• 상하수도학회지
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• 제20권4호
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• pp.527-534
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• 2006

Demand side management(DSM) is the newly raised issues in the water resources management in recent. Many of the policy tools among demand management, the most important measures might be a pricing system. Furthermore, the responses of consumers on the price for water consumption level is the key factor for policy making. Here, we estimated panel data for 167 regions and over 7 years periods in Korea. Compare to other previous studies the price elasticities were somewhat low. The estimated price elasticity was -0.05. It was because the short term estimated period may derive lower elasticities. However, it might be a recent trend after the continuous increment of water pricing and consumers not willing to decrease their residential water consumption with increasing water pricing. According to this results, water saving effect might be much smaller than we expect with pricing policy. However, It does not imply there is no price effects on water consumption and it's still meaningful as a tool of water management.

• 산경연구논집
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• 제11권10호
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• pp.39-48
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• 2020

Purpose: Management of water is a crucial issue globally and is becoming more critical due to climate change. The purpose of this study is to explore water resource management by considering price and water usage based on river basins and to suggest more efficient residential water demand management in South Korea. Research Design, data, and methodology: This study applied data of water usage and water price of 15 regions in four major river basins by considering up and downstream locations from 1997 to 2017 collected by Ministry of Environment in Korea. This study applied regression analyses, ANOVA, and 2-Way ANOVA to verify its claims. Results: The results found that effects of price on water usage showed significant in many cities. The results also showed that means of water usages differ based on location (upstream and downstream) and river basins. Conclusion: The findings provide important policy and management implications for the improvement of water resource management in terms of demand. The results also indicate that water price should be reconsidered by comparing water price levels with those of OECD countries. Furthermore, the results imply that water management in Korea needs to improve in terms of supply to cope with climate change.

• 한국수자원학회논문집
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• 제40권11호
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• pp.869-876
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• 2007

본 연구는 수자원정책의 효율성 제고를 위한 판단 자료 제공을 목적으로 업종별 공업용수의 한계생산가치 및 공업용수의 가격탄력성을 추정하였다. 두 가지 형태의 생산함수를 설정하여 추정한 공업용수의 한계가치 및 가격탄력성을 추정 결과를 보면 공업용수의 한계가치는 산업별로 차이가 있으나 공업용수의 평균 가격에 비하여 매우 큰 것으로 추정되었으며 가격탄력성 추정결과는 가격 현실화 정책 효과가 있음을 보여주고 있다.

• 자원ㆍ환경경제연구
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• 제27권4호
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• pp.639-666
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• 2018

This paper analyses the investment options of groundwater development project under water price uncertainty. The optimal investment threshold price which trigger the investment are calibrated base on monopolistic real options model. Stochastic dynamic model is set to reflect the uncertainty of water price which follows the GBM (Geometric Brownian Motion) process. Our finding from non-cooperative investment decision model is that uncertainty of water price could deter the groundwater investment by considering the existence of option values. For policy markers, it is easy to manage 'charges for utilization of groundwater' rather than 'performance guarantee ratio' when managing groundwater investment with pricing policy. And it is necessary to make comprehensive and well-designed policies considering the characteristics of regional groundwater reservoir and groundwater developers.

• 자원ㆍ환경경제연구
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• 제11권1호
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• pp.81-97
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• 2002

Unlike the existing supply-centered water policy, demand management policy of water has become an increasingly important issue in Korea. This paper attempts to analyse the demand for domestic water in Seoul. We employed Engle-Granger's error correction model(ECM) to deduced the price and income elasticities of the water demand. Particularly, we used accounted water amounts instead of supplied water amounts as representative variable of water demand. The result indicates that ECM set up is appropriate and short-run and long-run price elasticities derived by the model are -0.145 and -1.414. In contrast with other studies, we can conclude that the water demand for the water price is elastic. Besides, we can infer from this result that the water price policy with respect to a decrease of leakage ratio is more effective.

• 자원ㆍ환경경제연구
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• 제9권2호
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• pp.311-332
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• 2000

The main aim of this paper is to estimate the change in the quantity demanded of public water when the economic factors such as income and water price are changed. The privious methods to estimate the quantity of public water demanded has been usually based on the LPCD(liter per capita per day). Implicitly, this method regards the price of water as given. If the water price and income elasticities of water demand are estimated using the time-series and pooled data analysis. In the second step, the quantity demanded of public water are forecasted using the estimated elasticities. The results show that we can reduce the quantity demanded of residential water considerably when the water price is changed.

