• Title/Summary/Keyword: final demand

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Biomaterials Demand of Medicinal Crops (약용작물의 바이오소재 수요 분석)

  • Ahn, Byeong-Il;Kim, Yong-Lyoul
    • Korean Journal of Organic Agriculture
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    • v.31 no.4
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    • pp.291-307
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    • 2023
  • Medicinal crops are the most representative input among agricultural products for biomaterials. The actual situation of how medicinal crops are used as inputs in the downstream industry is analyzed, and the input demand function of medicinal crops is quantitatively estimated. The proportions of intermediate demand and final demand in the total production of medicinal crops were 52.1% and 47.9% in 1995, but changed to 74% and 26% in 2019, with the proportion of intermediate demand accounting for approximately increased by 3 times. Estimation results of the demand function for medicinal crops in the medicine industry show, a 1% increase in the production of medicine is found to increase the demand for medicinal crops by 0.3369%. If the production of health functional foods increase by 1%, the demand for medicinal crops is expected to increase by 0.6221%. It is also found that a 1% increase in the amount of cosmetic production would increase in the demand for medicinal crops by 0.3932%. This indicates that market expansion in downstream industries can have a significant impact on agricultural products for biomaterials.

Impact Analysis on the Regional Economy Affected by Environmental Regulations (환경규제가 지역경제에 미치는 파급효과 분석)

  • 김호언
    • Journal of the Korean Regional Science Association
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    • v.15 no.3
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    • pp.1-13
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    • 1999
  • Since the 1990's, the most important environmental issue on the earth is characterized by "global worming problem". The United Nations Framework Convention on Climate Change (UNFCCC) plays an significant role to solve this problem on a worldwide scale. The main purpose of this paper is to analyse the impact of $CO_2$ reduction on the Daegu regional economy through 1995 regional input-output coefficients derived from the 1995 national input coefficients table by using non-survey method. The sectoral impacts on output, income, and employment were computed under the decline-unequalized assumption in final demand influenced by $CO_2$ reduction. This article has six main sections. Section 1 is an introduction to this paper. Section 2 explains briefly the derivation method of the regional technical coefficients. Section 3 describes the model building through input-output multipliers. In section 4 regional data on output, income, employment and final demand are computed to estimate the regional impacts. Section 5 deals with impact analysis on the Daegu economy. Section 6 contains a brief summary and concludintg remarks. The research findings of this study can be summarized as follows. In 1995, under the assumption of 10% decrease on an average in final demand sectors, the economy of the region studied decreased \3600 billion of output, ₩1114 billion of income, and 49919 man-years of employment. The percent ratios of each value to the total showed 9.4%, 9.7%, and 9.2%, respectively. The dominant sectors associated with impact analysis within the region are chemicals and chemical products, paper, printing and publishing, and textiles and leather, etc; nevertheless, the least dominant sector is non-metallic mineral products. products.

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Forecasting Demand of Agricultural Tractor, Riding Type Rice Transplanter and Combine Harvester by using an ARIMA Model

  • Kim, Byounggap;Shin, Seung-Yeoub;Kim, Yu Yong;Yum, Sunghyun;Kim, Jinoh
    • Journal of Biosystems Engineering
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    • v.38 no.1
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    • pp.9-17
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    • 2013
  • Purpose: The goal of this study was to develop a methodology for the demand forecast of tractor, riding type rice transplanter and combine harvester using an ARIMA (autoregressive integrated moving average) model, one of time series analysis methods, and to forecast their demands from 2012 to 2021 in South Korea. Methods: To forecast the demands of three kinds of machines, ARIMA models were constructed by following three stages; identification, estimation and diagnose. Time series used were supply and stock of each machine and the analysis tool was SAS 9.2 for Windows XP. Results: Six final models, supply based ones and stock based ones for each machine, were constructed from 32 tentative models identified by examining the ACF (autocorrelation function) plots and the PACF (partial autocorrelation function) plots. All demand series forecasted by the final models showed increasing trends and fluctuations with two-year period. Conclusions: Some forecast results of this study are not applicable immediately due to periodic fluctuation and large variation. However, it can be advanced by incorporating treatment of outliers or combining with another forecast methods.

