• Journal of the Korean Society of Clothing and Textiles
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• v.39 no.5
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• pp.755-764
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• 2015

This study investigates if the relationships between hemline and macro-economic factors (rGDP, recession, and unemployment) are still applicable as well as analyzes time lags that reflect economic factors on the hemline index using U.S. data. The hemline theory and fashion cyclical theory were applied to propose the relationships studied. The data for the hemline measurements of women's day-wear were obtained from US Vogue spring and fall editions from 1950 to 2014. Data were standardized by dividing the length from shoulder to hemline by the length from the shoulder to ankle. I aggregated 2260 samples and hemline data to create a yearly average. This study used OLS of Stata 13 program to explore the relationship between macro-economic factors and hemline. The main findings were the recession and unemployment influenced hemline length for four years in a positive direction. Furthermore, the effects of previous recession and unemployment on the current hemline were very close to the significant level respectively. This finding supports the hemline theory in that a recessionary economy is related to longer hemlines and hemlines become shorter in flourishing economic periods.

• Vending industry
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• v.5 no.3 s.15
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• pp.60-61
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• 2005

작년 국내 증명서자동발급기 시장은 대외적으로 경기침체가 가중되었음에도 불구하고 큰 폭의 성장세를 나타냈다. 우리 협회의 2004년 산업 통계에 따르면 총 보급수량이 459대에 배출이 77억여원대에 이른다. 유관성이 큰 분야인 티켓발매기 시장이 부진을 면치 못하고 있는 데 비해 증명서자동발급기 시장은 매년 꾸준한 성장을 해오고 있는 것이다. 이런 탓에 전국의 관공소나 병원, 학교 등지에서 증명서자동발급기를 만나는 것은 더 이상 낯선 일이 아니다. 시장이 이렇게 큰 성장을 보이게 된 데는 아이디씨텍社의 역할이 결정적이었다. 이 회사는 지난 1997년부터 증명서자동발급기를 설치 보급하며 독보적인 시장 경쟁력을 구축해 왔다. 이 시장의 절대강자로의 아성을 공고히 하고 있는 아이디씨텍의 사업 현황을 살펴봤다.

• Information and Communications Magazine
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• v.31 no.8
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• pp.16-23
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• 2014

U-City 공간계획 및 설계기술개발연구는 그 동안 서비스와 정보통신기술(ICTs)을 중심으로 다루어졌던 U-City추진의 한계를 극복하고 도시공간에 기반한 U-City 구축과 실증을 통해 저비용 고효율의 미래 도시공간을 구현하고, 기존 도시의 문제 해결과 도시의 효율적 운영관리의 필요성 등에 따라 공간적 측면에서의 U-City 구축을 통해 국내 대표의 건설브랜드인 U-City선도화와 종주국으로서의 위상을 강화하기 위한 U-City 창조공간 계획 및 설계 기법을 연구하고자 한다. 본 연구를 위해서는 국내외 관련 문헌조사, 사례조사를 중심으로 연구를 진행하고 있으며, 도시 공간단위별로Prototype을 구축하고 실제 사례도시(Test Bed)를 선정하여 연구결과를 적용해 보고 효과를 검증하는 방법으로 연구 내용의 내실화를 기하고 있다. 본 연구개발사업을 통해서 도출된 결과물을 통해서는 도시민이 체감할 수 있는 U-City 구현을 통해 시민이 체감할 수 있는 U-City 보급과 확산으로 국내 고유의 대표건설브랜드로서 U-City의 대내외적 경쟁력을 확보하고, 침체된 건설경기 활성화 등에 기여할 수 있을 것이라 판단된다.

