• Environmental and Resource Economics Review
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• v.18 no.1
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• pp.1-22
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• 2009

The primary purpose of ITQ (individually transferable quota) is to reduce the overcapitalization problem in the open-access fishery. It has been argued that the least cost-efficient vessels under ITQ may exit first from the fishing by selling their quotas, thereby also reducing the excess capital. The purpose of this paper is to provide a case when ITQ may prompt the exit of less cost-inefficient vessels in the presence of irreversible exit cost which is proportional to the cost-inefficiency. Real option model is adopted in order to analyze the source of hysteresis associated with fishery exit decision. By linking the interaction between vessels' adjustment costs, cost-efficiency of harvest and uncertainty of fishery return, we show that cost-inefficient vessels will not exit always first from the fishery in contrast to the conventional wisdom. Relevant policy implications is discussed.

• The Journal of the Korea Contents Association
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• v.7 no.10
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• pp.191-201
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• 2007

Dismissing incompetent public servants started from Ulsan City is spreading to the nation. As part of comprehensive administrative reform in provincial and municipal authorities, such movement is strong to kick out those who are not qualified and incompetent as public servants. It is because citizens have high hope for the change of public officers. Firing incompetent workers started from Ulsan city government was spread to Seoul City government and to the central government. However, other concerning views over kicking out incompetent public workers are very strongly raised. Accordingly, this study examines various opinions and does institutional, legal, and theoretical reviews on the dismissal system of incompetent workers that is widely spread. It examines social significance and problems over the system and suggests its improvements and directions of innovation toward administrative reform.

• KDI Journal of Economic Policy
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• v.25 no.2
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• pp.3-53
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• 2003

Using the plant level panel data on Korean manufacturing during 1990-98 period, this study tries to assess the role of entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. Main findings of this study are summarized as follows. First, plant entry and exit rates in Korean manufacturing seem quite high: they are higher than in the U.S. or several developing countries for which comparable studies exist. Second, in line with existing studies on other countries, plant turnovers reflect underlying productivity differential in Korean manufacturing, with the "shadow of death" effect as well as selection and learning effects all present. Third, plant entry and exit account for as much as 45 and 65 percent in manufacturing productivity growth during cyclical upturn and downturn, respectively. The findings of this study show that the entry and exit of plants has been an important source of productivity growth in Korean manufacturing. Plant birth and death are mainly a process of resource reallocation from plants with relatively low and declining productivity to a group of heterogeneous plants, some of which have the potential to become highly efficient in future. The most obvious lesson from this study is that it is important to establish policy or institutional environment where efficient businesses can succeed and inefficient businesses fail.

• Journal of Technology Innovation
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• v.23 no.3
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• pp.115-135
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• 2015

In the technological cycle model, a technological discontinuity leads to the inception of industry evolution. Before the emergence of de facto standard, it is defined as era of ferment, while era of incremental change is defined after the emergence. In the era of ferment, market and product have high uncertainties, but the competition becomes fiercer in the era of incremental change. Hence, new or revised managerial strategies are required before and after the de facto standard. However, our understanding is limited. In this study, we explore determinants of firm survival after the emergence of de facto standard. We test these using 6650 product/year observations from 1983 to 2002. The results reveal that entry before the emergence of de facto standard, and the number of product in the market will increase exit rate. However, the number of company will reduce exit rate. Our findings illustrate distinctive characteristics of the industry after the emergence of de facto standard. We'll discuss academic and political implications in the last section of this paper.

