• Title/Summary/Keyword: competition periods

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Empirical Analysis of Credit Card Delinquency Effect by Market Competition (시장 경쟁이 신용카드 연체부도율에 미치는 효과에 대한 실증분석)

  • Ko, Hyuk-Jin;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
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    • v.11 no.4
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    • pp.261-267
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    • 2009
  • The purposes of this article is to analyse how market competition of credit card company affect price(interest rate) and survival length of card users. This paper uses individual account data from a large Korean credit card company during the periods from 2002 to 2006. The findings of our study are as follows. First, market competition of credit card company have a negative effect with interest rate of credit card. Second, market competition of credit card company have a affirmative effect with survival length. Finally, The effect of Increasing delinquency rate due to price increase is smaller than decreasing delinquency rate due to extending survival length.

A Study on the Change of Critical Elements of the Design Evaluation during the last two Decades - Focused on Architectural Competition in Germany - (최근 20년간 디자인 평가항목 변천에 관한 연구 - 독일설계경기를 중심으로 -)

  • Cho, Ja-Yeon
    • Korean Institute of Interior Design Journal
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    • v.20 no.2
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    • pp.3-9
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    • 2011
  • In this study, the change of critical elements of the design evaluation was investigated during two decades at the architectural competition which was held nationwide in Germany. Specifically, the periods of investigation span both from July 1989 to June 1990 and from July 2009 to June 2010. The results of the analysis show that the cost of construction, the maintenance cost, the design of facade and the energy conservation are being magnified for the new important elements. The images of buildings and the economic aspects are meant to be high. The frequency of the critical elements for interior spaces is approximately two times more important than those for the forms and outdoor spaces. Overall, many juries of the architectural competition in Germany were interested in the elements for interior spaces. The field of function accounts for roughly the half of four basic architectural fields such as function, others, aesthetic and construction fields. The critical elements are required persistently such as context, Circulation, organization of space, form, landscape and outdoor space design, arrangement of building, cost of construction, function, design of facade, location of main entrance. These items are regarded as the most important elements of the design evaluation at the competition. Knowing the change of critical elements of the design evaluation, we can understand the trend of architecture in Germany. The results of this study can be applied in Korea to develop the critical elements of design.

Weed Emergence and It's Competition in the Differently Cropped Paddy Fields in Southern Districts (남부(南部)논에서의 수도작기변동(水稻作期變動)에 따른 잡초발생(雜草發生) 및 경합특성(競合特性)에 연구(硏究))

  • Heo, S.M.;Guh, J.O.
    • Korean Journal of Weed Science
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    • v.5 no.1
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    • pp.24-34
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    • 1985
  • To estimate the fundamental situation of weed emergence and it's competition to paddy rice (critical competition period and threshold level) in the southern paddy area in Korea, two rice cultivars (Pungsanbyo and Tongjinbyo) under two cropping periods (Mono- and After-barley-cropping) were experimented. As a result, the dominant weed species (Monochoria vaginalis and Scirpus juncoides Roxb.) and the better emerging conditions (rather at the monocropping and cv. Punsanbyo) were identified. Also, the main components of yield decrease (25-55% of the weed-free check) of both cultivars as affected by weed competition were the number of spikelets, panicle and ripening rate in monocropping, and the ripening rate and grain weight in after-barley-cropping, respectively. Under the situation of combinated dominance with Monochoria v. and Scirpus j. among others, the duration of critical competition periods was enlarged.

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Effects of periodic air-exposure and nutrients on the competition of Ascophyllum nodosum and Fucus vesiculosus germlings

