• Title/Summary/Keyword: resource equilibrium

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Estimating the Price of Standard Waste Bags Using a Structural Model (구조모형을 이용한 적정 종량제 봉투 가격 추정에 관한 연구)

  • Yang, Jun Seok;Choi, Eun Chul;Lee, Sangheon
    • Environmental and Resource Economics Review
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    • v.31 no.1
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    • pp.31-50
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    • 2022
  • This paper estimates the price of standard waste bags that satisfies the polluter pays principle. Unlike previous studies, this paper suggests a method that can find new equilibrium prices using a structural relationship between the demand and cost function for the wastes. To do this, we employ the fixed-point iteration. The main findings of this paper are as follows. Assuming that the polluter pays principle is achieved at the average cost for the waste treatment, the price need to be set at a level about 3.12 times higher than the current one. The estimation result using a structural model, however, shows that the price should be set at a level four times higher than the present. This results are because the quantities reduced of the wastes make the cost per quantity of wastes due to the fixed costs increase. If applying the estimated price to the demand function, the amount of discharge of waste generated nationwide can be reduced by 10%.

A Follow-up Association Study of Genetic Variants for Bone Mineral Density in a Korean Population

  • Ham, Seokjin;Roh, Tae-Young
    • Genomics & Informatics
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    • v.12 no.3
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    • pp.114-120
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    • 2014
  • Bone mineral density (BMD) is one of the quantitative traits that are genetically inherited and affected by various factors. Over the past years, genome-wide association studies (GWASs) have searched for many genetic loci that influence BMD. A recent meta-analysis of 17 GWASs for BMD of the femoral neck and lumbar spine is the largest GWAS for BMD to date and offers 64 single-nucleotide polymorphisms (SNPs) in 56 associated loci. We investigated these BMD loci in a Korean population called Korea Association REsource (KARE) to identify their validity in an independent study. The KARE population contains genotypes from 8,842 individuals, and their BMD levels were measured at the distal radius (BMD-RT) and midshaft tibia (BMD-TT). Thirteen genomic loci among 56 loci were significantly associated with BMD variations, and 3 loci were involved in known biological pathways related to BMD. In order to find putative functional variants, nearby SNPs in relation to linkage equilibrium were annotated, and their possible functional effects were predicted. These findings reveal that tens of variants, not a single factor, may contribute to the genetic architecture of BMD; have an important role regardless of ethnic group; and may highlight the importance of a replication study in GWASs to validate genuine loci for BMD variation.

Numerical Investigation on Natural Circulation in a Simplified Passive Containment Cooling System (단순화된 피동 원자로건물 냉각계통 내 자연순환에 관한 수치적 연구)

  • Suh, Jungsoo
    • Journal of the Korean Society of Safety
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    • v.33 no.3
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    • pp.92-98
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    • 2018
  • The flow of cooling water in a passive containment cooling system (PCCS), used to remove heat released in design basis accidents from a concrete containment of light water nuclear power plant, was conducted in order to investigate the thermo-fluid equilibrium among many parallel tubes of PCCS. Numerical simulations of the subcooled boiling flow within a coolant loop of a PCCS, which will be installed in innovative pressurized-water reactor (PWR), were conducted using the commercially available computational fluid dynamics (CFD) software ANSYS-CFX. Shear stress transport (SST) and the RPI model were used for turbulence closure and subcooled flow boiling, respectively. As the first step, the simplified geometry of PCCS with 36 tubes was modeled in order to reduce computational resource. Even and uneven thermal loading conditions were applied at the outer walls of parallel tubes for the simulation of the coolant flow in the PCCS at the initial phase of accident. It was observed that the natural circulation maintained in single-phase for all even and uneven thermal loading cases. For uneven thermal loading cases, coolant velocity in each tube were increased according to the applied heat flux. However, the flows were mixed well in the header and natural circulation of the whole cooling loop was not affected by uneven thermal loading significantly.

