• Title/Summary/Keyword: Economic Estimation

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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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A Study on the BIM Data Guidelines for the Review of Constructability and Economic Evaluation of Apartment Houses (공동주택 시공성 검토 및 경제성 평가를 위한 BIM 데이터 구축 가이드라인 작성에 관한 연구)

  • Lee, Hae-Chan;Kim, Jin-Man;Lee, Dong-Gun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.149-150
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    • 2019
  • Recently, major public owner and general contractors in Korea are actively preparing and improving BIM manuals and guidelines to effectively apply BIM technology in construction projects. These guideline has a purpose to define the scope of the applying BIM technology to each construction phase and to explain the minimum technology guidance required for the initial stage. In situations where BIM data are to be submitted within a limited time and cost at the design stage, a BIM data preparing process should be carried out in advance to meet the BIM interoperability between the pre and post of construction precess. In this research, we propose the scope of the BIM guidelines to meet and to be considered for the BIM based review of constructability and economic evaluation of Apartment.

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An Estimation of the Economic Life Expectancy of the Building Service Equipment with LCC Analysis (LCC 분석을 통한 공조설비 내구연한 산정)

  • Kang, Sung-Ju;Kim, Yong-Ki;Lee, Tae-Won
    • Proceedings of the SAREK Conference
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    • 2007.11a
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    • pp.316-321
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    • 2007
  • It is difficult for a superintendent or an operator of building service systems and equipment to decide the reasonable time for management of himself due to the shortage of his specialty for repair or replacement of a part of or whole equipment. But The reliable life expectancies for various building service equipment have not been prepared yet. This study shows the difference of optimal economic life and the decrease of running cost and energy consumption according to management level of the building equipment by the LCC analysis. The numerical model for building HVAC system was composed and analyses were performed for several parameters with management.

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Regional Level of Inclusive Development

  • Shashyna, Maryna V.;Butko, Mykola P.;Tulchynska, Svitlana O.
    • International Journal of Computer Science & Network Security
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    • v.21 no.5
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    • pp.133-138
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    • 2021
  • The concept of inclusive development provides equal opportunities for all participants in access to the labor market and resource allocation. This concept emphasizes the equality of human capital, the ecological state of the environment, social protection and food security. This concept is fundamentally different from the standard perception of economic growth, because it has broader goals than simply increasing incomes and GDP. It rejects the position that positive results are an automatic consequence of growth; here the basic condition is human development and increase of its well-being, reduction of poverty. Therefore, it is not the result of distribution that becomes primary, but the involvement in the process of social reproduction. An alternative system of characterization of the country's position according to the resulting indicator of the Inclusive Development Index was presented at the World Economic Forum in Davos. In this research the methodical development of the system of estimation of the index of inclusive development for regions of the NUTS 4 level of the European classification is resulted.

A Study on Establishing the Evaluation System of the Stock Enhancement Program (수산자원조성사업의 합리적인 평가체계 도입 방안에 관한 연구)

  • Kim, Dae-Young;Ryu, Jeoung-Gon;Lee, Jeoung-Sam
    • The Journal of Fisheries Business Administration
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    • v.41 no.1
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    • pp.1-24
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    • 2010
  • The main goal of the study is to propose an objective and standardized evaluation system of stock enhancement programs. In order to achieve this goal, the study first suggested the need for stock enhancement program evaluation system through the review of current status and problems. Second, the study identified possible problems of the existing stock enhancement program evaluation by reviewing domestic and foreign evaluation systems. Finally the study proposed a new evaluation system and implementation plan of it. This study also classified the program evaluation criteria into ex-ante evaluation and ex-post evaluation according to the evaluation point in time, and applied the economic, political and technical feasibility tests into the evaluation of the stock enhancement program in order to solve the current problems of the evaluation. The evaluation process of the stock enhancement program is composed of an evaluation system design, estimation of weights using the analytical hierarchy process, design of estimation standard, conversion of scores and final summary of the evaluation. The central government takes the lead in the evaluation of the regional (metropolitan city or province) projects and the regional government is in charge of the evaluation of the local (city or county) projects. For the implementation of the ex-ante evaluation, either the regional or local governments ask for the evaluation and then submit an evaluation plan and other necessary documents to the upper level governments. The ex-post evaluation is then carried out by the upper level governments.

Effects of Technology and Innovation Management and Total Factor Productivity on the Economic Growth of China

  • LEE, Jung Wan;XUAN, Ye
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.63-73
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    • 2019
  • The paper aims to investigate relationships between technology and innovation management, total factor productivity and economic growth in China. By comparing the trends in total factor productivity growth of industrialized economies (i.e. OECD), this study intends to showcase the importance of total factor productivity progress in the Chinese economy. The study employs time series data of an annual basis for the period from 1977 to 2016 retrieved from the World Development Indicator. The study employs unit root test, cointegration test, fully modified least squares estimation method, canonical cointegrating regression and dynamic least squares estimation method to test the hypotheses. The results of the cointegrating regression analysis show that manufacturing growth leads to an increase of total factor productivity in the short-run in China. The findings of the study suggest that manufacturing (i.e. technology and product innovation) is positively related to the increase of total factor productivity in the short-run and total output growth in the long-run. The findings suggest that promoting technology and innovation management and supporting R&D subsidies may reduce the marginal cost of conducting R&D and increase the rate of technology and innovation management and R&D activity and therefore, the total factor productivity growth rate.

