• East Asian Economic Review
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• v.20 no.4
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• pp.447-467
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• 2016

The RTAs with trade facilitation provisions have been expected to generate a larger net trade-creating effect and complement the discriminatory feature of RTAs but have yet to be empirically proven. Recognizing the limitations of existing studies, we conducted a quantitative analysis on the effects of RTAs with and without trade facilitation provisions on both intra- and extra-bloc trade by using a modified gravity equation. We applied the Poisson Pseudo-Maximum Likelihood (PPML) estimation with time varying exporter and importer fixed effect method to panel data consisting of 45,770 country pairs covering 170 countries for 2000-2010. We found that the trade facilitation provisions in existing RTAs are non-discriminatory by generating more intra- and extra-bloc trade in general. In particular, we found that the trade effects of RTAs in the APEC region are much stronger than the general case covering all RTAs in the world. In addition, as we control the trade effect of a country's trade facilitation, which is ranked by the World Bank's logistic performance index, RTAs consisting of trade facilitation provisions are discriminatory for trade in final goods and non-discriminatory for trade in intermediate goods. Overall, we endeavor to "explain," instead of "hypothesizing," why most of the recent RTAs contain trade facilitation provisions, especially in light of the deepening regional interdependence through trade in parts and components under global value chains and support the necessity of multilateralizing RTAs by implementing non-discriminatory trade facilitation provisions.

• Economic and Environmental Geology
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• v.22 no.1
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• pp.81-87
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• 1989

Many depth estimation techniques for magnetic exploration, such as the slope methods, graphica1 methods, spectral analysis, and Fourier ana1ysis have been published. Nevertheless, it appears that the half-slope method of Peters(1949)and the maximum-slop method of Vacquier et. al. (1951)are more popular and widely used by geophysicists in the hydrocarbon exploration industry. The slope methods are not only simpler and easier to use but are also genera1ly reliable. The spectral method is fast, effective, and powerful in the determination of an average depth. The often unreliable results produced from spectral techniques are attributed to their application to isolated magnetic anomaly cases. The reliability and limitations associated with the method are given in order to minimize problems and increase accuracy in the application of the method.

• Journal of Biosystems Engineering
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• v.25 no.5
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• pp.391-398
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• 2000

This study was performed to analyze the holding pace and decision factors of tractor in Korea and Japan, which probably should be used for making master plan of agricultural mechanization. The logistic function is used for holding pace estimation of tractor, and log-log function for analysis of decision factors. The results of this study are as follows: First, the increasing rate of the total amount of holding tractor power in Korea has been over that in Japan during 1980∼、94 which is now, however, under Japan. So, it could be forecasted that the per tractor holding power in Japan will increase continuously, and will be over 30PS in the short run. Second, the most important one of decision factors to support tractor demand is agricultural income in Korea, but on the other hand Non-Agricultural Income in Japan. From these, the fast increase of total amount of holding power of tractor in Korea could not expected, because Korea Agriculture has some difficulties to increase Agricultural Income. There are differences on the holding pace and decision factors of tractor between Korea and Japan, therefore, the plan of agricultural mechanization should be made in accordance with self-features.

• Journal of Korean Society of Water and Wastewater
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• v.11 no.4
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• pp.35-42
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• 1997

Recently fluoridation has often been considered as a method to maintain the concentration of fluoride in the drinking water at level adequate to be able to help protect children having decayed teeth. The benefits of fluoridation can be verified to compare the occurance rates of decayed tooth in the areas fluoridated and not fluoridated. Jainhae and Chongju have already fluoridaed the drinking water, and it was known that fluoridation could protect tooth-decaying effectively. The reduction rate of decayed teeth was estimated to be about 50~60 per cent. In the present study, a questionary survey to about sixty four hundred inhabitants of Taejon was carried out to grasp the opinions of citizens for fluoridation. According to the results, 75 per cent of the respondents agreed to the fluoridation. About 49 per cent and 44 per cent of them wanted that the fluoridation should be enforced after a questionary survey and after the decision of a specialist group in the institutes concerned respectively. About 71 per cent of them agreed to 5 per cent-rising of water fee for the fluoridation. The anual cost reguired for fluoridation in a large city was estimated to be about 500 won per capital therefore its economic effect is very large.

• Proceedings of the Technology Innovation Conference
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• 2002.02a
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• pp.59-89
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• 2002

The rapid diffusion of information and telecommunication (IT) technologies during the recent decennia produced fundamental changes in the economic activity at a global level, resulting in what became coined as the "new economy". However, empirical evidence on the contribution of IT equipment to growth and productivity is at best mixed, with the more or less consistent results on the positive link between the two relating to the United States in the 1990-s. Although the empirical literature on the link between IT investment and economic performance employs a wide variety of methodologies, the overwhelming majority of the studies appears to be employing the assumption of linearity of the IT-performance relationship and predominantly explores the direct nature thereof. In this study we relax both these assumptions and find that the indirect, or aggregate productive efficiency, effects of IT investment are as important as are the direct ones The estimated non-linear nature of the indirect relationship between IT investment intensity and productive efficiency accommodates the concepts of critical mass and complementary (infrastructure) capital offered in the literature. Our key finding is that the world economy′s average level of IT investment intensity remained below the estimated critical mass. Since in this study we developed a methodology that allows one to explicitly measure the critical mass of IT investment intensity, its individual estimation at a country or industrialsector level may help evaluate the extent to which IT investment activity has to be encouraged or discouraged.

