• 제목/요약/키워드: International Competition Power

검색결과 131건 처리시간 0.028초

Has Container Shipping Industry been Fixing Prices in Collusion?: A Korean Market Case

  • Jaewoong Yoon;Yunseok Hur
    • Journal of Korea Trade
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    • 제27권1호
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    • pp.79-100
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    • 2023
  • Purpose - The purpose of this study is to analyze the market power of the Korea Container Shipping Market (Intra Asia, Korea-Europe, and Korea-U.S.) to verify the existence of collusion empirically, and to answer whether the joint actions of liner market participants in Korea have formed market dominance for each route. Precisely, it will be verified through the Lerner index as to whether the regional market of Asia is a monopoly, oligopoly, or perfect competition. Design/methodology - This study used a Lerner index adjusted with elasticity presented in the New Imperial Organization (NEIO) studies. NEIO refers to a series of empirical studies that estimate parameters to judge market power from industrial data. This study uses B-L empirical models by Bresnahan (1982) and Lau (1982). In addition, NEIO research data statistically contain self-regression and stability problems as price and time series data. A dynamic model following Steen and Salvanes' Error Correction Model was used to solve this problem. Findings - The empirical results are as follows. First, λ, representing market power, is nearly zero in all three markets. Second, the Korean shipping market shows low demand elasticity on average. Nevertheless, the markup is low, a characteristic that is difficult to see in other industries. Third, the Korean shipping market generally remains close to perfect competition from 2014 to 2022, but extreme market power appears in a specific period, such as COVID-19. Fourth, there was no market power in the Intra Asia market from 2008 to 2014. Originality/value - Doubts about perfect competition in the liner market continued, but there were few empirical cases. This paper confirmed that the Korea liner market is a perfect competition market. This paper is the first to implement dynamics using ECM and recursive regression to demonstrate market power in the Korean liner market by dividing the shipping market into Deep Sea and Intra Asia separately. It is also the first to prove the most controversial problems in the current shipping industry numerically and academically.

Power Tracing Method for Transmission Usage Allocation Considering Reactive Power

  • Han Choong-Kyo;Park Jong-Keun;Jung Hae-Sung
    • KIEE International Transactions on Power Engineering
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    • 제5A권1호
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    • pp.79-84
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    • 2005
  • In many countries, the electric power industry is undergoing significant changes known as deregulation and restructuring. These alterations introduce competition in generation and retail and require open access to the transmission network. The competition of the electric power industry causes many issues to surface. Among them, unbundling of the transmission service is probably the most complicated as it is a single and integrated sector and the transmission revenue requirement must be allocated to market participants in a fair way. In these situations, it is valuable to research the methodologies to allocate transmission usage. The power tracing method offers useful information such as which generators supply a particular load or how much each generator (load) uses a particular transmission line. With this information, we can allocate required transmission revenue to market participants. Recently, several algorithms were proposed for tracing power flow but there is no dominant power tracing method. This paper proposes a power tracing method based on graph theory and complex-current distribution. For practicability, the proposed method for transmission usage allocation is applied to IEEE 30 buses and compared with the method proposed by Felix F.Wu.

A Study on Competitive Power Comparison and Strategy Collaboration of the Biggest Three Ports of the Economic Circle Around Bohai

  • Meng, Qing-Chun;Sun, Han-Gao
    • 한국항만경제학회:학술대회논문집
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    • 한국항만경제학회 2007년도 정책세미나 및 국제학술대회
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    • pp.441-455
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    • 2007
  • Based on the fact that Qingdao port, Tianjin port and Dalian port of the economic circle around Bohai have been the three islands of stability through long-term competition, this paper conducts a system study on the competitive powers of the three ports through AHP model on the analysis of current status of the three ports, and probes deeply into the outer factors and the inner factors affecting on the competitive advantage, and points out the existing problems in competition. We think that the three ports must compete orderly and collaborate closely, and give the forms and approaches developing strategy collaboration in order to obtain an advantageous position in Northeast Asia and improve the international competitive power.

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시장지배력 수준과 요금인하 간의 관계분석: 이동통신서비스시장의 국제비교 (Market Power and Retail Price in Mobile Communications Industry: an International Comparative Study)

  • 최새솔;한성수
    • 국제지역연구
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    • 제18권3호
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    • pp.231-248
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    • 2014
  • 경쟁구조와 산업성과 간의 관계에 대한 연구는 경쟁정책 분야의 핵심 주제이다. 특히 통신 산업과 같이 독과점적 시장을 형성할 가능성이 큰 산업에서는 독점력이 산업성과(후생)에 미치는 영향과 효과에 대해 보다 심도 있는 연구가 필요하다. 즉 소수 사업자로 시장이 집중되면, 독과점에 의한 초과이윤의 개연성이 높아지고 이는 사회후생 증대에 부정적이기 때문이다. 이러한 배경 하에 본 연구는 이동통신 산업의 시장구조(시장 지배력 형태)와 사회후생 성과(요금 인하)의 관계를 국제비교를 통해 실증하고자한다. 구체적으로, OECD 주요 21개국을 대상으로 국내시장의 경쟁구조 변화양상과 사회후생 성과수준을 비교하며, 시장지배력 수준에 따른 평균 소매요금 인하율의 차이를 실증한다. 분석결과는 국내시장의 경쟁상황 및 시장구조는 글로벌 추세와 상당한 괴리가 있음을 보여준다. 또한 독점시장으로 인식되는 1위 사업자의 점유율(CR1>50)이 높은 시장에서는 소비자 후생을 증진시키는 요금인하가 더디게 이루어지는 것으로 나타났다. 이러한 결과는 시장지배력이 강한 독점적 사업자의 독점력 완화가 요금인하, 후생증대에 중요한 요소임을 보여주며, 경쟁정책의 방향이 시장집중도(HHI)의 개선뿐 아니라 지배적 사업자의 독점력 완화에도 초점을 두어야 함을 시사한다.

