• Title/Summary/Keyword: Prices Trends

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A Study on the Forecasting Trend of Apartment Prices: Focusing on Government Policy, Economy, Supply and Demand Characteristics (아파트 매매가 추이 예측에 관한 연구: 정부 정책, 경제, 수요·공급 속성을 중심으로)

  • Lee, Jung-Mok;Choi, Su An;Yu, Su-Han;Kim, Seonghun;Kim, Tae-Jun;Yu, Jong-Pil
    • The Journal of Bigdata
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    • v.6 no.1
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    • pp.91-113
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    • 2021
  • Despite the influence of real estate in the Korean asset market, it is not easy to predict market trends, and among them, apartments are not easy to predict because they are both residential spaces and contain investment properties. Factors affecting apartment prices vary and regional characteristics should also be considered. This study was conducted to compare the factors and characteristics that affect apartment prices in Seoul as a whole, 3 Gangnam districts, Nowon, Dobong, Gangbuk, Geumcheon, Gwanak and Guro districts and to understand the possibility of price prediction based on this. The analysis used machine learning algorithms such as neural networks, CHAID, linear regression, and random forests. The most important factor affecting the average selling price of all apartments in Seoul was the government's policy element, and easing policies such as easing transaction regulations and easing financial regulations were highly influential. In the case of the three Gangnam districts, the policy influence was low, and in the case of Gangnam-gu District, housing supply was the most important factor. On the other hand, 6 mid-lower-level districts saw government policies act as important variables and were commonly influenced by financial regulatory policies.

The Conversion of Chonsei into Monetary Costs and its Relationship with the Consumer Price Index (전세가격의 비용화와 소비자물가지수: 소비자물가지수 자가주거비 반영을 중심으로)

  • JIYOON OH
    • KDI Journal of Economic Policy
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    • v.45 no.4
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    • pp.57-77
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    • 2023
  • The Chonsei component holds the highest level of weight (5.4%) in the composition of the Korean consumer price index (CPI). The variations in Chonsei prices are directly reflected in the CPI as a representation of cost swings. The Chonsei refers to a deposit that accumulates the costs related to housing services and is mostly affected by variations in rental rates. Nevertheless, it is important to note that Chonsei prices are also susceptible to fluctuations in interest rates, regardless of the rent prices. Therefore, if Chonsei were directly and one-to-one indexed to the CPI, they could include changes other than residential service prices. After analyzing the time series data of the Chonsei index and rent index inside the CPI, it becomes apparent that the Chonsei index displays an average annual growth rate of 2.3%, whilst the rent index reveals a growth rate of 0.9%. The observed disparity in growth rates indicates a divergence in trends between the two indices. It is posited that the Chonsei index, when capitalized, has had a more rapid increase compared to the rental index, owing to the gradual drop in interest rates. To effectively reflect fluctuations in the housing service costs, proxies for the Chonsei index were utilized in the construction of a consumer price index. The findings of our study suggest that, overall, the newly developed CPI demonstrates a comparatively lower rate of inflation when compared to the official CPI. Furthermore, the inclusion of imputed rents for owner-occupied housing in CPI amplifies this effect.

Investigation of Millennials' Perception of Vegan Trends and Future Needs (밀레니얼 세대의 비건트렌드에 대한 인식 및 미래 요구도 조사)

  • Song, Eun-Hye;Jung, Bok-Mi
    • Korean Journal of Community Nutrition
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    • v.27 no.5
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    • pp.373-386
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    • 2022
  • Objectives: This study examined the perception of the vegan trend of millennials and their future needs. Methods: This study was conducted online from June 21, 2021, to July 15, 2021, targeting 425 adult men and women born between 1980 and 2000. The contents of the survey were divided into four categories: general information, awareness of vegetables, awareness of vegan trends, and future needs for vegan trends. Results: Most respondents recognized the importance of eating vegetables and perceived vegetarianism and veganism as a lifestyle. Regarding the perception of the vegan trend, the highest response rate was 'The vegan trend is to be satisfied with my life regardless of other people', while the lowest response rate was 'The vegan trend is only a temporary fad'. The reasons for purchasing vegan products with high response rates were 'interest in the earth and environment', 'protection of animal rights', and 'thinking about health'. The type of vegan product wanted in the future was delicious food, and convenience level was in the order of 'completely cooked', 'half-cooked', and 'pre-processed'. Among the sustainable vegetarian types that millennials responded, 'semi-vegetarian', which can consume most animal products excluding red meat, showed the highest response rate. Conclusions: The positive perceptions about vegetables are expected to increase. Efforts should be made to develop convenient meals using vegetables and provide reasonable prices to expand vegetable intake.

