• Title/Summary/Keyword: Property Prices

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An Empirical Study on the Influencing factors of Household Debt (가계부채의 결정요인에 관한 실증적 연구)

  • Lee, Shin-Nam
    • Journal of Digital Convergence
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    • v.14 no.5
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    • pp.177-183
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    • 2016
  • The purpose of this study is to analyze the affecting factors and debt characteristics with household debt. The method of analysis was used SPSS 22.0. The main results were as follows. First, psychological debt burden group were found to be lower academic background, more household members, job in agriculture, forestry and fisheries and women among demographic characteristics. This suggests the need for the governments who are interested in the risk from household debt. Second, psychological debt burden group showed higher level of debt and average monthly debt repayments. This study implies that it is necessary to do financial education and consulting. Third, psychological debt burden group seemed that the households with more the average monthly interest payments and repayments on income, the more total liabilities compared to total assets. As the ages get higher, it was gradually increased. It suggests that the development of psychological counseling program for debtor with household debt. Other factors(property prices or the financial environments) will be dealt with in the subsequent studies.

Properties of the Sintered Eco-brick according to the Unburned Carbon Content of the Coal Briquette Ash (연탄재(煉炭滓)의 미연탄소(未燃炭素) 함량(含量)에 따른 소성(燒成) 에코벽돌 특성(特性))

  • Park, Hong-Kyu;Yoo, Seung-Woo;Jung, Moon-Young
    • Resources Recycling
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    • v.19 no.3
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    • pp.16-23
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    • 2010
  • Coal briquette use has dramatically increased because of high oil prices. Hence, it is necessary to develop an environment-friendly recycling technique of the coal briquette ash. The coal briquette ash contains a large amount of an unburned carbon content and a mullite with high thermal property, so it is considered to be used as raw materials of sintered eco-brick. This study aimed to investigate on how the unburned carbon affects properties of the sintered eco-brick. The eco-brick was mixed with the ratio of 50 wt% coal briquette ash having the unburned carbon 10.5 wt% and 50 wt% cullet, then being sintered at $950^{\circ}C$, which of the compressive strength was in line with the first class of the sintered clay brick standard(KS L 4201). In particular, the compressive strength of the sintered eco-brick was equal to the first class of the KS L 4201 despite the increase of mixing ratio for coal briquette ash with 1.0 wt% unburned carbon to 70 wt%.

A Study on the Variation of Physical & Chemical Properties with Refining Treatment and Additive Mixture for Marine Fuel Oil (선박연료유의 정제처리 및 첨가제 혼합에 따른 물리.화학적 특성 변화에 관한 연구)

  • Han, Won-Hui;Nam, Jeong-Gil;Lee, Don-Chool
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.13 no.1 s.28
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    • pp.39-45
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    • 2007
  • Recently it is a tendency that the heavy fuel oil is considered to be used on board even middle or small sized vessels in order to reduce the operating cost of vessel mused by a rise in international oil prices. In this study, analyzed the physical & chemical properties and examined the effect of refining treatment and a fuel oil additive for MF30 fuel oil which is a mixture fuel oil mixed M.G.O and the heavy oil MF380 use to be possible in the middle&small class vessel. As a results, the effects of two of pre-refinery treatment methods as centrifugal purifier and heating & homogenizing system(M.C.H) are some feeble, but the pour point and the flash point came to be low more or less. The effect of property improvement which is mused by the fuel oil additive did not appear positively.

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CFD Simulation of Methane Combustion for Estimation of Fire and Explosion in Offshore Plant (해양플랜트의 화재 및 폭발 예측을 위한 메탄 연소의 CFD 시뮬레이션)

  • Seok, Jun;Jeong, Se-Min;Park, Jong-Chun;Paik, Jeom-Kee
    • Journal of Ocean Engineering and Technology
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    • v.27 no.2
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    • pp.59-68
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    • 2013
  • Because of the recent increase in maritime cargo capacity, the production and price of crude oil have been rising. As oil prices have risen, many problems have occurred in the industry. To solve these problems, marine resources are being actively developed, and there has been an increase in the orders for special vessels and marine structures for the development of marine resources. However, consequently, various kinds of accidents have also occurred in these special vessels and structures. One of the major types of accidents involves fire and explosion, which cause many casualties and property damage. Therefore, various studies to estimate and prevent such accidents have been carried out. In this study, as basic research for the prevention of fire and explosion, numerical simulations on combustion were carried out by using a commercial grid generation program, Gridgen, and a CFD program, ANSYS-CFX. The influences of some parameters, such as the grid system, turbulence model, turbulent dissipation rate, and so on, on the simulation results were investigated, and optimum ones were chosen. It was found that the present results adopting these parameters agreed moderately well with other experimental and numerical ones.

