• Title/Summary/Keyword: Accounting Index

Search Result 192, Processing Time 0.024 seconds

Development of Method for Deriving The Crisis Index of Industrial Complex (산업단지 위기지수 도출을 위한 방법론 개발)

  • Kim, Sungjin;Hong, Jong-yi;Kim, Han-Gook
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.20 no.10
    • /
    • pp.250-258
    • /
    • 2019
  • Due to the problems associated with the aging of industrial complexes, research on the decline of industrial complexes is being conducted. In the case of decline, it is necessary to not respond immediately, but with a crisis, it is necessary to minimize the impact on the industrial complex through preemptive responses to the external environment and internal changes. Therefore, it is necessary to develop a crisis index that can systematically predict and evaluate changes in the industrial complex. In this research, a method for extracting the crisis index of an industrial complex is developed. We derive performance measures for developing the crisis index, deriving the relative importance of performance measures based on the analytical hierarchy process. Because units of performance measurement are different, a normalization method is developed to sensitively reflect change. Based on the relative importance and normalized values of the performance measures, the crisis index of the industrial complex is developed and applied to a national industrial complex in order to verify its applicability.

Social Welfare Policy Expansion and Generational Equity: Generational Accounting Approach (복지지출 확대가 세대 간 형평성에 미치는 효과 분석: 세대 간 회계를 이용한 접근)

  • Chun, Young Jun
    • KDI Journal of Economic Policy
    • /
    • v.34 no.3
    • /
    • pp.31-65
    • /
    • 2012
  • We study the sustainability of the current fiscal policy of Korea, and the effects of the social welfare policy expansion, which has been recently discussed among the political circles, on the government budget and the generational equity, using generational accounting. We follow the generational accounting approach, considering the fact that most of the social welfare policies are the entitlement programs, which imposes the limitation of the policy maker's discretion to control the cost of their provision. The social welfare expenditure will change due to the change in the policy environments of the future, such as population aging. Therefore, we need to take into account the government cash flow of the future as well as of the present to investigate its effects on the fiscal sustainability, which implies that the national debt or the budget balance is not a proper index for the investigation. Our findings are as follows. The current fiscal policies are not sustainable, and the long-term budgetary imbalance is shown very serious. The required tax adjustment, which is defined as the percentage change of tax burden required to attain the long-term budgetary balance, is very large. Unless the level of the government expenditure is properly controlled, the tax burden and the social contribution level will rise to the untolerable level. Moreover, the expansion of the social welfare policies, which has been discussed among the political circles, will substantially increase the fiscal burden of the future generations. Even though the provision of the free lunch to the primary and the secondary school students, the free child care, and the discounted college tuition do not increase the fiscal burden much, because their magnitude at present is not large and will decrease due to the decrease in the number of the newborns and the students resulting from the fall in the fertility rate, that of the free health care service will increase tax burden of the future generations very much, because the magnitude of the government expenditure needed at present is very large and the population aging will further increase the magnitude of the health care expenditure. The findings indicate that the structural reforms, to prevent the explosive increase in the social welfare expenditure in the future, are necessary before the implementation of the welfare policy expansion. In particular, the cost control of the social transfers to the elderly needs to be made, because the speed of the population aging of Korea is among the highest in the world. The findings also indicate that the budget balance or the national debt can cause the fiscal illusion, which makes the Korean government budget look sound, even though the fiscal policy will rapidly increase the social welfare expenditure in the future, as the population ages. The generational accounting, which takes into account the cash flow of the future as well as of the present, unlike the budgetary balance and the national debt, which shows the results of the government financial activities of the past and the present, is a useful method to overcome the fiscal illusion.

