• Title/Summary/Keyword: exogenous specification

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Analyzing the Market Size and the Economic Effects of the Oceans and Fisheries Industry (해양수산업의 시장규모 및 경제적 파급효과 분석)

  • Kim, Joseph;Jung, Dong-Won;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.59-70
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    • 2016
  • Establishing the strategic plans to foster the oceans and fisheries (O&F) industry as an engine for national sustainable economic growth has become an important task for developing countries as well as developed countries. The first step to do so is to identify O&F industry and analyze its economic effects. Therefore, the prime purposes of the paper are two-fold. The first is to identify O&F industry and estimate its market size using 2012 Input-Output (I-O) table published by the Bank of Korea. The second purpose is to obtain some quantitative information on production-inducing effect, value-added creation effect, and employment-inducing effect of the O&F industry. To this end, we apply an IO analysis using exogenous specification of the O&F industry. The results show that the O&F industry covers 4.1% and 3.0% of national output and gross domestic product, respectively. Moreover, we found that 1.0 won of production or investment in the O&F industry induces 1.7363 won of production and 0.4759 won of value-added in the national economy. One billion won of production or investment in the O&F industry touches off 7.5569 persons of employment. This information can be utilized in the O&F industry-related policy-making.

A Study on the Robust Compensator of An Inverted Pendulum Using $H_{\infty}$ Optimal Control Theory ($H_{\infty}$ 최적제어 이론을 이용한 도립진자의 견실한 보상기 설계에 관한 연구)

  • 김대현;정규홍;이석재;이교일
    • 제어로봇시스템학회:학술대회논문집
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    • 1991.10a
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    • pp.213-218
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    • 1991
  • A new model which contains the dynamics of the motor system and the kinematics of the timing belt system is derived for an inverted pendulum system in FAPA Lab. Generalized standard compensator configuration(SCC) which contains the variable design parameters Kl, K2, .., K5 is proposed so that any desired design specification can be achieved. The robust controller which has robust property against the influence of sensor noise, system parameter variation and model uncertainty is designed minimizing the H$_{\infty}$-norm of transfer function from exogenous input to controlled output. The method of solving the two Riccati equations in state space and determining the controller uses on iteration method where the unique stabilizing solution to two algebraic Riccati equation must be positive definite and the spectral radius of their product less than .gamma.$^{2}$. Some cases are derived by varying the design parameter for simulation on a digital computer and experimenting the H$_{\infty}$- controller on an analog computer. The design parameters of controller which satisfies the desired control specification is selected on the basis of the simulation result and experimenting. The reasonableness and validity of the simulation and the robustness of the controller is established.d.

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The National Economic Effects of Four Power Generation Sectors: Using an Industrial Linkage Analysis (발전부문별 국민경제적 파급효과 분석 - 산업연관분석을 적용하여 -)

  • Kwa, Seung-Jun;Yoo, Seung-Hoon;Han, Sang-Yong
    • Environmental and Resource Economics Review
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    • v.11 no.4
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    • pp.581-608
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    • 2002
  • The electric power industry has played an important role in dramatic economic development in Korea and the electricity has constituted a critical factor sustaining the well-being of the Korean people. This study uses input-output analysis to investigate the role of four electric power sectors (hydroelectric, fossil-fuels, nuclear and non-utility) in the Korean national economy for the period 1985~1998, focusing on four topics: the impacts of electricity supply investments, the electricity supply shortage effects, and the impacts of the rise in electricity rates, and the inter-industry linkage effect. The overall results reveal that non-utility electric sector is superior in terms of the national economy-wide effects to other three sectors throughout the period. Finally, potential uses of the results are illustrated from the perspective of policy instruments and some policy implications are discussed.

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The Economic Effects of Integrated-Energy Business : An Input-Output Analysis (집단에너지산업의 국민경제적 파급효과 분석)

  • Han, Kun-Taik;Kim, Hye-Min;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.21 no.1
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    • pp.47-54
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    • 2012
  • Korean government has initiated integrated-energy business (IEB) in Mokdong for energy conservation in 1983. Since then, IEB has been steadily expanding. This paper attempts to apply input-output(I-O) analysis to examine the economic effects of IEB. A static I-O framework is employed, focusing on three topics in its application: the impact of the investment of IEB on the production of other sectors and the inter-industry linkage effect; supply shortage effects of the IEB ; and the impact of the rise in IEB rate on prices of other products. The paper pays closer attention to IEB sector by taking the sector as exogenous and then investigating its economic impacts. The results can be widely utilized in decision-making about IEB policy.

