• Title/Summary/Keyword: Stage of Economic Development

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A Study on the Environmental Evaluation in Use Stage of KTX and Samaul Train : the Development of Eco-efficiency Indicator (생태효율성(Eco-efficiency)지표 개발을 통한 KTX와 새마을호 열차의 사용단계 환경성 평가에 관한 연구)

  • Choi, Yong-Sin;Chun, Yoon-Young;Lee, Kun-Mo;Kim, Yong-Ki
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1313-1320
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    • 2011
  • World Business Council for Sustainable Development(WBCSD) is effort to achieve sustainable development in economic growth, environmental preservation and social development. Being this way, it is essential for developing evaluation tool which quantify to fulfill sustainable development. Eco-efficiency is one of the quantitative tools to evaluate environmental impact and economic aspect. Eco-efficiency, in general term, means creating more value of product or services with less impact to environment. It indicates as environmental impact in denominator and value of product or services in numerator. Eco-efficiency shows how much economic value reveals to unit environmental impact caused by product or service as an indicator. This study aims at developing eco-efficiency indicator of railway industry considering use stage among the entire life cycle stage of KTX and Saemaul train and also, figure out eco-efficiency value through indicator. Therethrough, it is enables to evaluate created value per environmental aspects. Since rail vehicles demands a lot of energy to transport people during use stage, the environmental impact is more significant than other lkfe cycle stages. Therefore, it quantified environmental indicator as CO2 emission and economic indicator as transportation record per a year with an annual income. This study contributes to be used as a tool for quantifying indicator of comparison evaluation in respect of rail vehicle in use stage.

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Effect of Economic Freedom on the Facilitation of FDI Inflows: Focus on the Direct and Moderating Effect by the Stage of Economic Development (경제적 자유가 외국인직접투자 촉진에 미치는 영향: 경제발전단계별 직접효과와 조절효과를 중심으로)

  • Moo-Soo Kim;Chan-Hee Lee
    • Asia-Pacific Journal of Business
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    • v.13 no.4
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    • pp.25-43
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    • 2022
  • Purpose - This study is to investigate the direct and moderating effect of intangible variable like economic freedom to facilitating factors on FDI(foreign direct investment) inflows and the difference of facilitating factors by the stage of economic development. Design/methodology/approach - Fixed-effect panel regression analysis with 19-year macro economic data from 2000 to 2019 including economic freedom index from Fraser Institute in 13 developed and 15 developing countries was used. Research implications or Originality - In analysis of direct effect of 5 sectors in economic freedom, the influence of economic freedom was shown weaker than other macro economic factors on FDI inflows, which indicates that actual development of economic factors are more important. The effect of economic freedom on FDI inflows at the stage of economic development differed. In developed countries, human capital, GDP, export, free trade and regulation affected FDI inflows in decreasing order, as did human capital, GDP, consumption expenditure, export, investment expenditure, government expenditure, free trade and sound money in developing countries. In analysis of moderating effect of economic freedom, a domestic and international market size, a flexible labor market which can provide a cheaper good human resources and government expenditures for improving social infrastructure under free economic environment facilitated FDI inflows. However, the statistical significance of moderating effect on export was not shown, which indicates that economic freedom policy itself without actual improvement of exports could not attract FDI inflows.

Development Plans by Life-Cycle of Rural Experience Tourism Village using Positioning Analysis - Focused on Hapjeon-village - (상한위치분석을 통한 농촌체험관광마을의 생애주기별 발전방안 -합전마을을 중심으로-)

  • Choi, Aesoon;Jung, Nam Su;Jeong, Dayeong;Song, Yi;Eom, Seong Jun;Choi, Se Hyun;Rhee, Shinho
    • Journal of Korean Society of Rural Planning
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    • v.20 no.2
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    • pp.11-22
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    • 2014
  • In this study, the objectives are to provide rural experience tourism village business courses and development direction in between individual farmers and the village in base on rural development business of Hapjeon-village. The developmental process of a farm-stay village can be categorized into the period of six stages: 1) a conception stage 2) an adoption stage 3) a growth stage 4) an expansion stage 5) a stagnation stage 6) a recovery stage. Farm Stay Villages, Individual Farmhouses or Producer Groups can be placed in four different quadrant areas of a graph, depending on the pursuing direction and results of core values by having the X-axis for economic factors (public profits, individual profits) and by having the Y-axis for emotional factors (self-actualization, conflicts). The first quadrant area is designated for ideal individual farmhouses and producer groups for having achieved the status of economic self-reliant and high emotional satisfaction. The second quadrant is for ideal self-actualized communal villages having achieved the independent public interest and public profitable status. The third quadrant is reserved for villages experiencing communal conflicts and no economic self-reliant stagnant status. The fourth guardant area is allocated for individual farmhouses and producer groups having achieved self-reliant economic status, yet having communal conflicts. Using the aforementioned concept, the government shall design village development projects and prepare realistic and achievable goals and place them in as a systematic device in future projects.

