• Title/Summary/Keyword: outlook model

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A Study of the Abalone Outlook Model Using by Partial Equilibrium Model Approach Based on DEEM System (부분균형모형을 이용한 전복 수급전망모형 구축에 관한 연구)

  • Han, Suk-Ho;Jang, Hee-Soo;Heo, Su-Jin;Lee, Nam-Su
    • The Journal of Fisheries Business Administration
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    • v.51 no.2
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    • pp.51-69
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    • 2020
  • The purpose of this study is to construct an outlook model that is consistent with the "Fisheries Outlook" monthly published by the Fisheries Outlook Center of the Korea Maritime Institute(KMI). In particular, it was designed as a partial equilibrium model limited to abalone items, but a model was constructed with a dynamic ecological equation model(DEEM) system taking into account biological breeding and shipping time. The results of this study are significant in that they can be used as basic data for model development of various items in the future. In this study, due to the limitation of monthly data, the market equilibrium price was calculated by using the recursive model construction method to be calculated directly as an inverse demand. A model was built in the form of a structural equation model that can explain economic causality rather than a conventional time series analysis model. The research results and implications are as follows. As a result of the estimation of the amount of young seashells planting, it was estimated that the coefficient of the amount of young seashells planting from the previous year was estimated to be 0.82 so that there was no significant difference in the amount of young seashells planting this year and last year. It is also meant to be nurtured for a long time after aquaculture license and limited aquaculture area(edge style) and implantation. The economic factor, the coefficient of price from last year was estimated at 0.47. In the case of breeding quantity, it was estimated that the longer the breeding period, the larger the coefficient of breeding quantity in the previous period. It was analyzed that the impact of shipments on the breeding volume increased. In the case of shipments, the coefficient of production price was estimated unelastically. As the period of rearing increased, the estimation coefficient decreased. Such result indicates that the expected price, which is an economic factor variable and that had less influence on the intention to shipments. In addition, the elasticity of the breeding quantity was estimated more unelastically as the breeding period increased. This is also correlated with the relative coefficient size of the expected price. The abalone supply and demand forecast model developed in this study is significant in that it reduces the prediction error than the existing model using the ecological equation modeling system and the economic causal model. However, there are limitations in establishing a system of simultaneous equations that can be linked to production and consumption between industries and items. This is left as a future research project.

Outlook of Wood Products Markets with Supply and Demand Model (수급모형을 이용한 목제품 시장 전망)

  • Lee, Sang-Min;Kim, Kyeong-Duk;Song, Seong-Hwan;Bark, Ji-Eun
    • Journal of Korean Society of Forest Science
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    • v.103 no.3
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    • pp.462-472
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    • 2014
  • This study is aimed at developing a supply-demand model of wood products, and outlook for mid-term and long-term supply and demand for each products. The main wood products include sawnwood, plywood, particle board, fiberboard (MDF), and pulp. The partial equilibrium model is composed of supply function, import demand function, demand function, price relation function. With given parameters the outlook for year 2050 says that sawnwood, plywood, and fiberboard for domestic productions and imports are decreased. This may result from the increase of log prices from the inside and outside of the country because of the propensity for environment protection and the resource nationalism. On the other hand the supply of particle board and pulp will increase because they are made from wasted wood and chips.

Development and Assessment of Environmental Water Seasonal Outlook Method for the Urban Area (도시지역에 대한 환경용수의 계절전망 기법 개발 및 평가)

  • So, Jae-Min;Kim, Jeong-Bae;Bae, Deg-Hyo
    • Journal of Korean Society on Water Environment
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    • v.34 no.1
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    • pp.67-76
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    • 2018
  • There are 34 mega-cities with a population of more than 10 million in the world. One of the highly populated cities in the world is Seoul in South Korea. Seoul receives $1,140million\;m^3/year$ for domestic water, $2million\;m^3/year$ for agricultural water and $6million\;m^3/year$ for industrial water from multi-purpose dams. The maintenance water used for water conservation, ecosystem protection and landscape preservation is $158million\;m^3/year$, which is supplied from natural precipitation. Recently, the use of the other water for preservation of water quality and ecosystem protection in urban areas is increasing. The objectives of this study is to develop the seasonal forecast method of environmental water in urban areas (Seoul, Daejeon, Gwangju, Busan) and to evaluate its predictability. In order to estimate the seasonal outlook information of environmental water from Land Surface Model (LSM), we used the observation weather data of Automated Synoptic Observing System (ASOS) sites, forecast and hind cast data of GloSea5. In the past 30 years (1985 ~ 2014), precipitation, natural runoff and Urban Environmental Water Index (UEI) were analyzed in the 4 urban areas. We calculated the seasonal outlook values of the UEI based on GloSea5 for 2015 year and compared it to UEI based on observed data. The seasonal outlook of UEI in urban areas presented high predictability in the spring, autumn and winter. Studies have depicted that the proposed UEI will be useful for evaluating urban environmental water and the predictability of UEI using GloSea5 forecast data is likely to be high in the order of autumn, winter, spring and summer.

