• Title/Summary/Keyword: Financial structure

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Rising Household Income Inequality in Korea, 1996-2000 - Impacts of Changing Wages, Labor Supply, and Household Structure - (1996~2000년 한국의 가구소득불평등 확대 - 임금, 노동공급, 가구구조 변화의 영향 -)

  • Lee, Chulhee
    • Journal of Labour Economics
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    • v.31 no.2
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    • pp.1-34
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    • 2008
  • This study estimates what fraction of the rise in household income inequality in Korean between 1996 and 2000 is accounted for by the change in each of the household income components, such as wages, employment, hours of work of household heads and spouses, household structure, and other incomes. The increased disparities of household heads' wages and labor supply explain, respectively, 70% and 34% of the rise in the difference in incomes between the top 10% and bottom 10% households. Changing labor supply of spouses, in contrast, was a strong countervailing force that diminished the measure of household income inequality by 21%.

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A Study on Characteristics of Industrial Structure by Shift-Share Analysis : The Case of Chungnam Geumgang Area (변이할당분석을 이용한 충청남도 금강권 산업구조 특성 분석)

  • Kim, Sung-Rok;Lee, Jong-Sang
    • Journal of Korean Society of Rural Planning
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    • v.20 no.1
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    • pp.127-134
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    • 2014
  • This study, in order to complement instability of analysis result stemming from the choice between reference point and comparison point which is pointed out as the defect of shift-share analysis, conducted shift-share analysis using Gross Regional Domestic Product (GRDP) trend of Geumgang area, Chungcheongnam-do for the period from 2000 to 2011. As a result of the analysis, (1) industries that had both the positive Regional Share Effect (RSE) and Industrial Mixed Effect (IME) were service industries such as manufacturing industry, electricity gas, transportation industry, art, etc., which are positively influencing the regional industry. (2) industries that had both the negative RSE and IME were other service industries such as wholesale and retail businesses, lodging industry, food industry, real estate business and leasing service, business service industry, public administration, etc., which provide basic livelihood services for the residents. (3) industries that had the positive RSE and negative IME were agriculture, forestry and fishery industry, mining industry, construction industry, and educational service industry. (4) industries that had the negative RSE and positive IME were info-communications industry, financial and insurance businesses, health industry, etc.

A New Approach to Statistical Analysis of Electrical Fire and Classification of Electrical Fire Causes

  • Kim, Doo-Hyun;Lee, Jong-Ho;Kim, Sung-Chul
    • International Journal of Safety
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    • v.6 no.2
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    • pp.17-21
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    • 2007
  • This paper aims at the statistical analysis of electrical fire and classification of electrical fire causes to collect electrical fires data efficiently. Electrical fire statistics are produced to monitor the number and characteristics of fires attended by fire fighters, including the causes and effects of fire so that action can be taken to reduce the human and financial cost of fire. Electrical fires make up the majority of fires in Korea(including nearly 30% of total fires according to recent figures), The incorrect and biased knowledge for electrical fires changed the classification of certain types of fires, from non-electrical to electrical. It is convenient and required to develop the standardized form that makes, in the assessment of the cause of electrical fires, the fire fighters directly ticking the appropriate box on the fire report form or making an assessment of a text description. Therefore, it is highly recommended to develop electrical fire cause classification and electrical fire assessment on the fire statistics in order to categorize and assess electrical fires exactly. In this paper newly developed electrical fire cause classification structure, which is well-defined hierarchical structure so that there are not any relationship or overlap between cause categories, is suggested. Also fire statistics systems of foreign countries are introduced and compared.

