• 한국농촌건축학회논문집
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• 제6권3호
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• pp.25-38
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• 2004

The government has made a great effort for the development of rural area. The aim of this study is to analyze the change process and characteristics of the government's rural area development policies implemented so far and present an aid as adequate material to the direction of development policy for rural areas. The rural area development policy had been focused on maintenance of physical infrastructure facilities in the rural areas, pursuing urban convenience led by the government from the 1950s to 1990s. The policy has changed to local residents-led rural area development from the late 1990s to present time. The basic direction of the policy turned into making much of environment-friendliness and promotion of regional activation. The policy was transformed to recognize our rural area and also perceive it pastoral and resting space. In addition, green tourism has emerged as an important theme since 2000. In the rural area development policy, it is the most important to connect it with various development projects, select target areas from the long-term perspective and pursue efficiency through intensified investment of financial resources.

• 한국항해항만학회지
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• 제31권4호
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• pp.317-323
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• 2007

As economic trade between Korea and China has been encouraged with the rapid growth of Chinese economy and port competition in Northeast Asia, Korean government is trying to promote development and consolidation of ports to cope with the lack of facilities. Thus, many projects for port development have been propelled including the enactment the 'Private investment promotion law for social overhead capital 1994.' However, there are still some unsettled issues since considerable part of risk is still allocated to the Government when it has to support the private businesses in these port investments whenever unexpected problems arise. Allocation of risk among the participants - in this case especially - is a very subtle issue, however, it was revealed that not many precedent researches were done on the subject. In my previous research, I classified and analyzed 4 principle risks i.e, construction, management, financial and social risk. This research investigates the reasonable allocation of the risks among the participants using the Hierarchial Fuzzy Process. In the result of analysis, responsibility of private party is the most important and it must put the responsibility before Government' roll concerned. Also, this research displayed and proposed the direction of management method on port development in a view of minimizing risk and maximizing initiative of a private party.

• 한국산학기술학회논문지
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• 제12권7호
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• pp.3016-3021
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• 2011

국가 신성장사업의 투자계획은 알려져 있으나 그 수익성에 대한 분석 및 예측은 찾기 어렵다. 본 고에서는 불확실성이 큰 신기술사업의 가치평가시 사업주체의 의사결정의 유연성에 기인하는 가치를 감안할 수 있는 컴파운드 옵션 모델에 의해 그 가치평가를 수행하고자 한다. 10개의 후보사업군 중 태양전지, 자동차용 전지, 그리고 바이오제약을 그 대상으로 하여 비교 연구를 수행한다. 또한, 실물옵션 가치평가 이론을 검토하고 그 적용의 한계에 대해서도 서술하였다.

• 농촌계획
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• 제12권4호
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• pp.23-32
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• 2006

Recently, Owing to booming of leisure activities and national enforcement of 5-day workweek system, Korean government has been promoting rural tourism policy of which operating project's title is Green Rural Experience Village, Rural Traditional Theme Village, etc. In this study, ken investigation result on Green Rural Experience Village sites, an estimation model of returns by green-tourism activities was developed. The model was constructed through factor analysis and regression analysis method. Regression model developed can estimate green-tourism revenue by investment budget, homepage preengagement sales, homepage visitors, capacity of eating and drinking facilities, capacity of lodging facilities. The model developed was applied in sample villages. With these results, estimation revenue was recorded average 138.3% of survey revenue, and statistical significance was good(correlation coefficient $R^2$ = 0.8255, level of significance : 0.000), and the range of relative error was recorded largely from -7.1% to 158.6%, and average relative error was 38.3% and good. And, the model developed in this study have the critical point in aspects of insufficient data, but the results will be used in green-tourism policies and projects, and revenue estimation about each village in the present and future is limited, but in province or the whole country the application is good.

• 한국산업융합학회 논문집
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• 제22권5호
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• pp.475-481
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• 2019

The paradigm of convergence R&D is shifting from the convergence of technologies to the convergence of solutions to solve the complex problems of scientific and social development. On the other hand, it is prevalent that there is a lack of convergence in our research field. Although Korea has invested heavily in fusion research and development, Korea has mainly focused on the application and development of technology, so failed to plan convergence R&D in line with the new paradigm. Therefore, in this study, we searched for convergence R&D area that is being done to solve social problems, and tried to make use of data-driven objective methods. For this purpose, we used the investment information of global R&D projects that had no retrospective properties and derived the convergence R&D area related to coastal flooding.

