• Journal of Internet Computing and Services
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• v.12 no.4
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• pp.51-59
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• 2011

The purpose of this study is to provide relevant directions of media industry regulation and policy by analyzing the relationship between market concentration and performance in global pay TV markets. The market concentration has long been regulated in the media industry under the belief that it harms market efficiency and cultural diversity. As the global media market is undergoing significant chance accelerated by the advance of technology, it is necessary to examine the feasibility of this long myth. The data are collected from global 17 pay TV markets and analyzed to see whether the highly concentrated markets by a single player result in higher price and slower service penetration. The result indicates that the price is not escalated and the penetration is not limited even in the markets where a dominant player takes high market share. It implies that more diverse factors other than the market concentration affect the market performance and that maintaining strict regulation of the market concentration is likely to have negative effect on technology innovation.

• The Journal of the Korea Contents Association
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• v.12 no.11
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• pp.368-376
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• 2012

Government has strictly regulated the concentration of the media market because the number of broadcasters was traditionally limited and they had significant influence on public. However as the media market converges with Internet's open architecture, scarcity and pervasiveness are losing their roles in justifying media regulation. This article examines market convergence and its impact on market concentration, and criticizes the current concentration regulation. The study indicates that market performance are much governed by firm's competitive actions than market structure, and that vertical integration contributes to service innovations, and that horizontal concentration makes it difficult to measure due to its even-changing market definition. Therefore, the regulation for market concentration should shift its focus from firm's market share to broadcaster's unfair acts driving market inefficiency and hurting content diversity.

• The Journal of the Korea Contents Association
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• v.20 no.1
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• pp.427-436
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• 2020

Prior literature shows that audit market concentration which is measured as the Herfindahl index is negatively associated with audit quality in Korea. This study analyzes whether characteristics of an audit committee have effect on the relation between audit market concentration and audit quality. This is because it is expected that effective audit committees restrict the tendency of dominant auditors to neglect their duties. The empirical results of this study using the sample firms having an audit committee listed in the Korea Composite Stock Price Index market for 2006-2015 are summarized as follows. First, consistent with prior research, audit quality decreases as audit market concentration increases. However, audit quality is not lowered as audit market concentration rises only when the audit committee has financial expertise among representative characteristics of an audit committee - independence, financial expertise, and activity. This research finds contributions in that it explores the effect of audit committee characteristics on audit quality in consideration of audit market concentration and utilizes the differential types of the characteristics of an audit committee at the same time.

• Vending industry
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• v.3 no.2 s.10
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• pp.46-56
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• 2004

원두커피시장의 시장 특수는 가능한가. 올 한해 자판기 산업계 최대 화두인 원두커피자판기 시장 성공여부에 대한 산업계의 관심이 집중되고 있다. 기존 로케이션 한계에 시름하는 인스턴트 커피자판기의 대안 모델로서, 또 새로운 시장 개척의 시원한 돌파구를 제시할 뉴 트랜드 상품으로서의 기대를 한몸에 받고 있다. 지난해부터 보급되기 시작한 원두커피의 자판기 시장은 일부 대형 로케이션을 위주로 본격적인 시장 가능성을 타진하고 있는 중이다. 필드에서의 소비자 반응과 운영현황은 원두커피자판기의 시장 활성화시기를 가늠해 볼 수 있는 바로미터이다. 금번 기획특집에서는 원두커피 자판기 필드 로케이션의 약동의 현장을 취재했다. 삼성광주전자 원두커피자판기를 운영하는 휘닉스벤딩서비스, 캐리어 LG 원두커피자판기를 운영하는 벤딩뱅크의 필드 로케이션 탐방을 중심으로 원두커피 자판기 시장 가능성을 집중 진단했다.

• Vending industry
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• v.1 no.4 s.4
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• pp.92-93
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• 2002

최근 2~3년간 부진을 면치 면치 못하는 슬러쉬 시장에 있어 새로운 시장 활성화의 기대를 머금게 하는 신제품이 등장했다. 이 신제품은 슬러쉬를 완전 자동화한 자동판매기 제품으로 신시장 창출 모델로서 큰 기대를 걸게 하고 있다. 그렇다면 과열 새롭게 등장한 슬러쉬자판기가 침체의 슬러쉬 시장에 있다 새로운 활력을 불러일으킬 수 있을까. 금호 집중 취재에서 그 가능성을 집중 취재해 봤다.

• The Journal of the Korea Contents Association
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• v.17 no.5
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• pp.252-261
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• 2017

This paper is aimed for providing Business Intelligence System which is in order to analysis and produce the useful industrial information such as the market penetrance and the status of competition among the enterprises in the same or similar industrial field. These industrial information were mainly analysed by the annual sales of the enterprises in the entire industry and the industrial market based on KSIC was segmented. The results obtained in the study were applied as a module in the KMAPS(KISTI Market Analysis and Prediction System) which is the demand-based Business Intelligence System. And they were verified reliability by comparing to the qualitative analyses of the specialists. It is considered that the market penetrance and competition information can be valuably used for the enterprises makes a decision to enter the new market or develop new products.

