• International Area Studies Review
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• v.22 no.3
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• pp.201-219
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• 2018

This paper suggested a theoretical model, in which a security-based(secured loan, non-secured loan) credit agreement determines the form of corporate cost function through a loaning company's cost minimization in the light of a company which behaves monopolistically in product markets. Also, this paper analyzed the influence of a corporate credit agreement on market equilibrium, and economic welfare in product markets. As a result, it was found that in case a company, whose equity capital is small, implements borrowing based on a secured loan from a financial institution, the company comes to face borrowing restraints, in which the company has no choice but to get a loan within the scope of securities. When a company offers its capital goods, i.e. a production factor, as a security, there occurs a distortion to the production factor input ratio. Meanwhile, when a company comes to get a loan based on an unsecured loan, for which the interest rate is high, marginal cost rises; accordingly, the company comes to choose a credit agreement aiming at maximizing its profits. However, a company's choice of a credit agreement is not quite desirable from a consumer's viewpoint, and from the whole economic point of view; overall, such a choice is likely to aggravate economic welfare.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.11a
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• pp.276-279
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• 2003

전력산업의 구조개편에서 발전사업자에게 용량가치를 보상해 주는 것은 현물시장에서 발전용량을 줄임으로써 가격 상승을 유도하여 수익을 높이는 등의 전략적 행동을 줄임과 동시에 발전회사의 단기적인 이윤 추구 및 경쟁에 의해서 저해될 수 있는 장기적인 투자를 유도하기 위한 것이다. 이 논문에서는 용량가치 보상 메커니즘을 용량가격이 생산량에 따라 변화하는 부분과 변화하지 않는 부분으로 나누고 대칭적인 복점시장 상황을 상정하여, 수요특성과 시장의 경쟁정도 및 소비자 잉여의 중요성 등에 따라서 용량가치 보상 메커니즘이 사회후생에 어떤 영향을 미치는지에 대해서 분석하였다. 결과적으로, 용량가치 보상에 의해서 사회 후생이 증가할 수 있으며, 소비자 잉여를 중시할수록 용량가격이 생산량에 따라 변화하는 메커니즘이 효과적이고, 경쟁 형태 및 정도에 따라서 용량가치 보상 메커니즘의 형태가 달라져야 함을 보였다.

• Journal of Korea Technology Innovation Society
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• v.4 no.3
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• pp.355-368
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• 2001

The importance of software industry is rapidly increasing with the growth of Internet and the advent of digital economy. The purpose of this study is to research the impact of the copyright protection for securing producers and enhancing of producing on social welfare. The Korean government reformed the copyright law to enhance the copyright protection in 2000 and intensely controlled software piracy in 2001. However, copyright protection has much controversy in aspects of hindering social use of software. This study compared and analyzed the general equilibrium and the copyright protection for social welfare maximization in two cases when network externality exists or not, by assuming the simple demand and supply functions.

• Journal of Teachers' Pension
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• v.1
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• pp.13-45
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• 2016

2015년말 사학연금제도의 법 개정이 이루어졌다. 그동안의 연금개혁이 주로 연금보험료 인상으로 이루어졌다면 이번 연금개혁은 연금지급률, 연금보험료률, 연금수급개시연령, 연금수급자에 대한 연금액 동결 등 다각적으로 이루어졌다. 국민연금과 동일한 수준의 가입자 내 소득재분배가 이루어졌다는 점도 특이하다. 본 논문은 사학연금법 개정의 재정효과와 후생효과를 분석하여 사학연금제도 개혁의 의미를 평가하고 정책과제를 도출하고 있다. 사학연금은 특수직역연금 중 유일하게 연기금이 아직 존재하는 제도로서 이번 연금개혁으로 국민연금에 가까운 재정안정화 효과를 거두었다는 점에서 큰 의의가 있다. 소득대체율과 연금수익비 등 후생적 측면에서의 후퇴에도 불구하고 제도의 안정성이 높아졌다는 점에서 의의가 크다. 이번 연금개혁으로 사학연금은 상당부분 국민연금제도와 유사하게 변동하였다는 점에서 국민연금과의 형평성도 제고되었다고 볼 수 있다. 2009년 연금개혁의 미비점을 보완하고 보다 완성도가 높은 개혁이 이루졌다고 볼 수 있다. 향후 국민연금제도의 재정안정화 추이에 맞추어 사학연금제도가 함께 부응해 나간다면 사학연금은 보다 재정적으로도 건전한 제도로 자리잡을 수 있을 것으로 판단된다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.9 no.6
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• pp.1874-1881
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• 2008

This study surveyed and analysed the factors that affect the job satisfaction of a home appliances service engineer. The job satisfaction analysis was based on two separate branches: the satisfaction of the current position and the intention to work. As the result, it was apprehended that as far as the individual qualities of the engineer are concerned, personality is a factor that had an effect on job satisfaction. Concerning the organisational qualities, it was analysed that social support, allowances and welfare were factors that contributed largely; and concerning the work itself, it was acknowledged that the appropriateness of the work influenced job satisfaction. To conclude, it was analysed that to increase job satisfaction, it would be important first and foremost to employ employees who have extroversive personalities, to take good care of the allowances and welfare of the employees and to distribute appropriately the amount of work.

