• Title/Summary/Keyword: Commercial Policy

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An Analysis and Design of Efficient Community Routing Policy for Global Research Network (글로벌연구망을 위한 효율적인 커뮤니티 라우팅 정책의 분석 및 설계)

  • Jang, Hyun-Hee;Park, Jae-Bok;Koh, Kwang-Shin;Kim, Seung-Hae;Cho, Gi-Hwan
    • Journal of Internet Computing and Services
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    • v.10 no.5
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    • pp.1-12
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    • 2009
  • A routing policy based on BGP community routing permits to select a specific route for particular network by making use of user-defined routing policies. Especially, community based routing policy is recently getting a great concern to enhance overall performance in the global research networks which are generally inter-connected large number of different characterized networks. In this paper, we analyze the community routing which has been applied in existing global research networks in the network performance point of view, and catch hold of problems caused by the routing performance in a new global research network. Then, we suggest an effective community routing policy model along with an interconnection architecture of research networks, in order to make correct some wrong routings and resolve an asymmetric routing problem, for a new global research network. Our work is expected to be utilized as an enabling base technology to improve the network performance of future global research networks as well as commercial networks.

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A Study on Policy Model for Improving Market Performance of Korean Performing Arts in International Cultural Exchanges (국제문화교류에서 전통공연예술의 시장성과 제고를 위한 정책 모형 연구)

  • Goo, Moon-mo
    • Review of Culture and Economy
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    • v.20 no.3
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    • pp.61-85
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    • 2017
  • It is recognized universally that international cultural exchanges have the potential to weaken ethnic rivalries and conflicts and promote cultural diversity rather than commercial interests. However, there are often cases in which these exchanges are transformed into private businesses with a great success in markets due to changes in cultural consumption patterns. This research aims to analyze the performance of international cultural exchanges and to develop a policy model that can guide the overseas market performance for Korean traditional performing arts. This study analyzes domestic and foreign cases for comparison. The domestic case is drawn from the research report published by Korea Arts Management Service and the foreign case is Ireland's Riverdance. The results of this study indicate that the policy political model in which a traditional culture may be translated globally with innovative performing activities has the potential to raise market performance overseas.

Efficiency and its Determinants of Malaysian Banks: by DEA Model and SEA Model (DEA와 SEA를 이용한 말레이시아 은행산업의 효율성에 관한 연구)

  • Park, Seok-Gang
    • International Area Studies Review
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    • v.16 no.1
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    • pp.101-122
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    • 2012
  • This present paper examines stochastic cost functions of Malaysian commercial bank from 1991 to 1997 periods catches the changes un their management structure and technical efficiency. Then we also discuss policy implications for bank integration and competition policy which is the part of current financial reform that reinforces the banking sector. The present paper contributes to the expansion of their study in two respects. Firstly, we have estimated the cost function, availing ourselves of SEA based on a parametric approach. Secondly, our model also includes as a factor the existence of bad debts. According to our results, we observed economies of scale clearly, but economies of scope and technological progress were not observed. Regarding the policy implications, the result of our analysis suggests strongly that the current policy is appropriate.

Traditional Korean Medicine Usage and Perception: a comparative study between the general population and the disabilities

  • Han, Ji-Eun;Kim, Jihye;Kim, Kyeong Han;Lee, Ji-Yeon;Sung, Soo-Hyun
    • Journal of Pharmacopuncture
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    • v.25 no.1
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    • pp.24-36
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    • 2022
  • Objectives: This study is a comparative analysis of the satisfaction and recognition characteristics for traditional Korean medicine (TKM) in people with disabilities and the general population of Korea. Methods: Here, 5,000 subjects were categorized into two groups based on a disability rating using the data from the 2017 National Survey for the Usage of Korean Medicine. The relationships among the sociodemographic characteristics, TKM usage status, recognition of TKM usage, and recognition of the effectiveness of the TKM treatment were analyzed based on the disease. The response reliability was verified using the chi-square test analysis method. Results: Disabilities corresponded with low rates of high school or higher education (44%, 83.5%) and no jobs (56.9%, 33.5%), mostly the status of the low-income class with a monthly household income of < 1,500 USD (50.9%, 10.5%), poor health conditions (55.2%, 9.8%), high chronic disease prevalence rate (69.0%, 19.9%), high medical care rate (11.2%, 0.5%), and low commercial health insurance subscription rate (44%, 74.2%). Furthermore, people with disabilities visited TKM institutions more often (88.8%, 74.1%) with a high frequency TKM usage rate of ≥ 1-2 times a month (26.2%, 15.3%). They also reported that the cost of using the TKM was very high (14.7%, 8.8%) and that primarily the application of insurance benefits should be improved (52.6%, 47.5%). The treatment effectiveness for diseases was high for musculoskeletal disorders for both people with disabilities and the general population. Conclusion: Preferential application of insurance benefits for musculoskeletal diseases must be extended to the TKM treatment as well, as people with disabilities have a high recognition for these conditions with TKM. It is difficult to perform randomized controlled trials on people with disability. Therefore, large-scale observational and cohort studies should be conducted. We hope this study will help establish a suitable TKM policy for people with disabilities.

