• Title/Summary/Keyword: National Subsidy

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Analysis of the Average Abatement Cost of Forest Carbon Offset Projects for the Government Purchase of Forest Carbon Credits (산림탄소흡수량 정부구매를 위한 산림탄소상쇄 사업의 평균저감비용 분석)

  • Kim, Young-hwan
    • Journal of Climate Change Research
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    • v.7 no.4
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    • pp.391-396
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    • 2016
  • This study was intended to analyze the average abatement cost (AAC) of forest carbon offset projects to suggest a basic credit price for government purchase of forest carbon credits. For this purpose, an a/reforestation project and a forest management project were designed with 30 years of project period. It is assumed to plant pine trees (Pinus densiflora) for the a/reforestation project, while it is assumed to replace rigida pine trees(Pinus rigida) with oak trees (Quercus acutissima) for the forest management project. For each project, the forest carbon stock was calculated and the revenue and the cost were analyzed with standardized management activities. Korea Forest Service has supported private forest owners the cost of management activities and the consulting fee for designing carbon offset project. Therefore, the AAC were analyzed for two cases : the one with subsidy for consulting fee (case 1) and the other with subsidy for both consulting fee and management costs (case 2). In addition, the sensitiveness of AAC was analyzed according to the 4 credit prices : ₩5,000, ₩10,000, ₩15,000 and ₩20,000. The result showed that the AAC analyzed for the case 1 was so high that net revenue would not be expected from all project types with any credit price. However the AAC analyzed for the case 2 was relatively lower than the AAC of case 1. Net revenue was expected from a/reforestation project with credit price over ₩10,000, while from forest management project with credit price over ₩15,000. Based on the AAC analyzed in this study, ₩15,000 was suggested as the basic price for government purchase of forest carbon credit.

Recent Trends of Forestry Economics and its Problems in Japan (최근(最近) 일본(日本)의 임업경제(林業經濟) 동향(動向)과 임업(林業)의 과제(課題))

  • Park, Myeong Kyu
    • Journal of Korean Society of Forest Science
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    • v.46 no.1
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    • pp.70-76
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    • 1980
  • Forestry economics in Japan faces the problems of severe decreasing of timber demand and increased importing of foreign timber. Moreover, lack of labour and heavy wages in forestry cause the failure of normal forest management in Japan. In the situation, it is necessary for enhancing the forest production to reorganize the forest resources, to optimize the amount of importing foreign timber, and to greatly expand the new forest road, reforestation, government subsidy and poritical financial support for the foresters. At present, improvement of mangement of national forest as well as public function of forest are being discussed for the forest production on the government basis.

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A Comparative Study on Space Organization of Elementary School in Korea and Japan (한·일 초등학교의 공간구성 실태 비교)

  • Choi, Hyeong Ju;Cho, Jin Il;Park, Hee Won
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.12 no.3
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    • pp.11-25
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    • 2013
  • This study aims on finding a direction of desirable space organization of future elementary school in Korea by analyzing current status of space organization of elementary school in Japan. In this study comparison and analysis of curriculum of Korea and Japan, facility standards on national level and standards of national subsidy, current status of number of schools and students, transition of changes in facility area of elementary school for last 10 years are included. In Korea and Japan each 7 elementary schools which were constructed after 2007 and are good in space organization and school planning are selected. The comparison and analysis of satisfaction level on physical educational conditions and facilities such as current status of space organization and how to use them are conducted in this study. The contents of analyzing space organization are 'entry and placement, outdoor space', 'space program' and 'phase structure and organization of unit space'.

Investment Efficiency and Management Performance of Korean Regional Public Hospitals (지방공사의료원의 투자효율과 경영성과)

  • Ha, Au-Hyun;Kim, Yun-Jin;Cho, Duk-Young
    • The Korean Journal of Health Service Management
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    • v.10 no.3
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    • pp.1-12
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    • 2016
  • Objectives : This study examined relations between investment efficiency and management performance as indexes related to productivity of Korean regional public hospitals. Methods : The analysis data are financial information of Korean regional public hospitals from 2011 to 2014. For the indicators, value added to total assets, value added to productive activity tangible fixed assets, and value added to personnel expenses, operating margin to revenues, net profit to total earnings, and ratio of value added. Results : Significant relevance was not shown among indicators of investment efficiency. However, Significant relevance was shown between value added to personnel expense and productivity per value added. Conclusions : It confirmed that outside support funds like subsidy did not have effect on improving the management performance. Also, it could be known that availability about input of capital and labor was not realized organically.

