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Construction Economics Research

Infrastructure &

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Major Research Areas Include :

Construction industry policy and related laws and orders

Measures to improve construction industry and product structure

Construction guarantee bond

Construction bidding and contracts

Investment for infrastructure

Analysis of the effects of infrastructure invest-ment and feasibility study

Estimation of social overhead capital stock

Development of SOC investment indicators

Forecasting of construction economy

Modelling for construction industry cycles and forecast of economic trends

Trends of demand and supply of construc-tion materials

Supply structure of construction industry

Informatization of construction industry

PFI project assesment and policy research

Policy research on PFI project

PFI project Assessment

Overseas construction

Effectiveness of the opening of construction

1) Research Division

Infrastructure & Construction Economics Research Division primarily conducts research on the analy-sis and forecast of construction economy, devising measures for improving laws and regulations to enhance the competitiveness and productivity of the construction industry are also main tasks of the division. In addition, the division builds database of the construction industry to be linked to the con-struction administrative affairs.

Construction industry is one of the major industries that lead the national economy. Construction industry not only plays the role of leading business conditions in national economy, but also provides infrastructures within the regions, such as roads, waterworks and sewer system. Moreover, it con-tributes to national finances and regional employment through these construction works.

The division publishes quarterly magazine Construction Economics and has relationships with international research institutions such as the Research Institute of Construction and Economy of Japan. The division is also a member of Asian Construction Conference in which 11 Asian countries hold membership.

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market

Measures for developing overseas construc-tion markets

Collecting and analyzing related information from major trading countries

Selected Titles of Research Reports :

Reestablishing Investment Policies for Social Overhead Capital in the Period of Transi-tion(2007)

Policy Directions and Strategies for Strength-ening Competitiveness towards Revitalization of Overseas Construction(2007)

Alternatives for the Consolidation of Private Participation in Infrastructure(2007)

A Study on Collaboration Measure to Over-come the Construction Industry Polariza-tion(2007)

Prospect and Strategies for Construction Demand Structure(2006)

Regional Allocation of Transportation Infra-structure Investment and Development of Local Economy(2006)

Building the Performance Evaluation Model of SOC Budget Program(2006)

The Construction Business Cycle, Construc-tion Industry and NaConstruc-tional Economy(2005)

The Efficient Implementation Strategies for Large Public Construction Projects(2005)

Intermediate Evaluation and the Efficient Implementation Strategies for Private Partic-ipation in Infrastructure(2005)

A Study on the Quantitative Method of Immeasurable Items such as Feasibility

Analysis(2005)

Strategies to Strengthen the Role of the Con-struction Surety to Develop the ConCon-struction Economy(2004)

Analysis of the Realities of Claim in Public Works and its Policy Recommendations:

Enhancing the Institutional Capability for Claim Management(2003)

Strengthening Financing in the Construction Industry(2002)

Structural Change and Prospects in the Con-struction Industry(2001)

Research Divisions & Staff

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2) Research Staff

Sohn Kyunghwan

Senior Research Fellow. Ph.D. in Economics, Hanyang University.

Major research works include 「A Study on Baby Boomers and Their Housing Consumption Pat-terns in Korea」(2007), 「A Study on Evaluating System for the Real Estate Policies」(2006), 「A Study on Improvement of Housing Industry for Stability of National Economy」(2005), 「A Study on Policy-Base Improvements for Transparent and Efficient Real-Estate Market」(2004), 「A Comprehensive Plan for Housing Policy」(2003) and 「A Study on Structure Model of Real Estate Market」(2002). His current research focuses on the real estate market and finance. He is currently Director of the Infrastructure & Construction Eco-nomics Research Division.

Kim Jaeyoung

Senior Research Fellow. Ph.D. in Economics, Chung-Ang University.

Major research fields are the analysis of construc-tion business condiconstruc-tion and the construcconstruc-tion industry policies. Major current research works include 「A Study on Collaboration Measure to Overcome the Construction Industry Polarization

」(2007), 「A Study on the Construction Surety Bond Market」(2007), 「Scheme for Effective Exe-cution of Copulative Investment in Regional Development Project and Infrastructure Invest-ment」(2006), 「Study on Government Application System for a Supervisory Authorities on the Pub-lic Facilities」(2006), 「The Construction Business Cycle, Construction Industry and National Econo-my」(2005), 「A Strategy for Efficient

Infrastruc-ture Improvement and Maintenance」 (2003~2004), 「A Study on the Business Cycle Composite Index in the Construction Market」 (2002), 「Development of Regime Switching Con-struction Business Cycle-forecasting Model」 (2000), 「Implementation Strategies of Knowledge

& Information System of Construction Industry」

(1999) and 「Strategies on the Promotion of Com-prehensive Construction Management Systems」 (1998).

Yoo Jaeyoon

Senior Research Fellow. Ph.D. in Urban and Regional Science, Texas A&M University, USA.

「Reestablishing Investment Policies for Social Overhead Capital in the Period of Transition(I)」

(2007), 「Prospect and Strategies for Construction Demand Structure」(2006), Major research works include 「A Study on the Criteria for the Feasibili-ty Evaluation and Development Profit Estimation」(2005), 「A Study on the Intermediate Evaluation and Promoting Strategies for the Pri-vate Participation in Infrastructure」(2005), 「A Study on the Fiscal Impact Analysis of Urban Development」(2002), 「A Study on the Urban Development Cost Structure」(2001), 「A Study on the Strategies for Promoting City Cultural Indus-try」(2000), 「Urban Renewal of Inner City Areas」

(1997) and 「Financing Strategies for the Urban Development」(1997).

