• Journal of the Economic Geographical Society of Korea
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• v.22 no.4
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• pp.381-404
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• 2019

The paper aims to identify how North Korean various economic agents respond to the economic crisis in North Korea, and how these multiple practices are entangled with its spatiality by through the questionnaire survey and in-depth interview targeted at North Korean refugees. The paper argues that it needs to examine the marketization in North Korea in terms of the domesticating recently debated in economic geography. In this perspective, the marketization in North Korea could be explained not as a grand project 'out there' with hegemonic power, but as various economic agents within their space are constantly (re)constructed through everyday life practices. Economic agents' responses to economic crisis, economic rupture, and economic marginalization could be identified in terms of articulation between economic and non-economic factors. More specifically, the paper emphasizes everyday life responses are over-determined by their economic and non-economic factors and its effectiveness is differentiated by their power relations.

• Korean Journal of Human Ecology
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• v.11 no.3
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• pp.237-247
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• 2002

The purpose of this study was to compare the attitudes and behaviors toward money among college students after and before IMF economic crisis. The subject of investigation consists of 389 students in the year of 1995 and 112 students in the year of 2000 in Wonkwang university. The major findings are as follows: 1) The exploratory factor analysis of money attitudes and behaviors scale drew four factors such as; power, obsession, money management and pleasure. 2) Male students have a tendency more likely than females not only to look upon money as power but also to have an obsession before IMF economic crisis. But gender differences were disappeared after. 3) In comparison of the before and after IMF economic crisis, the behavior value in reference to money is generally increased. The social power and the cognitive attitude like an obsessional increased smaller than that of a practical such as money management or pleasure. The pleasure is raised the largest. 4) The level of attitudes and behavior for money management is raised the most for female students while, the value of the pleasure has the greatest increase for male students rate.

• STI Policy Review
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• v.5 no.2
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• pp.20-42
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• 2014

The Brazil, Russia, India China and South Africa (BRICS) group has emerged as a collection of large economies which are outside the traditional groups of industrialised "first world" economies and which have altered the global distribution of economic power. The basis of their emergence is a combination of their size and growth rates, and the fact that they lie outside the established centres of global economic power. As such, they have "diversified" the power base of the global economic order. The question which is asked in this paper is whether the phenomenon of the BRICS goes beyond this to mark the start of a possible challenge to the neoliberal orthodoxy which emerged as the globally dominant policy paradigm since the collapse of the Soviet Union. This paper develops and uses a "modes of innovation" approach to explore the potential of the BRICS to constitute a structural rupture in the current globally dominant neoliberal mode of innovation. This question is important since, in the absence of this rupture, the remarkable development trajectory of the BRICS will serve to reinforce the legitimacy of the global orthodoxy. The paper first articulates the modes of innovation concept and then proceeds to locate the BRICS systems of innovation within the current globally dominant mode. On this basis it then provides an appraisal of the possible impact of the BRICS on the evolutionary path of the global system of innovation.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.63 no.12
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• pp.1752-1758
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• 2014

This paper evaluates economic benefits of ESS (Energy Storage System) for peak load shaving in the substation of urban railway. For this purpose, the method to determine capacities of ESS and PCS (Power Conditioning System) for peak load shaving is proposed. Then the economic benefits of those devices are evaluated using net present value method. The proposed methods are applied to actual measurements of loads in the substation of urban railway. The results show that electric power costs can be reduced and the economic benefits of ESS for peak load shaving mainly depends on the price of battery.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.1
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• pp.32-35
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• 2011

The economic value of a wind farm project is influenced by various risk factors such as wind power output and electricity market price. In particular, there is uncertainty in the economic evaluation of a wind farm project due to uncertain wind power outputs, which are fluctuated by weather factors such as wind speed, and volatile electricity market prices. This paper presents a systematic method to assess the economic value and payback period of a wind farm project using Least Square Monte-Carlo (LSMC) simulation. Numerical example is presented to validate the effectiveness of the proposed economic assessment method for a wind farm project.