Evaluation of Agri-Environmental Performance of Convention on Biological Diversity Using Winter Paddy Field in Korea

  • Lee, Deog-Bae;Park, Sang-Hyun;Kang, Kee-Kyung;Ko, Byong-Gu;Park, Kwang-Lai;Seo, Myeong-Cheol;Kim, Jong-Gil
    • Korean Journal of Environmental Agriculture
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    • v.27 no.4
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    • pp.464-473
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    • 2008
  • Winter migratory birds gather in paddy rice fields to feed shed rice grains. The Korean Ministry of Environment has practiced a policy program Contract on Paddy Field Management (CPFM) during winter fallow since 2002. This program starts with a contract between local governments and farmers, and the government pays a differential subsidy to farmers who finish spreading rice straw, cultivating barley, letting the whole rice plant without harvest, and submerging paddy fields for winter migratory birds. As more local governments have operated CPFM program, the total area on the contract and subsidy budget has increased yearly since 2002. This program could have its stable position as a successful policy by giving profits to farmers. With the program extended, the population of winter migratory birds has been greatly. For the evaluation of environmental performance of a policy, we analyzed this CPFM program by introducing some indicators in the form of Driving Force-State-Response Framework. The indicators were composed of 3 categorized indicators; the area of paddy land contracted under this program as 'driving force' indicator, population of birds, the number of bird species and the amount of feces as 'state' indicators, and the size of monetary support, the number of farmers or local governments participating, and public perception as 'response' indicators. The contract area of paddy field under CPFM could be a good biodiversity indicator reflecting potential performance of this policy measure in the light of its linkage to the population of winter migratory birds. And the share of CPFM land of the whole agricultural land might also be used as a useful indicator of policy evaluation for improvement of wildlife diversity. The 'state' indicators such as population of birds and the number of bird species could be matched to 'driving force' indicator, but the total CPFM area of each site could not reflect the effect of areas under different management practices. However, the amount of bird feces could reflect differences in environmental performance with management practices as 'state' indicators. The development of indicators indicating 'response' such as farmers' behavior, public perception, and policy makers' willingness is also needed to support a successful implementation and improvement of this policy measure with the development of 'performance' indicators integrating all these indicators.

R&D Funding and R&D Performance : The Moderating Effect of Indirect R&D Cost Ratio (연구비 재원과 연구개발성과 : 간접비 비율의 조절효과를 중심으로)

  • Lee, Joonbeom
    • Journal of Korea Technology Innovation Society
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    • v.21 no.1
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    • pp.420-453
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    • 2018
  • In the growth of the government's investment in national R&D project and the abuse of research expense, an effective control and management mechanism is strongly demanded. However, an excessive regulation might hinder the R&D performance, which also endangers the underlying objective of R&D policy. Especially, an excessive regulation on the R&D expenditure may damage the SMEs (Small and Medium sized Enterprises) where securing an adequate level of R&D funding is vital. This study investigates the R&D funding and R&D performance of SMEs participating in the national R&D project by using fixed effect panel model. As a result, this paper reveals the effectiveness of 'Government R&D subsidy'. However, that of 'private R&D fund' is not supported strongly. Also, this paper empirically demonstrates the efficiency of both 'Government R&D subsidy' and 'Private R&D fund' as the R&D costs are spent discretionarily (as the degree of 'Indirect Cost Ratio' increases). Especially, the effectiveness of 'Private R&D fund' can be moderated by 'Indirect Cost Ratio'. On the basis of the conclusions, this paper draws an implication that can increase R&D performance of SMEs through the interactions of manifold administrative values (i.e. effectiveness, efficiency and responsibility).

