• Journal of Korean Society of Transportation
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• v.23 no.2
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• pp.37-50
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• 2005

This study analyzes the effect of airport investment on GRDP(Gross Regional Domestic Product) using Regional Production Function with public investment on social infrastructure. Particularly it includes the spillover effect of airport investment on the economies of neighbor regions beyond border. We estimate regional production function with the independent variable of airport investment stock using panel data with regional cross-section and time-series data. In the analysis with aggregate data of all industries, it shows the positive relationship between airport investment and GRDP which implies the affirmative effect of airport investment on regional economy in the aspects of direct and indirect spill-over effects. On the contrary, the research results of each industry do not appear to be the same. With the different characteristics of each industry, the direct and indirect effect may not be the same and the SOC investment contributes to the restructuring of regional economy by altering the industrial organizations of any specific region and its neighbors.

• Proceedings of the Korea Water Resources Association Conference
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• 2018.05a
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• pp.381-381
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• 2018

우리나라에서는 지속적인 자연재해로 각기 다른 필요성과 목적에 따라 다양한 형태의 홍수 침수 관련 지도가 작성되어 왔다. 연구 성과로 작성된 계획 빈도 및 상위 2개 빈도의 호우피해예상도를 실측 강우와 연계하여 재난관리단계별 대응단계에 활용하기 위해 실시간 피해위험구역을 표출하고자 한다. 본 연구는 실시간으로 피해위험구역을 표출하기 위해 실측 강우와 연계된 호우피해예상도에 공간 보간 알고리즘을 적용하고자 한다. 호우피해예상도란 돌발호우나 태풍으로 인하여 홍수가 발생하면 인명 및 재산피해를 최소화하기 위해 홍수지역을 미리 예측 가능하도록 제작된 지도이다. 지형자료(DEM), 하천 중심선(Stream Centerline), 하천 횡단면(Cross-Section Line), 제방고(Bank), 수문기상 자료(Hydrological Data), 조도계수(Roughness) 등을 사용하여 하천법 제 21조와 하천법시행령 제 17조를 근거로 작성된다. 본 연구에서는 호우피해예상도에 IDW(Inverse Distance Weighted, 역거리가중법) 보간, TIN(Triangulated Irregular Network system, 불규칙삼각망) 보간, Kriging 보간 방법 적용 알고리즘을 제시하고자 하였다. 호우피해예상도에 보간 알고리즘을 적용하기 위해 보간 방법에 따른 적용사례를 분석하였으며 그 결과, 보간 알고리즘을 적용한 호우피해예상도 보간을 통하여 계획빈도 및 상위 2개 빈도 이외의 빈도(하위빈도-계획빈도, 계획빈도-상위빈도 구간)에 대한 호우피해예상도의 피해위험구역 구현 방안을 제시하였다. 호우피해예상도에 IDW, TIN, Kriging 보간 알고리즘을 적용하여 계획빈도 및 상위빈도 이외의 빈도에 대한 피해위험구역을 표출 할 수 있다. 표출된 계획빈도 및 상위빈도 이외의 빈도를 지점확률강우량-빈도에 대한 Matching table을 통하여 실측 강우와 연계 가능하다. 본 연구 결과는 추후 풍수해피해예측시스템에 활용하여 재난관리단계별 예방 및 대응 단계에 활용 할 수 있을 것으로 판단된다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.3
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• pp.337-345
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• 2018

The purpose of this study is to analyze the relationship between the characteristics of Korean family firms and the impact of debt financing. The analysis period was 10 years from 2004 to 2013, and the sample consisted of 4,008 non-financial firms listed on the Korea Exchange. For the analysis, the unbalanced panel data with time - series, cross - section data were formed and analyzed using panel data regression analysis. The results are as follows. First, Korean family firms use relatively less debt than non - family firms. It can be understood that family firms in which the dominant family owns and dominates the corporation are less likely to increase their debt because the agent problem is alleviated and the need for the control effect of Jensen (1986) is lowered. Second, in the verification of the packing order theory using the model proposed by Shyam-Sunder and Myers (1999), family firms have higher compliance with the packing order theory than non-family firms do. When financing is needed, debt is preferred over equity issuance. However, for Korean family firms, 24.38% of the deficit funds are financed through the issuance of net debt, which is relatively low compared to the 75% shown in the analysis of Shyam-Sunder and Myers (1999). These results reveal the limit to the strong claim that the Korean family firms follow the packing order theory.