A Big Data Analysis of Public Interest in Defense Reform 2.0 and Suggestions for Policy Completion

  • Kim, Tae Kyoung;Kang, Wonseok
    • Journal of East Asia Management
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    • v.4 no.1
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    • pp.1-22
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    • 2023
  • This study conducted a big data analysis study through text mining and semantic network analysis to explore the perception of defense reform 2.0. The collected data were analyzed with the top 70 keywords as the appropriate range for network visualization. Through word frequency analysis, connection centrality analysis, and an N-gram analysis, we identified issues that received much attention such as troop reduction, shortening of military service period, dismantling of the border area unit, and returning wartime operational control. In particular, the results of clustering words through CONCOR analysis showed that there was a great interest in pursuing the technical group, concerns about military capacity reduction, and reorganization of manpower structure. The results of the analysis through text mining techniques are as follows. First, it was found that there was a lack of awareness about measures to reinforce the reduced troops while receiving much attention to the reduction of troops in Defense Reform 2.0. Second, it was found that it is necessary to actively communicate with the local community due to the deconstruction and movement of the border area units, such as the decrease of the population of the region and the collapse of the local commercial area. Third, it was judged that it is necessary to show substantial results through the promotion of barracks culture and the defense industry, which showed that there was less interest than military structure and defense operation from the people and the introduction of active policies. Through this study, we analyzed the public's interest in defense reform 2.0, which is a representative defense policy, and suggested a plan to draw support for national policy.

How Do the Banks Determine Regulatory Capital, Risk, and Cost Inefficiency in Bangladesh?

  • RAHMAN, Mohammad Morshedur;CHOWDHURY, Md. Ali Arshad;MOUDUD-UL-HUQ, Syed
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.211-222
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    • 2020
  • This study examines simultaneous relationships between regulatory capital, risk, and cost-inefficiency for a sample of 30 commercial banks in Bangladesh from 2006 to 2018. To conduct the analysis, we used the Generalized Methods of Moments (GMM) in an unbalanced panel data framework. The empirical results show that there is a negative and significant relationship between capital regulation and credit, and overall risk. It is also evident from the results that the capital adequacy ratio is positively and significantly related to default risk and liquidity risk. Therefore, higher capitalized banks take an effort to prevent more credit risk and promote financial stability by reducing liquidity risk. Results also report that banks have been characterized as inefficient, less capitalized, and high risk. On the other hand, efficient banks are more stable but have a high level of liquidity risk. Besides, from the size of the bank, large banks are defined as having lower regulatory capital, are more risk seekers but stable with higher cost-efficiency. Notably, higher capitalized banks are more profitable and cost-efficient by reducing risk. Finally, this study also provides some insightful policy suggestions to the stakeholders.

The Status of Unilateral Arbitration Agreements Through the U.S. Case Laws (미국법원의 판례를 통한 선택적 중재합의의 지위)

  • Ha, Choong-Lyong;Park, Won-Hyung
    • Journal of Arbitration Studies
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    • v.17 no.1
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    • pp.77-95
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    • 2007
  • This article focuses on the history and evolution of the US court's attitude towards unilateral arbitration and dispute resolution clauses, but also considers the practical approach of national courts to theses clauses. It goes on to consider some potential pitfalls in the operation of unilateral clauses, which should be borne in mind when developing a strategy for bringing or defending a claim which falls within the scope of a unilateral clause. There can be few objections to the general validity of unilateral arbitration clauses. The principle of party autonomy is the driving force behind international arbitration and, provided it is tolerably clear that the parties intended the arbitration clause to operate unilaterally, courts should be reluctant to interfere with the parties' agreement. There are also no persuasive public policy reasons why such clauses should not be upheld in commercial agreements. In addition to the issue of whether such unilateral clauses are permissible under certain law, it is important to be aware of how they should properly operate in practice, that is, useful guidance on the subject of the proper operation and effect of such clauses where they are intended to be used to enable a party to decide whether, and in what circumstances, a claim should be referred to court or to arbitration.

