• 제목/요약/키워드: gross domestic product

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Estimation of Damage in Electric Power Networks due to High Power Electromagnetic Pulse (고출력 전자기파에 대한 전력망 피해 비용 산출)

  • Hyun, Se-Young;Du, Jin-Kyoung;Kim, Wooju;Yook, Jong-Gwan
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.25 no.7
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    • pp.757-766
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    • 2014
  • In this paper, economic loss due to high power electromagnetic pulse is estimated and the methodology used for calculating its impacts is suggested using a macro approach. In order to investigate the most critical infrastructure for the high power electromagnetic pulse assault, the vulnerability assessment that provides information on the threats of concern is conducted. As a result, this study concentrates on the electric power networks. The presented assessment model is considered with gross domestic product (GDP) and energy consumption when the electric power networks are damaged due to high power electromagnetic pulse. In addition, economic losses are calculated by the extent of damages considering different types of the high power electromagnetic pulse assault generated by nuclear and man-made weapon. Through the estimation of these damages, the resulted economic loss will be compared with the protection cost. Consequently, protection of the vulnerable infrastructures can be prepared against electromagnetic pulse attack.

Effect of Expansion of Long-Term Care Hospitals on Elderly Hospitalization in Acute Care Hospitals (요양병원 확충이 급성기병원 노인입원에 미치는 영향)

  • Kim, Dong-Hwan;Lee, Tae-Jin
    • Health Policy and Management
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    • v.19 no.1
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    • pp.81-96
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    • 2009
  • The expansion of long-term care hospitals (LTCHs) is expected to contribute to meeting the long-term care needs of the elderly with chronic diseases in a rapidly aging society. It is also expected to increase efficiency of health resource use and decrease elderly health expenditures by transferring patients from acute care hospitals (ACHs) to LTCHs. This study aimed to empirically examine how the expansion of LTCHs had influences on the length of hospitalization of the elderly in ACHs. Panel regression analysis was employed as an analytic tool using data of the National Health Insurance and the National Statistical Office from 2002 to 2006. The expansion of LTCHs was measured as location quotient (LQ) of LTCHs, denoting the share of LTCHs in a large city or province relative to the share of LTCHs at the national level. In addition, per capita GRDP (gross regional domestic product) and the proportion of population over 65 were included as control variables. The main findings are as follows. First, it was observed that LQ of LTCHs showed a statistically significant negative association with the length of hospitalization of the elderly in ACHs. Second, the negative correlation was evident among general hospitals with over 100 beds while it was not among hospitals with less than 100 beds. Third, LQ of LTCHs had more influences among the elderly over 85. In conclusion, the expansion of LTCHs seems to contribute to decrease in the inpatient cost of the elderly in ACHs and to increase efficiency in the utilization of health resources.

A System Dynamics Model to Analyze the Effects of Investments for Improvement of Environmental Conditions in Nak-Dong River Basin (낙동강 유역 환경개선 투자 효과 분석을 위한 시스템다이내믹스 모델)

  • Park, Suwan;Kim, Kimin
    • Journal of Korean Society of Water and Wastewater
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    • v.30 no.5
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    • pp.561-569
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    • 2016
  • In this paper a concept of the paradigm shift in the operations of Water and Wastewater systems regarding the production and usage of water was introduced. Based on this concept the interrelationships between the water quality in the upper basin of NakDong River relative to Busan and the degree of satisfaction of the customers on the water supply service in Busan were modeled using the System Dynamics modeling methodology. SamRangJin basin area was determined as the upper basin of Busan after analyzing the relationships between the water quality of MoolGeum water intake point and water quality data of various mid- and upper water intake points along NakDong River. The amount of contaminants generated in SamRangJin basin was modeled using the Gross Regional Domestic Product in the area and the treated amount was calculated using the efficiency of wastewater treatment and the degree of improvement of environmental condition per investment. The water quality at MoolGeum water intake point was modeled to take the effects of the remaining amount of contaminants after treatment and the non-point source contaminants in SamRangJin basin. Using the developed System Dynamics model the effects of the investment for the improvement of environmental condition in SamRangJin basin were compared to the case of alternate water source development for Busan in terms of the degree of satisfaction of the customers on the water supply service in Busan.

