• 제목/요약/키워드: Economic impacts

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Resiliency Assessment of Sarasota Bay Watershed, Florida

  • Lee, Hye-Kyung
    • Journal of KIBIM
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    • v.9 no.1
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    • pp.32-41
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    • 2019
  • As population in Sarasota and Manatee Counties, Florida in the United States is projected to increase, land use changes from land development happen continuously. The more land development means the more impervious surfaces and stormwater runoff to Sarasota Bay, which causes critical impact on the resiliency of the ecosystem. In order to decrease its impact on water quality and the ecosystem function of Sarasota Bay, it is important to assess the resilient status of communities that create negative impacts on the ecosystem. Three types of guiding principles of resiliency for Sarasota Bay watershed are suggested. To assess resiliency status, three indexes - vulnerability index, socio-economic index, and ecological index are developed and analyzed by using geographic information system for each census tract in the two counties. Since each indicator for vulnerability index, socio-economic index, and ecological index is measured with different metrics, statistical standardizing method - distance from the best and worst performers is used for this study to directly compare and combine them all to show total resilience score for each census tract. Also, the ten most and the ten least scores for the total resilience index scores are spatially distributed for better understanding which census tracts are most or least resilient. As Sarasota Watershed boundary is also overlaid, it is easy to understand how each census tract attains its resilience and how each census tract impacts to Sarasota Bay ecosystem. Based on results of the resiliency assessment several recommendations, guidelines, or policies for attaining or enhancing resiliency are suggested.

The Impact of Community-Based Forest Management on Local People around the Forest: Case Study in Forest Management Unit Bogor, Indonesia

  • Fajar, Nugraha Cahya;Kim, Joon Soon
    • Journal of Forest and Environmental Science
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    • v.35 no.2
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    • pp.102-114
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    • 2019
  • The issue of sustainable forest management (SFM) continues to emerge as part of the REDD+ mechanism mitigation efforts. Especially for some developing countries, such as Indonesia, forest management is required to provide benefits to the welfare of local communities in addition to forest conservation efforts. This study aims to identify the economic, social, and environmental impacts of community-based forest management (CBFM) implementation activities, which is one of the implementations of SFM at field level. The primary objectives were to find out the impacts of CBFM activities based on local people's perceptions and to identify what factors need to be considered to increase local people's satisfaction on CBFM activities. The data from 6 sub-villages was derived through surveys with local people involved in CBFM activities, interviews with a key informant, and supported by secondary data. The results of the study state that CBFM activities have increased the local people's income as well as their welfare, strengthening the local institution, and help to resolve conflicts in the study area. CBFM has also been successful in protecting forests by rehabilitating unproductive lands and increase forest cover area. By using binary logistic regression analysis, it found that income, business development opportunities, access to forests, conflict resolution, institutional strengthening, and forest rehabilitation variable significantly affected the local people's satisfaction of CBFM activities.

Impact of Spatial Accessibility Index, Based on Road Network and Actual Trips, on Housing Price (도로 네트워크와 통행량 기반의 공간 접근성 지수가 주택가격에 미치는 영향)

  • Chae, Jung Pyo;Sung, Hyungun
    • Journal of Korea Planning Association
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    • v.54 no.2
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    • pp.76-83
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    • 2019
  • This study aims to empirically identify the effect of spatial accessibility, based on travel, on housing prices in the Korean capital region. More specifically, it has two research purposes: First, investigating the effect of comprehensive spatial accessibility, based on road network and actual trips from origin to destination, on average apartment price (Korean Won per square meter) at the level of Eup, Myeon and Dong; Second, identifying better accessibility index between Hansen's and Kalogirou and Foley's ones. The former represents a road-based travel time decay function with destination trips, while the latter is a function with origin trips as well as destination ones. The study employs spatial economic models considering spatial auto-correlative relationship as an appropriate methodology with such control independent indicators as population density, road density, educational environment and distances from CBDs. Analysis results demonstrate that spatial accessibility, based on road network and actual trips from origin to destination, has a statistically significant impacts on housing price in the region. Our empirical evidence proves that the Hansen index is more appropriate than the other in estimating housing price impacts.

