• Title/Summary/Keyword: Two Sides Markets

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On The Licensed Dealer in Landing Markets (중매인에 관한 연구)

  • 유충열
    • The Journal of Fisheries Business Administration
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    • v.5 no.1
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    • pp.9-42
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    • 1974
  • Korea is a peninsular country surrounded by seas on three sides, and the fishing industry has carried out the service of suppling to the people with important anima protein. The distribution of fishery products has very complicated structures, because the production is in charge of small producers scattering along the coast all over the country, while consumpstion is made by separate homes in areas away from producing district. The relation between these two factors the structures make very complicated. The most typical and special structures of fishery distridution are distinguished in two, that is, one is landing market, the other is inland market. Landing markets have been monopolized by fishermen's cooperatives, providing with landing facilities and building sites. Fish markets played not only an important role in the landing, but distribution and price determination of catches by auction or tender. Inland markets are two types of wholesale market in consuming center, one is the terminal market for urban consumers, the other type is the local market for rural consumers. Fundamental functions of landing markets are gathering, assessment, and distribution functions. Gathering function is in charge of wholesaler in fishery cooperative. Gathering amounts are equal to gathering capacity of wholesaler and transact ability of licensed dealers as shown below model. Gathering amount=f.gathering capacity(=pre price.landing facility.account of wholesaler.distance of fishing ground.conveniency purchasing.home port)=fㆍ transact ability of licensed dealers≒f.population or port, and table 1 indicates these relationship. Assessment and distribution functions are in charge of licensed dealers in consumption side. Assessment function should bring the value in production activity through the auction between the cooperative seller and the licensed dealer as buyer. For fair trade transaction in auction, the free competition is supposed to be a prerequisite among the licensed dealers. The ideal condition for free competition is sameness in the scale of buying amount by licensed delaers, but it is almost impossible to attain its goal in actual marketing.

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The Impact of Pandemic Crises on the Synchronization of the World Capital Markets (팬데믹 위기가 세계 자본시장 동조화에 미치는 영향)

  • Lee, Dong Soo;Won, Chaehwan
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.183-208
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    • 2022
  • Purpose - The main purpose of this study is to widely investigate the impact of recent pandemic crises on the synchronization of the world capital markets through 25 stock indices from major developed countries. Design/methodology/approach - This study collects 25 stock indices from major developed countries and the time period is between January 5, 2001 and February 24, 2022. The data sets used in the study include finance.yahoo.com and Investing.com.. The Granger causality analysis, unit-root test, VAR analysis, and forecasting error variance decomposition were hired in order to analyze the data. Findings - First, there are significant inter-relations among 25 countries around recent major pandemic crises(such as SARS, A(H1N1), MERS, and COVID19), which is consistent result with previous literature. Second, COVID19 shows much stronger impact on the world-wide synchronization than other pandemics. Third, the return volatility of each stock market varies, unit root tests show that daily stock index data are unstable while daily stock index returns are stable, and VAR(Vector Auto Regression) analyses presents significant inter-relations among 25 capital markets. Fourth, from the impulse response function analyses, we find that each market affects the other markets for short term periods, about 2~4 days, and no long term effect was not found. Fifth, Granger causality tests show one-side or two-sides synchronization between capital markets and we estimate, through forecasting error variance decomposition method, that the explanatory portions of each capital market on other markets vary from 10 to 80%. Research implications or Originality - The above results all together show that pandemic crises have strong effects on the synchronization of world capital markets and imply that these synchronizations should be carefully considered both in the investment decisions by individual investors and in the financial and economic policies by governments.

