• Journal of the Korea Institute of Information Security & Cryptology
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• v.25 no.6
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• pp.1571-1582
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• 2015

This paper suggests a methodology for linking technology classification of nongovernmental information security field and technology classification of cyber-warfare in national defense field. Based on this methodology, Multi-Attribute Utility Theory(MAUT) is applied for the purpose of selecting promising nongovernmental technology that is worthy of later introduction or development. After studying the result of the survey regarding the research progression plan of the selected promising technology, the following three facts are discovered: Firstly, the greater the social spillover effect, the greater the need for the government lead R&D. Secondly, among the spillover effects, the social aspect has the highest correlation with respect to the need for the government lead R&D, while the economical aspect and the technological aspect come in the second and the third place, respectively. Finally, according to the correlation analysis, the defense application and the technological importance do not affect the subject of investment or the subject of development. This indicates that even though the R&D for technology with high social spillover effect should be lead by the government, the subject of the investment or the development cannot be determined solely by factors such as military application and technological importance.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.11
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• pp.676-682
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• 2017

The purpose of this study is to suggest the elements that need to be taken into consideration in urban planning to determine the optimal location of education and research facilities based on the knowledge-based industry in a large Korean city. In this study, we conducted an analysis and evaluation of the locational conditions and elements of education and research facilities as the important functions for regional economic revitalization and urban balance development. For this purpose, the relevant concepts and patterns of education and research facilities were reviewed as a theoretical research endeavor, and their locational conditions and elements were surveyed based on the existing research. The planning directions and some lessons for determining the location of the facilities are suggested through the analysis of the evaluation method according to the selection of the location. The results of this study are expected to act as guidelines for the optimal location selection of education and research facilities in large Korean cities in the era of the fourth industrial revolution.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.18 no.4
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• pp.88-96
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• 2004

The sag is phenomenon that magnitude of load voltage temporarily decreases because of power system fault. If a certain equipment in industrial process have any trouble result from sag, it can cause utility to be charged for enormous economics loss. Therefore it need to analyze the characteristic of sag and then mitigation method for sags in distribution system in oder to increase reliability. This paper suggests a sags mitigation method with concentrating on mitigation-device interface method, especially FCL that is Fault Current Limiter. And this effect has been done using PDCAD/EMTDC computer simulation analysis.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.22 no.4
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• pp.108-114
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• 2021

Green colored citrus is the immature fruit of the field citrus crop in Jeju, and its demand has been growing recently as it is known to contain a large amount of carotinoid, pectin, and vitamin C. It differs from the traditional varieties of blue tangerine, which are green in February and turn in yellow in March-April. This study analyzed the effects of the increased demand in green citrus on the field citrus industry. For our analysis, a partial equilibrium supply-demand model was established with a dynamic recursive structure using data from 1989-2017. Model calibration was also conducted to determine the best supply-demand model and then, the impacts of increasing demand for green immature citrus in Jeju for 2018-2030 was simulated. The simulation results show that there is no significant impact on the producing area prior to 2022, but there is a distinguishable increase of 18ha in 2023, 52ha in 2025, and 142ha in 2030. It was also predicted that revenue would increase by KRW 7.75 billion on average from 2021-2030.

• Environmental and Resource Economics Review
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• v.7 no.1
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• pp.165-183
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• 1997

생명공학은 기술의 특성상 보건 의료, 농업, 자원 환경, 에너지 등 광범위한 산업에 응용될 수 있는 고부가가치형, 두뇌기술집약형, 탈공해형, 자원 및 에너지절약형 기술이라는 특징을 지니고 있어 21세기 미래산업을 선도할 것으로 기대되고 있다. 본 연구의 목적은 생명공학기술이 1980년과 1990년 사이의 산업구조에 어떠한 변화를 초래하였는지를 알아보는 것이다. 생명공학의 산업경제적 파급효과를 분석해 보기 위해 한국은행에서 발행한 산업연관표를 이용하여 생명공학 관련산업의 지원에 따른 국내 제반산업의 생산변화율을 측정하였다. 정부의 지원이나 금리 및 세제의 혜택을 통해 생명공학 산업 관련 비용이 감소하게 되면 이에 따른 가격변화가 국내 산업발전과 고용의 증가를 갖는 것으로 믿어진다. 고정계수 아닌 변화계수를 특징으로 하는 본 모형의 접근방법은 생명공학에 대한 재정지원 및 세제 인센티브 등을 외생변수로 처리하여 산업구조 변화의 추이와 고용유발 등을 예측하였다. 본 논문의 가설은 생명공학의 영역이 점차 증대되어 나아가기 때문에 1980년의 제반산업의 영향은 1990년의 영향보다는 적어야 한다. 즉 생명공학 관련비용 하락이 전체산업에 미치는 1980년의 생산율 증가보다 1990년의 생산율 증가가 커야 할 것이다. 본 가설에 대한 검증의 과정에서 얻은 통계치를 통해 생명공학산업이 한국 산업 전체에 미치는 영향이 10년 동안에 그 차이가 거의 없어 미성숙 단계에 있다는 결론을 짓게 되었다. 따라서 생명공학 분야의 계속적인 발전을 위해서는 선진국 수준의 독자적 기술개발을 통한 국제 경쟁력을 강화해야 하는데 이를 위한 정부 및 민간기업 투자확대와 연구개발 지원체제의 확대가 요망되고 있다.

