• Journal of Information Technology Applications and Management
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• 제29권2호
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• pp.17-25
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• 2022

Although the two types of currencies compete, the possibility of a virtual currency price bubble is diagnosed by assuming an economic model with currencies (won, virtual currency) that are intrinsically worthless. The won is supplied by the central bank to achieve the price stability target, while the supply of virtual currency increases by a fixed number. According to the basic price theory equation, as a simple proposition, cryptocurrency prices form a Martin Gale process [Schilling and Uhlig, 2019, p.20]. Based on the existing theoretical proposition, we applied the variance ratio verification method [Linton and Smetanina, 2016] and a simple technical chart method for empirical analysis. For the purpose of this study, the possibility of a bubble was empirically analyzed by analyzing the price volatility formed in the Korean virtual currency market over the past year, and brief policy implications for this were presented.

• 한국생활과학회지
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• 제14권4호
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• pp.593-611
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• 2005

The purpose of this study is to explore the consumption cultural meaning of Community Currency Movement - a substitute currency institution - through an analysis of consumption behaviors and attitudes of Hanbat-LETS participants, who are recognized as the most active among Korea Community Currency Movements. The analytical method adopted in this study is the participation and observation method, along with the Focus Group Interview. Major findings are as follows: Hanbat-LETS participants experienced the following consumption behaviors and attitudes: economical consumption behavior creating the currency value, sustainable consumption behavior, consumption behavior shared with community, consumption behavior free from the need of competition and ownership, satisfaction from offering one's property, equal status and relationship among members, merry and happy attitude toward life. Community Currency Movement implies the consumption cultural meaning as followings: emergence of alienation through the realization of community society, practice of environment-friendly value, activation of region economy, development of one's ability and means of redemption of unemployment, construction of trustworthy society via trust.

• 디지털융복합연구
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• 제19권12호
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• pp.303-309
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• 2021

본 연구는 디지털 화폐 시대의 도래에 따라 한국 경제가 CBDC(Central Bank Digital Currency)를 사용할 경우의 효과를 살펴보고 CBDC의 대응전략을 논의하기로 한다. 이를 위해 디지털화폐의 정의와 각국의 CBDC의 개발단계를 검토하고, CBDC의 특징과 진행 현황, 그리고 CBDC의 국제화 가능성에 대해 살펴보았다. 연구결과, CBDC의 발행은 신용리스크를 감소시키고 현금과 대비하여 거래의 투명성을 제고할 수 있으며, 통화정책의 여력을 높일 수 있는 장점이 존재함을 알 수 있었다. 한편, 금융시장에서 기존 금융기관의 신용 기능이 축소되거나 자금 중개기능이 약화되고 금융 소외 등의 부작용도 발생할 수 있다. 그럼에도 불구하고 CBDC의 발행은 원화의 국제화 가능성을 제고할 수 있는 중요한 기회이므로 디지털 기축통화를 향한 각국의 경쟁과 협력에 발맞추는 선제적인 조치가 필요하다. 또한 우리나라가 보유한 비교우위를 통해 디지털 금융환경을 가속화하고 CBDC 발행을 통해 금융산업 및 원화의 국제화를 이루려는 전략적 대응이 필요하다. CBDC 설계 초기부터 다른 중앙은행들과의 협력을 통해 국제적 합의를 마련하고 디지털 화폐로의 전환 시기에 맞는 적극적인 정책 개발이 이루어져야 할 것이다.

• 한국인터넷방송통신학회논문지
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• 제23권6호
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• pp.109-117
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• 2023

최근 들어 현실 세계에 새로운 가치를 창출하는 메타버스에 대한 관심이 높아졌다. 그런 메타버스를 쉽게 체험할 수 있게끔 기존 수집형 AR 게임 형태에서 벗어나서 랜드마크를 기반으로 사용자가 주도적으로 환경을 탐사하고 콘텐츠를 즐기는 체험형 메타버스 AR 게임을 개발하였다. 메타버스의 중요한 특징으로는 현실세계와의 연결성, 상호작용성, 디지털 통화가 있다. 해당 게임은 AR을 통하여 일상의 연장을 추구하고, 실시간 채팅 및 팀 경쟁을 통하여 상호작용성을 만족하려 한다. 마지막으로 상점 시스템을 통하여 디지털 통화를 구축한다. 모바일 게임으로 구현하여 스마트폰만 있다면 언제든 접속할 수 있게 하여 접근성을 높였다.

