• The Journal of The Korea Institute of Intelligent Transport Systems
• /
• v.16 no.1
• /
• pp.101-116
• /
• 2017

This Study estimates the actual night traffic using the smart card data used by most of the public transportation users, and compares it with the current night bus routes by KT Telecom based on the night time call volume. In order to compare the current night bus and night trips evaluated by smart card data, we presented indicators related to the degree of matching, and estimated the volume of service currently provided. The unique approach of the study is that we chose subway station instead of bus stop for the unit of the study. Bus stops has their complexity in a way that stops with same name could belong to different administrative area depending on its direction. For this reason, we decided to use subway station and defined its adjacent administrative district as the scope of influence. Since night bus is the primary means of transportation during the late night, it is anticipated that they will be able to provide better service by calculating the actual traffic and selecting the routes.

• KDI Journal of Economic Policy
• /
• v.11 no.1
• /
• pp.31-49
• /
• 1989

본고(本稿)에서는, 최근 금융자율화(金融自律化) 금융혁신(金融革新)의 진전과 때를 같이하여, 불환지폐제도(不換紙幣制度)의 만성적 인플레문제(問題)를 해결하기 위한 방안으로 새로운 지불제도(支拂制度)를 주창하는 "신화폐경제학파(新貨幣經濟學派)"의 이론 및 그 시사점을 검토하였다. 동(同) 학파(學派)는 화폐(貨幣)의 계산단위(計算單位)와 지불수단기능(支拂手段機能)이 분리되고 계산단위(計算單位)는 실물재화(實物財貨)에 의해 측정되며, 지불수단기능(支拂手段機能)은 교환회계제도(交換會計制度)를 통해 투자기금은행계정(投資基金銀行計定)의 자동이체에 의해 수행되는 지불제도(支拂制度)를 제안하고 있는데, 투자계정(投資計定)의, 계산단위(計算單位)인 실물재화(實物財貨)로의 교환성(交換性)은 인정되지 않는다. 물가안정(物價安定)은 계산단위(計算單位)의 가치안정(價値安定)을 통해 도모되고, 지불수단(支拂手段)의 수요공급(需要供給)과 물가(物價)와의 상관관계(相關關係)는 부재한다. 화폐(貨幣)의 두 기능의 분리가능성(分離可能性)이나 동(同) 지불제도(支拂制度)의 자생력(自生力) 측면에서의 많은 비판에도 불구하고, 특히 동(同) 학파(學派)의 투자기금은행제도(投資基金銀行制度)는 사실상 시장가격(市場價格)에 의한 교환제도(交換制度)를 채택하고 있기 대문에 지불제도(支拂制度)의 안전성제고(安全性提高) 측면에서 현재의 은행제도(銀行制度)보다도 유리하다는 점 등 동(同) 학파(學派)의 긍정적 공헌에 대해서도 평가되어야 할 것이다.

• KDI Journal of Economic Policy
• /
• v.31 no.1
• /
• pp.169-206
• /
• 2009

This study stems from a question, "How should we understand the pattern of the Korean economy after the 1990s?" Among various analytic methods applicable, this study chooses a Structural Vector Autoregression (SVAR) with long-run restrictions, identifies diverse impacts that gave rise to the current status of the Korean economy, and differentiates relative contributions of those impacts. To that end, SVAR is applied to four economic models; Blanchard and Quah (1989)'s 2-variable model, its 3-variable extensions, and the two other New Keynesian type linear models modified from Stock and Watson (2002). Especially, the latter two models are devised to reflect the recent transitions in the determination of foreign exchange rate (from a fixed rate regime to a flexible rate one) as well as the monetary policy rule (from aggregate targeting to inflation targeting). When organizing the assumed results in the form of impulse response and forecasting error variance decomposition, two common denominators are found as follows. First, changes in the rate of economic growth are mainly attributable to the impact on productivity, and such trend has grown strong since the 2000s, which indicates that Korea's economic growth since the 2000s has been closely associated with its potential growth rate. Second, the magnitude or consistency of impact responses tends to have subsided since the 2000s. Given Korea's high dependence on trade, it is possible that low interest rates, low inflation, steady growth, and the economic emergence of China as a world player have helped secure capital and demand for export and import, which therefore might reduced the impact of each sector on overall economic status. Despite the fact that a diverse mixture of models and impacts has been used for analysis, always two common findings are observed in the result. Therefore, it can be concluded that the decreased rate of economic growth of Korea since 2000 appears to be on the same track as the decrease in Korea's potential growth rate. The contents of this paper are constructed as follows: The second section observes the recent trend of the economic development of Korea and related Korean articles, which might help in clearly defining the scope and analytic methodology of this study. The third section provides an analysis model to be used in this study, which is Structural VAR as mentioned above. Variables used, estimation equations, and identification conditions of impacts are explained. The fourth section reports estimation results derived by the previously introduced model, and the fifth section concludes.

