• KDI Journal of Economic Policy
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• v.12 no.1
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• pp.3-29
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• 1990

Korean input-output tables for 1975 and 1985 are first deflated into 1975 constant domestic prices(hypothetical terms), and the constant price I-O data are used to decompose the sources of industrial growth and structural change during the 1975-85 period. Using the same methodology, our results for the 1975-85 period are then linked to the results for the earlier period(1955-75) in order to analyze and evaluate the "demand-side" sources of industrialization over the past three decades. The results from the decomposition of the whole economy indicate that over three decades(1955-85) the relative contribution of domestic demand expansion (DDE) to growth and structural change has continuously declined while the contribution of export expansion(EE) has generally continued to rise. The contribution of import-substitution(IS) which had been significantly higher than that of EE during 1955-63 declined substantially, remaining at an insignificantly low level during the period following 1963. Although it is well known that the government's industrial policy in the 1970s emphasized import-substitution in heavy and chemical industries, no significant changes in the export-oriented growth pattern could be observed even for that period, except for a minor decline in the relative contribution of EE. This may be attributed to the substantially larger, backward-linkage effects of EE than that of IS. The sources-of-growth decompositions for major branches of the manufacturing sector generally support the major conclusions derived from the decomposition for the whole economy. The IS contribution which had been significantly high in almost all manufacturing branches during the 1955-63 period declined to low levels in all but two branches, heavy industry and machinery, during the following period. On the other hand, the relative contribution of EE showed a continuous rise in almost all manufacturing branches(except food processing). Finally, the sources of growth for 1975-85 which were decomposed by detailed sub branches, are analyzed by correlating them with changes in relative prices and industrial protection rates by sub-branches for the same period. A major result is that contrary to general expectations, the EE contributions by sub-branch are not negatively correlated with the nominal rates of protection and/or the effective rates of protection for the same sub-branches. It is also found that no statistically significant, positive correlation exists between IS contributions and nominal protection rates or effective protection rates. These unexpected results may be explained by the peculiar nature of the Korean system of industrial incentives for the past period.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.42 no.2
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• pp.86-93
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• 2019

The population of domestic companion animals is estimated to be about 10 million now. In recent years, the domestic pet market has been launching a wide range of products and services for high quality, smart and well-being. As a result, the market size will increase from 900 billion won in 2012 to 2.3 trillion won in 2016, which has more than doubled in five years. The industry expects to reach 6 trillion won by 2020, expecting 3 trillion won this year. In particular, domestic dogs and cats market is estimated at 275.5 billion won, accounting for 19% of the domestic animal market and 1.425 billion won for the world market. However, despite the growing market for companion animals products, unfortunately the import dependence on related industrial goods is still high and the quality of service is very low. Unlike Europe and the United States, 90% of companion animals are housed in apartments, often causing problems in the health and safety of companions and companions. The purpose of this study is to develop a smart house for companion animals with environmental friendliness and AI function that can be won in competition with products of developed countries. The results of this study are expected to contribute to the creation of a new value - added base for the related industries through the strengthening of the competitiveness of the related SMEs and further the effect of employment increase and import substitution.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.472-476
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• 2011

Railway R&D technology development projects for the economic value of technology development does not mention the estimated economic impact on future policies must reflect the issues that are raised. In the research phase of technology development by providing value and economic effects can increase the utilization of technology development are considered. However, some items in some way to analyze and quantify its effect on what the procedures are not standardized, not as needed by individual researchers and analysis by providing a variety of reliability problems can occur. Therefore, the development of technologies to measure the value and economic impact analysis and the development of a standardized manual is needed. In this paper, development of railway technology R & D performance (technical, economic) to be estimated by an objective analysis of standardized and that man should aim to create. And the standard manual of the national economic effect in the development of technologies (production inducement effect, the effect of import substitution industries, including analysis using the taxable year), due to technology development and economic benefits (investment in railways in the handbook and the feasibility of the proposed railway project to produce various ally standards), technology development, and on which to base the valuation will.

• International Commerce and Information Review
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• v.8 no.2
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• pp.211-226
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• 2006

This paper discusses the definition of the term "domestic industry" in relation to the application of the safeguards provisions of the WTO through the judicial interpretation made by the WTO Appellate Body and panel. The requirements for the imposition of safeguards include a rapid increase in import quantity, the existence of serious injury or threat of serious injury to the domestic industry, and a causal relationship between the increase in imports and the industrial injury. The domestic industry refers to the producers that account for a considerable portion of the total national production, or the national producers who produce articles "like" or "directly competitive" with the specific imports. Chronically, there have been controversial disputes relating to the interpretation of the term "like" or "directly competitive". Reviewing the disputes relating to the term "domestic industry" in application of the safeguards provisions since the establishment of the WTO, the interpretation of the term "like" has been made imposing weight on the physical characteristics of the products. This interpretation is in contrast with that of the interpretation of the term "directly competitive" which has been interpreted with imposed weight on the commercial elasticity of substitution which can be measured by the final use or consumer's taste.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.38 no.9
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• pp.900-906
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• 2010

