• Title/Summary/Keyword: 균형분석

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A Study on Regionalization in the World Crude Oil Markets Using Cointegration and Causality Analysis (공적분과 인과관계 분석을 통한 국제원유시장의 지역화 연구)

  • Kim, Jinsoo;Heo, Eunnyeong;Kim, Yeonbae
    • Environmental and Resource Economics Review
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    • v.16 no.2
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    • pp.213-237
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    • 2007
  • Discussions on regionalization of the world crude oil markets have provided important implications for the establishment of national energy policies. In particular, due to arbitrage trading, if these markets are regionalized, Korea who imports approximately 80% of the annual oil consumption from a single region may be faced with a crucial problem. Therefore, in this study, we analyzed regionalization of the world crude oil markets using causality analysis as well as cointegration method to consider temporal relationship and time lags. To analyze regionalization, we chose Dubai price for the Middle East market, Brent for the European, WTI for the U.S., and Tapis for the East Asian. For the case that long-run equilibrium existed between market prices, we used vector error correction model to analyze causal relationship, and for the case that equilibrium did not exist, we used Hsiao (1981)'s framework that can consider asymmetric time lags in the model for causality analysis. By the results of cointegration analysis, there did not exist long-run equilibrium among Dubai price and the other prices. However, we found the causal relationship among Dubai price and the other prices with one to four weeks time lags. Therefore, in effect, we could conclude that the world crude oil markets are unified supporting Adelman (1984)'s hypothesis.

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Analysis of Changes in Urban Spatial Structure for Balanced Urban Development (도시균형발전을 위한 도시공간구조 변화 진단)

  • KIM, Ho-Yong
    • Journal of the Korean Association of Geographic Information Studies
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    • v.24 no.2
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    • pp.40-51
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    • 2021
  • The purpose of this study is to diagnose urban spatial structures using spatial modeling techniques for balanced urban development as part of sustainable urban growth management. Since urban spatial structure is an interaction of various activities, it is necessary to interpret the analysis results in conjunction with the analysis of changes in spatial structural elements. In this study, population and transportation were approached for research purposes. Population data were applied to the Getis-Ord Gi* method, a spatial statistical technique, to analyze the concentration-decreasing region of the population. Traffic data analyzed the trend of centrality change by applying commuting traffic O-D data to Social Network Analysis techniques. The analysis showed that urban imbalance was growing, and the centrality of transportation was changing. The results of the analysis of spatial structure elements could be interpreted by linking the results of each factor to each neighborhood unit, predicting changes in urban spatial structure and suggesting directions for sustainable urban growth management.These results could also be used as a decision-making tool for various urban growth management policies introduced to cope with rapid urban development and uncontrollable development in many cities around the world.

An Alternative Approach for Setting Equilibrium Prices of Sericultural Products (잠사류의 균형 가격모색)

  • 이질현
    • Journal of Sericultural and Entomological Science
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    • no.12
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    • pp.47-50
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    • 1970
  • There are many factors affecting the development of sericultural industry in Korea. The setting of a rational pricing system for sericultural products is one of important activities of the Korean Government to improve the incentives to producers. The determination o: the prices for many years were based on the production costs including a certain level of profits. Some of cost items are in conflict both in cocoon producers and silk-reeling industries. Government officials have to evaluate these conflicting problems and estimate the consequences of their decisions. In this situation the final decision often became political decisions. This analysis is aimed at providing an alternative method of setting the prices of sericultural products. The criteria of the equilibrium employed in this analysis are based on economic principle which equilibrium condition is determined by the relationships between the marginal productivity of input factors and factor prices. In order to obtain the related information Cobb-Douglas'functions were fitted using KIST computer and data were obtained mostly from the Bank of Korea and the Ministry of Agriculture and Forestru, An important assumption is that "Opportunity Costs" of factors input in both cocoon production and silk-Peeling industries are same, The major finding s obtained are as followings. 1) The sum of coefficient of production elastisity in silk-reeling industries is greater than one. Silk-reeling industries are operating under the situation of increasing return to scale and it is, therefore, expected to develop the industries as the capital-intensive large scale. 2) The cocoon producing farmers are under the situations of the decreasing return to scale and it is expected to continue their cocoon farming as the labor-intensive small scale, assuming the present level of production technology. As the development of commercial farming, the resources input in cocoon production will be shifted to the production for higher profitable crops, 3) The price elastisity of production is higher in cocoon production than in silk-reeling industries. It is expected that the price changing effects on domestic production will be resulted from cocoon producers. 4) Based on analysis results of marginal productivities and the opportunity costs of resources, cocoon price for meeting equilibrium price condition is to be increased by 8-16 percent or standard price level of silk increased by 6-8 percent. There were the possibilities of over evaluation on opportunity cost of resources input in silk-reeling industries, or income transfered from the farmers to the industries. It is recommended that the prices for meeting equilibrium price conditions are to be determined by 72 percent for cocoon and 28 percent for silk-reeling costs, based on standard level of the exporting prices.