• Land and Housing Review
• /
• v.12 no.4
• /
• pp.41-59
• /
• 2021

This study reviews theoretical considerations and past studies about real estate prices, macroeconomic variables, and real estate policies. Monthly data from January 2003 to June 2021 are used, and a VEC model, the most widely used multivariate time series analysis method, is employed for analysis. Through the model, the effects of macroeconomic variables and real estate regulatory policies on real estate prices in Seoul are analyzed. Findings are summarized as follows. First, macroeconomic variables such as money supply and interest rates do not have a significant impact on Seoul's apartment prices. Due to the high demand for housing and insufficient supply, there is a demand for buying a home regardless of macroeconomic booms or recessions. Second, tax and financial regulatory policies have an initial impact on the rise in apartment prices in Seoul, and their influence diminishes over time. Third, anti-speculation zones are expected to decrease apartment prices through the suppression of demand. However, these zones cause a rise in apartment prices. This could be understood as a lock-in effect due to the strengthening of capital gains tax. Fourth, the price ceiling did not decrease apartment prices. These findings propose that, in Seoul, where demand is high and supply is insufficient, the supply of high-quality and sufficient housing should be prioritized over various regulations such as tax regulations, financial regulations, anti-speculation zones, and price caps. Moreover, the findings provide an implication that city-specific real estate policies should be implemented for Seoul rather than regulation-oriented approaches in public policy.

• Journal of Advanced Marine Engineering and Technology
• /
• v.39 no.7
• /
• pp.744-753
• /
• 2015

This paper presents the results of research on developing marine unified communications to provide VoIP service based on marine satellites. With the recent popularity of smart-phones and other mobile devices, the demand for Internet-based wired and wireless unified technology has been growing in marine environments, and increasing interest is being directed to VoIP products and service models with high price competitiveness and the ability to deliver a variety of services. In this regard, this research designed three instruments, developed their unit modules, and verified their performances. These three instruments included the following: (1) a marine VoIP module equipped with an analogue gateway that can be linked to the existing devices used in vessels, which is more than 80% smaller than that of a land system; (2) a text/voice/video engine for marine satellite communications that runs on technology that minimizes communication data usage, which is a core technology for a marine VoIP service; and (3) a unified communication service that can support multilateral cloud-based message conversations, telephone number-based call functions, and voice/video calling between a private space in a ship and shore.

• Journal of the Institute of Electronics Engineers of Korea TC
• /
• v.46 no.6
• /
• pp.111-117
• /
• 2009

In the wideband code division access (WCDMA) systems, a pilot channel is used to determine WCDMA network coverage, cell identification, synchronization, timing acquisition and tracking, user-set handoff, channel estimation, and so on. A wireless repeater, which is deployed in the urban area for the WCDMA system to meet the growing demand on wireless communication services, has the possibility to receive several pilot signals from a large number of base stations, however, cannot distinguish its service base station's signal among them. This pilot interference results in frequent handoffs in the user equipment, which degrades the radio reception, transmission efficiency, quality of service, and channel capacity and increases the unwanted power consumption. In this paper, thus, we propose a pilot pollution interference cancellation scheme using one of the adaptive estimation algorithms, normalized least mean square (NLMS), which is applicable to a wireless repeater. We carried out link-level and network-level computer simulations to evaluate the performance of the proposed scheme in a wireless repeater. The simulation results verify the bit error rate (BER) improvement in the link level and the call drop probability improvement in the network level.

• Journal of the Korea Institute of Information and Communication Engineering
• /
• v.14 no.6
• /
• pp.1365-1374
• /
• 2010

The maritime traffic is more complex these days. It is more hard for the small fishing ships to navigated in shores. The requirements for the navigate information system to protect the sea environments and support the small fishing ships are more increased. However, the Inmarsat communication system is too burden to the fishermen with the expensive terminal and call fees. We propose the wireless digital fishing information network which use the existing MF/HF SSB communications system by connecting I-PHONE, PDA, NetBook, Notebook, PC, etc with the PSK31 method and AIS(Automatic Identification System) on the MF/HF radio Band.