METAPHORIC NAVIGATION AIDS FOR CYBER SHOPPING MALLS: AN EMPIRICAL STUDY TOWARD THE CONSTRUCTION OF CUSTOMER INTERFACE

  • Kim, Jin-Woo
    • Management Science and Financial Engineering
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    • v.3 no.2
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    • pp.1-27
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    • 1997
  • Designing effective navigation aids for customer interfaces is critical for the success of cyber shopping malls. Navigation aids can be classified into either basic ones which are based on the structure of the malls or add-ons which are not. Add-on navigation aids provide various short-cuts to promote efficient traversal in the cyber shopping malls, but too many of them would increase the complexity of the customer interface. Metaphors have been used widely for the design of add-on navigation aids, but little research evaluates their impact on the processes and outcomes of customers behavior in cyber shopping malls. This paper presents an empirical study that investigates the navigation process of customers and the subjective evaluation of their shopping experience. This research implemented two versions of a test-bed cyber shopping mall according to different metaphors used; one based on a spatial metaphor, and the other based on a non spatial metaphor. The results of the experiment indicate that navigation aids based on the spatial metaphor were used more frequently, which resulted in better understanding about the entire structure of the cyber shopping malls, which in turn led to an increased ease of finding target items and also a more pleasant shopping experience. The benefits of navigation aids based on the spatial metaphor became more evident when customers were looking for ad-hoc category items rather than common items. This paper presents plausible explanations for the results and implications to the design of navigation aids for cyber shopping malls.

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Performance-based seismic analysis and design of code-exceeding tall buildings in Mainland China

  • Jiang, Huanjun;Lu, Xilin;Zhu, Jiejiang
    • Structural Engineering and Mechanics
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    • v.43 no.4
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    • pp.545-560
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    • 2012
  • Design codes provide the minimum requirements for the design of code-compliant structures to ensure the safety of the life and property. As for code-exceeding buildings, the requirements for design are not sufficient and the approval of such structures is vague. In mainland China in recent years, a large number of code-exceeding tall buildings, whether their heights exceed the limit for the respective structure type or the extent of irregularity is violated, have been constructed. Performance-based seismic design (PBSD) approach has been highly recommended and become necessary to demonstrate the performance of code-exceeding tall buildings at least equivalent to code intent of safety. This paper proposes the general methodologies of performance-based seismic analysis and design of code-exceeding tall buildings in Mainland China. The PBSD approach proposed here includes selection of performance objectives, determination of design philosophy, establishment of design criteria for structural components and systems consistent with the desirable and transparent performance objectives, and seismic performance analysis and evaluation through extensive numerical analysis or further experimental study if necessary. The seismic analysis and design of 101-story Shanghai World Financial Center Tower is introduced as a typical engineering example where the PBSD approach is followed. The example demonstrates that the PBSD approach is an appropriate way to control efficiently the seismic damage on the structure and ensure the predictable and safe performance.

The Study of Korean Manufacturing Industry Wage : Principal Components Regression Analysis (한국 제조업의 임금결정에 대한 연구 : 외환위기 전·후를 중심으로)

  • Oh, Yu-Jin;Park, Sung-Joon;Kim, Yu-Seop
    • Journal of Labour Economics
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    • v.28 no.1
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    • pp.61-82
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    • 2005
  • We investigate wage differentials in Korea in the manufacturing industry, as well as factors affecting structural change in wage determination for the pre- and post-financial crisis regimes. We use the 1995 and 1999 data from the Survey Report on the Wage Structure (SRWS) from the Ministry of Labor. Principal components regression analysis is used to tackle multicollinearity. We employ factor analysis to reduce a set of variables to a smaller number, which contain observed and latent variables. Our empirical investigation provide evidences for changes in wages structure between 1995 and 1999. In 1995, the job quality factor is the most critical in the determination of wages, while in 1999, the industry attributes factor impacts greatly on the wages.

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A Study on the Management of Fisheries Cooperative in Korea (한국수협운영의 문제점과 대책방향)

  • 김경호
    • The Journal of Fisheries Business Administration
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    • v.26 no.2
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    • pp.27-52
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    • 1995
  • I have outlined the history of Korean Fisheries Co - coperatives and its economic and noneconomic contribution to Korean Fisheries. But in order to overcome new economic world trend that is emerging now with the beginning of the WTO Korean Fisheries Co - operatives should change itself. It can be summarlized as follows. (1) The early Korean Fisheries Co - operatives was monopolized by Japanese under the Japanese colonial rule. (2) The modern Korean Fisheries Co - operatives was organized in 1962. 4. 1 by Korean government. (3) Korean Fisheries Co - operatives was weak in democratic management because of socioeconomic bad condition. (4) In spite of the dependence on the government financial aid Korean Fisheries Co - operatives has contributed to the fisheries development. (5) At the aid of the credit undertaking economic project was enlarged greatly, (6) With the close of the UR talks we cannot but open out fisheries market. So we are in condition that must enforce out fisheries compatability. especially, \circled1 Improvement of fisheries structure to enlarge management scale \circled2 Increase of productivity in fishing ground \circled3 The continuous endeavour to positive marine resourses making (7) Reorganization of fisheries, for example fisheries system or fisheries structure (8) Reexamination of the organization and operation of Korean Fisheries Co - operatives. And taking a proper step to improve their weak points. (9) The strengthening of the activity of investigation and study in centural Fisheries Co - operatives (10) It needs a special study to establish a few target or object in the management of Fisheries Co - operatives. When we could solve these ones mentioned above our fisheries will develop again.

