• International Area Studies Review
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• v.13 no.2
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• pp.66-88
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• 2009

This paper studies optimal discretionary monetary policy in the presence of uncertainty in the housing sector. In particular, we allow two possible regimes regarding the evolution of housing price inflation and the effects of housing price inflation on the aggregate demand. Estimation results with the US data confirm the presence of two distinctive regimes, one 'normal' and the other more akin to the housing price 'bubble' state. The optimal policy is 'asymmetric' in that the optimal responses in the 'normal' regime require the central bank to lean against the wind to inflationary pressure from CPI and housing inflation, while the central bank is recommended to accommodate it in the other regime.

• Journal of Service Research and Studies
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• v.8 no.3
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• pp.1-23
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• 2018

This study suggests a way through Hong Kong as an alternative strategy for Korean companies to enter Chinese service market which is rapidly expanding due to China's recent policy switch toward service economy. Service market is generally more regulated, labor-intensive, and domestic demand-oriented than goods market, which makes opening of domestic markets to foreigners slow. In case of China, market control and regulations by the State is tighter than other economies. Therefore, it is important to find ways to avoid regulations from the Chinese government if possible. In this sense, this study investigates the China-Hong Kong CEPA and draws its strategic value for entering Chinese service market by comparing it with the Korea-China FTA service sector. In addition, utilizing the difference in tax agreements between Korea-China and China-Hong Kong, and the human network of Hong Kong entrepreneurs in China may play an important role in reducing the risk that might arise in China.

• Asian-Australasian Journal of Animal Sciences
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• v.32 no.8_spc
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• pp.1266-1274
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• 2019

This paper presents a review of dairy goat production in sub-Saharan Africa (SSA) from 2010- 2017, its current state, constraints and prospects for research and development. Since the introduction of dairy goats in SSA in pre-colonial times, their populations have continued to increase due to declining land size as a result of land fragmentation and increasing demand for goat milk. The current goat population in SSA is 372,716,040 head of which only 15.98% used for milk production. Populations in the Eastern and Western regions of SSA have shown an increasing trend from 2010 to 2017. The Southern Africa goat population is on the decline at an annual rate of about 1.77% whereas Central Africa has had a constant goat population within the same period. Eastern Africa reported the highest increase in the population of goats used for milk production. Milk production was highest in Eastern Africa and lowest in Southern Africa. However, dairy goat productivity remained constant in the Eastern region throughout the review period. Dairy goats are mainly raised under smallholder mixed crop-livestock systems. To enhance the development of the dairy goat, concerted efforts should be made to alleviate the constraints that stifle its growth. These constraints can be categorized into nutrition and feeding, breeding and reproduction, diseases, parasites, climate change, and underdeveloped dairy goat products market. Effective management of dairy goats requires a holistic approach and there is the need to expand the markets by further sensitization on the nutritional and medicinal advantages of dairy goat products. In order to achieve rapid development in the dairy goat sub sector, research and development initiatives should be directed towards alleviating the hurdles in nutrition and feeding, breeding, animal health and resilience as well as dairy goat markets.

• Journal of Technology Innovation
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• v.27 no.1
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• pp.79-100
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• 2019

Despite the importance of manufacturing to the national economy, the sharp decline in the share of employment is a common problem faced by developed countries, including Korea. In particular, science and technology jobs are important in terms of policy because they are directly related to the quality of employment and industrial competitiveness, but previous research on this is insignificant. This study analyzed the effects of new product development, new process development, open innovation, and government R&D support on science and technology job creation after subdividing manufacturing industry by technology regime. As a result of the analysis, it was confirmed that the development of new products contributed to the expansion of science and technology jobs, but the development of new processes decreased science and technology jobs. In addition, open innovation has the effect of reducing science and technology jobs due to outsourcing of research and development functions, and government R&D support contributes to creating science and technology jobs in traditional industries with low demand for technological innovation.

• Journal of the Korean Society of Marine Environment & Safety
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• v.25 no.1
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• pp.122-129
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• 2019

Due to its nature the manufacturing industry faces a cyclical economy, and therefore there is an urgent need for a companion industry to cope with this cyclic pattern in the long run. The sector suitable for meeting this demand is the repair and shipbuilding industry. In order to operate a shipbuilding repair business, a floating dock is indispensable, and most obsolete floating docks were imported from overseas and operated through repair/maintenance. However, there is no precise guideline for floating dock safety, and most models have been in use for at least 30 years without being required to enter classification at the time of operation. In this study, structural strength analysis was carried out using measured thickness information of aged floating docks, and the residual structural strength of floating docks in operation was analyzed. The main results derived from this study can be referred to as guidelines for the review of the structural safety of similar equipment, and it is expected that an optimal solution will be found within a short time using this method for repair/maintenance.

