• Title/Summary/Keyword: Investment Cycle

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Economic Growth, Crisis, and Recovery in Cameroon: A Literature Review

  • Tambi, Mbu Daniel
    • The Journal of Industrial Distribution & Business
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    • v.6 no.1
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    • pp.5-15
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    • 2015
  • Purpose - This study reviews Cameroon's economic growth, crisis, and recovery, aiming to: review the principal factors of Cameroon's real economic growth; explore the causes of its economic crisis analyze the determinants of its economic recovery; and suggest appropriate policies to ameliorate economic growth. Research design, data, and methodology - By reviewing the relevant literature and economic indicators, we observed that from the 1980s to the present, Cameroon experienced all the possible business cycle phases: economic prosperity (until 1985), economic and social crisis (1986-1994), and renewed economic growth (after 1995). Results - As a result of the economic changes in Cameroon, its macroeconomic indicators have evolved. Poverty and inequality have changed in both quantitative and qualitative terms. Throughout the examined period, rural poverty has become more widespread, deeper, and more severe than urban poverty, while inequality has experienced greater increases in urban areas relative to rural zones. Conclusions -To reap maximum benefits and reduce poverty from these economic changes, Cameroon needs to liberalize trade and foreign exchange transactions to attract foreign investment, especially during the current globalization.

Economic Analysis of Plant Utilities Under Environment Factor (환경요소를 고려한 발전설비의 경제성 평가)

  • 정석재;김경섭;박진원
    • Journal of the Korea Society for Simulation
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    • v.13 no.2
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    • pp.35-43
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    • 2004
  • The purpose of this study is an economic analysis of power plant utilities by comparing electricity generating cost including environmental costs. Considering the enormous role of electricity in the national economy, it is very important to study the effect of environmental regulation on the electricity sector. Because power utilities need for large investment during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the important process in the electric system expansion planning. This paper compares the costs of electricity generation including environmental costs between a coal-fired power plant and an LNG combined cycle power plants. With the simulation, this study surveys the sensitivity of fuel prices, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically better in environmental regulation circumstance.

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The Analysis of household Income and Expenditure For Family Economic Planning -for the Housewives in Busan- (장기 생활설계를 위한 가계 분석)

  • 김영숙
    • Journal of Families and Better Life
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    • v.1 no.2
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    • pp.59-73
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    • 1983
  • The purpose of this study is to establish the family economy planning in the side of economic welfare and to discuss its problems. Hypothesis testing and survey analysis whether nuclear family have been formed in the urban communities or not are investigated. Also, survey of family economic period are classified in the following manner. First, as the beginning of family, they are interested in savings, children's education and investment of an estate. Third, as the contracting period of family, they rely upon other's financial supports. Therefore, it is desirable for each family to establish family life cycle planning. As the results of hypothesis testing, 1) Nuclear family have been formed in urban communities. 2) The age of housewives is not concerned with whether their husband's parents live in the same house or not. 3)The age of housewives is not concerned with whether their parents lived with them or not. 4) The relationship between the age of housewives and monthly income is not significant. 5) The relationship between the age of housewives and monthly expenditure is significant. 6)The relationship between the age of housewives and monthly savings is not significant.

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A Study for Determining Economic Life of KlAl Tank by Using the PRICE Model (PRICE모델을 이용한 KlAl전차의 경제수명 결정에 관한 연구)

  • 문태동;강성진
    • Journal of the military operations research society of Korea
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    • v.28 no.1
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    • pp.97-114
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    • 2002
  • An estimation of economic life for a new weapon system is a critical issue in aquisition process. In general a life cycle cost consists of, development cost, aquisition cost, and maintenance cost. These costs are not identified and obtained in the beginning of the aquisition process. This paper deals with an economic life for KlAl tank which is being deployed recently, using PRICE model. In order to estimate an KlAl economic life, we use equivalent annual cost method which is sum of capital recovering with return and equivalent O&M cost method. This method determines an economic life by minimizing annual investment cost and operation and maintenance cost. In this paper, an aquisition cost of KlAl is obtained from PRICE H and O&M cost from PRICE HL model. We obtained various results depending upon production quantity. An economic life for KlAl is estimated 18 years when 300 tanks are produced.

A Study of Determination on Usage Life of Production Facilities for Economic LCC (경제적 LCC 를 위한 생산설비의 사용년수에 관한 연구)

  • Yoo, Il-Geon;Park, Won-Jun
    • IE interfaces
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    • v.6 no.2
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    • pp.37-51
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    • 1993
  • This paper studies the economic replacement method for production facilities which requires huge investment but are necessary for higher productivity and competability of products. That is, the general models for the decision of economic life of properties which minimizes the total costs throughout the usage life(Life cycle costs) are generated. Main factors which make influences for the decision of econmic life can be divided by three. These are the change of salvage value, repair and maintenance costs, and availability of production facilities with the passage of usage time. In this paper, the real world data for these three factors are collected and analyzed for the extraction of representative standard forms with the passage of time. And general models for economic replacement methods and optimal usage terms are presented through tables with the combination of the standard forms of these three main factors.