• The Journal of Korean Institute of Communications and Information Sciences
• /
• v.24 no.8A
• /
• pp.1115-1125
• /
• 1999

This paper forecasts the number of GMPCS(Global Mobile Communications by Satellite) subscribers in Korea. Since GMPCS adopts nor only a new tecnology cor proved in the market yet, bot also a global service principle, it's service market involves a great deal of nucertainties in terms of technological and regulatory perspectives. This paper develops a modified diffusion which considers those uncertainties by identifying three environmental group of tactors. The parameters of the model are estimated through a scenario-based approach. By assuming a pessimistic and an optimistic scenarios with three environmental group of factors, the model forecasts 4,000 and 7,000 substcribers in the first year, and then 100,000 and 600,000 subscribers in 2005 respectively. The sensitivity analysis of the model also gives an implication of the future market growth. In the early period, regulatoyu and technological issues are found to be relatively important, but, in the later period, the interconnection issues and price-competitiveness will become increasingly important.

• Journal of the Korean Data and Information Science Society
• /
• v.26 no.6
• /
• pp.1377-1386
• /
• 2015

GDP gap is closely related with economic activity of a country as a whole, especially with the economic fluctuations which is called business cycle. GDP gap is regarded as an important variable for the monetary policy of the central bank because it provides information on the excess demand pressures and employment matters. However, GDP gap may not provide enough information of the effect of recent economic structural change or the environmental change of domestic and external economic condition. In this paper, the GDP is decomposed by statistical filtering techniques and various models are fitted to estimate the influence of GDP gap on Inflation and see if it has been changed. Analysis results show that the influence of GDP gap on inflation decreased in the 2000s while that of global GDP gap increased. These results also support that recent low inflation rate is due to the change of overseas economic condition, such as a slowdown in exports resulting from the global recession, as well as domestic factors.

• The Optical Journal
• /
• s.173
• /
• pp.38-44
• /
• 2019

올해 국내 실물경기는 수출 증가세가 점차 둔화되고, 내수도 소비의 둔화와 투자의 감소 전환 등의 영 향으로 완연한 하락세를 보였다. 내수는 설비투자와 건설투자가 크게 감소하면서 급속한 조정 양상을 보이고 있으며, 소비도 연 2%대 증가율로 떨어지면서 둔화세를 기록하고 있다. 수출은 물량의 증가세가 유지되고 있으나, 단가는 기저효과로 인한 유가상승 폭의 축소 등의 영향으로 상승률이 떨어지면서 증가세가 둔화되었다. 2019년 세계경제는 선진권의 경기둔화와 개도권의 성장률 정체가 예상되는 가운데 하방 리스크 요인으로 인해 제한적 성장이 예상된다. 선진권은 미국경제의 성장률 하락이 예상되는 한편, 일본과 유로권도 전년보다는 약간 낮은 성장률이, 중국은 연 6%대 초반까지 성장률 하락이 예상된다. 국제유가는 글로벌 경기 둔화에 따른 원유의 수요 감소와 미 달러화의 가치 상승 등 금융 요인이 하방 압력으로 작용하나, OPEC의 감산 지속과 지정학적 불안정성이 상승 요인으로 작용하면서 연평균 보합이 예상된다. 환율은 미 달러화의 강세기조가 2019년 상반기까지 이어질 것으로 예상되지만, 하반기에는 유럽 등지의 통화긴축 전환과 미국경기 둔화 등의 영향으로 달러화가 약세로 전환하면서 연평균 기준 소폭 상승할 것으로 기대된다. 2019년 국내경제는 수출과 투자가 글로벌 경기 둔화 등의 영향으로 소폭 증가에 그치고, 소비가 전년대비 둔화세를 보이면서 2018년보다 약간 낮은 2.6%의 성장률이 예상된다. 소비는 실질소득 감소와 고용 부진 등이 예상되고, 대외 불확실성으로 인한 체감경기 약화로 증가세가 둔화되나, 보건 복지 고용의 지출 확대, 유류세 인하 등 정부 정책은 실질구매력 제고에 긍정적 요인으로 작용할 전망이다. 설비투자는 대외 불확실성과 대내 구조적 취약성 등의 영향으로 인해 제한적인 증가세가 예상되며, 건설투자도 정부의 부동산시장 안정화 대책과 SOC예산 감축 등의 영향으로 감소세가 이어질 전망이다. 수출은 세계경기의 성장세 둔화로 인해 수출물량이 소폭 증가에 그치고, 반도체의 가격 하락과 국제유가의 횡보 전망 등으로 수출단가도 하락 압력이 커지면서 2018년 보다 낮은 3.7%의 증가율이 예상된다.