• Title/Summary/Keyword: economic benefit evaluation

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An Evaluation Model Development of Technology Green Index(TGI) and It's Application to Defense R&D Projects (기술녹색도 평가모델 개발 및 적용사례)

  • Choi, Don-Oh;Lee, Hyo-Keun;Lim, Jong-Kwang;Lee, Hun-Gon
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.3
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    • pp.299-308
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    • 2009
  • In this paper, we have developed an evaluation model of technology green index(TGI) which includes 3 evaluation factors and 13 indicators. Furthermore, as presenting the degree of relative importance among evaluation factors and indicators for all R&D evaluation stages and all green technology areas, and applying the proposed model to 5 defense projects, we have found applicability of the model to evaluation of defense R&D projects. The results of evaluation using this model can be used to monitor the performance of project life cycle and develop R&D investment strategy of green technology using portfolio analysis.

Economic analysis of jeju offshore pilot run wind farm by sensitivity analysis (민감도 분석을 적용한 제주 연안 풍력단지 설계의 경제성 분석)

  • Lee, K.H.;Park, J.H.;Jin, J.W.;Kwon, K.R.;Choi, K.H.
    • Journal of Power System Engineering
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    • v.16 no.5
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    • pp.13-19
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    • 2012
  • In this paper, the offshore wind farms have been designed by using WindPRO with the help of real wind data measurements at Jeju Costal area by calculating the annual energy production for exact economic evaluation. In order to achieve benefit of wind farm, the annual revenue for power generation have been calculated with SMP and REC value. And construction cost has derived from the real wind farm project case. Also O&M cost has been estimated by OMCE (Operating & Maintenance Cost Estimator) to get accurate cost of wind farm. Economic evaluation of wind farms have been performed by comparing above parameters. In addition, sensitivity analysis calculating the effect of these factors has also been carried out.

The Economic Evaluation of the Forest Biodiversity in South Korea (산림생물다양성의 경제적 가치 평가)

  • Kim, Jung-Taek;Lee, Gwan-Gyu;Kim, Joon-Soon
    • Journal of agriculture & life science
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    • v.46 no.4
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    • pp.31-39
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    • 2012
  • In this study, biodiversity was classified as 4 sectors (genes, species, ecosystems, and cultures) and overall 14 indicators were subdivided by the classification criterion of 4 sectors. Among those 14 indicators, monetary evaluation was conducted for 11 indicators that can be quantified in economic perspectives. Results show that negative economy effects (forest degradation, forest fire, forest damage caused by diseases and insects, deforestation, and cost under the assumption with the adoption of the Nagoya Protocol to be compensated for traditional knowledge) by reducing forest biodiversity were evaluated as 254.5 billion won annually. Also, Bioindustry, indigenous species, forest production, protection area, and income associated with mountain village were considered as positive economy effects and their annual economic value was 6.72 trillion won. Net annual benefit by maintaining forest biodiversity was about 6.5 trillion won.

A Study on the Development of an Economic Efficiency Model Considering Vehicle Operating Cost Properties of Signalized Intersections (신호교차로의 차량운행비용 특성을 고려한 경제성분석 모형개발)

  • Byeon, Eun-A;Kim, Yeong-Chan;An, So-Yeong;Go, Gwang-Deok;Yun, Su-Yeong
    • Journal of Korean Society of Transportation
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    • v.27 no.2
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    • pp.199-206
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    • 2009
  • In relation with economical efficiency analysis on investment evaluation of transportation system, among vehicle operating cost saving benefit that is applied to general preliminary assessment guidelines and investment evaluation guidelines, oil expense calculated data which concentrated and analyze on the relationship between oil consumption amount on running state and running speed. For uninterrupted flow which does not have stopped delay due to traffic signal, consideration for reduction benefit is possible due to the changes of running speed and travel time however, for interrupted flow which the stopping occurs due to signal control on actual signal intersection has no consideration for stopping delay time reduction and stopping rate improvement thus reflection of reality on improved effect analysis is difficult. Therefore, this research makes a framework to analyze benefits that reflects the features of signalized intersections by benefits associated with decrease of stopping delay time with existing research and developing vehicle operating cost calculation model formula. Vehicle operating cost has been redefined considering the stopping delay time by applying the oil consumption amount at idling and the economical benefit between conventional model and newly developed model when applied for the optimization of traffic signal system on the two roads in Seosan city has been analyzed comparative. While the importance of traffic system maintenance is being emphasized due to the increase of congested areas on roads, it is expected to assist in more realistic economical analysis which reflect the delay improvement through the presentation of an economic analysis model that considers the features of signalized intersections in signal optimization system improvements and effect analysis of congestion improvement projects`.