Estimating Import Demand Function for the United States

  • Yoon, Il-Hyun;Kim, Yong-Min
    • Asia-Pacific Journal of Business
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    • v.10 no.2
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    • pp.13-26
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    • 2019
  • This paper aims to empirically examine the short-run and long-run aggregate demand for the US imports using quarterly economic data for the period 2000-2018 including aggregate imports, final expenditure components, gross fixed capital formation and relative price of imports. According to the results of both multivariate co-integration analysis and error correction model, the above variables are all cointegrated and significant differences are found to exist among the long-run partial elasticities of imports as regards different macro components of final expenditure. Partial elasticities with respect to government expenditure, gross fixed capital formation, exports and relative price of import are found to be positive while imports seems to respond negatively to changes in private consumption, implying that an increase in private consumption could result in a significant reduction in demand for imports in the long run. With regard to the relative import prices, the results appear to indicate a relatively insignificant influence on the aggregate imports in the US in the long run. However, an error correction model designed for predicting the short-term variability shows that only exports have an impact on the imports in the short run.

Effective Demand Selection Scheme for Satisfying Target Service Level in a Supply Chain (공급망의 목표 서비스 수준 만족을 위한 효과적인 수요선택 방안)

  • Park, Gi-Tae;Kwon, Ick-Hyun
    • Journal of the Korea Safety Management & Science
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    • v.11 no.1
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    • pp.205-211
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    • 2009
  • In reality, distribution planning for a supply chain is established using a certain probabilistic distribution estimated by forecasting. However, in general, the demands used for an actual distribution planning are of deterministic value, a single value for each of periods. Because of this reason the final result of a planning has to be a single value for each period. Unfortunately, it is very difficult to estimate a single value due to the inherent uncertainty in the probabilistic distribution of customer demand. The issue addressed in this paper is the selection of single demand value among of the distributed demand estimations for a period to be used in the distribution planning. This paper proposes an efficient demand selection scheme for minimizing total inventory costs while satisfying target service level under the various experimental conditions.

Hierarchical Evaluation of Flexibility in Production Systems

  • Tsuboner, Hitoshi;Ichimura, Tomotaka;Horikawa, Mitsuyoshi;Sugawara, Mitsumasa
    • Industrial Engineering and Management Systems
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    • v.3 no.1
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    • pp.52-58
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    • 2004
  • This report examines the issue of designing an efficient production system by increasing several types of flexibility. Increasing manufacturing flexibility is a key strategy for efficiently improving market responsiveness in the face of uncertain market demand for final products. The manufacturing system comprises multiple plants, of which individual plants have multiple manufacturing lines that are designed to produce limited types of products in accordance with their size and materials. Imbalance in the workload occurs among plants as well as among manufacturing lines because of fluctuations in market demand for final products. Thereby, idleness of some manufacturing lines and longer lead times in some manufacturing lines occur as a result of the high workload. We clarify how these types of flexibility affect manufacturing performance by improving only one type of flexibility or by improving multiple types of flexibility simultaneously. The average lead time and the imbalance in workload are adopted as measures of manufacturing performance. Three types of manufacturing flexibility are interrelated: machine flexibility, routing flexibility, and process flexibility. Machine flexibility refers to the various types of operations that a machine can perform without requiring the prohibitive effort of switching from one order to another. Routing flexibility is the capability of processing a given set of part types using more than one line (alternative line) in the plant. Process flexibility results from being able to build different types of final products at the same plant.