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Effect of Organizational Support Perception on Intrinsic Job Motivation : Verification of the Causal Effects of Work-Family Conflict and Work-Family Balance (조직지원인식이 내재적 직무동기에 미치는 영향 : 일-가정 갈등 및 일-가정 균형의 인과관계 효과 검증)

  • Yoo, Joon-soo;Kang, Chang-wan
    • Journal of Venture Innovation
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    • v.6 no.1
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    • pp.181-198
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    • 2023
  • This study aims to analyze the influence of organizational support perception of workers in medical institutions on intrinsic job motivation, and to check whether there is significance in the mediating effect of work-family conflict and work-family balance factors in this process. The results of empirical analysis through the questionnaire are as follows. First, it was confirmed that organizational support recognition had a significant positive effect on work-family balance as well as intrinsic job motivation, and work-family balance had a significant positive effect on intrinsic job motivation. Second, it was confirmed that organizational support recognition had a significant negative effect on work-family conflict, but work-family conflict had no significant influence on intrinsic job motivation. Third, in order to reduce job stress for medical institution workers, it is necessary to reduce job intensity, assign appropriate workload for ability. And in order to improve manpower operation and job efficiency, Job training and staffing in the right place are needed. Fourth, in order to improve positive organizational support perception and intrinsic job motivation, It is necessary to induce long-term service by providing support and institutional devices to increase attachment to the current job and recognize organizational problems as their own problems with various incentive systems. The limitations of this study and future research directions are as follows. First, it is believed that an expanded analysis of medical institution workers nationwide by region, gender, medical institution, academic, and income will not only provide more valuable results, but also evaluate the quality of medical services. Second, it is necessary to reflect the impact of the work-life balance support system on each employee depending on the environmental uncertainty or degree of competition in the hospital to which medical institution workers belong. Third, organizational support perception will be recognized differently depending on organizational culture and organizational type, and organizational size and work characteristics, working years, and work types, so it is necessary to reflect this. Fourth, it is necessary to analyze various new personnel management techniques such as hospital's organizational structure, job design, organizational support method, motivational approach, and personnel evaluation method in line with the recent change in the government's medical institution policy and the global business environment. It is also considered important to analyze by reflecting recent and near future medical trends.

Mixed-mode S-parameter Measurement System of Twisted Pairs (연선의 혼합 모드 산란 계수 측정 시스템)

  • Ahn, Jungsik
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.22 no.6
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    • pp.888-894
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    • 2018
  • In this paper, we proposed a mixed-mode s-parameter measurement system for measuring the performance of twisted pairs. A twisted pair is a balanced type component, its characteristics can not be directly measured using network analyzer, which is generally implemented as a unbalanced type. It is possible to convert between balanced signal and unbalanced signal by using a balun but it restricts the frequency range of the measurement system. The proposed system measures the performance of twisted pairs by measuring mixed-mode s-parameters using a 4-port vector network analyzer and a designed fixture, without using a balun. We measured the performance of a commercial Ethernet cable and compared with the results which measured by using baluns. The results showed that the proposed system is capable of measuring the performance of twisted pairs.

Green-house GAS Reduction Through the Environmental Policy Mixes Both Environmental Trading and Carbon Taxes (온실가스 감축을 위한 배출권거래제와 탄소세의 정책혼합 효과 분석)

  • Lim, Jae-Ku;Kim, Jeong-In
    • Environmental and Resource Economics Review
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    • v.12 no.2
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    • pp.245-274
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    • 2003
  • This paper analyzes the economic and environmental impacts of domestic policy to reduce greenhouse gas emissions by focusing on carbon tax, domestic emissions trading and the mixture of these policies. By utilizing a dynamic CGE model, KORTEM, this study shows that the economic cost under carbon tax is projected to be higher than that under emission trading. It is because under carbon tax scheme each emitter in economy must meet its emission target regardless of the abatement cost. On the other hand, emission trading allows emitters to reduce the marginal cost of abatement through trading of emission permits. In designing policy portfolio to address the climate change problem in Korea, therefore, this paper proposes the introduction of domestic emission trading scheme as the main domestic policy Instrument.

