• The Journal of Asian Finance, Economics and Business
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• v.8 no.10
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• pp.147-158
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• 2021

Due to COVID-19, the risk of price volatility in commodity and equity markets increases. The research and application of hedging is the most effective way to reduce the market risk. Hedging is a risk management strategy employed to offset losses in investments by taking an opposite position in a related asset. We use K-means and hierarchical clustering methods to cluster companies and futures products respectively, and analyze the relationship between the number of hedging firms, regional distribution, nature of firms, capital distribution, company size, profitability, number of local Futures Commission Merchants (FCMs), regional location, and listing time. The study shows that listed companies with large scale and good profitability invest more money in hedging, while state-owned enterprises' participation in hedging is more likely to be affected by the company size and the number of local futures commission merchants, and private enterprises are more likely to be affected by the company profitability and the regional location. Listed companies are more willing to choose long-listed and mature futures products for hedging. We also provide policy advice based on our conclusion. So far, there is no study on the characteristics of hedging. This paper fills the gap. The results provide a basis and guidance for people's investment and risk management. Using clustering analysis in hedging study is another innovation of this paper.

• Journal of The Korean Society of Agricultural Engineers
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• v.65 no.3
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• pp.43-55
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• 2023

The Korean government has promoted rural development projects aimed at bridging the gap between cities and rural areas. However, prior research in assessing available rural projects was mainly focused on only part of the agricultural area, evaluation of project types and improvement measures, analysis of operating management policies, and measuring levels of importance by sub-project categories, and yet the study found a little study on residents' satisfaction of the project who is the direct and fundamental beneficiary. In particular, comparative studies on rural and fishing village residents were insufficient. Thus, the present study chose village residents from Chodo-ri where the Ministry of Oceans and Fisheries held the Customized Capacity Empowerment Project from the Gangwon Fishing Village Specialized Support Center and Songgye-ri where was the project area for rural revitalization project to navigate changes on both perception and satisfaction of the village residents before and after the education.

• Health Policy and Management
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• v.33 no.1
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• pp.40-54
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• 2023

Background: Based on the increase in the needs for convalescent rehabilitation medical services in Korea, this study aims to calculate the needs for rehabilitation services and examine its determinants for 229 regions. Methods: Claim data from the Health Insurance Review and Assessment Service were used to estimate patients who need to receive rehabilitation services, and data from various sources were also used for analysis. The number of cases and incidence rates of hospitalization related to convalescent rehabilitation were calculated to estimate the needs for services by region, and the results were visualized via a map. Multivariate regression and fixed effects regression using panel data were performed to identify the determinants of regional variation of the incidence rate. Results: First, the incidence rate of rural areas such as Jeolla-do, Gyeongsang-do, and Chungcheong-do was higher than urban areas (metropolitan cities). Second, the population, proportion of the elder, medical aid recipients, financial independence, traffic deaths, smoking, diabetes rate, and medical infrastructure correlated significantly with the incidence rate. Third, 'rho' values which mean the fraction of variance due to individual terms in panel data regression models were 0.965 and 0.976, respectively. Conclusion: The incidence rate of hospitalizations was correlated with most independent variables in this study and there is a gap between urban and rural areas. These regional disparities are fixed in our society. An improved regional convalescent rehabilitation system is suggested to cover the entire area including rural areas with a high rate of aging.

• Journal of the Korean Geographical Society
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• v.49 no.4
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• pp.509-524
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• 2014

The purpose of this study is to research on the distribution and correlation of population, industrial employees and highest land value of Seoul. The followings are result of the study. First, the population of Seoul City in 2012 decreased by 0.3%, compared with that in 1996. While the population of Gangbuk decreased, that of Gangnam increased. Second, the number of industrial employees showed larger gap than population, and it showed larger regional gap on producer service. Third, Jung-gu in Gangbuk had the highest land value among commercial areas of Seoul, but there was no significant gap between Gangbuk(Jung-gu and Jongro-gu) and Gangnam(Seocho-gu and Gangnam-gu). Fourth, in the average of the highest land value of residential area of Seoul City, Gangnam was more expensive, because of facilities and living conditions of Gangbuk and Gangnam is big difference. Fifth, the regional gap of the highest land value and the lowest land value of Seoul City is commercial areas larger than residential area. Finally, there was no correlation between the distribution of population and land value, between the increase of population and that of land value, but there was positive correlation between the distribution of industrial employees and the highest land value of commercial area and residential area of Seoul City.

• Journal of the Korean Institute of Landscape Architecture
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• v.36 no.5
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• pp.64-72
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• 2008

The purpose of this study is to compare a habitat suitability grid unit included within a radius of 100m and $1km^2,\;2km^2,\;4km^2$ watershed units in order to predict suitable habitats for Chungcheong province's endangered leopard species(Prionailurus bengalensis). Other developed countries have carried out habitat assessment and established management policies for species conservation using such methods as HEP(Habitat Evaluation Procedures), HSI(Habitat Suitability Index) and GAP(Gap Analysis Program), etc. In accordance with these studies, many evaluation methods for habitat conservation have been proposed in Korea, but these studies are lacking in consideration of analytic units and general application of analysis results. This study predicted leopard habitat using a logistic regression analysis according to analytic units by data from 56 location and 8 sources of environmental data, including elevation, slope, forest area, land cover, roads, water, broadleaf trees, and human habitation. Moreover, the habitat suitability assessment unit was confirmed by a model comparison process encompassing model explanation. verification, and application on a regional scale. Results showed that assessment methods that took into consideration areas in and around the location points were beneficial in predicting habitat and that the assessment unit was appropriate for a 30m grid unit including areas within a radius of 100m and a $1km^2$ watershed unit in Chungcheong Province. This study suggests a method for regional habitat conservation to complement existing conservation area selection methods, and the results are expected to be used in conservation area selection and ecosystem management policies for endangered species.

