• Title/Summary/Keyword: service valuation

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The Cost-Benefit Analysis of the NutriPlus Program in Daejeon Dong-gu Health Center (영양플러스 사업의 비용편익분석 - 대전 동구보건소를 중심으로 -)

  • Kim, Hyun Ju;Kim, Sung Han
    • The Korean Journal of Food And Nutrition
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    • v.28 no.4
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    • pp.717-727
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    • 2015
  • Although the NutriPlus program has shown considerable evidence of enhancing users' nutritional status, the budget does not cover all eligible mothers and children. This study aimed to conduct a cost-benefit analysis of the NutriPlus program to assess its economic efficiency. 53 families with 79 users in the NutriPlus program at Daejeon Dong-gu Health Center participated in this study with informed consent. The costs and benefits were estimated from both the administrator's and users' perspectives. We converted the time cost into Korean currency based on the minimum wage in 2014. The value of nutrition education and service (B2), estimated by contingency valuation method (CVM), was counted as an economic benefit. 6 families (11.3%) were recipients of national medical care and 22 families (41.5%) paid 10% of the food package cost by themselves. The total cost was \7,450,167 and the total benefit was \12,402,239. The budget for the health center (C1+C2+C3+C4) was \5,984,381 a month. Time and transportation cost for receiving nutrition education (C6) differed significantly according to the economic status of families. Household food consumption increase (C4-B4) was 40,379 in the poverty group, which was four times more than in the other groups. The net benefit (B-C) was \4,852,172 and the B/C ratio was 1.66. Therefore, the NutriPlus program is beneficial in the economic aspect as well as in the nutritional aspect. If the enhancement of nutritional status was also considered, the total benefit would be even higher. These results confirm the legitimacy of a secure budget for the NutriPlus program. And we suggest expanding its budget to cover more eligible individuals to improve people's health and welfare.

An Appropriated Share between Revenue Expenditure and Capital Expenditure in Capital Stock Estimation for Infrastructure (SOC 자본스톡 추계에 있어서 수익적 지출과 자본적 지출의 적합 분배)

  • Cho, J.H.;Lee, S.J.;Oh, H.S.;Kwon, J.H.;Jung, N.Y.;Kim, M.S.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.2
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    • pp.153-158
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    • 2018
  • At the Bank of Korea, capital stock statistics were created by the PIM (perpetual inventory method) with fixed capital formation data. Asset classifications also included 2 categories in residential buildings, 4 non-residential buildings, 14 constructions, 9 transportation equipment, 28 machinery, and 2 intangible fixed assets. It is the Korean government accounting system which is developed much with the field of the national accounts including the valuation, but until 2008 it was consistent with single-entry bookkeeping. Many countries, including Korea, were single-entry bookkeeping, not double-entry bookkeeping which can be aggregated by government accounting standard account. There was no distinction in journaling between revenue and capital expenditure when it was consistent with single-entry bookkeeping. For example, we would like to appropriately divide the past budget accounts and the settlement accounts data that have been spent on dredging into capital expenditure and revenue expenditure. It, then, tries to add the capital expenditure calculated to FCF (fixed capital formation), because revenue expenditure is cost for maintenance etc. This could be a new direction, especially, in the estimation of capital stock by the perpetual inventory method for infrastructure (SOC, social overhead capital). It should also be noted that there are differences not only between capital and income expenditure but also by other factors. How long will this difference be covered by the difference between the 'new series' and 'old series' methodologies? In addition, there is no large difference between two series by the major asset classification level. If this is treated as a round-off error, this is a problem.

Introduction and Application of Conceptual Framework and Assessment of Ecosystem Services in Applied Ecological Engineering (응용생태공학에서 생태계서비스의 개념틀과 평가체제의 도입과 활용)

  • Joo, Wooyeong;Ahn, SoEun;Joo, Jin Chul;Cho, Dong-Gil;Bahn, Gwon Soo;Jung, Jinho;Hyun, Kyoung Hak
    • Ecology and Resilient Infrastructure
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    • v.6 no.1
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    • pp.69-76
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    • 2019
  • Ecosystem services are contributing to human welfare by enabling us to maintain our survival and quality of life. A metod of quantifying ecological functions is needed. We discussed the introduction and applications of ecosystem services to applied ecological engineering. The concept and assessment system of ecosystem services were applied to the economic valuation of river, the construction of blue-green-white network in urban area, ecological restoration, and integrated water management in Korea. The conceptual framework and assessment of ecosystem services can be used to promote value of ecological protection and restoration, helping stakeholders understand the benefits of ecosystems and increasing applications of the applied ecological engineering.

