• The Transactions of the Korean Institute of Electrical Engineers A
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• v.48 no.5
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• pp.531-537
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• 1999

This paper presents the evaluaton procedures and the estimation model for DSM potential on commercial sector in Korea. In general, the evaluation process of the potential savings for DSM measures or programs consists of baseline electricity consumption forecast and potential evaluation such as technical potential(TP), economic potnetial(EP), and achievable potential(AP). A library of energy conservation measures applicable to each end-use or apparatus is developed, and energy savings and other factors are applied to the baseline demand estimates of consumption to produce potential savings estimates. The purpose of this paper is to establish the evaluation process of those DSM potential for commercial sector. In case study, we applied it to commercial sector for horizon years by end-use.

• Journal of Distribution Science
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• v.19 no.11
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• pp.49-57
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• 2021

Purpose: In this study, we try to figure out the appropriate size of commercial districts in the original downtown area through empirical studies targeting the Jinju Central Commercial Area in Gyeongnam and Cheonan Station in Chungnam, which are trying to regenerate a specific space that has been lost through government projects. Research design, data and methodology: The current status and characteristics of the shopping district were examined through on-site surveys of the central business district of Jinju, Gyeongnam Province, and Cheonan Station, Chungnam Province, and the size of the empty stores was determined. In addition, the standard median income was used as the survey data along with the survey of the mobile population in the commercial area. Result: The analysis result shows that 883 stores should be maintained considering the overall expenditure and gross sales profit within Cheonan Station in South Chungcheong Province. Currently, considering spending and margins in the Commercial Area, Jinju Central Commercial Area is a place where 222 stores can be sold excessively, and a proper commercial supply plan is needed. Conclusions: In this study, we conducted a demand prediction study in the commercial sector of the most basic sector to regenerate the commercial sector through major regional commercial districts.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.893-904
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• 2020

The study examines the relationship between credit risk and operational risk (understanding of risk management, risk identification, risk assessment and control, and risk monitoring) on risk management practices followed by private and public sector commercial banks. The cross-sectional data method was used to check the impact of risk management practices. Data was collected from the bank employees and a total of 284 respondents were finally selected for further analysis. Measurement Invariance of Composite Models analysis is used to test the quality of the measurement model for sub-samples, and multi-group analysis is used for path analysis in sub-sample through PLS-SEM. The findings of the study as the total sample show that both types of banks are managing adequate and significant risk management practices. On the other hand, sub-groups' results show private sector banks are more momentous than public sector banks. Risk identification is significantly different at the sub-group level, which shows public sector banks are more concentrating on this type of risk. Understanding of risk management has no significant effect on both types of banks and risk assessment & control for public sector banks, and there is a difference in the risk management practices among private and public sector commercial banks.

• Journal of the Korean Operations Research and Management Science Society
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• v.8 no.2
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• pp.45-56
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• 1983

This paper presents a generalized fuel choice model in which restrictive constraints on cross-price coefficients as Baughman-Joskow-FEA Logit Model need not be imposed, but all demand elasticities are uniquely determined. The model is applied to estimating aggregate energy demand and fuel choices for the residential and commercial sector. The structural equations are estimated by a generalized least squares procedure using national-level EPB, KDI, BK, KRIS, MOER data for 1965 and 1980, and other related reports. The econometric results support the argument that “third-price” and “fourth-price” coefficients should not be constrained in estimating relative market share models. Furthermore, by using this fuel choice model, it has forecasted energy demands by fuel sources in, the residential and commercial sector until 1991. The results are turned out good estimates to compare with existing demands forecasted from other institutes.

• Proceedings of the KIEE Conference
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• 1998.11a
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• pp.253-255
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• 1998

This paper presents the methodology of DSM potential evaluation and estimation of commercial sector in Korea. In general, the estimation process of the potential savings of DSM activities include the determination of baseline electricity consumption, the instantaneous technical potential (ITP), the phased technical potential (PTP), the economic potential (EP), and the achievable potential(AP). The purpose of this paper is to provide evaluation process of those DSM potential savings based on top-down approach and apply it to commercial sector.

• Journal of Environmental Impact Assessment
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• v.8 no.4
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• pp.59-72
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• 1999

