• Title/Summary/Keyword: Economic impact analysis

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위험도 분석을 이용한 철도투자사업 경제성평가 적용방안 (Application of Risk Analysis for Economic Evaluation of Railroad Investments)

  • 이호;서선덕
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2001년도 춘계학술대회 논문집
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    • pp.44-51
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    • 2001
  • To account for uncertainties involved in an economic analysis of project, sensitivity analysis are usually being done in Korea. Though useful for policy analysis, but it larks explicit consideration of probability of occurring certain events considered in the sensitivity analysis. Risk analysis otherwise can explicitly account for the probability of certain event which has dire impact on project viability, such as cost, discount rate, and size of benefit. This paper reports experience of applying risk analysis method for economic evaluation of railroad investment. Probability distribution of event has paramount impact on the risk analysis results, while not many prior researches dealt with these issues. Probability distribution of rolling stock cost and operating cost, in addition to those cost variables, are developed considering railway demand in this study. Case study results are reported. Issues in applying risk analysis are reported in addition to further research direction.

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원자력발전소(原子力發電所)가 지역(地域)의 생산(生産), 소득(所得)과 고용(雇傭)에 미치는 효과(效果) 분석(分析) (Regional Production, Income and Employment Impact of Nuclear Power Plant)

  • 신용인;양광남
    • 농업과학연구
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    • 제23권2호
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    • pp.272-284
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    • 1996
  • The present study has quantitatively assessed the regional production, income and employment impact resulting from the construction and operation of nuclear power plant (NPP) upon the domestic local areas by applying the regional input-output analysis model to the case of Wolsong unit-l site. The conclusions regarding the most likely regional economic impacts upon the wolsong site are summarized as follows: 1. The income multipliers are calculated to be 1.563 for the construction phase and 1.500 for the operation phase. These values are relatively high compared with those of other conventional facilities. 2. The level of total employee's wage induced employment associated with the construction phase has been estimated to be 37,000 while that with the operational phase in 1990 to be 5,610. 3. With relation to the aspect of resident welfare it is found that the industrial sector associated with electricity, gas and water supply have remarkably improved with the construction of the NPP. 4. The NPP siting has induced substantial changes in interindustry (input-output) structures of the Wolsong unit-l site which is one of the rural areas where all the domestic NPPs are sited. Such changes are attributed to the industrial recomposition of the region. 5. With the application of other regional economic analysis models and the use of more sufficient regional data, other detailed studies on the economic impact analysis of domestic NPP-related facility sitings are suggested to be carried out further since the influence of NPP sitings is significant to the national economic impact as well as the regional economic impact.

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건축의 경제적 요인과 특성에 관한 연구 (A Study on the Economic Factors and Properties in Architecture)

  • 이동헌
    • 한국주거학회논문집
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    • 제16권2호
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    • pp.45-53
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    • 2005
  • Korea has recently experienced a large change in civil architecture and urban environment. However most of civil architectures and urbanization have been accomplished without considering economic efficiency and impact. This study focuses primarily on an analysis on the relationship between architecture and economic efficiency through the foreign and domestic case studies. Secondly, it is going to elucidate the economic properties on Korean architecture recently established. With perspectives of the analysis, we need to consider the following factors in the production of architecture; labor intensive industry, seasonal industry, strong and domestic demand.

The Effects of Attitude, Subjective Norm, and Behavioral Intention on Perceived Values in Traditional Marketplaces

  • YANG, Jae-Jang;AHN, Sun-Choung
    • 유통과학연구
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    • 제18권10호
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    • pp.25-38
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    • 2020
  • Purpose: Traditional markets have served as important locations for social-cultural and economic activities. It is a hub of economic transactions and where people gather and exchange information and goods, while also serving as the center of social activities, including commercial exchanges. Accordingly, this study aimed to contribute to the studies on the perceived value in traditional markets for customers in different aspects. Research design, data, and methodology: To analyze the proposed model, data was collected from 456 respondents and analyzed with SPSS 21.0 and AMOS 21.0. The data was analyzed with structural equation modeling (SEM) using path analysis. Results: According to the results of the analysis, the perceived value comprises utilitarian value, emotional value, economic value, and social value, all of which had a positive impact on attitude. Emotional value and social value had a positive impact on subjective norms, while utilitarian value and economic value did not have an impact on subjective norms. Also, attitudes and subjective norms were found to have a positive impact on behavioral intention. Conclusions: Through this study, the value that the traditional markets need to provide to consumers have been identified. Traditional markets should develop into places that can provide value for their consumers.