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Space Radiation Measurement on the Polar Route onboard the Korean Commercial Flights

  • Hwang, Jung-A;Lee, Jae-Jin;Cho, Kyung-Suk;Choi, Ho-Sung;Rho, Su-Ryun;Cho, Il-Hyun
    • Journal of Astronomy and Space Sciences
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    • v.27 no.1
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    • pp.43-54
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    • 2010
  • This study was performed by the policy research project of Ministry of Land, Transport and Maritime Affairs, which title is "Developing safety standards and management of space radiation on the polar route". In this research, total six experiments were performed using Korean commercial flights (B747). Three of those are on the polar route and the other three are on the north pacific route. Space radiation exposure measured on the polar route is the average 84.7 uSv. The simulation result using CARI-6M program gives 84.9 uSv, which is very similar to measured value. For the departure flight using the north pacific route, the measured space radiation is the average 74.4 uSv. It seems that is not so different to use the polar route or not for the return flight because the higher latitude effect causing the increase of space radiation is compensated by the shortened flight time effect causing decreasing space radiation exposure.

Estimation Economic Value of Multi-Functionality and Preservation Program of Traditional Stone Fences in Korea (내륙지방 전통담장의 가치평가 및 보전 방안)

  • Rhee, Sang-Young
    • Journal of Korean Society of Rural Planning
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    • v.13 no.2
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    • pp.51-61
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    • 2007
  • The purpose of this paper is to estimate the economic value of Multi-functionality Roles including landscape and so on, which traditional stone fences in Korea possess, using Dichotomous Choice Contingent Valuation Method (DC-CVM). The stone fences is life cultural heritance of regional residents. It has functions like Development of Favorable Landscapes, Maintenance of Cultural Heritage, and Recreation/Relaxation. Expectation from regional visitors shows that the existence and inheritance value of the stone wall is higher then we expected. According to the research that we had done from the people that had agreed to contribute the stone wall. moreover the public commercial value of regional tradition stone was not only 2,900 billion won but also it will increase an economic gain in every year. Therefore, preserving the stone wall that has Multi-functional Roles and values can lead to huge economic value in the future. But farmhouses in the stone wall conservation area are being supported 9 billion won in every year. This is only 0.03% of the income that farmhouse earns per year. Thus, stone wall preservation policy and plan can raise green-tour commercial value of inland area as a long-term inside measurement. Those will have to be propelled continuously.

Estimation Economic Value of Multi-functionality and Preservation Program of Stone Fences in Jeju (제주 전통돌담의 가치평가 및 보전 방안)

  • Rhee, Sang-Young
    • Journal of Korean Society of Rural Planning
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    • v.12 no.2 s.31
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    • pp.27-35
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    • 2006
  • The purpose of this paper is to estimate the economic value of Multi-functionality Roles including landscape and so on, which the stone fences in Jejudo possess, using Dichotomous Choice Contingent Valuation Method(DC-CVM). The stone wall is life cultural heritance of Cheju islanders. It has functions like Development of Favorable Landscapes, Maintenance of Cultural Heritage, and Recreation/Relaxation. Expectation from Cheju visitors shows that the existence and inheritance value of the stone wall is higher then we expected. According to the research that we had done from the people that had agreed to contribute the stone wall, the result was that the public commercial value of Cheju tradition stone will increase every yew(2006: 367 billion won, 2011: 437.1 billion won). Therefore, preserving the stone wall that has Multi-functional Roles and values can lead to huge economic value in the future. But farmhouses in the stone wall conservation area are being supported 6 million won every year. This is only 10% of the income that farmhouse ems per year. Thus, stone wall preservation policy and plan that can raise green-tour commercial value of Cheju Island of long-term inside measurement will have to be propelled continuously.