The Default Risk of the Research Funding with Uncertain Variable in South Korea, Along with the Greeks (옵션민감도를 고려한 기술자금의 경제적 가치와 실패확률)

  • Sim, Jaehun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.1
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    • pp.1-8
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    • 2021
  • As a nation experiencing rapid economic growth, South Korea and its government have made a continuous effort toward efficient research investments to achieve transformation of the Korean industry for the fourth industrial revolution. To achieve the maximum effectiveness of the research investments, it is necessary to evaluate its funding's worth and default risk. Thus, incorporating the concepts of the Black-Scholes-Merton model and the Greeks, this study develops a default-risk evaluation model in the foundation of a system dynamics methodology. By utilizing the proposed model, this study estimates the monetary worth and the default risks of research funding in the public and private sectors of Information and Communication technologies, along with the sensitivity of the R&D economic worth of research funding to changes in a given parameter. This study finds that the public sector has more potential than the private sector in terms of monetary worth and that the default risks of three types of research funding are relatively high. Through a sensitivity analysis, the results indicate that uncertainty in volatility, operation period, and a risk-free interest rate has trivial impacts on the monetary worth of research funding, while volatility has large impacts on the default risk among the uncertain factors.

Positive Factors for Return to Work After Accidents: Health Awareness, Consultation with Doctors, and Personal Characteristics of Workers

  • Kang, Dongsuk
    • Safety and Health at Work
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    • v.13 no.1
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    • pp.32-39
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    • 2022
  • Background: Industrial accidents can determine the overall level and quality of the work environment in industries and companies that contribute to national economic development. Korea has transformed the country from an international aid recipient to a donor country, but it has ranked first among the Organisation for Economic Co-operation and Development member countries in the number of fatal industrial accidents. Little has been known about the policy effects in terms of the workers' insurance for their industrial accidents and rehabilitation. This study raises two research questions about the influence of workers' personal characteristics and vocational rehabilitation services on their return to workplaces. Methods: The study implements weighted logistic regression analysis using propensity score matching. This research utilizes the relevant dataset (3,924 persons) of Korea's industrial accident and insurance. Results: The findings show that the level of workers' awareness of health recovery and their counseling for rehabilitation by physicians had positive effects on their return to work. Environmental factors such as workers' job stability at the time of industrial accidents and the temporal effects of industrial accidents (e.g., the level of disability, their age) had negative impacts on their return to work. Conclusions: These findings have policy implications that the concentration of rehabilitation services for patients who have been mildly affected by industrial accidents would be effective in the short and medium term. The findings also highlight the necessity of ongoing policies about workers' vocational recovery with concrete evidence about policy impacts.

Smart City Marketing Strategy: Transformative Endeavor

  • Yooncheong CHO
    • East Asian Journal of Business Economics (EAJBE)
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    • v.12 no.1
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    • pp.13-22
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    • 2024
  • Purpose: The purpose of this study is to investigate impact of smart city awareness on citizen satisfaction and to measure various factors influencing smart city competitiveness that were rarely addressed in previous studies. For the impacts on the competitiveness of smart cities, this study explored the effects of data-driven service, economic impact, social trust through sharing, environmental protection, and sustainable growth. Research design, data and methodology: To collect data, this study employed an online survey conducted by a reputable research organization. Data analysis involved the use of factor analysis, ANOVA, and regression analysis. Results: This study identified key aspects important for enhancing citizen satisfaction. Furthermore, this research unveiled the significant impacts of data-driven service, economic impact, social trust through sharing, environmental protection, and sustainable growth on the competitiveness of smart cities. Conclusions: The results yield valuable managerial and policy implications. The study suggests that enhancing citizen satisfaction through improved awareness of the smart city is crucial for effective city marketing management. Additionally, the results highlight special aspects necessary to improve smart city competitiveness, including the implementation of promotional policies supported by the government, promoting global competitiveness for domestic companies, and fostering citizen participation for effective city marketing management.

An Empirical Study on Employment during Crises in Korea (금융위기의 고용파급효과에 대한 실증분석)

  • Shin, Sukha;Cho, Dongchul
    • KDI Journal of Economic Policy
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    • v.34 no.4
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    • pp.91-116
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    • 2012
  • This paper analyzes how the adverse impacts of the global financial crisis on Korea's employment could be mitigated in comparison with the Asian crisis period. The results from error-correction models suggest that the less severe impacts during the global financial crisis could be attributed to (i) smaller GDP reduction, (ii) better maintenance of domestic demand despite a sharp fall of export, (iii) less serious over-employment during the run-up to the crisis, and (iv) less severe credit crunch. Analyses of OECD cross-country data provide corroborating evidence. In order to mitigate adverse impacts on employment, therefore, priority should be given to expansionary macroeconomic policies to keep aggregate domestic demand from collapsing once a crisis is triggered. Also crucial, however, is to maintain sound economic structures such as flexible labor market and adequately supervised financial market.

