• International Area Studies Review
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• v.16 no.1
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• pp.147-171
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• 2012

Even though many people loosely term a period of high inflation combined with stagnation "stagflation", it has been very difficult for us to find a more detailed and theoretical definition for such a period. In addition, most economic policy makers have faced some uncertainty and difficulty in identifying stagflation periods through analyzing a lot of economic data. This paper deeply researches the literature on specific definitions of stagflation and provides an empirical method by which we can systematically identify real-time stagflation pressure. Under this method, real-time stagflation pressure can be evaluated as a complex index by using both extensive monthly economic data indicating economic conditions or inflation pressure and a logit regression model. As a result of applying this method to the first half of 2008 in Korea when there was much debate as to whether the Korean economy was experiencing a corresponding stagflation or not, this period is not now evaluated as having been a stagflation period. This paper provides some implications. Namely, we need to put more emphasis on stabilizing inflation expectations.

• Environmental and Resource Economics Review
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• v.19 no.2
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• pp.383-411
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• 2010

Climate change and related policies and regulations influence the performance of the firms in various ways. Climate change influences corporate competitiveness through physical impacts, GHG regulations, changes in asset values, demand shift, etc. Therefore, corporate competitiveness could be maintained by reducing vulnerability to climate change and adapting to new circumstances. Without effective responses to the challenges, the firms would have difficulties in maintaining their competitiveness in the market and the cost of national economy will significantly increase as well. Even though it seems fairly easy to understand the meaning of competitiveness, deriving the driving forces of and measuring changes in competitiveness are complicated and disputable processes. A common way to overcome it is to develop a 'competitiveness index'. The objective of this study is to derive the main factors influencing corporate competitiveness related to climate change and develop 'competitiveness index' reflecting those factors. The index will make contribution to enhance the response capacity of the firms to climate change and increase the effectiveness of climate change policies for the industry by providing a quantitative tool to measure the changes in corporate competitiveness related to climate change.

• Journal of Korea Port Economic Association
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• v.28 no.4
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• pp.79-98
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• 2012

There is scant of research regarding the efficiency measurement of the ship management business. This paper aims to analyze the relative efficiency within the Korean Major Ship management corporations, to select the relatively low effective companies, and to suggest the improvement strategies for those. As a research methodology, Data Envelopment Analysis (DEA) applied to the top 20 corporations among Korean and Foreign Shipping Liners in Korea. To draw out the efficiency of targeted terminals, the number of ship managed is used as an input variables while, the number of crews and the total sales are utilized as an output variables. As a result. Haeyoung Maritime services is the most efficient corporations in Foreign Shipping Liners. Among Korean Shipping Liners, Panstar Shipping, Korea Lines, STX marine and Woolim Shipping are relatively efficient corporations which are scored BCC 1.

• Journal of Information Technology Application
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• v.3 no.2
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• pp.25-48
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• 2001

This Study intends to Investigate the economic impact of information technology investment. Six countries in OECD are selected and analyzed to understand the empirical relationship between informatization level and productivity Correlation test and regression analysis are executed, using macro data concerning informatization index, total factor productivity and real output per worker hour The impact of informatization level on productivity is characterized by the time lag effect which is used to explain the productivity paradox in precedent studies. Empirical analysis shows that the higher informatization level and information intensity, the lower time lag effect. The result indicates that IT investment has characteristic as sunk cost and the economic impact is appeared after a certain period of time.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.32 no.4
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• pp.356-362
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• 1996

In order to suggest the useful information of fishing ground, a data base system on 32bit personal computer was developed and handled by using the catch data of Korean tuna long -line. This data base system was programmed using Quick Basic, and consisted of three kinds of programs, one for displaying the catch rate on the fishing ground by fishing area and year ranges, another for indicating the catch rate or number on table or graph, and the other for estimating the fishing ground in economical points, mainly targeting total tunas, yellowfin and bigeye tuna respectively. When this system was started, the map of oceans such as the Pacific, the Indian and the Atlantic, is drawn on the monitor. And then the catch rates of all species and each one are indicated by the figured symbols on the sea divisions of$5^{\circ}$ space of latitute and longitude.

