• STI Policy Review
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• 제7권2호
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• pp.85-105
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• 2016

This study compares the economic impacts among ICT sectors and derives strategic considerations for development of the ICT industry in Korea. Prior to analysis, this study classified ICT industry into four sectors: ICT equipment, components, service, and SW/system. This study conducted Input-Output Analysis on the four ICT sectors. An Input-Output Analysis is a quantitative economic technique that represents the direct and indirect interdependencies between different industries of a national economy. Features of each ICT sector were observed in the results. Within the ICT equipment sector, production is decreasing, import dependence is increasing, and employment size is very low, relative to the overall ICT industry. The component sector accounts for the over half of the output and value added of the ICT industry, but domestic production has recently declined. The subsector experienced decreasing production and increasing imports relative to the other ICT subsectors. In the service sector, output is small but its production and employment impact is very high. The fourth sector, ICT SW/system, has very low impact on production but high impact on employment. These features suggest two strategies to develop the ICT industry in Korea. First, the ICT component and service sectors should be promoted to stimulate growth of the national economy. Second, to encourage employment growth, policies should promote the ICT SW/system and service sectors.

• The Journal of the Korea Contents Association
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• 제17권10호
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• pp.216-230
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• 2017

The purpose of this study is to analyze the economic effectiveness of advanced enterprise welfare system utilizing DEA(Data Envelopment Analysis) and contribute to the adoption and implementation of the system conducted by Korea Workers' Compensation & Welfare Service(COMWEL). We classified 48 sample data into 3 categories : A category(basic consulting & intensive consulting, adoption) is 36, B category(basic consulting & intensive consulting, non-adoption) is 5, and C category(only basic consulting, adoption) is 7. A consulting fee is used as input variable, earning per employee and average employee tenure are used as output variables. As a result from DEA, we find out the fact that the economic effectiveness of A category is better than the economic effectiveness of B and C category and it comes to the conclusion that the consulting service provided by COMWEL has a positive effect on the adoption and implementation of advanced enterprise welfare system. Therefore, COMWEL is required to perform consulting service to small & medium business more actively and is needed to look at the reason why some businesses hesitate to accept the relevant system.

• Transactions of the Korean hydrogen and new energy society
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• 제33권6호
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• pp.707-714
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• 2022

Hydrogen production using solid oxide electrolysis cells (SOEC) is a promising technology because of its efficiency, cleanness, and scalability. Especially, high-power SOEC system has received a lot of attention from researchers. This study compared and analyzed the low-power and high-power SOEC system in term of economic. By using revenue requirement method, levelized cost of hydrogen (LCOH) was calculated for comparison. In addition, the sensitivity analysis was performed to determine the dependence of hydrogen cost on input variables. The results indicated that high-power SOEC system is superior to a low-power SOEC system. In the capital cost, the stack cost is dominant in both systems, but the electricity cost is the most contributed factor to the hydrogen cost. If the high-power SOEC system combines with a nuclear power plant, the hydrogen cost can reach 3.65 $/kg when the electricity cost is 3.28 ¢/kWh and the stack cost is assumed to be 574 $/kW.

• KSCE Journal of Civil and Environmental Engineering Research
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• 제34권2호
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• pp.645-654
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• 2014

PMS (Pavement Management System) of National highways in Korea has used HDM (Highway Development and Management)-4 developed by World Bank for decision-making for maintenance and rehabilitation of pavements. However using HDM-4 is not appropriate in Korea because HDM-4 requires excessive input factors for analysis and economic analysis models loaded in HDM-4 are not suitable for Korean circumstances. Thus this study aims development of decision-making system for effective pavement management with reflecting Korean circumstances. Moreover this study proposed to define component of system, deterioration models, and basic units for component, and to analyze characteristics of component of system, and also to develop optimal decision-making system. The decision-making system for PMS mainly consists of 1) DB of highways, traffics, and socio-economic index, 2) pavement deterioration model, 3) speed prediction models by pavement conditions, 4) economic evaluation models, and 5) decision-making supporting system. Also this study provided analysis results in case studies for system verifications. However pavement deterioration models considering future probabilistic characteristic and index of decision-making are needed to develop for a further study.

