• The Journal of Asian Finance, Economics and Business
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• v.3 no.3
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• pp.93-102
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• 2016

The aim of this study is theoretical and methodological justification of formation of a new policy of spatial development of Kazakhstan's economy, which is based on the principles of inclusiveness and smart specialization. Unlike previous research, the scientific significance of the obtained results consists in the conceptual justification of the basic theoretical concepts; spatial development, covering issues of concentration, specialization, and location of production. In this study, we used scientific methods: conceptual approach involves studying various concepts of spatial development on the principle of inclusive growth and smart specialization; economic analysis allows conducting a brief assessment of the economic status of regions for a certain period; structured approach involves to the formation of new policy of spatial development. Based on this research we conclude that most successful regions have formed based on principles of inclusiveness and smart specialization, which increases opportunities for well-functioning synergistic mechanism in the field of advanced technologies with subsequent access to global markets.

• Advances in Computational Design
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• v.8 no.4
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• pp.295-307
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• 2023

This paper presents an optimization of the reinforced concrete ribbed slab in terms of minimum CO₂ emissions and an economic justification of the final optimal design. The design variables are six geometry variables including the slab thickness, the ribs spacing, the rib width at the lower and toper end, the depth of the rib and the bar diameter of the reinforcement, and the seventh variable defines the concrete strength. The objective function is considered to be the minimum amount of carbon dioxide gas (CO₂) emission and at the same time, the optimal design is economical. Seven significant design constraints of American Concrete Institute's Standard were considered. A robust metaheuristic optimization method called improved dolphin echolocation and ant colony optimization (IDEACO) has been used to obtain the best possible answer. At optimal design, the three most important sources of CO₂ emissions include concrete, steel reinforcement, and formwork that the contribution of them are 63.72, 32.17, and 4.11 percent respectively. Formwork, concrete, steel reinforcement, and CO₂ are the four most important sources of cost with contributions of 67.56, 19.49, 12.44, and 0.51 percent respectively. Results obtained by IDEACO show that cost and CO₂ emissions are closely related, so the presented method is a practical solution that was able to reduce the cost and CO₂ emissions simultaneously.

• Proceedings of the KIEE Conference
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• 1998.07c
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• pp.1091-1093
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• 1998

The BESS has a major advantages such as load leveling, quick response emergency power (spinning reserve), frequency and voltage control, improvement of reliability, and deferred generation and transmission capacity construction. However, the economic feasibility of these systems requires justification from the customer side of meter. In this paper, we proposed the economic evaluation model of BESS which is modified and complemented the SYSPLAN model[2]. In addition, we analyzed a economic evaluation from the economic measures such as payback period, overall benefit, ROI, and ROR.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.19 no.38
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• pp.51-60
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• 1996

There is a general challenge offered to the field of engineering economics by the introduction of advanced technologies. A survey of the existing literature on evaluation of advanced information and manufacturing system indicate that the traditional approaches are inadequate for economic evaluation techniques used in its appraisal, difficulty in evaluating the potential benefits and criteria used to assess management performance. In this paper, an attempt has been made to overcome the above deficiencies by presenting an approach to account for the justification and selection of the Local Area Network(LAN) architectures. This is based on the Analytic Hierarchy Process(AHP) and is capable of taking into account many intangible factors as well. The usefulness of the proposed approach is demonstrated through a case situation and sensitivity analysis. Finally, some research directions for future work are identified.

• The Journal of Society for e-Business Studies
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• v.15 no.1
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• pp.119-137
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• 2010

The absence of a concrete method for economic analysis is one of the main reasons that the RFID is not so widespread. Through literature survey and a case study of a courier service company we propose a novel method of economic justification including cost and benefit analysis. In order to reflect the uncertainties caused by the RFID technology itself and the estimated investment cost, we propose optimistic, conservative and pessimistic estimations of benefits and a sensitivity analysis of investment costs. This paper may contribute the systematic evaluation of cost and benefit of RFID adoption.

