• Journal of Information Technology Services
• /
• v.10 no.1
• /
• pp.191-209
• /
• 2011

The purpose of this research is to develop a service R&D concept definition and finding service R&D demand in Korea. It is necessary to develop an effective service R&D model to improve the competitiveness of the service industry. A survey model for finding service R&D demands has been developed through extensive discussions with experts. A demand survey for 91 experts in service industry and academia has been conducted to find relative weights of each service R&D category. Several other aspects on service R&D has beed investigated to analyze the relative importance of service R&D subjects. And a benchmarking on previous service R&D research investment has been performed. Past and present service R&D topics are compared as a whole and by each individual domain. A service R&D framework and important funding areas has been suggested. The results of this research can be used for research fund allocation decisions for strengthening service industry competitiveness.

• Journal of the Korea Institute of Information and Communication Engineering
• /
• v.6 no.7
• /
• pp.1001-1005
• /
• 2002

In march 2002, Study Group on Long-Run Incremental Cost(LRIC) Model of Japan compiled its report. In this report shows there are three ways of inter-islands and island to land telecommunication service, radio communication, suboptic, communication satellite. Analysis of Japanese island network model is helpful in developing Korean island network model. The development of Korean island network model will make he useful costing of local loop unbundling, universal service fund and access charge.

• Atmosphere
• /
• v.16 no.4
• /
• pp.319-332
• /
• 2006

This study examines the capability of the WRF (Weather Research and Forecasting) model in reproducing heavy rainfall that developed over the Korean peninsula on 26-27 June 2005. The model is configured with a triple nesting with the highest horizontal resolution at a 3-km grid, centered at Yang-dong, Gyeonggi-province, which recorded the rainfall amount of 376 mm. In addition to the control experiment employing realistic orography over Korea, two consequent sensitivity experiments with 1) no orography, and 2) no land over Korea were designed to investigate orographic effects on the development of heavy rainfall. The model was integrated for 48 hr, starting at 1200 UTC 25 June 2005. The overall features of the large-scale patterns including a cyclone associated with the heavy rainfall are reasonably reproduced by the control run. The spatial distribution of the simulated rainfall over Korea agreed fairly well with the observed. The amount of predicted maximum rainfall at the 3-km grid is 377 mm, which located about 50 km southeast from the observed point, Yang-Dong, indicating that the WRF model is capable of predicting heavy rainfall over Korea at the cloud resolving resolutions. Further, it was found that the complex orography over the Korean peninsula plays a role in enhancing the rainfall intensity by about 10%. The land-sea contrast over the peninsula was fund to be responsible for additional 10% increase of rainfall amount.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
• /
• 2002.11a
• /
• pp.924-927
• /
• 2002

In (equation omitted) 2002, Study Croup on Long-Run Incremental Cost(LRIC) Model of Japan compiled its report. In this (equation omitted) shows there are three ways of inter-islands and island to land telecommunication service, radio communication, suboptical, communication satellite. Analysis of Japanese island network model is helpful in developing Korean island network model. The development of Korean island network model will make use of local loop unbundling, universal service fund and access charge.

• Journal of the Korean Society of Safety
• /
• v.28 no.1
• /
• pp.6-11
• /
• 2013

In this study, the effect of damping and elastic nature on the control performance of a safety budget-industrial accident rate model in Korea is examined first. The effectiveness of such dynamic model in establishing safety policies is shown with a simple proportional-integral(PI) feedback control mechanism. Control performance of the safety system model is explained in view of maximizing the effect of IAPF and minimizing the absolute amount of IAFP. Control performance is then evaluated and proved to be effective to prevent and reduce the industrial accidents. Implications in feedback control of a safety system model suggested to optimization of safety policies are also explored. Without proper restructuring of the safety system, it would not be possible to hit the target industrial accident rate. Even if the control objective is met, the amount of industrial accident prevention fund required to reduce the industrial accident rate from the current level to the target level would be far beyond the social consensus.

• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.8
• /
• pp.1-6
• /
• 2022

This paper uses the gravity model estimated by the random effect method to analyze the factors affecting Vietnam's coffee export turnover for the period 2007-2020 major markets according to statistics from the General Statistics Office and the General Department of Customs. Coffee export turnover was collected from the General Statistics Office, General Department of Customs, and Vietnam Cacao Coffee Association. The authors calculated the price of coffee based on output and export value from data on coffee export turnover; the authors calculated the economic gap based on population and Gross Domestic Product data (reference: geographic distance metrics on the website: http://www.distancefromto.net/countries.php) and other data was collected based on the databases of the Food and Agriculture Organization of the United Nations, the International Monetary Fund, and World Bank organizations. The results of the study show that from 2007 to 2020, the factors of Vietnam's export price of coffee, geographical distance, Gross Domestic Product of the importing country and Gross Domestic Product of Vietnam, the population of Vietnam, the economic gap between Vietnam and the importing country, the openness of the economy, all have an impact on Vietnam's coffee export turnover. Finally, some conclusions about the policy's impact are made based on the empirical results of the paper.