A Methodological Approach of Estimating Rural Tourism Satellite Accounts (농촌관광 위성계정의 작성방법)

  • Kim, Hyeon-Suk;Seo, Young-Chang;Lee, Jong-Sang
    • Journal of Agricultural Extension & Community Development
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    • v.22 no.3
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    • pp.285-292
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    • 2015
  • Recently, the demand of rural tourism has been increased to promote farm household income and rural economy. Korean government has supported to promote rural tourism. One of the most difficult tasks in estimating the economic impact of the tourism industry is how the industry should be defined in terms of an economic sector, since tourism is not defined in national Input-Output (I-O) tables or in the Standard Industrial Classification code. Moreover, there is no specified Standard Industrial Classification for rural tourism. The purpose of the study aims to examine specified Standard Industrial Classification of rural tourism using the I-O model analysis to estimate the economic impacts of rural tourism. Results showed that there were two components considered as inputs. One is the inputs that final demand can move to input of rural tourism in I-O tables. The other is one that the final demand was provided by farm household as intermediate inputs.

Survey on the Demand for Clinical Trial Centers for Oriental Medicine (한방임상시험센터의 수요 예측에 대한 조사연구)

  • Seo Jung-Chul;Kim Seung-Ho;Rah Joong-Doug;Jung Sung-Ki;Kwon Young-Kyu
    • The Journal of Korean Medicine
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    • v.26 no.2 s.62
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    • pp.85-94
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    • 2005
  • Objectives: This study was carried out to estimate the demand for clinical trials and contribute to the consolidation of function and role in the clinical trial centers of oriental medicine. Methods: A survey of the demand was made of 379 faculties of oriental medicine in 11 oriental medical colleges throughout the country using two?part investigations by e-mail questionnaire over 1 month. The final data from 56 faculties were analyzed. Results: Clinical trials of oriental medicine have been continuously increasing. Furthermore, the demand and necessity for clinical trials of oriental medicine have also been continuously enhanced. Although there were arguments for and against the establishment of a clinical trial center for oriental medicine, the demand and necessity for the establishment was the overall consensus. Concerning objections, a high intention of use was observed. Conclusions: These results imply that the demand for clinical trials will increase remarkably through the establishment of a clinical trial center for oriental medicine. Further study is needed about the demand for such a center.

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An Analysis of Changes in Power Generation and Final Energy Consumption in Provinces to Achieve the Updated Nationally Determined Contribution (NDC) (국가 온실가스 감축목표(NDC) 상향안 달성을 위한 17개 광역시도별 발전 및 최종에너지 소비 변화 분석)

  • Minyoung Roh;Seungho Jeon;Muntae Kim;Suduk Kim
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.865-885
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    • 2022
  • Korean government updated her Nationally Determined Contribution (NDC) in 2021 and announced the target and various measures for reductions. Among the many issues, final energy demand and renewable energy power mix for 17 provinces to achieve the target are being analyzed using GCAM-Korea. Simulation results show that final energy demand of 2030 is approximated at the similar level to that of 2018. This is being enabled by the conservation of coal with higher electrification especially in industry sector. Higher power demand with lower coal consumption in final energy consumption is shown to be provided by 33.1% of renewable, 24.6% of gas, and 18.0% of nuclear power generation in 2030. Meanwhile, the share of coal-fired power generation is expected to be reduced to 12.8%. Major future power provider becomes Gyeongbuk (Nuclear), Gyeonggi (Gas), Jeonnam (Nuclear, Gas) and Gangwon (PV, Wind), compared to one of current major power provider Chungnam (Coal). This analysis is expected to provide a useful insight toward the national and provincial energy and climate change policy.

A Study on Utilization Plans of Regional Trunk Rail Route (지역철도이용 활성화방안 연구)

  • Yang, Jun-Gyu
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.3289-3298
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    • 2011
  • The region trunk line railroad route considering regional characters is the final aim of railroad management to operators and passengers. For reflecting these aspect to make policies, The study has been performed by defining and analyzing the informations. According to the methodological and political research, First of all, The feature for demand and supply of railroad in the region trunk line railroad route is that demand aspect was excessively influenced by supply aspect. The demand sensitivity was measured very high on the supply changes. The survey, Containing the regional characters, result the railway and bus use patterns are clearly different and this feature is simiral to that of janghang and pohang district. also, In railroad case, Demand shifts from railroad to other transport sensitively. Therefore, We make some new index besides existing index, which like to management index, rate of boarding, rate of using. After that, We suggest passengers and operator's win-win alternatives.

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