• 제목/요약/키워드: Earning Rate

검색결과 59건 처리시간 0.024초

한국 제조업에 대한 외국인직접투자지수의 측정 (The Measurement of Foreign Direct Investment Index to the Korean Manufacturing Industry)

  • 최동수
    • 통상정보연구
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    • 제11권3호
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    • pp.391-408
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    • 2009
  • This study first designates the factors affecting Foreign Direct Investment (FDI) in order to analyze the FDI in Korea, and calculates the Korean FDI index by using various designated variables and by applying Factor Analysis Technique. In addition, it attempts to understand the influence wielded by the foreign investment variables of foreign multinationals on FDI in Korea, by setting to analyze & verify Environmental Factors and the overall model based on FDI in Korea. Through an emprical analysis of USA, Japan, EU, China, as our hypothesis, we could verify that the positive effects(+) among the decisive factors of FDI in Korea include the market size, the mean earning rate of domestic manufacturing industries, and the marketing capacities of foreign corporations, while the negative effects(-) include the ratio of taxation on domestic manufacturing industries. Other FDI factors have various effects on each, so some factors show the same effects as the hypothesis while others show separate effects. In addition, the only nation for which the effects of FDI factors in Korea coincide with the hypothesis completely is the USA, while other nations (such as Japan, EU, China) have some effects that conform to the hypothesis, but other effects do not accord with it.

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KOSPI200 수익률 변동성의 장기기억과정탐색 (Empirical Study of the Long-Term Memory Effect of the KOSPI200 Earning rate volatility)

  • 최상규
    • 한국산학기술학회논문지
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    • 제15권12호
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    • pp.7018-7024
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    • 2014
  • 본 연구에서는 GPH(Geweke and Porter-Hudak, 1983) 추정량을 이용하여 KOSPI200지수의 제곱수익률과 절대수익률을 장기기억속성이 있는지 실증분석을 수행하였다. GPH는 장기기억보전 시계열 모수 d를 직선회귀에 의해서 추정하였으며 이를 GPH 추정량이라고 하며 이는 대역폭 m에 의존한다. m값에 따른 GPH추정량의 자취를 확인하여 추정 값이 안정적인 구간을 확인하여 m을 결정한다. 분석 결과 KOSPI200지수의 제곱수익률과 절대수익률은 0< d <0.5를 만족하여 장기기억 속성을 가지고 있는 것으로 나타났다.

Higher Education Expansion and Labor Market Outcomes: The Case of Vietnam

  • TRUONG, Ha Thu;NGUYEN, Tue Dang
    • The Journal of Asian Finance, Economics and Business
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    • 제8권2호
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    • pp.1263-1268
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    • 2021
  • This study investigates how dramatic increase of university and college graduates affects labor market outcomes. Using a series of seven repeated cross sections of the Vietnam Household Living Standards Surveys, this paper analyzed the changes in the rate of returns to higher education attainment along with the increased supply of university and college graduates due to the higher education expansion throughout the 2002-2014 period. The study utilized a ratio of number of university and college students to the number of upper-secondary pupils within each province as an instrumental variable to calculate the effects of higher education expansion on the labor wage. The study found that, with the basic equations, the coefficients for higher education attainment are statistically significant and have positive values for the whole period. Our instrumental variables were found to be valid. For instrumental variable estimation, the return to higher education in IV earning equations was quite high. The findings of this study suggested that the expansion of the higher education system in Vietnam during 2002-2014 had positive effects on wages for those who increased their education attainment due to the reforms and there was a declining trend of the returns to higher education toward the end of the period.

Applying advanced machine learning techniques in the early prediction of graduate ability of university students

  • Pham, Nga;Tiep, Pham Van;Trang, Tran Thu;Nguyen, Hoai-Nam;Choi, Gyoo-Seok;Nguyen, Ha-Nam
    • International Journal of Internet, Broadcasting and Communication
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    • 제14권3호
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    • pp.285-291
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    • 2022
  • The number of people enrolling in universities is rising due to the simplicity of applying and the benefit of earning a bachelor's degree. However, the on-time graduation rate has declined since plenty of students fail to complete their courses and take longer to get their diplomas. Even though there are various reasons leading to the aforementioned problem, it is crucial to emphasize the cause originating from the management and care of learners. In fact, understanding students' difficult situations and offering timely Number of Test data and advice would help prevent college dropouts or graduate delays. In this study, we present a machine learning-based method for early detection at-risk students, using data obtained from graduates of the Faculty of Information Technology, Dainam University, Vietnam. We experiment with several fundamental machine learning methods before implementing the parameter optimization techniques. In comparison to the other strategies, Random Forest and Grid Search (RF&GS) and Random Forest and Random Search (RF&RS) provided more accurate predictions for identifying at-risk students.