  • PDF

Comparison of Fish Distribution Characteristics by Substrate Structure in the 4 Streams (하상구조에 따른 4개 하천의 어류 분포 특성 비교)

  • Yoon, Seok-Jin;Choi, Jun-Kil;Lee, Hwang-Goo
    • Korean Journal of Environment and Ecology
    • /
    • v.28 no.3
    • /
    • pp.302-313
    • /
    • 2014
  • This study was conducted to compare the characteristics of fish distribution according to sand type stream and cobble type stream the 4 stream selected every season. The collected Korea endemic species during the survey period were 24, including Acheilognathus gracilis. Dominant species of Hongcheon stream and Muju Namdae stream was Zacco koreanus, each accounting for 39.9% and 28.4% in order, and dominant species in Yanghwa stream was Rhodeus notatus, 13.6%, and those in Gap stream was Z. platypus, by 26.0%. As a result of community analysis, dominant index was 0.27~0.63, diversity index was 1.92~2.67, evenness index was 0.6~0.79, richness index was 3.09~3.53, and dominant index was the highest in Hongcheon stream, and the indices of diversity, evenness and richness were the highest in Yanghwa stream. As a result of tolerance guild analysis, Hongcheon stream and Muju Namdae stream with a variety of substrates accounted for relatively higher rate by 50.1% and 46.4% in sensitive species respectively, and Yanghwa stream and Gap stream with greater sand substrates had 0.5% and 5.3% scarce rate of sensitive species. As a result of similarity analysis using the species, population and substrate structures of the fisheries appeared in each stream, cobble type streams such as Hongcheon stream and Muju Namdae stream were the most similar by 50.4% in species and population, 95.2% in bed structure. As a result of IBI analysis, Hongcheon stream and Muju Namdae stream appeared as 'Class A,' Yanhwa stream and Gap stream as 'Class B' and the two groups of cobble type stream and sand type stream were divided as a result of principal components analysis.

A Test to Compare the Water Resistance Sun Protection Factor of General Water, Artificial Seawater, and Natural Seawater of Sunscreen (자외선 차단제의 일반 물, 인공 해수, 자연 해수의 내수성 차단지수를 비교하기 위한 시험)

  • Hyoung Hoon Hwang;Eun Young Kang;Su Yeong Kim;Hui Jeong Jung;Jun Seong Yang;Won Kyu Hong;Hong Suk Kim
    • Journal of the Society of Cosmetic Scientists of Korea
    • /
    • v.49 no.4
    • /
    • pp.349-354
    • /
    • 2023
  • Sunscreen is a product that protects against ultraviolet rays by blocking and scattering ultraviolet rays, and has now become a daily necessity beyond cosmetics. Applying sunscreen is a common and easy way to prevent skin damage caused by ultraviolet rays. Due to its significance, the evaluation of sunscreen has evolved since its regulation by the FDA in 1978, progressing to standardized methods established by ISO. Additionally, to assess the loss of sunscreen due to activities such as water exposure or sweating, the Ministry of Food and Drug Safety in Korea and ISO have established protocols for evaluating the water-resistant sun protection factor (SPF). However, existing evaluations of water resistance have been mainly confined to test methods involving plain water, and methods accounting for the impact of seawater during activities like beach leisure, sports, and recreation are yet to be established. Based on the existing guidelines for testing the water-resistant UV protection index, this study compared the water-resistant UV protection index in water, artificial seawater (salt water) and natural seawater (sea water) to evaluate the UV protection index in real-world situations such as marine leisure, sports, and leisure activities. Through these results, we were able to compare the differences between water resistance sun protection index tests in ordinary water, artificial seawater, and natural seawater, and suggest a method for water resistance sun protection index tests using natural seawater.

A Study for Plant Community Structure Analysis in Sangwonsa(Temple) Valley, Yongmunsan(Mt.) (용문산 상원사계곡 식물군집구조 분석)

  • Kim, Jong-Yup;Ki, Kyong-Seok;Min, Geon-Young
    • Korean Journal of Environment and Ecology
    • /
    • v.26 no.5
    • /
    • pp.758-769
    • /
    • 2012
  • This study is aimed at analyzing the structural characteristics of vegetation in the Sangwonsa(Temple) valley, Yongmunsan(Mt.), and to collect basic data for research of large mountains which are located in the temperate, central region. The research on the entire vegetation struc trees are distributed over a wide area, accounting for 75.0% of theture of Sangwonsa(Temple) valley observed that oak total vegetation in the area. We examined 17 plots(unit area: $400m^2$) in the deciduous forest, dividing the trees into 5 community types based on the average important value. The 5 community types are as follows: A mixed dominant group of Carpinus laxiflora and Quercus serrata, a mixed dominant group of Quercus serrata and Quercus variabilis, a mixed dominant group of Quercus mongolica and Quercus serrata, a dominant group of Quercus serrata, a dominant group of Acer pictum supsp. mono. It is expected that the oak trees competing with Carpinus laxiflora and Acer pictum supsp. mono would flourish in a deciduous forest. The Shannon's species diversity index(H') was 0.3708~1.3083.