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Comparative Study of Causality based quantitative Economic Impact Analysis Models for Utilizing Spectrum Resource (전파자원 활용을 위한 인과 관계 기반 정량적 경제 파급 효과 분석모형 비교 연구)

  • Kim, Taehan;Kim, Tae-Suk
    • The Journal of the Korea Contents Association
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    • v.18 no.11
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    • pp.430-446
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    • 2018
  • In this paper, we conducted a comparative study on the methodology for impact analysis as the economic grounds for formulating policy and investment plan concerned with utilizing spectrum resource. In order to provide numerical results for objective comparison and selection among policy and investment planning, methods to be analyzed are focused on quantitative methodology based on mathematical models, consequently the utility and limits of econometric model, input-output analysis, computable general equilibrium and system dynamics are compared from various viewpoints including analysis cost. Besides, we compared the methodologies in the standpoint of utilizing spectrum and discussed the recent findings of mixed models combining multiple methodologies to exploit the advantages of each methodology and to offset the limit. Results of the research can be used as reference indicators to select the method that conforms to the purpose and priority of analysis verifying the efficiency of execution of policies and investment plans.

Motion Adjustment for Dynamic Balance (동적 균형을 위한 동작 변환)

  • Tak, Se-Yun;Song, O-Yeong;Go, Hyeong-Seok
    • Journal of the Korea Computer Graphics Society
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    • v.5 no.2
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    • pp.33-41
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    • 1999
  • This paper presents a new algorithm about motion adjustment for dynamic balance. It adjusts an unbalanced motion to an balanced motion while preserving the nuance of original motion. We solve dynamic balancing problem using the zero moment point (ZMP) which is often used for controlling the balance of biped robot. Our algorithm is consists of four steps. First, it fits joint angle data to spline curves for reducing noise. Second, the algorithm analyzes the ZMP trajectory so that it can detects the dynamically-unbalanced duration. Third, the algorithm project the ZMP trajectory into the supporting area if the trajectory deviates from the area. Finally, the algorithm produces the balanced motion that satisfies the new ZMP trajectory. In this step, the constrained optimization method is used so that the new motion keeps the original motion characteristics as much as possible. We make several experiments in order to prove that our algorithm is useful to add physical realism to a kinematically edited motion.

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A Hierarchical Cluster Tree Based Address Assignment Method for Large and Scalable Wireless Sensor Networks (대규모 무선 센서 네트워크를 위한 계층적 클러스터 트리 기반 분산 주소 할당 기법)

  • Park, Jong-Jun;Jeong, Hoon;Hwang, So-Young;Joo, Seong-Soon
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.34 no.12B
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    • pp.1514-1523
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    • 2009
  • It is well known that the current wireless sensor networks addressing methods do not work efficiently in networks more than a few hundred nodes. A standard protocol in ZigBee-Standard feature in ZigBee 2007 gives balanced tree based address assignment method with distributed manner. However, it was limited to cover less than hundreds of sensor nodes due to the wasteful use of available address space, because composed sensor networks usually make an unbalanced tree topology in the real deployment. In this paper, we proposed the hierarchical cluster tree based address assignment method to support large and scalable networks. This method provides unique address for each node with distributed manner and supports hierarchical cluster tree on-demand. Simulation results show that the proposed method reduces orphan nodes due to the address exhaustion and supports larger network with limited address space compared with the ZigBee distributed address assignment method defined in ZigBee-Standard feature in ZigBee 2007.

Salary Contracts of Free Agent Players Under Incomplete Information (불완비 정보하에서 자유계약선수의 연봉 계약에 관한 연구)

  • Yang, ChoongRyul;Wang, Gyu Ho
    • Journal of Labour Economics
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    • v.38 no.4
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    • pp.83-107
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    • 2015
  • Free Agent(FA) system allows a professional player to make a salary contract with the other clubs as well as the incumbent one after the player has played in one club for a fixed periods. Sometimes compared with the salary FA players performs very poorly, which leads to a debate about FA busts. We extend the model of Yang and Wang(2013) to the one with incomplete information about the productivity of the player to explain the possibility of FA busts. FA busts do not arise in the separating equilibrium where the private information is fully revealed. The FA busts do occur in the pooling equilibrium We show that the separating equilibrium does not exist. We also show that under some conditions, in particular with strong compensation rule, the unique pooling equilibrium exists.

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