• Title/Summary/Keyword: Economic distance

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Preference of elderly housing characteristics depending on middle ages background (중년층의 배경변인에 따른 노인주거특성에 대한 선호)

  • 오찬옥
    • Journal of the Korean housing association
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    • v.4 no.1
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    • pp.29-38
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    • 1993
  • The purpose of this study was to investigate the middle-aged housewive's background characteristics influencing on the preference of elderly housing, depending on four aging-situations. The characteristics of the elderly housing dealt in thes study were geographical location. specially planned feature for the elderly, house type, the size of housing, housemate, the distance from the living quarter of their children, and whether they want to live in the rental house. The subject were 526 middle-aged housewives from middle-income householde living in the capital area. Questionnaires were sent through mail to the householde which tesponded positively on the information brochure about this study sent before. The characteristics of the elderly housing which perferred to was influenced by their age and socio-economic status, such as schooling, job, income, and the size of housing. This result suggests that it must be considered to develop various types of the elderly housing depending on socio-economic status.

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Stable Isotope Study on the Sangdong Deposit (상동광상(上東鑛床)의 동위원소연구(同位元素硏究))

  • Moon, Kun Joo
    • Economic and Environmental Geology
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    • v.17 no.3
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    • pp.171-177
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    • 1984
  • Representative sulphide samples from the Sangdong skarn orebody and quartz veins show relatively narrow ranges of sulphur isotope values ranging from $^+5.5$ to $^+6.9$ permil and average $^+5.0$ permil with a standard deviation of 0.77 permil. Much higher temperature isotopic temperatures than homogenization temperatures may indicate even minerals in contact did not form together in isotopic equilibrium. Under conditions of formation of the skarn and quartz veins, ${\delta}^{34}\;H_2S$ ranges from $^+4.5$ to $^+5.3$ permil, suggesting a magmatic origin for the sulphur. Carbon and oxygen isotope values seem to show some of the spread of increasing ${\delta}^{13}C$ values of the interbedded limestone with distance from the central zone of the Sangdong mineralization. Negative values of ${\delta}^{13}C$ fluids appear to be typical of many ore deposits including those of magmatic origin. Calculated ${\delta}^{18}C$ values of the fluids are typical of those derived from magmatic sources.

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Evaluation of Operational Rules for Container Terminals Using Simulation Techniques (시뮬레이션 기법을 이용한 컨테이너터미널 운영규칙의 평가)

  • 장성용;이원영
    • Journal of Korea Port Economic Association
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    • v.18 no.1
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    • pp.27-41
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    • 2002
  • This paper deals with the development of a simulation model for the container terminal, which consists of 3 berths, 8 container cranes, and 16 yard blocks with each yard crane and 90 yard trucks in order to evaluate the various operational rules. The proposed operational rules are 3 ship-dispatching rules, 3 berth allocation rules, 2 crane allocation rules, 2 yard allocation rules, and 2 yard truck allocation rules. These rules are simulated using 4 performance measures, such as ship time in the terminal, ship time in the port, the number of ships processed, and the number of containers handled. The simulation result is as follows: 1) there is no difference among 3 ship-dispatching rules, 2) berth allocation rules depend on performance measures, 3) dynamic crane allocation is better than fixed policy, 4) pooling yard allocation is better than short distance yard allocation rules, and 5) fixed yard truck allocation by berth is a little better than pooling policy.

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Economic Optimization Study for a $125,000m^3$ Class LNG Carrier

  • Lee, Kyu-Yeul;Lee, Dong-Kon;Jung, Ho-Hyun;Lee, Chul-Hee
    • Bulletin of the Society of Naval Architects of Korea
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    • v.21 no.4
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    • pp.1-9
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    • 1984
  • This study is concerned with the economic aspects of $125,000m^3$ class LNG carriers with different propulsion plant such as conventional steam turbine and slow speed diesel engine with reliquefaction plant. The ship's speed and L/B ratio were optimized with criterion of required freight rate(RFR) by using the PROCAL computer program package. In order to investigate the effect of fuel oil price, round trip distance and boil-off rate on the RFR and the optimum speed, sensitivity analysis were also performed.

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Cultural Exchange and Its Externalities on Korea-Africa Relations: How Does the Korean Wave Affect the Perception and Purchasing Behavior of African Consumers?

  • Ochieng, Haggai Kennedy;Kim, Sungsoo
    • East Asian Economic Review
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    • v.23 no.4
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    • pp.381-407
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    • 2019
  • The Korean wave has become a global phenomenon whose effect has been widely studied in Asia, Europe and the US. However the presumption of cultural distance makes it appear unlikely that the Korean wave could gain traction among African consumers of cultural products. As such, a dearth of evidence exists on the effects of the wave in Africa. This paper examines the effect of the wave in East African countries employing both descriptive and Probit model analyses. The results show that, contrary to conventional beliefs, most Africans surveyed perceive value proximity with Korea through the values conveyed in Korean dramas, movies and music. Confucius values, such as filial piety, family love and respect for the elderly are the most appealing to the East African audience. Importantly, contact with Korean wave contents contributes to the respondents' disposition to form favorable attitude towards Korea. The African consumers of Korea's cultural products are equally likely to purchase other Korean commercial products. These results remotely suggest that Hallyu may be a tool for advancing Korea's soft power towards Africa and could generate positive economic externalities.