Analyzing the Market Size and the Economic Effects of the Oceans and Fisheries Industry (해양수산업의 시장규모 및 경제적 파급효과 분석)

  • Kim, Joseph;Jung, Dong-Won;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.59-70
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    • 2016
  • Establishing the strategic plans to foster the oceans and fisheries (O&F) industry as an engine for national sustainable economic growth has become an important task for developing countries as well as developed countries. The first step to do so is to identify O&F industry and analyze its economic effects. Therefore, the prime purposes of the paper are two-fold. The first is to identify O&F industry and estimate its market size using 2012 Input-Output (I-O) table published by the Bank of Korea. The second purpose is to obtain some quantitative information on production-inducing effect, value-added creation effect, and employment-inducing effect of the O&F industry. To this end, we apply an IO analysis using exogenous specification of the O&F industry. The results show that the O&F industry covers 4.1% and 3.0% of national output and gross domestic product, respectively. Moreover, we found that 1.0 won of production or investment in the O&F industry induces 1.7363 won of production and 0.4759 won of value-added in the national economy. One billion won of production or investment in the O&F industry touches off 7.5569 persons of employment. This information can be utilized in the O&F industry-related policy-making.

An Analysis on the Impact of Korea-Chile FTA on Busan Port - Focusing on the Inbound Container from Chile - (한-칠레 자유무역협정이 부산항 물동량에 미치는 영향분석 - 대 칠레 수입 컨테이너화물 중심 -)

  • Nam, Kichan;Nam, Hyung-Sik;Kang, Dal-Won
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.681-687
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    • 2013
  • Free Trade Agreement(FTA) aims at abolishing tariffs on trade among nations or regions resulting in having a significant impact on maritime transportation and port. Korea made the first FTA with Chile in 2004 and the trade volume between two countries has seen significant increase. The literature on such impact, however, seems to be very limited. The main purpose of this study is, therefore, to analyze the impact of Korea-Chile Free Trade Agreement on the imported container throughput from Chile at the Busan Port. For this both cross-sectional and time series data are collected that comprise container throughput, Gross Domestic Product (GDP), import tariff, and maritime freight rate, from 2000 to 2011, and the gravity model is applied. The main result of the study shows that the dependent variables, GDP and import tariff are statistically significant, but the maritime freight rate is not consistent with regarding to statistical significance and parameter sign.

Economic Spillover Effects of Airport Investment on Regional Production (공항투자의 지역경제 파급효과 분석)

  • Lee, Yeong-Hyeok;Yu, Gwang-Ui;Kim, Min-Seon
    • Journal of Korean Society of Transportation
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    • v.23 no.2
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    • pp.37-50
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    • 2005
  • This study analyzes the effect of airport investment on GRDP(Gross Regional Domestic Product) using Regional Production Function with public investment on social infrastructure. Particularly it includes the spillover effect of airport investment on the economies of neighbor regions beyond border. We estimate regional production function with the independent variable of airport investment stock using panel data with regional cross-section and time-series data. In the analysis with aggregate data of all industries, it shows the positive relationship between airport investment and GRDP which implies the affirmative effect of airport investment on regional economy in the aspects of direct and indirect spill-over effects. On the contrary, the research results of each industry do not appear to be the same. With the different characteristics of each industry, the direct and indirect effect may not be the same and the SOC investment contributes to the restructuring of regional economy by altering the industrial organizations of any specific region and its neighbors.

Household Out-of-Pocket Payments and Trend in Korea (가계직접부담 비용의 현황과 추이)

  • Park, Yoonsik;Park, Eun-Cheol
    • Health Policy and Management
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    • v.29 no.3
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    • pp.374-378
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    • 2019
  • After the announcement of Moon Jae-in Government's plan (Moon's Care) for Benefit Expansion in National Health Insurance in August 2017, it is necessary to monitor the effects of the policy, especially household out-of-pocket payments (OOP). This paper aims to observe the current status and trend of OOP in Korea. Current health expenditure (CHE) was 144.4 trillion won in 2018, which accounts for 8.1% of gross domestic product (GDP) increased 9.7% from the previous year. Although GDP's share of CHE has been close to the average of the Organization for Economic Cooperation and Development (OECD) countries, the public fund's share was 59.8% of the total in 2018, which was lower than the OECD average of 73.5%. OOP's share was 32.9% in 2018, which decreased from 37.4% in 2008. The share of OOP of non-covered services was 20.0% in 2018, which decreased from 22.9% in 2008. The share of cost-sharing with third-party payers was 12.9% in 2018, which decreased from 14.5% in 2008. The OOP of non-covered services was significantly decreased in hospital and inpatient curative care, but the OOP of non-covered services was significantly increased in the medical clinic. The effect of Moon's Care was not showed in OOP through the results of 2017 and 2018, but further monitoring is needed because the Moon's Care is progressing and the observational period is short.