• Journal of Korea Port Economic Association
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• v.22 no.3
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• pp.59-78
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• 2006

The purpose of this paper is to analyze the trend on scale efficiency of the Port of Gwangyang from 1994 to 2004 using CCR, BCC, and Malmquist index approaches. The main results are as follows. first, scale efficiency shows a 50% similar [5(94/95, 95/96, 97/98, 2001/2002, 2003/2004) out of 10] pattern to technical efficiency change. Second, total factor productivity increased at 48.57% rate of growth on average in 6 out of 10 periods except 96/97, 97/98, 99/2000, and 2000/2001. 2003/2004 period is the one period experiencing rapid total factor productivity changes, mainly due to technical progress. Third, the ranking order of accumulative indices is scale efficiency change, TFP change, efficiency change, technical change, and pure efficiency change. The main policy implication of this paper is that according to the CCR, BCC, and Malmquist results, the Port of Gwangyang should develop the plan for enhancing the 5 Malmquist indices with following the management way of benchmarking ports.

• Journal of the Economic Geographical Society of Korea
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• v.14 no.2
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• pp.143-156
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• 2011

Recently, the environmental problems become a serious social issue, there are many efforts to manage it efficiently. As one of the ways to measure the environment in quantitative index, the environmental indicators are used in decision-making process. Air Environmental Index(AEI), which is derived from the U.S. Air Quality Index(AQI), illustrates the degree of air pollution. In study as follows: to find the charateristics of administrative dongs in Seoul, correlation analysis is conducted based on the land-use patterns and daily traffic data that represent AEI and urban spatial structure of Seoul.

• The Korean Journal of Applied Statistics
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• v.29 no.2
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• pp.369-379
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• 2016

The Sigma Level, proposed by Motorola Inc., is one of the many Process Capability Index (PCI)'s that have been presented since the 1970's. It is used to evaluate process capability and unlike other PCI's, it has an advantage in that it uses population probability distribution. However, it is originally designed for mass production and is inadequate to evaluate prototypes or early products in the R&D stages. For use in such cases, we propose an R&D target Sigma Level, derived by considering 1.5 sigma shifts in traditional sigma level from a statistical point of view. We also explain the way to find robust limits for design tolerance because the sigma level or defect probability is useful to establish economical tolerance limits at the R&D stage and mass production.

• The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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• v.12 no.1
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• pp.35-42
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• 2007

Thermal discharges from the nuclear power plants into neighboring Korean coastal waters have raised serious disputable arguments from the two parties of local fishermen and scientists involved since late 1970's. To meet the social demands and provide scientific and reasonable solutions, new set of standards have been established which will guide through measuring and processing the various variables and parameters in environmental and fishery impact assessment procedures for the thermal discharge from the nuclear power plants. These are made possible for the first time by the combined efforts by Korean Oceanography Society and Fishery Society. In this paper, Thermal Disharge Impact Index(TI) is proposed by the probability of the local temperatures exceeding critically to local fishery multiplied by the weighted sum of diverse environmental and ecological factors. The TI is essentially conceived to overcome the long-exising bad practices based on the particular excess temperature such as 1. The proposed TI based on the guideline principle proposed by the UNEP(2002) is expected to be practical, economic and self-adaptive. To prove the usefulness of the TI, it is highly recommended to conduct prototype experiments and exercises in a particular nuclear power plant site in the near future.

• The Korean Journal of Financial Management
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• v.25 no.3
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• pp.131-153
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• 2008

This paper calculates the Risk Index of Korean securities industry that summarizes the information contained in seventeen financial indicators that represent risk categories such as capital adequacy(C), asset quality(A), earnings(E), and liquidity(L) by using the NBER statistical methodology. For the validation of Risk Index, expected default frequency has been used, and the result has been proved to be positive. According to the compiled Risk Index, the level of risks of Korean securities industry has been decreasing from the second quarter of 2003 to the first quarter of 2006 by 22 percent. But the risk has been increasing during the periods from the first quarter of 2002 to the first quarter of 2003 and from the first quarter of 2006 to the last quarter of 2006.