• Title/Summary/Keyword: Economical Analysis

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An Empirical Study on the Failure Prediction for KOSDAQ Firms (코스닥기업의 부실예측에 대한 실증 분석)

  • Park, Hee-Jung;Kang, Ho-Jung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.3
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    • pp.670-676
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    • 2009
  • Bankruptcy of firms in Korea can cause distress of financial institutions because these institutions have disterssed bond. Accordingly, social and economical spill-over effects by these results are very big. Even after the difficult times of IMF crisis had ended, bankruptcy of information-based small-medium companies and venture firms listed on the KOSDAQ has been continued. In this context, this study developed and adopted failure prediction models for which discriminant analysis was used. Samples of this study was 81 firms respectively for both failed and non-failed firms listed on the KOSDAQ between the year of 2000 and 2007. The results of this study are as follows. First, the accuracy of classification of the model by years was $74.5%{\sim}76.5%$, and the accuracy of classification of the mean model was $69.6%{\sim}80.4%$. Among the models, the mean model of -one year, -two years, and -three years was highest in accuracy of classification (80.4%). Second, accuracy of prediction of final model adopted on validation samples showed 85% before one year of bankruptcy. The results of this study may be significant in that the results may be used as early warning system for bankruptcy prediction of KOSDAQ firms.

The Association of Self-esteem and Social support with Depressive symptoms in College Students (일부 대학생들의 자아존중감 및 사회적 지지와 우울과의 관련성)

  • Ji, Eun-Mi;Cho, Young-Chae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.2996-3006
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    • 2014
  • The purpose of this study was to estimate self-esteem, social support and depressive symptoms among college students, as well as to reveal its related factors. The self-administered questionnaire was filled out by 471 students from university located in Daejon city and Chungnam during two weeks from April 23, 2013. As a results, lower the self-esteem is, the depression level comes out to be higher. Also weaker social support is the factor to give rise to depression. Self-esteem and social support showed negative correlation with depression. Social support showed positive correlation with self-esteem. According to hierarchical multiple regression analysis, following factors influence depression level with explanatory powers of 23.8%: sex, age, stress for body shape, perceived economical status, studying time, self-esteem, and social support. In the conclusion, this result imply that depression level of college students is closely related to self-esteem and social support. Especially, social support showed higher correlation with depression.

Inelastic Response Spectra Due to the Weak Earthquakes Considering the Nonlinear Soft Soil Layer (비선형 연약지반을 고려한 약진에 의한 비탄성 응답스펙트럼)

  • Kim, Yong-Seok
    • Journal of the Earthquake Engineering Society of Korea
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    • v.7 no.4
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    • pp.15-22
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    • 2003
  • Seismic design codes developed taking into account the strong earthquakes may result in unnecessary economical loss in the low seismic area, and the importance of the performance based design considering the soil-structure interaction is recognized for the reasonable seismic design. In this study. elastic and inelastic seismic response analyses of a single degree of freedom system on the soft soil layer were performed considering the nonlinearity of the soil for the 1 weak earthquakes scaled to the nominal peak accelerations of 0.07g and 0.11g. The seismic response analyses were performed in one step applying the earthquake motions to the bedrock, utilizing a pseudo 3-D dynamic analysis software of the soil-structure system. The study results indicated that seismic response spectra of a system assuming the rigid base or the linear soil layer does not represent the true behavior of a structure-soil system, and it is necessary to take into account the nonlinear soil-structure interaction effects and to perform the performance based seismic design for the various soil layers, having different characteristics, rather than to follow the routine design procedures specified in the design codes for the reasonable seismic design. The nonlinearity of the soft soil excited with the weak seismic motions also affected significantly on the elastic and inelastic seismic response spectra of a system due to the nonlinear soil amplification of the earthquake motions, and it was pronounced especially for the elastic response spectra.

Effect of Feed Type on Feed Efficiency and Carcass Characteristics of Hanwoo Steers (사료의 형태가 한우 거세우의 사료효율 및 도체성적에 미치는 영향)

  • Lee, Gui-Ye;Cho, Woong-Gi;Moon, Yea-Hwang
    • Journal of agriculture & life science
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    • v.45 no.4
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    • pp.95-103
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    • 2011
  • Ninety five Hanwoo steers averaging 226kg of body weight were used to investigate the effect of dietary type on feed efficiency, carcass characteristics and economical analysis in Hanwoo feeding over 22 months. Treatments were composed of commercial formula feed (formula feed), TMR and Fermented-TMR (F-TMR). Intakes of dry matter and TDN were greater in the F-TMR than the other treatments during each growing and fattening phase (p<0.05). Although daily body gain of the F-TMR was lowest during the growing phase, but was 48% greater than those of other treatment during the finishing phase (p<0.05). Feed efficiency of the F-TMR was maintained constantly during whole growing and fattening phases. Carcass weight and rib-eye area of the F-TMR were greatest (p<0.05) among treatments. However, meat yield index and the rate of grade A in meat yield were highest in the formula feed having the thinnest back fat. Marbling score was hugely (p<0.05) increased when steers fed F-TMR, and therateofgrade 1+andoverinmeatqualitywas96%intheF-TMR. Although feed cost in the F-TMR was increased by 40% compare to the formula feed, but net income was increased by 29% due to improvement of meat quality and body gain.