Abatement of Methane Production from Ruminants: Trends in the Manipulation of Rumen Fermentation

  • Kobayashi, Yasuo
    • Asian-Australasian Journal of Animal Sciences
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    • v.23 no.3
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    • pp.410-416
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    • 2010
  • Methane emitted from ruminant livestock is regarded as a loss of feed energy and also a contributor to global warming. Methane is synthesized in the rumen as one of the hydrogen sink products that are unavoidable for efficient succession of anaerobic microbial fermentation. Various attempts have been made to reduce methane emission, mainly through rumen microbial manipulation, by the use of agents including chemicals, antibiotics and natural products such as oils, fatty acids and plant extracts. A newer approach is the development of vaccines against methanogenic bacteria. While ionophore antibiotics have been widely used due to their efficacy and affordable prices, the use of alternative natural materials is becoming more attractive due to health concerns regarding antibiotics. An important feature of a natural material that constitutes a possible alternative methane inhibitor is that the material does not reduce feed intake or digestibility but does enhance propionate that is the major hydrogen sink alternative to methane. Some implications of these approaches, as well as an introduction to antibiotic-alternative natural materials and novel approaches, are provided.

A Study on the Demand for Organic Farming Products (주요 유기농산물 수요분석 및 전망)

  • 윤석원;박영복
    • Korean Journal of Organic Agriculture
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    • v.10 no.1
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    • pp.19-34
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    • 2002
  • This study is to analyze the demand for organic farming products . The demand for organic farming products is increasing rapidly but the study to analyze the demand system by the methods of econometrics is not tried at all because there is no any formal statistical data about the demand. Therefore, this study tries to estimate the raw statistical data to expect the demand trends of organic farming products in the future. To analyze the demand functions of organic farming products such as rice, bean, apple, grape, beef, and park, this study uses AIDS model by using several assumptions and estimates the price and income elasticities of the demands. The results demonstrate that the demands of organic farming products will be increased in the future and the prices of organic farming products will be the key factor in the demand, In 2004, the quantity demanded of the organic grape will account for 3% of total grape market. As a result, consumer's concerns about organic farming products will be high and the demand for organic farming products will be increased. Thus, the reasonable price system has a significant influence on the market of organic farming products.

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Technology Development Trend of Domestic and Foreign Electric Vehicle and Technology Development Strategy of Domestic Electric Vehicle Core Parts (국내외 전기자동차 기술 개발 동향 및 국내 전기자동차 핵심 부품 기술 개발 전략)

  • Son, Younh-Wook;Huh, Gun-Soo
    • The Transactions of the Korean Institute of Power Electronics
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    • v.22 no.5
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    • pp.373-381
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    • 2017
  • The electric vehicle market has increased rapidly in recent years. Established global automakers have announced that electric cars will be developed and distributed. Furthermore, current electric cars are not merely breezes, instead, they are the mainstream of automobiles. However, high prices, short mileage, and long charge times are the main obstacles to the spread of electric vehicles. To solve these problems, the competition for technology development for the expansion of electric vehicles worldwide intensifies because of the improvements in mileage, price reduction, and expansion of charging infrastructure. In this paper, the trends in the development of key technologies for electric vehicles in overseas markets and the present strategic goals for the development of key technologies for electric vehicles in Korea will be identified.