• Journal of the Korean Society for Library and Information Science
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• v.57 no.3
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• pp.231-248
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• 2023

The purpose of this study is to trigger a discussion on the educational gap between regions in school library resources. To this end, differences and correlations between other resources invested in the school library and output results were analyzed according to manpower allocation. There was a positive correlation between the number of books, the budget, the number of seats, the number of borrowed materials, and the number of students. It was analyzed that manpower allocation had a negative correlation with the number of subjects in which the ratio of students, the lowest grade in the achievement evaluation, was more than 1/2. As a result of examining the staffing according to the 「School Library Promotion Act」 by regional characteristics, it was found that the allocation rate was statistically significantly higher in the order of metropolitan area, and provincial unit. Depending on the regional characteristics, there were differences in net asset per household as well as differences in school library manpower assignment rates. In contrast, the large cities with relatively affluent school library manpower assignment rates were found to be higher. Therefore, based on the survey contents of this study, it was emphasized that the manpower stipulated in the 「School Library Promotion Act」 should be deployed as soon as possible even in relatively poor areas to bridge the educational gap between regions.

• Land and Housing Review
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• v.12 no.4
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• pp.61-79
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• 2021

Despite the rapid economic growth, people's quality of life has not been improved and the regional and hierarchical disparities of it have deepened. We analysed regional differences in quality of life and it was found that non-capital regions, provinces and rural areas compared to Seoul and capital region, metropolitan cities, and urban areas respectively, show a relatively lower level of satisfaction in the quality of life. An in-depth analysis of Chungcheongnam-do province shows that the trend was similar to that of the national analysis. The quality of life satisfaction of the elderly was lower than that of the young and middle-aged, and this trend was similar regardless of region. Young people living in the Dong area showed high satisfaction with the quality of life than the middle-aged and elderly living in the Myeon area. It was observed the level of Life SOC services in urban areas have been better than the one in rural areas. However, there is no clear relationship between quality of life satisfaction and the expansion of Life SOC, therefore, it is difficult to argue that the government intervention to expand Life SOC will improve the citizen's quality of life satisfaction. The implication of the study is that the future supply policy of the Life SOC should be based on the detailed analysis of the impact on the environment, and linking with the development of various programs in progress rather than supplying a Life SOC that provides a single service. Furthermore, in rural areas it is essential to enhance user demand by combining several services in supply and to improve the efficiency of managing the services.

• Journal of the Korean Regional Science Association
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• v.31 no.4
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• pp.47-69
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• 2015

The purpose of this study is to analyze regional spatial distribution and characteristics with the Talent Magnet Potential Index(TMPI), which is calculated through the extra-regional talent attracting environment(Magnet factors) and intra-regional talent cultivating environment(Incubator factors) of each region. As a result, Seoul, Daejeon, Gyeonggi, Ulsan etc. ranked highest, and regions developed in knowledge-based services, R&D capability, and manufacturing turned out to have a higher TMPI. The regions were categorized into 4 types, and the regional type analysis showed that the cumulative effects of Type I(Talent comparative advantage type) and Type III(Talent absolute shortage type) contribute to widening the economic gap among these regions. In addition, although the metropolitan based Type IV(intra-regional talent dependant type) had excellent talent training capability, there seemed to be an outflow of talent into Type I or Type II(extra-regional talent dependant type). This paper has done a correlation analysis to test the validity of the TMPI. As a result, the correlation between talent by type and TMPI turned out to be very high. The correlation coefficient with 2T turned out to have the highest correlation, showing that tolerance contributes a much greater deal to talent attracting and training than expected. Finally, based on the main analytical results, implications for talent attraction & training policy projects and 7 improvement plans have been proposed.

• International Area Studies Review
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• v.15 no.2
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• pp.351-381
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• 2011

When EU was formed in the late 1950s, the income gap or economic development between member nations was similar so that the interest in execution of regional policies at the level of union was relatively small, with just Italy showing some interest relatively. In 1975, however, ERDF was founded, and nations such as Spain or Portugal that were falling behind in economic development compared to existing member nations joined EU, and the regional policy of the union gradually gained attention. Accordingly, EU gradually increased the budget size for regional policies so that through 1980s and 1990s, the budget size grew over 4 times. In 2004 and 2007, 12 Central-Eastern European nations with great gaps in income level with existing member countries joined EU all at once, so that the resolution of regional inequality among member nations arose as an important assignment in the development of the community. Accordingly, EU has modified the overall goals and basis of regional policies to deal with this matter. From such perspectives, this report examined the development process of regional policies executed by EU for the last 50 years. In the conclusion parts, the issues that appeared in the process of executing EU's regional policies were also examined at the same time.

• Journal of Life Science
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• v.18 no.11
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• pp.1479-1484
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• 2008

Deep seawater (DSW) refers to water extracted from the ocean, usually at depths of 200 meters or more, which is rich in inorganic materials and has attracted attention for various applications. We investigated the effects of the DSW on the synaptic maturation of cultured rat hippocampal neurons. Immunocytochemical examination of DIV21 showed that PSD-95, $\alpha$CaMKII, and synGAP$\alpha1$clusters were strengthened and coupling rates of SV2 and NR2B were significantly increased in neurons grown in the presence of H-800 and H-1000 DSW. Our results indicate that DSW promotes the formation of excitatory postsynaptic signal transduction complexes NRC/MASC and functional synapses.