• Journal of the Korean housing association
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• 제26권2호
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• pp.103-110
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• 2015

Precast Concrete (PC) construction method can be the one that is suitable for long-life housing due to its merit in respect of maintenance and durability based on crack-free from mass production with indirect construction cost-saving-effect due to shortening construction period comparing to the conventional construction method, but it has the problem that causes the raise of direction construction costs. So, this study analyzed its economic feasibility of PC method whose maintenance and durability are excellent for underground parking lot of apartment house for accomplishing cost-saving long-life housing by applying the various structural system. In evaluation of unit module structural system, two-way PC system requires 10 to 28% more costs for frame work than RC rigid frames, and, one-way PC system 98~112%. Although it varies depending on the method, the costs are similar to RC rigid frame structure, provided a proper method is adopted. Also, Model 11, which was most economical in the evaluation, was applied to an real parking lot and about 2 to 6% of construction costs was reduced than RC rigid frames. This seems to be because, although PC system has a higher production cost, introduction of P.S (prestress) reduces member depth and, therefore, height, as well as the number of members per unit module.

• Journal of the Korea Society of Computer and Information
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• 제10권6호
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• pp.269-278
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• 2005

To justify the economic impacts of the internet access management is a purpose of this paper. Previous researches on economic justification were reviewed and the internet access management system. sniffer, and firewall were implemented to monitor real-time sessions and to record blocked attempts. This paper suggests the impact factors and measurement methods to justify the economic values of the internet access management system. Finally, this paper Proves that the overall impacts of the internet access management system have a Positive value because filtering mechanisms cause users to lose a small number of URLs including useful information and to diminish refreshment but save users from various risk points and enhance labor productivity.

• Transactions of the Korean hydrogen and new energy society
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• 제29권4호
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• pp.363-369
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• 2018

This paper considers the alternative way to mitigate cost for REC instead of Photovoltaic (PV) panels with Energy Storage System (ESS). This study starts from an economic analysis of a 1 megawatt PV system without ESS. Several assumptions have been applied in consideration of the current domestic situation. Based on this result, the economic efficiency of PV with ESS improved. However, the reliance on government subsidies was very high. The alternative way to cover the fluctuation power from renewable energy was reviewed with economical and technical way. In case the natural gas engine applied to PV, the IRR and Levelized Cost of Electricity (LCOE) can be improved without ESS. And if small amount of additional REC, the IRR can be improved up to investment level.

• Journal of Distribution Science
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• 제22권3호
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• pp.49-58
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• 2024

Purpose: Research on financial development plays a crucial role in guiding and implementing policies for both financial development and economic growth. This study aims to evaluate the impact of financial development on the economic growth of Southeast Asian countries. Research design, data and methodology: The research utilizes data from 11 Southeast Asian countries from 2015 to 2022. Financial development data is proxied by credit distribution in private sector. Results: Based on the analysis using the FGLS model, it indicates that financial development has a positive impact on the economic growth of Southeast Asian countries. In addition, the study also examines the impact of state investment costs and FDI investment on economic growth. The results also show that foreign direct investment flows still play an important role in Southeast Asian countries (FDI has a positive impact on economic growth). State investment costs also impact economic growth, showing that the development of public investment also brings good development to countries. Conclusions: These results suggest that credit policies for financial development in general, and the development of private credit in particular, play a significant role in these countries. Building a system to promote the activities of private sector economies will help stimulate the economic development of Southeast Asian countries.

• Journal of the Korean housing association
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• 제15권1호
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• pp.33-40
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• 2004

Considering the present development situation of rental apartment since 1982, the supply of rental housing for low-income dwellers has contributed a amount of quantities, but has been deficient qualities in housing policy. To propose the device of remodeling for low-income dwellers in deteriorated apartment, this study investigated the energy consumption of central heating system and the characteristics of maintenance cost in permanent rental apartment. The results of evaluation of alternative heating systems by Life Cycle Costing in permanent rental apartment were as follows; From Life Cycle 15∼20 years by Present Worth Method, the economic heating system of remodeling is central heating system (heat source: B-C oil), unit heating system(natural gas), central heating system(natural gas) in order.

• Transactions of the Korean hydrogen and new energy society
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• 제33권6호
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• pp.643-659
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• 2022

For the economic analysis of fuel cells, levelized cost of electricity was calculated according to the type, capacity, and annual production of the fuel cells. The cost of every component was calculated through the system component breakdown. The direct cost of the system included stack cost, component cost, assembly, test, and conditioning cost, and profit markup cost were added. The effect of capacity and annual production was analyzed by fuel cell type. Sensitivity analysis was performed according to stack life, capital cost, project period, and fuel cost. As a result, it was derived how much the economic efficiency of the fuel cell improves as the capacity increases and the annual production increases.