• Journal of agriculture & life science
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• v.44 no.6
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• pp.201-211
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• 2010

This paper estimates the degree of market power of marketers in the Korean beef market, especially focusing on wholesale and retail marketing levels. Prices in various marketing levels show that there is a possibility of more price differentials than marketing costs in the Korean beef market. Annual price and quantity data are used to estimate the degree of market power in the wholesale and retail levels. The empirical results show that the domestic beef retail market is far from perfect competition and the wholesale market is relatively near to perfect competition.

• Journal of Labour Economics
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• v.41 no.4
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• pp.31-62
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• 2018

Using matching and difference-in-differences estimation method, this study estimates causal effects of health shocks on employment and income of full-time workers aged 40-55. Acute hospital admissions lower significantly the employment probability and earnings. The changes in employment and earnings persist up to three years after the health shock. The economic impacts of health shocks vary by socioeconomic status and job characteristics among individuals. Irregular workers are more likely to leave their jobs after health shocks than regular workers. Among irregular workers, the probability of leaving labor market after health shock decreases with the size of the firm.

• Nuclear Engineering and Technology
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• v.43 no.2
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• pp.141-148
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• 2011

This paper presents the quantitative analysis results of research on the burnup effect on the nuclear fuel cycle cost of BeO-$UO_2$ fuel. As a result of this analysis, if the burnup is 60 MWD/kg, which is the limit under South Korean regulations, the nuclear fuel cycle cost is 4.47 mills/kWh at 4.8wt% of Be content for the BeO-$UO_2$ fuel. It is, however, reduced to 3.70 mills/kWh at 5.4wt% of Be content if the burnup is 75MWD/kg. Therefore, it seems very advantageous, in terms of the economic aspect, to develop BeO-$UO_2$ fuel, which does not have any technical problem with its safety and is a high burnup & long life cycle nuclear fuel.

• Geomechanics and Engineering
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• v.13 no.3
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• pp.371-384
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• 2017

Physical and mechanical properties of rocks are of interest in many fields, including materials science, petrophysics, geophysics and geotechnical engineering. Uniaxial compressive strength UCS is one of the key mechanical properties, while density and porosity are important physical parameters for the characterization of rocks. The economic interest of carbonate rocks is very important in chemical or biological procedures and in the field of construction. Carbonate rocks exploitation depends on their quality and their physical, chemical and geotechnical characteristics. A fast, economic and reliable technique would be an evolutionary advance in the exploration of carbonate rocks. This paper discusses the ability of ultrasonic wave velocity to evaluate some mechanical and physical parameters within carbonate rocks (collected from different regions within Tunisia). The ultrasonic technique was used to establish empirical correlations allowing the estimation of UCS values, the density and the porosity of carbonate rocks. The results illustrated the behavior of ultrasonic pulse velocity as a function of the applied stress. The main output of the work is the confirmation that ultrasonic velocity can be effectively used as a simple and economical non-destructive method for a preliminary prediction of mechanical behavior and physical properties of rocks.

• Journal of Ecology and Environment
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• v.43 no.1
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• pp.61-72
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• 2019

Background: Organic carbon stored in coastal wetlands, which comprises the major part of oceanic "blue carbon," is a subject of growing interest and concern. In this study, organic carbon storage in coastal wetlands and its economic value were estimated using the raw data of 25 studies related to soil carbon storage. Data were collected from three tidal flats (one protected and two developed areas) and two estuarine salt marshes (one protected and one restored area). Bulk density, soil organic matter content, and standing biomass of vegetation were all considered, with Monte Carlo simulation applied to estimate the uncertainty. Results: Mean carbon storage in two salt marshes ranged between 14.6 and $25.5kg\;C\;m^{-2}$. Mean carbon storage in tidal flats ranged from 18.2 to $28.6kg\;C\;m^{-2}$, with variability possibly related to soil texture. The economic value of stored carbon was estimated by comparison with the price of carbon in the emission trading market. The value of US $ $6600\;ha^{-1}$ is ~ 45% of previously estimated ecosystem services from fishery production and water purification functions in coastal areas. Conclusions: Although our study sites do not cover all types of large marine ecosystem, this study highlights the substantial contribution of coastal wetlands as carbon sinks and the importance of conserving these habitats to maximize their ecosystem services.