• Title/Summary/Keyword: decline index

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Dendrochronological Analysis of Abies koreana W. at Mt. Halla, Korea: Effects of Climate Change on the Growths (한라산 구상나무(Abies koreana W.)의 연륜연대학적 연구 - 기후변화에 따른 생장변동 분석 -)

  • Koo, Kyung-Ah;Park, Won-Kyu;Kong, Woo-Seok
    • The Korean Journal of Ecology
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    • v.24 no.5
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    • pp.281-288
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    • 2001
  • The relationships between the growths of Abies koreana W. and climatic factors were analyzed by the use of tree-ring analysis at the subalpine belt of Mt. Halla National Park. The four cores were extracted from each 21 trees at north-facing slope (1,900m a.s.1.). The site chronology was established on the periods from 1912 to 1999. The growth of A. koreana was very poor, in particular in the years of 1982, 1988 and 1996. Simple correlation was employed to analyze the relationship between the growth of A. koreana and climatic factors. The result of simple correlation indicates that the growth of A. koreana represent positive correlations both with the mean temperatures of April and previous November, and the precipitation of previous December and January. The presence of large number of frost-damaged scars in the individual trees of A. koreana implies that local freezing temperature conditions at Mt. Halla have occurred in 1964, 1965 and 1966. The correlations between the fir chronology SOI(Southern Oscillation Index) of previous January, February and November were significantly positive. The growth ratio of A. koreana demonstrates that this species is sensitive to seasonal variations. As the winter temperature rises, the growth ratio of A. koreana decreases, on the other hand, the increase of autumn temperature accelerates the growth ratio of A. koreana. The growth decline of A. koreana was observed from 51 cores out of the 54 cores, and the overall growth declines have initiated at 1978, 1982 and 1988. Distinct growth decline of A. koreana in the range of 70% is noticed at 34 cores out of the 51 cores. The decline of, A. koreana growth appears to be related to the winter temperature which has increased since mid-1970s.

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A Study of Influence about Life Insurance Asset Management to Interest Decline (금리하락이 생명보험회사 자산운용실태에 미치는 영향)

  • Jung, Hee-seog;Kim, Sun-Je
    • Journal of Service Research and Studies
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    • v.6 no.2
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    • pp.99-116
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    • 2016
  • The purpose of this paper is to see what the problem is and what the direction of the strategy of asset management after this study has analyzed asset management status of domestic life insurance companies according to interest rate trends, analyzing in time series management asset lists, asset distribution state, and securities list of life insurance companies during 2000~2014. It has carried correlation analysis and regression analysis between yield and bond interest KOSPI index. As the study result, life insurance companies have managed assets in stability than profitability. The correlation coefficient between interest rate and performance rates of total asset, management asset and securities is highly plus, correlation of management asset performance rate is higher than that of total asset performance rate, and the correlation of securities performance rate is higher than that of management asset performance rate. The correlation coefficient of KOSPI and performance rate shows minus. The suggestion is that the change of asset management is required as the interest decline rises up a reverse margin risk because of the asset management of stability.

The Impact of K-IFRS Adoption on Accounting Conservatism: Focus on Distribution Companies (한국채택국제회계기준(K-IFRS)의 도입이 보수주의에 미치는 영향: 유통기업들을 중심으로 (초기 일시적 적응 현상))