Estimation of ESP Probability considering Weather Outlook (기상예보를 고려한 ESP 유출 확률 산정)

  • Ahn, Jung Min;Lee, Sang Jin;Kim, Jeong Kon;Kim, Joo Cheol;Maeng, Seung Jin;Woo, Dong Hyeon
    • Journal of Korean Society on Water Environment
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    • v.27 no.3
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    • pp.264-272
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    • 2011
  • The objective of this study was to develop a model for predicting long-term runoff in a basin using the ensemble streamflow prediction (ESP) technique and review its reliability. To achieve the objective, this study improved not only the ESP technique based on the ensemble scenario analysis of historical rainfall data but also conventional ESP techniques used in conjunction with qualitative climate forecasting information, and analyzed and assessed their improvement effects. The model was applied to the Geum River basin. To undertake runoff forecasting, this study tried three cases (case 1: Climate Outlook + ESP, case 2: ESP probability through monthly measured discharge, case 3: Season ESP probability of case 2) according to techniques used to calculate ESP probabilities. As a result, the mean absolute error of runoff forecasts for case 1 proposed by this study was calculated as 295.8 MCM. This suggests that case 1 showed higher reliability in runoff forecasting than case 2 (324 MCM) and case 3 (473.1 MCM). In a discrepancy-ratio accuracy analysis, the Climate Outlook + ESP technique displayed 50.0%. This suggests that runoff forecasting using the Climate Outlook +ESP technique with the lowest absolute error was more reliable than other two cases.

A Study on Forecast of Oyster Production using Time Series Models (시계열모형을 이용한 굴 생산량 예측 가능성에 관한 연구)

  • Nam, Jong-Oh;Noh, Seung-Guk
    • Ocean and Polar Research
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    • v.34 no.2
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    • pp.185-195
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    • 2012
  • This paper focused on forecasting a short-term production of oysters, which have been farmed in Korea, with distinct periodicity of production by year, and different production level by month. To forecast a short-term oyster production, this paper uses monthly data (260 observations) from January 1990 to August 2011, and also adopts several econometrics methods, such as Multiple Regression Analysis Model (MRAM), Seasonal Autoregressive Integrated Moving Average (SARIMA) Model, and Vector Error Correction Model (VECM). As a result, first, the amount of short-term oyster production forecasted by the multiple regression analysis model was 1,337 ton with prediction error of 246 ton. Secondly, the amount of oyster production of the SARIMA I and II models was forecasted as 12,423 ton and 12,442 ton with prediction error of 11,404 ton and 11,423 ton, respectively. Thirdly, the amount of oyster production based on the VECM was estimated as 10,425 ton with prediction errors of 9,406 ton. In conclusion, based on Theil inequality coefficient criterion, short-term prediction of oyster by the VECM exhibited a better fit than ones by the SARIMA I and II models and Multiple Regression Analysis Model.

Construction & Evaluation of GloSea5-Based Hydrological Drought Outlook System (수문학적 가뭄전망을 위한 GloSea5의 활용체계 구축 및 예측성 평가)

  • Son, Kyung-Hwan;Bae, Deg-Hyo;Cheong, Hyun-Sook
    • Atmosphere
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    • v.25 no.2
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    • pp.271-281
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    • 2015
  • The objectives of this study are to develop a hydrological drought outlook system using GloSea5 (Global Seasonal forecasting system 5) which has recently been used by KMA (Korea Meteorological Association) and to evaluate the forecasting capability. For drought analysis, the bilinear interpolation method was applied to spatially downscale the low-resolution outputs of GloSea5 and PR (Predicted Runoff) was produced for different lead times (i.e., 1-, 2-, 3-month) running LSM (Land Surface Model). The behavior of PR anomaly was similar to that of HR (Historical Runoff) and the estimated values were negative up to lead times of 1- and 2-month. For the evaluation of drought outlook, SRI (Standardized Runoff Index) was selected and PR_SRI estimated using PR. ROC score was 0.83, 0.71, 0.60 for 1-, 2- and 3-month lead times, respectively. It also showed the hit rate is high and false alarm rate is low as shorter lead time. The temporal Correlation Coefficient (CC) was 0.82, 0.60, 0.31 and Root Mean Square Error (RMSE) was 0.52, 0.86, 1.20 for 1-, 2-, 3-month lead time, respectively. The accuracy of PR_SRI was high up to 1- and 2-month lead time on local regions except the Gyeonggi and Gangwon province. It can be concluded that GloSea5 has high applicability for hydrological drought outlook.