The Socio-economic Impacts of Urban-to-Rural Migration on the Rural Community: Focused on the Recognition of Rural Residents (농촌주민이 인식하는 귀농·귀촌이 농촌 지역사회에 미치는 사회경제적 영향)

  • Park, Dae Sik;Kim, Kyung In
    • The Korean Journal of Community Living Science
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    • v.28 no.4
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    • pp.653-667
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    • 2017
  • The purpose of this study were to investigate the socio-economic impacts of urban-to-rural migration on the rural community and to identify the factors influencing rural residents' recognition of the socio-economic impacts of urban-to-rural migration on the rural community. For the purpose, this study analyzed Korea Rural Economic Institute's rural residents survey(2016), using multiple regression model. The main finding of this study were as follows: Positive social impacts of urban-to-rural migration on rural community were (1) contributing to community sustainability through population growth, (2) contributing to securing agricultural human resources, and others. Negative social impacts of urban-to-rural migration on rural community were (1) increasing unnecessary complaints and deepening distrust, (2) weakening of community consciousness, and others. Positive economic impacts of urban-to-rural migration on rural community were (1) increasing the value of residents' property, (2) contributing to local finance through increased local tax revenue, and others. Negative economic impacts of urban-to-rural migration on rural community were (1) difficulty of scaling farmland due to small-scale farming, (2) land shortage caused by rising land prices, and (3) fierce competition to secure labor force. According to the multiple regression analysis, the major factors influencing rural residents' recognition of the socio-economic impacts of urban-to-rural migration were (1) villagers' general attitude toward urban-to-rural migrants, (2) urban-to-rural migrants' community participation, (3) age, and (4) fitness of village in urban-to-rural migration.

Post-purchase Evaluation on the Maternity Wear on the Current Korean Market by Survey and Wear test

  • Park, Soon-Jee;Lee, Hee-Jung;Suh, Chu-Yeon
    • Journal of Fashion Business
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    • v.11 no.3
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    • pp.15-34
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    • 2007
  • This study was designed to collect a precise information concerning to the preference and evaluations after usage of pregnant Korean woman for the maternity wear bysurvey and wear tests. Through the survey, 212 respondents were asked to answer what type of maternity wear they prefer and what requirements for maternity wear design are important. According to the results of survey, the mostly preferred maternity wear items were pants and one-piece dress. Korean customers for maternity wear usually pay more for the one-piece dress than other items and they also usually put on medium price pants and low-price blouse. Concerning to the purchase criteria, it may be said that design and movability, fit factors are the buying decision criteria of great weight for Korean pregnant women. Special function most desired was thermal insulation, followed by buffer action, electromagnetic shield and quickly water-absorbent and dry property. Preferred maternity wear design details were flat collar, slightly fitted waist and empire style, gather skirt, rubber band waist. Wear test was performed for two kinds of blouse (BL) and one-piece dress (OP), and threekinds of pants (PT), which have different design details respectively. According to the wear test for ready-to-wear maternity garments, the garment which considers well the characteristics of Korean pregnant women body shape earned much higher score no matter of brands or prices. Generally, high-priced national brands received an excellent evaluation in design aspect, but not satisfied with comfort to move.

An Analysis of the Factors Influencing Sales Price of Multi-Household Houses in Chang-won City (창원시 다가구주택의 매매가격에 영향을 미치는 요인 분석)

  • Oh, Sae-Joon
    • Journal of the Korea Convergence Society
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    • v.10 no.3
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    • pp.193-201
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    • 2019
  • The public's interest regarding multi-household houses, one of the small-scale housings used as profit earning property, has been increasing. Previous studies regarding price, such as the rent and sales price of multi-household houses', however, were difficult to find. Thus, this study set forth to find out what characteristics influence the sales price of multi-household houses so as to provide further suggestions to investors' decision makings and developers' strategy establishments. The data was retrieved from multi-household sales transacted in Changwon City. Through empirical analysis, this paper found that prices were high in Euichang-gu and Seongsan-gu, and meaningful variables in terms of locations were distance from major trade areas(-), distance from main streets(-), and Corner site(+). Meaningful variables related to household characteristics were total floor area(+), Studio type(+), Southern exposure(+), Building age(-), and Full-furnished(+).