Yoon Hajung

Research Fellow. Ph.D. in Engineering, Kyung-won University.

His major research works have been on

trans-179KRIHS Infrastructure & Construction Economics Research

portation planning and PPI. He undertook 11 overseas research projects in 7 countries in Southeast Asia. Some of the major projects include 「Alternatives for Consolidation of Private Participation in Infrastructure」(2007), 「A Study on Travel Demand Reevaluation of the National Road 45」(2006), 「A Study on the Guideline to Forecast Travel Demand」(2004), 「Introduction of the Performance-Oriented Procurement Process for PPI Projects」(2002), 「Mid and Long-Term Plan for Private Investment in Infrastructure」

(2002) and 「A Study on Improvement of the Fea-sibility Study in Infrastructure Projects」(2000).

Kim Sungil

Research Fellow. Ph.D. in Public Administration, Seoul National University.

Major research fields are SOC investment & eval-uation and construction industrial policy, public procurement policy and administration. Recent research works include 「Policy Directions and Strategies for Strengthening Competitiveness towards Revitalization of Overseas Construction」

(2007), 「Effective Performance Management for the Balanced National Development in viewpoint of BSC」(2007), 「Building the Performance Evalu-ation Model of SOC Budget Program」(2006),

「The Efficient Implementation Strategies for Large Public Construction Projects」(2005),

「Decentralization Strategy and Direction in Pub-lic Project Procurement Sector」(2004), 「Analysis of the Realities of Claim in Public Works and its Policy Recommendations: Enhancing the Institu-tional Capability for Claim Management」(2003),

「Diversification of the Government Construction

Project Delivery System: Reshaping Institutional Arrangements and Enhancing Institutional Capacity」(2002).

Kwon Hyeockjin

Associate Research Fellow. Master in Economics, Sogang University.

Major research fields are construction Economics and industrial policy, Major research works cur-rently include 「A Study on Collaboration Mea-sure to Overcome the Construction Industry Polarization」(2007), 「A Study on the Construc-tion Surety Bond Market」(2007), 「Scheme for Effective of Copulative investment in Regional Development Project and Infrastructure Invest-ment」(2006), 「Reform Strategies of the Construc-tion Surety Body for ConstrucConstruc-tion Industry Restructuring」(2006), 「The Construction Business cycle, Construction Industry and National Econo-my」(2005), 「A Study for Performance Manage-ment and Budgeting System ImpleManage-mentation in MOCT」(2004), 「Estimation of Regional Social Overhead Capital Stock」(2003), 「Strengthening the Financing in the Construction Industry」 (2002), The Construction Industry Database Pro-ject(1999~2007).

Lee Hyungchan

Associate Research Fellow. Master in Economics, Korea University.

Major research fields are Infrastructures, Public Investment Management, construction economy.

Major project experiences include, 「A Study on the Claim Potential in Public Construction Works Using a Structural Equation Modeling Approach」

Research Divisions & Staff

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(2004. 6), 「Decentralization Strategy and Direc-tion in Public Project Procurement Sector」(2004),

「A Study for Performance Management and Building System Implementation in MOCT」

(2004), 「Analysis of the Realities of Claim in Public Works and its Policy Recommendations:

Enhancing the Institutional Capability for Claim Management」(2003), 「A Study on Directions and Improvements of Bid and Contract Policy for the Public Large Scale Construction Projects」(2003),

「The 2nd Master Plan for Korean Construction Industry Promotion」(2002).

Kim Minchul

Associate Research Fellow. Master in Economics, Sogang University.

Major research fields are construction economics modeling and policy evaluation. Recent research works include 「Policy Directions and Strategies for Strengthening Competitiveness towards Revi-talization of Overseas Construction」(2007),

「Reestablishing Investment Policies for Social Overhead Capital in the Period of Transition(I)」 (2007), 「Prospect and Strategies for Construction Demand Structure」(2006), 「Regional Allocation of Transportation Infrastructure Investment and Development of Local Economy」(2006), 「Effi-cient implementation Strategies for Large public Construction Projects」(2005), 「The Construction Business Cycle, Construction Industry and National Economy」(2005), 「A Strategy for Effi-cient Infrastructure Improvement and Mainte-nance」(2003).

Ahn Hongki

Associate Research Fellow. Ph.D in Urban Eco-nomics, Sogang University.

Major research fields are Infrastructures, Public Investment Management, construction economy.

Major project experiences include, 「Estimation of the Regional Construction Material Shortages due to the Nationwide Public Construction Plans」 (2007), 「Regional Allocation of Transportation Infrastructure Investment and Development of Local Economy」(2006), 「The Construction Busi-ness cycle, Construction Industry and National Economy」(2005), 「A Strategy for Efficient Infra-structure Improvement and Maintenance」(2004),

「The Economic Effects of SOC Investment: An Application of Macro-Econometric Model」(2001),

「The Construction of Korea Multi-regional Input-Output Model for the Analysis on the Public Investment」(2000).