• Title/Summary/Keyword: Context-dependent model

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Study on the Impact of Joining the CPTPP on the Korean Auto Industry (CPTPP 가입이 국내 자동차산업에 미치는 영향 연구)

  • Jung-Ran Cho
    • Korea Trade Review
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    • v.45 no.1
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    • pp.137-153
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    • 2020
  • On February 14, 2019, the government of Korea formally decided to consider the feasibility of joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) and has since been conducting bilateral consultations with individual member countries. In terms of the impact estimation, the CPTPP is actually a Korea-Japan FTA, and the most sensitive issue in the FTA is the opening of the auto industry market to Japan. Despite these circumstances, previous studies have predicted that the auto industry will be a beneficiary industry when joining the CPTPP. However, the Korean auto industry is opposed to joining the CPTPP. In order to investigate the cause of this discrepancy, this paper examines the problems of previous studies in estimating the impact of joining the CPTPP and found that the preceding study did not consider the industrial characteristics of the auto sector, especially in the context of Japan-Korea trade, and was heavily dependent on the Armington elasticity (structure) in the demand function of the GTAP CGE model. As a result, the domestic auto sector could lower prices and increase exports when joining the CPTPP. This paper attempts to precisely re-estimate the impact of joining the CPTPP on the auto sector in a way that corrects these problems by changing the CGE model and reflecting the major characteristics of the industry, with policy implications for the negotiation of CPTPP accession.

A Study on the Influence of Commercial Facility Diversity on the Formation of Consumption Centre: Application of Spatial Regression Models (상업시설의 다양성이 소비중심지 형성에 미치는 영향에 관한 연구: 공간회귀모형의 적용)

  • Sul-Hee Kim;Heung-Soon Kim
    • Land and Housing Review
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    • v.15 no.1
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    • pp.57-75
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    • 2024
  • To create dynamic and bustling urban environments, a diverse array of commercial facilities is indispensable. These facilities are recognised as pivotal in attracting and accommodating a larger floating population, thereby suggesting that a greater diversity of commercial establishments fosters heightened consumer expenditure. With this premise, our study endeavours to explore the influence of commercial facility diversity on the Consumer Centre Index. Focused on the temporal context of 2021 and the spatial context of Seoul, our analysis utilizes the Consumer Centre Index, derived from Kernel Density analysis, as the dependent variable. Independent variables encompass factors reflecting commercial attributes and urban characteristics. Employing spatial regression analysis at the administrative district level, we discern that the clustering of similar industries exerts a more pronounced positive effect on consumer activation compared to the clustering of disparate industries. Additionally, the findings underscore the importance of concentrating industries that bolster consumer activation. Anticipated outcomes of this study include insights beneficial for optimizing commercial facility location policies within the consumer market.

Developing the Purchase Conversion Model of the Keyword Advertising Based on the Individual Search (개인검색기반 키워드광고 구매전환모형 개발)

  • Lee, Dong Il;Kim, Hyun Gyo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.1
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    • pp.123-138
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    • 2013
  • Keyword advertising has been used as a promotion tool rather than the advertising itself to online retailers. This is because the online retailer expects the direct sales increase when they deploy the keyword sponsorship. In practice, many online sellers rely on keyword advertising to promote their sales in short term with limited budget. Most of the previous researches use direct revenue factors as dependent variables such as CTR (click through rate) and CVI (conversion per impression) in their researches on the keyword advertising[14, 16, 22, 25, 31, 32]. Previous studies were, however, conducted in the context of aggregate-level due to the limitations on the data availability. These researches cannot evaluate the performance of keyword advertising in the individual level. To overcome these limitations, our research focuses on conversion of keyword advertising in individual-level. Also, we consider manageable factors as independent variables in terms of online retailers (the costs of keyword by implementation methods and meanings of keyword). In our study we developed the keyword advertising conversion model in the individual-level. With our model, we can make some theoretical findings and managerial implications. Practically, in the case of a fixed cost plan, an increase of the number of clicks is revealed as an effective way. However, higher average CPC is not significantly effective in increasing probability of purchase conversion. When this type (fixed cost plan) of implementation could not generate a lot of clicks, it cannot significantly increase the probability of purchase choice. Theoretically, we consider the promotional attributes which influence consumer purchase behavior and conduct individuals-level research based on the actual data. Limitations and future direction of the study are discussed.