Exogenous emulsifiers and multi-enzyme combination improves growth performance of the young broiler chickens fed low energy diets containing vegetable oil

  • Wickramasuriya, Samiru Sudharaka;Macelline, Shemil Priyan;Kim, Eunjoo;Shin, Taeg Kyun;Cho, Hyun Min;Jayasena, Dinesh D.;Heo, Jung Min
    • Animal Bioscience
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    • v.35 no.10
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    • pp.1585-1591
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    • 2022
  • Objective: The present study examined the effects of exogenous emulsifiers and multi-enzyme supplementation into a low energy density diet on growth performance, visceral organ parameters, blood metabolites, ileal morphology, and nutrient digestibility in broiler chickens from hatch to 21 days. Methods: One hundred and sixty-eight one-day-old Ross 308 broiler chickens were allocated in a completely randomized design to 24 pens and each pen was assigned to one of four dietary treatments to give six replications with seven chickens in a cage. Dietary treatments were: i) positive control with standard energy level (PC); ii) negative control with 100 kcal/kg lower energy of the standard level (NC); iii) NC diet supplemented 0.05% calcium stearoyl-2 lactylate as an emulsifier (NC+E); and iv) NC diet supplemented with both 0.05% calcium stearoyl-2 lactylate and 0.05% multi-enzyme (NC+E+M). Corn and soybean meal-based control diets containing vegetable oil were formulated to meet the Ross 308 nutrition specification. Chickens were fed ad-libitum with the treatment diets and sampling was conducted on day 21. Results: Our results revealed that emulsifier and multi-enzyme supplementation into NC diets improved (p<0.05) feed efficiency of the broiler chickens compared to the broiler chickens fed NC diets from hatch to 21 days. Supplementation of emulsifier and multi-enzyme into NC diet improved (p<0.05) nutrient digestibility of the broiler chickens. However, emulsifier and multi-enzyme supplementation into diet did not influence (p>0.05) visceral organ weight, blood metabolites, and intestinal morphology in broiler chickens fed NC diets. Conclusion: Supplementation of emulsifier and multi-enzyme in the NC diet would support improving growth performance in young broiler chickens with improved feed efficiency and increased nutrient digestibility thereby curtailing the negative impact of energy reduction in the diets.

The Economic Impacts of Marine Bio-energy Development Project (해양바이오에너지 개발사업의 경제적 파급효과)

  • Kim, Tae-Young;Jin, Se-Jun;Park, Se-Hun;Pyo, Hee-Dong
    • Journal of Energy Engineering
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    • v.22 no.2
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    • pp.184-196
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    • 2013
  • We need to develop new renewable energy that could fundamentally replace fossil fuel, since the volume of economy and industry of our time becomes uncontrollably enormous. One of the alternative is to develop energy based on marine biomass, which would meet environment and energy needs at the same time. The marine bio-energy productions is supposed to occupy 50% to 500 million TOE in bio-energy production that is based on the Korean 3rd new renewable energy technology development, utilization, supply plan until 2030. This study attempts to apply input-output analysis to investigating the economic impacts of marine bio-energy development project in the Korean national economy. More specifically, this study shows what national economy effect of production-inducing effect, value-added inducing effect, employment-inducing effect, and R&D-inducing effect are explored with demand-driven model. Furthermore, this study attempts to define and classify the marine bio-energy development project sector from I-O table. Also, this study pays particular attention to marine bio-energy development project by taking the industry as exogenous specification and then investigating its economic impacts. The Marine bio-energy development project case 223 billion won, production-inducing effect, value-added inducing effect, and employment-inducing effect are 312 billion won, 87 billion won, 1,151 persons, and 5 billion won respectively. These quantitative information can be usefully utilized in the policy-making for the industrialization of marine bio-energy development project.

The Effects of Coal Thermal Power Plant Exports on the National Economy (석탄화력발전 해외수출의 경제적 파급효과 분석)

  • Jin, Se-Jun;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.22 no.1
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    • pp.17-27
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    • 2013
  • Korean domestic electricity market is saturated through trying to find ways to overcome the limitations of the domestic electricity industry with overseas electricity markets. Korean electricity industry in the overseas market in order to pursue continuous growth, competitive and aggressive investment in overseas market is promoting. This paper attempts to apply input-output analysis to estimate the role of coal thermal power plant sector exports national economy. More specifically, this study shows what national economy effect of production-inducing effect, value-added inducing effect, and employment-inducing effect are explored with demand-driven model. After define coal thermal power plant sector what small sized of Input-Output table 168 sectors among 17 sectors, this study pays particular and close attention to coal thermal power plant sector by taking the sector as exogenous specification and then investigating economic impacts of it. This study uses coal thermal power plant exportation case of Vietnam project, production-inducing effect, value-added inducing effect, and employment-inducing effect are 2,853 billion won, 973 billion won and 14,761 persons, respectively.