• Korean Management Science Review
• /
• v.32 no.1
• /
• pp.15-33
• /
• 2015

Under complete information, introducing additional constraints to a portfolio will have a negative impact on performance. However, real-life investments inevitably involve use of error-prone estimations, such as expected stock returns. In addition to the reality of incomplete data, investments of most Korean domestic equity funds are regulated externally by the government, as well as internally, resulting in limited maximum investment allocation to single stocks and risk free assets. This paper presents an investment framework, which takes such real-life situations into account, based on a newly developed portfolio selection model considering realistic constraints under incomplete information. Additionally, we examined the effects of additional constraints on portfolio's performance under incomplete information, taking the well-known Samsung and SK group stocks as performance benchmarks during the period beginning from the launch of each commercial fund, 2005 and 2007 respectively, up to 2013. The empirical study shows that an investment model, built under incomplete information with additional constraints, outperformed a model built without any constraints, and benchmarks, in terms of rate of return, standard deviation of returns, and Sharpe ratio.

• The Journal of Industrial Distribution & Business
• /
• v.8 no.7
• /
• pp.13-20
• /
• 2017

Purpose - Performance appraisal has a significant influence on the development of low-carbon tourism distribution. Research design, data, and methodology - Data of this study are collected from 27 provinces (cities) of China. SBM-Malmquist model is used to measure the TFP and its dynamic changes of low-carbon tourism distribution; TOBIT model is used to discuss the factors of TFP of low-carbon tourism distribution. Results - The results show that, there are obvious differences among regional TFP of low-carbon tourism distribution, the average change tends to grow positively in general, and the western region grows fastest on average due to the improvement of technical efficiency and technical progress, while there are technical efficiency improvement but technical regresses in eastern and central regions. The economic scale, economic strength, structure of energy consumption, location quotient and government regulation have a significant positive effect on the TFP of low-carbon tourism; energy intensity, industrial structure and opening degree have a negative effect; investments in fixed assets, intensity of R&D fund and urbanization rate have no significant influence on the TFP of low-carbon tourism. Conclusions - Improving the productivity of low-carbon tourism and reducing regional differences are effective ways to develop low-carbon tourism and enhance tourism competitiveness.

• The Journal of Asian Finance, Economics and Business
• /
• v.5 no.4
• /
• pp.21-34
• /
• 2018

The study tests the Fama and French three-factor model by using the newly created Islamic equity style indices. Based on a dataset from May 2006 to April 2011, the three-factor model is tested based on returns of Islamic unit trust funds using the Generalized Method of Moments (GMM) methodology. The sample period is also divided between periods before and after the Global Financial Crisis in August 2008 to test for robustness, and the Bai and Perron (2003) multiple structural break test was used to determine the structural break in the series. The analysis shows that the Fama and French model is valid for Islamic unit trust funds before and after the collapse of Lehman Brothers. The result further indicates the reversal of size effect. As for trading strategies, value funds outperform growth funds by annualized 3.13 percent for the full period. During pre-crisis period, value funds perform better than growth funds while in post-crisis, size factor yields better return than other strategies. As policy suggestion, fund managers need to be aware of the reversal of size effect, and they need to ensure a more transparent stock selection process so that investors can make an informed decision in their asset allocation.

• Journal of the Korea Institute of Building Construction
• /
• v.9 no.3
• /
• pp.117-125
• /
• 2009

With construction industry recession, many construction companies are increasingly conducting the development projects by themselves. However, housing projects requested by developers still stand large portion. Although many studies on feasibility analysis were released, they mainly focused on economic feasibility and lacked research on factors and criterions of overall project. Also, because previous studies overly break downed factors related to project, they rarely used in practice. Therefore, this study developed the feasibility analysis model of housing development projects to help main contractors to easily and effectively decide if it is feasible enough to promote the projects requested by developers, and verified the reliability of the model. In this study, thirty one driving factors were identified under seven different categories and the criterion of each factor was also developed. The survey on important index of each factor found 'salability', 'economic feasibility', 'site location' and 'method of raising fund' significant. 12 projects were tested by the model and its results showed resonable reliability.