• Title/Summary/Keyword: Life-cycle of resources

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Life cycle analysis on correlation relationship between GHG emission and cost of electricity generation system for energy resources (전과정을 고려한 에너지 자원별 전력생산의 온실가스 배출량과 비용의 상관관계 분석)

  • Kim, Heetae;Ahn, Tae Kyu
    • 한국신재생에너지학회:학술대회논문집
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    • 2011.05a
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    • pp.136.2-136.2
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    • 2011
  • In this work, we analyzed correlations between life-cycle greenhouse gas (GHG) emissions and life-cycle cost of energy resources. Energy resources studied in this paper include coal, natural gas, nuclear power, hydropower, geothermal energy, wind power, solar thermal energy, and solar photovoltaic energy, and all of them are used to generate electricity. We calculated the mean values, ranges of maximum minus minimum values, and ranges of 90% confidence interval of life-cycle GHG emissions and life-cycle cost of each energy resource. Based on the values, we plotted them in two dimensional graphs to analyze a relationship and characteristics between GHG emissions and cost. Besides, to analyze the technical maturity, the GHG emissions and the range of minimum and maximum values were compared to each other. For the electric generation, energy resources are largely inverse proportional to the GHG emission and the corresponding cost.

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Effect of Age Cohort on Life Cycle Financial Planning

  • FOLK, Jee Yoong
    • East Asian Journal of Business Economics (EAJBE)
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    • v.2 no.4
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    • pp.26-47
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    • 2014
  • The paper examined effect of age cohort on life cycle financial planning. A total of 990 questionnaires were distributed with a 55.2% return rate. Seven hypotheses were analysed using hierarchical and ordinary regression analysis. The results revealed that age cohort variables made significant contribution to life cycle financial planning as well as personal orientation towards retirement planning, particularly the younger age cohort. Age cohorts do affect personal orientation towards retirement planning with the confidence level making a significant impact. Current financial resources do have a strong positive impact on consumption for all age cohorts. On the other hand, no significant effect was found between age cohorts and current financial resources but older age cohorts were relatively more significant predictors. The implication was that not only should their individual perceptions of financial planning become an increasingly important part of people's long-term commitment throughout their life-cycle, it must also assume the role as a self-directed life-long learning process, in view of the ever-changing and complicated financial environment.

A Study on the Numerical Approach for Industrial Life Cycle: Empirical Evidence from Korea

  • LEE, Kangsun;CHOI, Kyujin;CHO, Daemyeong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.667-678
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    • 2021
  • The industrial life cycle theory was extended to the product life cycle theory and the corporate life cycle theory, but a conceptual life cycle was presented, and quantitative empirical evidence for this was insufficient. It is intended to improve appropriate resource planning and resource allocation by quantitatively predicting the industrial cycle and its position (age) in the cycle. Human resources, tangible assets, and industrial output analysis were conducted based on 28 years of actual data of 39 industries in Korea by applying the Gompertz model, which is a population ecology prediction model. By predicting with the Gompertz model, the coefficient of determination R2 value was 97% or more, confirming the high suitability with the actual cumulative sales value of the industry. A numerical model for calculating the life cycle of each industry, calculating the saturation of input resources for each industry, and diagnosing the financial stability of the industry was presented. These results will contribute to the decision-making of industrial policy officers for budget planning appropriately for each stage of industry development. Future research will apply the numerical model of this study to foreign national industries, complete an inter-industry convergence diagnostic model (e.g. ease of convergence, suitability of convergence, etc.) for renewal of fading industries.

An Analysis of Financial Statement Among Urban Households Based On a System Approach (체계론에 기초한 도시가계의 재정상태 분석)

  • 양정선
    • Journal of the Korean Home Economics Association
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    • v.30 no.1
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    • pp.237-255
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    • 1992
  • The purpose of this study was to investigate relations of resources and demands, family financial management and financial statement of urban households by applying a system approach. The results of this study were as follows; Saving rate had significant differences according to resources variables such as age, family life cycle, occupation of househead and housewife, ratio of employed to family member, and to demands variabels such as subjective prospect of business cycle, and value orientation, whereas total saving amount had significant differences according to resources vaiables such as age, family life cycle, educational level, percapita income, occupation of househead, type of income and to demand variable, perception of relative income. Also average monthly saving amount had significant differences according to resources vaiables such as educational level, per capita income, occupation of housewife, housing ownership, ratio of employed to family member, ratio of dependent to employed, and to demands variable, perception of relative income. The stocks had significant differences according to resources variables such as age, family life cycle, educational level, per capita income, occupation of househead, type of income, and housing ownership. Finally, real estate had significant differences according to resources variables such as age, family life cycle, educational level, percapita income, occupation of househead, type of income, housing ownership, and to demands variable, perception of relative income. Financial Statement among urban households according to family financial management had significant differences. And among all variables affecting financial statement among urban households, per capita income had the highest effect and perception of relative income was the second.

