• Title/Summary/Keyword: High land

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Land Price in Korea: Land Speculation and Market Failure (한국의 지가: 토지투기와 시장실패)

  • 이진순
    • Journal of the Korean Regional Science Association
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    • v.8 no.1
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    • pp.1-29
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    • 1992
  • The major purpose of this paper is to examine two closely related issues. An attempt is made here to examine internationally high land price in Korea from the perspectives of market fundamentals (MF) and bubble theory, respectively. Another theoretical issue, whether land speculation can result in market failure, is also examined. It has been concluded that the primary causes for the rapid increases in land prices in Korea, could be found in the perspective of MF. (1) The financial intermediaries has been controlled by the government since 1960s. Real Interest rates in the commercial banks has been controlled at the level of zero or sometimes negative; scarce financial resources has been rationed by the government. The governmental control of the bands has also resirained the development of securities market. Money, which can not find the appropri opportunity for saving in financial market, moves to land market. (2) Socially created land value, based on rapid economic gorwth and big public investment, has been appropriated mainly by the private: The effective tax rate of land holding tax has been under 0.02 percent; Real Estate Capital Galns Tax has, in fact, affected few persons, mainly because examptions and preferential taxation have been widely permitted. (3) The government has ploaced severe limitations on rural-to-urban land conversion, although the demand for urban uses has repidly grown. All factors above caused the cyclical land speculation. This, in turn, created the myth that land prices will inevitably continue to rise. Based on the myth, the growing bubble in land price has been created. This is the secondary reason for high land price relative to income in Korea. It is also shown that it is possible that speculation in land results in market failure because land is fixed in quantity and can be used for production and speculation purposes simultaneously.

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A Comparative Study on Land Reform between Capitalist and Socialist (자본주의(資本主義)와 사회주의(社會主義) 농지개혁(農地改革) 비교연구(比較硏究))

  • Kim, Jai Hong
    • Korean Journal of Agricultural Science
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    • v.10 no.2
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    • pp.382-392
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    • 1983
  • Land Reform is a distributive measure which transfers power, property, income and status from one group in the community to another. There are two strategies in land reform, capitalist strategy and socialist strategy. The two strategies are different not only in their objectives and ideologies, but also in the method of land allotment and confiscatin. Capitalist land reform is aimed at accomplishing the land -to -the -tiller program of which the implementing process is always included rent reduction and sale of public lands. Socialist land reform is aimed at achieving abolition of property right of land and application of all rent revenue from land to public purpose. The process of the socialist land reform is comprising Bauernbefreiung and land collectivization. In conclusion, the former is resulted in high productivity of land and the later is identified low productivity of land.

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Calculation of Land Category Area and Pollution Loads according to Real Land Usage using High Resolution Satellite Image (고해상도 영상자료를 이용한 실제토지이용에 따른 지목면적 및 부하량 산정)

  • Park, Jae Hong;Lee, Su Woong;Park, Ju Hyun;Rhew, Doug Hee;Jung, Dong Il;Choi, Hye Mi;Jeon, Woo Song
    • Journal of Korean Society on Water Environment
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    • v.25 no.2
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    • pp.193-204
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    • 2009
  • The study was conducted investigation on land of D-dong in N city which is an urban area and D myeon of N city which is a suburban area, based on high resolution satellite image, to find out actual land usage. As for D-dong in N city, different rate between actual usage and official land information was 0.5~4.8% in terms of 5 major land types (paddy field, farm, ground, forest, and others). D myeon in N city posted 1.4~8.4%, which is higher than that of its counterpart. As for unit load, "land" which is large in terms of load presented a big difference between official information and actual usage. On the other hand, the levels of paddy, field, forest and others posted only small changes in load. In case of T-P, in particular, unit of each land type is lower than BOD and T-N, showing almost no changes in pollution loads.

A Comparison of the Land Cover Data Sets over Asian Region: USGS, IGBP, and UMd (아시아 지역 지면피복자료 비교 연구: USGS, IGBP, 그리고 UMd)

