• Journal of the Economic Geographical Society of Korea
• /
• v.17 no.1
• /
• pp.147-159
• /
• 2014

The present study was aimed to estimate the rational bubble by using the state space model and Kalman filter, of the national, capital, non-capital, Gangnam, and Gangbuk regions housing sales price from November 2003 to August 2013, for the whole period, and before and after the global financial crisis. For the whole period, Gangnam marked the highest rational bubble of 25.4%, followed by Gangbuk 21.3%, capital region 20.1%, whole country 18.9%, and non-capital region 14.3%. Prior to the global financial crisis, Gangnam showed 26.7% of bubble, which is approximately 7.4% higher than Gangbuk with 19.3%. On the other hand, after the global financial crisis, the bubble has collapsed a lot with Gangnam 13.2% and Gangbuk 10.7%; however, the non-capital region showed rather an increase of about 15% from 4.2% before the crisis to 9.0% after the crisis. The main cause of this is that the trading price has declined but the rents have risen in the capital region including Gangnam and Gangbuk, while the transaction price has gone up in non-capital region due to various positive signs like the moving of public institutions.

• The Journal of The Korea Institute of Intelligent Transport Systems
• /
• v.19 no.6
• /
• pp.180-191
• /
• 2020

This study analyzes factors that affect average daily travel time budgets, using the Time Use Survey data from 1999 to 2014 in Seoul. We first developed multivariate regression models for travel time from each year, considering demographic and socio-economic variables as well as non-home activity time. The model results showed that household and personal characteristics and non-home activities significantly affect travel time, and their effects are different over time. In addition, we developed seemingly unrelated regression (SUR) models for time allocation for non-home activity and travel, considering their correlations, and explanatory variables were compared over time. Overall, demographic and socio-economic variables significantly affect travel time as well as non-home activity time.

• Journal of the Economic Geographical Society of Korea
• /
• v.26 no.4
• /
• pp.421-442
• /
• 2023

This research focuses on the fact that the characteristics of migration types of the youth in non-metropolitan areas vary by region and has the primary objective of comparing and analyzing the differences in determinants of each migration type. First, An exploratory analysis of the migration status and characteristics of the youth in non-metropolitan areas was conducted, and then a hierarchical logit model was used to estimate the determinants of migration types separately. The results showed that the characteristics of migration types vary by region, and each determinant of migration types is composed of different bundles of variables(individual and regional levels). In the future, policies aimed at securing young workforce in non-metropolitan areas will be more effective when they take into account various determinants of migration choices and reflect the regional context.

• Journal of the Economic Geographical Society of Korea
• /
• v.19 no.2
• /
• pp.209-224
• /
• 2016

The purpose of this study are to analyze the realities and characteristics of the inflow manufacturing factories located in non-urbanized area in the Capital region, and to extract the problems from locational point of view during the last 10 years. Using the raw data of factory registration statistics from 2006 to 2015, this study has intended to show the distributional characteristics of the independently-located manufacturing factories by various mapping methods. As a result, about 90% of the factories are heavily concentrated into 10 adjacent regions to Seoul and large cities. This study carried out questionaire surveys and in-depth interview to the leaders of Janganmyeon, Hwaseong-shi which have experienced the rapid increase of manufacturing factories. The independently-located factories have caused environmental pollution, destroyed rural village landscape, and affected the negative impact of the neighborhood community. The results of this study provide some implications to establish a desirable industrial location policy of non-urban areas in Capital region.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2020.06a
• /
• pp.54-55
• /
• 2020

Recently, "The rules on the standards of evacuation and fire protection of buildings" require that non-burnable materials such as non-combustible and semi-non-combustible materials be used as the materials applied to the building's exterior walls, but styrofoam, which is a combustible material, has been applied a lot and became a social issue. In this study, we developed a non-combustible outer wall molding to secure construction and economic feasibility and free expression using CLC(CLC: Cellular Light-weight Concrete).

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.20 no.12
• /
• pp.574-580
• /
• 2019

In this paper, the economic performance of the Jeju Free International City and the Free Economic Zone is investigated using statistical testing and the difference in differences (DID) model with data on foreign direct investment (FDI), gross regional domestic product (GRDP), and employment-to-population ratio (EPR). The relationships among FDI, GRDP, and EPR are also investigated using the panel vector error-correction model on the regional data. The compound average growth rate of actual investment, and the ratio of FDI received to FDI declared in the capital region were higher than in the non-capital region. For the growth and relative volume of FDI received, seven regions out of 16 were found to be low in growth and small in relative volume. The results of statistical testing showed statistically significant differences in some variables, except for two regions, but DID estimates that determine the pure policy effect of zone designation showed statistical insignificance. On the other hand, the explanatory power among the three variables was found to be quite limited, but it was greater in the cities, provinces, and non-capital region. In summary, it is necessary to establish the FDI inducement mechanism so the inflow of FDI can increase GRDP and EPR.