• The Optical Journal
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• s.109
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• pp.28-34
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• 2007

90년대 중반 국내 시장에 본격 보급된 이래, 폭발적인 인기를 모으며 연평균 20% 이상의 상승곡선을 그리던 디지털카메라가 올해를 기점으로 점차 주춤할 전망이다. 현재 국내 디지털카메라 시장은 220-230만대 내외로 추정되는 가운데 기존 콤팩트 디카 시장의 포화현상으로 인해 신규시장을 형성하려는 카메라 업체들간의 전략과 새롭고 다양한 기능의 카메라에 대한 사용자층의 기대확산 등이 맞물리면서 그 어느 때보다 복잡하고 다양한 시장 기류가 형성 될 것으로 보인다. 특히 디카 성능의 표준화에 따라 업체들은 소비자의 다양한 구매심리를 끌어내기 위해 자신만의 특징적인 제품개발에 집중하는가 하면 그동안 사각지대로 불렸던 여성 소비자를 겨냥하여 소형.경량화된 DSLR마케팅에 집중하는 등 경쟁이 치열할 것으로 보인다.

• KDI Journal of Economic Policy
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• v.18 no.3_4
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• pp.183-238
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• 1996

본 논문에서는 우리나라 기업집단이 갖는 현황과 특징을 여러 각도에서 살펴보았으며, 기업집단을 둘러싼 논쟁 중 중요한 쟁점인 기업집단의 생산구조 및 다변화가 기업집단의 성과에 미치는 영향에 대해 실증적인 분석을 시도하였다. 30대기업집단이 광공업부문에서 차지하는 비중은 그동안 변화가 있었지만 최근 들어 조금 높아지고 있으며, 상위기업집단과 하위기업집단간의 격차도 확대되고 있어 경제력집중 문제가 소수의 상위기업집단의 문제로 압축되는 경향이 나타나고 있다. 30대기업집단 가운데서도 상위집단은 산업규모가 크고 성장속도가 빠른 산업에 중점적으로 진출해 있는 반면, 중 하위집단은 산업규모는 크지만, 성장이 상대적으로 정체되어 있는 부문에서 높은 비중을 차지하고 있다. 30대기업집단은 다양한 산업 시장에 진출해 있어 다변화가 크게 진전되어 있으며, 개별 상품시장에서도 높은 시장지위를 차지하고 있다. 규모가 큰 시장일수록 기업집단의 참여가 많으며, 규모가 작은 시장에서는 참여 기업집단이 독점적 위치를, 규모가 큰 시장에서는 시장을 분점하고 있는 경향이 있다. 실증분석에 의하면 기업 및 기업집단의 성과에 가장 큰 영향을 미치는 것은 노동장비율, 노동의 질 등 생산측면의 요인이며, 시장력 및 시장구조, 다변화 등이 기업집단의 성과에 어떤 영향을 미치는지는 판단하기 어렵다. 기업집단의 규모와 기업집단의 성과간에는 특별한 관계가 성립하고 있지 않지만, 개별기업 수준에서는 기업규모가 클수록 성과가 높은 것으로 나타났다. 이는 기업의 대형화는 촉진시키되 기업집단 계열기업간의 연결관계를 단절하고자 하는 현재의 경제력집중 대책방향이 적절하다는 점을 시사한다. 기업공개는 기업집단의 소유분산에 기여하는 동시에, 기업의 규모확대를 촉진하는 효과가 있는 것으로 나타났는데, 이로부터 기업공개의 촉진이 경제력집중 대책의 유용한 수단일 수 있다는 결론을 도출할 수 있다.

• KDI Journal of Economic Policy
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• v.33 no.3
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• pp.33-55
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• 2011

Market concentration in the Korean banking industry has markedly increased since the financial crisis of 1997-1998 because of M&As, P&As, and consolidation of banks. With this change, there has been a growing concern over market power in the Korean banking sector. We examine the effects of market concentration on bank efficiency and competition for the period of 1992-2006. Three different indicators of bank inefficiency are used in this study, including X-inefficiency that is derived from the directional technology distance function. The level of competition is measured by both the H-statistic of the Panzar-Rosse model and the level of the net interest margin and its standard deviation. Empirical results indicate that market concentration has not improved bank efficiency through scale economies or scope economies. Instead, recent mergers, acquisitions and consolidation of banks resulted in an increase in inefficiency measured by the three different indicators: X-inefficiency, labor inefficiency and asset inefficiency. While an increase in market share of individual banks improved bank efficiency, an increase in the overall market concentration ratio resulted in lower efficiency. Our study also finds that the Korean banking sector has been monopolistically competitive throughout the sample period except for the crisis period according to the H-statistic. Although an increase in market concentration ratio has not changed the overall level of bank competition, it has a positive significant effect on the level of the average interest margin.

• Journal of Navigation and Port Research
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• v.46 no.4
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• pp.351-358
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• 2022

This study analyzed changes in the market concentration of Korean ocean-going shipping companies using shipping revenue based CR (Concentration Ratio), and HHI (Herfindahl - Hirschman Index) to examine the effects of the government's selection and concentration based the shipping reconstruction scheme. The results of this study showed that the market structure of the Korean shipping industry has changed from a competitive market to a rather concentrated market, as CR as well as HHI values have increased from 2019 to 2021. In particular, the market share of the deep-sea shipping lines has risen significantly compared to the intra-Asian short-sea shipping lines and the tramp carriers, implying that the Korean liner shipping market has become a monopoly, or highly concentrated oligopoly market. Compared to other shipping markets, the high rise in ocean freight rates (i.e. Asia-Europe America) was the leading cause of the increase in the revenues of the ocean-going shipping lines, and the increased fleet through preemptive government support has enabled them to achieve more revenues. As a result, it can be interpreted that the government's fleet expansion strategy has been more effective than expected, but it is too early to conclude if the market structure of the Korean ocean-going shipping companies has been strengthened.