• Title/Summary/Keyword: data industry

Search Result 11,808, Processing Time 0.035 seconds

Research on Spatial Dependence and Influencing Factors of Korean Intra-Industry Trade of Agricultural Products: From South Korea's Agricultural Trade Data

  • Lv, Hong-Qu;Huang, Chen-Yang
    • Journal of Korea Trade
    • /
    • v.25 no.3
    • /
    • pp.116-133
    • /
    • 2021
  • Purpose - Intra-industry trade of agricultural products can eliminate the disadvantage of Korea's traditional agriculture and improve its lack of comparative advantage. The main purpose of this paper is to measure the level and index of intra-industry trade of Korean agricultural products and to explore the spatial dependence and spillover effect associated with this type of trade. The main factors influencing intra-agricultural trade are analyzed from two perspectives: the population and the classification of agricultural products. Design/methodology - First, the level of intra-industry trade of Korean agricultural products is measured. Second, to obtain a more accurate estimate of the influence of various factors, and based on two types of weight matrices, a spatial econometric model is constructed from two aspects: population and classification of agricultural products. The status and the factors influencing intra-industry trade are also studied. Findings - It is concluded that there is a positive spatial correlation between Korea's intra-industry trade in agricultural products and that of its trading partners. The spatial spillover effect of this type of trade is verified by using the spatial autoregressive model (SAR). Labor-intensive agricultural products are found to have a positive spillover effect on intra-industry trade, while land-intensive products do not have a significant effect. Originality/value - In this paper, the two types of agricultural products are meticulously distinguished, and the spatial effect of the intra-industry trade of agricultural products as well as the influence of various factors are analyzed. In addition, the accuracy of the estimation of the coefficients of the factors by using the spatial econometric model is higher than that of the ordinary panel data model.

An Empirical Study on Mutual Influence between Economic Index and Distribution Industry in Korean (한국 유통산업이 한국 경제에 미치는 상호영향력에 관한 실증적 연구)

  • YIM, Byung-Jin
    • The Journal of Industrial Distribution & Business
    • /
    • v.10 no.9
    • /
    • pp.53-60
    • /
    • 2019
  • Purpose - The objective of this paper is to discover if there exists a relationship between the economic index and distribution industry index in Korean. Because of the distribution industry boom in the recent years, a lot of interest in the relationship between the economic index and distribution industry index in Korean and the economy has been generated. This article examine on the mutual influence between economic index and distribution industry index in Korean. Research design, data, and methodology - For this purpose, we use the vector-auto regression model, impulse response function and variance decomposition of the economic index and distribution industry index, Granger causality test using weekly data on the economic index and distribution industry price index in korea. The sample period is covering from January 2, 2010 to August 31, 2019. The VAR model can also be linked to cointegration analysis. Cointegration Analysis makes possible to find a mechanism causing x and y to move around a long-run equilibrium (Engle and Granger, 1987). This equilibrium means that external shocks may separate the series temporarily at any particular time, but there will be an overall tendency towards some type of long-run equilibrium. If variables are found to have this tendency they are said to be cointegrated and a long-run relationship between these series is established. These econometric tools have been applied widely into economics and business areas to analyze intertemporal linkages between different time series. Results - This research showed following main results. First, from the basic statistic analysis of the economic index and distribution industry index in Korean, the economic index and the distribution industry index in korea have unit roots. Second, there is at least one cointegration between the economic index and distribution industry index in Korean. Finally, the correlation between of the economic index and the distribution industry index in korea is (+) 0.528876. Conclusions - We find that the distribution industry price index Granger cause the economic index in korea. As a consequence, the distribution industry index affect the economic index in Korean. The distribution industry index to the economic index is stronger than that from the economic index to the distribution industry index.

