• Title/Summary/Keyword: National Economy

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Influence of Low Level Bio-Alcohol Fuels on Fuel Economy and Emissions in Spark Ignition Engine Vehicles (저농도 바이오알코올 혼합 연료가 스파크 점화 엔진 차량의 연비 및 배출가스에 미치는 영향)

  • CHA, GYUSOB;NO, SOOYOUNG
    • Journal of Hydrogen and New Energy
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    • v.31 no.2
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    • pp.250-258
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    • 2020
  • This study was conducted to analyze the impact of low level bio-alcohols that can be applied without modification of vehicles to improve air quality in Korea. The emissions and fuel economy of low level bio-alcohols mixed gasoline fuels of spark ignition vehicles, which are direct injection and port fuel injection, were studied in this paper. As a result of the evaluation, the particle number (PN) was reduced in all evaluation fuels compared to the sub octane gasoline without oxygen, but the correlation with the PN due to the increase in the oxygen content was not clear. In the CVS-75 mode, emitted CO tended to decrease compared to sub octane gasoline, but no significant correlation was found between NMHC, NOx and fuel economy. In addition, it was found that the aldehyde increased in the oxygenated fuel, and there was no difference in terms of the amount of aldehyde generated among a series of bio-alcohol mixed fuels.

Study on Agenda-Setting Structure between SNS and News: Focusing on Application of Network Agenda-Setting

  • Kweon, Sang-Hee;Go, Taeseong;Kang, Bo-young;Cha, Min-Kyung;Kim, Se-Jin;Kweon, Hea-Ji
    • International Journal of Contents
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    • v.15 no.1
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    • pp.10-24
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    • 2019
  • This study applied network agenda-setting theory to analyze the impact of the agenda-setting function of the media on certain issues by focusing on the agenda at the center of controversy, 'Creative Economy'. To this end, the study extracted the data referred to creative economy in the media and SNS from 1 January 2008 to 31 December 2014, and analyzed the data using the network analysis program UCINET and the Korean language analysis program Textom. The results of the present study show that, during the period under former President Lee (2008-2011), the media's creative economy agenda-setting function did not exert a significant impact on the agenda-setting within SNS. However, from 2012 when the government of former President Park Geun-hye had started, the agenda-setting function of the media starts to show increasingly strong influence on the agenda cognition in SNS. The central words and sub-words configuration forming the center of the semantic network moved in the direction of a high correlation, in addition to the gradually increasing correlation based on QAP correlation analysis. In 2014, the semantic networks of the media and SNS bore a close resemblance to each other, while the shape of networks and sub-words structure also had a high level of similarity.

The Historical Event of Foreign Direct Investment (FDI) in the Republic of Korea

  • Hee-Joong HWANG
    • Journal of Koreanology Reviews
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    • v.2 no.2
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    • pp.19-26
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    • 2023
  • This study analyzes the historical events that shaped South Korean Foreign Direct Investment (FDI) and its value to businesspeople. Chapter 2 reviews South Korean FDI literature, highlighting critical studies and a research gap. Chapter 3 strategically separates findings into four major historical events. Every event-from economic liberalization to technical advances-is studied. Chapter 5 offers valuable insights and guidance on how these events affect practitioners. The following chapters aim to promote FDI dynamics understanding and enable businesses and governments to make strategic decisions in South Korea's dynamic economy. Foreign Direct Investment (FDI) history in Korea is significant for practitioners. These events have impacted the nation's economy from the 1960s economic liberalization to modern technology advances. Practitioners must understand these events' far-reaching implications to make informed decisions. The opening up of the economy, chaebols' involvement, financial crises, and high-tech industry emphasis provide excellent lessons. This understanding helps practitioners navigate the global economy, adapt, and be resilient for sustainable economic growth in the Republic of Korea. Thus, practitioners should actively advocate for FDI and economic growth policies with government agencies. Collaboration ensures that the government's strategic vision matches industry practitioners' requirements and goals. By working together, practitioners help create policies that make Korea more appealing to international investors.

The Long Tail Effect in the Online Food Ordering and Delivery Industry (음식 주문 배달 산업의 긴꼬리 효과에 관한 실증 연구)

  • Yongkil Ahn;Chul-Sung Lee
    • Asia-Pacific Journal of Business
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    • v.15 no.1
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    • pp.99-111
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    • 2024
  • Purpose - This study aims to quantify the long tail effect in the digital economy. It also investigates the role of digital platform before and after the COVID-19 pandemic. Design/methodology/approach - We take advantage of a granular data set from one of the biggest digital platforms in Korea. Rather than computing the absolute number of products sold or the Gini coefficient, we estimate the slope of the log-linear relationship of the non-parametric sales distribution. Findings - We find that the use of online food order and delivery services is positively associated with individual restaurant's sales growth. We also document that the long tail effect is increasing over time. Long tail effects are clustered in the cross-section where average revenue per order is high or the restaurant belongs to the top 50% of the sales distribution. Research implications or Originality - The findings may indicate that digital platforms are contributing to the development of the digital economy in Korea. Also, we confirm that digital platforms make it possible for small and sole proprietors to go through the difficulties induced by the COVID-19 pandemic.

