• 한국철도학회:학술대회논문집
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• 한국철도학회 2001년도 춘계학술대회 논문집
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• pp.44-51
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• 2001

To account for uncertainties involved in an economic analysis of project, sensitivity analysis are usually being done in Korea. Though useful for policy analysis, but it larks explicit consideration of probability of occurring certain events considered in the sensitivity analysis. Risk analysis otherwise can explicitly account for the probability of certain event which has dire impact on project viability, such as cost, discount rate, and size of benefit. This paper reports experience of applying risk analysis method for economic evaluation of railroad investment. Probability distribution of event has paramount impact on the risk analysis results, while not many prior researches dealt with these issues. Probability distribution of rolling stock cost and operating cost, in addition to those cost variables, are developed considering railway demand in this study. Case study results are reported. Issues in applying risk analysis are reported in addition to further research direction.

• 한국도로학회논문집
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• 제16권1호
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• pp.75-89
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• 2014

PURPOSES : This study evaluates the economic value of national highway construction projects using Real Option Pricing Models. METHODS : We identified the option premium for uncertainties associated with flexibilities according to the future's change in national highway construction projects. In order to evaluate value of future's underlying asset, we calculated the volatility of the unit price per year for benefit estimation such as VOTS, VOCS, VICS, VOPCS and VONCS that the "Transportation Facility Investment Evaluation Guidelines" presented. RESULTS : We evaluated the option premium of underlying asset through a case study of the actual national highway construction projects using ROPM. And in order to predict the changes in the option value of the future's underlying asset, we evaluated the changes of option premium for future's uncertainties by the defer of the start of construction work, the contract of project scale, and the abandon of project during pre-land compensation stages that were occurred frequently in the highway construction projects. Finally we analyzed the sensitivity of the underlying asset using volatility, risk free rate and expiration date of option. CONCLUSIONS : We concluded that a highway construction project has economic value even though static NPV had a negative(-) value because of the sum of the existing static NPV and the option premium for the future's uncertainties associated with flexibilities.

• 수산경영론집
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• 제39권1호
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• pp.63-85
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• 2008

The objective of this study is to review the methodology of economic analysis of fishing ports by examining the economical feasibilities of a national fishing port (Jeongja Port) in Ulsan. This study utilized market value evaluation method to measure the benefits and costs related to the development of ports. The benefit variables are income effects resulting from the developments while the cost variables are sum of construction costs and maintenance costs. The income effects are measured in two ways: (1) income from individual project resulting from the developments, (2) the income effects by utilizing investment multipliers. The results shows that the BC ratio (Benefits/Costs) of Jeongja port by using (1) income from individual project resulting from the developments was 1.07 while the BC ratio by using (2) the income effects by utilizing investment multipliers was 1.10 due to a relative short period of useful life for investment multipliers. However, the income variable utilizing investment multipliers is more sensitive to the period of duration than the income variable from individual project.

• 한국습지학회지
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• 제22권2호
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• pp.139-144
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• 2020

최근 고농도의 연계처리수를 인근 하수처리장으로 유입하고 있으나, 합리적이지 못한 연계처리 요금제도로 인해 지자체에서 하수처리 운영이 어려운 실정이며 이를 증명할 수 있는 근거나 데이터가 부족한 상황이다. 하지만, 국가 필수기반시설인 하수처리장은 일반적으로 예비타당성조사를 면제를 받기 때문에 경제성 평가를 실시한 사례가 전무하다. 따라서, 본 연구진은 선행연구를 통해 기존 연계처리 부과금의 단점을 보완할 수 있는 개선안을 제시하였고, 본 연구에서는 경제성분석을 실시하여 개선안을 적용하였을 때 기존 대비 얼마나 경제성이 개선될 수 있는지 비교평가를 하였다. 이를 위해 기존 환경시설의 예비타당성 평가 자료와 노후하수처리시설 현대화 진행 시 책정한 비용인자와 편익인자를 참고하였고, 연구진이 자체적으로 판단하였을 때 연계처리로 인해서 발생할 수 있는 편익 등을 고려하여 적용하였다. 연구결과 기존에는 B/C(Benefit/cost)값이 상당히 낮았으나, 연구진이 제안한 개선안을 적용하였을 경우 B/C값이 1에 가깝게 증가하는 것을 확인할 수 있었다. 따라서 본 연구진이 제안한 연계처리 부하에 따라 연계처리 부과금을 산정하는 방식은 매우 합리적이고 타당한 것으로 판단된다.