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Case Study of Cost Effect Analysis for Toxic Compounds to Developing Effluent Limitation Standards : Focus on 1,4-Dichlorobenzene (수질유해물질 배출허용기준 설정에 따른 배출시설 비용영향 분석사례 연구: 1,4-Dichlorobenzene을 중심으로)

  • Kim, Kyeongjin;Kim, Wongi;Heo, Jin;Kim, Kwangin;Kim, Jaehoon;Kim, Sanghun;Yeom, Icktae
    • Journal of Korean Society on Water Environment
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    • v.26 no.4
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    • pp.557-565
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    • 2010
  • Recently, regulations on toxic compounds in aquatic environment have been strengthened in korea due to the increasing public awareness of the water quality. Typically, these regulations include introduction of emerging toxic compounds and stricter effluent limitations for the already regulated compounds. However, too strict regulations may cause excessive burden on the industry. Therefore it is also important to assess the economic impacts when the new effluent limitation guidelines are introduced. The estimation of the additional cost for the wastewater dischargers to meet the new guidelines are based on the selected treatment technology to handle the hazardous substances and the regulatory levels for effluent limitations. To explore the procedures for cost estimation in enforcing new effluent limitations, a case study was performed specially for 1,4-dichlorobenzene. The pollutants of concern are surveyed for different industrial categories and various treatment technologies. For a given pollutant, the general performances of the treatment technologies are surveyed and a representative technology is selected. For a given technology, the capital cost and annual Operation and Maintenance (O&M) cost was calculated. The calculation of baseline costs to operate ordinary treatment technologies is also important. The ratio between the cost for introducing new treatment process and the baseline cost required for conventional technology was used to evaluate the economic impact on the industry. For 1,4-dichlorobenzene, steam stripping and activated carbon processes were selected as the specific treatment technologies. The cost effects to the regulation of the compound were found to be 6.4% and 14.5% increase in capital cost and O&M cost, respectively, at the flow rate over $2,000m^3/d$ for the categories of synthetic resin and other plastics manufacturing industry. For the case of petrochemical basic compounds manufacturing industry, the cost increases were 5.8% and 12.4%, respectively. It was suggested that cost effect analysis to evaluate the economic impacts of new effluent limitations on the industry is crucial to establish more balanced and reasonable effluent limitations to manage the industrial wastewater containing emerging toxic compounds in the wastewater.

The Economic Impact of Contaminated and Noxious Sites : A Meta Analysis (오염-유해시설의 경제적 영향 : 메타분석)

  • Won, Doo Hwan
    • Environmental and Resource Economics Review
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    • v.17 no.1
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    • pp.165-196
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    • 2008
  • This paper reports a quantitative meta analysis of the economic impacts of localized noxious and contaminated sites. Using either hedonic property value or stated preference methods, economists have studied the effects of contamination or noxious activities, or the benefits realized from their elimination, on real estate prices at more than 40 sites. In support of wise public and private investments in environmental quality, most of these studies aim to inform decision makers about the benefits of remediation and cleanup. Their results vary considerably, but there has been no previous systematic effort to analyze the differences and identify shared insights. This study uses established methods of meta analysis to identify points of agreement and differences in this body of literature. The studies are characterized by the type of site, modeling approach, geographic extent of impacts, data features, and other key factors that underlie their value estimates. The impact estimates are normalized as proportional effects on property values. This study attempts to discover whether the estimated economic impacts of contamination or noxious activity differ according to these characteristics of the studies, and whether anything general can be said about the economic consequences of site contamination and remediation. Bivariate, multivariate, and logit techniques are applied to the data. The results suggest that the property value is the most sensitive to water base contamination, published case studies result in systematically greater environmental value than those in unpublished reports, and real estate markets show responses to environmental condition changes.

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The Effects of Economic Condition and the Parenting on Children's Social Adjustment in Divorced Families - A Comparison of Custodial Fathers and Mothers - (이혼가정의 경제상태 및 양육행동이 자녀의 사회적 적응에 미치는 영향 - 양육부/모의 차이를 중심으로 -)

  • Kim, Young-Hee;Son, Jeong-Yeon
    • The Korean Journal of Community Living Science
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    • v.16 no.3
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    • pp.47-55
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    • 2005
  • The purposes of this study are to examine the economic conditions and parenting of custodial fathers/mothers and to explain their impacts on the children's social adjustment after divorce. A total of 185 custodial parents divorced within the last 5 years completed a structured questionnaire. Children's social adjustment was the dependent variable in this study and was defined as their school performance and behavior problems. Results show that compared with divorced custodial fathers, divorced custodial mothers demonstrate more effective parenting, but there were no differences in economic conditions between them. In addition, children in single-father divorced families have lower school grades and more behavior problems than those in single-mother divorced families. Results also indicate that the economic conditions and parenting have different effects for children across family type. For children raised with a custodial father in divorced families, the economic conditions and the divorce duration are associated with lower school grades and behavior problems. For children with a custodial mother, however, the effective of parenting and the children's age have significant effects on the children's social adjustment after the parent divorced. Based on these results, this study proposes strategies for the improvement of children's adjustment in divorced families.

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