• Plant Journal
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• v.8 no.1
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• pp.73-80
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• 2012

The structure and combustion characteristics, and the economic feasibility of the circulating fluidized bed combustion(CFBC) boiler using low grade coal were introduced. The economic feasibility is evaluated by comparing a 500 MW CFBC boiler power plant using low grade coal and a pulverized combustion boiler power plant with high grade coal. As the result of the evaluation, the pulverized coal combustion boiler power plant has an internal rate of return of 12.95%, 1,395.9 billion Korean won of net present value, and 6.26 years of payback period. On the other hand, CFBC boiler power plant has an internal rate of return of 13.54%, 1,704.3 billion Korean won of net present value, and 6.02 years payback period. Therefore, the CFBC boiler power plant has better feasibility in all aspects, as 0.59% higher of internal rate of return, 308.4 billion Korean won of higher net present value and 0.24 year of shorter payback period.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.50 no.10
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• pp.480-488
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• 2001

This paper presents a technique that can obtain an optimal solution for the Security-Constrained Economic Dispatch (SCED) problems using the Interior Point Method (IPM) while taking into account of the power flow constraints. The SCED equations are formulated by using only the real power flow equations from the optimal power flow. Then an algorithm is presented that can linearize the SCED equations based on the relationships among generation real power outputs, loads, and transmission losses to obtain the optimal solutions by applying the linear programming (LP) technique. The objective function of the proposed linearization algorithm are formulated based on the fuel cost functions of the power plants. The power balance equations utilize the Incremental Transmission Loss Factor (ITLF) corresponding to the incremental generation outputs and the line constraints equations are linearized based on the Generalized Generation Distribution Factor (GGDF). Finally, the application of the Primal Interior Point Method (PIPM) for solving the optimization problem based on the proposed linearized objective function is presented. The results are compared with the Simplex Method and the promising results ard obtained.

• Proceedings of the KIEE Conference
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• 1998.07c
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• pp.926-928
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• 1998

A fast optimization algorithm has been evolved from a simple two stage optimal power flow(OPF) algorithm for constrained power economic dispatch. In the proposed algorithm, we consider various constraints such as power balance, generation capacity, transmission line capacity, transmission losses, security equality, and security inequality constraints. The proposed algorithm consists of four stages. At the first stage, we solve the aggregated problem that is the crude classical economic dispatch problem without considering transmission losses. An initial solution is obtained by the aggregation concept in which the solution satisfies the power balance equations and generation capacity constraints. Then, after load flow analysis, the transmission losses of an initial generation setting are matched by the slack bus generator that produces power with the cheapest cost. At the second stage we consider transmission losses. Formulation of the second stage becomes classical economic dispatch problem involving the transmission losses, which are distributed to all generators. Once a feasible solution is obtained from the second stage, transmission capacity and other violations are checked and corrected locally and quickly at the third stage. The fourth stage fine tunes the solution of the third stage to reach a real minimum. The proposed approach speeds up the coupled LP based OPF method to an average gain of 53.13 for IEEE 30, 57, and 118 bus systems and EPRI Scenario systems A through D testings.

• Geomechanics and Engineering
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• v.35 no.6
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• pp.617-626
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• 2023

In this study, three-dimensional numerical parametric study was conducted to explore deformation mechanisms of grouped piled-raft-foundation due to lateral load in clays. Effects of load intensity, loading angle, soil stiffness, pile diameter, pile spacing and pile length on foundation deformations were explored. It is found that the smallest and largest movements of pile foundation are induced when the loading angles are 0° and 30°~60°, respectively. By increasing loading angle from 0° to 30°~60°, the resultant horizontal movements and settlements increase by up to 20.0% and 57.1%, respectively. Since connection beams can substantially increase integrity of four piled raft foundation, resultant horizontal movements, settlements and bending moments induced in the piled raft foundation decrease by up to 54.0%, 8.8% and 46.3%, respectively. By increasing soil stiffness five times, resultant horizontal movements and settlements of pile foundation decrease by up to 61.7% and 13.0%, respectively. It is indicated that effects of connection beam and soil stiffness on settlements of pile foundation are relatively small. When pile diameter is less than 1.4 m, deformations of piled raft foundation decrease substantially as a reduction in the pile diameter. Two dimensional groups are proposed to develop calculation charts of horizontal movements and settlements of pile foundation. The proposed calculation charts can directly estimate movements of piled raft foundation under arbitrary loading, ground and pile conditions.

• Proceedings of the KIEE Conference
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• 2001.11b
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• pp.157-160
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• 2001

The selection of voltage is one of the most significant factors in the design of power system for industrial plant. It is a major factor in determining over-all system cost, flexibility, and ease of future expansion. This paper presents the study results on the selection of economic voltage for low voltage power distribution system.