• 가정∙방문간호학회지
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• 제20권2호
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• pp.141-151
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• 2013

Purpose: The purpose of this study was to examine the economic effectiveness of by conducting a literature review of published articles, masters theses, and doctoral dissertations. Method: Prior to the literature review, inclusion-exclusion criteria were established. We then reviewed 1,029 CINAHL, MEDLINE, and Cochrane DB papers, and 153 RISS papers collected between Results: A total of 12 studies met the inclusion-exclusion criteria.-effectiveness: 6 cost-effectiveness studies, 1 cost-utility studies, and 5 cost-benefit studies. Each of the 12 reviewed studies concluded that home care nursing had greater economic benefits than other compared healthcare services. Conclusion: Home care nursing has significant economic benefits in multi health care service settings and for various patient groups. Therefore these results will be used a critical evidence for the development of economically effective home based health care systems for future policy making.

• 수산경영론집
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• 제40권3호
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• pp.69-88
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• 2009

This research was as part of restocking project conducted until 1986. The necessity of its economic and scientific verification on restocking project increased. The economic analysis of this project was intended to measure its effectiveness of rockfish restocking throughout certain water areas. The rockfish restocking in 2008 was carried two regional governments of Gyeongnam and Busan. 3-year average annualized performance is 3.76 million rockfish restocked and 940 million won invested. As Gyeongnam restocked 3.62 million rockfish and invested 890 million won, most of rockfish stocking accomplished in Gyeongnam. The public shipment was the 3-year average amount was about 400 tons. Each Suhyup shipment as follows; TongYong 66.6 tons, Namhae 23.6 tons, Samcheonpo 17.2 tons; Yeosu 13.3 tons, Geoje 4.7 tons, Goseong 3.1 tons, Hadong 1.0 tons. The private shipment was assessed by the interview of relevant market participations. The high percent areas of public ship were Nemaha, Goseong 90% and Geoje 80% or more. Hadong and Samcheonpo were about 50%. TongYong was 10% and the lowest. The private shipment was calculated using the percentage of private shipment surveyed. The total amount of private shipment was 4.8 billion, where 4.5 billion was TongYong, where most of private shipment is being made. The positive economic benefit occurred when the percent of restocked is over 15% in the overall catch. The percentage of restocked investigated with genetic test was 58.2%. With 58.2% ratio of restocked, there was 3.8 times economic benefit according to approximately 3.6 billion won. Economic effects were highly significant. As catch increased according restocking, joint market commission increased. Joint market commission was calculated as total restocked shipment multiplied by the ratio of commission, the calculated commissions were as follows; Hadong 5.0%, Geoje 4.8%, Goseong 4.8%, Namhae 4.8%, Samcheonpo 4.3%, Yeosu 4.3%, TongYong 4.0%. According to calculation results, annual commission fee of ￦60,000,000 was raised during 2006~2008. The fishing catch bulk for entertainment significantly increased in sea area carried with mass restock.

• 한국항만경제학회지
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• 제26권2호
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• pp.58-81
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• 2010