  • Park, Seo Kyoung;Choi, Han Gil;Nam, Ki Wan
    • Korean Journal of Environment and Ecology
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    • v.29 no.1
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    • pp.7-13
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    • 2015
  • To examine the relationship between competition and environmental factors, the germlings of Ascophyllum nodosum (L) Le Jolis and Fucus vesiculosus L. were cultured in monocultures and mixtures of the two species under two different exposure and nutrient levels. Both intra- and inter-specific competition were examined in comparison of the mortality and growth of germlings in monocultures and mixtures of the two species. The mortality of germlings increased with increasing density and emergence periods both in the monoculture and mixtures of the two species, and the mortality of Ascophyllum was significantly higher than that of Fucus both in submerged and emerged treatments. The growth of germlings of both species reduced with increasing density but F. vesiculosus always grew faster than Ascophyllum. The values of log output ratio were more than 0.1, indicating that Fucus 'won' in the competitive battles with Ascophyllum under two nutrient- and air-exposure levels. Log output ratio was greater in high than in low nutrients, indicating that the growth of Fucus is more enhanced than that of Ascophyllum in high nutrients. In the present study, the outcome of inter specific competition between germlings of Fucus vesiculosus and Ascophyllum nodosum was slightly altered by duration of emergence and nutrient concentration, but not to such an extent as to change the outcome.

Capital Structure Inertia and Product Market Competition (자본구조의 관성과 상품시장 경쟁간의 관계)

  • Choi, Chilsun;Son, Pando;Yi, Sangeun;Kim, Sanghyun
    • International Area Studies Review
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    • v.21 no.2
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    • pp.143-169
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    • 2017
  • This paper empirically examines how capital structure inertia varies across industries and there is different in industries, and whether this fact is explained by product market competition using non-financial firms listed in KOSP market over periods of 1981 to 2015. In empirical test, I find that firms with more competition environment tend to have inertia behavior in making decision of capital structure. This implies that it is explained by debt discipline effect and it is substitution for product market competitions. Also I find that manager tends to take action actively making decision of capital structure when product market competition is low. Also I show that they use debt to constraint the free cash flow. As a result, I conclude that Korean non-financial firms do not have more strong inertia behavior in capital structure rather than U.S. firms. Second, using OLS estimation, inertia effect disappears while there is strong inertia effect in relationship between inertia and product market competition. This result suggests that transaction cost is not key factor in explaining inertia behavior of capital structure.

Analysis of Cournot Model of Electricity Market with Demand Response (수요반응자원이 포함된 전력시장의 쿠르노 경쟁모형 해석)

  • Lee, Kwang-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.1
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    • pp.16-22
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    • 2017
  • In order to reduce costs of electricity energy at periods of peak demand, there has been an exponential interest in Demand Response (DR). This paper discusses the effect on the participants' behavior in response to DR. Under the assumption of perfect competition, the equilibrium point of the electricity market with DR is derived by modeling a DR curve, which is suitable for microeconomic analysis. Cournot model is used to analyze the electricity market of imperfect competition that includes strategic behavior of the generation companies. Strategic behavior with DR makes it harder to compute equilibrium point due to the non-differential function of payoff distribution. This paper presents a solution method for achieving the equilibrium point using the best response function of the strategic players. The effect of DR on the electricity market is illustrated using a test system.

Towards an Innovation Policy in the Post Catch-Up Era

  • Hwang, Hye-Ran;Choung, Jae-Yong
    • Asian Journal of Innovation and Policy
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    • v.2 no.1
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    • pp.1-19
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    • 2013
  • As the catch-up innovation system was exposed to a new competition environment in which second-tier catch-up countries reduced the gap with Korea and advanced Korean firms entered into the frontier product market, it is experiencing system delay in terms of organizational and policy change. Therefore, innovation policy needs to be reorganized from a dynamic perspective to analyze the problems in the transition period and enable the system to overcome organizational and institutional delays. This article investigates the characteristics of transition periods in terms of external environment changes and internal socio-economic pressures. Based on the analysis of environment changes and catch-up system characteristics, it suggests the framework for policy intervention, direction, and practical principles for post catch-up innovation policy. In particular, it suggests the network-based developmental state and policy implementation in order to overcome the limitation of centralized developmental state of catch-up periods.