The purpose of the study is to propose the concrete and realistic alternative measures for $CO_2$ emission reduction on commercial sector. To achieve the purpose, this study adopted AIM/KOREA simulation model modified from AIM(Asia-Pacific Integrated Model) originally developed by Japan National Environmental Research Institute. The results of simulation demonstrate that the $CO_2$ emission from the commercial sector in 1995 was estimated 864 million TC(tons of carbon); however, according to the base scenario, $CO_2$ emission in 2020 is expected to be increased to 1,872 million TC, which is 2.17 times greater than that in 1995. In order to mitigate the ever-increasing $CO_2$ emission, the results of AIM/KOREA simulations under various scenarios showed that the 30-thousand-won carbon tax scenario does not successfully motivate the selection of advanced technology; however, with the 300-thousand-won carbon tax, a substantial amount of $CO_2$ emission reduction by 1.69 million TC from the BaU((Business-as-Usual)scenario is expected to be achieved by year 2020. Such substantial reduction of $CO_2$ emission under the 300-thoudsand-won carbon tax scenario is due to the introduction of advanced technology, such as use of condensing boilers, forced by heavier carbon tax. Under the scenario that presumes the maximum introduction of gas-burning industrial appliances, an 2.66 million TC of $CO_2$ reduction was expected. The results of this study suggest that the $CO_2$ emission reduction measures can be interpreted in many different views. However, if people and industries are fully aware of the economic benefit of energy saving, a certain level of $CO_2$ reduction by a successful introduction of advanced energy saving technology appears to be achieved without carbon tax or subsidies.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.3
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• pp.19-26
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• 2017

Banks play a crucial role in bringing stability and economic development through their expected contribution in proper financial resource mobilisation across the economy. Despite the importance, there is little focus in recent literature which provided the empirical evidence how the global financial crisis affect the bank efficiency in Bangladesh. Thus, this paper aims to examine the effect of the global financial crisis and other factors on the efficiency of Bangladesh commercial banks. By employing the Data Envelopment Analysis (DEA) method, we computed the technical efficiency of individual banks operating in the Bangladesh banking sector during 2000 to 2013. The empirical findings indicate that the Bangladesh banking sector has exhibited the highest efficiency level during 2001, while efficiency seems to be at the lowest level during 2010. The study finds that crisis along with bank size, capital adequacy ratio, return on average equity and real interest rate have a significant effect on bank efficiency in Bangladesh. In order to keep the sound financial development of Bangladesh, banks operating in the Bangladesh banking sector have to consider all the potential technologies which could improve their profit efficiency levels, since the main motive of banks is to maximise shareholders' value or wealth through profit maximisation.

• Journal of Information Technology Services
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• v.15 no.4
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• pp.25-39
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• 2016

The drone is an unmanned aerial vehicle which has no human pilot. Drones can be classified into military drones, commercial drones, and personal drones by usage. Also, drones can be classified from large-sized to nano-sized drone by size and autonomous, remote controlled drone by control type. Especially, military drones can be classified into low-altitude drones, medium-altitude, and high-altitude drones by altitude. Recently, the drone industry is one of the fast growing industries in the world. As drone technologies have become more advanced and cost-effective, Korean government has set its goal to become a top-level country in drone business. However, the government's strict regulation for drone operations is one of the biggest hurdles for the development of the related technologies in Korea and other countries. For example, critical problems for drone delivery can be classified into technical issues and institutional issues. Technical issues include durability, conditional awareness, grasp and release mechanisms, collision avoidance systems, drone operating system. Institutional issues include pilot and operator licensing, privacy rules, noise guidelines, security rules, education for drone police. This study analyzes the trends of the drone industry from the viewpoint of technology and regulation. Also, we define the business areas of drone utilization. Especially, the drone business types or models for public sector are proposed. Drone services or functions promoting public interests need to be aligned with the business reference model of Korean government. To define ten types of drone uses for public sector, we combine the business types of government with the future uses of drones that are proposed by futurists and business analysts. Future uses of drones can be divided into three sectors or services. First, drone services for public or military sectors include early warning systems, emergency services, news reporting, police drones, library drones, healthcare drones, travel drones. Second, drone services for commercial or industrial services include parcel delivery drones, gaming drones, sporting drones, farming and agriculture drones, ranching drones, robotic arm drones. Third, drone services for household sector include smart home drones.

• Environmental and Resource Economics Review
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• v.3 no.1
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• pp.199-222
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• 1993

• Journal of Climate Change Research
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• v.6 no.4
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• pp.291-302
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• 2015

Vulnerability due to climate change depends on the concentration of carbon dioxide emissions over several upcoming decades. The objective of this study is to estimate the concentration of greenhouse gases and air pollutants in 2100, while also accounting for expected socio-economic changes in Korea. First, we intend to prepare scenarios for possible socioeconomic changes in Korea: business as usual (BAU), high growth and low growth. Secondly, we aim to predict services demands in residential?commercial sector, transportation sector, industrial sector for each scenarios. Finally, the emissions of LLGHG and SLCP will be estimated on the basis of the predicted service demands. The study results project that in Korea, LLGHG emissions will be approximately $660Mt\;CO_2\;eq$. and SLCP emissions will be approximately 3.81 Mt, -including black carbon (BC) by 2100. The transportation and industrial sectors are the major source for LLGHG emissions, and the residential and commercial sector serve as the SLCP source. Later, additional studies on the cost and benefit of mitigation should be carried out by comparing the reduced use of materials that cause climate change as a result of reduction policies and the socioeconomic cost.