• Title/Summary/Keyword: economic estimation

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The Effects of Restrictions in Economic Activity on the Spread of COVID-19 in the Philippines: Insights from Apple and Google Mobility Indicators

  • CAMBA, Abraham C. Jr.;CAMBA, Aileen L.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.115-121
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    • 2020
  • This study aims to investigate the effects of restrictions in economic activity on the spread of COVID-19 in the Philippines. This research employs daily time-series data of confirmed new COVID-19 cases, Apple mobility trends (i.e., use of public transport to destinations, volume of people driving, and amount of walking to destinations) and Google community mobility (i.e., visits to transit stations, visits to workplaces, and staying-at-home) indicators covering the period February 17 to September 11, 2020. The analysis starts by establishing the correlation pattern of new confirmed COVID-19 daily infections to each independent variable. The results show negative linear correlation of the number of new COVID-19 daily infections with less visit to transit station, increase stay-at-home, less use of public transport, and less amount of walking to destinations. Interestingly, the number of new COVID-19 daily infections indicates some form of positive linear correlation with visits to workplaces and volume of people driving. Moreover, employing robust least square regression via the method of MM-estimation, major findings reveal that across mobility measures, staying-at-home has the highest impact on reducing the spread of COVID-19, followed by visiting transit stations less, less use of public transport, less amount of walking, and less workplace visits.

An analysis of the effects of Japan's nuclear power plant accident on Korean consumers' response to imported food consumption

  • Gim, Uhn-Soon;Baek, Kyung-Mi
    • Korean Journal of Agricultural Science
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    • v.44 no.4
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    • pp.620-635
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    • 2017
  • This study was intended to identify the main factors responsible for the decline in purchase of imported agricultural and fish products after Japan's nuclear power plant accident in 2011 and to compare the effects on imported agricultural produce and imported fish products. Logit model and multiple regression model analyses were performed using consumers' survey data. Psychological and qualitative factors reflecting consumers' food safety awareness and purchasing preferences, which were extracted by Factor analysis, were included as the models' explanatory variables, along with socio-demographic and economic factors. The Logit estimation showed aged, married, and low-income households had significantly higher probability of reducing their purchases of imported agricultural and fish products. However, the multiple regression results pointed out that the actual rate of decrease of imported agricultural and fish products purchases were more significantly affected by non-socio demographic factors such as past experience of purchasing imported agricultural and fish products, future intention to purchasing Japanese agricultural and fish products, and the ratio of imported to domestic agricultural and fish products before the nuclear accident, as well as consumers' feeling of food insecurity and their purchasing preferences. Moreover, the results showed that Korean consumers have reacted more sensitively to the decline in imported fish products than imported agricultural produce after the nuclear accident based on the marginal effects of various socio-demographic and economic factors.

Estimating Container Traffic of New Incheon Outer-South Port Using Stated Preference Methodology (명시선호(Stated Preference) 방법에 의한 인천남외항 컨테이너 물동량 추정)

  • Jeon, Il-Su;Kim, Hye-Jin;Kim, Jin-Won
    • Journal of Korea Port Economic Association
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    • v.20 no.2
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    • pp.151-167
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    • 2004
  • Traditional traffic forecast has employed regression analysis or time-series analysis based on past trends of explanatory variables. However, not existing but planned port facilities do not have historical data for traffic estimation. Consequently, arbitrary traffic allocation has been subject to researcher's intuition. In this paper, container throughput at New Incheon Outer-South Port will be estimated using stated preference(SP) and sample enumeration methodology on the basis of survey data about the choice behaviors of port users in a theoretical situation. In the SP survey, shippers, freight forwarders and carriers were required to answer a choice between two alternative ports: Busan and Incheon. Although total 27 scenarios of questionnaires were constructed with 3 levels of 3 explanatory variables, each interviewee was asked to answer for just 9 scenarios chosen at random. A binary choice logit model was applied to the survey data. The elasticity of travel time is estimated to be very high, implying that building New Incheon Outer-South Port could be effective in relieving the congestion of the Kyungin corridor. The analysis result shows that increasing service level at Incheon Port would bring in the substantial diversion of container cargo in the Capital region to Incheon Port from Busan Port.