The Evaluation of Biodiversity Functions According to Land Use in Rural Areas (농촌지역 토지이용에 따른 생물다양성 기능 평가)

  • Son, Jin Kwan;Kong, Min Jae;Park, Min Jung;Lim, Ryu Gab;Kang, Tae Gyoung;Kim, Kwang Ho;Kim, Chang Hyun
    • Journal of Korean Society of Rural Planning
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    • v.27 no.2
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    • pp.49-58
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    • 2021
  • Rural and agricultural landscapes are important forms of land use in maintaining biodiversity. In addition humans are provided with various public functions from ecosystems and agricultural ecosystems. But the creation of a facility horticultural complex can be a space that can undermine the public interest function of the agricultural ecosystem. Therefore, this study aims to quantify the function of ecosystem services that land use changes affect biodiversity in Korea's rice paddy fields. The area subject to the study was selected as the largest agricultural complex in Korea due to rice paddy fields and land use changes, and field agriculture was also carried out simultaneously. The survey was conducted only in the fields of vegetation, insects, amphibians, and birds, four areas of biodiversity that are believed to have a high impact on changes in land use in agricultural landscapes. The valuation of ecosystem services in four areas of biodiversity derived from this study was evaluated as non-market value. As a result of quantitative evaluation, about 25 species of vegetation were reduced due to changes in land use. The diversity of about 40 species of aquatic insects that inhabit rice paddies among insects has disappeared due to the creation of a horticultural complex. Birds and amphibian reptiles were also found to have decreased diversity and populations. This research is expected to be used in various ways to develop policies to enhance ecosystem service functions.

A Study on the Evaluation of Importance of Factors Affecting the Vessel Value (선박가치 변화요인에 관한 중요도 평가 연구)

  • Choi, Jung-Suk;Namgung, Ho
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.28 no.1
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    • pp.91-99
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    • 2022
  • The shipping industry is a service industry that operates its business by transporting cargo on ships and receiving freight. Therefore, large-scale capital investment is required for ship operation, and if the value of the ship is uncertain, the risk of shipping management increases. This study aims to identify the factors affecting changes in ship value and to analyze the importance of each variable. To achieve the goal, the factors affecting changes in ship value were identified and structured using the techniques of text mining and topic modeling, and classified into three main factors and 12 sub-factors. This study used AHP analysis to examine the relative importance of each factor. Results indicated that the main factor influencing the change in the vessel value was the shipping factor, followed by the investment factor and the environment factor. Other auxiliary factors that substantially affect the ship value include the volatility of the shipping market and of shipping freight.

Analyzing consumer preferences by major attributes of in-vehicle infotainment systems (차량용 인포테인먼트 시스템의 주요 속성에 대한 이용자 선호 분석)

  • Kim, Junghwan;Kim, Min Sung
    • Journal of Digital Convergence
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    • v.20 no.5
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    • pp.617-626
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    • 2022
  • With the advent of the autonomous driving era, automobiles are being discussed as an extension of the media. The growth of the in-vehicle infotainment(IVI) system can provide various benefits and values to the driver and passengers. Although the development and research of related technologies is being carried out, there has been no research that specifically identified users' valuation on the main attributes of IVI systems. This study uses conjoint analysis to investigate key attributes and users' preferences. The results indicate that the most important attribute for IVI system is provider, followed by system operation type, main service and content type. For each attribute, consumers prefer a detachable infotainment system provided by a telecommunication company, and prefer to use information-oriented services and content that they have previously consumed. This paper provides practical implications, especially in terms of convergence, that operators can refer to in IVI development.

Measuring the Economic Value of a Self Archiving and Journal Repository System for Open Access (오픈액세스를 위한 리포지터리 시스템에 대한 수요 분석과 경제적 가치 측정)

  • Kwon, Nahyun;Pyo, Soon Hee
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.33 no.3
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    • pp.179-203
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    • 2022
  • This study purposed to measure the economic value of repository services of the National Open Access Platform (AccessON), namely Self Archiving and Journal Repository. The value of Self Archiving was measured by applying time-saving value and the value of Journal Repositories by applying market analogy. Based on existing statistics, in-depth interviews with service beneficiaries and stakeholders, and a survey administered to 1,313 researchers, the value of Self Archiving was estimated to be 145 million won and an additional 12 million won with the OA legalization. The value of Journal Repositories was estimated to be 31.2 billion won. The total value of the repository services was 31.35 billion won over the 8-year business period. This result presented an estimated economic value of a national OA repository from the key beneficiaries' perspectives.

