• Title/Summary/Keyword: Ex ante-Ex post Analysis

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A Study on the Estimation of Remaining Fisheries Damages Considering the Recovery Periods of Fisheries Resource after the Completion of Undertaking Yeongsan River Project (영산강 살리기 사업 이후의 자원회복기간을 고려한 잔존어업피해추정에 관한 연구)

  • Choo, Hyun-Gi;Jo, Mun-Kwan;Kim, Ki-Soo
    • The Journal of Fisheries Business Administration
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    • v.51 no.4
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    • pp.1-18
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    • 2020
  • The paper aims to explore existence and degree of remaining fisheries damages after the completion of undertaking the Four Major Rivers Project focusing on the case of Yeongsan river. The paper seeks to show the necessity of consideration of periods of fishery resources recovery in the estimation of ex-post fisheries damages of the project by inferring the analysis of the annual variation of environmental indicators in the river. Therefore, the paper suggests three years of remaining periods of fisheries damages of the project utilizing the variation trend of ex-ante and ex-post annual output data of inland fisheries in Jeonnam province and individual catch of fisheries. In the measurement of the annual degree of fisheries damages during periods of fishery resources recovery, the paper attempts to suggest the method of comparision of day catch data per vessel between ex-ante and ex-post periods of the project, which were investigated by the same institute. Here the paper tries to make correction of ex-post catch data for holding the same catching condition as ex-ante situation by adopting the concept of competitive intensity of catching which was derived from the decreasing rate of number of fishing households in the area of Yeongsan river.

A Study of Choice for Analysis Method on Repeated Measures Clinical Data

  • Song, Jung
    • Korean Journal of Clinical Laboratory Science
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    • v.45 no.2
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    • pp.60-65
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    • 2013
  • Data from repeated measurements are accomplished through repeatedly processing the same subject under different conditions and different points of view. The power of testing enhances the choice of pertinent analysis methods that agrees with the characteristics of data concerned and the situation involved. Along with the clinical example, this paper compares the analysis of the variance on ex-post tests, gain score analysis, analysis by mixed design and analysis of covariance employable for repeating measure. Comparing the analysis of variance on ex post test, and gain score analysis on correlations, leads to the fact that the latter enhances the power of the test and diminishes the variance of error terms. The concluded probability, identified that the gain score analysis and the mixed design on interaction between "between subjects factor" and "within subjects factor", are identical. The analysis of covariance, demonstrated better power of the test and smaller error terms than the gain score analysis. Research on four analysis method found that the analysis of covariance is the most appropriate in clinical data than two repeated test with high correlation and ex ante affects ex post.

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Ex Ante Expectations & Ex Post Operating Performances of Mergers and Acquisitions of the Korean and U.S. Construction Industry (국내외 건설부문 기업결합성과 분석)

  • Choi, Jong-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.5 s.27
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    • pp.128-138
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    • 2005
  • The success of mergers and acquisitions(M&A) have been evaluated by either measuring ex ante expectations for the specified time period(Window) or assessing long term-based post operating performance (ex post operating performance). In this study, utilizing cumulative abnormal return(CAR) method, M&As which are observed in both domestic and U.S. construction industries were analyzed then research outcomes are compared. Analysis results indicate that stockholders of public construction companies did not realize significant economic gains from M&As. In other words, there was no synergistic gains from the construction M&As. Also, no significant performance difference was observed between related and unrelated diversifications.