  • Noh, Gil-Kwan;Kim, Dong-Il
    • Journal of Distribution Science
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    • v.13 no.9
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    • pp.95-101
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    • 2015
  • Purpose - This study provides evidence of the impact of the mandatory adoption of Korean equivalents to International Financial Reporting Standards (K-IFRS) on accounting quality. K-IFRS uses fair value as a basis of measurement and is characterized by principle-based standards. These characteristics can lead to a decrease in conservatism. Therefore, this study aims to examine whether or not there is a change in the level of conservatism before and after the enforcement of K-IFRS (2007~2014). By comparing 2007 through 2008 and 2013 through 2014 (excluding 2009 to 2012), we test "the temporary adjustment phenomenon" and document an overall decline in the degree of conservatism after the adoption of K-IFRS. Research design, data, and methodology - Our sample is comprised of data of all listed Korea Composite Stock Price Index (KOSPI) manufacturing distribution companies in Korea from 2007 to 2014, which yields the pooled sample of 4,412 (panel A) and 1,915 (panel B) firm-year observations for hypotheses 1 and 2. In line with recent literature, we adopt the Givoly and Hayn (2000) model, which recomputes the non-operating accruals, excluding two components that are most likely to capture the effect of restructuring activities: special items and gains or losses from discontinued operations. In addition, we also use these variables: SIZE, LEV, INV_CYCLE, ROA, OWN, and FOR. Results - Our sample period spans 2007 to 2014. This offers evidence on the effect of the mandatory adoption of IFRS on conservatism. Our findings can be summarized as follows. First, in panel A, for mandatory K-IFRS adoption (2011), we do not find any significant evidence of conservatism. We can guess that the "temporary adjustment phenomenon" is the reason that we do not find significant evidence of conservatism. Second, we investigate panel B from 2009 to 2012. We document an overall decline in the degree of conservatism after the adoption of K-IFRS. We can assume that these results are due to "the temporary adjustment phenomenon." Conclusions - This study finds that conservatism significantly decreased after IFRS adoption. In particular, this study makes the initial effort to elucidate "the temporary adjustment phenomenon" to analyze the effect of K-IFRS on conservative accounting. We argue that K-IFRS are conceptually conservative but that inappropriate application of the conservatism principles is likely to prevent financial reporting from reaching the level of conservatism targeted by the IASB. Overall, this paper contributes to the literature on IFRS and can be useful to capital market supervisors who are monitoring the trends of the firms implementing K-IFRS. Additionally, our results inform stakeholders of the potentially negative effect of the greater flexibility permitted by IFRS and/or lack of appropriate enforcement on key dimensions of accounting quality. This has important implications for Korean regulators and standard setters as they review the cost and benefits of IFRS. Our study also sheds light on the importance of the institutional environment in achieving the targeted objectives for improving financial reporting quality.

Development of Short Form of the Korean Version- the Boston Naming Test (K-BNT-15) Based on Item Response Theory (문항반응이론을 적용한 한국판 보스톤 이름대기 검사 단축형(K-BNT-15) 개발)

  • Kim, HyangHee;Kim, Soo Ryon
    • The Journal of the Korea Contents Association
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    • v.13 no.12
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    • pp.321-327
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    • 2013
  • Impaired naming difficulty is common in normal elderly as well as in patients with neurological impairment. The 60-item Korean version-Boston Naming Test(K-BNT) is one of the most commonly used test for measuring confrontational naming ability. However, age-related cognitive decline may make the elderly difficult concentrating during the 60-item test, therefore, item reduction of the K-BNT would improve test validity and reliability. Thus, the purpose of this study was to develop a short form of the K-BNT based on Item Response Theory(IRT). Considering item-fit index, sex factor, and item difficulty through Rasch analysis, the 15-item K-BNT(i.e., K-BNT-15) was developed. Via administration of the K-BNT-15, we observed age-related decline in naming ability and significantly different performance between the normal elderly and patients with mild cognitive impairment. This study demonstrates the utility of IRT for developing a short-form language evaluation tool. The K-BNT-15 can be effective as a language screening tool to differentiate between normal aging and pathological diseases.

The Effect Analysis of Smart City Planning on Urban Dynamics Using System Dynamics Method - Focused on Anyang-city, Korea (시스템 다이내믹스를 이용한 스마트도시계획이 도시동태성에 미치는 영향 분석 - 안양시를 중심으로)

