• Journal of the Korean Solar Energy Society
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• v.23 no.4
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• pp.89-96
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• 2003

In planning a building retrofit, energy conservation, thermal comfort and economic benefits should be considered. In this study, retrofit effects of exterior insulating method on preventing condensation, saving energy were analyzed through the heat transfer simulation, energy simulation in the apartment house retrofitted by exterior insulating method cheaper than other retrofit methods. The results of this study show that the retrofit using exterior insulating method can prevent the condensation at the corner walls and save about 20% of annual heating load. The LCC analysis revealed to be effective to select a dryvit system for a building retrofit.

• International Commerce and Information Review
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• v.9 no.3
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• pp.23-32
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• 2007

The purpose of this study is to estimate and analyse the relationship between efficiency of bank industry and macroeconomic variables. We employ Johansen's multivariate cointegration methodology, since the model must be stationary to avoid the spurious results. The empirical results show that our model is stationary as well as mean-reverting. This paper also applies impulse-response functions to get additional information regarding the responses of the bank spread to the shocks economic variables such as long and short term interest rates differential, banking organ liquidity, business cycle index, and foreigner's net equity investment. The results indicate that while the bank spread respond positively to liquidity and equity investment shocks and then decay very quickly.

• International Journal of Naval Architecture and Ocean Engineering
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• v.5 no.1
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• pp.21-32
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• 2013

Marine transportation industry is undergoing a number of problems. Some of these problems are associated with conventional marine fuel-oils. Many researchers have showed that fuel-oil is considered as the main component that causes both environmental and economic problems, especially with the continuous rising of fuel cost. This paper investigates the capability of using natural gas and hydrogen as alternative fuel instead of diesel oil for marine gas turbine, the effect of the alternative fuel on gas turbine thermodynamic performance and the employed mathematical model. The results showed that since the natural gas is categorized as hydrocarbon fuel, the thermodynamic performance of the gas turbine cycle using the natural gas was found to be close to the diesel case performance. The gas turbine thermal efficiency was found to be 1% less in the case of hydrogen compared to the original case of diesel.

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 1994.11a
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• pp.68-77
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• 1994

The Integrated Gasification Combined Cycle(IGCC) power plant is one of Clean Coal Technology to meet the demand for clean and efficient electric power for the 21st century. This study is to investigate the impacts of changes in coal quality to the performances of gasification processes and IGCC plants. The selection of the most economic coal is an important attribute for the IGCC power generation technology. The performances of gasification processes was predicted, and compared with the results of Shell coal gasification demonstrantions. The IGCC performances with bituminous and sub-bituminous coal were predicted as well. It is obtained that the bituminous coal is superior to the sub-bituminous coal for IGCC power generation.

• KDI Journal of Economic Policy
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• v.41 no.3
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• pp.39-75
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• 2019

An emphasis on public-private partnership (PPP) in the regulatory policy process can overcome the challenges hindering regulatory effectiveness with the emergence of fast developing technologies and new industries. This study attempts to evaluate quantitatively different aspects of institutional settings of South Korean regulatory policy in terms of stakeholder engagement as PPP, using evidence-based data released by the OECD. From the results of the principal component analysis, South Korea can be evaluated as being at a very good level overall in its institutional establishment. Nevertheless, the fact that the outcome of regulatory reforms in South Korea is still insufficient compared with this well-established system suggests that the country should concentrate on improving system operation. Consequently, this study makes policy suggestions to improve regulatory effectiveness through PPP by supplementing the facets that are well-equipped but not feasible with respect to regulatory policy cycle, regulatory governance, regulatory method, and conflict resolution.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.18 no.35
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• pp.79-88
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• 1995

The Quality Assurance System proposed in this study is based on the functional deployment of quality, which is an integration of the FAST(Functional Analysis System Techique) in VE(Value Engineering) and the Quality Development Method of TQC(Total Quality Control). The proposed Quality Function Deployment is proved to be an efficient tool for the consistent management of quality Assurance in every stages of product life cycle. The purpose of this study is therefore to develop practical and systematic methods for quality assurance activities, so as to satisfy the consumer's needs at the most economic level. To verify the feasibility of this approch, a case study is performed.

• Proceedings of the KSR Conference
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• 2008.11b
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• pp.1029-1037
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• 2008

As for track maintenance, Seoul Metro executes track bed improvement project from obsolete ballast track bed to concrete track bed in order to achieve maintenance free and to extend its LCC(Life Cycle Costing). When it comes to obsolete ballast track bed withdrawal task, now it is done solely relying on man power and ballast inhalation vehicle. In this paper, I suggested ballast cleaning system with lighter equipment to change manpower withdrawal tasks to mechanized ones. It is expected to improve work efficiency and economic benefits by applying track excavator having variable wheels and container etc, which is able to keep on the site.

• Proceedings of the KSR Conference
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• 2008.11b
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• pp.1251-1256
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• 2008

Urban railway system has make rapid progress ever since Seoul metro line No.1 was opened in 1974. Now, it is time to prepare system maintenance scheme and procedure that can be available even after 30 years from now. Especially, signaling system must be chosen with considering its life cycle since the system is categorized into electronic equipments. As for current signaling system, mechanical components such as relays has decreased while communication and S/W has integrated in order to implement its correct function. Therefore, it is required to establish system review and switch-over scheme with considering operational environment, maintenance system and an operator. In this paper, therefore, we analyzed various factors - technical, operational and economic - that have effect on system improvement so as to prevent making any mistakes on system improvement.

• Nuclear Engineering and Technology
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• v.49 no.3
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• pp.525-533
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• 2017

A new concept termed the Innovative Nuclear Power Plant Building Arrangement (INBA) strategy is a new nuclear power plant building arrangement method which encompasses upfront consideration of more efficient decommissioning. Although existing decommissioning strategies such as immediate dismantling and differed dismantling has the advantage of either early site restoration or radioactive decommissioning waste reduction, the INBA strategy has the advantages of both strategies. In this research paper, the concept and the implementation method of the INBA strategy will be described. Two primary benefits will be further described: (1) early site restoration; and (2) radioactive waste reduction. Several other potential benefits will also be identified. For the estimation of economic benefit, the INBA strategy, with two primary benefits, will be compared with the immediate dismantling strategy. The effect of a short life cycle nuclear power plant in combination with the INBA strategy will be reviewed. Finally, some of the major impediments to the realization of this strategy will be discussed.

• KDI Journal of Economic Policy
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• v.41 no.2
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• pp.1-39
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• 2019

This paper utilizes a life-cycle overlapping-generations model to quantify the welfare effects of plans to postpone the depletion of the National Pension Fund. In order for the model to incorporate the rapidly changing demographic structure of Korea fully, we build and calibrate a model in transition directly. The model is considered suitable for analyzing the effects of demographic changes on the Korean economy and the effects of plans to change the National Pension System. According to a simulation of the model, to postpone the depletion of the National Pension Fund for 30 years, the premium rate must be increased to 18.3% from the current rate of 9%. By postponing the depletion of the fund reserve, young and future generations gain significantly at the expense of the older generations. The simulation results should be, however, interpreted as meaning that the current system is unjustifiably partial to the older generations. Moreover, given the current premium rate, it is desirable to strengthen the income-redistribution function of the National Pension System.