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Slip Movement Simulations of Major Faults Under Very Low Strength

  • Park, Moo-Choon;Han, Uk
    • Economic and Environmental Geology
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    • v.33 no.1
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    • pp.61-75
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    • 2000
  • Through modeling fault network using thin plate finite element technique in the San Andreas Fault system with slip rate over 1mm/year, as well as elevation, heat flow, earthquakes, geodetic data and crustal thickness, we compare the results with velocity boundary conditions of plate based on the NUVEL-1 plate model and the approximation of deformation in the Great Basin region. The frictional and dislocation creep constants of the crust are calculated to reproduce the observed variations in the maximum depth of seismicity which corresponds to the temperature ranging from $350^{\circ}C$ to $410^{\circ}C$. The rheologic constants are defined by the coefficient of friction on faults, and the apparent activation energy for creep in the lower crust. Two parameters above represent systematic variations in three experiments. The pattern of model indicates that the friction coefficient of major faults is 0.17~0.25. we test whether the weakness of faults is uniform or proportional to net slip. The geologic data show a good agreement when fault weakness is a trend of an additional 30% slip dependent weakening of the San Andreas. The results of study suggest that all weakening is slip dependent. The best models can be explained by the available data with RMS mismatch of as little as 3mm/year, so their predictions can be closely related with seismic hazard estimation, at least along faults where no data are available.

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A Study on Database System for Deep-sea Mineral Exploration (심해저 광물자원 탐사자료의 데이터베이스 구축연구)

  • Park, Chan Young;Ko, Young Tak;Moon, Jai Woon;Kim, Hyun Sub;Ahn, Hong Il
    • Economic and Environmental Geology
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    • v.31 no.6
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    • pp.557-567
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    • 1998
  • In order to utilize the data obtained during the deep-sea resources exploration program, the analysis of data structure and database were conducted to develop an appropriate data operating system called Deep-sea Database System. The Relation Data Base Management System, RDBMS, was chosen as a data managing system and the MS Access$^{TM}$ as a DB engine, and the MapInfo$^{TM}$ software as GIS tools. Problems in networking and security were detected and solved during the operation test. Accordingly, development of standardized operative procedure was proposed in obtaining raw data. This proposal will also be reflected in the subsequent phase of the deep-sea program. The Deep-sea Database System could be applied to the selection of potential mining sites and the estimation of economical efficiency over th KODOS (Korea Deep Ocean Study) region. It is also expected that this system might improve the efficiency of detail survey and help in the relinquishment process as a fulfillment of the obligation as a pioneer investor.

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Estimation of Disturbed Zone Around Rock Masses with Tunnel Excavation Using PS Logging (PS검층에 의한 터널굴착에 따른 주변암반의 이완영역 평가)

  • Park, Sam Gyu;Kim, Hee Joon
    • Economic and Environmental Geology
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    • v.31 no.6
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    • pp.527-534
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    • 1998
  • Excavation of underground openings changes stress distribution around the opening. The survey of this disturbed zone in excavation is very important to design and construct underground facilities, such as tunnel, gas and oil storage, power plant and disposal site of high- and low-level radioactive wastes. This paper presents a zoning of rock masses with tunnel excavation using PS logging. Compressional and shear wave velocities are measured in boreholes drilled in the tunnel wall, which was constructed with blasting and/or machine excavation. The disturbed zone in excavation can be estimated by comparing PS logging data with a tomographic image of compressional wave velocity and compressional and shear wave velocities of core samples. In the side wall of tunnel, the disturbed zone reaches 1.5 m and 1.0 m in thickness for blocks of blasting and machine excavations, respectively. In the roof of tunnel, however, the disturbed zone is 1.0 m and 0.75 m thick for the two blocks. These results show that the width of the disturbed zone is larger in the side wall of tunnel than in the roof, and 1.3 to 1.5 times larger for the blasting excavation than for the machine excavation.