Development of Ex-post Cost Benefit criteria and Analysis Plan for an Urban Stream Restoration Project: The Case of Cheonggyecheon Restoration Project (도심 하천복원사업을 위한 사후 비용편익 항목 및 분석방안 제시: 청계천 복원사업을 사례로)

  • Lee, Miyeon;Jung, Insu
    • Journal of Environmental Policy
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    • v.11 no.3
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    • pp.67-96
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    • 2012
  • The Ministry of Environment in Korea has been promoting the urban stream restoration project for paved streams in cities as the restored Cheonggyecheon. As an elementary study for suggesting policy implications for the project, cost and benefit criteria for an ex-post analysis on the Cheonggyecheon project is suggested in this study. The ex-ante analysis were reviewed critically by focusing on the cost and benefit criteria. Ex-post analysis plan in this study is developed considering the standard guideline of pre-feasibility, the theory of cost-benefit analysis, and the review results. The costs for compensating lands, amending conflicts, researching rivers, and maintaining water quantity were also included. For the benefits, this study proposes to estimate the benefits with the assessment on naturalness of stream. The results are expected to contribute to increase the efficiency of the urban stream restoration project and evaluate the project to match better with the meaning of the river restoration.

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Technological Competitiveness of the Korean Industries (한국의 산업 유형별 기술경쟁력 패턴)

  • 이공래
    • Journal of Technology Innovation
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    • v.5 no.2
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    • pp.48-79
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    • 1997
  • This study aims to evaluate and identify the patterns of the technological competitiveness of the Korean industry. Such statistics as R&D expenditure and R&D manpower as input indexes, US patent registrations and export sales as output indexse were used. It was turned out that such industrial types as specialized-suppliers industries, scale-intensive industries and science-intensive industries showed relatively strong technical competitiveness. However, resource-intensive industries and labor-intensive industries which had maintained a competitive advantage in the 1970s and the 1980s appeared to be gradually losing their technological competitiveness. These results are by and large in accordance with the trends of export performance. This study conducted the canonical discriminant analysis in order to test the correctness of the patterns displayed in the technological competitiveness of the Korean industry. The result of the analysis showed that the five patterns of technical strength of the Korean industries are significantly independent each other for four respective variables which are used to distinguish industries. This implies that the ex ante industrial classification into five types was correct in terms of the ex post statistics, and that the patterns of technological competitiveness discovered in this study are also statistically correct.

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한국의 산업유형별 기술경쟁력 패턴

  • 이공래
    • Proceedings of the Technology Innovation Conference
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    • 1997.12a
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    • pp.197-228
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    • 1997
  • This study aims to evaluate and identify the Patterns of the technological competitiveness of the Korean industry. Such statistics as R&D expenditure and R&D manpower as input indexes, US patent registrations and export sales as output indexes were used. it was turned out that such industrial types as specialized-suppliers industries, scale-intensive industries and science-intensive industries showed relatively strong technical competitiveness. However, resource-intensive industries and labor-intensive industries which had maintained a competitive advantage in the 1970s and the 1980s appeared to be gradually losing their technological competitiveness. These results are by and large in accordance with the trends of export performance. This study conducted the canonical discriminant analysis in order to test the correctness of the patterns displayed in the technological competitiveness of the Korean industry. The result of the analysis showed that the five patterns of technical strength of the Korean industries are significantly independent each other for four respective variables which are used to distinguish industries. This implies that the ex ante industrial classification into five typers was correct in terms of the ex post statistics, and that the patterns of technological competitiveness discovered in this study are also statistically correct.

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An Exploratory Study on the Causal-effect Relationship between Valuation and Performance in Ventures (벤처기술평가와 경영성과의 인과관계에 관한 탐색연구)

  • Yang, Dong-Woo
    • 한국벤처창업학회:학술대회논문집
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    • 2006.11a
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    • pp.61-85
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    • 2006
  • The Purpose of this study is to prove empirically the relationship between ventures' technology valuation and performance, while considering the uniqueness of Korean firms. We use technology valuation index, marketability valuation index, business valuation index as ex-ante independent variables, use firm's performance(sales, asset, operating income ratio, net income ratio etc) as ex-post dependent variables. Parametric analysis such as Paired T-test, ANOVA are applied in this paper. The results of Empirical analysis is summarized as follows. Firstly, operating income ratio and net income ratio are different in portfolios classified by technology valuation index. Secondly, the growth rate of operating income is different in portfolios classified by technology valuation index. Finally, this study has shown that technology valuation index has possibility which it use the predictive variables of ventures' performances.