Glucose-dependent insulinotropic polypeptide (GIP) alleviates ferroptosis in aging-induced brain damage through the Epac/Rap1 signaling pathway

  • Jiwon Ko;Soyoung Jang;Soyeon Jang;Song Park;Junkoo Yi;Dong Kyu Choi;Seonggon Kim;Myoung Ok Kim;Su-Geun Lim;Zae Young Ryoo
    • BMB Reports
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    • v.57 no.9
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    • pp.417-423
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    • 2024
  • Glucose-dependent insulinotropic polypeptide (GIP), a 42-amino-acid hormone, exerts multifaceted effects in physiology, most notably in metabolism, obesity, and inflammation. Its significance extends to neuroprotection, promoting neuronal proliferation, maintaining physiological homeostasis, and inhibiting cell death, all of which play a crucial role in the context of neurodegenerative diseases. Through intricate signaling pathways involving its cognate receptor (GIPR), a member of the G protein-coupled receptors, GIP maintains cellular homeostasis and regulates a defense system against ferroptosis, an essential process in aging. Our study, utilizing GIP-overexpressing mice and in vitro cell model, elucidates the pivotal role of GIP in preserving neuronal integrity and combating age-related damage, primarily through the Epac/Rap1 pathway. These findings shed light on the potential of GIP as a therapeutic target for the pathogenesis of ferroptosis in neurodegenerative diseases and aging.

Performance Improvement of Vocabulary Independent Speech Recognizer using Back-Off Method on Subword Model (음소 모델의 Back-Off 기법을 이용한 어휘독립 음성인식기의 성능개선)

  • Koo Dong-Ook;choi Joon Ju;Oh Yung-Hwan
    • Proceedings of the Acoustical Society of Korea Conference
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    • spring
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    • pp.19-22
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    • 2000
  • 어휘독립 음성인식이란 음향학적 모델 훈련에 사용하지 않은 어휘들을 인식하는 것이다. 단어모델을 이용한 어휘독립 음성인식 시스템은 발음표기로 변환된 인식대상어휘에 대하여 문맥 종속형 부단어(context dependent subword) 단위로 훈련된 모델을 연결하여 단어 모델을 만들고 이 단어 모델로 인식을 수행한다. 이러한 시스템의 경우 훈련과정에서 나타나지 않는 문맥 종속형 부단어가 인식대상어휘에서 나타나게 되고, 따라서 정확한 단어모델을 구성할 수 없다는 문제점이 있다 본 논문에서는 문맥 종속형 부단어 구분의 계층화를 통한 back-off 선택 방법을 이용하여 새롭게 나타난 문맥 종속형 부단어 대신 연결될 부단어 모델을 찾아내는 방법을 제안한다 제안된 선택 방법은 새롭게 나타난 문맥 종속형 부단어를 포함하는 상위의 부단어를 찾아내는 방법이다. 실험 결과 10단어 세트에서 $97.5\%$ 50단어 세트에서$90.16\%$ 100 단어 세트에서 $82.08\%$의 인식률을 얻었다.

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Determinants Influencing the Conversion of Financial Statements: The Case of Multinational Firms in Vietnam

  • TRAN, Manh Dung;NGO, Thi Tuyet Mai;PHAN, To Uyen;DO, Duc Tai;PHAM, Thi Thuy Hang
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.17-27
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    • 2020
  • The research aims to investigate the impact levels of determinants on the conversion of financial statements from Vietnamese accounting standards (VAS) to International financial reporting standards (IFRS) in the multinational firms in Vietnam. The method of data collection was done through the survey and subjects are accountants in Multinational Firms doing business in Hanoi and ten neighboring provinces. After checking the information on the votes, there are 170 questionnaires with full information for data entry and analysis. We use Cronbach's Alpha, EFA analysis and run regression model to investigate the impact levels of each independent variable on dependent variable of the conversion of VAS financial statements to IFRS. The results show that five determinants including Economic, Politics, Law, Culture, and Conditions for implementation have positive relationships with the conversion of VAS financial statements to IFRS. In particular, Economic determinant is the most strongest. Based on the findings, some recommendations are given for improving the conversion of VAS financial statements to IFRS of multinational firms doing business in the context of Vietnam. The results are considered a useful reference for firms when making financial statements to transparently change the financial statement information and improve the quality of financial statement information.