R&D Spillovers with Endogenous Absorptive Capacity: Lessons for Developing Countries

  • Bae, Chankwon
    • East Asian Economic Review
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    • v.20 no.2
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    • pp.191-228
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    • 2016
  • This paper analyzes the role of absorptive capacity in R&D spillovers through strategic R&D investments in a game-theoretic framework. In the model, a firm's effective R&D is composed of idiosyncratic R&D, which produces its own innovations, and identical R&D, which improves absorptive capacity. The model shows that in the presence of absorptive capacity firms have a tendency to underinvest (overinvest) in idiosyncratic (identical) R&D relative to the social optimum. As the spillover becomes larger, firms decrease their own R&D while they become more inclined towards strategic exploitation of rivals' efforts. Since the former effect overpowers the latter, the total amount of R&D decreases as the spillover increases. This is socially undesirable, providing a potential justification for a governmental subsidy for idiosyncratic R&D and a tax on identical R&D. The findings may have important implications for newly industrialized or emerging countries that consider a redirection of national R&D policy and intellectual property rights (IPR) regime.

Development of Renewable Energy Source in Mongolia: Biodiesel (몽골지역의 신재생에너지 발굴: 바이오디젤)

  • Hong, Yeon Ki
    • Journal of Institute of Convergence Technology
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    • v.3 no.1
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    • pp.9-14
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    • 2013
  • Recently, the development of renewable energy sources in Mongolia has been needed due to climate change and air pollution in Ulaanbaatar as rapid economic growth. Biodiesel can be considered as an alternative fuel for petroleum based diesel in order to decrease air pollution in Ulaanbaatar because of its no emission of particle materials from internal combustion engine in automobile. Rapeseed oil having low cloud point and pour point was suggested as a promising raw material for biodiesel production in Mongolia. Considering high population density and severe air pollution by particle materials and SOx in Ulaanbaatar, prior supplying site of biodiesel in Mongolia was the capital region including Ulaanbaatar. In the production of biodiesel in Mongolia, adsorption process was a effective alternative to washing process for the removal of residual alkali catalyst and reactants due to long winter time in Mongolia. For the stable supply of biodiesel, subsidy and no tax policy is needed in the early stage of biodiesel supply in Mongolia.

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Economic Evaluation of Generating Systems Using Renewable Energies (대체에너지 전원개발을 위한 지원방안 및 지원수준 결정)

  • Jo, I.S.;Rhee, C.H.;Jin, B.H.
    • Proceedings of the KIEE Conference
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    • 2000.07a
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    • pp.573-575
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    • 2000
  • For the greenhouse gas emissions' reduction of fossil fuel, the energy policy on promotion of alternative energy should be implemented. Accordingly, national policies on the development and promotion of alternative energy were made and related laws and regulations are being made and comprehensive plans should be followed. The policies and strategies for promoting the renewable energy have been insufficient in comparison with that of the developed countries. This paper suggests the optimal subsidy level for Photovoltaic and Wind Power.

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The survey analysis on the recognition of agro-food exporter to promote exportation in Korea (농축산물 판매촉진사업에 대한 수출업체 의식 연구)

  • Kim, Kyung-Phil;Kim, Soung-Hun
    • Korean Journal of Agricultural Science
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    • v.38 no.3
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    • pp.559-569
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    • 2011
  • Korean government has introduced various programs to support exporters for the promotion of agro-food, including subsidizing the part of cost of transportation which is one of main supporting programs welcomed by exporters. However, the circumstance of global trade requires the change of government policy to promote exportation. The goal of this paper is to conduct the survey to analyze the recognition of agro-food exporters about the current promotion programs, and to suggest the findings to improve the Korean government program. The survey was conducted for 200 Korean agro-food exporters and 55 samples were taken for analysis. The results of analysis suggests followings: First, most of exporters still prefer the direct subsidy program, Second, however, many exporters also understand the necessity of the program to enforce the infrastructure for exportation and require that program, which will be the main promotion program in Korea.