A Cross-Cultural Study on the Factors Influencing on Fashion Brand Loyalty between Korean and American College Students - Focused on Shopping Orientations, Clothing Attributes Evaluation, Clothing Benefits Sought - (한국과 미국 대학생의 패션 브랜드 충성도 영향 요인에 관한 비교 문화 연구 - 쇼핑 성향, 의류 제품 속성 평가, 의복 추구 혜택을 중심으로 -)

  • Park, Hyun-Hee;Ku, Yang-Suk
    • The Research Journal of the Costume Culture
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    • v.16 no.5
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    • pp.910-923
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    • 2008
  • This study investigated the difference in the influence of shopping orientations, attributes evaluation, and benefits sought on brand loyalty between Korean and American consumers within a clothing purchase context. Questionnaires were administered to 237 Korean consumers and 184 American college students who had purchase experience of casual wear in recent six months through off-line. The results were as follows. First, the hedonic shopping orientation had a positive impact on brand loyalty in both groups, whereas efficient shopping orientation had a positive impact on brand loyalty in American group. Second, the aesthetic attribute had a positive impact on brand loyalty in both groups, whereas utilitarian attribute had a positive impact on brand loyalty in Korean group. Third, brand value benefit sought had a positive impact on brand loyalty in Korean group and body expression/complement had a positive impact on brand loyalty and economic benefit sought had a negative impact on brand loyalty in American group.

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A study of technology evaluation for the development of digital radio frequency memory based on DTV methodology (DTV 기반의 디지털고주파기억장치 개발 기술의 가치평가)

  • Choi, Ki-Yong;Seo, Jae-Hyun;Joung, Tae-Yun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.10
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    • pp.7196-7203
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    • 2015
  • The purpose of this study is to evaluate the value of the development technology for the Digital Radio Frequency Memory(DRFM), which is a core part of the aircraft jamming equipment to retransmit the jamming signals. In this study, we evaluated the values of the development technology using DTV, which is a developed methodology for the evauation of defense technology by the Defense Agency for Technology and Quality(DTaQ). From the results, the economic value for the DRFM development technology and the multiplier of public benefit considering the peculiarities of defense technology were evaluated in 854 million won and 0.7899, respectively, and the public benefit value was calculated as 675 million won. The final value of the development technology was evaluated in 1,529 million won.

An Evaluation Scheme on Feasibility in Public Sector for 3D Geo-Spatial Information - Focusing on Production of Digital Mapping (3차원 공간정보의 공공부문 사업성 평가 방안 - 2차원 수치지도 제작 업무를 대상으로)

  • Joo, Yong Jin;Kim, Kang Soo;Hahm, Chang Hahk
    • Journal of Korean Society for Geospatial Information Science
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    • v.20 no.3
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    • pp.73-82
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    • 2012
  • In order to carry out efficient investment and successful business in national geo-spatial industry, economic assessment on the field of 3D geo-information has recently emerged as a serious issue. Therefore, this study is intended to offer cost-effective evaluation scheme which are proper for 3D geo-spatial information, especially focusing on development of orthophoto and DEM. The study is organized as follows. The first section clarifies preliminary rules for feasibility by defining target work and category in order to estimate benefit. Then, this paper will be limited to consideration of production of digital mapping for target business which is expected to create high value and its benefit from cost reduction is suggested. Drawing from the AHP(Analytic Hierarchy Process) methods, this study comprehensively described final result and implication to examine business value. Consequently, this study can suggest economical evaluation methods on 3D geo-spatial information industry, which takes up a considerable part of immaterial benefit and has difficulties in economic assessment and estimation. preventing a variety of errors in system operation in advance.

