• Title/Summary/Keyword: Return policy

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Rural Residents And Return Farmer Subject to the Rural Rental Housing Comparison Analysis of Needs (농촌거주자와 귀농·귀촌자를 대상으로 한 농촌형 임대주택 요구특성 비교 분석)

  • Lee, Chang-Woo;Park, Mi-Lan;Lee, Kook-Yong
    • Journal of the Korean Institute of Rural Architecture
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    • v.18 no.1
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    • pp.11-18
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    • 2016
  • The purpose of this study is to analyze the characteristics for the needs of rural residents and return farmer on rural rental housing. Through these rural rental housing as it wants to improve the living environment of rural areas. Housing problems of rural areas is one of the important factors that determine the quality of life in rural areas. Despite many rural development program it has been deteriorating housing conditions in rural areas. The purpose of this study aims to find the required characteristics of the rural residents and return farmer for rental housing system introduced in rural areas. As research methods, the survey it was required to rent the properties rural residents and expectant return farmer. The main analysis results are summarized as follows. First, expectant return farmer than rural residents are more flavors of rental Residential high. Second, rural residents prefer ratio was higher this apartment, expectant return farmer appeared to prefer the house. Finally, rural residents may prefer concrete homes, expectant return farmer appeared to favor the wooden houses. The results of this study can be a basis for effective strategies for future rural rental housing. More sustainable in the future, including the analysis of various parameters in progress by being linked to policy measures that will be provided. This study aims to be the foundation of sustainability in rural rental housing policy.

Rental Resource Management Model with Capacity Expansion and Return (용량 확장과 반납을 갖는 렌탈 자원 관리모델)

  • Kim Eun-Gab;Byun Jin-Ho
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.3
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    • pp.81-96
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    • 2006
  • We consider a rental company that dynamically manages Its capacity level through capacity addition and return While serving customer with its own capacity, the company expands its capacity by renting items from an outside source so that it can avoid lost opportunities of rental which occur when stock is not sufficient. If stock becomes sufficiently large enough to cope with demands, the company returns expanded capacity to the outside source. Formulating the model into a Markov decision problem, we identify an optimal capacity management Policy which states when the company should expand its capacity and when it should return expanded capacity after capacity addition. Since it is intractable to analytically find the optimal capacity management policy and the optimal size of capacity expansion, we present a numerical procedure that finds these optimal values based on the value iteration method. Numerical analysis is implemented and we observe monotonic properties of the optimal performance measures by system parameters, which are meaningful in developing effective heuristic policies.

Study of the Effect of Incentive Policies on the Intention to Return the Driver's Licenses of Elderly Drivers (고령운전자의 운전면허증 반납 의사에 인센티브 정책이 미치는 영향 연구)

  • Kim, Joo Young;Jung, Hun Young
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.42 no.2
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    • pp.219-227
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    • 2022
  • In Korea, as the aging phenomenon accelerates, the problem of traffic accidents related to the elderly is continuously emerging. Efforts to improve this are being implemented, but unfortunately the results of these effects are not clear. Therefore, in this study, the effect of traffic characteristics and incentive policies on the return of driver's licenses of elderly drivers was reviewed. As a result of the analysis, it was confirmed that the intention to return the driver's license was low in the case of men, older people, those with low dependence on public transportation, those who undertook long driving hours, and those who took frequent trips. On the other hand, financial incentives were found to play a positive role with regard to the intention to return the driver's license. However, the effect is expected to be insignificant for those with a low intention to return the driver's license. As a result, under the current policy, it is predicted that there is a limit to improving the social problems caused by elderly drivers, meaning that it is necessary to review approaches that induce the return of their driver's licenses.

The Return Migration of Koreans in Central Asia to the Russian Far East (중앙아시아 고려인의 러시아 극동 지역 귀환 이주)

  • Lee, Chai-Mun;Park, Kyu-Taeg
    • Journal of the Korean association of regional geographers
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    • v.9 no.4
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    • pp.559-575
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    • 2003
  • The purpose of this study is to systematically explain and discuss the return migration of Koreans in Central Asia to the Russian Far East. The Koreans' return migration is explained by the combination of push and pull factors inherent in the host and home countries. The structural or institutional push factors in Central Asia include the linguistic policy of a country, civil war, ethnic conflicts, while the micro ones are the Koreans' high concern of their children's education and the improvement of a socio-economic status. The macro pull factors operated in the Russian Far East are the permission to use the housing facilities and land previously controlled by military authorities and the laws of recovering the koreans' basic right and honor, while the micro ones are the networks of relatives and friends living in Central Asia and the Russian Far East. The two aspects related to the Koreans' return migration are also discussed. Firstly, the return migration of Koreans in Central Asia is interpreted as a migration of ethnic affinity. Secondly, the establishment of an autonomous district of Koreans in the Russian Far East is discussed.

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한국의 집권정당별 거시경제정책 실증분석 - 그랜져 인과성 검정 및 충격반응분석 중심으로 -

  • Kim, Jong-Kwon
    • Proceedings of the Safety Management and Science Conference
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    • 2007.11a
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    • pp.503-516
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    • 2007
  • USA has distinct differences of economic policy by a ruling party. And, USA economy has mainly influenced on it of Korea. So, we examine whether a ruling party of Korea has different regime including rate of return in stock market. The Republican Party and Democratic Party have based on Milton Friedman and Keynes economy at each other's economic policy in the USA The Republican Party and Democratic Party have different interest level and excess return on equity, GDP growth rate, unemployment rate. Also, a ruling party of Korea has different regime and economic activity in this paper.

