• Title/Summary/Keyword: commodity

Search Result 637, Processing Time 0.026 seconds

A Preliminary Study on the Benefits Sought of Preschool Child Education Commodity (취학전 자녀의 교육상품에 대한 어머니의 기대편익에 관한 탐색적 연구)

  • Kim Yoo Kyung;Lee Ki young
    • Journal of Family Resource Management and Policy Review
    • /
    • v.8 no.3
    • /
    • pp.95-111
    • /
    • 2004
  • The overheated education of preschool child has been an social issue lately. The purposes of this study are to identify housewives' benefits sought of preschool child education commodity. Specific research question are as follows : (1) What are the benefits sought of preschool child education commodity? (2) What are the sub-dimensions of that? For this study, interview data were collected through F.G.I.(Focus Group Interview) of 5 housewives and in-depth interviews of 2 housewives. The interview helped to understand housewives' realities of their preschool child education. For later empirical analysis, the data for 400 full-time housewives with preschool child living in Seoul were also collected. The result of one-way ANOVA showed that the sub-dimensions of benefits sought of preschool child education commodity are composed of 'conformity', 'early stimulation', and 'preparation for school'.

  • PDF

Lead-Lag Relationships between Import Commodity Prices and Freight Rates: The Case of Raw Material Imports of Korea

  • Kim, Chi-Yeol;Park, Kwang-So
    • Journal of Korea Trade
    • /
    • v.23 no.2
    • /
    • pp.34-45
    • /
    • 2019
  • Purpose - This study investigates the lead-lag relations between the prices of major commodities imported into Korea and corresponding shipping freight rates. This paper aims to provide implications for cross-market causal relations between related economic segments. Design/Methodology - For economic long-run equilibrium between commodity prices and freights, a Johansen (1988) cointegration test is employed first. Then, Granger (1987) causality tests are performed under the vector error correction model (VECM) framework. Findings - The results indicate that the direction of causality varies by raw materials, which is attributable to different economic mechanisms in the corresponding shipping transportation sectors. In addition, the significance of causality becomes blurred during the post-2008 period. Practical Implication - Corporate managers in commodity trading, steelmaking, power generation, and oil refinery sectors can take advantage of the findings in this study as identifying leading economic indicators can be helpful for decision making in both short- and long-term strategies. Originality/value - This study is the first attempt to analyze the inter-relations between commodity prices and corresponding freight rates focusing on raw material imports of Korea.

The Meaning of Geographical Education of Commodity through Relational Thinking (관계적 사고를 통한 상품의 지리 교육적 의미)

  • Kim, Byung-Yeon
    • Journal of the Korean Geographical Society
    • /
    • v.46 no.4
    • /
    • pp.554-566
    • /
    • 2011
  • Consumer capitalism is transforming real geographical knowledge into imaginary one through commodity fetishism. As a result, students' ability to think themselves and commodity relationally become weak. Thus, the students cannot recognize the positional meanings of themselves in the global networks of food and ethically perceive environmental issues that generate due to the interrelation between the students and the commodity networks. In these problematic consciousness and situations, this research examine relation of commodity consumption and ethics through hamburger connection and insists that geographical education helps the students acquire insight into the relationship between food and themselves through relational thinking.

Effect of Food Commodity Supplementary Program for Low Income Elderly People (저소득층 독거노인의 식품지원 프로그램 효과)

  • Park, Hee-Jung;Lim, Bo-Kyung;Kim, Wha-Young
    • Journal of the Korean Society of Food Culture
    • /
    • v.22 no.1
    • /
    • pp.149-156
    • /
    • 2007
  • This study was performed to evaluate the effectiveness of food commodity supplementary program for low-income, living alone elderly people. The subjects were 57 low income aged females who lived alone in Bucheon city. The food commodity supplementary program lasted for 6 months, supplying one meal per day consisting with grains, meat, vegetables, dairy and fruit. Dietary intake, anthropometric measurements, and blood profiles were assessed. After 6 months of food commodity supplemented period, dietary intakes of protein(p<0.05), calcium(p<0.05), iron(p<0.05) and vitamin B(p<0.001) were significantly increased. The mean weight(p<0.05) and BMI(p<0.05) were increased, and the frequency of BMI over 25kg/m$^2$ was also raised from 54.4% to 59.7%. Serum concentrations of total protein(p<0.001) and albumin(p<0.001) were significantly increased, indicating improvement of protein status. The frequency of anemia was decreased from 45.6% to 26.3%. However, the proportion of dyslipidemia was increased. In general the stable food commodity supplementary program was effective to improve general nutritional status of the poor aged who lived alone, however, nutrient intakes still did not meet RDA for the elderly and the rates of obesity and dyslipidemia were increased. Therefore, local government should provide more active food support program and the selection of food items for commodity should be evaluated at regular intervals.

A Plan on Expanding Export of Small Businesses Using e-Trading Application in Industrie 4.0 (인더스트리 4.0시대에서 전자무역을 활용한 중소기업 수출 확대 방안)

  • SONG, Gye-Eui
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.78
    • /
    • pp.53-72
    • /
    • 2018
  • Recently, it has been known that it need to be solved export marketing on expanding export of Small Business Commodity. Therefore, the purpose of this paper is to analyse on expanding export of Small Business Commodity through e-Trading Application in Industrie 4.0. This study deals with the terms of three connection success factors on expanding export of Small Business Commodity through e-Trading Application in Industrie 4.0 which are a firm's subjective factors, a industrial environment factors, and a governmental policy factors. According to analysis results of the three success factors, a firm's subjective factors(4.13 score) are scored at the most ones of the three success factors, to be compared with a industrial environment factors(3.89 score), with a government policy factors(3.72 score). Therefore, first of all, it is important to expanding export of Small Business Commodity through e-Trading Application in Industrie 4.0 through as follows, a firm's subjective factors : (1) to procure concentrated market strategy and real market capacity, (2) to procure speedy satisfaction of customer needs and confidence, (3) to procure ability of export marketing through e-Trading Application, (4) to enhance export expanding strategy coincided in Industrie 4.0. And, the next, we have to expanding export of Small Business Commodity through e-Trading Application in Industrie 4.0 through considering a industrial environment factors and a government policy factors.