DEVELOPMENT OF LIFE CYCLE COST ANALYSIS SYSTEM FOR THE BUILD-TRANSFER-LEASE PROJECTS

  • Chun-kyong Lee;Bong-ho Cho;Tae-keun Park
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.119-129
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    • 2007
  • In January 2005, the BTL private investment project was introduced in the Korean construction market as part of the plan to provide high-quality public service and expand the required facilities in a timely manner. Nonetheless, problems such as the low earning rate at the beginning of the business, burden of service compared to the cost of the proposed business, and limitations of the local small and medium-sized companies in relation to their participation in the project arose. The LCC analysis system for the BTL projects was developed as part of efforts toward efficiently investigating the investment eligibility. Specifically, methods for LCC analysis were selected for each stage of the BTL project in relation to the requests of experts for military residential facilities and public educational facilities. Variables were then extracted to derive an accurate analysis value, LCC for the 5 cost items (initial investment cost, operating expenses, maintenance expenses, energy cost, and disposal cost), analyzed, and system enabling comparative analysis for single and multiple initiatives by year and item, developed. Thus, we have to clearly require the accumulation of data to examine the appropriateness of the results of LCC analysis based on data and results.

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가치-이익 볼록성 차이의 결정요인에 관한 연구 (Determinants of Difference in the Value-Earnings Convexity)

  • 권신형;심해린
    • 아태비즈니스연구
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    • 제15권3호
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    • pp.325-349
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    • 2024
  • Purpose - This study aims to identify and document earnings management, sources of investment growth, and CEO personality traits as three determinants of difference in the value-earnings convexity. Design/methodology/approach - To test our hypotheses, we run cross-sectional regressions based on the Fama and Macbeth (1973) procedure using US firm-year observations from 1968 to 2017. Findings - First, we show that the value-earnings association decreases with accruals and real earnings management. Second, we demonstrate that the value-earnings convexity is weaker when investment growth is supported by off-balance-sheet intangible assets relative to on-balance-sheet tangible and intangible assets. Finally, we find that extraverted CEOs and CEOs who are more open to experience are better at exploiting the growth opportunities implied by the current accounting profitability. Conscientious and neurotic personality traits of CEOs make no difference in exploiting the growth opportunities that the current accounting profitability suggests. Research implications or Originality - This study complements and extends the literature on real options and behavioral agency by demonstrating that the value-earnings convexity depends not only on accounting profitability and investment growth rate, but also on earnings management, sources of investment growth, and CEO personality traits.

공적연금(公的年金)의 적정급여구조(適正給與構造)에 관한 연구(硏究) (An Analysis of the Optimal Integration of Korea's Public Pension Schemes)

  • 유일호
    • KDI Journal of Economic Policy
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    • 제12권4호
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    • pp.113-126
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    • 1990
  • 국민연금(國民年金)의 도입(導入)과 더불어 4개(個) 공적연금(公的年金)(국민연금(國民年金), 공무원연금(公務員年金), 사립학교교직원연금(私立學校敎職員年金), 군인연금(軍人年金))간의 효율적(效率的) 연계방안(連繫方案)에 대한 논의(論議)가 있어 왔는데 연계(連繫)의 기본적(基本的) 방향(方向)이 누진적(累進的)인 제도(制度)로의 통합(統合)과 소득비례적(所得比例的)인 제도(制度)로의 통합(統合) 중 어느 것이 될 것이냐가 논의(論議)의 중심(中心)이 되어 왔다. 기존(旣存)의 소득세연구(所得稅硏究)에서는 노동시장(勞動市場) 완전하다는 전제하에 노동공급(勞動供給)에 있어 유인(誘因)의 문제가 있을 때는 가장 생산력(生産力)이 높은, 즉 최상위소득계층의 한계세율이 영(零) 역진적(逆進的)인 세제(稅制)가 가장 효율적인 (Pareto efficient) 제도임이 입증(立證)되어 왔다. 본(本) 연구(硏究)는 미래(未來)의 소득기회에 대한 불확실성(不確實性) 가정하(假定下)에 선형급여구조(線型給與構造)를 가지는 사회보장제도(社會保障制度)가 도입된 "라이프사이클"모형을 고찰하였다. 이 연구(硏究)에서는 비례적(比例的)인 사회보장세(社會保障稅) 의해 재원이 조달되는 사회보장제도(社會保障制度)는 급여에 있어 누진적(累進的) 구조(構造)를 가지는 것이 공리주의적(公利主義的) 사회후생함수(社會厚生函數)를 극대하는 차선적정해(次善適正解)임을 증명(證明)하고 있다. 이러한 이론적(理論的) 결과(結果)의 정책적(政策的) 함의(含意)는 앞으로 공적연금간(公的年金間)의 연계(連繫)에 있어 누진적(累進的)인 제도(制度)로의 통합(統合)이 형평의 차원에서뿐 아니라 효율성의 차원에서도 바람직하다는 것이다.