• 한국조리학회지
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• 제22권1호
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• pp.87-95
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• 2016

The purpose of current study is to develop and estimate a proposed model that explains the potential relationships among food quality, experiential value, price fairness, image, satisfaction, and behavioral intention in context of water park. In addition, the study will verify how these factors link to each other. Results show that food quality is a significant antecedent of experience value, price fairness, water park image. Also, the experiential value and water park image influence on visitors' satisfaction. Last, the satisfaction is critical predictor of behavioral intention. These findings will contribute to understand the consumers' perception about water park, and how derives the customer satisfaction and behavioral intention. In sum, present study will serve insights for industry marketers and managers in water park segment.

• 농업과학연구
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• 제44권4호
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• pp.636-641
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• 2017

Water is an essential resource for human survival. According to the OECD Environmental Outlook to 2050, rapid industrialization and a global population increase by approximately two billion will likely increase global water use by 55% in 2050. However, water depletion has been getting worse than before and has been happening more quickly, as Earth's water resources are limited. The present study proposes water management measures by using the virtual water theory which enables water consumption measurement and the confirmation and recognition of water scarcity problems, and will support the development of counter-measures. As a method for estimating the value of agricultural water, virtual water theory was used to calculate the amount of agricultural water input for domestic rice and to apply prices of agricultural water in the United States and China to Korean water prices. When the Chinese price was applied to Korean water prices, the value of agricultural water represented 0.3% of the Korean rice producer's price. When the US price was applied to Korean water prices, the value of agricultural water represented 1.6% of the domestic rice producer's price. The study exposes the percentage of the value of agricultural water in agricultural product prices, as well as how this scare resource may affect future prices. In the future, if there are water charges to effectively manage agricultural water, this study, which uses the virtual water theory, can be used as a preliminary research.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2016년도 학술발표회
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• pp.194-194
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• 2016

Gansu, located in the northwestern region, is a typical agricultural province of arid, semiarid in China. The shortage of water resources is the biggest obstacle of Gansu Province's development, and the dry farming water-saving is the eternal theme of Gansu agricultural sustainable development. In recent years, intensify reform in Gansu, has walked out a successful way in the agricultural water-saving. Using the integrated river basin governance as opportunity, the total water-using quantity was regarded as rigidity to retrain, distributed to counties (districts), irrigated areas, towns, associations, groups step by step. Agricultural water price was substantially increased, with the surface water price from about $0.1RMB/m^3$ to more than $0.2 RMB/m^3$, and the ground water from zero to more than $0.1RMB/m^3$. Simultaneously, the difference water prices and over-quota water progression price markup were carried out. The transaction of water rights was encouraged to impel the peasant to establish the consciousness of saving-water. The regulatory documents were formulated to standardize the scope, condition, mode, program etc. of agriculture water-rights transaction, to guarantees the transaction of water rights is carries out in order. The pattern of farming was optimized and adjusted, reducing the high water-consumption crop, increasing economic crops with high benefit and low water-consumption, developing industrialized agricultures such as green house. The relative engineering and measuring facility were comprehensively improved, with the anti-seepage of canal system and the enforcement of dynamo-electric well, developing high-efficient water-saving irrigation and overall metering facilities. The water fine-grained management has realized, and obvious water-saving effect has obtained: water-using rate in the irrigation area by river water has brought up to 0.57 from 0.52, and by well water up to 0.84 from 0.76. Although the water price has increased, the proportion that the water rate expenditure accounted for the cost lasts decline, and the farmers' income has gone up. The peasants express, the used water is few, and it is few to till land, but the income is many, and life is better.

• 상하수도학회지
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• 제24권1호
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• pp.25-32
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• 2010

Until now, we recognize that water supply is a public sector rather than business sector in Korea. In spite of the general recognition, water supply sector has an important role within the national economy as an industry. This study try to analyze the current status of water supply sector as a industry with input-output analysis. As we expected, water supply sector is still minor as an industry sector. However, this is not because water supply sector is not important as a industry, but because the price of water too low or free. With regard to the water price impacts, our results show that the 10% increasing water price has only increased 0.01% of the general price level, which is neglectable. To have a competitiveness as a industry, water sector should be reevaluated based on its socioeconomic value. Government policy for water supply sector should achieve two purposes; the one is for as a public service, the other is for the setting new paradigm as an industry.