A Study on Recent Trends of Principal Particulars m Ice-Transiting Vessel Design (빙해 항행 선박 주요목의 변화 경향에 대한 조사 연구)

  • Choi Kyung-Sik
    • Journal of Ocean Engineering and Technology
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    • v.20 no.3 s.70
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    • pp.77-81
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    • 2006
  • In this study, design parameters of ice-transiting vessels in the world, currently in service or under construction, were collected and a database of principal particulars for each ship was established. To understand the recent design trend, ice-transiting vessels were categorized into four groups, i.e., conventional icebreakers, icebreaking tug/supply/research vessels, ice-strengthened passenger/car ferry and ice-strengthened cargo vessels. Changes in principal particulars for each group were reviewed and summarized. It was found that the most significant change in the design of ice-transiting vessels was the increment of large size commercial cargo vessels. It is believed that the recent hike of oil prices and booming of Russian economy has resulted in the need for year-round operation with bigger ships in the Baltic Sea and in the Sea of Okhotsk and also along the Northern Sea Route in Russian Arctic Sea.

Improvement of the Parallel Importation Logistics Process Using Big Data

  • Park, Doo-Jin;Kim, Woo-Sun
    • Journal of information and communication convergence engineering
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    • v.17 no.4
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    • pp.267-273
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    • 2019
  • South Korea has allowed parallel importation since 1995. Parallel importation causes competition among importers in the logistics process allowing, consumers to purchase foreign brand products at low prices. Most parallel importers base product pricing on subjective judgements. Fashion products in particular, have different sales rates depending on trends and seasons, so sales performance varies greatly depending on selling price timing and policy. The merchandiser (MD) set the price on parallel importation products by aggregating information on imported products and pricing goods. However, this customized process is very time consuming for the MD. This is because the logistics process of parallel importation's customs clearance procedures and repair works is complicated and takes a significant amount of time. In this paper, we propose an improved parallel importation logistics process based on big data, which automatically sets the price of parallel importation products.

Estimation of Carbon Emissions Price Using Big Data Analysis Method (빅데이터 분석기법을 활용한 탄소배출권 가격 예측)

  • Im, Giseong;Park, Sangwon;Jang, Jiyoung;Lee, Minwoo;Han, Seungwoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.11a
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    • pp.50-51
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    • 2019
  • Globally, South Korea is a country that has a lot of $CO_2$ emissions and has steadily increased its total greenhouse gas emissions since the 1990s. With the recent implementation of the carbon emission trading system in Korea, the importance of calculating $CO_2$ emissions of construction equipment is increasing, hence the need for accurate calculation of environmental penalties through allocating carbon emission rights. This study presents a methodology to predict the price of carbon credits using big data analysis method. This methodology is based on correlating and regression analysis of trends in carbon emission prices and search volumes. This study aims to support faster and more accurate budget calculations in the planning of the construction process based on the predicted price of carbon emission rights.

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Latest 5G Spectrum Auction in Germany (독일 5G주파수 최근(2019) 경매사례 분석)

  • Kim, H.J.;Lee, S.J.
    • Electronics and Telecommunications Trends
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    • v.34 no.6
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    • pp.17-27
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    • 2019
  • This paper introduces the 5G spectrum auction in Germany that occurred last summer and ended overheatedly after an extraordinarily long period. We describe the context of the latest German spectrum auction and trace the participants' bidding behavior. This case details the trend of the 5G spectrum auction and the factors that affect the spectrum auction as follows: First, it is determined that investment obligations that force network installations can be a financial burden to mobile network operators (MNOs) and require a careful approach. Second, excess demands can cause auction overheating and the spectrum supply volume needs to be determined by a proper demand forecast and investment incentive. Third, 'Set-Aside' for local usage aids in developing the vertical industry; however it limits the spectrum supply for mobiles and leads to higher bidding prices. Fourth, a modified adoption of a typical spectrum auction can alleviate MNO's financial burdens to secure the broadband spectrum. Finally, competition to secure the necessary bandwidth in the situation of limited spectrum supply may delay the process of the spectrum auction, causing it overheated.