The Economic Losses of Smoking (흡연의 경제적 손실분석)

  • Park, Jong-Ku;Lee, Kyu-Sik
    • Journal of Preventive Medicine and Public Health
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    • v.22 no.4 s.28
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    • pp.528-541
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    • 1989
  • The purpose of this study was to identify and measure the economic costs and benefits due to smoking in Korea. Cigarette smoking is a major cause of morbidity and mortality. In addition to the health risks of smoking, there are important economic consequences. A complete assessment of the economics of smoking requires evaluation of various health, economic, and intangible parameters, including benefits as well as costs of both the production and consumption of tobacco. In this article we focus on costs resulting from the health effects of smoking (expenditures for medical care and the value of productive output lost to morbidity, and premature mortality among smokers), since economic benefits from tobacco industry is offset by expenditures for purchasing tobacco. Two distinct methodologies will be applied to measure the economic costs of smoking cigarette, the human capital and willingness-to-pay approaches. This article used the former method. In 1985, total economic losses due to smoking was estimated as 505.7 billion won, which was composed of morbidity losses 64.9 billion won mortality losses 429.1 billion won and indirect costs 11.7 billion won.

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Estimating the benefit of constructing the international horse riding arena at Sangju (상주국제승마경기장 사업의 경제적 편익)

  • Jeong, Ki-Ho
    • Journal of the Korean Data and Information Science Society
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    • v.23 no.5
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    • pp.913-925
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    • 2012
  • This study evaluates the economic benefit of the project constructing the international riding arena having been built at Sangju in Gyeongsangbuk-Do by the willingness to pay (WTP) of residents in the province. As the evaluation method, the dichotomous choice contingent valuation method (CVM) is adopted with the additional questions of whether his/her WTP is zero, to improve the statistical accuracy of evaluation results. Considering the arena's administrative location, the population of the surveys for analysis is confined to residents of Daegu and Gyeongsangbuk-do. The survey is conducted through personal interviews. It turns out that the WTP per household per year is evaluated as 1,847 won and the total yearly benefit of the Sangju international horse riding arena is estimated as 3.56 billion won.

An Empirical Study on Relationship between Environmental Management and Sustainable Development (기업의 환경경영이 지속가능한 발전에 미치는 실증분석)

  • Jang, Kee-Yoon
    • Journal of Environmental Policy
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    • v.8 no.3
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    • pp.81-113
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    • 2009
  • This study conducted a regulatory impact analysis regarding the introduction of the Korean version of REACH(Registration, Evaluation and Authorization of Chemicals). The direct cost of the Korean REACH is estimated at a total of 101 billion Korean won over the 11 year period. The cost includes pre-registration, testing, registration, Chemical Safety Assessment(CSA) and Chemical Safety Report(CSR), evaluation, and the authorization costs of 15,223 chemical substances produced and imported more than 1 ton per year in Korea in 2006. With regard to the benefit, the only public health benefit is included in the estimation. Based on the available foreign and domestic data, this study estimated that the economic values of public health benefits are in the range of 33.2~138.6 billion Korean won if only the savings of the National Health Expenditures are considered and it reaches 203.9~1,640.3 billion Korean won if the willingness to pay(WTP) for disease prevention is included. This study proved that the Korean REACH passed the cost/benefit criteria. The benefit-cost ratio of the Korean REACH, however, is estimated to be lower than its EU counterpart. Thus it is suggested that a rigorous study to reduce the costs to industry be required before the Korean government introduces the Korean REACH.

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