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Applying System Dynamics Model to Estimate the Effects of Healthy City Policies on Reducing Social Cost (시스템다이내믹스 기법을 이용한 건강도시화 정책의 사회적비용 절감효과 분석)

  • Kim, Eun Jung;Kim, Young-Pyo
    • Korean System Dynamics Review
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    • v.13 no.3
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    • pp.23-46
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    • 2012
  • The purpose of this paper is to estimate effects of healthy city policies on reducing social costs. The analyses were dune at the cities, counties, and communities levels in 2009, and covered Seoul Metropolitan Area(SMA). For estimation of reducing social costs, it developed a system dynamics(SD) model that analyzed causal relationships between physical inactivity rates, the number of deaths, medical expenses, and total social costs. Simulation period of SD was from 2009 to 2030. Three alternatives were proposed with combinations of length of bike lanes, number of bus routes, crime rates, self-reported good health status rates, and obesity rates. The total estimated cost of physical inactivities from 2009 to 2030 was 31.9 trillion won from the future forecast without policies. As a result of simulations with three alternatives, there were economic benefit approximately from 119.7 billion won to 1.16 trillion won. This study contributed to better understanding the economic benefits of healthy cities that were associated with design of built environment and physical activity. It also emphasized the importance of healthy cities planning as one of national welfare polices.

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Air Pollution by Airplane Engines (항공기 엔진에 의한 대기오염)

  • 김대식
    • Journal of the Korean Professional Engineers Association
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    • v.32 no.5
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    • pp.118-125
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    • 1999
  • Air pollutant emissions from airplane engines are estimated about 2 to 4 % of mobile source of USA and European countries which is not a large portion of current air pollution. But the passengers and airfreights are continuously increasing 5 to 7% annually and potential demands of air transportation services come to present, it could effect air pollutant emissions of USA will increase within 15 years. In case of our country, there has been continuous increase of air transportation service due to considerable economic growth in recent years and increase of air pollutant emissions of major international airports has followed. Rapid increase of air transportation due to launching of Inchon International Airport could effect air pollution dominantly. By this circumstance environmental specialist as well as mass communication raised necessity of air pollutant emission regulation from airplane engines. It is estimated that air pollutant emissions from airplane engines in our country is 2.7% of automobile sources, 10,809 ton, which is the same level as USA and European countries. It is increased by 12,2% compared to air pollutant emissions during 1996 and it will be increased more than a half of current air pollutant emission within 15 years due to our country's economic condition. Therefore implementation of airplane engine emissions regulation as well as test standards and accumulation of technology about characteristics of airplane engine emission and reduction method are needed. And continuous estimation of air pollutant emission from airplane engines and monitoring of increment as well as development of countermeasures by long term are necessary.

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A Simulation Study for the Optimum Design of Cogeneration System (소형열병합발전 최적 시스템 설계 시뮬레이션)

  • Im, Yong-Hoon;Park, Hwa-Choon;Choi, Young-Ho;Chung, Mo
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.325-331
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    • 2009
  • In this paper, a simulation approach for the optimum design of cogeneration system is described. For the purpose of the systematic analysis, a simulation tool is developed with which the prediction of the energy load, calculation of operation data according to prime mover or capacity of it, and estimation of economic gains can be carried out. As for the criterion of the optimum design, the economic gains by adopting cogeneration system is taken. Based on the capital, operation, and maintenance costs etc, LCC analysis is to be carried out for the scenarios respectively. In this study, the simulation for the apartment complex is performed and the analysis of the results are described in detail. The effects of the operation parameters such as capital cost, fuel cost, and unit cost for the purchase or sale of heat and electricity on overall economy are also be considered by sensitivity study.

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Changes in the Weekly Working Hours and the Efficiency of Labor, 1963~2003 (취업시간과 노동능률의 변화: 1963~2003)

  • Kim, Dongseok
    • KDI Journal of Economic Policy
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    • v.26 no.2
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    • pp.143-178
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    • 2004
  • For a thorough accounting for economic growth, it is desired to include the working hours and the efficiency of labor as production factors in addition to the number of workers and human and physical capital stocks. This paper estimates the distribution of weekly working hours of total workers as a continuous variable using the maximum likelihood method, estimates the efficiency of labor as a function of working hours using wage statistics, and by combining these results, estimates the labor efficiency index in Korea for the period 1963~2003. Estimation results show that the efficiency of labor was maximized when the weekly working hours was 40 hours, and the average annual growth rate of the labor efficiency for the period 1963~2003 was 0.14 percent.

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