• 산경연구논집
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• 제8권2호
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• pp.5-10
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• 2017

Purpose - The purpose of this paper was to analyze the Chinese government's announcement of the RMB's appreciation on July 1, 2010, and its aim was to ascertain whether the appreciation has affected Chinese export prices by empirically measuring the degree of the exchange rate pass-tough on those prices. Research design, data, and methodology - Using 73 HS trade categories with cross-industry and time-series data, the panel estimation of a fixed-effects model has been applied to measure the degree and stability of any exchange rate pass-through effects. The estimation results show that the export prices of most trade categories were affected by the exchange rate changes. The pass-through effect was generally small, at about -0.485, and statistically significant in most export prices. Results - The empirical results indicate that China would lose its advantage and competitiveness in export if the RMB were appreciated continuously and rapidly because its export goods would no longer operate under strong monopolistic competition. Conclusions - The implications for China's exchange rate policy suggest that it would be better for the RMB to appreciate slowly and gradually rather than radically. It is clear that it would be allow the capital free flow in Chinese overall economic interest to reduce the continuous appreciation pressure on the currency and pave the way for improvements in export distribution competitiveness.

• 무역학회지
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• 제48권2호
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• pp.129-151
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• 2023

본 연구는 국내 주요 수입 수산물- 냉동명태, 냉동고등어, 냉동참치 그리고 냉동어란- 시장을 대상으로, 각 수출국이 차지하는 시장점유율에 따라, FTA 발효가 환율전가도에 미친 영향이 어떻게 달라지는 지 살펴 보았다. 이에 더하여 각 수출국이 차지하는 시장점유율이 원화표시 수출가격 환율전가도에 미친 영향 뿐만 아니라, 수출국들의 가격경쟁구조에 미친 영향 역시 살펴보았다. 이를 위해, 본 연구는 2010년 1월부터 2019년 12월까지 각 수출국의 원화표시 수산물 수출가격과 각 수산물 수입시장에서 개별 수출국별 교차환율의 월별 자료를 이용하여, 최대우도법(Maximum Likelihood)을 바탕으로, 각 수출국의 원화표시 수출가격함수를 추정하였다. 분석 결과, FTA 발효가 환율전가도에 미친 영향은 수출국인 FTA 회원국이 차지하는 시장점유율과 높은 상관관계에 있음을 발견하였다. 하지만 수출국이 차지하는 시장점유율과 원화표시 수출가격 환율전가도 그리고 다른 경쟁국의 수출가격에 미친 영향 사이에서는 뚜렷한 관계를 파악하기 어려웠다. 본 연구 결과를 통해, 국내 수산업자들은 국내 주요 수산물 수입시장에서 각 수출국들이 차지하는 시장점유율에 따른 환율전가도 차이 및 FTA 발효가 환율전가도에 미친 영향의 차이 그리고 수출국들 사이의 가격경쟁구조를 이해하는 데 중요한 자료가 될 것이라 예상된다. 뿐만 아니라, 각 수산물 수입시장에서 차지하는 시장점유율에 따라, 각 수출국별로 FTA 발효 이후, 환율이 국내 수산업에 미치는 영향에 대응할 수 있는 방안에 관해 생각해 보는 데 도움이 될 것이라 사료된다.

• 한국작물학회:학술대회논문집
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• 한국작물학회 1998년도 21세기 한반도 농업전망과 대책(한국작물학회.한국육종학회 공동주관 심포지움 회보)
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• pp.336-352
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• 1998

The horticultural seed industry has made great progress in the last fifty years of its history after the independence of this country. The industry has accomplished self-sufficiency in major vegetable seeds and has even gained international competitive edge in certain crop seeds, particularly in hybrid cultivar development. However, the industry is facing a crisis at present coming from excessive competition among the domestic seed companies as well as the foreign currency crisis of the country. Several major seed companies have already been acquired by multinational corporations. Many people in the country as well as agriculturists are concerned about this situation. Although it is true that the industry is undergoing hard times, this crisis can be turned into a chance for making new progress depending on the joint efforts of the groups responsible, i.e., private companies, public institutions, and policy makers. Therefore, we have to turn this crisis into an opportunity for self-reform and progress. We should not be discouraged or give up. We Propose some ideas for the Progress of the seed industry. Public institutions and policy makers should do such things in cooperation as 1) training human resources for future breeders, 2) securing a wide range of genetic resources and improvement of the management system, 3) basic science research including biotechnology, 4) releasing breeding stocks from germplasm enhancement through use of exotic accessions, 5) support for breeding region- or use-specific cultivars, and 6) collection of foreign agricultural information for breeding cultivars for overseas markets. Eventually the responsible group for the final development of commercial cultivars, production, sales and management is private companies. Therefore, private companies also should have to do their best to develop competitive cultivars with a missionary spirit and endeavor for both domestic and overseas markets in cooperation with public institutions. Management based on competition, professionalism and rationalism is also urged. We are going to conclude with optimism that we can make a new vault of progress once the private and public sectors closely cooperate for the development of Korean horticultural seed industry by overcoming this crisis.

