• KOREAN POULTRY JOURNAL
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• v.19 no.10 s.216
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• pp.56-59
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• 1987

배합사료 가격 등락의 움직임이 심심치않게 거론되고 축협은 사료가격을 인하했다. 앞으로의 축산$\cdot$ 사료산업은 공히 막연한 수요기대 속에서의 공급기반 확대노력은 지양되어야 할 것이며, 산업의 질적$\cdot$내적인 면에서의 국제경쟁력 강화를 위한 정책적인 배려가 있어야 할 것이다.

• Environmental and Resource Economics Review
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• v.23 no.1
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• pp.43-65
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• 2014

In this paper, we test for allocative efficiency of productive inputs including electricity and measure the divergence between the actual and optimal level of electricity for the chemical products, which is a relatively highly electricity-intensive sector in Korean manufacturing industries, by estimating a shadow cost function. Supposing cost minimization subject to market prices was achieved, we derive the price elasticities of demand for each input and simulate the impact of a 10% increase in power rate on its demand and supply price by estimating jointly a cost function with an inverse supply relation. The null hypothesis of allocative efficiency of inputs is rejected over the period 1982-2006. On average, electricity is used more than optimal level by 98% per year. The demand for electricity decreases by 11.4%, and supply price, on average, falls by 0.08%, other things being equal.

• Journal of Korean Society of Transportation
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• v.18 no.1
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• pp.27-34
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• 2000

This study analyzes the price elasticities of airline Passenger demand through the 'Stated Preference' technique which uses survey data. Because the domestic airfare has been regulated by the government. it is not easy to derive Price elasticity through the usual regression analysis with aggregate data and thus a special methodology is required for elasticity estimation. Therefore, in this study we estimated the Price elasticities of domestic air passenger demand and the modal share change rates to the alternative modes with logit model and sample enumeration method, by analyzing the survey data on air Passengers' demand behavior about the mode choice between air-rail. air-bus, and air-car. As the results, the estimated price elasticities are in the range of -0.6~-0.9, and rail is mainly chosen as an alternative mode. bus is chosen Partly, and car is barely used.

• Environmental and Resource Economics Review
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• v.14 no.2
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• pp.475-491
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• 2005

This study reviews various problems associated with the method of estimating the demand for industrial water that was employed in the Water Vision 2020 and it suggests an alternative econometric method. Comparing with the data cited in the Report on Industrial Census, estimates obtained by employing the concept of demand function are more exact compared to those offered by the Water Vision 2020. The amount of industrial water in 1998 was estimated at 2.8 billion tons decreasing by 2003. By employing the concept of demand function, this study shows that the amount of industrial water was 2.1 billion tons in 2003 while according to the Water Vision 2020 it amounted to 3.3 billion tons in 2001. Thus, it appears that the amount of industrial water in the Water Vision 2020 has been overestimated. This study also shows that the industrial water demand can be controlled by means of certain pricing policies. Finally, we argue that the demand for industrial water should be estimated by taking account of economic variables such as water price and output.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.9
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• pp.5843-5849
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• 2015

This study analyzes the factor demand structure of sweet persimmon as a part of finding out cost cutting measures. Income and cost data from 2001~2013 Agricultural Income Survey are used for placing the translog cost function and estimating price elasticies and cross elasticities of labor, capital and intermediate input. The result shows that own price elasticities of all factors are small in absolute terms. Additionally the result indicates capital and intermediate input cannot be a substitution for labor, which is a top-line cost-share. It means that the demand for labor cconstitutionally can't be reduced in a short time. This implies that cost reduction should be done focusing on intermediate input, particularly on fertilizer and materials which have higher price elasticity of demand.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2022.10a
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• pp.370-372
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• 2022

In an on-demand economy that provides products and services immediately in response to consumer needs, consumers have a significant influence on pricing. In the travel-related fields, service providers are also making great efforts to reflect the needs of consumers and provide better services. In this paper, unlike many travel-related service platforms where sellers unilaterally determine prices, we propose a reverse auction-based service platform method in which consumers propose travel-related services and prices. The proposed matching service platform is expected to be able to provide two-way services differentiated from existing standardized travel-related services by analyzing the needs of various consumers and reflecting the collected response data.