신뢰성기반 제품경쟁력 결정요인 선정방안 (Choice method of Competitive Power Key Factors based on Reliability)

  • 김종걸;빈성욱
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2004년도 추계학술대회
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    • pp.259-267
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    • 2004
  • Enterprise must establish a properly competitive strategy according to environmental changes and international competitions. It is necessary to develop the strategy of competitive power for an efficient operation as well as system, industry, product and price competitions. This paper aims to propose a choice method of Competitive Power Key Factors which can be applied to unit parts and finished products, construction products, soft wear products based on Reliability.

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고체산화물형 연료전지를 위한 10㎾급 독립전력변환장치의 개발 (Development of a 10kw stand-alone power processing unit for SOFC)

  • 이진희;조진상;장민수;최세완;한수빈
    • 전력전자학회논문지
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    • 제8권6호
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    • pp.551-560
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    • 2003
  • 본 논문은 5KW급의 SOFC와 저전압 배터리를 복합전원으로 하는 10KW급 독립형 연료전지발전시스템의 전력변환장치의 개발에 관한 것이다. 이를 위한 전격변환장치는 연료전지로부터의 저전압을 상승시키기 위한 고주파 DC-DC 컨버터 및 이를 안정된 교류전원으로 변환하기 위한 DC-AC 인버터 그리고 저전압 배터리를 충$.$방전하기 위한 양방향 DC-DC 컨버터로 구성된다. 미국 에너지부 및 IEEE가 주최한 "2003 International Future Energy Challenge Competition"에서 제시한 90%이상의 효율과 $40/KW 이하의 양산가등의 사양을 목표로 개발된 본 전력변환장치에 대한 토폴로지, 주요 부품의 설계 및 제어방식에 관하여 기술하고 실험결과를 제시한다.험결과를 제시한다.

Heritage Soft Power in East Asia's Memory Contests: Promoting and Objecting to Dissonant Heritage in UNESCO

  • Nakano, Ryoko
    • Journal of Contemporary Eastern Asia
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    • 제17권1호
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    • pp.50-67
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    • 2018
  • Heritage has entered the center stage of public diplomacy in East Asia. Competition to claim and interpret memories of World War II in East Asia has driven campaigns to list heritage items with UNESCO. State and non-state actors aim to use heritage listings to present a particular view of the war and related history to domestic and international audiences. This paper highlights the role of heritage soft power in East Asia's "memory contests" by examining the promotion of dissonant modern heritage in UNESCO's heritage programs. It conceptualizes heritage designation as a soft power resource in East Asia and presents a conceptual framework for understanding the hegemonic competition over the "memory regime" that emerged from the structural change in East Asia's regional order. It then uses this framework to analyze the processes by which state and non-state actors promote and/or object to UNESCO recognition of their sites and documents as heritage of outstanding universal value or world significance. The elements of this process are illustrated with case studies of two very different pieces of heritage, Japan's "Sites of the Meiji Industrial Revolution" and China's "Documents of Nanjing Massacre," which were enshrined as significant world heritage in 2015. While state and non-state actors in East Asia are increasingly recognizing the utility of heritage as a soft power resource for advancing specific historical narratives to an international audience, a backlash movement from civil society groups and governments in other countries prevents a purely unilateral interpretation. As a result, the utility of heritage soft power in this context must be significantly qualified.

수산정보시스템 구축전략에 관한 연구 (A Study about the Strategies of Building the Fisheries Information Systems)

  • 어윤양;김하균
    • 수산경영론집
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    • 제31권1호
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    • pp.55-71
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    • 2000
  • Being Changed the international fisheries situation to begin the WTO, it is important to increase the international competition power in fisheries environment to related our country. One of most important work is to build the Fisheries Information Systems(FIS), FIS should give to increase the efficiency of fisheries policies, to share the fisheries informations, and to increase the competitive power of international fisheries environment. On the conclusion, this paper has four expect effects to build the FIS. First, fisheries information will be supplied the clean fisheries policies based on FIS. Second, The Data Warehouse of FIS will be contributed to improve the criterion and statistics of fisheries data. Third, Fisheries Administration will increase the service between fisheries institutes using the FIS. Finally, fisheries administration will use the fisheries data efficiently as integrating the fisheries data into information systems.

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부산지역 무역클레임 해결방법 선호도에 대한 실증연구 (A Empirical Study on Busan's trading companies' Preference On the Dispute Resolution Ways)

  • 신군재
    • 통상정보연구
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    • 제8권1호
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    • pp.87-104
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    • 2006
  • We are in an era of global business called one world market. These environments require Korean firms to face an unlimited competition and to resolve their dispute by ADR. Few study, however, on the ways of dispute settlement under the changed international business environment has been done. Thus the major purposes of this study are to investigate Busan's trading companies' preference on the dispute resolution ways. Based on the results of my study, I suggest Busan's trading companies the following guidelines. First, Busan's trading companies should improve their negotiating power by using internet trade and problem solving ability through the establishment of claim information system. Second, They should write contract. Lastly, they should investigate their counterparty's credit.

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