• Journal of Animal Science and Technology
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• v.63 no.4
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• pp.693-724
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• 2021

The in-vitro meat is a novel concept in food biotechnology comprising field of tissue engineering and cellular agriculture. It involves production of edible biomass by in-vitro culture of stem cells harvested from the muscle of live animals by self-organizing or scaffolding methodology. It is considered as efficient, environmental friendly, better ensuring public safety and nutritional security, as well as ethical way of producing meat. Source of stem cells, media ingredients, supply of large size bioreactors, skilled manpower, sanitary requirements, production of products with similar sensory and textural attributes as of conventional meat, consumer acceptance, and proper set up of regulatory framework are challenges faced in commercialization and consumer acceptance of in-vitro meat. To realize any perceivable change in various socio-economic and environmental spheres, the technology should be commercialized and should be cost-effective as conventional meat and widely accepted among consumers. The new challenges of increasing demand of meat with the increasing population could be fulfill by the establishment of in-vitro meat production at large scale and its popularization. The adoption of in-vitro meat production at an industrial scale will lead to self-sufficiency in the developed world.

• KIPS Transactions on Software and Data Engineering
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• v.9 no.12
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• pp.419-430
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• 2020

This paper investigated methods to improve the forecasting accuracy of the electricity consumption prediction model. Currently, the demand for electricity has continuously been rising more than ever. Since the industrial sector uses more electricity than any other sectors, the importance of a more precise forecasting model for manufacturing sites has been highlighted to lower the excess energy production. We propose a double encoder-decoder model, which uses two separate encoders and one decoder, in order to adapt both long-term and short-term data for better forecasts. We evaluated our proposed model on our electricity power consumption dataset, which was collected in a manufacturing site of Sehong from January 1st, 2019 to June 30th, 2019 with 1 minute time interval. From the experiment, the double encoder-decoder model marked about 10% reduction in mean absolute error percentage compared to a conventional encoder-decoder model. This result indicates that the proposed model forecasts electricity consumption more accurately on manufacturing sites compared to an encoder-decoder model.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.22 no.6
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• pp.179-187
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• 2021

Army guns, swords, and explosives are substances that remain in danger and are expected to suffer significant damage in the event of an accident. Therefore, considerable attention is needed to handle them. Safety management of army guns, swords, and explosives can be classified into manufacturing, storage, and transportation, among which transportation is essential for performance tests and contract delivery. In 2020, the number of army guns, swords, and explosives transport increased by 30% compared to 2014, which can be seen as an increase in the demand for the transportation of army guns, swords, and explosives by defense companies due to defense improvement projects. Meanwhile, social interest in explosives safety management and social demands for strengthening safety management are increasing due to the explosions of explosive plants. Therefore, it is necessary to look at the status of safety management. This study examined the safety management for the transportation of army guns, swords, and explosives in the united states and domestic private sector. This paper presents improvements to safely and efficiently transport army guns, swords, and explosives.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.24 no.6
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• pp.67-87
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• 2021

Provisioning service, which is one of the ecosystem service functions, means goods and services such as food and fuel that people get from ecosystem. Provisioning functions are closely related to the primary industry, a sector of economy. Excessive demand and use of human society can cause trade-offs among regulation, cultural, and supporting services. Therefore, it is important to perform evaluation ecosystem services periodically and to monitor the time series fluctuations to identify the impact of provisioning services on other ecosystem services (trade-off) and to maintain sustainable provisioning service. When it comes to the precise assessment of provisioning service, it is necessary to get the statistical data and standardize indicators and methods. In this study, indicators and methods, which are applicable to the spatial level of national-local-protected areas, were derived through literature analysis and expert survey. The result of this study implies that provisioning services measurement by spatial level improve the efficiency of the establishment of environmental conservation plans by whose purpose.

• 한국노년학
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• v.41 no.3
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• pp.353-371
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• 2021

The purpose of this study is to provide clues to social welfare policy making by revealing discourse on social intervention and response based on big data on elderly living alone in the COVID-19 situation. Keyword analysis, network analysis, and topic analysis were utilized to explore the ways in which news media have portrayed challenges facing older individuals and the ways in which the central and local government as well as private organization have responded to them. Results are as follows. First, networks(degree, closeness, betweenness) were formed around region, delivery, society, support, and vulnerability, suggesting an increased demand for economic assistance and social support as well as stronger service delivery systems. Second, key topics derived included "establishing public delivery systems", "establishing local networks", "Managing care gap", "Establishing a private economic support system", and "Establishing service organization system". Based on the research results, discourse on the organic role of government, communities and the private sector has been presented, suggesting policy and practical implications by proposing a discussion on how to intervene for elderly living alone in disaster situations such as COVID-19.