A Comparison of Urban Growth Probability Maps using Frequency Ratio and Logistic Regression Methods

  • Park, So-Young;Jin, Cheung-Kil;Kim, Shin-Yup;Jo, Gyung-Cheol;Choi, Chul-Uong
    • Journal of the Korean Institute of Landscape Architecture
    • /
    • v.38 no.5_2
    • /
    • pp.194-205
    • /
    • 2010
  • To predict urban growth according to changes in landcover, probability factors werecal culated and mapped. Topographic, geographic and social and political factors were used as prediction variables for constructing probability maps of urban growth. Urban growth-related factors included elevation, slope, aspect, distance from road,road ratio, distance from the main city, land cover, environmental rating and legislative rating. Accounting for these factors, probability maps of urban growth were constr uctedusing frequency ratio (FR) and logistic regression (LR) methods and the effectiveness of the results was verified by the relative operating characteristic (ROC). ROC values of the urban growth probability index (UGPI) maps by the FR and LR models were 0.937 and 0.940, respectively. The LR map had a slightly higher ROC value than the FR map, but the numerical difference was slight, with both models showing similar results. The FR model is the simplest tool for probability analysis of urban growth, providing a faster and easier calculation process than other available tools. Additionally, the results can be easily interpreted. In contrast, for the LR model, only a limited amount of input data can be processed by the statistical program and a separate conversion process for input and output data is necessary. In conclusion, although the FR model is the simplest way to analyze the probability of urban growth, the LR model is more appropriate because it allows for quantitative analysis.

Graphs Used in ASEAN Trading Link's Annual Reports: Evidence from Thailand, Malaysia, and Singapore

  • Kurusakdapong, Jitsama;Tanlamai, Uthai
    • Journal of Information Technology Applications and Management
    • /
    • v.22 no.3
    • /
    • pp.65-81
    • /
    • 2015
  • This study reports a preliminary finding of the types and numbers of graphs being presented in the annual reports of about thirty top listed companies trading publicly in the stock markets of three countries-Thailand (SET), Malaysia (BM), and Singapore (SGX)-that were chosen based on their inclusion in the ASEAN Stars Index under the ASEAN Trading Link project. A total of 6,753 graphs from nineteen sectors were extracted and examined. Banking, real estate, and telecommunications are ranked the three most condense sectors, accounting for 50.2% of the total number of graphs observed. The three most used graphs are the Conservative Bar, Donut graph and Stack Bar. Less than one percent of Infographic type graphs were used. The five most depicted graphed variables are Asset, Revenue, Net profit, Liability, and Dividend. Using rudimentary framework to detect distorted or misleading statistical graphs, the study found 60.6% of the graphs distorted across the three markets, SET, BM, and SGX. BM ranked first in percentages of graphs being distortedly presented (73%). The other two markets, SET and SGX, have about the same proportions, 53.88% and 53.03%, respectively. Likewise, the proportions of Well-designed versus Inappropriate-designed graphs of the latter two markets are a little over one time (SET = 1 : 1.17; SGX = 1 : 1.13), whereas the proportion is almost triple for the BM market (BM = 1 : 2.70). In addition, the trend of distorted graphs found is slightly increasing as the longevity of the ASEAN Stars Index increases. One possible explanation for the relatively equal proportion of inappropriate graphs found is that SET is the smallest market and SGX, though the largest, is the most regulated market. BM, on the other hand, may want to present their financial data in the most attractive manner to prospective investors, thus, regulatory constraints and governance structure are still lenient.