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A Study on the Characteristic analysis for the Facilities of the Korea Forest Welfare for Life Cycle (생애주기별 산림복지시설의 특성분석에 관한 연구)

  • Park, Bum-Jin;Yeom, Dong-geol;Kim, Se-bin;Kyeon, ChiWon;Joung, Dawou;Kim, GeonWoo;Choi, YoonHo
    • Journal of Korean Society of Forest Science
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    • v.104 no.2
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    • pp.285-293
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    • 2015
  • This study aims to find some characteristics for the facilities of the 'Korea Forest Welfare for Life Cycle' through the domestic case analysis, so that we draw implications applicable to the policy on Korea Forest Welfare. For this, we brought and analyzed statistical data together from scattered sources. As the characteristics for the facilities of the Korea Forest Welfare for Life Cycle, first, there is the quantitative imbalance of forest welfare institutions for the each life cycle. Second, there is a lack of facilities in urban areas. Third, the facilities are mostly located in national or public forests. And, based on those characteristics, we suggest several things as follows that is applicable to the related policy. First, it is necessary to meet the needs of facilities that need to be built evenly for each life-cycle. Second, facilities of the Forest Welfare for Life Cycle which is adjacent to the life zone should be built more to increase accessibility. Third, forests in Korea are almost comprised of private forests. Using only national and public forests has an unfavorable condition to confer a benefits of forest welfare on the people evenly than using national, public and private forests all together. Therefore, there is a need to invigorate private capital and utilize private forests so that the favorable condition can be made to confer a benefits of forest welfare on the people evenly and adjust balance of the quantity for the facilities of forest welfare.

Environmental Impacts Assessment of the Wheat Flour Production Process Using the Life Cycle Assessment Method (LCA 기법을 이용한 소맥분 생산 공정의 환경 영향 평가)

  • Chu, Duk-Sung;Kwon, Hyuk-Ku;Kim, Jong-Geu;Lee, Jang-Hoon
    • Journal of Environmental Health Sciences
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    • v.34 no.1
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    • pp.62-69
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    • 2008
  • The life cycle assessment method for environmental impact assessment was used, in this study, to assess the production process of wheat flour which is the most important material in the food industry. Environmental impact assessments were compared between that of the Ministry of Environment, Republic of Korea (method I) with that of the Ministry of Commerce, Industry and Energy (method II). Life cycle inventories (LCI) was performed using internal and external databases and the production statistics database of company S. The procedure of life cycle impact assessment (LCIA) was followed in terms of classification, characterization, normalization and weighting to identify the key issues. The impact categories of method I were divided into 8 categories with consideration of : abiotic resources depletion, global warming, ozone depletion, photochemical oxidant creation, acidification and eutrophication. The impact categories of method II were divided into 10 categories with consideration of: abiotic resources depletion, global warming, ozone depletion, photochemical oxidant creation, acidification, eutrophication, human toxicity, freshwater aquatic ecotoxicity, marine aquatic ecotoxicity and terrestrial ecotoxicity.

A Study on the Revitalization Pattern of Industry in Decline: Focusing on Korean Shoe Industry

  • LEE, Kang-Sun;CHOI, Kyu-Jin;KANG, Sung-Wook;CHO, Dae-Myeong
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.4
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    • pp.75-90
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    • 2022
  • Purpose - This study aims to study the activation pattern of declining industries by applying the Gompertz growth model using available resources based on the theory of industrial life cycle, classifying declining industries among Korean manufacturing industries, and identifying resource input characteristics. Research design and methodology - This study was conducted by combining the Gompertz growth model that predicts the limit of output based on available resources under the industrial life cycle theory. Using Gompertz model, this study analyzed the life cycle of 39 Korean manufacturing industries from the perspective of domestic production, number of employees, and fixed assets Results - According to a life cycle analysis of 39 manufacturing industries in Korea, the computer, textile, and shoe industries were classified as declining industries. Among them, research on resource input characteristics on the shoe industry showed that domestic production and the number of employees decreased, while the proportion of domestic R&D personnel and the number of research departments gradually increased. Conclusion - Among the declining industries in Korea, the shoe industry is considered to revitalize the industry, that is, to extend the life of the declining industry by offshoring its production site and improving constitution with a "R&D center for global" support.