• The Korean Journal of Applied Statistics
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• v.29 no.1
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• pp.13-25
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• 2016

High-speed railway (Korea Train Express) has had a deep impact on the regional economy of Korea. Current high-speed rail research is mostly theoretical, there is a lack of quantitative research using a precise algorithm to study the effect of high-speed railway on the regional economy. This paper analyses the influence of high-speed rail on the regional economy, with a focus on the Daegu area. Quantitative analysis using department store indexes and regional medical records is performed to calculate the economic influence of high-speed rail. The result shows that high-speed railway effects the regional economy though regional consumption growth and medical care trends.

• Environmental and Resource Economics Review
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• v.33 no.1
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• pp.1-32
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• 2024

The emissions trading system stands as a pivotal climate policy in Korea, incentivizing abatement equivalent to 87% of total emissions (as of 2021). As the system likely has a far-reaching impact, it is crucial to understand how the real economic activity, energy sector, as well as environment would be influenced by its implementation. Employing a macroeconometric model, this paper is the first study analyzing the effects of the Korean emissions trading policy. It interconnects the Korean Standard Industrial Classification (Economy), Energy Balance (Energy), and National Inventory Report (Environment), enhancing its real-world explanatory power. We find that a 50% increase in emission permit price over four years results in a decrease in greenhouse gas emissions (-0.043%) and downward shifts in key macroeconomic variables, including real GDP (-0.058%), private consumption (-0.003%), and investment (-0.301%). The price increase in emission permit is deemed crucial for achieving greenhouse gas reduction targets. To mitigate transition risk associated with price shocks, revenue recycling using auction could ensure the sustainability of the economy. This study confirms the comparative advantage of expanded current transfers expenditure over corporate tax reduction, particularly from an economic growth perspective.

• Informatization Policy
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• v.26 no.2
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• pp.24-45
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• 2019

This paper analyzes the size of direct and indirect impact of the information and communication technology(ICT) producing sector to the Korean economic growth We first divide the entire economy into the ICT producing sector and the ICT using sector, and estimate the contributions to the economic growth by each sector. We also try to answer the question on what the possible causes of the ICT producing sector's contribution are to growth. In oder to find the answer, we focus on the change in the relative prices of ICT products produced in the ICT producing sector and examine the long-term relations among the relative prices of ICT products, the ratio of ICT products used in the ICT using sector as an intermediate input, and the output of the entire economy. We find that the overall economic growth has been weakened but the ICT sector's contribution to the growth has increased. Specifically, the indirect contribution of the ICT producing sector, through the ICT using sector, to economic growth was greater than the direct contribution of the ICT producing sector itself. We also find a stable, long-term negative relation between the relative prices of ICT products produced in the ICT producing sector and the ratio of ICT products as an intermediate input in the ICT using sector. In addition, the decrease in the relative prices of ICT products produced in the ICT producing sector increases the use of ICT products in the ICT using sector and the output of the entire economy. These findings can be interpreted that the price decrease in the ICT products improves the production efficiency in other sectors and helps directly and indirectly, accelerating growth of the entire economy.

• Journal of Technology Innovation
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• v.31 no.2
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• pp.59-82
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• 2023

The purpose of this research is to conduct the empirical analysis of the short- and long-term causal relationship between public R&D investment, corporate R&D investment, and university R&D investment on economic growth in Korea. To this end, based on the time series data from 1976 to 2020, a causality test was conducted through the unit root test, cointegration test, and vector error correction model (VECM). As a result, it was found that there is a long-run equilibrium relationship between economic growth in Korea, public R&D investment, corporate R&D investment, and university R&D investment, in which a causal relationship exists in the long run. Also, while public R&D investment has a short-term effect on economic growth, corporate and university R&D investment does not have a short-term effect on economic growth. In addition, the results shows that there is a bidirectional causal relationship between economic growth and public R&D investment, corporate R&D investment and public R&D investment, and university R&D investment and public R&D investment in the short term. Through this research, it was empirically found that a highly mutual relationship exists between public R&D investment, corporate R&D investment, university R&D investment and economic growth. In order to increase the ripple effect of R&D investment on economic growth in the future, R&D investment between universities and corporations should be mutually promoted, and R&D investment by corporations should have a positive effect on public R&D investment so that public R&D investment can contribute to future economic growth.

• KDI Journal of Economic Policy
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• v.26 no.2
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• pp.63-104
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• 2004

Economists have long been involved in various studies, theoretical and empirical, on the economic gains from innovative activities and as their outcome, intellectual properties. In Korea, however, research in this field has experienced rather slow progress, partly due to the lack of data availability and the awareness of its importance. This study attempts to measure the economic impact of patents on market value of firms from a microeconomic point of view. Analyses are performed to examine the ex-ante market valuation of patent acquisition activities by investigating the effect of patent acquisitions on daily stock prices as well as on annual market values. The study on the effect of a disclosure of granted patents on daily stock prices reveals that the economic value of a firm's patent acquisition is fairly high. The study on listed firms also reveals that a firm's patent registration stock has a positive and statistically significant effect on its year-end market value. Therefore, it can be concluded that the analysis performed in this study supports the validity of Korea's current patent system. The result, however, does not guarantee the optimality of current system. Studies on various aspects of intellectual property should follow to shape the system into a socially optimal one.