연구성과(outcome) 관점에서 지질지원 분야 연구개발의 경제적 파급효과 분석 방법론 적용 (A Study on Application Methods to Economic Impact Analysis on R&D of Geoscience and Mineral Resources in Input-Output-Outcome Perspective)

  • 안은영;김성용
    • 자원환경지질
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    • 제39권6호
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    • pp.787-801
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    • 2006
  • 본 연구에서는 사적 이익을 추구하는 기업의 연구개발이라기 보다는 민간이 담당하기 어려운 분야인 기초 원천, 공공복지 및 공유성 기술(Generic Technology)의 특성을 가지는 지질자원분야의 특성에 주목하여, 공공연구개발 및 사업의 경제적 파급효과 분석 방법론을 살펴보고 연구성과(outcome)의 관점에서 지질자원 분야의 경제적 파급효과의 적용 방법론 을 제안한다. 경제적 파급효과 분석 방법론으로 먼저 기존에 공공사업의 타당성을 평가하기 위해서 시행되고 있는 비용편익분석 방법론을 살펴보고 연구개발사업의 경제성 분석 이론으로 전통적인 경제 이론에 기반한 방법과 가치평가이론을 살펴보았다. 지질자원 분야를 포함한 공공연구개발의 경제성 파급효과 분석을 위해서는 계량화 할 해당 연구개발의 성과(outcome)를 도출해야 한다. 이를 위해 연구성과 흐름지도(Input-Output-Outcome Roadmap)의 작성을 제안한다. 그리고 경제적 파급효과 분석 방법론을 적용하기 위해서 연구개발의 성과물인 이론 및 방법론의 가치직접 산정하는 방법과 실행 사업과의 연계를 통해 간접적인 방법의 적용 방법론의 고려가 필요하다. 실행 사업과의 연계를 통해 간접적인 방법은 연구개발의 결과 사업이 시행된다는 가정 하에 이후 실시되는 사업으로 발생하는 편익의 일정분으로 연구개발의 편익을 산정하는 방법과 연구개발의 실시 유무와 관계없이 이후 개발사업이 진행된다는 가정하에 사업 시 발생하는 비용의 저감분 및 편익의 증가분으로 연구개발의 편익을 산정하는 방법으로 구분된다.

u-City 구축사업의 지역경제적 파급효과에 관한 연구 (Regional Economic Impacts Induced by u-City Construction in Wha-sung and Dong-tan City)

  • 이헌영;최예술;임업
    • 한국IT서비스학회지
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    • 제11권4호
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    • pp.25-37
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    • 2012
  • In recent year, the u-City construction projects which integrate IT technology into urban infrastructures are being pushed forward by many local governments. These projects contain various purposes in an aspect of regional economy : to reinforce a competitiveness of region by increasing efficiency of urban managements and to revitalize regional economy by stimulating the regional high-tech industries that related to u-City construction. In this context, regional economic impact assessment of u-City construction projects is particularly important because, it give us information about effectiveness of u-City construction policy as a stimulus of regional high-tech industries and the policy feasibility of u-City construction projects that can be a base of public projects. However, it is challenging to assess the impact of u-City projects on regional economy properly due to a lack of understanding about industrial classification, and specific industrial inputs related to u-City construction. In this study, we suggest u-City industrial classifications, and specific-industrial inputs induced by u-City construction projects based on associated legislations, business report for a u-City construction, and results from previous studies. Using these classification and industrial input, we also investigate the regional economic impacts of a u-City construction project in Wha-sung and Dong-tan cities employing Input-output analysis. The empirical results suggests that u-City industries have relatively high in production inducement, and value added inducement compared to input of other industrial sectors. These results indicate that regional economic impact of a Wha-sung and Dong-tan u-City construction project are relatively high, but economic impacts of u-City construction projects vary according to the regional industrial structure, and the specific expense accounts of u-City construction projects.