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An Empirical Study on the Relationship between Technology Valuation and Performance in Ventures (벤처의 기술평가와 경영성과의 관계에 관한 연구)

  • Yang, Dong-Woo
    • Knowledge Management Research
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    • v.4 no.1
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    • pp.21-33
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    • 2003
  • The Purpose of this study is to prove empirically the relationship between technology valuation and performance in Ventures, while considering the uniqueness of Korean firms. We use technology score, marketability score, business attractiveness score as ex-ante independent variables, use firm's performance(sales, asset, operating income ratio, net income ratio etc) as ex-post dependent variables. Parametric analysis such as Paired T-test, ANOVA are applied in this paper. The results of Empirical analysis is summarized as follows. Firstly, operating income ratio and net income ratio are different in portfolios classified by technology score. Secondly, the growth rate of operating income is different in portfolios classified by technology score. Finally, this study has shown that technology score has possibility which it use the predictive variables of firm performances.

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Study on Geostatistical Method for an Effectiveness Analysis on Carbon Reduction Policy - Focusing on the Carbon Point System (탄소저감정책 효과분석을 위한 공간통계기법 적용방안 연구 - 탄소포인트제도를 대상으로 -)

  • Hwang, Hae-Seong;Joo, Yong-Jin;Koh, June-Hwan
    • Spatial Information Research
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    • v.20 no.1
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    • pp.71-80
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    • 2012
  • Carbon Point system is Climate Change Action Program by providing incentives in proportion to voluntary reduction of energy consumption such as electricity, gas and water for houses, commercial facilities. So far, existing researches have been limited to construction of GHG(Green House Gas) Inventory and have little attention to empirical impact analysis on carbon reduction policy regarding the residential section. Therefore, this paper is intended to provide convincing findings of impact analysis on carbon reduction, revolving around the carbon point system. For this, we firstly calculated the carbon emission by using electricity and gas usage data in household targeting to Seongbuk-Gu. Carrying out IPA and spatio-temporal analysis. Then, we are capable of visualizing spatial patterns from 2007 to 2009 as a macro analysis. Following that, we explored the effect on carbon point system through Ex ante-Ex post Analysis by paired t-test. To conclude, we can spatially identify the distribution with a significant difference between carbon emissions according to energy use as a micro analysis by Hot Spot to Analysis on point entities. It is to be hoped that this method will be utilized to establish various policies and to evaluate the effect of reduction of GHG.

On the Relationship between Evaluation Indexes and Firms' Performance: An Empirical Study on Venture Firms in Korea (중소벤처기업성과와 국내 지원기관들의 평가지표간의 상관관계에 관한 실증연구)

  • Choi, Jong-Yeon;Yang, Dong-Woo
    • Journal of Korea Technology Innovation Society
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    • v.9 no.4
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    • pp.812-841
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    • 2006
  • Previous studies have shown that the ex-ante financial ratios, mainly used by financial institutions for loan evaluation purpose, are related to the ex-post finn's performance of venture firm's. The main objective of this study is to examine whether non-financial variables such as 'technology', 'marketability', and 'other business indexes' have extra explanatory power in forecasting the ex-post firm's performance of small and medium size venture firm's in Korea. The implications and results of this study are expected to be useful in loan evaluation, investment decision and internal management decisions of venture firms. Among small and medium sized manufacturing firms funded in the year of 1999 through 2005, 416 firms are selected for our analysis. The relationship between evaluation indexes and firm's success/failure is investigated using binary logistic regression analysis and factor analysis with an aid of SPSS program. The summarized results are as follows. First, current evaluation model, used for loan evaluation purpose for small and medium size manufacturing firms show the same discriminatory power as previous prediction model. Second, among the tested additional variables, significant indices are 'technological capability of CEO', 'managerial capability of CEO', and 'business feasibility'. Third, while previous studies on evaluation structure had 3 factors, this study showed that valuation's structure has 6 factors.

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