Study on Estimation Methods of Life Cycle GHGs Emission for the Mine Reclamation Project (광해방지사업의 전과정 온실가스 배출량 산정방법에 대한 연구)

  • Kim, Soo-lo;Kwak, In-Ho;Wie, Dae-Hyung;Park, Kwang-ho;Baek, Seung-Han
    • Economic and Environmental Geology
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    • v.54 no.6
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    • pp.733-741
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    • 2021
  • Globally, in accordance with the goals set forth in the 2015 Paris Climate Agreement, each country has established and declared a reduction target for carbon neutrality by 2050. The roadmaps for establishing long-term greenhouse gas emissions development strategies and setting reduction targets have been announced. As the international community accelerates the transition to the net-zero society, 128 countries have declared net-zero by the end of 2020, and the net-zero declaration continues to expand around G20 member states. In December 2020, Korea announced the "2050 Net-zero Strategy" to establish a foundation for simultaneously achieving carbon reduction, economic growth, and improved quality of life for the people through active response to the net-zero, and pursuing policy tasks in stages to do this. Comprehensive carbon management is insufficient due to the lack of comprehensive carbon management due to the departure from the areas of mandatory reduction, such as the GHG energy target management system and the GHG emissions trading offset system implemented to reduce greenhouse gases in Korea. Currently, there is no cases for estimation or calculation of carbon dioxide emissions for the Mine Reclamation projects. It is reviewed the standard methods proposed by domestic and foreign carbon emission calculation methods and proposed appropriate carbon emission estimation methods for the Mine Reclamation projects in this study.

An Estimation on Average Service Life of Public Buildings in South Korea: In Case of RCC (우리나라 공공건물의 내용연수 추정: RCC를 중심으로)

  • Jung-Hoon Kwon;Jin-Hyung Cho;Hyun-Seung Oh;Sae-Jae Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.1
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    • pp.84-90
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    • 2023
  • ASL estimation of public building is based on how appropriate the maximum age of the asset is derived based on the age record of the asset in the statistical data owned by public institutions. This is because we get a 'constrained' ASL by that number. And it is especially true because other studies have assumed that the building is an Iowa curve R3. Also, in this study, the survival rate is 1% as the threshold value at which the survival curve and the predictable life curve almost coincide. Rather than a theoretical basis, in the national statistical survey, the value of residual assets was recognized from the net value of 10% of the acquisition value when the average service life has elapsed, and 1% when doubling the average service life has elapsed. It is based on the setting mentioned above. The biggest constraint in fitting statistical data to the Iowa curve is that the maximum ASL is selected at R3 150%, and the 'constrained' ASL is calculated by the proportional expression on the assumption that the Iowa curve is followed. In like manner constraints were considered. First, the R3 disposal curve for the RCC(reinforced cement concrete) building was prepared according to the discarding method in the 2000 work, and it was jointly worked on with the National Statistical Office to secure the maximum amount of vintage data, but the lacking of sample size must be acknowledged. Even after that, the National Statistical Office and the Bank of Korea have been working on estimating the Iowa curve for each asset class in the I-O table. Another limitation is that the asset classification uses the broad classification of buildings as a subcategory. Second, if there were such assets with a lifespan of 115 years that were acquired in 1905 and disposed of in 2020, these discarded data would be omitted from this ASL calculation. Third, it is difficult to estimate the correct Iowa curve based on the stub-curve even if there is disposal data because Korea has a relatively shorter construction history, accumulated economic wealth since the 1980's. In other words, "constrained" ASL is an under-estimation of its ASL. Considering the fact that Korea was an economically developing country in the past and during rapid economic development, environmental factors such as asset accumulation and economic ability should be considered. Korea has a short period of accumulation of economic wealth, and the history of 'proper' architectures faithful to building regulations and principles is short and as a result, buildings 'not built properly' and 'proper' architectures are mixed. In this study, ASL of RCC public building was estimated at 70 years.

An Empirical Study on the Effect of Local Festivals on Economic Growth (지역 축제의 경제성장 효과에 관한 실증분석)

  • Kim, Youngduk
    • Journal of the Korean Data Analysis Society
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    • v.20 no.6
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    • pp.2981-2991
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    • 2018
  • The purpose of this paper is to examine the effect of local festivals on regional economic growth through empirical analysis of festival - economic growth relation. Theoretically, the theory of creative city is at the center of the discussion as to how festivals can influence economic growth. We used the regional convergence equation and used pooled OLS, fixed effect model, and GMM estimation method to analyze the effect of festivals on regional economic growth. According to this empirical analysis, the effect of festival variables such as the number of festivals and the festival period on economic growth has not been affected. This suggests that the effects of festivals on productivity and efficiency have not existed. This implies that the creative city theory that local festivals influence regional economic growth does not work well.

Grid Voltage Estimation Scheme without Phase Delay in Voltage-sensorless Control of a Grid-connected Inverter (전압센서를 사용하지 않는 계통연계 인버터의 제어 및 위상지연을 개선한 계통전압 추정 기법)

  • Kim, Hyun-Sou;Kim, Kyeong-Hwa
    • The Transactions of the Korean Institute of Power Electronics
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    • v.22 no.1
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    • pp.89-93
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    • 2017
  • This study proposes a grid voltage estimation scheme without a phase delay in the voltage-sensorless control of a grid-connected inverter to enhance its economic feasibility, such as manufacturing cost and system complexity. The proposed scheme estimates grid voltages using a disturbance observer (DOB)-based current controller to control the grid-connected inverter without grid-side voltage sensors. The proposed voltage-sensorless control scheme can be applied successfully to grid-connected inverters, which should be operated with synchronization to the grid, considering the phase angle of the grid can be effectively detected through estimating the grid voltages by DOB. However, a problem associated with the phase delay in estimated grid voltages remains because the DOB has dynamic behavior similar to low-pass filter. Hence, the estimated grid voltages are compensated by a phase lead compensator to overcome the limitation. The effectiveness of the proposed control and estimation schemes is proven through simulations and experiments using a 2 kVA prototype inverter.