• Title/Summary/Keyword: Economic validity

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Study on the Intrusion Epochs of Younger Granites and their Bearing to Orogenies in South Korea (남한(南韓)의 신기화강암류(新期花崗岩類)의 관입시기(貫入時期)와 지각변동(地殼變動))

  • Kim, Ok Joon
    • Economic and Environmental Geology
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    • v.4 no.1
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    • pp.1-9
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    • 1971
  • The "Younger Granites" in Korea were being believed to be late Cretaceous in age and named "Bulkuksa granites" by all previous works until the writer had discovered Jurassic granite in 1963. The present paper is to prove its validity by age dating on these granites which was carried out by Professor Y. Ueda, Tohoku University, Japan. The age of 37 granites samples from various localities ranges from 68 my to 181 my. Of these 10 samples belonged to early Jurassic, 6 samples to mid-Jurassic, 4 samples to late Jurassic, 5 samples to early Cretaceous, and 12 samples to late Cretaceous in age. It is of the writer's opinion that the granites intruded in from early Jurassic to early Cretaceous age belong to Daebo granites and are syntectonic plutons associated with Daebo orogeny, and only those of late Cretaceous age belong to Bulkuksa granites that were associated with Bulkuksa disturbance. Daebo granites are aligned along NE-SW Sinian direction in the middle parts of Korea and crop out in the cores of folded mountains which were formed by Daebo Orogeny, such as Charyong, Noryong, Sobaek, and Dukyu Ranges. On the contrary Bulkuksa granites are restricted in Kyongsang basin and adjacent few localities in distribution and show no alignment. Granites supposedly associated with other disturbances of post-precambrian Have not been found so far in S. Korea. Age dating of granites has revealed that Daebo orogeny might be continuous from Songrim distur bance of late Triassic age. From this viewpoint, it could be assumed that Daedong system of Jurassic age were deposited in separate intermontain basins while Daebo orogeny was active, so that Daedong system in separate localities in Korea could not been correlated in their lithology as well as stratig raphy.

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A Study on the Technology Evaluation of Development of Tyvek Planting Techniques in Citrus (감귤 다공질 필름 멀칭 재배법에 대한 기술가치의 평가)

  • Ko, Seong-Bo;Kim, Bae-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.7
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    • pp.3232-3237
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    • 2013
  • This study was carried out to evaluate the economic value of Tyvek planting technique in Korean citrus. The Tyvek planting technique was developed by national institute of horticultural and herbal science in Korea rural development administration. This technology could be used to improve efficiency and practicality of cultivation of citrus. The research results show that the technological value of Tyvek planting technique was evaluated 42,163(discount rate 6%)-55,018(discount rate 8%) million won. IRR is greater than discount rate(6-10%). NPV is greater than zero. B/C ratio IRR is greater than 20. The economic validity of Tyvek planting technique is identified by the results of technology evaluation.

A Study on the Technology Evaluation of Development of Separation and Purification Techniques of Flavonoid in Citrus (감귤 플라보노이드 성분의 추출 및 정제방법 개발의 기술가치평가)

  • Ko, Seong-Bo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.1
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    • pp.243-248
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    • 2014
  • This study was carried out to evaluate the economic value of development of separation and purification techniques of flavonoid in citrus using IRR, NPV. The separation and purification techniques of flavonoid of citrus was developed by national institute of horticultural and herbal science in Korea rural development administration. This technology could be used to improve efficiency and practicality of cultivation of citrus. The research results show that the technological value of separation and purification techniques of flavonoid of citrus was evaluated 3,155(scenario 1)~6,518(scenario 2) million won. IRR was 28.3%~61.2%, which was greater than discount rate(11.9%). NPV is 5,541~18,773 million won. Therefore, the economic validity of development of separation and purification techniques of flavonoid of citrus is identified by the results of technology evaluation.