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Integration of Ship Outfitting BOM with Lifecycle Stages (선박 의장 BOM을 Lifecycle을 고려한 BOM 통합 방안 연구)

  • Kim, Dae-Seok;Lee, Kyung-Ho;Lee, Jang-Hyun;Lee, Jung-Min;Lee, Kwang;Kim, Jin-Ho
    • Korean Journal of Computational Design and Engineering
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    • v.16 no.3
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    • pp.187-196
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    • 2011
  • Generally, BOM (Bill of Material) means a part list which is needed to manufacture or assemble a product or part. During manufacturing processes, BOM is inevitably required for most of enterprise processes such as design, procurement, production planning/control, resource planning, and financial works. Every manufacturing industry uses many kinds of BOM's that are adjusted to the requirement of functions of their work division. Moreover, BOM evolves in different forms according to the product development phases such as conceptual design; function design, detail design, and production design because it is necessary to use different product structures to keep product data generated throughout the lifecycle of a product. This includes all data and information related to the all the product development phases. Shipbuilding works also are processed and controlled based on BOM. However, effective maintenance of ship outfitting BOM data is getting difficult as the amount and complexity of data have increased due to variety and long lifecycle of ship. For the effective management of outfitting BOM data, two aspects must be considered. One is how to classify numerous BOMs type and the others how to display BOMs. So this study suggests a method to classify BOM types and propose two categories - Structure BOM, Display BOM. Base on this result, we propose the integrated ship outfitting BOMs model and analysis outfitting BOMs.

A Study on the Financing Decision of Korean Private Hospitals (우리나라 민간병원의 자본조달결정에 관한 연구)

  • Choi, Man-Kyu
    • Korea Journal of Hospital Management
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    • v.7 no.3
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    • pp.25-43
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    • 2002
  • This study focuses on the factors that make the financing decision of private hospitals in Korea. Data used in this study were collected from 98 hospitals with complete general data of current status as well as financial statements. They were chosen from the 138 hospitals that passed the accreditation process by the Korean Hospital Association from 1996 to 2000 for the purpose of accrediting training hospitals. The dependent variables in this study consist of total liabilities to total assets, borrowings to total assets. The independent variables are ownership, hospital type, teaching status, location, bed size, period of establishment, asset structure, profitability, growth, tax shields, volatility of profit, competition(market concentration), and other factors. The major findings of this study are as follows. The factors found to have significant effect on liabilities to total assets are teaching status(-), asset structure(-), profitability(-), tax shields(+), and business risk(-). University hospitals have less liabilities than the non-university hospitals. It was also confirmed that high profitability, high fixed asset, high volatility of profit and low tax shields results in decrease in liabilities. The factors that significantly affect on borrowings to total assets are teaching status(-), period of establishment(-), volatility of profit(-) and competition(+).

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Development of Multi-Functional System Furniture for Studio (소형 주거공간을 위한 가변형 시스템가구 개발에 관한 연구)

  • Kim, Sang Kwon
    • Journal of the Korea Furniture Society
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    • v.26 no.4
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    • pp.356-363
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    • 2015
  • Recently, the increase of single households are remarkable in Korean society due to various social and economic reasons such as aging and changes in values, and it is expected to bring many changes to social and economic structures and residential spaces. Increase of single households is a result of complex economic, cultural and social factors. It is because as the individual's financial independence increases due to elevated income and education level, the age of marriage is going up and the individualism, which values the individual's value rather than custom, is spreading. It is expected to accelerate further in connection with the changes in structure of population, such as a low birth rate and aging. As the number of single households is increasing, the development and marketing for single household products are actively growing. With the increase in consumption demand and need of growing single households, the multi-functional system furniture that can be efficiently and conveniently used in small spaces are needed, but the furniture manufactured in Korean companies are designed for regular housing and is not suitable for single households. Therefore, the aim of this study is to develop multi-functional system furniture can be freely used in the housing structure of single household and small spaces.