An Economic Evaluation about Research and Development for Renewable energy in Korea (대체에러지 기술개발에 대한 수익성 평가분석)

  • 전영서;김진오
    • Journal of Korea Technology Innovation Society
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    • v.7 no.2
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    • pp.325-349
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    • 2004
  • This paper tried to evaluate an economic analysis about research and development far areas of renewable resource in Korea. To evaluate this validity, we tried to calculate the spillover effect of R&D investment through input-output table. In the first stage of spillover effect, we simply calculate the rate of return on R&D investment for renewable energy resources in Korea through the input-output model, which can calculate the value added as well as output based upon the price of 2000 year. According to the first stage calculation, the rate of return on R&B investment in solar heat is higher than any other renewable energy. In the second stage we tried to calculate the second round of spill over effect, which derives from the additional amount of supply of renewable resources due to the R&D investment. The overall evaluation of R&D invesment including the first stage as well as second stage spillover effect shows that bio-energy and waste energy generate 14 times as well as 2.5 times in the rate of return respectively.

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Evaluation of the Importance of Risk Factors in Real Estate Development Projects and Their Risk Management (부동산 개발사업의 위험요인 중요도 평가 및 위험관리 방안)

  • Park, Jae-Yong;Park, Won-Seok
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.4
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    • pp.681-696
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    • 2010
  • This paper aims to evaluate the importance of risk factors at each stage of real estate development projects, and to propose risk management plans. For this purpose, possible risk factors at each stage of real estate development projects are extracted through previous studies, questionnaire survey by real estate experts is conducted next. And finally, the importance of risk factors at each stage evaluated using the AHP method. The results of this study are as follows. First, according to the results of evaluating the risk factors by main categories, planning risks in predevelopment stage, licensing risks in developing preparation stage, and cash flow risk in development stage are appreciated as most important risks. Second, according to the results by sub categories, changes in consumer preferences in pre-development stage, contracts and licensing-related work in developing preparation stage, bankruptcy of developers and construction companies in development stage, and compensation for any kinds of accidents in management and operation stage are appreciated as most important risks. Third, the major risk management plans at each stage based on the analysis results are suggested.

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Development of Science and Technology Park (STP) in Indonesia to Support Innovation-Based Regional Economy: Concept and Early Stage Development

  • Soenarso, Wisnu S.;Nugraha, Dadan;Listyaningrum, Eryda
    • World Technopolis Review
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    • v.2 no.1
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    • pp.32-42
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    • 2013
  • Science and Technology Park (STP) is perceived to be a vehicle in promoting innovation-based economic growth within the framework of regional and national innovation systems. STP is a tool to encourage regional innovation and competitiveness in increasing contribution of science and technology in economic development. STP can also be a leading sector in creating conducive environment for local community's technopreneurship. In relation to the vision outlined in the 2025 Indonesian Master Plan of Acceleration and Expansion of Indonesia's Economic (MP3EI), STP is stated to be an important element in creating innovation within the framework of Special Economic Zone among six Economic Corridors. Hence, the government of Indonesia continues to encourage the development of STPs in Indonesia by involving local governments, universities, business players and stakeholders surround the area. Ultimately, STP is a platform in developing National Innovation System (NIS) and Regional Innovation System (RIS).