• Korean Journal of Construction Engineering and Management
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• v.11 no.2
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• pp.54-63
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• 2010

Domestic construction companies suffer from the difficulty in financing in the wake of economic slump at home and abroad. In the periods of this economic slump, which hit the nation REITs, the facilitator of fluid financing and the stimulating of construction economic, has increasingly been expanded since its introduction in 2001. But, REITs relatively falls behinds any other nations, in terms of its growth speed and marketing volume. The purpose of this research thesis is to suggest the method for composing a portfolio using Markowitz portfolio selection models for stimulating REITs. Main contents are as follows. First, the thesis made the comparative analysis on profit increase in REITs investment in application of models by Markowitz and REITs derivatives from 2007/07/03 to 2008/07/21 during investment analysis periods. The result showed that total profits by Markowitz model amounted to about 10 percent higher than average profits of REITs derivatives. Second, this thesis made the analysis on sensitivity of data-gathering and portfolio change periods of the existing profits, in order to measure the both periods and yield optimum profits. The six month data-collecting periods of profits accounted for some 16% higher profits than profits of REITs derivatives. In case when the two week periods of portfolio change accounted for some 11% higher profits than profits of REITs derivatives.

• Journal of Navigation and Port Research
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• v.46 no.4
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• pp.375-384
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• 2022

The shipping industry is cyclically impacted by complex variables such as various economic indicators, social events, and supply and demand. The purpose of this study was to analyze the operating profit of 13 Korean liner companies over 30 years, including the financial crisis of the late 1990s, the global financial crisis of the late 2000s, and the COVID-19 global pandemic. This study was conducted to also identify factors that impacted the profit ratio of Korea's liner shipping companies according to economic conditions. It was divided into ocean-going and short-sea shipping, reflecting the characteristics of liner shipping companies, and was analyzed by hierarchical multiple regression analysis. The time series data are based on the Korean International Financial Reporting Standards (K-IFRS) and comprise seaborne trade volume, fleet evolution, and macroeconomic indicators. The outliers representing the economic downturn due to social events were separately analyzed. As a result of the analysis, the China Container Freight Index (CCFI) positively impacted ocean-going as well as short-sea liner shipping companies. However, the Korean container shipping volume only impacted ocean-going liners positively. Additionally, world and Korea's GDP, world seaborne trade volume, and fuel price are factored in the operating profit of short sea liner shipping. Also, the GDP growth rate of China, exchange rate, and interest rate did not significantly impact both groups. Notably, the operating profitability of Korea's liner shipping shows an exceptionally high rate during the recessions of 1998 and 2020. It is paradoxical, and not correlated with the classical economic indicators. Unlike other studies, this paper focused on the operating profit before financial expenses, considering the complexity as well as difficulty in forecasting the shipping cycle, and rendered conclusions using relatively long-term empirical analysis, including three economic shocks.

• Journal of the Korea Institute of Building Construction
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• v.10 no.5
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• pp.1-10
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• 2010

As the local economy has become stagnant, various policies have been made to revitalize the enormous construction industry. However, it is difficult for these policies to achieve their objective, as the construction industry is not an island unto itself but is interconnected in complex ways with diverse other areas of the economy. Interviews and surveys were conducted with experts in Busan, in order to identify the causes of the stagnant economy in the local construction market. The main findings were as follows. First, cost reduction and realistic master plans are needed as a solution for the problems of the redevelopment housing plan. Second, the alleviation of the construction policy is also necessary in order to overcome the problems of not considering the local construction industry. Finally, vocational training and quality education are needed to address the low awareness of construction feasibility analysis and the lack of highly trained human resources. The results of the study will help efforts to revitalize the local construction industry, and will provide an opportunity to reconsider the differences between the experts on issues of the industry.

• Current Industrial and Technological Trends in Aerospace
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• v.7 no.1
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• pp.11-19
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• 2009

Though the regional airlines have grown consistently with world's economic recovery after 2001, now the future of them is uncertain from the current economic depression since 2007. In the regional aircraft industry, there have been two main trends that larger airplanes and regional jets inroad the market. But, the situational change including radical rise of oil price and worldwide recession induces the managerial damage of airlines and it makes them doubt about the regional jet which has been the main stream of regional aircraft after the success of the ERJ-145 in 1990s. Still, most of being developed or planed regional aircrafts choose turbo fan, the future demands of turboprop increase and it becomes a good alternative of future regional aircraft in many market forecasts. Thus in this paper, current situation and tendency of regional aircraft market are investigated with various market forecast reports.

