• Title/Summary/Keyword: Economic Estimation

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The Estimation of Temporal Change Patterns associated with Economic Growth and Urban Areas in a Border Region using DMSP-OLS Nighttime Imagery Data: The Case Study of Jilin Province, China (DMSP-OLS 야간영상자료를 이용한 접경지역의 경제성장과 시가지 면적의 시계열 변화 패턴 추정: 중국 지린성을 사례로)

  • Kim, Minho;Joh, Young-Kug
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.4
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    • pp.458-471
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    • 2019
  • DMSP-OLS nighttime satellite imagery could be used to derive the sum of lights (SOL) and built-up area, and the two indices have been widely employed to make the estimation of socio-economic variables and the dynamics of urban developments. Considering it, this research investigated the spatiotemporal patterns of economic growth and urbanized area in Jilin Province, China, using DMSP-OLS data for a time span between 1992 and 2012. This study found the SOLs of both the province and most cities to tend to grow during the period. While SOL-weighted centroids' means moved towards northwestern direction, urban-area centroids' means followed the trend of south-eastern migration. These directional patterns could be associated with the Northeast Revitalization Plan of Chinese governments. Nonetheless, a future study will need to consider SNPP VIIRS DNB imagery in order to overcome temporal limitation of DMSP-OLS data. In addition, it is also necessary to estimate socio-economic indices, e.g., growth regional domestic product, using a regression model developed with correlation relationship between economic statistics ad SOL.

The Estimation and Economic Evaluation of Fisheries Benefit in Jeju Trial Sea Farm Project (제주 시범바다목장사업의 어업편익 추정과 경제성 평가)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.44 no.3
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    • pp.29-46
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    • 2013
  • The purpose of this study is to evaluate the economic validity of artificial reefs facilities and seeds release programs in Jeju Trial Sea Farm Project for raising fishing people's revenue. The results of this study show the artificial reefs facilities and seeds release programs have net present value of 15,962.63 million won, internal rate of retrurn 13.86%, and benefit-cost of 1.912 under a 5.5% social discount rate. This suggests that in Jeju trial sea farm project, artificial reefs facilities and seeds release programs increase fisherperson's revenue.

A Study on the Estimation of Economic Consequence of Severe Accident

  • Hong, Dae-Seok;Lee, Kun-Jai;Jeong, Jong-Tae
    • Proceedings of the Korean Nuclear Society Conference
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    • 1996.11a
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    • pp.409-414
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    • 1996
  • A model to estimate economic consequence of severe accident provides some measure of the impact on the accident and enables to know the different effects of the accident described as same terms of cost and combined as necessary. Techniques to assess the consequences of accidents in terms of cost have many applications, for instance in examining countermeasure options, as part of either emergency planning or decision making after an accident. In this study, a model to estimate the accident economic consequence is developed appropriate to our country focused on PWR accident costs from a societal viewpoint. Societal costs are estimated by accounting for losses that directly affect the plant licensee, the public, the nuclear industry, or the electric utility industry after PWR accident.

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Dissecting Gains from Trade: Changes in Welfare Cost of Autarky

  • Kharel, Paras
    • East Asian Economic Review
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    • v.22 no.3
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    • pp.275-306
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    • 2018
  • Amid a general rise in protectionism and a trade war between the world's two largest economies, this paper analyzes changes in gains from trade for the world over a decade marked by rapid global economic integration preceding the global financial crisis of 2007-08. It employs state-of-the-art quantitative trade models based on the gravity equation to estimate autarky gains from trade, as well as a recently introduced ANOVA-type structural estimation of the gravity equation to obtain trade costs free of residual trade cost bias. Between 1995 and 2006, the cost of moving to autarky increased by about 45% on average. A decomposition exercise suggests most of the increase in autarky gains from trade on average was due to increases in import shares in total spending, with a limited role for reallocations of spending across sectors with varied trade elasticities. Changes in trade costs between 1995 and 2006 are found to have increased autarky gains from trade, as measured in 2006, by up to 100%.

A study on the Distribution Estimation of Residental Refrigerators using Bass Diffusion Model and Economic Analysis Corresponding to Enhancement of Energy Efficiency (Bass 확산모형을 이용한 가정용 냉장고의 보급추정 및 효율향상에 따른 경제성 분석 연구)

  • Baek, Jung-Myoung;Won, Jong-Ryul;Lee, Byung-Ha;Kim, Jung-Hoon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.11
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    • pp.1938-1945
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    • 2008
  • Due to rapid economic growth, the usage of residential cooling electrical appliances such as air conditioners and refrigerators has increased dramatically for the last decades. In other to reduce its energy consumption, the authorities have applied energy efficiency standards for principal appliances, including refrigerator. This paper estimates the distribution of refrigerators using the Bass Diffusion Model and then performs economic analysis corresponding to enhancement of energy efficiency more correctly than existing methods.

The application of the Intuitive Method to Evaluate Feasibilities of Railway Project (철도사업에의 직관적 타당성 평가모형 적용)

  • Kim, Hyun-Woong;Hyeon, Jae-Myeong
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.437-441
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    • 2010
  • The SOC project such as road and railway performs a preliminary feasibility study according to the priority of the individual projects after establishing the master plans. For a preliminary feasibility study, feasibility evaluation should be performed according to the transport demand estimation and economic analysis. The feasibility of individual project will be performed by focussing on the results of analyzing economic feasibility. In case that analysis of the traffic demand and the economic feasibility every phase is performed, a lot of time and expense will be required in the course of promoting projects. So this study could give help to determine the priority of the project by intuitive method only in the phase to establish the master plan and a preliminary feasibility study.

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Optimal Demand for Road Investment (도로부문의 적정 투자규모 추정)

  • 김의준
    • Journal of the Korean Regional Science Association
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    • v.13 no.2
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    • pp.75-92
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    • 1997
  • This paper is concerned with an estimation of optimal investment of road sector in 1996-2005. The main method is a Computable General Equilibrium (CGE) Model for Korea in which the optimal solution is derived in a recursively dynamic path. The model is composed of three main modules: the supply, the demand and the price. In this paper, the investment demand for the road is optimized with subject to national economic growth and price inflation. If the annual inflation level and the economic growth rate during 1996-2005 are set to 4.5%-5.0% and 6.0%-6.5% respectively, the optimal demand for the road investment is estimated as 155.1-180.1 trillion Won or 3.33%-3.89% of the GDP for ten years. It implies that the additional increase of the road investment by 0.61%-1.15% of the GDP is required for sustainable economic development, since the share of the road investment in the GDP of the latest 5 years has stayed around 2.27%. However, it is necessary to reduce construction investments on housing as well as to promote private financing of the road in order to maximize an efficiency of resource allocation.

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Cost-benefit Analysis for Noise Barrier and Low Noise Pavement (방음벽 및 저소음 포장에 대한 비용/편익 분석)

  • Jo, Youn-Hee;Son, Jung-Gon
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2011.04a
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    • pp.502-507
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    • 2011
  • A study on environmental noise hasn't fully researched yet. As society has developed and the quality of life has improved, people started to show a concern about an environmental noise. To ensure a economic feasibility of countermeasures of noise, it is necessary to apply a cost-benefit analysis on choosing optimum measurements. In this study, we addressed the estimation method of the environmental noise value and several domestic and oversea case studies. We also estimate economic value of noise reduction level which is gained from applying noise reduction measurements.

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