A Quality Management Model Contingent to R&D Characteristics (연구개발 특성을 고려한 품질경영 모형)

  • Yoon, JaeWook
    • Journal of Korean Institute of Industrial Engineers
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    • v.43 no.2
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    • pp.90-99
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    • 2017
  • As the importance of R&D has increased, there have been various efforts to apply the quality management principles and tools to R&D activities in order to manage them effectively. The R&D sector differs from other value chains, so it may be difficult to apply quality management without proper considerations of R&D characteristics. This study describes the characteristics of R&D as high uncertainty and risk, diversity of R&D types, project-based activities, importance of strategic goals and business models, and importance of intangible assets. Three well accepted R&D quality management models are reviewed and implications for quality management and R&D characteristics are summarized. Based on these findings, the management targets of R&D quality management are classified into management level (organization, project) and management focus (process, output), and the contexts of R&D quality management are classified into R&D type (research, development) and market/customer requirement clarity (fluid, specific), and appropriate R&D quality management activities in each situations have been suggested.

Correlations between Refractive Index and Retroreflectance of Glass Beads for Use in Road-marking Applications under Wet Conditions

  • Shin, Sang Yeol;Lee, Ji In;Chung, Woon Jin;Choi, Yong Gyu
    • Current Optics and Photonics
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    • v.3 no.5
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    • pp.423-428
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    • 2019
  • Visibility of road-surface markings is one of the critical issues that should be secured for self-driving cars as well as human drivers. Glass beads are taking on the role of retroreflectors, and therefore are considered a necessity in modern pavements. In this context, retroreflectance is sensitively dependent not only on the refractive index of glass beads but also on that of the surrounding medium. This implies that the optimum refractive index of glass beads immersed in water, i.e. under wet conditions, is different from that of glass beads surrounded by air, i.e. under dry conditions. A refractive index of approximately 1.9, which is known to maximize retroreflectance under dry conditions, actually exhibits much poorer retroreflectance under wet conditions. This suggests that glass beads with optimal refractive index for wet conditions need to be installed together with those for dry conditions. We propose a facile but practical model capable of calculating retroreflectance of glass beads surrounded by an arbitrary medium, here water in particular, and experimentally verify its capability of assessing the refractive index of commercial glass beads. Changes in retroreflectance according to the mixing ratio of glass beads with different refractive indices are also discussed, in an effort to propose the proper use of glass beads produced for dry and wet conditions.

Factors Affecting Employee's Performance: An Empirical Study in Vietnam

  • DIEN, Nguyen Xuan;DUYEN, Dang Thi Thuy
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.295-302
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    • 2021
  • In the context of economic growth, the banking system has greatly contributed to a substantial rise in living conditions, connecting savings and investment, and economic growth. Since economic reform in 1986, Vietnam's banking system has increasingly expanded in quality and quantity of banks including state-owned, private-owned, and foreign banks. The aim of this study is to evaluate the main factors affecting employee's performance in the banking system in the case of an emerging economy of Vietnam. Using the pilot study by investigating three experts in a few banks in order to correct the questionnaires, and a mega sample data of 170 observations conducted from bank's staffs, and managers in Hanoi capital of Vietnam, empirical results demonstrate that the independent variables included in the model can explain 67% of the change of the dependent variable of employee's performance, and the rest (31%) can be explained by other reasons. Further, motivation (MO), and working ability (WA) have a positive and insignificant impact on employee's performance, reflecting that motivation, and working ability have insignificantly affected employee's performance. In contrast, four factors, namely, welfare, working environment, cooperation, and education have a positive and significant impact on employee's performance in the case of Hanoi, Vietnam.

Determinants of Bakery Revisit Intention: Case of Paris Baguette

  • Song, Myung-Keun;Moon, Joon-Ho;Lee, Won-Seok
    • Asia-Pacific Journal of Business
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    • v.11 no.1
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    • pp.1-16
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    • 2020
  • Purpose - The purpose of this research is to investigate the determinants of bakery revisit intention. This research selects Paris Baguette as the research context because the market share of Paris Baguette was the highest in Korean bakery market. Design/methodology/approach -This research employed revisit intention as the dependent variable, while this research chooses six attributes to account for revisit intention. Six attributes are price fairness, taste, product variety, accessibility, display, and membership. This research uses survey as the main instrument. For the data collection, online survey using Google survey form was implemented. The survey participants are domestic consumers of Paris Baguette. The number of observation is 245. For the data analysis, this study used frequency analysis, correlation matrix, exploratory factor analysis, reliability analysis, and multiple regression model. There are four control variables, which contains age, gender, visiting frequency, and monthly income. Findings - The results shows that price fairness, taste, product diversity, and accessibility are significant attributes with the positive effect. Among the significant attributes, taste presented the highest magnitude to explain the revisit intention. However, membership and display appeared as non-significant attributes to account for bakery revisit intention. Research implications or Originality - This study provides the bakery managers with the information to design their service and product. This study also contributes to the literature by understanding the consumer behavior more in the domain of bakery service.