IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v62y2016icp710-722.html
   My bibliography  Save this article

Strategy on sustainable infrastructure asset management: Focus on Korea׳s future policy directivity

Author

Listed:
  • Park, Sanghoon
  • Park, Sang I.
  • Lee, Sang-Ho

Abstract

The management of infrastructure in Korea has been restricted to simple history management and manual post-maintenance activities after construction. Thus, there has been a lack of an optimum managerial and economic approaches, such as the minimization of the total cost of assets from a life-cycle perspective. Moreover, as Korea׳s National Accounting Standards obligate the reporting of national asset assessment to the National Assembly every year in order to improve management performance measurement of public institutions and transparency of government accounting, the importance of asset management in infrastructures is expected to become increasingly pronounced. Therefore, this study examined the current institutional status on sustainable infrastructure asset management in Korea and focused on the country׳s future policy directivity regarding this subject.

Suggested Citation

  • Park, Sanghoon & Park, Sang I. & Lee, Sang-Ho, 2016. "Strategy on sustainable infrastructure asset management: Focus on Korea׳s future policy directivity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 710-722.
    • Handle: RePEc:eee:rensus:v:62:y:2016:i:c:p:710-722
    DOI: 10.1016/j.rser.2016.04.073
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S136403211630106X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2016.04.073?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Almeida, N. & Trindade, M. & Komljenovic, D. & Finger, M., 2022. "A conceptual construct on value for infrastructure asset management," Utilities Policy, Elsevier, vol. 75(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:62:y:2016:i:c:p:710-722. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.