  • Kang, Jeon-Ho;Suh, Myoung-Seok;Kwak, Chong-Heum
    • Atmosphere
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    • v.17 no.2
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    • pp.159-169
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    • 2007
  • A comparison of the three land cover data sets (United States Geological Survey: USGS, International Geosphere Biosphere Programme: IGBP, and University of Maryland: UMd), derived from 1992-1993 Advanced Very High Resolution Radiometer(AVHRR) data sets, was performed over the Asian continent. Preprocesses such as the unification of map projection and land cover definition, were applied for the comparison of the three different land cover data sets. Overall, the agreement among the three land cover data sets was relatively high for the land covers which have a distinct phenology, such as urban, open shrubland, mixed forest, and bare ground (>45%). The ratios of triple agreement (TA), couple agreement (CA) and total disagreement (TD) among the three land cover data sets are 30.99%, 57.89% and 8.91%, respectively. The agreement ratio between USGS and IGBP is much greater (about 80%) than that (about 32%) between USGS and UMd (or IGBP and UMd). The main reasons for the relatively low agreement among the three land cover data sets are differences in 1) the number of land cover categories, 2) the basic input data sets used for the classification, 3) classification (or clustering) methodologies, and 4) level of preprocessing. The number of categories for the USGS, IGBP and UMd are 24, 17 and 14, respectively. USGS and IGBP used only the 12 monthly normalized difference vegetation index (NDVI), whereas UMd used the 12 monthly NDVI and other 29 auxiliary data derived from AVHRR 5 channels. USGS and IGBP used unsupervised clustering method, whereas UMd used the supervised technique, decision tree using the ground truth data derived from the high resolution Landsat data. The insufficient preprocessing in USGS and IGBP compared to the UMd resulted in the spatial discontinuity and misclassification.

Spatial Characteristics and Driving Forces of Cultivated Land Changes by Coupling Spatial Autocorrelation Model and Spatial-temporal Big Data

  • Hua, Wang;Yuxin, Zhu;Mengyu, Wang;Jiqiang, Niu;Xueye, Chen;Yang, Zhang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.15 no.2
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    • pp.767-785
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    • 2021
  • With the rapid development of information technology, it is now possible to analyze the spatial patterns of cultivated land and its evolution by combining GIS, geostatistical analysis models and spatiotemporal big data for the dynamic monitoring and management of cultivated land resources. The spatial pattern of cultivated land and its evolutionary patterns in Luoyang City, China from 2009 to 2019 were analyzed using spatial autocorrelation and spatial autoregressive models on the basis of GIS technology. It was found that: (1) the area of cultivated land in Luoyang decreased then increased between 2009 and 2019, with an overall increase of 0.43% in 2019 compared to 2009, with cultivated land being dominant in the overall landscape of Luoyang; (2) cultivated land holdings in Luoyang are highly spatially autocorrelated, with the 'high-high'-type area being concentrated in the border area directly north and northeast of Luoyang, while the 'low-low'-type area is concentrated in the south and in the municipal area of Luoyang, and being heavily influenced by topography and urbanization. The expansion determined during the study period mainly took place in the Luoyang City, with most of it being transferred from the 'high-low'-type area; (3) elevation, slope and industrial output values from analysis of the bivariate spatial autocorrelation and spatial autoregressive models of the drivers all had significant effects on the amount of cultivated land holdings, with elevation having a positive effect, and slope and industrial output having a negative effect.

Physical Properties of 50MPa and 80MPa Ternary High Strength Concretes before and after Concrete Pumping

  • Lee, Bum-Sik;Kim, Seong-Deok;Jun, Myoung-Hoon;Park, Sung-Sik;Park, Su-Hee;Jung, Sang-Jin
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.4
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    • pp.451-459
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    • 2012
  • At the Korea Land and Housing Corporation(LH), concretes with high design strength of 50 MPa and 80 MPa that are composed only of ordinary Portland cement, blast furnace slag, and fly ash are developed. To determine whether the developed high strength concretes have the same properties when they are produced in batch plant(B/P) condition in the ready mixed concrete plant, and as existing high strength concretes, field tests are performed and material properties are evaluated. To investigate the material properties of the high strength concretes before and after pumping, compressive strength, flowability, air content, hydration temperature, pumping and compactability are evaluated. In field tests, before and after pumping, flowability satisfied the relevant criteria. In terms of air content, while it was slightly decreased after pumping, it satisfied the requirements. Hydration temperature criteria were satisfied, and compactability was excellent as well. The study found that the developed ternary high strength concretes have the same properties as existing high strength concretes. They can also be useful for the construction of high-rise buildings, as they are economical.

Reducing Spectral Signature Confusion of Optical Sensor-based Land Cover Using SAR-Optical Image Fusion Techniques

  • ;Tateishi, Ryutaro;Wikantika, Ketut;M.A., Mohammed Aslam
    • Proceedings of the KSRS Conference
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    • 2003.11a
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    • pp.107-109
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    • 2003
  • Optical sensor-based land cover categories produce spectral signature confusion along with degraded classification accuracy. In the classification tasks, the goal of fusing data from different sensors is to reduce the classification error rate obtained by single source classification. This paper describes the result of land cover/land use classification derived from solely of Landsat TM (TM) and multisensor image fusion between JERS 1 SAR (JERS) and TM data. The best radar data manipulation is fused with TM through various techniques. Classification results are relatively good. The highest Kappa Coefficient is derived from classification using principal component analysis-high pass filtering (PCA+HPF) technique with the Overall Accuracy significantly high.