New record of an economic marine alga, Ahnfeltiopsis concinna, in Korea

  • Kang, Pil Joon;Nam, Ki Wan
    • Fisheries and Aquatic Sciences
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    • v.20 no.10
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    • pp.25.1-25.5
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    • 2017
  • An economic marine alga, which is considered to be an important source of carrageenan, was collected from Jindo of the southern coast of Korea. This species shares the vegetative and female reproductive features of Ahnfeltiopsis and is characterized mostly by its small size (up to 8 cm), terete to subterete thalli at the lower portion, cartilaginous in texture, dichotomous branches, rarely produced proliferations, and an absence of hypha-like filaments in the medulla. It is distinguished from other Korean species within the genus by the thallus feature. In a phylogenetic tree based on the molecular data, this alga nests in the same clade with A. concinna from Japan but forms a sister clade to A. concinna from Mexico and Hawaii (type locality). However, the genetic distance among those sequences was calculated as 0.1-1.3% for rbcL and 1.1% for COI sequences, considered to be intraspecific variation within the genus. Based on the morphology and molecular analysis, this alga is identified as A. concinna originally described from Hawaii. This is the first record of the species in the Korean marine algal flora.

Estimating United States-Asia Clothing Trade: Multiple Regression vs. Artificial Neural Networks

  • CHAN, Eve M.H.;HO, Danny C.K.;TSANG, C.W.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.403-411
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    • 2021
  • This study discusses the influence of economic factors on the clothing exports from China and 15 South and Southeast Asian countries to the United States. A basic gravity trade model with three predictors, including the GDP value produced by exporting and importing countries and their geographical distance was established to explain the bilateral trade patterns. The conventional approach of multiple regression and the novel approach of Artificial Neural Networks (ANNs) were developed based on the value of clothing exports from 2012 to 2018 and applied to the trade pattern prediction of 2019. The results showed that ANNs can achieve a more accurate prediction in bilateral trade patterns than the commonly-used econometric analysis of the basic gravity trade model. Future studies can examine the predictive power of ANNs on an extended gravity model of trade that includes explanatory variables in social and environmental areas, such as policy, initiative, agreement, and infrastructure for trade facilitation, which are crucial for policymaking and managerial consideration. More research should be conducted for the examination of the balance between developing countries' economic growth and their social and environmental sustainability and for the application of more advanced machine-learning algorithms of global trade flow examination.

The Impact of Institutional Quality on FDI Inflows: The Evidence from Capital Outflow of Asian Economies

  • LE, Anh Hoang;KIM, Taegi
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.335-343
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    • 2021
  • This paper investigates the effect of institutional quality on FDI inflows by using FDI outflows from Asian countries from 2009 to 2017. We used the FDI data from five major Asian economies, which are South Korea, China, Japan, Singapore, and Hong Kong. The gravity model was used to examine the effect of institutional quality on FDI flows. The regression model considers several independent variables, and we select the most appropriate variables by using the Bayesian Model Averaging (BMA) estimator. We have shown that foreign direct investment from Asian countries depends on the size of home and the partner countries, geographical distance, trade interaction between two countries, economic freedom, labor supply, tariff rate, and capacity of the government. The results of different estimation techniques emphasize that multinational enterprises prefer to invest in those countries which have a higher income, which shows the evidence for Lucas's paradox. The results also show that economic freedom and control of corruption have a positive impact on FDI inwards. The regression results show that better institutional quality in host countries encourages more FDIs from Asian economies. It suggests that the state should control corruption and create a free economic environment to attract FDIs.

Factors Influencing Participation in Barter Trade by Rural Farming Households in Ondo State, Nigeria

  • Adejobi, A.O.;Sanusi, O.G.;Mafimisebi, T.E.
    • The Journal of Economics, Marketing and Management
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    • v.3 no.4
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    • pp.5-11
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    • 2015
  • The study examined the socio-economic factors influencing the participation of rural farming households in barter trade in Ondo State, Nigeria. The objectives were to compare the socio-economic characteristics of the participants and non-participants in barter trade, analyze the preference for barter trade and identify the constraints to it. Also, the factors affecting respondents' participation in barter trade were identified. Empirical results indicated that there were significant differences in the socio-economic characteristics of the participants and non-participants in barter trade. The SWOT analysis showed that possession of agrarian attributes by the locality where the trade is practiced was the strongest factor ensuring the survival of barter in the study area. Double coincidence of wants was found to be the most prevailing weakness associated with barter while the major reason for participation by some households was that the quantity of commodities received is usually higher compared with cash transactions. Transportation cost to barter markets was found to be the greatest threat to the continued existence of barter trade in the area. The results of the Probit model showed that age, household size, transportation cost to cash markets, farm size, distance to barter markets, and formal education significantly affected the probability participating in barter trade.

A Study of the Optimal Condenser Operation in Distribution System (배전선로의 적정 콘덴서 운용 연구)

  • Jeon, Young-Soo;Jang, Jeong-Tae
    • Proceedings of the KIEE Conference
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    • 1998.07c
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    • pp.1238-1240
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    • 1998
  • For economic operating of distribution system, utility has to minimize the loss in distribution line by controlling reactive power and power factor. This paper presents calculation of reactive power in distribution line, estimation of the condenser capacity according to distance, and computation of optimal location and proper condenser capacity.

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