Long Memory and Market Efficiency in Korean Futures Markets (국내 선물시장의 장기기억과 시장의 효율성에 관한 연구)

  • Cho, Dae-Hyoung
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.255-269
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    • 2020
  • Purpose - This paper analyzes the market efficiency focusing on the long memory properties of the domestic futures market. By decomposing futures prices into yield and volatility and looking at the long memory properties of the time series, this study aims to understand the futures market pricing and change behavior and risks, specifically and in detail. Design/methodology/approach - This study analyzes KOSPI 200 futures, KOSDAQ 150 futures, 3 and 10-year government bond futures, US dollar futures, yen futures, and euro futures, which are among the most actively traded on the Korea Exchange. To analyze the long memory and market efficiency, we used the Variance Ratio, Rescaled-Range(R/S), Geweke and Porter-Hudak(GPH) tests as semi- parametric methods, and ARFIMA-FIGARCH model as the parametric method. Findings - It was found that all seven futures supported the efficiency market hypothesis because the property of long memory turned out not to exist in their yield curves. On the other hand, in futures volatility, all 7 futures showed long memory properties in the analysis, which means that if new information is generated in the domestic futures market and the market volatility once expanded due to the impact, it does not decrease or shrink for a long period of time, but continues to affect the volatility. Research implications or Originality - The results of this paper suggest that it can be useful information for predicting changes and risks of volatility in the domestic futures market. In particular, it was found that the long memory properties would be further strengthened in the currency futures and bond rate futures markets after the global financial crisis if the regime changes of the domestic financial market are taken into account in the analysis.

A Study on the Standard Land Price and Just Compensation (공공수용 적정보상지가에 관한 분석)

  • LEE, Hojun;KIM, Hyungtai;JEONG, Dongho
    • KDI Journal of Economic Policy
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    • v.34 no.3
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    • pp.1-29
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    • 2012
  • Based on the spatial and land price data of innovation cities and their periphery areas in Korea, this study examines the degree and timing of changes in land price in relation to projects concerning innovation city. The study result confirms that the current system is inconsistent with the principle of restitution of development gain and therefore, this study attempts to seek improvement measures so that the current system can better fit the principle. The analysis reveals that most innovation cities, excluding Sinseo-dong of Daegu and Ujeong-dong of Ulsan, recorded a statistically significant increase in land prices since 2005, compared to those of their neighboring areas. It can be said that the information related to projects concerning innovation city was reflected in the land price since 2005. However, the standard land price pursuant to Article 70 of the Land Compensation Act is the officially assessed land price released on 1st of January 2007, and this official land price was actually applied to the compensation process. Therefore, estimating the compensation amount for land expropriation based on this land price will contradict the principle of restitution of development gain. In other words, despite the fact that development-related information was already reflected in land prices of innovation cities from 2005 to the end of 2006, the compensation process were carried out without institutional arrangements or efforts to exclude such reflection. To solve this problem, this study makes two suggestions. First, it is necessary to cast aside the limitations of the official land price that can be retroactively applied in accordance with Paragraph 5 of Article 70 of the Land Compensation Act, and instead apply the land price which is the most latest but deemed to have no reflection of development gains. Based on this revised standard land price, if the compensation amount is corrected by the average inflation rate and the average rate of increase in land price during the period until the time of the recognized land price, the amount would better satisfy the principle of restitution of development gain. Second, it is necessary to clearly stipulate the standards of development gains being reflected on the land price by including it in the secondary legislation. Under the current system, it is highly likely that appraiser's arbitrary interpretation on development gains is included in the process of calculating the amount of compensation for land expropriation. In this regard, it is necessary to improve the standards on determining whether development gains are reflected based on the results of this academic research and the existing guidelines for appraisal of compensation for land expropriation published by the Korea Association of Property Appraisers.

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A Study on Strategic Patent Identification Process: A Case of 'A' Corp (기업의 전략특허 발굴 프로세스 개선방안에 관한 연구: A사 사례를 중심으로)

  • Hyun, Sung-Ho;Hong, Da-Un;Kim, Dae-Ho;Lee, Joo-Heon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.5 no.2
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    • pp.115-135
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    • 2010
  • In the past, markets were taken over by the firms which could maintain their competitive advantage through economies of scale and associated reductions in costs and prices. However, it has been changed to a new time that companies can secure their competitiveness through continuos improvements and customer orientations. Patent holders can claim protection against any infringer of their patents. Thus, in the future, firms' competitiveness will be decided by patents and intellectual property rights. How can strategic patents can be obtained and secured? The purpose of this article is to provide a couple of suggestions that can help companies secure strategic patents and build their competitive advantages. Until now, Korean companies have been interested only in the quantity of patents, not the quality of patents. In addition, from the beginning, they could not build distinctive strategic positions to secure future valuable technologies. In this article, we provided a couple of suggestions for strategic patent identification processes. First, strategic patents should be identified and created based on the company's vision. Second, the company should create technology maps through investigating previous R&D activities and patented technology information before stating its own R&D activities.

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