• Journal of Korean Society of Transportation
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• v.30 no.2
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• pp.7-20
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• 2012

The objective of this paper is to construct pseudo-panel data set and estimate price and income elasticities of car travel demand, using 1995-2007 household income and expenditure survey data, in order to provide quantitative information for analyzing related policy effects in the transport sector. We categorized household survey data into 14 cohorts based on the birth year of the household head. As the result, a total of 133 pseudo-panel data sets was created for estimating price and income elasticities of car travel demand. Especially, price and income elasticities of car travel demand were separately estimated both short-term and long-term. We analyzed the panel model considering fixed effect within cohorts, using explanatory variables such as previous year's fuel consumption, real household income after tax, education level of the household head, the number of children under five, and the share of household type averaged by cohorts. As results, the short-term and long-term price elasticities of car travel demand were calculated as 0.2974-0.4280 and 0.4087-0.6275, respectively. Similarly, the short-term and long-term income elasticities were calculated as 0.3364-0.6281 and 0.7098, respectively.

• Korea Petroleum Association Journal
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• no.7 s.207
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• pp.4-7
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• 1998

에너지 소비를 줄이기 위해서 세금을 올리자고 한다. 세금이 오르면 가격이 오르고 높은 가격은 소비를 위축시킨다. 하지만 세금으로 수요를 조절하려는 방안은 아주 위험 할 수도 있다.

• Proceedings of the KIEE Conference
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• 2008.07a
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• pp.554-555
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• 2008

2001년 전력산업에 경쟁을 도입하면서 추진된 변동비반영 발전경쟁시장을 지난 7년간 운영하면서 개설초기부터 관심을 보이던 전력가격은 상당히 안정적인 모습을 보여왔다. 그러나 개설초기에 대부분의 사람들이 수요가 급등하는 하절기에 전력가격이 최고치를 기록할 것으로 예상해온 것과는 달리 하절기에는 오히려 가격이 하락하는 현상을 보여져왔다. 본 논문에서는 이러한 현상이 시장가격은 수요뿐이 아닌 예비율과 관련을 갖기 때문임을 통계적 방법을 이용하여 검증해보았다. 또한 시장참여발전기 중 특히 기저발전기가 미치는 영향을 조사였다.

• Review of Culture and Economy
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• v.17 no.2
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• pp.3-28
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• 2014

The characteristics of performing arts differ from those of utilitarian goods in terms of economics. Factors other than price need to be considered to understand the demand for performing arts. Audience surveys as well as econometric demand studies have confirmed that socio-economic factors such as age, income, employment, and education are major determinants of the demand for performing arts. This study focused on the attributes of concerts rather than consumer characteristics to determine the concerts audiences select in terms of transaction cost. Genre, price, internet search trends, and the purpose of performance as well as price are tested as determinants of demand by using the data set for a major concert hall in Seoul. Genre and the specific purpose of concerts influence the demand for concerts. Internet search trends of the performer are used as indicators of popularity and information exposure, which are positively correlated with demand. This result supports the hypothesis that larger audiences would attend concerts that require lower information search costs. To note, price has a positive effect on demand in the higher price range, which means that concerts at higher prices attract larger audiences, whereas normal goods have a negative slope in the demand curve. This result can be explained by the hypothesis that consumers use price as an indicator of the quality expected of a concert. Transaction cost for selecting classical concerts thus forms an inverse-U shape curve against ticket price. These results provide some explanation of why audiences of classical music choose to attend concerts at high ticket prices while offering evidence in favor of the hypothesis that performing arts are selected in a social context.