• 해운
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• no.8 s.7
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• pp.20-23
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• 2004

국제해사기구(IMO)는 2003년말 단일선체 유조선의 이중선체요건을 강화하기 위해 MARPOL 부속서 I의 13G를 개정했다. 이 개정협약의 목적은, 단일선체 유조선을 시장에서 조기에 퇴출시키는데 있다. 이에 따라 해양수산부는 동협약의 국내수용을 위해 해양오염방지법령의 개정을 추진하고 있다. 다음은 관련협약의 주요내용과 국내수용 방향을 정리한 것이다(편집자 주)

• The Korean Journal of Financial Management
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• v.16 no.1
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• pp.283-309
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• 1999

본 연구에서는 최근에 투입과 산출관계가 복잡한 비영리기관의 운영효율성을 평가하는데 많이 적용되고 있는 DEA분식기법을 이용하여 국내일반은행의 생산성을 상대적 개념에서 측정하고, 은행감독원에 의한 경영평가와 금융감독위원회의 은행퇴출평가 결과를 비교하여 봄으로서 평가결과가 타당성이 있는지 여부를 알아보았다. 금융감독위원회의 평가는 수익성, 건전성, 유동성, 내부유보 등 비율분석에 의한 평가와 BIS비율 등을 고려하여 평가해 왔기 때문에 다산출물 대 다투입물이 상호작용하는 것을 무시하고 있다는 것으로 볼 수 있다. 그리고 은행감독원의 평가와 DEA기법에 의한 경영효율성 간에는 상당한 차이가 있는 것으로 드러났다. 본 연구 분석결과로는 1995년도 효율성 값이 하위 5개 은행은 국민은행, 충북은행, 광주은행, 경남은행, 평화은행이며, 1996년도 효율성 값이 하위 5개 은행은 광주은행, 제주은행, 동남은행, 전북은행, 국민은행, 1997년도의 효율성 값이 하위 5개 은행은 대동은행, 광주은행, 충청은행, 충북은행, 전북은행으로 분석되었다. 퇴출은행 5개중 1996년도에 동남은행, 1997년도에 대동은행, 충청은행만이 효율성 값이 하위 5위안에 포함되어 본 연구의 분석결과와 다소 상이한 결과가 분석되었다. 그리고 DEA 분석모형에 의하면 비율분석에서는 점검할 수 없는 은행의 상대적 경영효율성을 분석한 결과가 금융당국의 평가결과와 다소 일치한 점도 있으나 운영효율성 측면에서 퇴출대상은행이 효율성이 높은 은행으로 평가되어 금융감독위원회가 결정한 퇴출대상은행과 DEA 분석결과와는 상이한 결과가 도출되었다.

• Knowledge Management Research
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• v.24 no.2
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• pp.211-240
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• 2023

The purpose of this study is to analyze empirically the effects of changes in policies of the construction industry on the entry and exit in the construction industry and to present the direction of changes in construction industry policies based on the analysis results. The purpose of this study is also to present by analyzing the factors influencing the increase and decrease of builders in the actual construction market. The results of the survey indicate that for general contractors in Daegu and Gyeongbuk, which are mostly small and medium-sized construction companies, the strengthening of registration standards (capital, technicians, etc.) has a significant impact on market entry and exit. However, on the other hand, many of the construction policies implemented to eliminate unqualified contractors in the construction market have had the effect of increasing the number of unqualified contractors. This suggests that construction policies in the construction cycle have not achieved their objectives.

• 보일러설비
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• s.92
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• pp.142-143
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• 2001

건설교통부는 건설공사의 대형화 복잡화 등 건설산업 환경변화에 효율적으로 대응하고, 부실업체 퇴출 등 건설산업 구조조정을 원활히 추진하기 위한 제도개선 방안에 관한 건설산업기본법개정법률(안)이 26일 국무회의 의결을 거침에 따라 하반기 정기국회를 거쳐 내년 상반기부터 시행될 예정이라고 밝혔다. 이번 개정법률안은 건설사업관리제도의 활성화를 위한 건설사업관리자의 건설사업관리능력 평가 공시제도 도입 및 부실업체 퇴출을 원활히 추진하기 위한 건설업 등록사항의 주기적 갱신신고제 도입, 일반건설업 등록권한의 지방이양 등을 주요내용으로 하고 있으며 세부개정내용은 다음과 같다.

• Product Safety
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• s.212
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• pp.13-13
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• 2011

• Venture DIGEST
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• s.4
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• pp.8-9
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• 2002