• Title/Summary/Keyword: Market changes

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A study on the crop switching of farmers in Jeju Islands related to the climate changes - focused on the citrus farms of the graduates of the KNCAF - (제주지역의 기후변화에 따른 농가의 작목전환 실태 -한농대 졸업생 감귤 농가를 중심으로-)

  • Kim, J.S.;Kang, S.K.
    • Journal of Practical Agriculture & Fisheries Research
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    • v.17 no.1
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    • pp.163-179
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    • 2015
  • The aim of this study is to investigate to which degree farmers did the crop switching and cultivar renewal as a confrontational strategy to climate change, and which problems they had in that process, and then to provide the supporting plans for them. We conducted a questionnaire survey of 15 citrus farmers of the KNCAP graduates in Jeju Island. Most of the survey respondents agreed to the climate change of Jeju Island and the subtropical climate of its coastal area. The farmers have experienced irregular weather such as abnormal high temperature, frequent rain, and droughts, resulting in the harmful insects and new weeds attack. As the climate change strategies, they are adopting a greenhouse culture system, improving a soil drainage using reorganization of planting space, making a new pest management program, and trying to switch a crop to subtropical fruits. It is expected that 50% of the survey respondents have changed their crops or will do; and 73 % of them have changed cultivar or have a plan to do. Only a few farmers directly pointed to a reason for their efforts to change the crops or to renew the cultivars as the anti-climate change strategy, however, most farmers answered the reason was to increase profitability by meeting their consumers' tastes. Presently, it is not the anti-climate change strategy but increase of profitability by meeting the consumers' needs the reason why most of the survey respondents have changed their crops or renewed the cultivars, while a few of them switched their crops to a subtropical fruit trees due to climate change. On the crop switching, they had some difficulties such as a labor shortage, availability of land, operating costs and instable income. On the cultivar renewal, also, they encountered the lack of cultivating techniques for new cultivars and the dim future for the new market. In long-term perspective, Jeju's farmers need new information and educational programs about the effect of climate change on agriculture of Jeju, and cultivation techniques for new crops and new cultivars.

A Comparative Analysis of Efficiency Between Korean and Chinese Banks (한국과 중국 은행의 효율성 비교에 관한 연구)

  • Cho, Dae-Woo;Lee, Dong-Kuk
    • International Area Studies Review
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    • v.15 no.1
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    • pp.341-365
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    • 2011
  • This study used a non-parametric linear program, Data Envelopment Analysis to compare the efficiency of South Korean and Chinese banks from 2000 to 2008, which is said to be the reformation period of their financial structure. The sample banks were 10 commercial banks and 6 regional banks in Korea, and 4 state-owned commercial banks and 11 stock commercial banks in China. The main objective of our research is to compare their efficiency, as well as the changes in efficiency periodically according to the types of the banks. According to the periodical analysis, both of the countries showed steady increase in efficiency. This shows that finance restructure and merging were positive factors for bank's efficiency during the revolution of finance structure. The study showed that between Korea and China, the bank of Korea has higher efficiency than that of China. Although the reconstruction period happened around the same time, due to the earlier acceleration period to opening Korea's financial market, made the difference in efficiency.

Large Firms and M&A Trends in the Digital Transformation Era: Implications for Productivity (디지털 전환 시대의 지배적 기업과 인수합병: 생산성에 미치는 영향)

  • Young Bong Chang;YoungOk Kwon;Wooje Cho
    • Information Systems Review
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    • v.24 no.4
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    • pp.41-54
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    • 2022
  • Despite the recent rapid advancement of science and technology, we have been experiencing the decline in productivity since the 2000s. This study aims to investigate the decline at both industry and firm levels, by looking at the emergence and growth of large firms such as Amazon, Alphabet, and Apple and M&A trends. Following the results of previous studies, our results show that productivity at industry level has decreased since the 2000s. Particularly, in the period after 2011, the deterioration of allocative efficiency due to the large firms and the decline in the growth rate of surviving firms in the industry with low ratio of large firms contributed to the productivity decline. On the other hand, our analysis at firm level demonstrates that the productivity of firms that acquired IT firms improved over the entire period. While M&As have a positive impact on productivity, M&As with a demand-side motive such as market penetration and expansion of channels have a relatively larger impact than the ones for production or operation efficiency. Our results also suggest that the higher the proportion of large firms in a specific industry, the lower the productivity of individual firms in the same industry. Overall, given that the industry's structural changes for digital transformation tends to strengthen the growth of large firms, our findings have significant implications by empirically identifying the relationships of the emergence of large firms, the acquisition of IT/Non-IT firms, and motivations for M&As to firm/industry productivity.