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Stock Price Prediction Improvement Algorithm Using Long-Short Term Ensemble and Chart Images: Focusing on the Petrochemical Industry (장단기 앙상블 모델과 이미지를 활용한 주가예측 향상 알고리즘 : 석유화학기업을 중심으로)

  • Bang, Eun Ji;Byun, Huiyong;Cho, Jaemin
    • Journal of Korea Multimedia Society
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    • v.25 no.2
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    • pp.157-165
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    • 2022
  • As the stock market is affected by various circumstances including economic and political variables, predicting the stock market is considered a still open problem. When combined with corporate financial statement data analysis, which is used as fundamental analysis, and technical analysis with a short data generation cycle, there is a problem that the time domain does not match. Our proposed method, LSTE the operating profit and market outlook of a petrochemical company and estimates the sales and operating profit of the company, it was possible to solve the above-mentioned problems and improve the accuracy of stock price prediction. Extensive experiments on real-world stock data show that our method outperforms the 8.58% relative improvements on average w.r.t. accuracy.

A Study on the ESG Fund Investment Service Business Model Architecture for a virtuous cycle (선순환을 위한 ESG 펀드 투자 서비스 비즈니스 모델 아키텍쳐에 관한 연구)

  • Jeong, Yae-Jin;Woo, Na-Young;Park, Joeun;Kim, Jae-Hyun
    • Annual Conference of KIPS
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    • 2021.11a
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    • pp.1253-1256
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    • 2021
  • 떠오르는 ESG 펀드(ETF·ELF)에 투자하는 서비스로 행동하는 소비자가 적극적인 ESG 펀드 기업의 사회적 변화를 주도록 변화를 만들어갈 수 있도록 핀테크와 ESG 플랫폼 통합서비스를 제시한다. 행동하는 소비자들은 증권사가 투자/운용하는 ESG 펀드(ETF·ELF)에 투자하고, 증권사는 발생하는 이익 일부를 사회 취약계층에 기부하여 사회적 책임을 다하는 기업으로 이미지 제고와 증권사 고객 증가, 펀드 자금 증가, 투자받는 기업들은 ESG 경영을 위한 자금 확보를 통해, 소비자와 증권사 그리고 ESG 경영 기업으로 이루어진 선한 영향력의 사이클을 선순환하는 비즈니스 모델과 아키텍쳐를 제시한다.

A Model of Time Dependent Design Value Engineering and Life Cycle Cost Analysis for Apartment Buildings (공동주택의 시간의존적 설계VE 및 LCC분석 모델)

  • Seo, Kwang-Jun;Choi, Mi-Ra;Shin, Nam-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.6 s.28
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    • pp.133-141
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    • 2005
  • In the resent years, the importance of VE (value engineering) and LCC (life cycle cost) analysis for apartment building construction projects has been fully recognized. Accordingly theoretical models, guidelines, and supporting software systems were developed for the value engineering and life cycle cost analysis for construction management including large building systems. However, the level of consensus on VE and LCC analysis results is still low due to the lack of reliable data on maintenance. This paper presents time dependent LCC model based value analysis method for rational investment decision making and design alternative selection for construction of apartment building. The proposed method incorporates a time dependent LCC model and a performance evaluation technique by fuzzy logic theory to properly handle the uncertainties associated with statistics data and to analyze the value of alternatives more rationally. The presented time dependent VE and LCC analysis procedure were applied to a real world project, and this case study is discussed in the paper. The model and the procedure presented in this study can greatly contribute to design value engineering alternative selection, the estimation of the life cycle cost, and the allocation of budget for apartment building construction projects.

Dynamics of Business Cycles in Korea: The Role of External Shocks (외부충격이 한국의 경기변동에 미치는 영향에 관한 연구)

  • Kim, Sunghyun H.;Ahn, Hyungdo
    • KDI Journal of Economic Policy
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    • v.27 no.1
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    • pp.157-183
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    • 2005
  • Using a multi-sector dynamic stochastic general equilibrium model, we investigate the dynamic effects of a variety of shocks to a small open economy. In particular, we calibrate the model to match the main characteristics of business cycles in Korea and analyze the effects of external shocks: the terms of trade and world real interest rate shocks. Business cycles in Korea more closely follow those of the G7 countries rather than Asian countries. The simulation results suggest that an improvement in the terms of trade has positive impact on investment, output and consumption, while a decrease in the world interest rate has a significant and positive effect on investment. This paper concludes that external shocks significantly influence business cycle fluctuations in Korea.

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A Study on the Construction of the National R&D Knowledge Information -Mainly Focused on the Research Planning and Management- (국가 R&D 지식정보관리시스템 구축에 관한 연구 -연구기획 및 관리를 중심으로-)

  • You, Neom-Jeong;Choi, Ki-Seok
    • Journal of the Korean Society for Library and Information Science
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    • v.38 no.1
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    • pp.281-301
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    • 2004
  • The national investment versus research result management ratio is very low as we compare to those of other advanced countries. Also the system of efficient usage of research result is insufficient. It results inefficient R&D investment when we drive national R&D programs. In this paper we developed a generalized information system for efficient planning and management of national R&D programs. And we developed a efficient system of the R&D information support and a system of a smoothly circulating R&D information. Also we apply those systems to the development of the information system of Korea Research Council of Fundamental science and technology. This application system can provide a total R&D information of whole life cycle of the national R&D programs.