• Journal of Wetlands Research
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• v.17 no.4
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• pp.339-347
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• 2015

Differences in characteristics of flora and environmental factors of geomorphology, hydrology, water quality and soil were investigated in the shoreline of total 35 reservoirs according to their usages of waterpower generation, agricultural water supply, residential and industrial water supply and flood control in Korea. The number of plant species, floral structure and characteristics of species traits in the shoreline of reservoirs were different according to their usage. From the results of stepwise regression analysis, the total number of vascular plant species was increased at the environment of the higher flood frequency at the median water level and the longer exposure duration of the shoreline. The results of principal coordinates analysis and cluster analysis showed that the shoreline flora was classified as the 3 types of 1) flood control and residential and industrial water supply, 2) agricultural water supply and 3) waterpower generation reservoirs. The water level fluctuation, flood frequency at the median water level, lake water quality index and exposure duration of the shoreline were selected as important environmental factors affected on the characteristics of shoreline flora. The species richness of total flora and hydrophytes, especially submerged macrophytes, were much higher in the reservoirs for the purpose of the waterpower generation in which mesotrophic water quality and stable water levels were maintained. Annual or biennial ruderals were established on the ephemeral drawdown zone of flood control, residential and industrial water supply reservoirs which have oligotrophic or mesotrophic water quality and wide range of water level fluctuation. The floating hydrophytes were differentially dominated in the littoral zones of the agricultural water supply reservoirs with a mesotrophic or eutrophic water quality and a medium water level fluctuation. In conclusion environmental factors related to water level fluctuation and water quality were different and then the floral characteristics of shoreline were distinguishable according to usage of Korean reservoirs.

• Proceedings of the KSR Conference
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• 2006.11b
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• pp.1240-1246
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• 2006

Generally, there are two types of main factors to affect output power quality of a auxiliary power supply an EMU(electric multiple unit). One is a voltage flicker by amplitude modulation of short time and air compressors. The other is repetitive motion of large capacity motor such as air compressors, HVAC unit etc. in main factors. This paper compared two kinds of fluorescent lamp, 32W (after remodeling interior) and 40W(before remodeling interior) and measured the light output varying input power(AC220V) for a flicker phenomenon related power supply of lamps in EMU. Also, we analyzed a flicker considering EMU operating time and density in order to grasp main factors of a load change to cause a voltage change. As a results of test, a 40W fluorescent lamp was more insensitive with 20.26% degree an eye recognition degree sides about changes of the input power and lower with 19.9% voltage side generating flicker compare with fluorescent lamp 32W. Also, we confirmed the fact which the fluorescent lamp flicker was generated by varying fluorescent lamp output voltage when the commercial EMU was in high driving density and at the busy time. Additionally, we confirmed the frequency band which an EMU passenger could feel sensitively blinking of a fluorescent lamp was visually $8Hz{\sim}15Hz$.

• Korean Journal of Labor Studies
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• v.19 no.1
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• pp.1-34
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• 2013

Labor share of income in Korea has fallen from 90% in 1996 to 79% in 2010. This paper explores the factors driving the movements in the labor share of income based on a panel dataset containing 19 years of data on 18 Korean manufacturing industries. The effects of technical progress, globalization and the bargaining power of labor and capital on the labor share of income are tested for the period of 1991-2009. The main empirical results are as follows. (1) Capital-aug menting technical prog ress measured by capital-labor ratio and R&D intensity has a negative effect on the labor share. (2) Market openness measured by the value of export and import as a ratio to value-added production is found to have a positive impact. (3) Globalization of production measured by inward-FDI and outward-FDI as a ratio to total domestic fixed capital is found to have a negative impact on the labor share. (4) Union density is found to have had a statistically significant effect in 1991-1998. This finding is consistent with the efficient bargain model in which firms and workers bargain over both wages and employment. But union density is insignificant in 2000-2009. This implies that since the financial crisis in 1997, the bargaining institution in Korea has been approaching the right-to-manage model in which firms and unions bargain over wages and then firms set employment unilaterally. (5) Variables for domestic financialization measured by dividend-income ratio and financial-fixed assets ratio have an insignificant effect on labor share.

• The Korean Journal of Financial Management
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• v.25 no.1
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• pp.109-140
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• 2008

The primary objective of this paper investigates whether asymmetric volatility phenomenon is caused by differences of opinion among investors and analyses information availability has an effect on asymmetric volatility. The empirical test period covers recent 6 years from January 4, 2000 to December 29, 2005. Five portfolios have been formed according to information availability(volume and market value). For the purpose of this study, We use TGARCH model, TGARCH-M model and adjusted model which include trading volume as a proxy differences of opinion among investors. The results are summarized as follows ; First, adjusted model analysis shows that asymmetric volatility phenomenon is disappeared or asymmetric coefficient and ratio is decreased than basis model. Second, portfolio analysis shows that the higher volume and market value, the more prominent asymmetric volatility phenomenon. And adjusted model analysis shows the higher volume and market value, the more decrease asymmetric ratio. Over all, assertion that differences of opinion among investors has caused asymmetric volatility phenomenon is regarded as reasonable. And, We see that information availability have great effect on asymmetric volatility phenomenon. We think that theses results can also occur opinion adjustment of optimistic investors. Namely, asymmetric volatility phenomenon can occur difference of information authenticity.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.8
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• pp.698-705
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• 2016