Effects of the Daylight Disturbance on the Growth and Yield of Spray Chrysanthemum 'Yellow Cap' and 'Peach PangPang' (일조방해가 스프레이 국화 '옐로우캡'과 '피치팡팡'의 생육 및 수량에 미치는 영향)

  • Yuri Lee;Sang Kun Park
    • Journal of Practical Agriculture & Fisheries Research
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    • v.25 no.4
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    • pp.78-83
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    • 2024
  • This study was carried out to analyze the effect of changes in the light environment caused by the daylight disturbance on the growth, flowering, and cut flower quality of spray chrysanthemums. The spray chrysanthemum 'Yellow Cap' and 'Pitch PangPang' cultivars for cut flowers were artificially shaded to interfere with 66% of sunlight compared to the non-shading, and then the growing and flowering characteristics, and cut flower yield were investigated accordingly. There was no significant difference in the cut flower yield per unit area between the shading and the non-shading treatments. However, the number of days to flowering was 72.1 days for the 'Yellow Cap' and 65.2 days for the 'Pitch PangPang', which were delayed by 14.1 and 8.9 days, respectively, compared to the non-shading light. In the shading treatment, the flower diameter and the number of flowers also decreased by 10% and 15%, and 30% and 28% for both 'Yellow Cap' and 'Pitch PangPang', respectively. The stem length also decreased by 10% and 20%, the stem diameter by 23% and 37%, and fresh weight by 32% and 33%, respectively. The shading treatment delayed the flowering of chrysanthemums and reduced the growth such as flower diameter, number of flowers, and the length and weight of cut flowers. Based on these results, the daylight disturbance by artificial buildings is expected to reduce the productivity and quality of cut flowers by limiting the light intensity needed for chrysanthemum growth, flower bud differentiation, and flower development. Therefore, further research is needed on the rate of decrease in yield and market value according to the degree of shading to relieve damage to chrysanthemum growers caused by the daylight disturbance.

The Effect of the Introduction Characteristics of Cloud Computing Services on the Performance Expectancy of Firms: Setting Up Innovativeness as the Moderator (클라우드 컴퓨팅 서비스의 도입특성이 기업의 인지된 기대성과에 미치는 영향: 기업의 혁신채택성향을 조절변수로)

  • Jae Su Lim;Jay In Oh
    • Information Systems Review
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    • v.19 no.1
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    • pp.75-100
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    • 2017
  • Today, firms are constantly transforming and innovating to survive under the rapidly changing business environment. The introduction of cloud computing services has become popular throughout society as a whole and is expected to result in many changes and developments not only in firms and but also in the public sector subject to innovation. The purpose of this study is to investigate the effect of the characteristics of cloud computing services on the perceived expected performance according to innovativeness based on innovation diffusion theory. The results of the analysis of the data collected from this research are as follows. The convenience and understanding of individuals' work as well as the benefits of cloud computing services to them depend on the innovative trend of cloud computing services. Further, the expectations for personal benefit and those for organizational benefit of cloud computing services are different from each other. Leading firms in the global market have been actively engaged in the utilization of cloud computing services in the public sector as well as in private firms. In consideration of the importance of cloud computing services, using cloud computing services as the target of innovation diffusion research is important. The results of the study are expected to contribute to developing future research models for the diffusion of new technologies, such as big data, digital convergence, and Internet of Things.

A study on Korea's defense export expansion strategy - Focusing on Korea-Poland Defense Export Case - (한국의 방산수출 확대 전략 연구 - 한·폴란드 방산수출 사례를 중심으로 -)

  • Geum-Ryul Kim
    • Convergence Security Journal
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    • v.23 no.4
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    • pp.141-151
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    • 2023
  • Since the end of the Cold War in the 1990s, European countries have cut defense costs and reduced armaments as an era of peace without large-scale wars continues, and as a result, the West's defense industry base has gradually weakened. On the other hand, South Korea, the world's only divided country, was able to achieve high growth in the defense industry as a result of continuous arms strengthening in the face of North Korea's nuclear and missile threats. With the rapid increase in demand for conventional weapons systems and changes in the structure of the global defense market due to the Russia-Ukraine war, Korea's weapons system drew great attention as a large-scale defense export contract with Poland was signed in 2022. In 2023, K-Defense ranked ninth in the world's arms exports and aims to become the world's fourth-largest defense exporter by 2027. Therefore, this study analyzed the case of Korea-Poland defense exports to derive problems, and presented development strategies related to export revitalization of K-Defense, a national strategic industry. In order for the defense industry to become Korea's next growth engine, it is necessary to establish a defense organization, prepare government-level measures to protect defense industry technology, and expand military and security cooperation with allies linked to defense exports.