• 환경정책연구
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• 제2권1호
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• pp.1-29
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• 2003

This paper examines the dynamics of environmental policy development in Korea by reviewing some of the ways on how the policy windows have been opened. There are a lot of theoretical arguments about the major factors influencing policy development or changes. Many scholars have believed that severe pollution accidents or salient environmental episodes might have been the main motivation of environmental policy development. This line of argument seems valid, especially with the water pollution control policy in Korea. Water pollution control programs had rapidly expanded along with the series of water pollution accidents in the tap water sources from the late 1980s to mid-1990s. However, regarding other major env. issues, various other factors have played more important roles in the development of the relevant policies. In case of air pollution control policy international sport events such as, 1986 Asian Games, 1988 Summer Olympics, and 2002 World Cup Competition, have contributed for the development. The municipal solid waste management policy partly owed its development to the introduction of local autonomy system in the mid-1990s. Even the foreign currency crisis occurring in December 1997 helped the policy paradigm shift from rigid supply-oriented to soft demand-oriented approaches. After closely looking at the dynamics of environmental policy development in Korea, this paper tries to identify the logical background of the observed outcomes.

• 한국의류학회지
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• 제32권3호
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• pp.474-485
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• 2008

The purpose of this study is to examine the determinants and elements to enhance Korean international competitiveness, employing Porter's(1998) Diamond Model. Half of the 500 leading apparel exporters that were members of the Korea Apparel Industry Association in 2003 were selected as the target of this research. From May to June of 2003, survey questionnaires were sent to executives of these 250 companies in person or by telephone, e-mail, or fax. Seventy questionnaires were used for the final data anlysis. The items used were Reliability, Categorical Regression, and Frequency, using SPSS 11.5. The results were as follows: First, as a result of analyzing the influence of international competitiveness in Korean apparel industry, the firm's strategy, structure, and rivalry was the most influential factor. Others were related and supporting industries, government, chance, demand conditions, and factor conditions. Also, the elements that affect Korean international competitiveness were listed as the level of price competition in foreign markets, the level of labor cost, export marketing capacity, and exchange fluctuation. The most important element to improve the international competitiveness of the Korean apparel industry was a demand growth rate of the overseas markets(Demand Conditions), followed by the level of the labor costs(Factor Conditions), the capability of internationalization(Firm Strategy, Structure, and Rivalry), the change of currency(Chance), the quality and management of products(Demand Conditions), the capability of planning products(Firm Strategy, Structure, and Rivalry), free trade from 2005(Chance), and global sourcing strategy(Firm Strategy, Structure, and Rivalry). Korea's main rival country in apparel related and supporting industry factors is China. However, Korea has a higher level of technology development, quality, and price level than China.

• 산업융합연구
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• 제14권2호
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• pp.33-38
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• 2016

The Korean shipbuilding industry, which started in the 1970s with the advance of three shipbuilding companies, has been ranked as the world's largest and most successful model of the heavy and heavy chemical industry in the world since the 1990s, and has become a driving force for Korea's economic growth for several decades, including job creation and trade surplus. The domestic shipbuilding industry has won a lot of orders in favorable market environment, expanded facilities and manpower, built many ships and delivered them to shipowners, earning a lot of foreign currency and creating a 'successful myth.' However, when the global economic crisis broke out in 2008, shipbuilding in Chosun was stagnant and shipbuilding orders sharply decreased.As the facility and manpower increased in the boom period, the economy and the facilities become overcrowded as a result of the crisis, signs of a crisis in 2013 begin to appear. In 2015, three major Korean shipbuilders lost more than 6 trillion won in operating losses. Now, Korea's shipbuilding industry is facing a crisis such as massive insolvency and restructuring. Would not it have been possible to prevent the loss and restructuring of a trillion won if we recognized the recession of the global economy and understood the appropriate timing of technological innovation and prepared countermeasures against the crisis? Therefore, we analyze trends and trends of global shipbuilding industry such as Europe, China, and Japan in the competition structure of the shipbuilding industry and identify the problems of our shipbuilding industry and suggest suggestions.