• Korean Journal of Human Ecology
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• v.13 no.6
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• pp.903-915
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• 2004

Now in Korea, many factors-for example, unemployment rate rise, consumer prices, corporate restructuring, etc.-are threatening family economy. Thus many households are faced with an economic crisis. In this circumstances, it is the role of households as a subsystem of family system to keep family and household economy stable for the sake of family growth and development. Economic well-being is differentiated by criterion of household economic status. But it has a large scale of spectrum: household income, asset, consumption, debt and the like. Moreover, these indices have been understood and measured differently by many researchers. In this thesis, we made efforts to distinguish subjective satisfaction from objective satisfaction, and then focus on the former. The data were collected from 399 housewives living in Pusan through questionnaires.

• Agribusiness and Information Management
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• v.12 no.1
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• pp.6-16
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• 2020

This is a summary of a comparative study of the national policies to foster the agri-food industry implemented by the leading countries of the industry before and after the COVID-19-induced global economic crisis. By comparing the policies of each country, we discovered that key leading countries of the agri-food industry had given up or suspended one-on-one, face-to-face support programs that they had maintained for years, and have started providing financial assistance to companies or self-employed people in relative industries. Korea should implement such decisive policies for the Korean agri-food industry to tackle this unprecedented economic shrink and maintain the competitiveness of the industry. Considering the scale and speed of the spreading of the pandemic, the new policies should be implemented swiftly and boldly. This study can be used as a base material for developing new policies to minimize damage to the agri-food industry and national economy caused by COVID-19.

• Environmental and Resource Economics Review
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• v.9 no.5
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• pp.973-997
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• 2000

The carbon tax is one of several measures to reduce the green-house gases emitted from burning the fossil fuels, which has been much discussed internationally. The analyses of the effects of a carbon tax on individual countries have been carried out by applying the computable general equilibrium(CGE) models, especially models with the assumption of non-existence of scale economies. However, the introduction of scale economies to CGE models changes the simulation results drastically. In this paper, two CGE models are used to compute and compare the economic and $CO_2$ reduction effects of a carbon tax, one of with is the model with scale economies and the other is without scale economies. One of main results is that the analysis using the CGE model without scale economies may underestimate the effects of a carbon tax on GDP and reducing the emission of $CO_2$.

• Ocean and Polar Research
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• v.26 no.2
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• pp.187-197
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• 2004

The purpose of this paper is to investigate economic feasibility of manganese nodules in Korea area (Clarion-Clipperton Fracture Zone). We assumed that the production scale of manganese nodules were 3.0MT or 1.5MT and analyzed that the capital cost and operating cost were estimated in the four sectors, exploration, mining, transportation and metallurgical process. The capital cost and operating cost evaluation reflects the latest technical practices. First, for analyzing economic feasibility, the scenario suggests that the production of 4 metals can be made for 25 years. Assuming the discount rate at 8.0%, equity capital at 50% and tax at 27%. When manganese nodule were mininged 3.0 MT, economic feasibility analyses showed that IRR was 12.8 and pay-back period was 9.2 years, and when manganese nodules were mininged 1.5 MT, economic feasibility analyses showed that IRR was 4.0 and pay-back period was 11.8 years. This study indicated there is economic validity of at the product of manganese nodules 3.0 MT. In addition, we carried out a sensitivity analysis at the change of cobalt price on mining 1.5 MT. The result of sensitivity analysis clearly showed that economic validity is high at increasing of cobalt price 50% up.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.1
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• pp.51-58
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• 2017

The aim of the study is to assess the asymmetry of influence of factors of economic growth of national economies, which are included in the integration. Unlike previous research, the scientific significance of the obtained results consists in the use of a new method of study - external demand as a factor of economic growth, disaggregated into two components. The first is net exports mutual trade in goods within integration associations. The second is net exports of foreign trade in goods outside the integration. By use of these methods we have evaluated the contribution of these factors on economic growth of the Customs Union and the Common Economic Space (CU/CES), as well as Kazakhstan, Russia and Belarus. In the conducted analysis of scientific research was based on the fact that the economies of the member (CU/CES) are very different in scale, economic potential and volume of foreign trade. Based on this research we conclude: integration is developing successfully and efficiently only with the rise of the national economies of the member countries; to enhance economic growth and competitiveness of the countries of the Eurasian integration it is necessary to increase the volume of mutual trade of member countries of this integration.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.3
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• pp.49-56
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• 2022