We analyse benefits and costs of investment on the assurance of aircraft design and development of related infrastructure. Although the discounted cash flow from the sales of aircrafts is found to be smaller than the amount of required investment, the net present value considering the effects of export increase, import substitution, and the accident cost reduction is very high. This justifies governmental investment, for the effects are not easily appropriated by private investors.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.27 no.12
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• pp.74-80
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• 2013

Generator faults does not happen more often than the transmission and substation facility faults. However, impacts on the power system by generator faults are very large. In order to minimize the impact of generator faults, generator protection and control system with high reliability is required. Most of the generator relay in generator protection and control system of large power plant of Korea is operated by imports from abroad. Accordingly, in order to accumulate source technology and increase the import substitution effect, localization of multi-function generator protection IED is being developed. This paper deals with the implementation of a multi-function prototype IED H/W, which can be command and data exchange through communication for measuring, monitoring, protection and control. And the IED specification, various relay elements, measurement elements, communication functions, module function, and test system for the prototype IED H/W are described.

• Asian-Australasian Journal of Animal Sciences
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• v.6 no.2
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• pp.253-258
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• 1993

The study on the nutritive value and the potential use of two kinds (local vs. import) of sesame meal (SSM) in layer diets as substitute for soybean meal (SBM) at 25, 50, and 75% was carried out. Three hundred and thirty six layers were kept individually on a battery cage and fed isonitrogenous diets, 16% crude protein (CP), for 252 days. The local and the imported SSM contained on air dry basis 35.7 and 36.3% CP, 24.7 and 9.1% ether extract (EE), respectively. Their amino acid contents are all lower than those reported by NRC (1984). The local material contained remarkably lower lysine (0.44 vs. 0.94), methionine + cystine (1.06 vs. 1.75) and threonine (0.52 vs. 1.22) than the imported meal. Imported SSM could be substituted for SBM as high as 50% in layer ration without statistically adverse effect on egg production, feed intake, body weight gain, average egg weight and egg size, while local SSM was inferior to the control in all aspects. However, when production performance of the groups fed either kind of SSM was compared, no significant difference was found at the two lower substitution levels.

• Asia Pacific Journal of Business Review
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• v.1 no.2
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• pp.1-16
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• 2017

The fundamental goal of the research was to verify if the Twin Deficits Hypothesis holds for the economy of Zambia using time series data from 1980-2014. The current account and budget deficit were employed as key variables. The exchange rate was also used as a transmission mechanism to see how it contributes in the nexus. Cointegration tests confirmed a long run association of the variables. After fitting the VECM model, Granger causality tests confirmed the existence of twin deficits for Zambia. The results supported uni-directional reverse causality. The exchange rate was shown to be more significant in the long run than in the short run. The implosion of the time series as shown by the predicted cointegration equation implies that unless drastic measures are taken to cure the deficits, using the current account as the major target variable, twin deficits will persist for some time. The major policy implication of this research is that given that Zambia is a primary commodity-dependent developing country subsisting largely on copper revenues to sustain the economy, there is a need to move away from "copper addiction," given the recent volatility of earnings of primary commodities (e.g. through diversification of the economy, import substitution, and other strategies).

• 보존과학연구
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• s.20
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• pp.121-137
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• 1999

Among pigment used at work of Dan-Chung, Emerald Green is specific illuminating fluorescent light of green. It is very difficult to change other organic or inorganic pigment. All of the internal high class pigment has rare light. But Emerald Green is superior to fresh color and stability out of industrial chemical products. It forms over 50% of quantity and importance of a pattern painting. Emerald Green prohibited to produce because of its toxicpollutants, so required to changing pigment development. It is characterized to excellent color, convenient work, economical, against-sunlight, against-air pollutant and durability. The result of a test is follows; 1. We are investigated into producing internal natural Emerald Green, import external pigment and industrial synthesis method etc. but unable to buy because of its toxic pollutant. 2. We are made six samples by yellowish and green is hpigment mixing. We tested on against sunlight and air pollutant. The best mixing ratio is follows. Titanium Dioxide R760 : 18g- Chalk, White Wash : 10g- Permanent Yellow : 7g- Cyanine Green : 8g- Chrome Yellow : 3g- Resin(Vehicle) : Acryl Emulsion(Styrene + 2-Ethyl HexylAcrylate + Methyl Meth Acrylate) 8%

• Journal of Korean Society for Quality Management
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• v.49 no.3
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• pp.233-243
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• 2021

Purpose: The study focused on localization of the enhanced applique armor kit (EAAK), which are applied to Korea Assault Amphibious Vehicle (KAAV). Methods: For this propose, we developed the manufacturing technology by analyzing the original products. Considering the conditions used in the military, we made the test evaluation criteria. Results: In results, The EAAK developed through this research performs equivalent performance compared to Rafael, Co. Thus, It is possible not only stably supply a parts of EAAK for maintenance, but also to reduce costs due to import substitution effect. Conclusion: It is expected that the manufacturing technology and test evaluation criteria accumulated through this study can be used in the localization of similar parts.