• Environmental and Resource Economics Review
• /
• v.22 no.1
• /
• pp.147-177
• /
• 2013

Annual total values and thereby assets values of natural resources are determined by sample household WTP estimates and the extent of market. In the current domestic practice of CVM, total numbers of national households were used as the target population to measure total economic values including non-use values. This study proposed an alternative method of calculating potential user groups based on distributions of residential area of visitors in the sample using 4 provincial parks in the Chon Buk area as cases. The sample mean of WTP of Moak Mt. visitors, who are mostly from the nearby Chon Buk provincial area, was estimated to be about 8,215 won. On the other hand, the mean of WTP of Sun Woon Mt., whose visitors are evenly distributed from all over the country, was about 4,693 won. When applied national households as the target population, annual total benefits and thereby asset values of Moak Mt. was high enough to be 86 billion and 1.6 trillion won respectively. However, those of Sun Woon Mt. was low to be 52 billion and 1 trillion. On the contrary, when applied potential user groups of each park as the extent of market, annual total benefits and asset values of Sun Woon Mt. was reversed to be high--23 billion won and 400 billion won respectively. However, those of Moak Mt. was lowered to be 10 billion won and 200 billion won. Furthermore, asset values of the same park were differed by 2 to 8 times according to the way of setting the extent of market.

• Journal of the Korean Geographical Society
• /
• v.43 no.4
• /
• pp.580-598
• /
• 2008

Focusing on 'growing together' strategies through horizontal fiscal equalization systems, this and subsequent papers aim to suggest regional co-development strategies in which conflicts between the Seoul Metropolitan Area(SMA) and the non-SMA can be efficiently alleviated. Regarding the socio-economic relationships between the SMA and the non-SMA, there are two contradictory perspectives. One perspective is that the SMA grows at the expense of the non-SMA. The other perspective is that non-SMA's economy is somehow entirely dependent on the economic activities occurring within the SMA, which is the opposite of the former perspective. There are various forms of collaboration among local or regional governments, but the most radical solutions involve the establishment of new regional development financing method at the practical level. This paper suggests that horizontal fiscal equalization not yet introduced between same level subgovernments need to be institutionalized to promote the growing together between the SMA and the rest region of Korea.

• Management & Information Systems Review
• /
• v.33 no.2
• /
• pp.225-239
• /
• 2014

An effect of reward program related to promotional activity has the limitation of being concentrated on a short-term performance or of inducing temporary re-purchase. Accordingly, this study verified the influence of reward method upon consumers' response recovery centering on interactive effects of reward timing and reward intensity, in order to expand a research of dissatisfaction situation. As for the objective of this study, first, the aim is to verify the difference in the influence of economic, non-economic, and combined rewards, which are reward methods of dissatisfaction situation, upon consumers' cognitive response recovery and emotional response recovery. Second, the aim is to confirm a moderating role of reward timing and reward intensity in the effect of consumers' response recovery according to reward methods. To design a research, the perfect factor design between subjects in 3X2X2 was used. As a result of major research, first, there was a difference in the influence upon consumers' response recovery depending on reward methods. Second, the influence of reward method upon consumers' response recovery had a difference depending on reward timing. Third, the influence of reward method upon consumers' response recovery had a difference depending on reward intensity. Consumers' response recovery level was confirmed to have the greatest influence in the combined reward. This study has a significance in newly applying the reward timing, in the dissatisfaction situation which is addressed in the general reward program. Through this study, the aim was to support the empirically analytical results of prior researches and to expand its role in several angles.

• Journal of the Economic Geographical Society of Korea
• /
• v.9 no.2
• /
• pp.211-224
• /
• 2006

With the increasing concern about natural resources that is being devastated and lost its reproductivity, Non-use value of resources for future use is considered more important than the present use value in the resource valuation. This study aims to measure Total Non-use value in Namsan Park, Kwanak and Paldal Mountain with CVM(Contingent Valuation Method). CVM is the method which can evaluate Non-use value of tourism resource to find the future value of the given resource. This study is carried on the assumption that respondents give answers not to real situation but to imaginary circumstances. After analysing benefit value by estimating conservation value and separate use value, we can conclude that conservation value of tourism resource is given much weight.