  • Yi, Mi Sook;Yeo, Kwan Hyun;Kim, Chang Hoon
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.38 no.1
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    • pp.57-67
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    • 2020
  • Recently, smart cities are attracting attention as a solution for a plethora of urban problems, including transportation, environment, safety, and energy. However, despite a substantial body of research dealt with the concept, trends, policy, and legal institutions of smart cities, few researchers have examined how the smart city services influence the cities from the dynamic perspective that considers the entire cycle of a city, including its growth, stagnation, and decline. Thus, it is vital to understand how the city changes with time from the view that a city is a system of sub-elements-population, industry, transportation, environment, housing, and land-closely interacting together. Within this context, this study explores how the urban dynamics of Anyang-city develop for the long term using the System Dynamics method and analyzes the effect of smart city project investment on the dynamics of Anyang-city. According to the result, Anyang-city is a "mature and stable" type, and its population is expected to decrease slowly by 2040. Specifically, the Anyang-city population will be reduced to 553,000 by 2030. It was analyzed that the number will decrease to 543,000 by 2040. It was also found that the investment in smart city projects in Anyang, based on the Plan for Anyang Smart City, would have the following effects: easing population decline, increasing number of businesses, improving urban safety index, and increasing average driving speed. The population will grow by 4,000 and the number of businesses will increase by 761 than before budget investment. The result of this paper is expected to contribute to identifying and predicting the effect of smart city policies from a long-term perspective.

The Anatomy of the Uneven Regional Development in the Republic of Korea: Lessons from Experiences of Wealth, Inequality and Regional Development in the United Kingdom and Italy (한국 지역불균등 발전의 해부: 영국과 이탈리아 부, 불균등, 지역발전 경험으로부터 교훈)

  • Jung, Sung-Hoon
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.2
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    • pp.330-342
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    • 2016
  • The aim of this article is to explore some issues on the uneven regional development in the Republic of Korea. Along with this, case studies on the United Kingdom and Italy are conducted in terms of their wealth, inequality and regional development. In the period of 1995~2003, the UK experienced the intensified uneven regional development and continuous increase of its index due in the main to the delayed revitalization of industrial decline regions, neo-liberalistic local labour market and industrial policies, and institutional instability of regional policies. In the case of Italy, it seemed to experience relatively stable regional convergence. However, this was caused by the continuous decline of major metropolitan areas such as large cities, Milan, Turin, Genoa, to name but a few. The Republic of Korea experienced 'economic growth with spatial and social disparities.' Since 2003 the uneven regional development has intensified. Towards regional convergence, new engines of regional development, the investment in the specialization of small and medium cities, and supportive policies for industrial restructuring regions are required.

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Estimation of Employment Creation Center considering Spatial Autocorrelation: A Case of Changwon City (공간자기상관을 고려한 고용창출중심지 추정: 창원시 사례를 중심으로)

  • JEONG, Ha-Yeong;LEE, Tai-Hun;HWANG, In-Sik
    • Journal of the Korean Association of Geographic Information Studies
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    • v.25 no.1
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    • pp.77-100
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    • 2022
  • In the era of low growth, many provincial cities are experiencing population decline and aging. Population decline phenomena such as reduction of productive manpower, reduction of finances, deterioration of quality of life, and collapse of the community base are occurring in a chain and are being pushed to the brink of extinction of the cities. This study aims to propose a methodology to objectively estimate the employment creation centers and setting the basic unit of industrial-centered zoning by applying spatial statistical techniques and GIS for the application of the compact city plan as an efficient spatial management policy in a city with a declining population. In details, based on reviewing previous studies on compact city, 'employment complex index(ECI)' were defined considering the number of workers, the number of settlers, and the area of development land, the employment creation center was estimated by applying the 'Local Moran's I' and 'Getis-Ord's Hot-Spot Analysis'. As a case study, changes in the four years of 2013, 2015, 2017, and 2019 were compared and analyzed for Changwon City. As a result, it was confirmed that the employment creation center is becoming compacted and polycentric, which is a significant result that reflects the actual situation well. This results provide the basic data for functional and institutional territorial governance for the regional revitalization platform, and provide meaningful information necessary for spatial policy decision-making, such as population reduction, regional gross domestic product, and public facility arrangement that can respond to energy savings, transportation plans, and medical and health plans.