• 한국항만경제학회지
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• 제18권2호
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• pp.27-45
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• 2002

The continuing pace of technological change and the trend toward larger and faster ships is evident as shipping lines compete in seeking economies of scale in the global market and ports. become increasingly reliant on sophisticated equipment. Across the Asia and Pacific region some of the worlds most modern container ships are calling at an extensive network of mainline and feeder ports. This paper shows that during the period from 1999 to 2011, Asian container trade is expected to continue to increase more rapidly than the world average, i.e., 7.2 per cent per annum compared with the world average of 6.3 per cent. It is forecast that the total volumes of international containers handled at the ports in Asia and the Pacific will increase at an average growth rate of 7,2 per cent per annum. In order to handle the anticipated port container traffic in 2011, new container berths are required in nearly every country in the Asia and the Pacific region. This will entail very significant capital investment requirements. If countries in the UNESCAP region are to position their ports to meet the challenges of the next decade, there is an urgent need to implement more robust strategies to address important issues including prioritisation of port development projects, promotion of private sector participation in ports, emphasis on productivity and preparation for intermodal integration and logistics growth.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2008년도 추계학술대회 논문집
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• pp.2051-2057
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• 2008

This paper is a feasibility study on the calculation of operating cost in regards to the overall operation following the completion of a number of LRT lines currently in progress. Owing to the absence of operating experience in driveless LRT system at home, the difficulties lie in the assumption of the optimal operating budget applying domestic real situation. Nevertheless, with 34 years of accumulated operating experience in heavy rail transit system, Seoul Metro, the nation's biggest urban rail transit operator, performs O&M consultancy services for several on-going projects along with every effort to acquire know-how where the appropriateness of the cost estimation as a required deliverable is reviewed and a more efficient way is provided. The main focus of this study is to seek a method to calculate the optimal amount of operating expenses as well as a cost-effective alternative for possible weaknesses from the standpoint of the operator. The body of this paper discusses the five issues such as personnel cost, overhead, maintenance cost, additional purchase price, alternative investment fee from a more macroscopic point of view, and the conclusion deals with the adequacy of the reason for selection of institutions with various operating know-how.

• The Journal of Asian Finance, Economics and Business
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• 제8권5호
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• pp.573-581
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• 2021

The current study analyzed the impacts of fiscal decentralization (FD) on the economic stability of Pakistan. This study used time series data from 1981 to 2017. The collected data was first passed through the unit root analysis. ARDL estimation techniques were employed to scrutinize the data where long-run associations were tested through Wald F-statistics. The long-run estimates were extracted by applying Ordinary Least Square, and error correction mechanisms were employed to find the speed of adjustment for disequilibria between the long and the short run. Wald F-statistics confirmed the existence of long-run cointegration. Long-run elasticities suggested that fiscal decentralization because of limited institutional capabilities of provincial governments failed in bringing stability in the economy of Pakistan. Similarly, transparency issues and misspecification of projects hinder the outcome of investment to stabilize the economy. High service payments on debt cut the amount that can be used for skills improvements and destabilize the economy. High Population growth puts pressure on infrastructure and reduces production capacity, ultimately destabilizing the economy by increasing unemployment and inflation. Based on these findings, the government is suggested to improve the institutional capacity of lower governments for the desired outcome of power devolution.

• 대한건축학회논문집:계획계
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• 제34권6호
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• pp.47-56
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• 2018

This study aims to reconsider public architecture as effective resources for the local regeneration and draws a couple of issues based on analysis of planning status and cases from the perspectives of local regeneration. Through the analysis, this study suggests following as ways of improvement of public architecture planning: first, in order to secure systematic management of local regeneration, it is necessary to build up a dedicated organization or collaboration system that organically links and manages public facilities. Also related criteria that include the feasibility study, preliminary examination system, conduct review of investment and review standards need to be supplemented. Second, it is necessary to establish an integrated plan including the periphery of public architecture in the aspect of integrated urban planning, and to set up a selection of location standard that supports public architecture be a local center. Lastly, to activate local communities, the study proposes diversification of ways of combining programs and a process for participation and operating funds.

• The Journal of Asian Finance, Economics and Business
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• 제9권9호
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• pp.309-316
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• 2022

In 2011, the 4^th industrial revolution officially occurred and developed in most countries. The fourth industrial revolution has given organizations numerous business opportunities, enabling them to optimize their manufacturing processes, cut costs, and thereby improve their operations. The development of enterprises is a decisive factor in increasing national productivity, thereby improving economic growth and per capita income. Therefore, it is necessary to grasp the digital transformation plan and apply science and technology to domestic enterprises and improve the operational efficiency of the economy. Research on small and medium enterprises in Hanoi, Vietnam, which is considered a successful country in economic development and digital transformation and has become a middle-income economy and a highly open economy, the research results suggest that the ability to apply technology in businesses is capable of improving corporate financial performance. The choice of capital structure favoring debt has a negative effect on the financial performance of the enterprise; that is, enterprises in Vietnam should limit the choice of financing investment projects with debt, on the contrary, enterprises should choose to finance with equity. Finally, the study also discusses managerial implications for improving business performance in the context of the rapidly evolving 4.0 technology revolution.