• Title/Summary/Keyword: Resource Exchange

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Petroleum Imports and Exchange Rate Volatility (원유수입과 환율변동성)

  • Mo, Soo-Won;Kim, Chang-Beom
    • Environmental and Resource Economics Review
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    • v.11 no.3
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    • pp.397-414
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    • 2002
  • This paper presents an empirical analysis of exchange rate volatility, petroleum's import price and industrial production on petroleum imports. The GARCH framework is used to measure the exchange rate volatility. One of the most appealing features of the GARCH model is that it captures the volatility clustering phenomenon. We found one long-run relationship between petroleum imports, import price, industrial production, and exchange rate volatility using Johansen's multivariate cointegration methodology. Since there exists a cointegrating vector, therefore, we employ an error correction model to examine the short-run dynamic linkage, finding that the exchange rate volatility performs a key role in the short-run. This paper also apply impulse-response functions to provide the dynamic responses of energy consumption to the exchange rate volatility. The results show that the response of energy consumption to exchange rate volatility declines at the first month and dies out very quickly.

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The social network resource exchange and perception of community resources among rural housewives: on the part of interpersonal resources (농촌주부의 사회관계망, 자원교환, 지역사회자원인지 : 대인적 자원부분을중심으로)

    • Journal of Families and Better Life
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    • v.15 no.2
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    • pp.45-58
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    • 1997
  • In the traditional rural community social relationships among the people are the routes of resources. But as industrialization goes on rural community has changed. I wonder that rural housewives have yet the traditional social network structure. This stud purposed to analyze the structure of social network resource exchange and perception of community resources. Results were as follows: 1. In the rural housewife's social network structure network range and depth were affected by family income age of the youngest and farming time. Network boundary was affected by near environmental variables such as community resources and community level of living. 2. Community resources was the most influential variable in the resource exchanged 3. Perception of community resources was affected by network depth and was not by the resource exchange.

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An improved algorithm for the exchange heuristic for solving multi-project multi-resource constrained scheduling with variable-intensity activities

  • Yu, Jai-Keon;Kim, Won-Kyung
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1993.04a
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    • pp.343-352
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    • 1993
  • In this study, a modified algorithm for the exchange heuristic is developed and applied to a resource-constrained scheduling problem. The problem involves multiple projects and multiple resource categories and allows flexible resource allocation to each activity. The objective is to minimize the maximum completion time. The exchange heuristkc is a multiple pass algorithm which makes improvements upon a given initial feasible schedule. Four different modified algorithms are proposed. The original algorithm and the new algorithms were compared through an experimental investigation. All the proposed algorithms reduce the maximum completion time much more effectively than the original algorithm. Especially, one of four proposed algorithms obviously outperforms the other three algorithms. The algorithm of the best performance produces significantly shorter schedules than the original algorithm, though it requires up to three times more computation time. However, in most situations, a reduction in schedule length means a significant reduction in the total cost.

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Effects of Work-Family Related Environment and Attitude on Resource Exchange between Working Mothers and Their Child (일.가정양립태도와 환경이 취업모가 지각한 모자간 자원제공에 미치는 영향)

  • Cho, Su-Gene;Lee, Ki-Young
    • Journal of the Korean Home Economics Association
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    • v.49 no.6
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    • pp.23-37
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    • 2011
  • This research tried to identify how different types of environments related with work-family reconciliation effects the amount of resource exchange between working mothers and their child. In this study, we applied theoretical concepts such as 'Defamiliarization'(rights of mothers to access the work force without any environmental obstacles) and 'Familiarization'(a movement trying to balance work with family and child). This study is an analysis of valid questionnaires filled out by 220 female respondent's who was holding a job and also had children attending elementary, middle, or high school at the time answering the survey questionnaire. Results of this survey are as follows. Mother's attitudes toward familiarization and child's school environments related with defamiliarization had critical effects on mother's perceived resource exchange. And in a further analysis, among the clustered groups of mothers the group which consists of mothers who try to work hardly on both work and family had the highest degree of the resource supplies to their child.

Knowledge Exchange Activities and Performances in Software Industry Clusters: Focus on Firm Size Effect

  • CHO, Sung Eui
    • The Journal of Economics, Marketing and Management
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    • v.10 no.6
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    • pp.9-16
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    • 2022
  • Purpose: This research investigates the differences in knowledge exchange activities and performances between startups and large companies in software industry clusters. Research design, data, and methodology: Six independent factors of human resource information, R&D and technology, marketing knowledge, government support information, strategic knowledge, and cooperation information were extracted to test the firm size effect in the relationships with two performance factors such as satisfaction with industry cluster location and satisfaction with financial performances. Data were collected through a survey of entrepreneurs, managers, and employees and tested by statistical analysis methodologies. Results: Three independent factors of human resource information, R&D and technology, and cooperation information were particularly significant in the relationship with both dependent factors. Strategic knowledge significantly affected financial performance. Knowledge exchange activities were more important in startups than in large companies for all eight factors. Conclusion: Policies for software industry clusters need a different approach for startups and large companies.