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Copula 함수를 이용한 이변량분포의 VaR 추정 (VaR Estimation of Multivariate Distribution Using Copula Functions)

  • 홍종선;이재형
    • 응용통계연구
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    • 제24권3호
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    • pp.523-533
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    • 2011
  • 위험관리수단으로 시장위험을 정확하게 측정하는 방법 중의 하나로 VaR를 선호한다. 현실생활에서는 단일분포가 아닌 두 개 이상의 다변량분포에 대한 VaR를 추정해야 하는 경우가 많다. 이런 경우에는 VaR를 추정하기 위해 다변량분포를 고려해야 한다. 본 연구는 확률변수들의 종속적 구조를 파악하고 비정규성의 특성을 갖는 다변량 분포함수를 생성하기 위하여 Copula 함수를 사용한다. 여러 산업의 수익률분포에 적합한 Clayton, Gumbel, Frank Copula 함수가 포함된 Archimedean Copula 함수를 추정하여 다변량 수익률 분포함수를 결정하고 이에 대응하는 VaR를 유도한다. 국내의 두 산업체의 자료를 실증예제로 하여 세 종류의 Copula 함수의 모수를 추정하고 이에 대응하는 이변량 분포로부터 VaR와 각각의 주변 분포의 VaR를 구한다. 실제의 VaR를 기준으로 기존 방법으로 구한 VaR와 비교 분석하여 추정의 정확성을 토론한다.

Virtual Go to School (VG2S): University Support Course System with Physical Time and Space Restrictions in a Distance Learning Environment

  • Fujita, Koji
    • International Journal of Computer Science & Network Security
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    • 제21권12호
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    • pp.137-142
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    • 2021
  • Distance learning universities provide online course content. The main methods of providing class contents are on-demand and live-streaming. This means that students are not restricted by time or space. The advantage is that students can take the course anytime and anywhere. Therefore, unlike commuting students, there is no commuting time to the campus, and there is no natural process required to take classes. However, despite this convenient situation, the attendance rate and graduation rate of distance learning universities tend to be lower than that of commuting universities. Although the course environment is not the only factor, students cannot obtain a bachelor's degree unless they fulfill the graduation requirements. In both commuter and distance learning universities, taking classes is an important factor in earning credits. There are fewer time and space constraints for distance learning students than for commuting students. It is also easy for distance learning students to take classes at their own timing. There should be more ease of learning than for students who commute to school with restrictions. However, it is easier to take a course at a commuter university that conducts face-to-face classes. I thought that the reason for this was that commuting to school was a part of the process of taking classes for commuting students. Commuting to school was thought to increase the willingness and motivation to take classes. Therefore, I thought that the inconvenient constraints might encourage students to take the course. In this research, I focused on the act of commuting to school by students. These situations are also applied to the distance learning environment. The students have physical time constraints. To achieve this goal, I will implement a course restriction method that aims to promote the willingness and attitude of students. Therefore, in this paper, I have implemented a virtual school system called "virtual go to school (VG2S)" that reflects the actual route to school.

청년층 학력과잉이 임금에 미치는 영향에 대한 분석 - 경제위기 전·후를 중심으로 - (The Evaluation of Youth Overeducation and its Impact on the Wage System in Korea)

  • 박성준;황상인
    • 노동경제논집
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    • 제28권3호
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    • pp.141-166
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    • 2005
  • 본 연구는 청년층의 학력과잉이 경제위기로 어떻게 전개되었으며 또한 이로 인한 교육투자 수익률이 어떻게 변하였는가를 살펴보았다. 이를 위해 본 연구는 경제위기 전인 1996년도 임금자료와 2000년도 임금자료 각각을 직업사전과 비교함으로서 1996년도의 과잉학력률과 2000년도의 과잉학력률을 인적 속성 및 근로자가 종사하는 산업 직종 그리고 사업체 규모 등 다각적으로 살펴보았다. 그리고 경제위기가 과잉학력에 어떻게 영향을 미쳤는지를 희귀분석했다. 그 결과 경제위기 이후 과잉학력이 보다 심화되었음을 알 수 있었다. 그 후 이러한 변화가 교육 투자수익률에 어떤 영향을 미쳤는지를 살피기 위해 각년도 과잉학력자의 시간당 임금과 적정학력자의 임금을 비교하였으며 또한 경제위기가 투자 수익률에 미친 영향을 살피기 위해 회귀분석을 하였다. 그 결과 학력과잉자의 시간당 임금이 적정학력자의 임금보다 여전히 높았으나 경제위기를 겪으면서 그 임금 차의 폭은 상당히 줄어들었음을 알 수 있다. 그러한 추세가 일시적인 것이 아니라 고착화되고 있는지를 살피기 위해 2002년도 자료로도 분석해 본 결과도 마찬가지로 나타났다.

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