The Impact of K-Beauty Search Volumes on Export and Tourism: Based on the Google Search and YouTube Page View (K-뷰티(K-Beauty) 검색량이 수출과 관광에 미치는 영향: Google과 YouTube 검색 데이터 분석을 중심으로)

  • Lee, Sun-Jeong;Lee, Soobum
    • Review of Culture and Economy
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    • v.20 no.2
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    • pp.119-147
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    • 2017
  • This study analyzes Big Data to understand the economic influence of K-Beauty which is expected as a fast-growing industry. Because the content of K-beauty is mainly transmitted over the Internet, Big Data about K-Beauty in the database of online services can show interest and engagement in K-Beauty. The export volume of the beauty industry and the number of foreign tourist in Korea were used as dependent variables. The volume of Google search and the volume of YouTube page view were independent variables. According to the result of a multi-regression analysis, the volume of Google search of K-Beauty had a positive influence on both dependent variables, even after controlling for GDP (Gross Domestic Product) and distances between nations. When it comes to the volume of YouTube page view of K-Beauty, it had a positive relationship with the export volume of the beauty industry, whereas there was no significant relationship between the volume of YouTube page view and the number of foreign tourists. The result indicates that the content of K-Beauty has a significant impact on the beauty industry. Moreover, this empirical study shows that web search and YouTube search have a positive relationship with the economical aspect. These results can be used to discuss public relations strategy to promote K-Beauty industry.

Evaluation of Water Productivity of Thailand and Improvement Measure Proposals

  • Suthidhummajit, Chokchai;Koontanakulvong, Sucharit
    • Proceedings of the Korea Water Resources Association Conference
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    • 2019.05a
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    • pp.176-176
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    • 2019
  • Thailand had issued a national strategic development master plan with issues related to water resources and water security in the entire water management. Water resources are an important factor of living and development of the country's socio-economy to be stable, prosperous and sustainable. Therefore, water management in both multidimensional and multi-sectoral systems is important and will supports socio-economic and environmental development. The direction of national development in accordance with the national strategic framework for 20 years that requires the country to level up security level in terms of water, energy and food. To response to the proposed goals, there is a subplan to increase water productivity of the entire water system for economical development use by evaluating use value and to create more value added from water use to meet international standard level. This study aims to evaluate the water productivity of Thailand in each basin and all sectors such as agricultural sector, service and industrial sectors by using the water use data from water account analysis and GDP data from NESDB during the past 10 years (1996-2015). The comparison of water productivity with other countries will also be conducted and in addition, the measures to improve water productivity in next 20 years will be explored to response to the National Strategic Master Plan goals. Water productivity is defined as output per unit of water depleted. The simplest way to compare water productivity across different enterprises is in monetary terms. World Bank presents water productivity as an indication of the efficiency by which each country uses its water resources. There are two data sets used for water productivity analyses, i.e., the first is water use data at end users and the second is Gross Domestic Product. The water use at end users are estimated by water account method based on the System of Environmental-Economic Accounting for Water (SEEA-Water) concept of United Nations. The water account shows the analyses of the water balance between the use and supply of each water resource in physical terms. The water supply and use linkage in the water account analyses separated into each phases, i.e., water sources, water managers, water service providers, water user at end user under water regulators of all kinds of water use activities such as household, industrial, agricultural, tourism, hydropower, and ecological conservation uses. The Gross Domestic Product (GDP), a well- known measuring method of the national economic growth is not actually a comprehensive approach to describe all aspects of national economic status, since GDP does not take into account the costs of the negative impacts to natural resources that result from the overexploitation of development projects, however, at present, integrating the environment with the economy of a country to measure its economic growth with GDP is acceptable worldwide. The study results will show the water use at each basin, use types at end users, water productivity in each sector from 1996-2015 compared with other countries, Besides the productivity improvement measures will be explored and proposed for the National Strategic Master Plan.