• 프린팅코리아
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• v.13 no.9
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• pp.67-77
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• 2014

201년부터 2014년까지 최근 5년간 상반기 인쇄물 수출액은 2010년 2억4055만 달러, 2011년 1억4015만 달러, 2012년 1억2437만 달러, 2013년 1억1992만 달러, 2014년 1억1240만 달러였다. 2010년 상반기 2억 달러를 넘어섰던 인쇄물 수출은 2011년 -41.7%, 2012년 -11.2%, 2013년 -3.5%, 2014년 -6.2%를 보이며 4년 연속 마이너스 성장했다. 태국 한 나라에 수출한 인쇄물만 1억 3689만 달러에 달했던 2010년 상반기는 전년동기 대비 102.4% 증가라는 놀라운 기록을 세운 바 있다. 하지만 다음해부터 태국 정부의 수입제한조치로 태국으로의 수출길은 뚝 끊겼다. 2011년 3월 발생한 동일본 대지진에 따른 대체수요로 일본 수출이 큰 폭으로 증가했지만 2011년 상반기 인쇄물 수출은 2010년 대비 41.7% 급감했다. 수출 특수는 재현되지 않는 가운데, 계속된 수출 감소로 이제는 상반기 인쇄물 수출 1억 달러를 지킬 수 있느냐도 관건이 되고 있을 정도다. 아울러 상반기 초라한 수출 성적표를 하반기에 어떻게 끌어 올리느냐가 숙제가 되고 있다. 지난 2013년 상반기 수출실적(-3.5%)은 좋지 않았지만, 정부와 인협 등 인쇄관련 단체의 적극적인 인쇄사 수출지원 프로그램으로 계속된 세계 경기침체에도 불구하고 하반기 수출실적이 크게 호전돼 3년만에 최대 수출액인 2억9천만 달러를 기록한 선례가 있기 때문이다.

• Current Industrial and Technological Trends in Aerospace
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• v.9 no.1
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• pp.15-26
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• 2011

The airliners are replacing their old fleet by brand new ones while the air traffic has recovered from the great recession. And the delivery and the backlog get almost highest record still in 2010. The single aisle leads the market and it will show harder competition with more efficient challengers. The recent strong demand of new aircraft reduces MRO and lease market and it makes some worries about the bubble in civil aircraft industry. In the long time forecast, the civil aircraft industry will grow steadily with over 60,000 delivery for 20 years. and the commercial aircraft market will be about 31,000~34,000 of them. And the emerging market will lead the growth.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.1
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• pp.1-21
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• 2024

Recently, venture capital investment has been shrinking globally due to high interest rates and economic slowdown. Korea is no exception. Due to the downturn in the M&A and public markets, increasing economic uncertainty, and the aftermath of corporate bankruptcies, venture capitalists are facing many difficulties in raising funds. In the changed economic environment, the investment decision factors of venture capitalists have also changed. However, studies on VCs' investment decisions have focused on the general economic environment. This study examines how VCs' investment decision-making factors change during economic recessions and booms. To this end, we interviewed active investors who have experienced both economic recessions and booms to compare how VCs' investment decision factors change: 1) personal characteristics of founders, 2) experience of founders, 3) product/service, 4) market, 5) financial situation, 6) contract terms and 7) venture capital co-investment. The results showed that founder's personal characteristics, experience, and product/service were more important during the economic recession. Market is slightly more important during economic booms. The importance of financial situation and investment conditions increased sharply during the recession compared to the boom. Finally, venture capital co-investment did not differ significantly between recessions and booms. By understanding the investment decision-making factors of venture capitalists in the recent difficult venture investment environment, this study aims to help startups raise funds and survive in a difficult market.