Impact of Exchange Rate Shocks, Inward FDI and Import on Export Performance: A Cointegration Analysis

  • NGUYEN, Van Chien;DO, Thi Tuyet
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.4
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    • pp.163-171
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    • 2020
  • The study aims to examine the effects of inward every presence of foreign investment, import, and real exchange rate shocks on export performance in Vietnam. This study employs a time-series sample dataset in the period of 2009 - 2018. All data are collected from the General Statistics Office of Ministry of Planning and Investment in Vietnam, World Development Indicator and Ministry of Finance, State Bank of Vietnam. This study employs the Augmented Dickey-Fuller test and the vector error correction model with the analysis of cointegration. The results demonstrate that a higher value of import significantly accelerates export performance in the short run, but insignificantly generates in the long run. When the volume of registered foreign investment goes up, the export performance will predominantly decrease in the both short run and long run. Historically, countries worldwide are more likely to devaluate their currencies in order to support export performance. According to the study, the exchange rate volatility has an effect on the external trade in the long run but no effect in the short run. Finally, Vietnam's export performance converges on its long-run equilibrium by roughly 6.3% with the speed adjustment via a combination of import, every presence of foreign investment, and real exchange rate fluctuations.

Impoundments Increase Potential for Phosphorus Retention and Remobilization in an Urban Stream

  • Vo, Nguyen Xuan Que;Doan, Tuan Van;Kang, Hojeong
    • Environmental Engineering Research
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    • v.19 no.2
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    • pp.175-184
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    • 2014
  • Weirs are conventional structures that control water level and velocity in streams to facilitate water resource management. Despite many weirs built in streams, there is little information how weirs change hydrology regime and how that translates to sediment and phosphorus (P) responses. This study evaluated the influence of weirs on P retention and mobilization in an urban tributary of the Han River in Korea. Total P concentrations in sediments upstream of weirs were higher than the downstream site, mainly due to the increase of potentially available fractions (labile P and aluminum- and iron-bound P) (p < 0.05). Equilibrium phosphorus concentrations ($EPC_o$) were lower than soluble reactive phosphorus (SRP) concentrations of stream waters, but there was an increasing trend of sediment $EPC_o$ upstream of weirs compared to the downstream site (p < 0.001) indicating a greater potential for P release upstream of weirs. Sediment core incubation showed that SRP release rates upstream of weirs were higher than the downstream site under anoxic conditions of the water column (p < 0.01), but not under oxic conditions. SRP release rates under anoxic conditions were greater than that measured under oxic conditions. Un-neutral pH and increased temperature could also enhance SRP release rates upstream of weirs. We conclude that weirs can increase P retention within stream sediments and potentially promote significant P releases into waters, which in turn cause eutrophication.

A Task Scheduling Strategy in Cloud Computing with Service Differentiation

  • Xue, Yuanzheng;Jin, Shunfu;Wang, Xiushuang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.11
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    • pp.5269-5286
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    • 2018
  • Task scheduling is one of the key issues in improving system performance and optimizing resource management in cloud computing environment. In order to provide appropriate services for heterogeneous users, we propose a novel task scheduling strategy with service differentiation, in which the delay sensitive tasks are assigned to the rapid cloud with high-speed processing, whereas the fault sensitive tasks are assigned to the reliable cloud with service restoration. Considering that a user can receive service from either local SaaS (Software as a Service) servers or public IaaS (Infrastructure as a Service) cloud, we establish a hybrid queueing network based system model. With the assumption of Poisson arriving process, we analyze the system model in steady state. Moreover, we derive the performance measures in terms of average response time of the delay sensitive tasks and utilization of VMs (Virtual Machines) in reliable cloud. We provide experimental results to validate the proposed strategy and the system model. Furthermore, we investigate the Nash equilibrium behavior and the social optimization behavior of the delay sensitive tasks. Finally, we carry out an improved intelligent searching algorithm to obtain the optimal arrival rate of total tasks and present a pricing policy for the delay sensitive tasks.

Economic Valuation of Green Open Spaces: The Effects of Homeownership and Residential Types (도시녹지의 경제가치 평가: 소유 여부와 주택유형의 영향)

  • Choi, Andy Sungnok;Cho, Seong-Hoon
    • Environmental and Resource Economics Review
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    • v.30 no.3
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    • pp.395-433
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    • 2021
  • This paper aims to examine the effects of homeownership and residential types on the economic values of urban green spaces. Green open spaces as public goods provide positive externalities that are comprised of pecuniary and technological externalities. Seoul, South Korea, is used as a case study using choice experiments, with split-sample online respondents of 1,000. The study results evidenced that the differentiation between the two types of externalities is imperative for equitable provisions and efficient management of various urban open spaces. There is a positively significant and substantial impact of homeownership for apartment dwellers, ceteris paribus, but not for house dwellers. For apartments, the efficiency loss can be reduced by increasing green spaces up to the critical point where the marginal cost is at equilibrium with tenants' marginal values. For non-apartment houses, it is not homeownership but the monthly household income that has a significant impact on the amenity value. In general, public benefits from green spaces are equivalent to 16% to 33% of the current residential prices on average for a view or access. Different residential types do not cause a significant impact on the access values. Residential profiles for green spaces were developed, together with tailor-made policy suggestions.