Market-opening and Audience (시장 개방과 수용자)

  • Lee, Nam-Pyo
    • Korean journal of communication and information
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    • v.35
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    • pp.87-113
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    • 2006
  • This study aims to theoretically examine the validity of argument that market-opening will improve the audience welfare of media and cultural contents. To accomplish its purpose, first of all, this study classifies the spectrum of approaches on cultural market-opening in Korea. Then, it examines, by the concept of public goods, whether market-opening can bring on economic gains for audience as consumer. Finally, this study inspects the profit and loss for audience as citizen which will be brought on by market-opening on the grounds of democratic value. As a result of this study, the improvement of economic efficiency and competence, the expansion of consumer‘s choices, the preservation of cultural value that the positive approach on market-opening is promising cannot be justified theoretically and logically. Therefore, at least in theoretically, the conclusion that market-opening cannot improve the audience welfare is deduced. However, the objection of market-opening cannot be related to the distorted protectionism of nation culture. On the contrary, this study suggests the condition of market-opening debate must be a opportunity to reconsider and reform of cultural diversity in Korea.

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Economic Feasibility Analysis of Developing Marine Environmental Risk Assessment and Management Technology (해양환경 위해성 평가 및 관리 기술개발사업의 경제성 분석)

  • Park, Sun-Young;Nam, Jung-Ho;Yoo, Seung-Hoon
    • Journal of Korea Technology Innovation Society
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    • v.16 no.1
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    • pp.20-40
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    • 2013
  • A project of developing marine environmental risk assesment and management technology was proposed to improve the level of marine environmental management research. This paper attempts to measure the non-market benefits of the project. To this end, the dichotomous choice contingent valuation method is used. In particular, recently proposed one and one-half bounded model is applied. The model can reduce the potential for response bias comparing to the double bounded model while maintaining much of its efficiency. Moreover, in order to deal with zero WTP observations, a spike model is adjusted for our data. A survey of randomly selected 600 households was implemented and the respondents were asked in person-to-person interviews about how they would be willing to pay for implementing the project. Respondents overall accepted the contingent market and were willing to contribute a significant amount (2,663 won), on average, per household per year. The aggregate value of the project in the nation amounts to approximately 46.3 billion won per year. The figure 2.16 of cost-benefit ratio shows that economic validity of this technical development.

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Study of the Technology Evaluation of Development of Environment-friendly Controlling Method of Mushroom (길항 미생물 HC5를 이용한 버섯의 친환경방제 기술개발의 가치평가)

  • Ko, Seong-Bo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.11
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    • pp.6652-6658
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    • 2014
  • This study evaluated the economic value of the development of an environment-friendly controlling method of mushroom using IRR and NPV. The environment-friendly controlling method of mushrooms was developed by the national institute of horticultural and herbal science in Korea rural development administration. This technology can be used to improve the efficiency and practicality of cultivation of mushroom. The research results show that the technological value of the development of an environment-friendly controlling method of mushroom was evaluated at 135.4 billion won (average), 182.6 billion won (maximum), and 88.1 billion won (minimum) based on the discount rate of 7.3%. The IRR was 1,958.5% - 4,054.4%, which was greater than the discount rate (6%~10%). The NPV was evaluated at 134.8 billion won (average), 218.1 billion won (maximum) and 87.5 billion won (minimum) based on the discount rate of 7.3%. Therefore, the economic validity of the development of an environment-friendly controlling method of mushrooms was identified by the results of a technology evaluation.

Design of a Knowledge Oriented Global Supply Chain Management Model and Analysis of Its Effectiveness (지식지향 글로벌 공급사슬관리 모형의 설계와 효과분석)

  • Lee, Sang Yoon;Lee, Ju Hyun;Kim, Young Ki
    • Journal of Korea Port Economic Association
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    • v.29 no.4
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    • pp.201-222
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    • 2013
  • The purpose of the present study is to analyze how and to what degree multinational companies organize and operate their supply chains in accordance with the strategic resource of knowledge in their multinational management, and what kind of influence knowledge oriented global supply chain management has on the management performance of multinational corporations. For this purpose, the current research proposed a measurement model to provide specific shape to the concept of knowledge oriented global supply chain management by adopting the knowledge creation process proposed by Nonaka (1994), and conducted an empirical analysis of what kind of impact the knowledge management system and the knowledge creation process of companies have on the performance of their global supply chain management. The result of the empirical analysis of 113 multinational companies verified the validity and reliability of the measurement model proposed in this study. In addition, the comparative study of the sampled companies by grouping them according to the level of knowledge orientation in global supply chain management indicated that the enterprises that effectively manage the knowledge created within the global supply chain presented overall superiority on the performance of global supply chain management.