A Study on the Effect of China House Prices on Bank Loan and Management Stability (중국 부동산 가격이 은행대출 및 경영안정성에 미치는 영향)

  • Bae Soo Hyun
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.1
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    • pp.153-158
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    • 2024
  • Recently, concerns about the spread of credit risk in China's real estate market are gradually increasing. Therefore, it is very meaningful to diagnose the management stability of Chinese commercial banks. This study analyzes the impact of housing prices on the loan proportion and management stability of Chinese commercial banks. In addition, we classify Chinese commercial banks according to size and verify whether there are differences in loan proportion and management stability. If there is a difference by scale, the effect of interaction with housing price changes is also verified. The analysis results are summarized as follows. First, it was found that as the housing price growth rate increases, the proportion of loans from Chinese commercial banks increases. Second, as the rate of increase in housing prices and the proportion of total loans increases, management stability appears to decrease. Third, larger banks were found to have a higher proportion of loans, and smaller banks were found to have greater management stability. The results of this analysis show that Chinese commercial banks' aggressive expansion of their loan proportion is lowering their management stability. Therefore, it is necessary to adjust the loan ratio to the appropriate size level and secure stability with differentiated strategies according to the loan ratio

Automation of Online to Offline Stores: Extremely Small Depth-Yolov8 and Feature-Based Product Recognition (Online to Offline 상점의 자동화 : 초소형 깊이의 Yolov8과 특징점 기반의 상품 인식)

  • Jongwook Si;Daemin Kim;Sungyoung Kim
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.17 no.3
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    • pp.121-129
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    • 2024
  • The rapid advancement of digital technology and the COVID-19 pandemic have significantly accelerated the growth of online commerce, highlighting the need for support mechanisms that enable small business owners to effectively respond to these market changes. In response, this paper presents a foundational technology leveraging the Online to Offline (O2O) strategy to automatically capture products displayed on retail shelves and utilize these images to create virtual stores. The essence of this research lies in precisely identifying and recognizing the location and names of displayed products, for which a single-class-targeted, lightweight model based on YOLOv8, named ESD-YOLOv8, is proposed. The detected products are identified by their names through feature-point-based technology, equipped with the capability to swiftly update the system by simply adding photos of new products. Through experiments, product name recognition demonstrated an accuracy of 74.0%, and position detection achieved a performance with an F2-Score of 92.8% using only 0.3M parameters. These results confirm that the proposed method possesses high performance and optimized efficiency.

A Study on the Correlation Analysis between International Oil Prices and the 4 Major Shipping Markets of Bulk Carrier (국제 유가와 벌크선 4대 해운 시장의 상관관계 분석에 관한 연구)

  • Ryu, Won-Hyeong;Nam, Hyung-Sik
    • Journal of Korea Port Economic Association
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    • v.39 no.4
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    • pp.43-65
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    • 2023
  • Recently, with the increasing international interest on environmental issues, efforts have been made to reduce greenhouse gas emissions due to ship fuel, however, the dependence on fossil fuel is expected to continue for a while. Since fuel costs account for a high portion of the total operating cost of a ship, it is necessary to analyze the influence of oil prices on the shipping markets. The purpose of this study is to evaluate the relationship between the international oil prices and the four major shipping markets for bulk carriers. This study employed WTI as the oil price variable while monthly data from 2017 to 2020 from the four major shipping markets by classifying freight rates, charter rates, newbuilding prices, and secondhand prices were also considered in multiple ship sizes of capesize, panamax, supramax, and handysize. Firstly, the results of the correlation analysis using the VAR model indicate that changes in international oil prices have a statistically positive (+) significant effect on BCIS only in the second time lag, on BSIS at all lags, and on BHIS only in the first staggered period. Secondly, as a result of correlation analysis using the VECM model, in the case of BPIC, BHIC, BCIN, and BHIR, the cointegration coefficient value has a negative (-) significant effect at the 5% significance level in the cointegration relationship with international oil prices. Further, in the case of the dynamic correlation, the increase in oil price in the first period of the lag leads to a decrease in the BCIN newbuilding prices while the increase in the oil price in the first and second period in the lag leads to a decrease in the BHIR used ship prices.

Activation of the Elderly Individual-Led Training Strategies and Policy Implications in Response to Demographic Shifts (인구 프로파일 변화에 따른 고령자의 개인주도 훈련 활성화 방안 및 정책적 함의)

  • Hanna Moon;Yumi Kim;Seonae Kang
    • Journal of Practical Engineering Education
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    • v.16 no.4
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    • pp.553-566
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    • 2024
  • The core of this study is to review South Korea's individual-driven training scheme, identify factors hindering elderly participation, and derive implications to support their retention and participation of the elderly in the labor market. This study focuses on population aging, examining the National Lifelong Learning Card system and the current employment insurance scheme, both initiatives of the Ministry of Employment and Labor, to assess the status and issues surrounding elderly participation in vocational training. Based on this analysis, the study seeks to derive policy measures and academic significance to promote elderly participation in vocational training. Based on this analysis, the study aims to derive policy measures and academic significance to promote the participation of older adults in vocational training. The findings emphasized the importance of employment retention for elderly and highlighted the need for vocational training tailored to the specific characteristics of each individual, along with the necessity for professional life-career consulting. Based on these findings, the study proposed recommendations to promote self-directed training among elderly, including enhancing the diversity of vocational training to meet individuals' varied needs, implementing lifelong vocational training programs from a life-cycle perspective, creating age-friendly workplaces at the national level, encouraging individual-driven training participation for the self-realization of elderly, and strengthening the linkage between employment counseling and vocational training for elderly.