A Study on Improvement Suggestions of the National GIS Industries (국가GIS산업의 활성화 방안에 관한 연구)

  • O, Jong-U
    • 한국디지털정책학회:학술대회논문집
    • /
    • 2005.06a
    • /
    • pp.349-385
    • /
    • 2005
  • The purpose of this paper is to analyze the activation methods of GIS industries through GIS industry current issue analysis in Korea to provide as following. First of an in order to analyse current GIS industries, there are three divisions as follows: existing GIS industry, new technology GIS industry, and commercial GIS industry. The existing GIS industry includes survey industry, municipality UIS and remote sensing. The new technology GIS industry has telematics industry, LiDAR industry, ubiquitous industry, LBS industry, internet, and u-city industry. The commercial GIS industry consists of civilian request GIS industry and spacial data distribution industry. The national geographic information industry contains problems and directions of the 1st, 2nd NGIS and 3rd NGIS plan direction policy. These classified GIS industries present various problems of policies and invaluable results for the future GIS industry activation directions as follows: Presence of the GIS contents technologies win be the most important core for the GIS industry activation related to IT839 policy of the government in Korea.

  • PDF

A study on time based performance evaluation of the steel industry using data mining (데이터마이닝을 이용한 철강기업의 시간당 수익성 탐색 및 예측)

  • 유성찬;안영효;진광우;박명섭
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2003.11a
    • /
    • pp.197-200
    • /
    • 2003
  • A performance measure is the critical work of business processes. Especially it is necessary to explore and forecast the profits per hour through this activity. However there have been rarely studied on specific fields, like the steel industry. Therfore this study analyzes and evaluates the time based performance of the steel industry using data mining.

  • PDF

Analyses of Business Values from E-Commerce Adoption in SMEs : Public and Private Organizations in Tourism Industry

  • Cho, Nam-Jae;Joun, Hyo-Jae;Oh, Seung-Hee
    • Journal of Information Technology Applications and Management
    • /
    • v.15 no.3
    • /
    • pp.27-41
    • /
    • 2008
  • This paper examines the relationship between IT investment and the improvement of efficiency from the perspective of organizational contingency by the type of organizations and their maturity in IT use in terms of their history of e-commerce use. Organizations are divided into private and public in nature, and into experienced and inexperienced in e-commerce. An analysis was performed on data from 286 organizations in tourism industry. Comparison among the four groups showed differences in competitive and operational efficiency.

  • PDF

A Study on Development of a Tourism Course in Seosan using Social using Media Big Data

  • Ha, Yeon-Joo;Park, Jong-Hyun;Yoo, Kyoungmi;Moon, Seok-Jae;Ryu, Gihwan
    • International journal of advanced smart convergence
    • /
    • v.10 no.4
    • /
    • pp.134-140
    • /
    • 2021
  • Big data has recently been used in various industries such as tourism, medical care, distribution, and marketing. And it is evolving to the stage of collecting real-time information or analyzing correlations and predicting the future. In the tourism industry, big data can be used to identify the size and shape of the tourism market, and by building and utilizing a large-capacity database, it is possible to establish an efficient marketing strategy and provide customized tourism services for tourists. This paper has begun with anticipation of the effects that would occur when big data is actively used in the tourism field. Because the method of use must have applicability and practicality, the spatial scope will be limited to Seosan, Chungcheongnam-do, and research will be conducted. In this paper, to improve the quality of tourism courses by collecting and analyzing the number of mention data and sentiment index data on social media, which reflect the tourist's interest, preference and satisfaction. Therefore, it is used as basic data necessary for the development of new local tourism courses in the future. In addition, the development of tourism courses will be able to promote tourism growth and also revitalizing the local economy.

A study on the efficient extraction method of SNS data related to crime risk factor (범죄발생 위험요소와 연관된 SNS 데이터의 효율적 추출 방법에 관한 연구)

  • Lee, Jong-Hoon;Song, Ki-Sung;Kang, Jin-A;Hwang, Jung-Rae
    • Journal of the Korea Society of Computer and Information
    • /
    • v.20 no.1
    • /
    • pp.255-263
    • /
    • 2015
  • In this paper, we suggest a plan to take advantage of the SNS data to proactively identify the information on crime risk factor and to prevent crime. Recently, SNS(Social Network Service) data have been used to build a proactive prevention system in a variety of fields. However, when users are collecting SNS data with simple keyword, the result is contain a large amount of unrelated data. It may possibly accuracy decreases and lead to confusion in the data analysis. So we present a method that can be efficiently extracted by improving the search accuracy through text mining analysis of SNS data.

