a weak manufacturing background, Vietnam is gradually opening up and integrating into the global economy, which has brought many opportunities for manufacturing enterprises in particular and the enterprise community in general, making Vietnam one of the countries with large production activities in Southeast Asia and Asia. The study evaluates the factors affecting the financial performance of manufacturing enterprises through a case study in Hanoi, Vietnam. Using a survey sample of 235 enterprises operating in production and using quantitative analysis methods, the research results show that: Enterprises with high governance quality are enterprises with high economic efficiency or enterprises with low management capacity have low business efficiency. Moreover, large-scale enterprises often have many advantages in seeking profits and improving business efficiency. Finally, the study has some recommendations to improve corporate governance and growth, create a stronger business community and contribute more to Vietnam's economic development.

Is Economic Globalization Destructive to Air Quality? Empirical Evidence from China

  • GURBUZ, Eren Can
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.15-27
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    • 2022
  • Recently, as carbon dioxide (CO2) emissions have increased overall and contributed to air pollution, and awareness of environmental degradation has grown. This study examines the impacts and causalities of economic globalization, economic growth, energy consumption, and capital formation on CO2 emissions in China over the period 1971-2014. The vector error correction model (VECM) and Granger causality test on time-series data are employed to observe the interactions between CO2 emission, economic globalization, and various economic factors, including economic growth, energy consumption, and capital formation, since China's early stage of globalization. The empirical results indicate the existence of bidirectional causalities from economic growth, gross capital formation, economic globalization, and CO2 emission to energy consumption, and bidirectional casualty from energy consumption to CO2 emission relationships in the short run. The findings of this study suggest that indirect bidirectional causalities from economic growth, economic globalization, and capital formation to CO2 emission through energy consumption are observed. Moreover, economic globalization accelerates CO2 emission in the short run but decreases it in the long run. To reduce CO2 emissions, and to ensure sustainable economic growth and economic globalization progress, some crucial energy-saving and energy-efficiency policies, regulatory rules, and laws are recommended.

Effects of zinc, vitamin and selenium additives for improving meat quality on the growth performance, carcass characteristics and economic efficiency of holstein steers (아연, 비타민과 셀레늄의 첨가가 홀스타인 거세우의 발육, 도체특성 및 경제성에 미치는 영향)

  • Cho, Won Mo;Lee, Sang Min
    • Korean Journal of Agricultural Science
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    • v.42 no.3
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    • pp.253-259
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    • 2015
  • This study was conducted to investigate the effect of different additives on the growth performance, feed efficiency and carcass characteristics in Holstein steers during 18month fattening periods. Twenty four Holstein steers, 5months of age and 176.6kg, were randomly allocated to 3 experimental groups 8 animals each for 18-months feeding trial. The groups were control (not additive), T1 (fed zinc, Vitamin C) and T2 (fed zinc, Vitamin C, Vitamin B6 and Selenium). According to feeding additives, final weight was not significantly different among the treatment groups, tended to be high at T2 group (827kg) compared to the other groups. Average daily gain was not different among the treatment groups during the experimental periods, but T2 group was significantly greater than T1 group in growing stage (p<0.05). The feed additives had no effects on DMI during experimental periods. Feed conversion ratio of T1 group in growing stage was significantly higher than those of other groups (p<0.05), average feed conversion ratio was tend to be decreased at T2 group rather compared with other groups. In the results of yield traits, carcass weight were relatively higher in T2 group than other groups (p<0.05). Rib-eye area, back fat thickness and yield index were similar between groups. In quality traits, marbling, meat color, fat color, texture and maturity were not significantly different among the groups. In economic efficiency, income was highest at T2 group as 91~393 thousand won among 3 groups.

Economical and Environmental Feasibility of Cultivation under Structure Due to the Introduction of Bio-energy -Comparative Analysis of Wood Pellets and Diesel- (목재펠릿 도입에 따른 시설재배의 경제적.환경적 타당성 분석 -목재펠릿과 경유의 비교분석을 중심으로-)

