• Title/Summary/Keyword: Changes in the Population Structure

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A Study on the Valuation of Real Estate Using the Applies Real Option Model Considering Population Structure Changes (실물옵션 기법을 응용한 부동산 가치평가 연구: 인구구조 변화를 고려하여)

  • Gu, Seung Hwan;Ping, Wang;Jang, Seong Yong
    • Korean Management Science Review
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    • v.31 no.1
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    • pp.17-26
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    • 2014
  • This study presents a new real estate value analysis model considering the changes in the population structure. We propose a new model that takes advantage of the binomial option model one of the techniques of real options and considers the changes in the population structure. The real estate market price data of Seoul city from year 2001 to 2012 were extracted and the correlation analysis between real estate prices and changes in the population structure was performed. The result shows that they have positive correlation with one year time lag. The coefficient between the real estate prices and demographic changes was estimated using the OLS analysis and included in the traditional binomial option model to calculate the value of the property. It is assumed for the future price prediction that real estate invested in Seoul in January, 2013 will be sold within five years. Analysis result shows that the values of real estate in September of 2013 were predicted as 583.5 million won in the new model and as 582.4 million won in the traditional model. This reflects that the new model considering the change of population change gives better realistic performance than the traditional one.

A Study on the Demand and Supply of Housing due to Population and Changes in Household - On the Social Causes of the Changes in the Population Structure in the Center - (인구구조와 가구 변화에 따른 주택공급 및 수요에 관한 연구 - 인구구조 변화의 사회적 원인을 중심으로 -)

  • Jung, Young-Soo;Lee, Jong-Kuk
    • Journal of the Korean housing association
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    • v.25 no.3
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    • pp.123-130
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    • 2014
  • The decrease in the birth rate of the modern changes in population structure changed recovery households and household members. This change was seen in the furniture sector, 2010 population housing total survey data according to the types of households and household members indicate that future changes. Problems can predict the various issues raised, and to ensure that the supply of housing of the population structure and household type is not done properly and home sales take a look at home since 2000, was popular during the 2010 State. Therefore, this study is suggesting workarounds necessary adjustments due to changes in population structure, analyze news coverage of members of households with housing demand and housing as a base quantity change in the future of furniture and home situation changes, including housing demand and supply to purpose. Specify the range of Daegu-City research studies range, national statistical data and related literature, comparative analysis of time trends and derive a conclusion.

Development of an Overseas Real Estate Valuation Model Considering Changes in Population Structure

  • Gu, Seung-Hwan;Kim, Doo-Suk;Ping, Wang;Jang, Seong-Yong
    • Journal of Distribution Science
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    • v.12 no.3
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    • pp.65-73
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    • 2014
  • Purpose - Aging and fewer economically active people have challenged the assumption of continuous population increases. A new real estate valuation methodology reflecting changes in population structure is thus needed. Research design, data, and methodology - The relationship between demographic change and changes in real estate prices is analyzed using ordinary least squares (OLS) to estimate the parameters, and a population structure change (PSC)-Binomial Option Model is developed to assess the volatility of the estimated parameters. Results based on Seoul and Shanghai data are compared. Results - Results of the DCF method indicate that investing in Seoul is better than investing in Shanghai, but the binomial option indicates the opposite. The PSC-binomial option model, reflecting changes in population structure, yields higher values (24.6 million won in Seoul and 43.3 million won in Shanghai) than those given by the binomial option model. Conclusions - This study indicates that applying changes in population structure to existing research, such as in the binomial option model, represents a more accurate real estate valuation method. Results demonstrate that the new model is more accurate than existing models such as the DCF or binomial option.

Internal Migration and Changes in the Gun's Population Structure in Korea (인구이동과 지역단위별 농촌인구분포의 변화)

  • Kim, Nam-Il;Choi, Soon
    • Korea journal of population studies
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    • v.21 no.1
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    • pp.42-79
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    • 1998
  • There was a rapid population change accompanied with changes in population structure recently in Korea. The changes were nationwide though greater in rural, where the population decreased steeply, through the internal migration from rural to urban. There, in the structure of Gun's population, severely distorted features have been shown in the study. Also, the structure differ greatly by Gun. It indicated that the rural problems were much more serious than anticipated when analyzed generally. It tells us that we should consider the problems related with different population structure in developing the programs for the rural.

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Discussion: Critical Aspects of Census - The Study of Population Structure of Democratic People's Republic of Korea

  • Hwang, Myung Jin
    • Communications for Statistical Applications and Methods
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    • v.22 no.1
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    • pp.11-14
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    • 2015
  • The Great Famine may have had a continued impact on the population structure of North Korea even after the crisis subsided ten years ago. However, there is a significant gap between what has been said about the country and what data indicates. This gap seems inevitable mainly because reliable data are seriously lacking and access is restricted for most scholars outside the country. Yet, it is only reasonable to question why most studies have failed to explain the causality between the Great Famine and accumulated changes in the population of North Korea. In this regard, a recent study conducted by Korean demographers (Jeon et al., 2015) have several implications on the importance of accurate and reliable data when the study involves such rare and scarce information. This paper explores the changing trends of the population structure in North Korea providing a review of recent studies on demographic issues associated with North Korea and offers suggestions on understanding the post-famine effect on the overall changes in the population of North Korea.

The Characteristics of Population and Family Composition by the Unit Type in Apartment Houses (아파트단지의 단위세대별 인구 및 가족형구성에 관한 분석)

  • Chung Sa-Hee;Choi Seung Hee
    • Journal of the Korean housing association
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    • v.16 no.1
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    • pp.97-104
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    • 2005
  • The purpose of this study is to understand changes of the population and family composition in apartment houses. The main contents of this study is to find the way of housing planning through the analysis of the population and family composition by the unit types. The population and family composition were studied by computer data base program to 11,000 residents of selection 4 apartments houses. The structure of the family types proved to be constant by the result of analyzing the 10 family types. If the family types of certain resident's groups are given, this study will be able to estimate population structure to them. The transition of the population and the family composition changes to the unit types proved to be constant by the time. The distribution of manhood and matured children is tend to change according to how large the size of house is, and to change the structure of family composition.