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Method to Determinate Monitoring Points in Sewer Networks (하수관망 내 모니터링 지점 선정 기법)

  • Lee, Jung-Ho;Jun, Hwan-Don;Park, Moo-Jong
    • Journal of the Korean Society of Hazard Mitigation
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    • v.11 no.3
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    • pp.229-235
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    • 2011
  • In order to manage a sewer system effectively, flow conditions such as flux, water quality, Infiltration and Inflow (I/I), Combined Sewer Overflows (CSOs), etc need to be monitored on a regular base. Therefore, in sewer networks, a monitoring is so important to prevent the river disaster. Monitoring all nodes of an entire sewer system is not necessary and cost-prohibitive. Water quality monitoring points that can represent a sewer system should be selected in a economical manner. There is no a standard for the selection of monitoring points and the quantitative analysis of the observed data has not been applied in sewer system. In this study, the entropy method was applied for a sewer network to evaluate and determine the optimal water quality monitoring points using genetic algorithm. The entropy method allows to analyze the observed data for the pattern and magnitude of temporal water quality change. Since water quality measurement usually accompanies with flow measurement, a set of installation locations of flowmeters was chosen as decision variables in this study.

The Medium Development for Entomopathogenic Fungi by Using Silkworm Powder (누에분말을 이용한 곤충기생균의 최적생장배지 개발)

  • 남성희;정이연;지상덕;조세연
    • Journal of Sericultural and Entomological Science
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    • v.43 no.2
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    • pp.83-87
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    • 2001
  • This study was carried out to investigate the optimal medium and optimal dextrose concentration of 12 entomopathogenic fungi. The colonies of Cordyceps gracilioides, C. sp.(J23), Paecilomyces farinosus(J5), P tenuipes, Paecilomyces sp.(J4), Beauveria bassiana and B. brongniartii on SLA(silkworm larva agar) medium are similar to those on PDA(Potato dextrose agar) medium. On the contrary, the colonies of 5 fungi are very various according to its medium. The optimal medium for 1 1 fungi was SLA-A medium, which was better than PDA medium with regard to the mycelial growth. The optimal concentration on mycelial growth was superior to 6% for 6 fungi. When silkworm larvae was injected with P. tenuipes on SLA medium for fruiting body production. Infection rate, fruiting body formation rate, synnemata number and synnemata length were 91.3 $\pm$ 1.5%, 88.6 $\pm$ 2.3%, 56.6 $\pm$ 3.2 and 33.4 $\pm$ 2.88 ㎜ respectively. In economical analysis, the prototype medium can reduce 61.9% of production cost per 1 liter compared with PDA medium.

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Pillar stability in very near-twin tunnels (초근접 병설터널의 필라 안정성 확보)

  • Kim, Donggyou;Koh, Sungyil;Lee, Jeongyong;Lee, Chulhee
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.24 no.6
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    • pp.699-714
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    • 2022
  • The objective of this study is to suggest a safe and economical pillar reinforcement method when very near-twin tunnels with a minimum interval of 1 m passes through a soft zone such as weathered soil or weathered rock. A standard cross-sectional view of a two-lane road tunnel was applied to suggest a pillar reinforcement method for the very near-twin tunnels. The thickness of the pillar was 1 m. The ground condition around the tunnel was weathered soil or weathered rock. There were four reinforcement methods for pillar stability evaluation. These were rock bolt reinforcement, pre-stressed steel strand reinforcement, horizontal steel pipe grouting reinforcement, horizontal steel pipe grouting + prestressed steel strand reinforcement. When the ground condition was weathered soil, only the pillar reinforced the horizontal steel pipe grouting + prestressed steel strand did not failed. When the ground condition was weathered rock, there were no failure of the pillar reinforced the horizontal steel pipe grouting or the horizontal steel pipe grouting + prestressed steel strand. It is considered that the horizontal steel pipe grouting reinforcement played a role in increasing the stability of the upper part of the pillar by supporting the upper load applied to the upper part of the pillar.

ICT Convergenced Cascade-type Incubator for mass production of microalgae (미세조류 대량생산을 위한 ICT 융합 계단식 연속 배양 장치)

  • Lee, Geon Woo;Lee, Yong Bok;Yoo, Yong Jin;Baek, Dong Hyun;Kim, Jin Woo;Kim, Ho Seob
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.5
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    • pp.379-386
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    • 2021
  • This study was undertaken to develop a cascade-type continuous culture system (CCCS) that combines both ICT and biotechnology (BT), for the mass production of microalgae. This system is capable of maintaining the essential culture conditions of pH, temperature, carbon dioxide, and illuminance control, which are key parameters for the growth of microalgae, and is economical for producing microalgae regardless of the season or location. It has the added advantage of providing stable and high productivity. In the current study, this system was applied to culture microalgae for 71 days, with subsequent analysis of the experimental data. The initial O.D. of the culture measured from incubator 1 was 0.006. On the 71st day of culture, the O.D.s obtained were 0.399 (incubator 1), 0.961 (incubator 2), 0.795 (incubator 3), and 0.438 (incubator 4), thereby confirming the establishment of continuous culture. Thus, we present a smart-farm based on ISMC (in-situ monitoring and control) for a mass culture method. We believe that this developed technology is suitable for commercialization, and has the potential to be applied to hydroponics-based cultivation of microalgae and cultivation of high-value-added medicinal plants as well as other plants used in functional foods, cosmetics, and medical materials.