• Journal of Korean Society for Geospatial Information Science
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• v.22 no.2
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• pp.25-32
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• 2014

The river plan executes the role for prevention of disaster and protection of environment, and requires the surveying results with high accuracies for managing river, dam, reservoir which will be the major infrastructures. The purpose of this study is for comparing and analyzing the results of river surveying which is used widely for disaster management and construction industry support. The results are gathered by using LiDAR which is being used in Korea recently and by using Total station. Study area is chosen at upper area of Bukhan River which is located at Gangwon-do. Total 2 cross-sections of the two methods are extracted from the study area. The standard deviation of land part is about 0.017m which shows little difference between two methods, but the Airborne LiDAR results cannot survey the heights of the points accurately at the singular points with vertical structure and water body part. To overcome the problems through this study, there should be ways to survey the bottom river through transmission of water level within the same margin scope as land part and to survey detailed facilities used by laser exactly through continuous research and experiment. When implementation stage comes, this study expect that this document will be utilized variously for making decision in the area of planning and drawing of business and engineering not just for river regarding the major area or the area that people cannot access.

• Land and Housing Review
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• v.3 no.1
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• pp.15-22
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• 2012

The purpose of this research was to propose housing estate planning that applies 3D spatial information to DAS housing estate planning program and to enhance applicability of 3D spatial analysis. In addition, this research evaluated the applicability of 3D spatial information to site planning of Korea Land and Housing Corporation and developed models for the purpose of applying the spatial information efficiently. Moreover, we tested applicability of LiDAR that can allow 3D spatial information to be more efficient and accurate. The results from cross section analysis implies that LiDAR has higher usability than existing geographic information. Additionally, this study shaded light on the suggested system development model that can simulate location or height of an apartment house by spatially analyzing difference between before-and-after site development.

• Journal of Technology Innovation
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• v.26 no.3
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• pp.98-128
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• 2018

This study aimed to investigate the performance on technology collaboration of small and medium enterprises in Korea from the views of resource-based theory. Considering that supplementing the technical resources is stressed in a motivation of technology collaboration from the corresponding theoretical perspective, a group of corporations to be analyzed was classified into three categories such as high, medium and low technologies depending on the technology level. Moreover, technology collaboration partners were also classified into large corporation, small and medium enterprises, university and institution based on that both tangible and intangible assets that belong to a corporation semi-permanently, and the revolutionary performance was analyzed by each relationship of collaboration between parties. The study results revealed that an influence on the performance of technology collaboration varies by technology level of the small and medium enterprises in Korea and their collaboration partners. In particular, the small and medium enterprises of high-tech industry in Korea were confirmed to accomplish relatively less benefits obtaining through technology collaboration compared to the corporations with low technical skills.

• Proceedings of the Korea Water Resources Association Conference
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• 2009.05a
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• pp.728-733
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• 2009