Analysis of Changes in the Population Potential of the Neighboring Areas of Sejong City Using the Accessibility Model (Accessibility 모델을 활용한 세종시 인접 지역의 인구잠재력 변화 분석)

  • Kim, Ho-Yong;Yun, Jeong-Mi
    • Journal of the Korean Association of Geographic Information Studies
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    • v.17 no.4
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    • pp.167-178
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    • 2014
  • As large-scale housing sites are being developed rapidly in Sejong City, which was launched in 2012 for resolving the adverse effects of overconcentration in the capital area, promoting balanced development of the country, and reinforcing national competitiveness, changes in spatial structure are expected in the surrounding areas. For setting the directions of urban planning, it is essential to understand changes in spatial structure. This study purposed to measure changes in the spatial structure of neighboring areas resulting from the construction of Sejong City by approaching from the aspect of spatial interaction. In the analysis, we calculated population potential for future spatial interaction using the accessibility model, and interpreted quantitatively and qualitatively the outcomes of spatial interaction among neighboring areas before and after the construction of Sejong City using population potential as an indicator. According to the results of the analysis, the impact range of the population potential of the subject areas had been shrinking continuously since 1995, and in 2013 population potential dispersed as the population concentrated on and around Cheonan City. Although Sejong City, as a new area of population potential, was not found to play the role of a pivotal point for the surrounding areas, it is probably because the analysis was made just after people began to move to Sejong City. Accordingly, along with the effort of Sejong City to reach the planned population, it is necessary to keep monitoring changes in related factors and changes in the spatial structure of the surrounding cities resulting from the growth of population.

Analysis on Change of Population Structure and Locational Characteristics of Children's Parks : Focusing on Children's Parks in Cheongju (인구구조 변화와 어린이 공원의 입지특성 분석 연구)

  • Shin, ByungChuel;Lee, Eun-Yeob
    • Land and Housing Review
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    • v.9 no.3
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    • pp.29-36
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    • 2018
  • This study aims at suggesting directions to make children's parks considering the actual groups using them by comparative analysis of age distribution in residents within area of use and locations of children's parks with regards to changes in population structure of low birth rate and aging. Cheongju was selected for the study, and the current status of children's parks and population structure were categorized into six stages and the investigation and analysis were conducted by statistics by population group and by using Arc GIS Program. As a result of the analysis, children under 13 were 13.1% of the entire population in Cheongju and share of middle-aged and aged group including middle-aged was 31.3%. Park area per one children under 13 was 5.9㎡ and based on walking use area(250m), average number of parks available by autonomous district was eight. As a result of the analysis of characteristics of distribution of children's parks, they are densely located in old downtowns or the distribution density was relatively high in newly developed areas such as Osong-eup or Ochang-eup. However, outer rural areas have no children's parks or relatively low rate. As a result of the analysis on population structure and co-efficient of park location, in nine autonomous districts, aged group is increasing, leading to decrease use of children's parks. If resident rate aged group is higher in the region where a children's park is located, it is necessary to re-compose the existing one to different one or to change purposes of parks to be planned. Also, in the area with similar rates in both children's group and aged group, composing complex parks for both of them could be considered. This study has limitations by not conducting field studies about the current status of use of children's parks in areas where the population structure has been changing and not suggesting specifically new types of parks according to changes in population structure. It is necessary to conduct the following studies about relationship between children's parks and policies for composing parks responding to changes in population structure in neighboring regions in future.

Do Economic Variables Affect fertility\ulcorner A Critical Review on the Income Theory and Relative Economic Theory (출산력변동에 미치는 경제적변인에 관한 고찰)

  • Kuk, Minho
    • Korea journal of population studies
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    • v.11 no.1
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    • pp.131-145
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    • 1988
  • There was a rapid population change accompanied with changes in population structure recently in Korea. The changes were nationwide though greater in rural, where the population decreased steeply, through the internal migration from rural to urban. There, in the structure of Gun's population, severely distorted features have been shown in the study. Also, the structure differ greatly by Gun. It indicated that the rural problems were much more serious than anticipated when analyzed generally. It tells us that we should consider the problems related with different population structure in developing the programs for the rural.

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Fluctuations in the Abundance of Common Squid, Todarodes pacificus and Environmental Conditions in the Far East Regions during 52 Years

  • Gong, Yeong;Jeong, Hee-Dong;Choi, Kwang-Ho;Seong, Ki-Tack;Kim, Sang-Woo
    • Journal of Ecology and Environment
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    • v.29 no.1
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    • pp.1-16
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    • 2006
  • Environmental variables, fishing and biological data of the common squid, Todarodes pacificus were used to describe changes in structure, migration and abundance of the squid population in relation to ocean climate shifts. It was possible to consider the main groups of the squid (autumn and winter-spawned groups) as a single population to aid conservation in the waters around Korea and Japan (TWC and KOC regions). The patterns of yearly fluctuations in abundance of the squid population in the two regions were the same during 52 years of $1952{\sim}2003$. The abundance of the squid began to decrease in both regions in the early 1970s, remained low in the 1980s and the main squid groups synchronously increased in the 1990s coincident with favorable changes of thermal conditions and plankton production in those ecosystems. The mechanisms of changes in the structure, distribution and abundance of common squid population in relation to current-mediated migration circuits are explained on the basis of phenological variables responding to climate shifts.