The purpose of this study is to analyze the impact which the plan characteristics of Residential Land Development Projects have on land price changes in the project district and to derive policy implications for the efficient promotion of these projects. For this purpose, we analyzed the promotion land price change progress of Residential Land Development Projects step-by-step. After theoretical consideration and a review of the references, 16 plan characteristics of Residential Land Development Projects affecting land price changes were selected ((1) The rate of land price change, (2) Business area, (3) Residential land ratio, (4) Commercial land ratio, (5) Semi-residential land ratio, (6) Neighborhood facilities land ratio, (7) Apartment house ratio, (8) Street ratio, (9) Park & green ratio, (10) Ratio of land for schools, (11) Site development cost for $1m^2$, (12) General residential area ratio, (13) Semi-residential area ratio, (14) Commercial area ratio, (15) Semi-Industrial area ratio, and Natural green area ratio). We used SPSS Version 20.0 to analyze the impact of the 16 selected plan characteristics on the land price changes. As a result, it was found that the land price began to rise two years (before/after?) the appointment of the district and became stabilized after the completion of the project. The plan characteristics that affect the land price changes were found to be the (2) Business area, (4) Commercial land ratio, (6) Neighborhood facilities land ratio, (8) Street ratio, (11) Site development cost for $1m^2$, and (12) General residential area ratio.

• Journal of the Korean Society of Marine Environment & Safety
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• v.19 no.6
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• pp.561-569
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• 2013

EOF analysis of tidal residual derived from 2003~2009 tide data was used to identify the spatio-temporal variability. The effect of sea surface air pressures and winds on the tidal residual was also investigated by the correlation analysis. The first mode accounting for 68 % of the total variance represented concurrent sea level rise or fall, and the second mode accounting for 21 % of the total variance explained alternative sea level rise and fall between West Sea coast and both South Sea and East Sea coasts. While northerly and southerly winds dominated the tidal residual in the eastern coast of Yellow Sea, the effect of sea surface air pressures on the tidal residual increased along the coastal regions from South Sea to East Sea.

• Journal of the Korean Institute of Intelligent Systems
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• v.15 no.2
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• pp.179-184
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• 2005

An accurate evaluation of a production capacity is an important role for production planning in manufacturing industry. The study has been partly done about the fluctuation in the conventional study of the production capacity, but the study of the subordination has been hardly done. Therefore, in this paper, we will devide by the production capacity which is formed into the production subjects to evaluate objectively the differences of between the actual capacity and the designed capacity in manufacturing industry and will suggest production capacity estimation model which is considered the fluctuation and the subordination, the decreasing causes of the production capacity. The weight of fluctuation which is used for the computation of the ratio of fluctuation and the ratio of subordination and the subordination are denoted to the interval number Thus, the production capacity is denoted to the interval numbers. The efficiency of the proposed model will show through the case study.

• Journal of the Korean Geotechnical Society
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• v.24 no.8
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• pp.111-123
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• 2008

Geotechnical engineering problems are characterized by many sources of uncertainty. Some of these sources are connected to the uncertainties of soil properties involved in the analysis. In this paper, a numerical procedure for a probabilistic analysis that considers the spatial variability of soil properties is presented to study the response of spatially random soil. The approach integrates a commercial finite difference method and random field theory into the framework of a probabilistic analysis. Two-dimensional non-Gaussian random fields are generated based on a Karhunen-$Lo{\grave{e}}ve$ expansion in a fashion consistent with a specified marginal distribution function and an autocorrelation function. A Monte Carlo simulation is then used to determine the statistical response based on the random fields. A series of analyses were performed to study the effects of uncertainty due to the spatial heterogeneity on the settlement and bearing capacity of a rough strip footing. The simulations provide insight into the application of uncertainty treatment to the geotechnical problem and show the importance of the spatial variability of soil properties with regard to the outcome of a probabilistic assessment.

• Korea Trade Review
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• v.42 no.4
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• pp.49-68
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• 2017

This paper investigates the spillover effect of the U.S. Interest on Korea's interest rate as well as the role of exchange rate in the spillover effects, by utilizing a open macro model on the determinants of long-term interest rates. According to the cointegration estimation and the Impulse response function, it is found that, across both long-term and short-term, there exist the spillover effect of the U.S. Interest on Korea's interest rate. The fiscal deficit and expected exchange rate have significantly positive relationship with the Koreas's long-term interest rate. Further, foreign exchange market intervention in Korea did not have significant effect on the spillover effect. Thus, this study suggests that exchange rate flexibility would not be enough to restrain the spillover effects of the U.S. interest rate.

• Information Systems Review
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• v.19 no.4
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• pp.171-182
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• 2017

Although economic growth has been retarded since the global economic crisis over recent decades, a large number of firms consider mergers and acquisitions (M and A) as a strategy to survive in a highly competitive market. In particular, an increasing number of firms pursue M and A with IT firms in recent years. In this study, we analyze the post-merger risks measured as ROA volatility for acquiring firms when they seek to acquire an IT firm. Our analysis suggests that a firm with prior experience in M and A acquires IT firms aggressively. Moreover, a substantial number of IT firms are relatively small and unlisted when they are acquired. We also show that an acquiring firm's post-merger risk (i.e., ROA volatility) increases after its acquisition of IT firms. However, an increase in post-merger risk is alleviated when relatedness exists between an acquiring firm and target.