Evaluation of Corn Production Based on Different Climate Scenarios

  • Twumasi, George Blay;Choi, Kyung-Sook
    • Proceedings of the Korea Water Resources Association Conference
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    • 2016.05a
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    • pp.518-518
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    • 2016
  • Agriculture is the lifeblood of the economy in Ghana, employs about 42% of the population work force and accounts for 30% of the Gross Domestic Product (GDP). Corn (maize) is the major cereal crop grown as staple food under rain fed conditions, covers over 92% of the total agricultural area, and contributes 54% of the caloric intake. Issues of hunger and food insecurity for the entire nation are associated with corn scarcity and low production. The climate changes are expected to affect corn production in Ghana. This study evaluated variations of corn yields based on different climate conditions of rain-fed area in the Dangbe East District of Ghana. AquaCrop model has been used to simulate corn growing cycles in study area for this purpose. The main goal for this study was to predict yield of corn using selected climatic parameters from 1992 to 2013 using different climate scenarios. The Model was calibrated and validated using observed field data, and the simulated grain yields matched well with observed values for the season under production giving an R squared (R2)of 0.93 and Nash-Sutcliff Error(NSE) of 0.21. Study results showed that rainfall reduction in the range of -5% to -20% would reduce the yield from 1.315ton/ha to 0.421ton/ha (-21. 3%) whereas increasing temperature from 1% to 7% would result in the maximum yield reduction of -20.6% (1.315 to 1.09 ton/ha.). On the other hand, increasing rainfall from 5-20% resulted in yield increment of 68% (1.315-2.209 ton/ha) and decreasing temperature produce 7% increase in yield ( 1.315 to 1.401ton/ha). These results provide useful information to adopt strategies by the Government of Ghana and farmers for improving national food security under climate change.

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ECONOMIC POWER, POPULATION, AND SIZE OF ASTRONOMICAL COMMUNITY

  • Ahn, Sang-Hyeon
    • Journal of The Korean Astronomical Society
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    • v.52 no.5
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    • pp.159-172
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    • 2019
  • It is known that the number of astronomers of a country registered to the International Astronomical Union (IAU) is correlated with that country's gross domestic product (GDP). However, the robustness of this relationship could be doubted, as the fraction of astronomers joining the IAU differs from country to country. Here we revisit this correlation by using more recent data, updated as of 2017. We find a similar correlation by using the total number of astronomers and astrophysicists with PhD degrees that are working in each country, instead of adopting the number of IAU members. We confirm the existence of the correlation. We also confirm the existence of two subgroups within this correlation. One group consists of advanced European countries having a long history of modern astronomy, while the other group consists of countries having experienced recent rapid economic development. In order to determine the cause for the correlation, we obtained the long-term variations of the number of astronomers, population, and the GDP for a number of countries. We find that the number of astronomers per capita for recently developing countries has increased more rapidly as GDP per capita increased, than that for fully developed countries. We collected demographic data of the Korean astronomical community and find that it has experienced recent rapid growth. From these findings we estimate the proper size of the Korean astronomical community by considering Korea economic power and population. The current number of PhD astronomers working in Korea is approximately 310, but it should be 550 in order for it to be comparable and competitive to the sizes of the Spanish, Canadian, and Japanese astronomical communities. If current trends continue, this number will be reached by 2030. In order to be comparable to the German, French, and Italian communities, there should be 800 PhD astronomers in Korea. We discuss ways to overcome the vulnerability of the Korean astronomical community, based on the statistics of national R&D expenditure structure in comparison with that of other major advanced countries.

Predicting the Future Price of Export Items in Trade Using a Deep Regression Model (딥러닝 기반 무역 수출 가격 예측 모델)

  • Kim, Ji Hun;Lee, Jee Hang
    • KIPS Transactions on Software and Data Engineering
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    • v.11 no.10
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    • pp.427-436
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    • 2022
  • Korea Trade-Investment Promotion Agency (KOTRA) annually publishes the trade data in South Korea under the guidance of the Ministry of Trade, Industry and Energy in South Korea. The trade data usually contains Gross domestic product (GDP), a custom tariff, business score, and the price of export items in previous and this year, with regards to the trading items and the countries. However, it is challenging to figure out the meaningful insight so as to predict the future price on trading items every year due to the significantly large amount of data accumulated over the several years under the limited human/computing resources. Within this context, this paper proposes a multi layer perception that can predict the future price of potential trading items in the next year by training large amounts of past year's data with a low computational and human cost.