R&D Cooperation and Life cycle (Concentrating of case study relating to Cooperation and Competition in Information Industry) (공동연구개발과 순기 모형(부 : 정보통신분야의 협력과 경쟁관계를 중심으로))

  • 김범환
    • Journal of Technology Innovation
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    • v.2 no.1
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    • pp.256-276
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    • 1994
  • This paper aims at identifying the desirable R'||'&'||'D life cycle related to government-industry cooperative R'||'&'||'D. It is based on a case study associated with the relationship between cooperation and cooperation in information in information communications sector. It presents three types of R'||'&'||'D life cycle to achieve a technological enhancement as high as possible with limited resources. The first case of R'||'&'||'D project is of "advanced type". In the generic technology phase, government takes a leading role jointly in R'||'&'||'D activities, but, in after the applied research phase, the domestic firms take the lead. This kind of cooperation can be made when competition between domestic firms is highly intense, and the technological knowledges of participating firms are at internationally competitive levels. The second type of "less-advanced type"; the firms of a country(more often a small country) lag behind in technology level, and the penetration of foreign firms in the market is limited. In this case, government takes full charge of R'||'&'||'D activities up to the applied research phase, due to the low technology level and insufficient financial resources of private firms. Lastly, this paper presents and R'||'&'||'D life cycle of "strategic" type. This applies to the case in which domestic firm with less financial resources make an attempt to increase their technological knowledges while the government, in turn, contributes to strengthen the international competitiveness of domestic industry.

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A Study on The Household Investment Planning According to Family Life Cycle (가족생활주기에 따른 가계의 투자계획에 관한 연구)

  • 범수인
    • Journal of the Korean Home Economics Association
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    • v.30 no.1
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    • pp.199-217
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    • 1992
  • The purpose of this study was to examine changes in the household investment planning according to the family life cycle, to improve the household investment planning process, and to develop research model. The results were as follows : Household investment planning varied with stages of the family life cycle because the stock of resources shifted and financial goals changed as the family life cycle stage changed. The main financial goals of family in each stage of the life cycle were the purchasing of house in the establishing stage, children's education and marriage in the extending stage, and the elderly's economic welfare in the diminishing stage. Also, in the Ⅰ & Ⅱ stage the most important investment goals were the purchasing of house, children's education in the Ⅲ stage, children's marriage in the Ⅳ stage, and the elderly's economic welfare in the Ⅴ stage. Therefore, the financial goals were recognized as the important goals underlain the investment-planning goals, and alternatives for the accomplishment of investment-planning goals were determined. The results of this study can contribute to establish the long-run investment planning process and improve the level of household's financial well-being.

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Analysis of the Corporate Life Cycle using the Gompertz Model Focused on Korean Pharmaceutical Longevity Companies

  • Kyu-Jin, CHOI;Kang-Sun, LEE;Sung-Wook, KANG;Dae-Myeong, CHO
    • The Journal of Economics, Marketing and Management
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    • v.11 no.1
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    • pp.31-44
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    • 2023
  • Purpose: This study aims to figure out the characteristics of corporate life cycle and resource input in terms of the sustainability diagnosis of pharmaceutical companies in Korea. Research design, data, and methodology: Using the Gompertz model under the assumption that companies have finite resources, this study tries quantitative interpretation of life cycle and resource input pattern for longevity companies with 25 years of experience among 158 pharmaceutical companies listed on Korean stock market based on maturity of revenue. Results: The study found revenue maturity through Gompertz model was statistically correlated with enterprise value. According to the life cycle analysis, more than 95% of 59 pharmaceutical companies were in the growth and maturity phase and have an average life cycle of 88 years and an average remaining life of 52 years. Regarding maturity profile of resource input, maturity of employees was generally high more than 60% and this meant there was jobless growth in Korean pharmaceutical industry. Conclusion: This study demonstrated there is a high statistical correlation between the maturity of a company's resource input and its revenue and enterprise value. It is believed that these results could be utilized as a basis for high fidelity function that predict revenue and enterprise value based on resource input information.