The Impact of the Characteristics of Economic Cooperation on Customer Value and Enterprise Performance in Korean Electronic Industry: Focus on the Economic Cooperation Between China and South Korea

  • Li, Zhou-Yang;Liu, Zi-Yang
    • 한국컴퓨터정보학회논문지
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    • 제24권6호
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    • pp.45-55
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    • 2019
  • The purposes of this paper is to draw a conclusion on the impact of the characteristics of economic cooperation between china and south korea on customer value and enterprise performance in the korean electronics industry. In this paper, product reliability and product innovation are especially used as analytical factors, and this paper used a survey of 293 internal employees working in the electronics industry for analyze, and structural equation model(SEM) was used to analyze the data. The results of the research analysis are summarized as follows. First, it was found that the characteristic of economic cooperation in the research model has a significant effect on the product reliability. Second, it was found that the characteristics of economic cooperation have a significant effect on the products innovation. Third, the products reliability has a significant impact on customer value, while the products innovation has not affected customer value. Finally, it was found that the customer value of the korean electronics industry also has a significant impact on the Enterprise performance. As a good development alternative to this research, there is the ultimate goal of hoping that corporate managers will help to create new good values. To this end, we hope it will be helpful as we have made necessary suggestions to establish the desired direction of the Korean electronics industry operator.

The Impact of Technology Transfer on Economic Development in the 4.0 Era: Empirical Evidence from the Agriculture and Rural Sector in Vietnam

  • TRAN, Quang Bach;NGUYEN, Thi Yen
    • The Journal of Asian Finance, Economics and Business
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    • 제9권5호
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    • pp.261-272
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    • 2022
  • Agriculture and the rural sector play a crucial part in Vietnam's socio-economic growth. The study's goal is to see how technology transfer from young intellectual research activities affects the economic evolution of Vietnam's agriculture and rural sector in the 4.0 technology era. The research has used a quantitative method through analysis of linear structural model SEM, with a survey scale including 480 samples that are managers in departments and branches in agriculture and rural sector in the provinces in Vietnam. Research results show that technology transfer from research activities of the young intellectual has a direct and positive impact on economic development in agriculture and rural sector. This level of impact will increase with the participation of the intermediary factors such as awareness of managers, trust, and mechanisms in the mobilization and use of resources. These results contribute to both theoretical and practical aspects when proving the impact of technology transfer from the research activity of the young intellectual to the economic development in the field of agriculture and rural sector in the 4.0 era and the mediating role of awareness of managers, trust and mechanisms in the mobilization and use of resources.

Assessing the Economic Impact of Covid-19 through a Counterfactual Analysis

  • Hongjai Rhee
    • East Asian Economic Review
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    • 제28권1호
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    • pp.69-94
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    • 2024
  • The Covid-19 pandemic has caused unprecedented disruptions across industries worldwide. This paper aims to analyze the economic impact of the pandemic on the sales performance of basic commercial areas in Seoul, Korea. Using a regression analysis with credit card transaction data, the study underscores the critical nature of determining the reference point for comparison. Firstly, in comparison to the revenue in the same quarter before the onset of the pandemic, a significant decrease in revenue was observed across most categories during the pandemic periods. Secondly, when compared to the counterfactual revenue in the same period, extrapolated by an exponential smoothing forecasting, the overall revenue decrease during the periods was less pronounced, except in a few categories. Interestingly, certain categories appeared to witness marginal increases in sales after the pandemic. The paper discusses some policy implications of these findings.

The Impact of Credit and Stock Market Development on Economic Growth in Asian Countries

  • NGUYEN, Bao K.Q.;HUYNH, Vy T.T.;TO, Bao C.N.
    • The Journal of Asian Finance, Economics and Business
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    • 제8권9호
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    • pp.165-176
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    • 2021
  • The paper has used the Solow-Swan growth model to analyze the long-term impact of credit market development and stock market development on economic growth in Asia from 2000 to 2019. The empirical model is performed with panel cointegration analysis by Common Correlated Effects (CCE) method with cross-sectional dependencies. The results find that there exists a cointegration relationship among stock market, credit market development, and economic growth. These results also show that financial structure improves the exact impact of financial development on economic growth, namely the opposite effect of stock market development and credit market development. Moreover, the Granger causality test reveals a bi-directional relationship between credit market development and economic growth, while only unidirectional causality from stock market development to economic growth for the whole group panel. And it is different for a specific country, according to Kónya's test. The view of the new structuralism does not apply in the Asian financial system when we estimate the Nonlinear Autoregressive Distributed Lag model (NARDL) to analyze the asymmetric relationship between financial structure and economic growth. On the whole, policymakers can draw on the findings to provide policy implications to improve their country's financial system as well as pursue the goal of sustainable economic growth.