• Title/Summary/Keyword: Economic resources

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An Economic Analysis of the Natural Gas Air-conditioning (가스냉방의 경제성 분석)

  • Gim, Bong-Jin;Park, Yearn-Hong
    • IE interfaces
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    • v.11 no.1
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    • pp.207-214
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    • 1998
  • Since the natural gas air-conditioning not only increases the base load of the gas company but also decreases the summer peak load of the electricity company, it is considerded as an efficient demand-side management program. This paper suggests the economic evaluation method of the gas air-conditioning program from the perspectives of the participants, the pipeline gas company, the local distribution company, the electricity company, and the total resources. The absorption type gas air-conditioning/space-heating is selected as a case study to illustrate the economic analysis of the natural gas air-conditioning.

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The Current Situation of Mining and Smelting and the Mineral Policy of Japan

  • Shiga, Yoshihide
    • Proceedings of the KSEEG Conference
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    • 2003.04a
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    • pp.32-36
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    • 2003
  • The mining industry of Japan had rapidly grown after the World War II with the economic growth. There existed more than 350 mines all over Japan in the 1960’s. The mines however had been closed one after another under the influence of the world and domestic economic events such as the mining-related pollution in Japan after the middle of the 60’s, the Oil Crisises in 73 and 79 and the Strong Yen in 85 (Fig. 1). (omitted)

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Economic Evaluation of Duck Livestock Management in Utilizing of Various Forms of Houttuynia cordata With Fermented Red Koji as Feed Additives in a Field Study (여러 제형의 발효홍국 어성초를 오리사료첨가제로 적용한 현장연구에서 오리축산경영의 경제성 평가)

  • Jang, Woo-Whan;Chung, Yung-Ho;Choi, In Hag
    • Journal of Environmental Science International
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    • v.27 no.5
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    • pp.345-348
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    • 2018
  • The influence of various forms of Houttuynia cordata with fermented red koji as feed additives on the performance of duck livestock was evaluated through a field study. Two hundred and forty ducks (Pekins) aged 0-38 d were used. They were randomly assigned to four treatment groups (0%, 1% H. cordata powder with fermented red koji, 1% H. cordata pelleted with fermented red koji, and 1% H. cordata coated with fermented red koji) with four replicates (15 ducks per replication). Foreconomic evaluation, the data (a total of 240 duck) obtained from each treatment were applied to 10,000 ducks per treatment 38-d after the feeding trial. Overall, the results of economic evaluation were the highest in the treatment with 1% H. cordata coated with fermented red koji, followed by 1% H. cordatapelleted with fermented red koji, 1% H. cordatapowder with fermented red koji, and control. In conclusion, using 1% H. cordatawith fermented red koji as coating and pellet type duck diets might be of economic advantage for sustainable environmental management.

CONNECTING EURASIA AND THE AMERICAS: EXTENSION OF THE HISTORICAL SILK ROAD AND ITS GEOPOLITICAL IMPLICATIONS

  • ERDEM, CAGRI
    • Acta Via Serica
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    • v.2 no.2
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    • pp.133-162
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    • 2017
  • The Bering Strait crossing would link the entirety of Eurasia to the entirety of the Americas, and it can be seen as a natural extension of the historical Silk Road. There are some immense geopolitical benefits to such a project. It would bring about a profound and lasting change to the global economic and political outlook. The most valued function of the Bering Strait crossing and the extension of the associated railroad network would be to release the massive natural resources trapped underneath the tundra and permafrost for the benefit of Russia and the world. Moreover, the railroad project(s) would also build development corridors in those underdeveloped parts of the Russian Federation. The development of the resources and their rapid transportation to the global markets would contribute not only to the overall development of the region but also would be valuable for the resource-poor countries of Northeast Asia such as Japan, Korea, and China (relative to its economic size). This paper will explore the possible impact(s) of the Bering Strait crossing as a formidable infrastructure project for the economic development of the Russian Far East (RFE) from the Russian perspective under the frame of geopolitics. Furthermore, it will equally scrutinize the implications for the adjacent countries in the region.

Methodological Approaches to Estimation of Economic Growth and Sustainable Development: Kazakhstan's Experience

  • NURLANOVA, Nailya K.;OMAROV, Akedil K.;SATPAYEVA, Zaira T.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.4
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    • pp.317-324
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    • 2020
  • The study aims to analyze the theoretical background of the economic growth and sustainable development; systematization of scientists view on monitoring and economic and innovative evaluation, analysis and diagnosis of factors affecting these processes. Rating characteristics of the level of innovative resources development obtained based on the comparative analysis of Kazakhstan regions. Calculations were done based on official statistics during 2010 and 2015-2017. Based on obtained data there has been grading of the country regions and their ratings were determined by the level of development of innovative resources. This research identifies areas and mechanisms to ensure balanced sustainable development of the national economy. The findings suggest that sustainable development of the state is affected by the innovative activity of the regions, the sustainable development of which is ensured by innovative enterprises. Transition to the model of sustainable territorial development involves the formation of such conditions and the use of mechanisms under which the natural base of this development is not destroyed, the environment suitable for human existence is preserved and reproduced. The findings of this research support for pursuing a national policy of reducing regional imbalances, and promoting a more balanced and sustainable development of the whole country.