지금까지의 하천 설계는 하천의 유량, 유사량, 하상토 입도분포, 강턱의 입자 또는 하도 표면의 특성, 하곡의 경사 등을 고려하여 안정한 횡단면을 결정하기 위한 목적으로 발전되어 왔다. 하지만, 하천 복원에 있어서 이동 하상의 안정 하도 및 하천을 설계하는 작업은 수리학적, 하천 형태학적, 그리고 유사 수리학적 측면에서 매우 복잡한 문제들을 포함하고 있으며 더 나아가 다양한 생태서식처 및 환경을 제공할 수 있는 측면까지도 고려하도록 요구되어 지고 있다. 자연하천 복원 설계시 가장 선행되어야 할 작업은 복원하고자 하는 현재의 하천 및 하도의 안정성에 대한 평가이며 이러한 과정에서 평형 하천의 개념을 반드시 고려해야 한다. 안정하도 및 평형하천 형태를 계산하는 방법들이 여러 연구자들에 의해 제안되어 왔고 여러 해석적 방법들 중 Copeland의 방법은 실제로 충적하천에서의 안정 하도 평가 및 설계에 가장 많이 이용되고 있으며 미공병단에 의해 개발된 SAM(Stable Channel Analysis Model) 모형에서 채택하고 있는 해석적 방법 중 하나이다. 본 연구에서는 Copeland의 해석적 안정하도 분석 방법을 기본 모듈로 채택하고 있는 미공병단에서 개발한 SAM(Stable Channel Analysis Model)의 기본적인 특성과 활용도에 대해서 알아보고 이를 남한강 제1지류인 청미천의 구하도 복원 예정 구간에 적용시켜 현재하도의 안정성을 평가하였다. 분석 결과, 안정하도 경사는 현재 하도 경사보다 완만한 것으로 나타났으나 SAM에서 예측하고 있는 청미천의 안정 하폭은 현재 하도의 하폭보다 훨씬 작은 것으로 나타났다. 이는 현재 청미천의 복원 구간에서 사주가 많이 발생하는 이유를 뒷받침 하는 결과라고 할 수 있다. 안정수심은 현재 하도의 수심보다 깊은 것으로 계산되었다. SAM을 이용한 계산 결과들은 현재하도의 안정성 평가뿐만 아니라 복원 구간의 안정하도 설계를 위한 기초자료로 활용될 것이다.

• Environmental and Resource Economics Review
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• v.19 no.3
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• pp.689-711
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• 2010

This study attempts to find the relationship between achievement of environmental industry and development of financial sector by analyzing cross-sectional data for OECD countries. Development of financial industry has a positive effect on environmental industry. Green financing also affects improvement of environmental quality. Demand for environmental quality is positively influenced by GDP per capita, while financial crisis has a bad effect on environmental performance. Government-led green financing in Korea has a major role in the Korean environmental policy for years. While market-oriented green financing improves the efficiency of regulation, government-led green financing may delay internalization of environmental cost due to its subsidizing effect. Further study should include systematic analysis on the scope of green financing and its qualitative attribute and fundamental causality between green financing and environmental improvement.

• Journal of the Economic Geographical Society of Korea
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• v.25 no.4
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• pp.629-640
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• 2022

This study analyzed the relationship between local government size and regional economic growth using regional data from 2002 to 2020. By dividing local government expenditure into social development expenditure and economic development expenditure, economic growth and the inverted U-shaped Armey curve were verified, and the optimal size of local government expenditure was examined. In particular, the AMG estimation method considering the cross-sectional dependence and regional heterogeneity existing in the panel data was utilized. As a result of the analysis, it was found that there was an inverted U-shaped relationship between local fiscal expenditure and regional economic growth. When the proportion of total local fiscal expenditure is 7.63% of GRDP and social development expenditure is 3.45%, it is found that the optimal size of expenditure can maximize the regional economic growth rate. Local governments should increase the effectiveness of public expenditure policies by considering these points.

• The Journal of Information Technology
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• v.1 no.2
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• pp.209-227
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• 1998

This study examines the relation between accruals components of earnings and stock return. Earnings are decomposed into four components: discretionary accruals, nondiscretionary accruals, nondiscretionary income and cash flow from operations. Because reported earnings in financial statement consist of cash flow from operations plus total accruals. We decompose total accruals into a discretionary accruals and a nondiscretionary accruals separately, This paper examines the incremental informational content of discretionary accruals and nondiscretionary accruals components of net income by regressing return on earnings'components in multivariate models. The empirical analysis is conducted on a sample of 1,580 firm-years comprising 158 firms during 1984-1995. Discretionary accruals are obtained by decomposing total accruals into discretionary and nondiscretionary accruals components, using a pooled variation of the Jones model(1991). These findings suggest that the discretionary accruals(measured using a variation the Jones model) is priced by the stock market. Specifically, the discretionary accruals and cash flow from operations are positively associated with the stock return, and also nondiscretionary income, discretionary accruals are positively associated with the stock return. While this result is consistent with the market prices the discretionary accruals because it captures value-relevant information. Additional test report evidence consistent with nondiscretionary accruals conveying information about the stock return.