• Korean Security Journal
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• no.52
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• pp.11-40
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• 2017

This study analyzed individual-level and country-level factors affecting justification of domestic violence amid emerging social significance of family violence. For individual-level variables, prejudice against women in economic and social roles were used from the World Value Survey data. As for country-level variables, total of 36 countries were analyzed with indices that represents gender equality such as women's employment rate and democracy index. Women's employment rate was gathered from the Labour Market Database of the World Bank and democracy index was from the Economist Intelligence Unit. Results showed that both individual-level, prejudice against women in economic and social roles and country-level variables such as women's employment rate and democracy index had significant effects on justification of domestic violence. This result implies the importance of creating positive social culture which promotes positive attitudes towards perceptions of gender role and gender equality. As well, country-level endeavors to raise gender equality in employment deem important. Based on these findings, policy implications and recommendations for future research were discussed.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.2
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• pp.37-44
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• 2017

This research is devoted to the development of methods general and standard methodological approaches and approbation those for the evaluation of economic potential and level of concentration of the regions of Kazakhstan. This paper presents the results of development of the authors on the selection and justification of the methodological approaches for quantitative evaluation of the economic potential (the degree of territorial differentiation of the profile) and concentration of regions. In this study, we used scientific methods: method of analysis the main trends of economic development, and method of evaluation of concentration of the region. Based on the analysis of foreign techniques developed and tested methodical approaches to the assessment of the economic potential (index and coefficient methods). Proposed methodological approaches to the assessment profile of the territory and developed a system of indicators, which includes an aggregated index of spatial concentration, which accurately reflects the concentration of production in the region. This study shows the results of the analysis of the potential regional disparities and trends of economic development of Kazakhstan. By using, the proposed methodology shows the possibility of their use; we calculated the indicators of integrated assessment of the economic potential and indicators of spatial concentration.

• East Asian Economic Review
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• v.20 no.2
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• pp.191-228
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• 2016

This paper analyzes the role of absorptive capacity in R&D spillovers through strategic R&D investments in a game-theoretic framework. In the model, a firm's effective R&D is composed of idiosyncratic R&D, which produces its own innovations, and identical R&D, which improves absorptive capacity. The model shows that in the presence of absorptive capacity firms have a tendency to underinvest (overinvest) in idiosyncratic (identical) R&D relative to the social optimum. As the spillover becomes larger, firms decrease their own R&D while they become more inclined towards strategic exploitation of rivals' efforts. Since the former effect overpowers the latter, the total amount of R&D decreases as the spillover increases. This is socially undesirable, providing a potential justification for a governmental subsidy for idiosyncratic R&D and a tax on identical R&D. The findings may have important implications for newly industrialized or emerging countries that consider a redirection of national R&D policy and intellectual property rights (IPR) regime.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.18 no.35
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• pp.139-155
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• 1995

This study is concerned with the economic analysis of implementing a material handling system using automated guided vehicle(AGV)s in order to improve the productivity of the production process of chinawares. Analytic hierarchy process(AHP) method for selecting the facilities of material handling systems is presented. Subsequently, as an example, a chinaware production line is analyzed for the economic analysis. The result shows that seven manpowers can be reduced. However the introduction of the new material handling system is turn out to be undesirable due to high initial cost of AGV system, Nevertheless, in the long term, automatic material handling system such as AGV system are expected to play major roles in the modern manufacturing area.

• Proceedings of the KIEE Conference
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• 2000.11a
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• pp.180-183
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• 2000

The Battery Energy Storage System(BESS) has lots of advantages such as load levelling, quick response emergency power(spinning reserve), frequency and voltage control, improvement of reliability, and deferred generation and transmission construction. The economic feasibility requires justification from the customer side of meter to promoting the dissemination of BESS nationally. In this paper, we proposed the economic assessment model of customer owned Battery Energy Storage System(BESS) which is complemented and improved the existing model. The proposed model is applied to the typical customer type(light-industrial commercial, and residential) which are taken from the statistical analysis on the load profile survey of Korea Electric Power COmpany (KEPCO). The economic assessment performed for each customer type to justifying their economic feasibility of BESS installation from the economic measures such as payback period, overall benefits, ROI, and ROR. The results of this paper are useful to the customer investment decision making and the national energy policy & strategy.