Formation of Hanseongbu Sijeon and characteristics of Sijeon space in Late Joseon~Korean Empire Period (한성부 시전의 형성과 조선 후기~대한제국기 시전 공간의 특징)

  • Jeong, Su-In
    • Journal of architectural history
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    • v.31 no.4
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    • pp.29-44
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    • 2022
  • This thesis is a study to Haengnang(行廊, a series of buildings) of Sijeon(市廛, licensed markets), which was built along with palaces, Jongmyo(宗廟) and roads in order to establish Hanyang(漢陽) as the capital of Joseon (朝鮮). Sijeon, built on Jongno and Namdaemun-ro, the main roads in Hanyang, created two-row lands on both sides of the road, and formed Pimat-gil as an inner road between the Jeonbang and Doga. The formation of the city proceeded along with the maintenance of the water path, and the situation of the water path parallel to the flow of Sijeon was achieved. The Sijeon building was a spatial structure managed by independent rooms as a result of reflecting the unique operation method of Sijeon. The Sijeon of Hanyang had an impact on the formation of land, architecture, roads, and waterways, and acted as a major factor in determining the urban spatial structure of Hanyang City.

The spatial structure and characteristics of the Sijeon around Jongno in Hanseong-bu(漢城府) in the Early 20th Century (20세기 초 한성부 종로 주변 시전 건물의 공간구조와 특징)

  • Jeong, Su-In;Han, Dong-Soo
    • Journal of architectural history
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    • v.31 no.1
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    • pp.7-17
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    • 2022
  • The purpose of this thesis is to understand the shape of The Sijeon (Licensed-Markets) established around the Jongno and Namdaemun-ro Avenues in Hanyang during the Joseon Dynasty in the 19th and 20th centuries and then to examine the relationship with the urban structures of Hanyang City. By investigating the excavation results of the Cheongjin and Gongpyeong areas, drawings, photos, and documentary records related to the city, this study classified the building types in the Jonggak area. As a result, since the 19th century, the basic form of Sijeon with 2 Gan(間, bay) in the front facade and 3 Gan(間) on the side, in other words, 5M in the front and 8M in the side was arranged in parallel, and it was a type with a corridor-type courtyard inside. The inner sides of Jongno Avenue had an atypical flat shape that suited the more free lot, and a courtyard-type plan with a single entrance was also confirmed in the one or two Bang(房, district). This study reflected the operation method of the Sijeon buildings b between the one unit and the other units, which affected the internal spatial structures, and it found that the size and style of the Sijeon buildings were closely relevant to the size of the lots near Jongno Avenue.

A Study on the Competency Assessment for Smart Phone Based Simple Payment (스마트폰 기반 간편결제 서비스의 확산 가능성 평가 요인에 관한 연구)

  • Jung, Hoon;Lee, Bong Gyou
    • Journal of Internet Computing and Services
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    • v.20 no.3
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    • pp.111-117
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    • 2019
  • We categorize the model of simple payment into Magnetic Secure Transmission, Near Filed Communication, and App Card based on the Focus Group Interview. We also define the key drivers for the diffusion of simple payment services based on the literature review with the experts. Through Analytic Hierarchy Process our finding suggests that the degree of acceptance at the stores is the most critical factor which decides the diffusion of simple payment service model. Security is also the important driver but due to the fact that service providers should follow the information security rule and supervisory guidance, it actually did not make a big difference in terms of assessing competence of each model.

A Study on the Consumption of Nordic Design as Japonisme (자포니즘으로서의 북유럽 소비에 대한 연구)

  • Hwang, Sung-Hee
    • Cross-Cultural Studies
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    • v.45
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    • pp.433-478
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    • 2016
  • This article investigates the role of Japan in Korean consumption of Nordic design. In spite of the development of greater access to wide information and global markets, the popular trends in Korea have been mediated by Japan. The cultural power of Japan comes from otaku subculture. Japanese influence can be discussed by two sides. One is the images or symbols composing the Nordic style in Korea. The other is the way how to consume the Nordic design. Japanese neopop images combined with the Nordic design. Japanese 'slow movie' has combined American Kinfolk style with Nordic style. 'Database consumption' from otaku subcultre conceptualized by Azma Hiroki can be applied to Korean consumption of Nordic design.