ROK Navy intends to secure the Korean-type aircraft carrier in order to effectively prepare for various future security threats. In general, the Korean national competency is considered to be at the level of having an aircraft carrier, but it is unclear what scale aircraft carrier would be appropriate. In this study, the efficiency was evaluated through the relative comparison between national competency(national power, economic power) and the scale of aircraft carriers, and the optimal scale of the Korean-type aircraft carrier that could be acquired was presented. A DEA(Data Envelopment Analysis) model was applied to aircraft carriers(19 aircraft carriers in 11 countries) currently in operation and scheduled to be possessed in the world. As input variables, CINC(Composite Index of National Capability) and GDP(Gross Domestic Product), which are the most widely used as indicators of national and economic power, and as output variables, the full-load displacement, length, and width of aircraft carriers were selected. ARIMA(short-term within 5 years) and simple regression(long-term over 5 years) were used to estimate the future national competency of each country at the time of aircraft carriers acquisition. The relative efficiency score of the Korean-type aircraft carrier currently being evaluated is 1.062, and it was evaluated as small-scale aircraft carrier compared to the national competency. Based on Korean national competency, the optimal scale of the Korean-type aircraft carrier calculated by aggregating benchmark groups, is 58,308.1 tons of full-load displacement, 279.4m in length, and 68.3m in width.

• Economic and Environmental Geology
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• v.47 no.2
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• pp.133-146
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• 2014

There are many studies for the economic impact assessment of natural disasters, but there are few for volcanic disasters. Domestic academic research is not under active discussion because of the lack of national and social interest for volcanic eruption. This study investigated the research methodology for the economic impact assessment of natural disasters and discussed whether these can be applied to the economic impact analysis for the Baekdu Mountain volcanic disaster. The main findings are as follows: Firstly, Asia-Pacific region is the most affected by natural disasters and has the largest scale of damage. Asian and American Continent have the most economic damage. Secondly, Considering the types of damage caused by natural disasters and its complex structure, several methodologies that could be possible to estimate economic consequential damages have been compared. When applying each methodology to the Baekdu Mountain volcanic disaster, the scale of damage is likely to be over-estimated or under-estimated because of model-specific features. Thus, estimated values should be compared to each other after calculating the damage results. Thirdly, Japanese academic research on the volcanic disaster will be used as the starting point of the economic impact assessment studies for Baekdu Mountain. Using computer SW such as Hazus which is used in United States and RiskScape from New Zealand is also a good method to predict economic impact of the Baekdu Mountain volcanic disaster.

• Journal of Energy Engineering
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• v.14 no.2 s.42
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• pp.123-132
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• 2005

An economic feasibility study is performed for the wind power generation with the examination of the wind speed and its distribution at Daekwanryung at which a wind fm is under construction. In this analysis, the distribution of wind speed is the key issue. The wind distribution which is usually expressed in terms of Weibull distribution with shape factor and scale factor needs to be reexamined to find the proper values of them according to the empirical wind speed data. After this kind of analysis is done, annual power generation of wind is calculated. Due to the lack of cost information, we applied EWEA data instead or the actual information from the site. The result would be of use to determine the 'reference price' of wind power under the current system of 'compensating subsidy for renewable power generation'.

• 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.

• International Area Studies Review
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• v.18 no.3
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• pp.3-21
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• 2014

The OECD DAC has recommended the member countries to raise the ODA budget by 0.7% of GNI. Most of DAC's members, howver, have not reached at the target level, mainly due to global economic crisis, with some exceptions in Northern Europe countries. Korea has increased the ODA budget allocation dramatically, but she could not still meet even the level 0.3%, which is the average level of DAC countries. In terms of national budget operation, DAC country groups are classified as the international norm type and the self-economic dependence type. And then, this study analyzes the time trends of the ODA budget in Korea, comparing with DAC's members on the economic scale. By forecasting Korean ODA budgets by country-type classifications, the optimal size of Korean government's ODA budget is proposed and discussed.