  • PDF

The Rubber Pricing Model: Theory and Evidence

  • SRISUKSAI, Pithak
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.11
    • /
    • pp.13-22
    • /
    • 2020
  • This research explores the appropriate rubber pricing model and the consistent empirical evidence. This model has been derived from the utility function and firm profit-maximization model of commodity goods. The finding shows that the period t - 1 affects expected commodity price and expected profit of commodity production. In fact, a change in the world price of rubber in the past period led to a change in the expected price of rubber in the short run which influenced the expected rubber profit. As a result, the past-period free on board price has an entirety effect on expected farm price of rubber given an exchange rate. In addition, the rubber pricing model indicates that the profit of local farmer on rubber plant depends solely on the world price of rubber in the short run in case of Thailand. In an empirical study, it was found that a change in the price of ribbed smoke sheet 3 in Singapore Commodity Exchange significantly and positively determined the fluctuation of rubber price at the farm gate in Thailand which was consistent with the behavior of the Thai farmers. Both prices are also cointegrated in the long run. That is, the result states that the VECM is an appropriated pricing model for forecasting the farm price in Thailand.

Study on the optimal storage-capacity based on the commodity volume in apartments - Focused on $85m^2$ apartment - (물품부피에 근거한 적정수납용적에 관한 연구 - 30평형대 아파트를 중심으로 -)

  • Lee, Youn-Jae;Kim, Joon-Ji;Lee, Hyun-Soo
    • Korean Institute of Interior Design Journal
    • /
    • v.15 no.6 s.59
    • /
    • pp.139-149
    • /
    • 2006
  • Because of economic growth and the social trend to respect individuality, people's average commodity volume tends to increase. It makes people perceive the importance of storage space. The storage planning without consideration of commodity volume in the apartment can not satisfy the needs of residents. This study is developed focused on the $85m^2$ apartment which is the most representative and general type. The objectives of the study are to investigate the storage-capacity of $85m^2$ apartment offered by 4 construction companies to know the present storage condition, to investigate the average volumes and type of commodities in 30 families located in Seoul and Kyungkido to produce the necessary storage-capacity, and lastly to produce optimal storage-capacity and proportion of optimal storage-capacity considering the volume of the furniture owned by each resident. The results of the study are 1) the storage capacity for commodity volume in $85m^2$ apartment is $19.41m^3$. 2) the optimal storage-capacity which only counts the storage volume of built-in furniture is $17.14m^3$ 3) the proportion of optimal storage-capacity is 9.5% of the house-capacity.

The Financialization in the Commodity Markets and Hedge Funds' Financial Speculation (상품시장의 금융화의 헤지펀드의 금융적 투기)

  • Kim, Myoungrok
    • 사회경제평론
    • /
    • no.38
    • /
    • pp.129-161
    • /
    • 2012
  • This paper suggests that, in contrast to main argument of Efficient Market Hypothesis, hedge funds's financial speculation activity in the commodity markets are tending to generate a malfunction of making future price diverge from fundamental price. For this reason, we insist that stricter regulation on commodity derivative markets, including position limitation, is needed. Using some statistic analysis tools, we show that derivative transaction volume is getting so larger that financial speculation by hedge funds dominates price movement in commodity market and eventually slackens the speed of price's return to the fundamental price.

COMMODITY FUTURES TERM STRUCTURE MODEL

  • Choi, Hyeong In;Kwon, Song-Hwa;Kim, Jun Yeol;Jung, Du-Seop
    • Bulletin of the Korean Mathematical Society
    • /
    • v.51 no.6
    • /
    • pp.1791-1804
    • /
    • 2014
  • A new approach to the commodity futures term structure model is introduced. The most salient feature of this model is that, once the interest rate model is given, the commodity futures price volatility is the only quantity that completely determines the model. As a consequence this model enables one to do away with the drudgeries of having to deal with the convenience yield altogether, which has been the most thorny point so far.

Multiobjective Transportation Infrastructure Development Problems on Dynamic Transportation Networks (화물수송체계의 평가와 개선을 위한 다목적 Programming모델)

  • 이금숙
    • Journal of Korean Society of Transportation
    • /
    • v.5 no.1
    • /
    • pp.47-58
    • /
    • 1987
  • A commodity distribution problem with intertemporal storage facilities and dynamic transportation networks is proposed. mathematical integer programming methods and multiobjective programming techniques are used in the model formulation. Dynamic characteristics of commodity distribution problems are taken into account in the model formulation. storage facility location problems and transportation link addition problems are incorporated into the intertemporal multicommodity distribution problem. The model is capable of generating the most efficient and rational commodity distribution system. Therefore it can be utilized to provided the most effective investment plan for the transportation infrastructure development as well as to evaluate the existing commodity distribution system. The model determines simultaneously the most efficient locations, sizes, and activity levels of storage facilities as well as new highway links. It is extended to multiobjective planning situations for the purpose of generating alternative investment plans in accordance to planning situations. sine the investment in transportation network improvement yields w\several external benefits for a regional economy, the induced benefit maximization objective is incorporated into the cost minimization objective. The multiobjective model generates explicitly the trade-off between cost savings and induced benefits of the investment in transportation network improvement.

  • PDF