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High MSE wall design on weak foundations

  • Mahmoud Forghani;Ali Komak Panah;Salaheddin Hamidi
    • Geomechanics and Engineering
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    • v.36 no.4
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    • pp.329-341
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    • 2024
  • Retaining structures are one of the most important elements in the stabilization of excavations and slopes in various engineering projects. Mechanically stabilized earth (MSE) walls are widely used as retaining structures due to their flexibility, easy and economical construction. These benefits are especially prominent for projects built on soft and weak foundation soils, which have relatively low resistance and high compressibility. For high retaining walls on weak foundations, conventional design methods are not cost-effective. Therefore, two alternative solutions for different foundation weakness are proposed in this research: optimized multi-tiered MSE walls and single tier wall with foundation improvement. The cost optimization considers both the construction components and the land price. The results show that the optimal solution depends on several factors, including the foundation strength and more importantly, the land price. For low land price, the optimized multi-tiered wall is more economical, while for high land price (urban areas), the foundation improvement is preferable. As the foundation strength decreases, the foundation improvement becomes inevitable.

Is Higher Land Holding Tax the Solution for Korea's Land Problems? (토지보유과세강화(土地保有課稅强化)의 당위성(當爲性)에 대한 검토(檢討))

  • Son, Jae-young
    • KDI Journal of Economic Policy
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    • v.14 no.3
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    • pp.49-72
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    • 1992
  • This paper examines the increasingly popular belief that higher holding tax will be the ultimate solution for Korea's land problems which include excessive concentration of ownership, high and rapidly increasing land prices, and rampant speculation. In principle, land holding tax can supplement capital gains tax in recapturing capital gains from land or suppress returns from land investment returns in line with other forms of asset. This paper shows, however, that the tax burden must be drastically increased for the tax to achieve such goals, and the resistance from tax payers is sure to be intense. As long as the price expectation remains high, as in Korea where land prices have increased 19% annually during the past 18 years, even such increase in the tax may have little impact on landlords' behaviors, the price trend, or the ownership structure. More effective solutions for Korea's land problems are relaxing land use regulations to encourage the supply for urban land and improving the performance of capital gains tax to recapture windfall gains from land. This paper also notes that the so-called "lock-in effect" of the capital gains tax seems to be exaggerated. Land holding tax should be viewed as a revenue raiser for local governments rather than an anti-speculative policy tool. Abandoning unattainable policy goals and adhering to the general principles of taxation, will make land holding tax much simpler, and will better function as a local revenue source.

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Evaluating the Land Surface Characterization of High-Resolution Middle-Infrared Data for Day and Night Time (고해상도 중적외선 영상자료의 주야간 지표면 식별 특성 평가)

  • Baek, Seung-Gyun;Jang, Dong-Ho
    • Journal of the Korean Association of Geographic Information Studies
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    • v.15 no.2
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    • pp.113-125
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    • 2012
  • This research is aimed at evaluating the land surface characterization of KOMPSAT-3A middle infrared (MIR) data. Airborne Hyperspectral Scanner (AHS) data, which has MIR bands with high spatial resolution, were used to assess land surface temperature (LST) retrieval and classification accuracy of MIR bands. Firstly, LST values for daytime and nighttime, which were calculated with AHS thermal infrared (TIR) bands, were compared to digital number of AHS MIR bands. The determination coefficient of AHS band 68 (center wavelength $4.64{\mu}m$) was over 0.74, and was higher than other MIR bands. Secondly, The land cover maps were generated by unsupervised classification methods using the AHS MIR bands. Each class of land cover maps for daytime, such as water, trees, green grass, roads, roofs, was distinguished well. But some classes of land cover maps for nighttime, such as trees versus green grass, roads versus roofs, were not separated. The image classification using the difference images between daytime AHS MIR bands and nighttime AHS MIR bands were conducted to enhance the discrimination ability of land surface for AHS MIR imagery. The classification accuracy of the land cover map for zone 1 and zone 2 was 67.5%, 64.3%, respectively. It was improved by 10% compared to land cover map of daytime AHS MIR bands and night AHS MIR bands. Consequently, new algorithm based on land surface characteristics is required for temperature retrieval of high resolution MIR imagery, and the difference images between daytime and nighttime was considered to enhance the ability of land surface characterization using high resolution MIR data.