A Study in Bitcoin Volatility through Economic Factors (경제적 요인으로 살펴본 비트코인의 변동성에 관한 연구)

  • Son, JongHyeok;Kim, JeongYeon
    • The Journal of Society for e-Business Studies
    • /
    • v.24 no.4
    • /
    • pp.109-118
    • /
    • 2019
  • As a result of the United States (U.S) -China trade conflict, the recent instability of the stock market has led many people to invest in Bitcoin, a commodity that many previous studies have interpreted as a safe asset. However, recent Bitcoin market price fluctuations suggest that the asset's stability stems from speculative purchasing trends. Therefore, classifying the characteristics of Bitcoin assets can be an important reference point in analyzing relevant accounting information. To determine whether Bitcoin is a safe asset, this study analyzed the correlation between Bitcoin and economic indicators to verify whether gold and Bitcoin responded similarly in time series analyses. These show that the regression explanatory power between the price of gold and bitcoin is low, thus no relation between the two assets could be drawn. Additionally, the Granger causality analyses of six individual economic variables and Bitcoin did not establish any notable causality. This can be interpreted that short-term price fluctuations have a significant impact on the nature of Bitcoin as an asset.

Variables Influencing the Depth of Conscious Sedation in Plastic Surgery: A Prospective Study

  • Yeo, Hyeonjung;Kim, Wonwoo;Park, Hyochun;Kim, Hoonnam
    • Archives of Plastic Surgery
    • /
    • v.44 no.1
    • /
    • pp.5-11
    • /
    • 2017
  • Background Conscious sedation has been widely utilized in plastic surgery. However, inadequate research has been published evaluating adequate drug dosage and depth of sedation. In clinical practice, sedation is often inadequate or accompanied by complications when sedatives are administered according to body weight alone. The purpose of this study was to identify variables influencing the depth of sedation during conscious sedation for plastic surgery. Methods This prospective study evaluated 97 patients who underwent plastic surgical procedures under conscious sedation. Serum aspartate aminotransferase (AST), alanine aminotransferase (ALT), creatinine, and glucose levels were measured. Midazolam and ketamine were administered intravenously according to a preset protocol. Bispectral index (BIS) recordings were obtained to evaluate the depth of sedation 4, 10, 15, and 20 minutes after midazolam administration. Associations between variables and the BIS were assessed using multiple regression analysis. Results Alcohol intake and female sex were positively associated with the mean BIS (P<0.01). Age was negatively associated with the mean BIS (P<0.01). Body mass index (P=0.263), creatinine clearance (P=0.832), smoking history (P=0.398), glucose (P=0.718), AST (P=0.729), and ALT (P=0.423) were not associated with the BIS. Conclusions Older patients tended to have a greater depth of sedation, whereas females and patients with greater alcohol intake had a shallower depth of sedation. Thus, precise dose adjustments of sedatives, accounting for not only weight but also age, sex, and alcohol consumption, are required to achieve safe, effective, and predictable conscious sedation.

Genetic Diversity of Endangered Fish Hemibarbus mylodon (Cyprinidae) Assessed by AFLP (AFLP 분석에 의한 어름치 Hemibarbus mylodon의 유전 다양성)

  • Lee, Yoon-A;Yun, Young-Eun;Nam, Yoon-Kwon;Bang, In-Chul
    • Journal of Aquaculture
    • /
    • v.21 no.3
    • /
    • pp.196-200
    • /
    • 2008
  • Korean spotted barbel Hemibarbus mylodon, is an endangered and endemic freshwater species in the Korean peninsula. Amplified fragment length polymorphism (AFLP) was used to analyze the genetic diversity and population genetic structure of three populations (Bukhan, Namhan and Imjin-river). Fifteen AFLP primer pairs produced 795 products of which 135 were polymorphic(17%). Percentages of polymorphic bands were similar among the three populations, with accounting 11.9%, 11.1%, and 13.4% for Bukhan, Namhan and Imjin-river populations, respectively. An average genetic similarity among the three populations was 0.969. The average heterozygosity (0.033-0.040) and genetic diversity (0.036-0.043) were significantly low. Pairwise distance and fixation index analyses of three populations also suggested quite a low genetic differentiation one another. These results would provide a fundamental baseline data to develop the effective strategy for the management and restoration of this endangered fish species.