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A Study on the Driver's License Renewal and Return Policy through the Recognition of the Elderly's Driving Pattern (고령자의 운전패턴 인식을 통한 운전면허증 갱신 및 반납 정책에 대한 연구)

  • Cho, Myeon-gyun
    • Journal of Digital Convergence
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    • v.16 no.10
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    • pp.213-222
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    • 2018
  • This study was conducted to derive the traffic accident risk index through the recognition of the elderly driver's driving pattern to reduce the traffic accident rate of elderly drivers and to reflect them in the renewal and return policy of driver's license accordingly. First, the traffic accident risk index is defined by analyzing the behavioral characteristics of older drivers to derive the major factors that lead to traffic accidents. Second, we present a method to measure the traffic accident risk index from the driving pattern of the elderly through the smart-phone, the camera and the distance sensor attached to the car. Finally, we derive three thresholds by computer simulation and determine the accident risk from the measured traffic accident risk index as four steps and suggest ways to ensure safe driving of older drivers. It is required to objectively assess the driving ability of an aged driver in accordance with the proposed method, and to induce the driver to reset the driver's license renewal cycle and voluntarily return the driver's license to minimize social costs due to increased traffic accidents.

Determinants of Debt Policy for Public Companies in Indonesia

  • MUKHIBAD, Hasan;SUBOWO, Subowo;MAHARIN, Denis Opi;MUKHTAR, Saparuddin
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.29-37
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    • 2020
  • This research seeks to determine the influence of investment opportunity set (IOS); profitability (Return on Assets - ROA), liquidity, business risk and firm size on debt policy. We used 42 manufacturing companies registered on the Indonesian Stock Exchange (Bursa Efek Indonesia) as object research. We used purposive sampling method to determined samples, consider the period observation from 2012 to 2016, and produce 168 units analysis. Data analysis uses the multiple regressions with the SPSS tools. The results of the study found that companies' debt policies in Indonesia are negatively affected by the liquidity. Investment opportunity set (IOS) has negative effect on debt policy. Meanwhile, ROA, Return on Invested Capital (ROIC), and firm size of a company has no impact on debt policy. These findings indicate that Indonesian manufacture companies do not see the high investment opportunity set and profitability as a policy basis for increasing debt. Moreover, the high profitability also does not cause companies to increase their debt ratio. Our study indicates that Indonesian manufacture companies use internal funds to fund their investment. This finding is a concern for creditors, as they can now see the ability of the companies, and especially their performance, in determining their credit policies.

China's Brain Gain at the High End: An Assessment of Thousand Youth Talents Program

  • Sun, Yutao;Guo, Rongyu;Zhang, Shuai
    • Asian Journal of Innovation and Policy
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    • v.6 no.3
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    • pp.274-294
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    • 2017
  • While studies have viewed the effect of Chinese talent-attracting programs launched by government since reform and open door policy, little of them has assessed these programs empirically and pertinently. This article intends to assess an important program - the Thousand Youth Talents Program (TYTP). Frist, this paper proposed a transnational migration matrix of the academics to clarify the dynamic mechanism of academic brain gain at the high end. Then, the Kaplan-Meier analysis and Cox regression model are used to empirically analyze the policy effect of TYTP. The results show that, academic ability have double edged impacts on brain gain at the high end, some scholars whose last employer's academic ranking is world's Top100 have stronger willing to return, and the negative effect of academic ranking decreases with time passing; while scholars with a tenure-track position, a tenure position or a permanent position tend to stay overseas, and the hazard rate of staying increases with age. The older scholars have more intentions to go back China, while gender was not a significant factor influencing academic return at the high end. That is, the talent-attracting programs has partly succeeded in bringing back the academics at the high end.

Impact of ESG (Environmental, Social, Governance) on the Performance of Electric Utilities (ESG(Environmental, Social, Governance)가 발전기업의 성과에 미치는 영향)

  • Ko, Byungguk;Lee, Kyuhwan;Yoon, Yongbeum;Park, Soojin
    • New & Renewable Energy
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    • v.18 no.2
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    • pp.60-72
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    • 2022
  • The environmental, social, and governance (ESG) score is gaining recognition as important nonfinancial investment criteria. With climate change emerging as a global issue, energy companies must pay attention to the ESG impact on corporate performance. In this study, the ESG impact on the performance of energy companies was analyzed based on 23 companies selected from the S&P 500. The panel corrected standard error methodology was used. The Refinitiv ESG score was the independent variable, and financial performance metrics, such as Tobin's Q, return on assets, and return on equity, were the dependent variables. It was found that the ESG score is positively associated with long-term corporate value but not with short-term profitability in the electricity utility industry. Among the subcategories of ESG, the environmental and social scores also showed positive correlations with long-term corporate value. A direct incentive policy is recommended that can offset expenses for ESG activities to reduce carbon emission in the energy sector.

Can Big Data Help Predict Financial Market Dynamics?: Evidence from the Korean Stock Market

  • Pyo, Dong-Jin
    • East Asian Economic Review
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    • v.21 no.2
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    • pp.147-165
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    • 2017
  • This study quantifies the dynamic interrelationship between the KOSPI index return and search query data derived from the Naver DataLab. The empirical estimation using a bivariate GARCH model reveals that negative contemporaneous correlations between the stock return and the search frequency prevail during the sample period. Meanwhile, the search frequency has a negative association with the one-week- ahead stock return but not vice versa. In addition to identifying dynamic correlations, the paper also aims to serve as a test bed in which the existence of profitable trading strategies based on big data is explored. Specifically, the strategy interpreting the heightened investor attention as a negative signal for future returns appears to have been superior to the benchmark strategy in terms of the expected utility over wealth. This paper also demonstrates that the big data-based option trading strategy might be able to beat the market under certain conditions. These results highlight the possibility of big data as a potential source-which has been left largely untapped-for establishing profitable trading strategies as well as developing insights on stock market dynamics.