Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization,...

In order to develop the proper policies for preventing climate change, it is necessary to know the public preference for preventing climate change. This study attempts to analyse public Willingness To Pay (WTP) for preventing climate change by applying a Contingent Valuation (CV) method. The...

This article attempts to analyse the determinants of firms' Research and Development (R&D) expenditures in Korea by considering the business environment after the economic crisis in 1997. In addition, to take into account zero R&D expenditure, this article employed a two-equation model unlike...