Weed Population Dynamics under Climatic Change

  • Bir, Md. Shahidul Haque;Eom, Min Yong;Uddin, Md. Romij;Park, Tae Seon;Kang, Hang Won;Kim, Do Soon;Park, Kee Woong
    • Weed & Turfgrass Science
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    • v.3 no.3
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    • pp.174-182
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    • 2014
  • This paper provides some of the scientific background on how projected environmental conditions could affect weeds and weed management in crops. Elevated $CO_2$ levels may have positive effects on crop competitiveness with $C_4$ weeds, but these are generally outnumbered by $C_3$ species in weed populations. Moreover, higher temperatures and drought will favor $C_4$ over $C_3$ plants. The implementation of climate change adaptation technologies, such as drought-tolerant germplasm and water-saving irrigation regimes, will have consequences for crop-weed competition. Rainfed production systems are thought to be most vulnerable to the direct effects of climate change and are likely to face increased competition from $C_4$ and parasitic weeds. Biotic stress-tolerant crop cultivars to be developed for these systems should encompass weed competitiveness and parasitic-weed resistance. In irrigated systems, indirect effects will be more important and weed management strategies should be diversified to lessen dependency on herbicides and mechanical control, and be targeted to perennial rhizomatous ($C_3$) weeds. Water-saving production methods that replace a weed-suppressive floodwater layer by intermittent or continuous periods of aerobic conditions necessitate additional weed management strategies to address the inherent increases in weed competition. Thus, climatic conditions have a great effect on weed population dynamics all over the world.

Secondary Production of Monocorophium acherusicum (Amphipoda, Corophiidae) in a Seagrass Bed (Zostera marina)

  • Jeong Seung-Jin;Yu Ok-Hwan;Suh Hae-Lip
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.39 no.spc1
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    • pp.236-241
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    • 2006
  • We measured the secondary production of the amphipod Monocorophium acherusicum Costa in a seagrass bed (Zostera marina L.) in Gwangyang Bay, southern Korea. M. acherusicum biomass was positively correlated (P<0.05) with seagrass standing crop, suggesting that there were biological interactions between the two species. M. acherusicum displays two main breeding periods per year: spring (March to April) and fall (October to November). M. acherusicum biomass in the spring breeding periods was higher than in the fall. Annual secondary production of M. acherusicum was 3.54 g DW/$m^2$/yr with an annual P/B ratio of 3.48. Secondary production and the P/B ratio of M. acherusicum were lower than those observed for other amphipods inhabiting seagrass beds. These results suggest that biological interactions between M. acherusicum and seagrass, as well as dietary competition with other amphipods can potentially cause declines in secondary production and the P/B ratio.

Weed Occurrence and Competitive Characteristic under Different Cultivation types of Rice(Oyriza sativa L.) - 3. Difference in Weed Occurrence and Rice Growth Under the Competitive Periods (수도(水稻) 재배유형별(栽培類型別) 잡초발생(雜草發生) 양상(樣相)과 경합특성(競合特性) - 제(第) 3 보(報). 경합기간(競合其間)에 따른 잡초발생(雜草發生) 및 벼의 생육량(生育量) 차이(差異))

  • Im, I.B.;Guh, J.O.;Oh, Y.J.
    • Korean Journal of Weed Science
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    • v.13 no.2
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    • pp.114-121
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    • 1993
  • Differences in need occurrence and competition were investigated among five types of rice(Oryza sativa L.) cultivation. Dry weights of weeds in between transplanting and/or seeding and heading date showed in the decreasing order of dry direct-seeded, flood direct-seeded, machine transplanting with 10-day-old seedling, machine transplanting with 30-day-old seedling, and conventional hand transplanting. A similar trend was obtained with application of weedy followed by weed-free. Weed-free periods allowed to decrease by 20% dry weight of rice were 3 weeks after transplanting(WAT) in transplanting cultivations, 5 weeks after seeding(WAS) in wet direct-seeded rice, and 7-8 WAS in dry direct-seeded rice. On the other hand, weedy periods as determined by the same criterion were 9 WAT in conventional hand transplanting and machine transplanting with 30-day-old seedling, 7 WAT in machine transplanting with 10-day-old seedling, 8 WAS in dry direct-seeded rice, and 6 WAS in flood direct-seeded rice.

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