  • Yang, Jeong-Soo;Yoon, Sung-Yee
    • Korean Journal of Organic Agriculture
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    • v.21 no.3
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    • pp.335-350
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    • 2013
  • With the efforts to development of renewable energy technologies, and increasing awareness to environmental issues, the usage of wood pallets has been increasing every year since the introduction of wood pallet technology to the domestic market. until 2009, majority usage of pellet boiler was in the residential houses. In an effort to increase the distribution of wood pellet boiler to cultivation facilities with high usage of fuels, The Ministry of Agriculture and Forestry has launched a distribution project of wood pellet boiler for fuel usage as a part of the agricultural and fishery energy efficiency projects. Although only small number of farms with a heat-culturing facility have replaced from conventional boiler to pellet boiler. Although part of reason for low usage of pallet boiler is lack of understanding and information of it, the main reasons are high initial cost and uncertainty of its cost efficiency. Also, most people from agricultural industry don't realize it's significance in terms of environmental benefit due to lack of understanding in 'resource circulation' and 'adopting to climate change'. In this study, first, we did a cost-efficiency analysis of the farm which uses a diesel boiler to grow cucumber, tomato, paprika. Then we replaced the diesel boiler to a pallet boiler and measured its cost-efficiency again. By comparing the cost-efficiency of the diesel boiler with the pellet boiler, we analyzed the economic viability of pellet boiler. Then we analyzed viability of pallet boiler usage in terms of 'resource circulation' and 'adopting to climate change'. As a result of our analysis, we have found out that under the current system of government support, the energy usage varies depends of the types crops grown and the higher the energy use, the more cost efficient it is to use the pallet boiler. Also, it is economically viable to use the pallet boiler in terms of 'resource circulation' and 'adopting to climate change'.

A Measurement of Competition Power of Administration Service in Korean Seaports: DEA Approach (국내항만의 행정서비스 경쟁력측정:DEA접근)

  • Park, No-Gyeong
    • Journal of Korea Port Economic Association
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    • v.20 no.2
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    • pp.35-52
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    • 2004
  • The purpose of this paper is to measure the competition power of administration service in Korean Seaports by using the scores of customer satisfaction for administration service investigated yearly from 2000 to 2003 by Ministry of Maritime Affairs & Fisheries. And also, this paper shows the competition power of Korean seaports in terms of efficiency by using DEA(data envelopment analysis) method after measuring the change of productive efficiency scores subject to including and excluding the scores of customer satisfaction for administration service as output variable. The empirical main results of this paper are as follows: First, the efficiency scores of the Ports of Donghae, Gunsan, Jeju, Yeosu, Masan, and Pohang have worsened if the customer satisfaction score is excluded as output variable. Therefore these ports have been influenced by the score of customer satisfaction more positively. Second, the changes of the ranking order by measuring the average efficiency scores of each ports subject to including and excluding the scores of customer satisfaction for administration service as output variable are as follows: Busan(9-->7), Incheon(6-->6), Yeosu(1-->4), Gwangyang(4-->3), Masan (10-->9), Ulsan(5-->5), Donghae(8-->11), Gusan(12-->12), Mogpo(3-->2), Pohang(11-->10), Jeju(7-->8), Daesan(2-->1).

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Recent Developments and Policy Directions in Fisheries Finance in Korea (IMF 이후 한국수산금융의 현황과 정책방향)

  • 김경호
    • The Journal of Fisheries Business Administration
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    • v.32 no.2
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    • pp.1-22
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    • 2001
  • In recent years Korea fisheries have been much more influenced than ever before by domestic and foreign environmental changes such as market liberalization, sustainability, efficiency and effectiveness of domestic fisheries, fisher's welfare etc. Under the wide range of environmental changes, government is carrying out various fisheries policies. However, it seems insufficient to accomplish policy goals under the existing policy instruments. The main focus of the paper is to investigate structural changes and policy directions of fisheries finance in Korea after asian economic crisis. The results of the study are as follows; Fisheries sector in whole economy has been lowering in its proportion. To survive in emerging global competition, fisheries sector is needed structural reformation. In particular the strategy that increases operative efficiency and effectiveness on government financial policy in fisheries sector is much expected. Also, it is necessary to minimize costs, to reform institution and management for increasing efficiency and effectiveness.

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A Study on the Export and Import Public Notification System for Efficiency of Trade Item Management (수출입품목관리 효율화를 위한 수출입공고제도에 관한 연구)

  • Lee, Je-Hong
    • International Commerce and Information Review
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    • v.10 no.2
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    • pp.265-282
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    • 2008
  • This article is a study on the A Study on the Export and Import Public Notification System for Efficiency of Trade Item Management. The purpose of this article shall be studies to the trade control regulation in korea foreign law. this article are two most important elements in strategic item and rule of origin. that is, economic profit and nation industries protect have been obtain trade control system. The trade public notification system achieve efficiency of trade item control and nation industry development and domestic customer protect and trade order for trade system and control scheme. Therefor, The Result of the article is review to protection of domestic.

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