• Environmental and Resource Economics Review
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• v.18 no.3
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• pp.495-521
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• 2009

This paper measures welfare losses from beef consumption reduction, which might be resulted from psychological anxiety about potential outbreak of BSE (commonly known as "bad cow dieses") risks after announcement of resuming US-beef imports in April of 2008. Unlike the previous literature of utilizing the contingent valuation method or experimental market approach, this study estimated quality-differentiated consumer demand functions using the information of self-reported beef consumption quantity, individually constructed price indices of beef, and subjective perception of BSE risks. The empirical results based on a survey sample of 360 residents in Jeon Ju city were consistent with the anticipation from economic theory, in terms of coefficients of own prices, substitute prices and income variables. The announcement of resuming US-beef imports did not make significant differences in the sign and sizes of the main economic variables. However, the subjective perception variable about BSE risks had negative significant impacts on beef demand functions after the announcement but not significant before the announcement. The welfare losses in a form of equivalent variation (EV) corresponding to the increases in concerns about BSE risks were measured to be about 30 thousand won per household.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.11
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• pp.6646-6651
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• 2014

This study was carried out to find the social welfare effects of agricultural outlook information service for fruit in Korea. The goals of an agricultural outlook information service are to improve the efficiency of the agricultural product market, and stabilize the farmer's income and consumer price. This paper introduces the results of econometric analysis for the effects of social welfare benefits. According to the results of econometric analysis for the citrus industry, the effects of the social welfare benefits were estimated to be 15,228 million KRW on apples (ratio of the total revenue, 1.5%), 3,154 million KRW on pears (ratio of the total revenue, 1.8%), 1,936 million KRW on peaches (ratio of the total revenue, 0.9%), 5,211 million KRW on grapes (ratio of the total revenue, 1.0%), 44,976 million KRW on citrus (ratio of the total revenue, 5.4%), and 2,590 million KRW on sweet persimmon (ratio of the total revenue, 0.8%) in 2012.

• Culinary science and hospitality research
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• v.21 no.2
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• pp.60-74
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• 2015

This study seeks to determine causal relationships between hotel internal marketing practices and job satisfaction, and ultimately on organizational commitment, to contribute information enabling hotel management to better understand employees working in hotel culinary departments. SPSS 18.0 and AMOS 18.0 were employed for the statistical analysis (e.g. frequency statistics, exploratory factor analysis, confirmatory factor analysis, reliability analysis, and structure equation model). Results revealed that the formulated model showed proper model fit (${\chi}^2=227.154$(df=179), p-value=0.009, CMIN/DF=1.269, RMR=0.013, GFI=0.931, AGFI=0.911, NFI=0.906, CFI=0.978, RMSEA=0.031), and confirmed construct reliability and convergent validity. Three factors (benefit package, educational training, work autonomy) were extracted based on the results of the factor analyses. Specifically, benefit package and work autonomy exhibited an effect on job satisfaction with benefit package asthe most significant factor (t-value 3.311, p<0.001), partially supporting the first hypothesis of this study. In addition, job satisfaction has found to have a positive influence in organizational commitment, confirming the second hypothesis of this study.

• Proceedings of the KAIS Fall Conference
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• 2008.11a
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• pp.488-491
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• 2008

본 연구에서는 가전제품 서비스 엔지니어의 직무만족도가 계속근무의사에 어떠한 영향을 미치는 지를 조사 분석하였다. 또한 직무만족도에 영향을 미치는 요인이 무엇인지를 조사 분석하였다. 그 결과 엔지니어 개인적 특성에 있어서는 성격이 직무만족도에 영향을 미치는 요인으로 파악되었으며, 조직적 특성에 있어서는 사회적 지지와 급여 및 복리후생이 영향을 미치는 요인으로 분석되었다. 직무 자체의 특성에 있어서는 업무 적정성이 직무만족도에 영향을 미치는 것으로 파악되었다. 또한 이러한 직무만족도는 계속근무의사에 의미있는 영향을 미치는 것으로 조사 분석되었다.

• Korean journal of communication and information
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• v.48
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• pp.63-89
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• 2009

The contents provided by the terrestrial broadcasters have governed the market based on their excellent quality in Korea. In spite of the launching of various pay TV services focusing on multi-channel, it is not yet easy to find out the substitutionary pay TV channels for the terrestrial. Therefore, the real time retransmission of the terrestrial channels brings about the crucial effects on the pay TV's competency, especially on the new media as the invisible barrier. So it is frequently proposed to change the aim of the retransmission policy from the universal access to the promotion of media industries. The retransmission can be divided into two types as the must carry and retransmission consent. In Korean situation, keeping or reducing the must carry channel would be appropriate rather than expanding them. However, periodic investigation into the public effects of the must carry is necessary, instead of it. Moreover, the rational and fair monetary compensation for the commercial channels(MBC, SBS, KBS2) is arising as the bottle neck in the retransmission agreements between the broadcasters. The conjoint analysis was carried out to estimate the welfare growth from the retransmission, based on the stated preference from the audiences' point of view. For must carry channels, it was certified as the 'win-win' strategy for both sides and audiences. For the commercial channels, it is revealed to be beneficial to the audiences. Thereafter, the standards for the rational price were suggested to promote the retransmission. This can contribute for inspiring the dynamic vitality to the media industry by reinforcing the contents competencies and for establishing the long term growth strategies.