A Study on the Factors affecting the Recovery Satisfaction at Logistics Service Failure (물류서비스실패시 회복만족에 영향을 미치는 요인에 관한 연구)

  • Choi, Youngro
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.169-191
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    • 2012
  • This study is to investigate the strategy on forming a long term relationship between logistics service provider and demander including maintaining strategy of it. For these purposes, effect on the organization and human factor of Logistics service companies and also, impact on the customer trust and relational commitment against service recovery are analysed. Literature review and empirical study are used to modify research model and to develop questionnaire for logistics service companies. Reliability for measuring procedure yields the same result on repeated trials and validity for identifying the accuracy of the accrual measuring instrument are also used. Suggested hypothesis are verified through multiple regression method and the testing results are shown as follows; First, organization and human factor have a positive effect to the service recovery satisfaction against the service failure of logistics service providing company. Second, the service recovery satisfaction also leads a positive effect on the customer trust and relational commitment.

Development and Validation of Multi-Purpose Geostatistical Model with Modified Kriging Method (수정된 Kriging법을 응용한 다목적지구통계모델의 개발 및 타당성 검토)

  • Kim, In-Kee;Sung, Won-Mo;Jung, Moon-Young
    • Economic and Environmental Geology
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    • v.26 no.2
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    • pp.207-215
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    • 1993
  • In modem petroleum reservoir engineering, the characterization of reservoir heterogeneities is very important to accurately understand and predict reservoir production performance. Formation evaluation for the description of reservoir is generally conducted by performing the analysis of well logging, core testing, and well testing. However, the measured data points by well logging or core testing are in general very sparse and hence reservoir properties should be interpolated and extrapolated from measured points to uncharacterized areas. In assigning the data for the unknown points, simple averaging technique is not feasible as optimum estimation method since this method does not account the spatial relationship between the data points. The main goal of this work is to develop PC-version of multi-purpose geostatistical model in which several stages are systematically proceeded. In the development of model, the simulator employs a automatic selection of semivariogram function such as exponential or spherical model with the best values of $R^2$. The simulator also implements a special algorithm for the fitting of semivariogram function to experimental sernivariogram. The special algorithm such as trial and error scheme is devised since this method is much more reliable and stable than Gauss-Newton method. The simulator has been tested under stringent conditions and found to be stable. Finally, the validity and the applicability of the developed model have been studied against some existing actual field data.

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Enhancing Competitiveness of the North Container Hinterland of Busan New Port - Based on AHP method - (부산항 신항 북컨테이너 배후단지의 경쟁력 제고 - AHP 기법을 토대로 -)

  • Park, Gil-Young;Ha, Myung-Shin
    • Journal of Korea Port Economic Association
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    • v.31 no.3
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    • pp.75-91
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    • 2015
  • This study aims to assess the competitiveness of 30 logistics centers that operate in the hinterland of the North Container Port at Busan New Port. Thirty-two key factors were selected from previous studies to analyze and improve competitiveness and expand business opportunities in the hinterland. Suggestions from logistics experts were also canvassed. These variables were then put through first- and second-factor analysis to verify validity and measure confidence levels; they were later categorized into five factors and 15 sub-factors impacting on competitiveness. The categorized factors were compared using the analytic hierarchy process (AHP) to assess the importance of each factor and sub-factor in the case of logistics centers in the North Container hinterland of Busan New Port. The findings indicate that factors related to the securing of significant amounts of container cargoes were of greater importance. On the other hand, relatively basic factors proved to be less important in improving the competitiveness of the port hinterland.