Plan to Revitalize Local Economy through 6th Industry of Agriculture

  • Park, Sang youn
    • International Journal of Advanced Culture Technology
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    • v.5 no.4
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    • pp.20-25
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    • 2017
  • Although the $6^{th}$ industry of agriculture, the subject of this research, is a policy that is implemented nationwide, the result or its performance can vary depending on judgment and basic plan of the local government concerned. To overcome this, support of the central government and provincial governments is important, but each rural family, rural area or management unit also has to grasp the reality fast and overcome it through voluntary participation. In addition, local governments of the nation should operate this project efficiently by implementing required support and policies in each field. Local governments should also promote revitalization of local economy by providing help to rural families and management units that implement the $6^{th}$ industry of agriculture through expert consulting, matching of funding paths, and deregulation.

Study on the Application of Quantitative Economic Modeling for Energy Policy Analysis - Energy/Economy Interaction for Energy Demand/Supply Analysis and Industry Infrastructure Change - (에너지부문(部門) 정책분석(政策分析)을 위한 계량모형적(計量模型的) 접근(接近)에 관한 연구(硏究) - 에너지수급(需給) 및 산업구조개편연관분석(産業構造改編聠関分析) -)

  • Kim, Hyeong-Uk;An, Byeong-Hun
    • Journal of Korean Institute of Industrial Engineers
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    • v.8 no.1
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    • pp.40-60
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    • 1982
  • Since the first oil embargo (1973), there have been developed many different types of energy-economy interaction models based upon various aspects of energy impact mechanism. We will propose to develop an integrated energy-economy interaction analysis system for less developed countries' energy policy analysis, especially for investment analysis toward constructing energy-saving industry infrastructure ; which is based on the motivation of combined energy models by John P. Weyant. This modeling system can cover the economic growth, inter-industry transactions including production features, and process analysis of energy sector in the total network scheme of general equilibrium, so that it can give many political implications as well as the modeling concept to be used for analyzing various political issues and making decisions related to national energy environment.

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Quantitative Evaluation and Economy Analysis for the Operation Policies of Automatic Mail Reading and Sorting System (우편물 자동순로구분시스템 운영방안의 평가)

  • Im Jun Muk;Nam Yun Seok;Gang Jin Gyu;Im Gil Taek;Wang Seung Jin;Song Jae Gwan;Seo Jae Jun;Choe Han Yong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.1020-1027
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    • 2003
  • The development of an automatic delivery sorter requires enormous cost and time, and actually it is a key business which gains control of the future of postal service for national economy. In this paper, we select executive alternatives considering the restrictive conditions both in physically and technically such as installation location, OCR location, and the types of VCS. Then, we evaluated selected alternatives through the analysis of a cost and a performance. And we also performed economy analysis reflecting on the qualitative factors.

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A Simple Indicator of Local Government's Economic Policy: Example from Japan's New Local Revitalization Policy

  • Yamamoto, Masashi;Nakamura, Kazuyuki
    • Asia-Pacific Journal of Business
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    • v.7 no.2
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    • pp.39-48
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    • 2016
  • Japan's new local revitalization plan is unique in that the national government has asked local governments to form their own initiatives; and we can expect that there will be various ideas from the perspectives of local residents. However, it is important to note that not all local governments considered the actions of their competitors and neighboring governments. Currently, Japanese industries are so interconnected that we cannot ignore the actions of others. In this paper, we propose a simple indicator that policy makers can use to determine the focus for the local economy.

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Retrospect and Prospect : 30 Years of the Korean Association for Political Economy from the Perspective of So-called 86 Generation (한국사회경제학회 30년의 회고와 전망: 이른바 86세대의 시각)

  • Rieu, Dong-Min
    • 사회경제평론
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    • v.31 no.2
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    • pp.127-141
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    • 2018
  • This article looks back on the past 30 years of the Korean Association for Political Economy from the perspective of so-called 86 generation. It is argued that KAPE should promote effective communication between radical economists and liberal economists who are critical of mainstream economics.

The Economic Impact of the Korean Port Industry on the National Economy : from the Viewpoint of Macroeconomics (한국항만산업이 국가경제에 미치는 영향에 관한 분석 - 거시경제의 관점에서 -)

  • Moon, S.H.
    • Journal of Korean Port Research
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    • v.6 no.2
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    • pp.65-92
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    • 1992
  • The Korean central government has not appreciate the full extent of the impact of seaports on the national economy. As a consequence port investment has not been given sufficient priority and capacity has failed to keep pace with demand. The principal reason for this failure is the fact that the linkages (or relationships) of the port transport industry with other sectors have not been quantified and fully appreciated. To overcome this dificiency this paper developed a port input-output model to determine the economic impact of the port industry on the national economy. This impact study was conducted by analysing the impact of the Korean port industry upon the national economy from the macroeconomic viewpoint, and identifying the spreading effects of port investments upon the nation's economy. The analysis of the economic impact of the port industry suggests that its contribution to the Korean economy is substantial. What the model shows is, in quantifiable terms, there are the strong economic linkages between the port industry and the other sectors of the national economy. The contribution of the port industry to the Korean economy was summarised in the Conclusion section.

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