The Effects of Wind Power Generation Exports on the National Economy (풍력발전 해외수출의 경제적 파급효과 분석)

  • Jin, Se-Jun;Jeong, Dong-Won;Kwon, Yong-O;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.21 no.3
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    • pp.281-291
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    • 2012
  • Recently, global economy has recovered and aspects of the renewable energy industry in the global competition is more fierce, the new growth engines of the major countries, including the United States and China, industry promotion policy as being deployed. Major advanced countries and Korea also invested a lot of money to wind power development as a part of renewable energy development and promoting the construction of wind power generation. The global wind power generation market is expected to further increase the scale to about 70 billion US dollars, thus, Korea as well as the installation of domestic wind power overseas actively considering. This study uses input-output analysis to estimate the role of wind power generation sector exports national economy. More specifically, this study shows what national economy effect of production-inducing effect, value-added inducing effect, and employment-inducing effect are explored with demand-driven moel. After define wind power generation sector what small sized of Input-Output table 168 sectors among 11 sectors, this study pays particular and close attention to wind power generation sector by taking the sector as exogenous specification and then investigating economic impacts of it. The wind power generation exportation case of overseas 100 billion won, production-inducing effect, value-added inducing effect, and employment-inducing effect are 205 billion won, 68 billion won and 1,054 persons, respectively. These quantitative information can be usefully utilized in the policy-making for the industrialization of wind power generation exports.

A Comparative Analysis on the Economic Effects of the Electricity Industry of Korea and Japan (한국과 일본 전력산업의 경제적 파급효과 비교 분석)

  • Lee, Seung-Jae;Euh, Seung Seub;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.24 no.2
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    • pp.59-71
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    • 2015
  • This study attempts to examine the economic impacts of electricity industry in Korea and Japan using an inter-industry analysis. Specifically, the study analyzes and compares electricity industry between Japan and Korea through production-inducing effect and value added inducing effect of electricity industry based on demand-driven model. Moreover, this study deals with supply shortage effect and sectoral price effect by using supply-driven model and Leontief price model, respectively. This study analyses the electricity industry through exogenous approach. The results show that electricity industry induces prodution-inducing effect of 0.5946 won in other industries in Korea and 0.5446 yen in other industries in Japan. Value-added-inducing effects are 0.1716 won in other in other industries in Korea and 0.2929 yen in other industries in Japan. Supply shortage effects of electricity industry are 1.5932 won in other industries in Korea and 1.2801 yen in other industries in Japan. And sectoral price effects are 0.2113% in Korea and 0.2196% in Japan due to the price increase of 10% of electricity industry.

The Economic Effects of the Expanding Manufacture and Utilization of Solid Refuse Fuel (SRF) Facilities in Korea : An Input-output Analysis (SRF 제조·활용 시설 확대의 경제적 파급효과 분석)

  • Cho, Yongcheol;Park, Soyeon;Yoo, Seunghoon
    • Journal of Energy Engineering
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    • v.25 no.3
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    • pp.95-103
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    • 2016
  • The government is trying to expanding the manufacture and utilization of solid refuse fuel (SRF) facilities in order to mitigate greenhouse gases reducing and eco-friendly waste-to-energy recovery. In this regard, this study attempts to look into the economic effects of expanding the manufacture and utilization of SRF facilities by applying an inter-industry analysis using a 2014 input-output table. Specifically, by applying the demand-driven model presents the results for the production-inducing effect, value-added creation effect, and employment-inducing effect. In particular, this study attempted to redefine for the SRF. In addition, it was accessed by exogenous around the manufacture and utilization of SRF sector. The results show that production-inducing effect and value-added creation effect of expanding the manufacture and utilization of SRF facilities for the investment of 1.0 won are estimated to be 1.9993 and 0.6747, respectively. The employment-inducing effect of one billion of investment in the expanding the manufacture and utilization of SRF facilities is computed to be 11.1982 persons. This information can be utilized in predicting the economic effects of the manufacture and utilization of SRF.