Foreign Direct Investments of Economic Infrastructure-Related Public Companies in Korea(2): Typologies, Characteristics of FDI and Interpretation of Nationality Issues (경제 하부구조 관련 공기업의 해외투자에 대한 연구(2) - 해외 하부구조투자의 유형과 성격, 국적성의 문제 -)

  • Kim, Yong-Chang
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.2
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    • pp.166-191
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    • 2012
  • This paper investigates how the agent specificity of economic infrastructure-related public company proceeds in overseas investments. At first this paper examines general features focused on investment region, project type, starting year, and then analyzes overseas investments based on specific cases with three classifications which are composed of special consulting type that do not accompany capital investment, FDI type, and type of overseas energy resources development that go with capital investment and business risk. Finally nationality issues that is generated by agent characteristics of infrastructure public company are interpreted in perspective of duality which is financial pressure and dependency of host county's position, and relationship with private capital of home country.

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Evaluation of Korea\`s Sustainable Development by the System Ecology(II) -Simulating the Future of Korea\`s Natural Environment and Economic Development- (시스템 생태학적 접근법에 의한 한국의 지속적인 발전가능성 평가(II) -한국의 자연환경과 경제활동에 대한 미래예측-)

  • 이석모;손지호;김진이
    • Journal of Environmental Science International
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    • v.10 no.2
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    • pp.91-97
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    • 2001
  • A macroeconomic minimodel was simulated to analyze the effect of global exchange on the Korea\\`s economy. The simulation results illustrate some of the consequences of public policy and some insight into current world problems. All computer simulation runs made under various conditions suggest that the Korea\\`s system in the near future may be strongly influenced by the favorable availability of outside resources, while the national power and assets may be declined by indigenous environmental stock depletion. The borrowed capital allows the temporary money stock to increase and the national assets to grow faster and a little higher, as using up the environmental resources more quickly. Later, when the debt is paid off, the foreign exchange holdings may not go so high. For the environmentally sound and sustainable development, over 75% of total economic production should be invested to the natural resource management. Therefore, the economic structure of Korea should be transferred from the present industrial structure to social-economic structure based on ecological-recycling concept.

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Economic Analysis of Dry Bottom Ash Handling System in a Pulverized Coal Thermal Power Plant in Korea (國內 微分炭 火力發電所에서 바닥재 再活用을 위한 乾式 바닥재 處理시스템 導入의 經濟性 分析)

  • Oh, Se-Won
    • Resources Recycling
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    • v.13 no.5
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    • pp.51-56
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    • 2004
  • Economic benefits of the dry bottom ash handling system over the wet bottom ash handling system in a new 500MW${\times}$2units pulverized coal thermal power plant in Korea were evaluated. The higher initial capital cost in the dry bottom ash handling system was estimated. However, this higher initial capital costs would be compensated with reductions of the operating cost mainly due to the recycling of bottom ash. Economic analysis showed that the payback period of 4.9 years and the internal rate of return at 21.1% were expected for the additional initial capital cost of the dry bottom ash handling system.

Distribution of Factors Affecting Foreign Direct Investment in ASEAN Countries

  • Anh Thi Lan, NGUYEN;Chau Thi Minh, PHAM;Hanh Hong, NGUYEN;Dat Ngoc, NGUYEN;Duy Van, NGUYEN
    • Journal of Distribution Science
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    • v.21 no.2
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    • pp.1-6
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    • 2023
  • Purpose: Research on attracting foreign direct investment plays an important role in ASEAN countries. ASEAN has needed FDI capital for development and integration with many developing countries. Research design, data and methodology: This study is conducted to assess the impact of factors: inflation (INF), economic growth (GDP), population (POP), and trade (TRADE) on attracting foreign direct investment (FDI) of ASEAN countries. The study will find out how factors distribution contributes to FDI attraction. The study collects data from 10 ASEAN countries from 2010 to 2020. With data collected for ten countries from 2010 to 2020, data analysis with panel data will be used in this study. The Regression with Driscoll-Kraay standard errors correction model will be used in the study. Results: Panel data analysis shows that economic growth and population positively impact FDI attraction in ASEAN countries. However, two factors: INF and TRADE, do not affect FDI. Conclusions: Countries need to focus on economic development, create many good conditions for people and domestic enterprises and create opportunities for foreign investors to pay more attention. improving the quality of domestic human resources will help to better improve the working quality factor when the demand for high-quality human resources increases.

Probabilistic Analysis using Economical Evaluation for Shale Gas Development (셰일가스 개발 시 확률론적 분석 기법을 이용한 경제성 평가)

  • Moon, Young-Jun;Moon, Seo-Yoon;Gil, Seong-Min;Shin, Hyo-Jin;Lim, Jong-Se
    • Journal of the Korean Institute of Gas
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    • v.22 no.2
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    • pp.21-28
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    • 2018
  • In recent years, payability of shale gas production has worsened due to oil and gas price declines resulting from sharply increasing shale gas production. Reliable economic evaluation in shale gas development has become important. In this study, Monte Carlo simulation of probabilistic analysis technique was applied to analyze the economic feasibility considering the uncertainty involved in shale gas development. For this, the range of major variables is set and a random number is generated to derive the probability distribution of Net Present Value(NPV) and Internal Rate of Return(IRR). Consequently, we estimated the probability that the feasibility of the project is evaluated to be positive when developing shale gas in the study area. In addition, sensitivity analysis of major parameters affecting economic efficiency in shale gas development was carried out, and the effect of major variables in economic evaluation for commercial production was identified. In the future, this study could be used to make decision for shale gas production by presenting the range of variation of economic index and probability value.