Assessment of Persistent Organic and Heavy Metal Contamination in Busan Coast: Application of Sediment Quality Index (부산 연안해역의 잔류성 유기오염물질과 중금속 오염평가: 퇴적물 오염지수 적용)

  • Han, Gi Myung;Hong, Sang Hee;Shim, Won Joon;Ra, Kong Tae;Kim, Kyung Tae;Ha, Sung Yong;Jang, Mi;Kim, Gi Beum
    • Ocean and Polar Research
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    • v.38 no.3
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    • pp.171-184
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    • 2016
  • In order to assess the level of contamination and identify the priority contaminants in the Busan coast, intensive sediment sampling was conducted and persistent organic pollutants and heavy metals were analyzed. The Sediment Quality Index (SQI) was derived based on the contaminant data by comparing with Sediment Quality Guidelines (SQGs) established in Korea, Canada, and Australia/New Zealand. Toxic contaminants were found to be widely distributed across the coast. Among organic contaminants, PAHs showed the highest concentration, followed by butyltins, nonylphenols, PBDEs, DDTs, PCBs, HCHs and CHLs. Heavy metals were also abundantly detected with the highest concentration of Zn followed by Cu > Cr > Pb > Ni > As > Cd > Hg. Compared to organic contaminants, most heavy metals, except for Cu and Hg, were homogeneously distributed along the coast in a good relationship with total organic carbon of sediment particles. In general, the concentrations of organic compounds and heavy metals were highest at the inner part of harbor areas with a tendency to decline from inside areas to the outside, indicating the high loading of pollutants from harbors. A high exceedance for low-SQGs and high-SQGs was found for TBT, p'-DDT, p,p'-DDD, Cu and Zn. The SQI scores calculated from low-SQGs and high-SQGs were in the range of 18-100 and 54-100, respectively. The inner part of Busan Harbor, Dadaepo Harbor, and Gamcheon Harbor were observed as being regions of concern. Overall, TBT, Cu, and p,p'-DDT were the chemicals most frequently exceeding SQGs and influencing SQI scores.

Crop Water Stress Index (CWSI) Mapping for Evaluation of Abnormal Growth of Spring Chinese Cabbage Using Drone-based Thermal Infrared Image (봄배추 생육이상 평가를 위한 드론 열적외 영상 기반 작물 수분 스트레스 지수(CWSI) 분포도 작성)

  • Na, Sang-il;Ahn, Ho-yong;Park, Chan-won;Hong, Suk-young;So, Kyu-ho;Lee, Kyung-do
    • Korean Journal of Remote Sensing
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    • v.36 no.5_1
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    • pp.667-677
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    • 2020
  • Crop water stress can be detected based on soil moisture content, crop physiological characteristics and remote-sensing technology. The detection of crop water stress is an important issue for the accurate assessment of yield decline. The crop water stress index (CWSI) has been introduced based on the difference between leaf and air temperature. In this paper, drone-based thermal infrared image was used to map of crop water stress in water control plot (WCP) and water deficit plot (WDP) over spring chinese cabbage fields. The spatial distribution map of CWSI was in strong agreement with the abnormal growth response factors (plant height, plant diameter, and measured value by chlorophyll meter). From these results, CWSI can be used as a good method for evaluation of crop abnormal growth monitoring.

Changes in Potential Distribution of Pinus rigida Caused by Climate Changes in Korea (기후변화에 따른 리기다소나무림의 잠재 생육적지 분포 변화 예측)

  • Kim, Yong-Kyung;Lee, Woo-Kyun;Kim, Young-Hwan;Oh, Suhyun;Heo, Jun-Hyeok
    • Journal of Korean Society of Forest Science
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    • v.101 no.3
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    • pp.509-516
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    • 2012
  • In this research, it was intended to examine the vulnerability of Pinus rigida to climate changes, a major planting species in Korea. For this purpose, the distribution of Pinus rigida and its changes caused by climate changes were estimated based on the 'A1B' climate change scenario suggested by IPCC. Current distribution of Pinus rigida was analyzed by using the $4^{th}$Forest Type Map and its potential distribution in the recent year (2000), the near future (2050) and the further future (2100) were estimated by analyzing the optimized ranges of three climate indices - warmth index(WI), minimum temperature index of the coldest month (MTCI) and precipitation effectiveness index(PEI). The results showed that the estimated potential distribution of Pinus rigida declines to 56% in the near future(2050) and 15% in the further future (2100). This significant decline was found in most provinces in Korea. However, in Kangwon province where the average elevation is higher than other provinces, the area of potential distribution of Pinus rigida increases in the near future and the further future. Also the result indicated that the potential distribution of Pinus rigida migrates to higher elevation. The potential distributions estimated in this research have relatively high accuracy with consideration of classification accuracy (44.75%) and prediction probability (62.56%).