항만 리모델링사업에 따른 주요 편익에는 선박재항비용 및 하역비용 절감효과, 시민들의 친수성 공간 이용편익 등이 있다. 리모델링은 대체항만 개발에 따른 막대한 기회비용을 피할 수 있으며, 항만 공간이 시민들의 휴식 공간이 됨으로써 많은 편익을 낳을 수 있다. 일본은 제도의 투명성, 유사 사업간 평가의 정합성, 그리고 평가수법의 고도화를 위해 끊임없이 노력하고 있다. 투자평가 시 사업주체의 의사결정에 도움이 되도록 사업에 따른 모든 효과와 비용은 가능한 한 화폐 환산이 가능하도록 한다. 한편 친수성 항만 공간 조성에 따른 항만 녹지, 광장, 위락시설, 수변시설 등의 이용자 편익은 여행비용법으로, 한편 해상안전, 수질 저질의 정화에 따른 편익은 가상가치법으로 각각 추계할 것을 권장하고 있다. 보다 나은 투자평가를 위해서는 평가의 객관성과 신뢰성을 높일 수 있도록 평가 시 최저한으로 준수하여야 할 가이드라인을 제시하도록 한다. 평가의 신뢰성을 제고하기 위해 평가 방법이나 기본 원단위의 개발에 힘쓰고, 평가 사례의 축적을 통하여 사례별 평가결과의 상호 비교를 가능하게 함으로써 유사 사업간 평가의 일관성을 높이도록 하여야 할 것이다.

• 한국항만경제학회지
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• 제24권4호
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• pp.153-171
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• 2008

본 논문은 부산 신항 배후단지에 대한 경제성평가로써, 항만 배후단지 투자에 대한 편익-비용분석을 이용한 실증분석으로 이루어졌다. 항만 배후단지 경제성평가를 위해 항만 배후단지 경유 물동량과 항만 물동량 중 항만배후단지경유비율 등이 중요한 고려사항이 되고 있다. 그러나 관련된 선행보고서를 살펴보면, 각 다른 항만물동량 추정치와 경유비율을 적용하는 것을 볼 수 있으며, 대부분의 보고서들은 항만배후단지 개발과 관련하여 낙관적인 관점에서의 물동량추정치와 경유비율을 적용하고 있다. 그러나 본 논문에서는 이러한 기존의 분석들과 달리, 부산신항 배후단지 경제성평가를 비관적인 관점에서 시도해보고자 하였다. 본 연구에서는 부산신항 배후단지 경제성평가를 위해 세 가지의 시나리오를 구성하여 경제성분석을 하였는데 그 결과는 세 가지 시나리오 모두 경제성이 없는 것으로 나타났다. 좀 더 보수적 관점에서 파악하자면 만약 항만배후단지의 활성화에 의한 전략수요가 창출되지 않는다면 현재 계획된 배후부지 면적은 다소 크게 추정되어 있는 것으로 판단된다. 둘째, 미래 수요추정을 기본으로 하여 편익이 산정되고 이를 바탕으로 경제성 평가가 이루어지기 때문에 물동량 예측치는 매우 중요한 요소 중 하나이다. 즉, 보다 정확한 배후단지 경제성평가를 위해, 무엇보다도 신뢰할 수 있는 물동량 예측치가 필요하며, 이를 위해 공신력 있는 국가 기관 및 국책 연구 기관등의 역할이 중요할 것으로 판단된다.

• The Journal of Asian Finance, Economics and Business
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• 제6권3호
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• pp.141-149
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• 2019

The paper proposes a knowledge innovation performance model by the dynamic data envelopment analysis with slacks-based measure approach for evaluating the effectiveness of 30 regional knowledge innovation activities in China from 2010 to 2016. In recent years, China has paid more attention to knowledge innovation activities, as central and local governments have pushed on with their innovation projects by lots of investment whatever the difficulties may be. Decision-maker is usually interested in judge its knowledge innovation performance relative to target benchmark by exploring whether one provincial administration region performs better among others and/or if the growth of economy will be benefited greatly by the knowledge innovation activities. To acquire the managerial insight about this issue from a comprehensively designed performance evaluation model, knowledge innovation activity is conceptualized as an intertemporal production process. Invention patent and regional gross product are imposed on desirable outputs, highlighting the need for knowledge economy. The empirical result shows that knowledge innovation has a positive effect on economic development. At the same time, decision-maker should be interest in the economic effect of patents' type and quality. The government should then encourage new technical applications with greater commercial value from a market-oriented perspective, in order to benefit the most from the innovation process in the short-run.

• 산업공학
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• 제5권2호
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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.