The Impact of the Introduction of Hydrogen Energy into the Power Sector on the Economy and Energy (전력부문 수소에너지 도입의 경제 및 에너지부문 파급효과)

  • Lee, Sang-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.8
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    • pp.502-507
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    • 2016
  • The transition from a carbon economy based on fossil fuels to a hydrogen economy is necessary to ensure energy security and to combat climate change. In order to pursue the transition to a hydrogen economy while achieving sustainable economic growth, a preliminary study into the establishment of the necessary infrastructure for the future hydrogen economy needs to be carried out. This study addresses the economic and environmental interactions in a dynamic computable general equilibrium (CGE) model focusing on the economic effects of the introduction of renewable energy into the Korean energy system. Firstly, the introduction of hydrogen results in an increase in the investment in hydrogen production and the reduction of the production cost, ultimately leading to GDP growth. Secondly, the mandatory introduction of renewable energy and associated government subsidies bring about a reduction in total demand. Additionally, the mandatory introduction of hydrogen energy into the power sector helps to reduce CO2 emissions through the transition from a carbon economy-based on fossil energy to a hydrogen economy. This means that hydrogen energy needs to come from non-fossil fuel sources in order for greenhouse gases to be effectively reduced. Therefore, it seems necessary for policy support to be strengthened substantially and for additional studies to be conducted into the production of hydrogen energy from renewable sources.

A Study on the Formation of Hydrate Plugging due to water molecules in High Pressure and Low Temperature Gas Pipeline (고압$\cdot$저온 가스 배관에서 수분에 의한 하이드레이트 플러깅 형성)

  • Lee J. H.;Baek Y. S.;Sung W. M.
    • Journal of the Korean Institute of Gas
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    • v.6 no.1 s.17
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    • pp.38-45
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    • 2002
  • Hydrates are solid cryctallines resembling ice in appearance, which are consist of a gas molecule surrounded by a cage of water molecules. Because of containning a large amount of methane, hydrates have been considered as a future energy resource. However, the formation of hydrates in the oil and gas industries has been known as a serious problem for a long time. The formation of hydrate in pipeline is common in seasonally cold or sub-sea environments with low temperatures and high pressures. Especially, hydrate plug formation becomes a real menace to flow assurance in inadequately protected transmission lines. This study was carried out for the purpose of understanding mechanism of hydrate plugging and examining formation conditions of hydrate in high pressure gas pipeline. In this study, we measured hydrate equilibrium conditions under the various flowing conditions with the methane. The results were presented both the plugging tendency and the effect of flowing velocity.

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International Linkage of CO2 Emissions from Fossil Fuels as Embodied in Foreign Trade and Effects of Economic Policy Measure (국제무역에 함유된 지구온난화 가스 배출의 국제연관구조와 경제적 유인정책의 효과)

  • Chung, Hyun-Sik
    • Environmental and Resource Economics Review
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    • v.13 no.4
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    • pp.621-655
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    • 2004
  • Emission Trading (ET) among Annex I countries as expounded in Kyoto mechanism can be an effective mean to control Greenhouse Gases(GHGs), particularly $CO_2$ emissions from fossil fuels. For the international ET to be an effective tool to reduce the global emissions, however, it presupposes that there are no carbon leakage, i.e. Annex I emitters will purchase emission permits if emitting above caps, rather than importing emission-intensive goods from non-Annex I countries thus inducing the foreigners to emit instead. The extent to which a country leaks carbon through trade can be revealed by its bilateral balance of current accounts and related Balance of Emissions Embodied in Trade (BEET) supplemented by Emission Terms of Trade (ETT). Earlier studies on BEET and ETT relied on few selected countries in a partial equilibrium context, Korea being treated as insignificant though she is not a minor emitter. This paper is an attempt to examine BEET in the global CGE framework and to compare its structural difference across countries, with a special emphasis on South Korea.

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