• Title/Summary/Keyword: resource equilibrium

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Climate Change and Groundwater Sustainability in Korea for Next Decade (기후변화와 국내 지하수자원의 지속가능성 - 다음 10년을 위해서)

  • Woo, Nam C.
    • Journal of Soil and Groundwater Environment
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    • v.18 no.1
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    • pp.1-5
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    • 2013
  • Global climate changes affect the local hydrologic cycle, and subsequently, require changes in water resource management strategies of Korea. Variations in precipitation and urbanization have adverse effects on the reasonable and efficient utilization of groundwater resources. Groundwater management strategies of Korea have been implemented based on the evaluation of "sustainable yield", which is calculated from the amount of annual recharge. However, this sustainable yield has no consideration of natural discharge and dynamic equilibrium of the groundwater system. Therefore, for the effective groundwater management strategies of the following decades, we need representative and reliable observations, and have to develop methods for the systematic analysis and interpretations of the data to draw valid information in linkage of natural and societal environmental changes.

The Appropriatness of Government Support of Shipping Industry ; A General Equilibrium Approach (해운산업에 대한 정부지원의 타당성 검토)

  • 정봉민
    • Journal of Korean Society of Transportation
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    • v.8 no.2
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    • pp.27-41
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    • 1990
  • In this study the economic impacts of government support of shipping industry in the labor rich country are appraised in a general equilibrium model. Shipping industry subsidies (which are supposed to be supplied by lump-sum tax) will decrease disposable income by shifting productive resources from traded goods to the comparatively disadvantageous transport sector, and at the same time reduce the implicit tariff effect by lowering transport costs. The net effect of shipping industry subsidies is to increase social welfare because the latter positive effect of shipping industry subsidies is to increase social welfare because the latter positive effect dominates the former negative effect. Such an increase in social welfare can never be expected from competitive traded goods industry subsidies in the case of which social welfare will actually decrease because of inefficient resource allocation resulting from the subsidies. In addition it is worth noting that the subsidies on the most capital intensive shipping industry will rectify unevenness in income distribution by raising relative price of labor contrary to subsidies on capital intensive traded goods.

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MODELING AND ANALYSIS OF AN EPIDEMIC MODEL WITH CLASSICAL KERMACK-MCKENDRICK INCIDENCE RATE UNDER TREATMENT

  • Kar, T.K.;Batabyal, Ashim;Agarwal, R.P.
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.14 no.1
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    • pp.1-16
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    • 2010
  • An epidemic model with Classical Kermack-Mckendrick incidence rate under a limited resource for treatment is proposed to understand the effect of the capacity for treatment. We have assumed that treatment function is strictly increasing function of infective individuals and becomes constant when the number of infective is very large. Existence and stability of the disease free and endemic equilibrium are investigated, boundedness of the solutions are shown. Even in this simple version of the model, backward bifurcation and multiple epidemic steady states can be observed with some sets of parameter values. Hopf-bifurcation analyses are given and numerical examples are provided to help understanding.

Development and characterization of nine microsatellite loci from the Korean hare (Lepus coreanus) and genetic diversity in South Korea

  • Kim, Sang-In;An, Jung-Hwa;Choi, Sung-Kyoung;Lee, Yun-Sun;Park, Han-Chan;Kimura, Junpei;Kim, Kyung-Seok;Min, Mi-Sook;Lee, Hang
    • Animal cells and systems
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    • v.16 no.3
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    • pp.230-236
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    • 2012
  • The Korean hare, Lepus coreanus, is an important mammal in ecosystem food chains, and is distributed across the entire Korean peninsula and northeastern China. Polymorphic microsatellite loci were developed using the biotinenrichment technique for use in population genetics studies. Five trinucleotide and four dinucleotide microsatellite loci were selected and tested on 22 Korean hare specimens collected from Gangwon Province and Gyeongsangbuk Province in South Korea. The number of alleles across the two sampling regions ranged from three to nine with a mean of 6.1. Mean observed and expected heterozygosities and polymorphic information content were 0.540, 0.627 and 0.579, respectively. Only one locus, Lc06, showed departure from Hardy-Weinberg equilibrium after applying the Bonferroni correction. Four microsatellites, Lc01, Lc03, Lc12, and Lc19, satisfied the criteria to serve as a core set of markers recommended for population genetics studies. These new microsatellite markers will be widely applicable to future genetic studies for management and conservation of the Korean hare and related species, including assessment of the genetic diversity and population structure of L. coreanus.

A Experimental Study of the Kinetic Characteristics of Methane Hydrate (메탄 하이드레이트 동적특성에 대한 실험적 연구)

  • Kim, Nam-Jin;Chun, Won-Gee
    • Journal of the Korean Solar Energy Society
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    • v.26 no.2
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    • pp.19-25
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    • 2006
  • Methane hydrate, non-polluting new energy resource, satisfies requirement and considered as a precious resource that can prevent the global warming. Fortunately, there are abundant resources of methane hydrate distribute in the earth widely. Therefore, developing the techniques that can utilize these gases effectively is highly desired. The work in this paper here is to develop a skill which can transport and store methane hydrate. As a first step, the equilibrium experiment was carried out by increasing temperatures in the cell at fixed pressures. The influence of gas consumption rates under variable degree of subcooling, stirring and water injection has been investigated formation to clarify kinetic characteristics of the hydrate. The results of present investigation showed that the enhancements of the hydrate formation in terms of the gas/water ratio are closely related to operational pressure, temperature, degrees of subcooling, and water injection.