Infrastructure Asset Management Methodology Application to Bridge Management (사회기반시설물 자산관리의 교량구조물 적용방안에 관한 연구)

  • Park, Kyung-Hoon;Sun, Jong-Wan;Park, Cheol-Woo;Lee, Min-Jae
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.29 no.6D
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    • pp.727-736
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    • 2009
  • Many of the researchers have tried to enhance the satisfaction of both users and owners of social infrastructures by applying the asset management methodology. This study is to develop more efficient asset management framework for bridge management. Based on various literature review, an asset management procedure for bridge management was suggested, and appropriate practices at each step were given. The suggested procedures include the determination of operation and maintenance strategy, level of service, performance measure, valuation of assets, and decision-makings. In addition, this study suggests an applicable decision-making process for the resource distribution based on the management strategy.

Research on valuation of ecosystem services for water quality improvement using unmanned aerial vehicles -Focusing on Purchased land in Gwangdong-ri area, Gwangju city(Gyeonggi)- (무인항공기를 활용한 수질개선 생태계서비스 가치 평가 방안 연구 - 경기도 광주시 광동리 일원 매수토지를 중심으로 -)

  • Mun, Dong-Choel;Kil, Sung-Ho
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.27 no.1
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    • pp.1-16
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    • 2024
  • The riparian area plays a crucial role in maintaining the balance between the aquatic and terrestrial ecosystems. The Korean government has recognized the importance of protecting riparian areas and has taken steps to purchase land and create ecobelt to reduce non-point source pollutants(NSPs) that can negatively impact water quality. However, selecting the catchment area and calculating the pollution load can be challenging due to the small area of the purchased land and the limitations of low-resolution DEMs. To address these challenges, this study proposes the use of unmanned aerial vehicles(UAVs) to create a high-resolution DEM and calculate the pollution load through land cover analysis. This approach can provide a more accurate representation of the land use status and help to identify areas that are contributing to NSPs. The quantitative comparison of the difference in water quality improvement ecosystem services according to the scenarios of additional catchment areas shows that even land purchased for the same amount of money may have different ecosystem service values, and this was quantitatively calculated. This can be used to prioritize future land acquisition. Overall, this study's approach could provide valuable insights into the effectiveness of ecobelt in reducing NSPs and inform future efforts to protect riparian areas in Korea and beyond.

Valuation of ecosystem services in the organic carbon of the Pinus densiflora forest at Mt. Namsan, Seoul Metropolitan City

  • Lee, Eung-Pill;Lee, Soo-In;Jeong, Heon-Mo;Han, Young-Sub;Lee, Seung-Yeon;Park, Jae-Hoon;Jang, Rae-Ha;Hong, Youg-Sik;Jung, Young-Ho;Kim, Eui-Joo;Lee, Sang-Hun;You, Young-Han
    • Journal of Ecology and Environment
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    • v.43 no.4
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    • pp.341-351
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    • 2019
  • Background: Standing biomass, litter production, rate of litter decomposition, amount of litter on forest floor, and amount of soil organic carbon distribution were investigated from March 2016 to November 2018 in order to evaluate the ecosystem value through organic carbon distribution in the Pinus densiflora forest at Namsan, Seoul Metropolitan City. Results: The amount of organic carbon in the Pinus densiflora forest was 261.09 ton C ha-1 during the research period, and fixed organic carbon in plant through net photosynthesis was 3.2 ton C ha-1 year-1. The organic carbon in plant was 62.77 ton C ha-1 (24.04%), in litter on the forest floor was 3.65 ton C ha-1 (1.40%), and in soil was 194.67 ton C ha-1 (74.56%). The value of plant, litter on forest floor, and soil organic carbon distribution were each 6,277,000 won ha-1, 365, 000 won ha-1, and 19,467,000 won ha-1. The value per ton of fixed organic carbon in plant through net photosynthesis was 320,000 won ha-1 year-1 and the value of ecosystem services stored in carbon in the Namsan forest ecosystem was about 26.1 million won ha-1 for 3 years. Conclusions: The results of this study suggest that the pine forests of Namsan rapidly decompose leaves due to the high atmospheric temperature and accumulate a large amount of organic carbon in the soil to provide climate control regulatory service function.