MIMO-aided Efficient Communication Resource Scheduling Scheme in VDES

  • Sung, Juhyoung;Cho, Sungyoon;Jeon, Wongi;Park, Kyungwon;Ahn, Sang Jung;Kwon, Kiwon
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.16 no.8
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    • pp.2736-2750
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    • 2022
  • As demands for the maritime communications increase, a variety of functions and information are required to exchange via elements of maritime systems, which leads communication traffic increases in maritime frequency bands, especially in VHF (Very High Frequency) band. Thus, effective resource management is crucial to the future maritime communication systems not only to the typical terrestrial communication systems. VHF data exchange system (VDES) enables to utilize more flexible configuration according to the communication condition. This paper focuses on the VDES communication system among VDES terminals such as shore stations, ship stations and aids to navigation (AtoN) to address efficient resource allocation. We propose a resource management method considering a MIMO (Multiple Input Multiple Output) technique in VDES, which has been widely used for modern terrestrial wireless networks but not for marine environments by scheduling the essential communication resources. We introduce the general channel model in marine environment and give two metrics, spectral and the energy efficiencies to examine our resource scheduling algorithm. Based on the simulation results and analysis, the proposed method provides a possibility to enhance spectral and energy efficiencies. Additionally, we present a trade-off relationship between spectral and energy efficiencies. Furthermore, we examine the resource efficiencies related to the imperfect channel estimation.

Feasibility Analysis for Futures Trading of Imported Crude Oil (국내 수입 원유의 선물거래 타당성 분석)

  • Yun, Won Cheol
    • Environmental and Resource Economics Review
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    • v.9 no.2
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    • pp.421-449
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    • 2000
  • The objective of this paper is to examine whether it is feasible to introduce an crude oil futures contract on domestic commodity exchange in order to minimize the price risks of imported crude oil. In addition. this study suggests the policy issues to promote futures trading and the alternatives to use foreign energy compares the five criteria to evaluate the feasibility of crude oil futures trading on the domestic exchange. Related to the possibility of successful futures trading of imported crude oil on the domestic exchange, they are evaluated as follows: it is highly possible to succeed for the aspects of price volatility, potential market size or liquidity, and commodity homogeneity; but it is inappropriate for the aspects of deliverable amounts and market power or market structure. Therefore, it is concluded that trading a new futures contract for the underlying imported crude oil on the domestic exchange is inappropriate. For the policy issues and the hedging alternatives, first, it is urgent to establish an atmosphere for futures trading by promoting spot trading. Second, for the case of futures trading on the domestic exchange it is important to consider the simultaneous hedging of crude oil price and foreign exchange risks and mutual offsetting mechanism with major foreign exchanges. Third, for the case of futures trading on foreign exchanges it is reasonable to regard cooperation among concerned companies, government support for futures trading and direct participation into futures trading by the government.

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The Impact of the Exchange of Sustainable Technological HR Innovation Knowledge within Chaebols on the Performance of Global Subsidiaries

  • Lee, Jeoung Yul;Ma, Yinan
    • Journal of Korea Trade
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    • v.25 no.4
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    • pp.108-127
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    • 2021
  • Purpose - On the basis of knowledge transfer theory, we empirically explored how three types of human resource (HR) innovation knowledge exchange within a Chaebol drive the global subsidiary performance of the headquarters (HQ) of a Chaebol's globally affiliated companies. Design/methodology - Using a sample of 176 Korean HQ firms of the top 53 Chaebols and 1,061 of their foreign manufacturing subsidiaries (n = 1,061), we tested the relationship between the exchange of explorative and exploitative sustainable HR innovation knowledge among HQ firms of Chaebols, their subsequent transfer of technical HR knowledge via technical schemas, and the subsequent impact on the global subsidiary performance. Findings - The Chaebols' decisions about the three strategic knowledge management options (i.e., the degree of exchange of explorative and exploitative technological HR innovation knowledge and the extent of HQ-subsidiary HR knowledge transfer) have highly significant relationships with the global subsidiary performance. The results help explains the conditions under which the explorative versus exchange of exploitative sustainable HR innovation knowledge pays off by showing the moderating role of the degree of HQ-to-subsidiary technical HR knowledge transfer, at least in the case of the Chaebol as one representative type of the emerging-market business groups. Originality/value - As the first of its kind in the field of sustainable HR innovation knowledge management at the business group level, the present study makes a clear contribution in demonstrating how the performance of Chaebols' manufacturing subsidiaries depends greatly on their strategy for management of knowledge, as reflected in the choices they make about sharing both explorative and exploitative sustainable HR innovation knowledge among HQ firms and the subsequent transfer of HQ's sustainable HR innovation knowledge to the foreign subsidiaries.

Network Structure of Professional Volleyball Players and Resource Exchange (프로배구 선수의 사회연결망 구조와 자원교환)

  • Lee, Se-Ho
    • The Journal of the Korea Contents Association
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    • v.12 no.6
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    • pp.438-447
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    • 2012
  • This study was to explore the social network structure of professional volleyball players and analyze network variables and resource exchange. This study selected 127 players of Korean professional volleyball in ten team of male and female using the purposive sampling method. The research method utilized general social survey of NGQ(Name Generator Question) and interview. To analyze data, NetMiner 3.0 and SNA(social network analysis) were used. The conclusion based on above study method and the result of material analysis are here below. First, social network of professional volleyball players is scale-free network following power law. Centrality and herb of club members' network show up richer-get-richer and poor-get-poor by collecting links of back of beyond. Second, social network structure of professional volleyball players influence resource exchange.

Demand Management by Demand Resource Market (지원금입찰제(수요자원시장)에 의한 수요관리)

  • Moon, Kyeong-Seob;Kim, Doo-Joong;Ok, Ki-Yeol;Shin, Jae-Ho
    • Proceedings of the KIEE Conference
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    • 2008.11a
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    • pp.80-82
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    • 2008
  • '08년도에 전력거래소는 에너지관리공단의 직접부하제어 설비와 고객을 인수하여 지원금입찰제에 의한 수요관리사업, 즉 수요자원시장을 구축하여 운영하였다. 곁 논문에서는 수요자원시장의 기본개념을 설명하고, 08년도 하계 수요자원시장외 운영결과와 개선방향에 대해 언급하고자 한다.

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