Spatial Price Competition in the Korean Retail Gasoline Market

  • Kim, Donghun;Lee, Jiyon
    • Environmental and Resource Economics Review
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    • v.23 no.4
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    • pp.553-581
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    • 2014
  • This paper analyzes competition among service stations in the Korean gasoline market. We consider spatial differentiation as a source of product differentiation as well as the characteristics of the stations and vertical contracts between refiners and retailers as factors causing changes in equilibrium prices in the Korean gasoline retail market. The effect of the government's price disclosure policy on the retail market competition is also analyzed. Moran's I test indicates that the prices of neighboring gas stations are spatially correlated in the market. It is also found that gasoline prices for vertically integrated stations are much lower than those for independent stations. In addition, unbranded stations charge lower prices than branded stations but also induce branded stations to price more competitively. Meanwhile, the government's price disclosure policy did intensify price competition in the retail gasoline market. It is inferred that the price disclosure policy contributed to retailers gaining more bargain power in price negotiation with refiners, causing an eventual increase in retail prices.

Scale Economies and The Effects of A Carbon Tax on Korean Economy : A Cournot-Walrasian CGE Simulation (규모의 경제와 탄소세의 경제적 효과: CGE모형을 이용한 분석)

  • Shin, Dong-Cheon
    • Environmental and Resource Economics Review
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    • v.9 no.5
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    • pp.973-997
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    • 2000
  • The carbon tax is one of several measures to reduce the green-house gases emitted from burning the fossil fuels, which has been much discussed internationally. The analyses of the effects of a carbon tax on individual countries have been carried out by applying the computable general equilibrium(CGE) models, especially models with the assumption of non-existence of scale economies. However, the introduction of scale economies to CGE models changes the simulation results drastically. In this paper, two CGE models are used to compute and compare the economic and $CO_2$ reduction effects of a carbon tax, one of with is the model with scale economies and the other is without scale economies. One of main results is that the analysis using the CGE model without scale economies may underestimate the effects of a carbon tax on GDP and reducing the emission of $CO_2$.

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Measuring the Economic Impact of the Energy Price Changes in Korea (에너지가격변화의 경제적 효과에 관한 연구)

  • Kim, Suduk;Sonn, Yang-Hoon
    • Environmental and Resource Economics Review
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    • v.10 no.4
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    • pp.495-513
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    • 2001
  • We investigate a practical method of calculating the impact of multiple domestic energy price change on the final demand, production, the export and import change, the change in the balance of payment of Korean economy. By combining an existing computable general equilibrium (CGE) model with the traditional input-output analysis with two additional assumptions on the price behavior, we provide a cost-effective method of analyzing the impact of multiple energy price changes on the domestic economy. The energy price shock we used in this paper is 0.127% increase weighted by the sectoral productions. The total impacts on price level and GDP are 1.258% and -0.940%, respectively. The impact on the total output (GDP and intermediate goods) is about -1.580%.

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The Effect of Carbon Tax on the Economy, the Environment and the Health in Seoul (탄소세 부과가 서울의 경제·환경·건강에 미치는 효과)

  • Kim, Euijune;Kim, Jaejoon;Shin, Sungwhee;Cho, Janghyung
    • Environmental and Resource Economics Review
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    • v.11 no.1
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    • pp.145-184
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    • 2002
  • This paper analyzes the impact of imposing carbon tax on the Seoul economy to reduce Greenhouse Gas(GHG) emission. We construct the social accounting matrix of Seoul, specifying energy and transport sectors which is closely related to air pollution. Then, we formulated the computable general equilibrium (CGE) model of seoul and performed scenario analysis. The main result shows that the economic cost of GHG reduction is quite large but the health benefit is also considerable. It also suggests the importance of cost effective measures such as the development of new energy technology and the improvement of energy efficiency.

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Proposed Method for Determining Price Cap in the Korean Electricity Market Applicable to TWBP

  • Kang Dong-Joo;Moon Young-Hwan;Kim Balho H.
    • KIEE International Transactions on Power Engineering
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    • v.5A no.2
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    • pp.199-203
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    • 2005
  • This paper proposes the level of price cap in the TWBP(Two- Way Bidding Pool) market in Korea for which the draft of market design has been prepared by KPX. Max - GMCP(Maximum Generation Market Clearing Price) and APC(Administered Price Cap) would be separately applied as individual price caps for a normal period and a Price Capping period in TWBP. The level of price cap is determined for inducing optimal investment in the Korean Electricity Market considering the 'electricity resource baseline plan' published by the Korean government in 2002 for maintaining government-leading resource planning in Korea. In this regard, Max - GMCP is calculated from the equilibrium condition of investment based on reliability standard and fixed cost of the peaking plant. For verifying the propriety of the proposed price cap, this paper compares the proposed value with the estimated VoLL(Value of Lost Load) based on Korea's GDP(Gross Domestic Product).