The Impacts of Seawater Surface Temperature Rising on Sea Mustard Yields of Goheung and Wando Coast in Korea (고흥·완도 해수표층온도 상승이 미역 단수에 미치는 영향)

  • Cho, Jae-Hwan;Suh, Jeong-Min;Lee, Nam-Su;Ha, Hyun-Jung
    • Journal of Environmental Science International
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    • v.27 no.3
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    • pp.147-154
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    • 2018
  • The purpose of this article is analyzing the impacts of seawater surface temperature rise on sea mustard yields of Goheung and Wando coast in Korea, with employing a panel data regression model. Our results show that there has been a negative impacts on sea mustard yields as seawater surface temperature continuously has been rising. Especially if the upward trend in seawater surface temperature since 2005 will be maintained in future, sea mustard yield is expected to decrease by 2.6% per year.

A study on the estimation of onion's bulb weight using multi-level model (다층모형을 활용한 양파 구중 추정 연구)

  • Kim, Junki;Choi, Seung-cheon;Kim, Jaehwi;Seo, Hong-Seok
    • The Korean Journal of Applied Statistics
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    • v.33 no.6
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    • pp.763-776
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    • 2020
  • Onions show severe volatility in production and price because crop conditions highly depend on the weather. The government has designated onions as a sensitive agricultural product, and prepared various measures to stabilize the supply and demand. First of all, preemptive and reliable information on predicting onion production is essential to implement appropriate and effective measures. This study aims to contribute to improving the accuracy of production forecasting by developing a model to estimate the final weight of onions bulb. For the analysis, multi-level model is used to reflect the hierarchical data characteristics consisting of above-ground growth data in individual units and meteorological data in parcel units. The result shows that as the number of leaf, stem diameter, and plant height in early May increase, the bulb weight increases. The amount of precipitation as well as the number of days beyond a certain temperature inhibiting carbon assimilation have negative effects on bulb weight, However, the daily range of temperature and more precipitation near the harvest season are statistically significant as positive effects. Also, it is confirmed that the fitness and explanatory power of the model is improved by considering the interaction terms between level-1 and level-2 variables.

Applicability Assessment of Hydrological Drought Outlook Using ESP Method (ESP 기법을 이용한 수문학적 가뭄전망의 활용성 평가)

  • Son, Kyung Hwan;Bae, Deg Hyo
    • Journal of Korea Water Resources Association
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    • v.48 no.7
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    • pp.581-593
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    • 2015
  • This study constructs the drought outlook system using ESP(Ensemble Streamflow Prediction) method and evaluates its utilization for drought prediction. Historical Runoff(HR) was estimated by employing LSM(Land Surface Model) and the observed meteorological, hydrological and topographical data in South Korea. Also Predicted Runoff(PR) was produced for different lead times(i.e. 1-, 2-, 3-month) using 30-year past meteorological data and the initial soil moisture condition. The HR accuracy was higher during MAM, DJF than JJA, SON, and the prediction accuracy was highly decreased after 1 month outlook. SRI(Standardized Runoff Index) verified for the feasibility of domestic drought analysis was used for drought outlook, and PR_SRI was evaluated. The accuracy of PR_SRI with lead times of 1- and 2-month was highly increased as it considered the accumulated 1- and 2-month HR, respectively. The Correlation Coefficient(CC) was 0.71, 0.48, 0.00, and Root Mean Square Error(RMSE) was 0.46, 0.76, 1.01 for 1-, 2- and 3-month lead times, respectively, and the accuracy was higher in arid season. It is concluded that ESP method is applicable to domestic drought prediction up to 1- and 2-month lead times.

The effects of a 52-hour workweek policy on meat consumption patterns in Korea

  • Cho, Jaesung;Jeong, Minkook;Seo, Gangcheol;Lee, Hyungwoo
    • Korean Journal of Agricultural Science
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    • v.48 no.1
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    • pp.83-93
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    • 2021
  • The 52-hour workweek policy in Korea is a system that limits the maximum working hours per week to 52 hours including holiday work, which has been treated separately from overtime work during a week. Although this policy is designed to improve the quality of life and create jobs, it may also reduce the income of some workers. In general, it can be assumed that reduced working hours increase consumption at home. This study analyzed the effect of the 52-hour work policy on meat consumption patterns with the ordered logit model. Major factors considered in this study include working hours, income, and consumption frequency. It distinguished domestic and workplace consumption. The results show that the policy has had an impact on meat consumption patterns both at home and at work. If there is no change in income and only the working hours decrease, meat consumption in households increases. On the other hand, if both income and working hours decrease, household meat consumption decreases. Moreover, reduced working hours decrease the frequency of office happy hour and meat consumption in the workplace. However, the 52-hour workweek policy applies only to workers working more than 52 hours per week; thus, it is difficult to determine the overall effect of the policy on national meat consumption patterns.