Korea's Stage of Technological Development and Efficiency Oriented Technology Policy (산업기술개발(産業技術開發)의 실태(實態)와 정책적(政策的) 시사점(示唆點))

  • Seong, So-mi
    • KDI Journal of Economic Policy
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    • v.14 no.2
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    • pp.77-108
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    • 1992
  • Many economists and policymakers regard the ratio of R&D investment to GNP to be a good indicator of a nation's technological capabilities. Consequently, their major policy recommendation to promote technological development is a rapid expansion in R&D investment. However, a low R&D ratio does not necessarily mean less efforts at technological advancement since the composition of technologies to be developed varies depending upon the stage of economic development. Technology policy to improve the international competitiveness of domestic industries should be based on the stage of economic development and present technological status rather than on a simple comparison with advanced countries. At Korea's stage of development, maximizing the efficiency of R&D investment is more important than enlarging the size of the investment. Strategic alliances between domestic firms and foreign enterprises should be encouraged to save time and costs involved in acquiring new technologies and learning how to use them. The government should establish institutional devices to stimulate private enterprises to internationalize their business activities such as R&D, production, and marketing. The government should also promote the development of domestic and international R&D networks, which can serve as the infrastructure for technological innovations.

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An MCDM-Based Integrated Economic Analysis Model for the New Telecommunication Services (다기준 의사결정기법을 활용한 신규통신 서비스의 총체적 사업성 분석)

  • Chang, Haeng-Gorn;Choi, Sang-Hyun;Choi, Yong-Sun;Kim, Soung-Hie
    • IE interfaces
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    • v.5 no.2
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    • pp.3-17
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    • 1992
  • In this study, an integrated economic analysis model to analyze the new telecommunication services is developed. This model considers both the technological and managerial aspests altogether with respect to the profit and public benefit criteria. To encounter the various dynamically changing environments and evaluation criteria, multiple criteria decision making (MCDM)techniques are employed. The model consists of three stages; The first stage surveys related formal or informal data, generates analysis alternatives, and performs acceptabillty test in view of marketing. The second stage generates executive alternatives for each acceptable analysis alternative and checks the executionability in view of telecommunication technologies. The third stage performs the final integrated economic analysis including the profitability analysis. This study offers a basis for the future development of decision support system or expert system on the economic analysis of the new telecommunication services.

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Securing Land Rights in Myanmar Development Project : Focusing on Foreign Investment and Land System (미얀마 개발사업 추진시 토지권리 확보방안 : 외국인투자 및 토지제도를 중심으로)

  • Jeong, Yeun-Woo
    • Land and Housing Review
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    • v.8 no.3
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    • pp.145-159
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    • 2017
  • Despite the longing for democracy of most people, Myanmar has missed opportunities for social and economic development by military dictatorship. However, since 2010, the civilian government has gained new opportunities for reform. After turning to economic reform, developed countries such as the US and EU lifted the economic sanctions that they had taken in the past. As a result, it is growing rapidly compared to neighboring countries due to attracting foreign capital, tariff benefits on export items, and expansion of industrial infrastructure. Despite the increased investment value due to economic growth and democratization, the complex and customary land system of Myanmar must be an uneasy factor in securing stable land rights when entering overseas markets. Therefore, this study sought the method of securing the land rights in the development project through the analysis of the foreign investment system in Myanmar and the investigation of joint development cases. The results of this study are as follows. First, the acquisition of land use rights at the early stage of development can be considered through the foreign investment system. Under the Foreign Investment Law and Myanmar Investment Law, the land can be used for up to 70 years, and Under the Special Economic Zone Law, the land can be used for up to 75 years. Second, in relation to land compensation, it is required to establish a detailed resettlement plan for the indigenous people as the difficulty of land acquisition is expected due to the recent democratization trend and strengthening the voice of residents. Third, land use at the operational stage can be achieved by leasing the land from developers, and this will be the most realistic plan at present. In other words, the developer can directly develop the land created under the Foreign Investment Law and the Special Economic Zone Law, or Sub-lease and transfer the land use right to a third party.

Directions for improvement and development of the government statistical activities (統計行政의 발전방향)

  • 김경중
    • The Korean Journal of Applied Statistics
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    • v.1 no.1
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    • pp.1-11
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    • 1987
  • The Government is making every effort to improve the quality of statistics as well as the statistical system as a part in the sixth Five-year Economic and Social Development Plan which started from 1987. With regard to development plan, this paper is aiming to show the directions for improvement and development of the government statistical activities conforming to new socio-economic situation by reviewing and analysing the developing stage and the current circumstances and problems of statistics.

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