A Study on Big Data-Driven Business in the Financial Industry: Focus on the Organization and Process of Using Big Data in Banking Industry (금융산업의 빅데이터 경영 사례에 관한 연구: 은행의 빅데이터 활용 조직 및 프로세스를 중심으로)

  • Gyu-Bae Kim;Yong Cheol Kim;Moon Seop Kim
    • Asia-Pacific Journal of Business
    • /
    • v.15 no.1
    • /
    • pp.131-143
    • /
    • 2024
  • Purpose - The purpose of this study was to analyze cases of big data-driven business in the financial industry, focusing on organizational structure and business processes using big data in banking industry. Design/methodology/approach - This study used a case study approach. To this end, cases of two banks implementing big data-driven business were collected and analyzed. Findings - There are two things in common between the two cases. One is that the central tasks for big data-driven business are performed by a centralized organization. The other is that the role distribution and work collaboration between the headquarters and business departments are well established. On the other hand, there are two differences between the two banks. One marketing campaign is led by the headquarters and the other marketing campaign is led by the business departments. The two banks differ in how they carry out marketing campaigns and how they carry out big data-related tasks. Research implications or Originality - When banks plan and implement big data-driven business, the common aspects of the two banks analyzed through this case study can be fully referenced when creating an organization and process. In addition, it will be necessary to create an organizational structure and work process that best fit the special situation considering the company's environment or capabilities.

A Study on Asymmetrical Cost Behavior of Distribution Industry: Evidence from Korea

  • CHA, Sang-Kwon;CHOI, Yun-Yee
    • Journal of Distribution Science
    • /
    • v.18 no.11
    • /
    • pp.5-13
    • /
    • 2020
  • Purpose: This research investigates the cost behavior of the distribution industry. Specifically, we investigate if the ratio of the increase in costs with an increase in sales is consistent with the ratio of the decrease in costs when sales decrease. Traditionally, cost is assumed to be symmetrical. In the case of the distribution industry, it was expected that the downward rigidity of the cost would be shown because it would be very difficult to decide to adjust resources when sales temporarily decrease. Therefore, studies have looked at Korean capital markets based on manufacturing and steel industries. However, no research has been done on the distribution industry. Research design, data, and methodology: To verify the hypothesis of this study, the asymmetry of cost was measured by Anderson et al. (2003). The sample used 28,695 firm-year data from 2002 to 2019 for the KOSPI and KOSDAQ stock markets. Results: The empirical analysis results are as follows. First, asymmetry of cost was observed in the case of the distribution industry. We confirm cost rigidity when sales decreased. Conclusions. This is the first study to look at cost behavior in the distribution industry, and the downward rigidity of cost in the distribution industry is observed.

Green Growth and Sustainability: The Role of Tourism, Travel and Hospitality Service Industry in Korea

  • Lee, Jung Wan;Kwag, Michael
    • Journal of Distribution Science
    • /
    • v.11 no.7
    • /
    • pp.15-22
    • /
    • 2013
  • Purpose - The study investigates the influence of tourism and hospitality industry on economic growth and CO2 emissions. Research design, data, and methodology - In the empirical analysis, unit root tests, cointegration test and vector error correction model regression using time series data of South Korea from the first quarter of 1970 to the third quarter of 2010 are performed to examine the long-run equilibrium relationship and short-run dynamics among the tourism and hospitality industry, CO2 emissions, economic growth and other industry sectors. Results - Results indicate that a long-run equilibrium relationship exists among these variables. Furthermore, the tourism and hospitality industry and CO2 emissions have high significant positive effect on economic growth. The tourism and hospitality industry in Korea, in turns, shows a high significant positive impact on economic growth while the industry sector incursa high significant negative impact on CO2 emissions. Conclusions - The tourism and hospitality industry in Korea may havebeen prompted by several factors such as accelerated process of technological innovation or energy and environmental policies. These findings suggest that the effectively managed tourism and hospitality sector in Korea has resulted in both economic growth and a reduction in CO2 emissions.