• 산업경영시스템학회지
• /
• 제37권1호
• /
• pp.115-119
• /
• 2014

When the number of items of same type of industrial property is quite large, calculating depreciation for a group of such item may be more efficient than depreciating each item separately. Also, predicting the service life of a specific individual unit is very difficult to do with any degree of accuracy. Estimating the probable average service life (PASL) of many units (or dollars) is not an easy task; however, an average life of many units can probably be predicted with a much higher degree of accuracy than the life of some particular unit. Using the average of many units allows for some units having relatively short lives and some units having relatively long lives without specifying whether a particular unit will have a short or a long life. If the life of each vintage in an account are not estimated, then the broad group procedure can be used. The broad group procedure depreciates the several vintage in an account as a single group. The PASL for this procedure is the estimate of the average of lives of the individual dollars in the group. If the estimated PASL's of the vintages are not the same, then a weighted average PASL would have to be calculated for each calendar year. In this paper, we illustrate the calculations of accrual rates and the annual depreciation charge for each of the calendar years by the broad group depreciation procedure.

• 산업경영시스템학회지
• /
• 제36권1호
• /
• pp.53-57
• /
• 2013

Several different depreciation systems may be used for group depreciation. The vintage group procedure treats the same type of property placed in service during the same year as a distinct group for depreciation purposes; therefore an estimate of the probable average service life and net salvage ratio(s) of each individual vintage is necessary. The vintage group procedure calculates an accrual rate for each vintage and the accrual rate for an account for specific calendar year is the weighted average vintage accrual rate for that calendar year. A further refinement would be to divide each vintage into groups such that all of the dollars in a group have the same estimated life-an equal life group (ELG). Then each ELG is depreciated over its estimated life. The effect is to recover each dollar over the estimated number of years it is in service. Each vintage is divided into several equal life groups (ELGs) such that all the property in a specific ELG has the same estimated life. The accrual rate for each ELG is based on the estimated life of that ELG. The vintage accrual rate for a specific year is the weighted average ELG accrual rate for that calendar year. In this paper, we illustrate the calculations of vintage accrual rates for each of the calendar years by the ELG depreciation systems.

• 한국컴퓨터정보학회논문지
• /
• 제18권12호
• /
• pp.179-188
• /
• 2013

본 연구에서는 정부의 복식주의 발생주의 회계에 있어서 정부자산의 회계처리 상 감가상각을 통해 비용화할 것인지에 대한 감가상각제도의 전반적인 특징과 문제점을 살펴보고 효과적이고 효율적인 자산과 비용 처리를 위한 감가상각제도의 개선 방안을 모색하고자 한다. 정부회계에서는 2011년부터 정부자산을 인식하고 정부자산회계가 적용되어 완전한 발생주의회계로 전환되어 감가상각제도가 시행되고 있다. 따라서 발생주의 정부회계 하에서 행정비용의 절감과 자산 및 자원을 효과적으로 활용하기 위한 감가상각제도의 간편화가 이루어진다면 정부의 재무정보를 보다 효과적으로 활용하여 정부회계의 성과평가 및 정보 제공에 유용하게 활용될 수 있을 것이다.

• 지역연구
• /
• 제32권1호
• /
• pp.27-49
• /
• 2016

본 연구에서는 2006~2012년 동안 대구경북지역 926개의 제조업체 패널자료를 사용하여 실질환율절하 충격이 기업의 총요소생산성, 고용 등에 미치는 영향을 분석하였다. 연간 실질실효환율 하락(원화가치 하락)은 대구경북지역 수출 기업들의 부가가치 및 노동생산성, 총요소생산성을 높이는 결과를 가져왔고, 특히 기업의 수출의존도가 높을수록 이런 긍정적인 효과가 더 크게 나타났다. 그러나 실질실효 환율 하락이 지속될수록 생산성 증가 효과가 사라졌다. 이는 실질실효환율 하락이 지역내 수출기업들의 시장에서 가격경쟁력 확보를 담보하여 단기적으로는 생산성 증가에 긍정적인 영향을 미치지만, 실질실효 환율 하락이 지속될 경우 오히려 기업의 효율적인 자원배분 및 핵심역량 개발 노력에 부정적인 영향을 미쳐 생산성 증가가 지속되지 않았음을 내포하고 있다. 대구경북지역 기업들은 가격 경쟁력 확보에만 초점하여 해외시장에 진출, 조업하기보다 국내 및 국외시장에서 실질적인 경쟁력을 키우는 전략을 수립하고 핵심기술을 배양해야 한다. 또한 지방자치단체 및 정책 당국은 환율 변화와 같은 명목 정책변수에만 주목하기 보다는 지역기업들의 실질적인 경쟁력 제고를 위한 기술 혁신 및 R&D 투자 촉진 등 구체적인 투자 및 금융 지원방안을 마련해야 한다.

• The Journal of Asian Finance, Economics and Business
• /
• 제5권1호
• /
• pp.5-9
• /
• 2018

Many developing countries have attempted to depreciate their currencies in order to make their products cheaper, stimulate exports, shift aggregate demand to the right, and increase aggregate output. However, currency depreciation tends to increase import prices, raise domestic inflation, reduce capital inflows, and shift aggregate supply to the left. The net impact is unclear. The paper incorporates the monetary policy function in the model, which is determined by the inflation gap, the output gap, the real effective exchange rate, and the world real interest rate. Applying an extended IS-MP-AS model (Romer, 2000), the paper finds that real depreciation raised real GDP during 1997.Q1-2005.Q3 whereas real appreciation increased real GDP during 2005.Q4-2017.Q2. In addition, a higher government debt-to-GDP ratio, a lower U.S. real federal funds rate, a higher real stock price, a lower real oil price or a lower expected inflation rate would help increase real GDP. Hence, real depreciation or real appreciation may increase or reduce aggregate output, depending upon the level of economic development. Although expansionary fiscal policy is effective in stimulating the economy, caution needs to be exercised as there may be a debt threshold beyond which a further increase in the debt-to-GDO ratio would hurt economic growth.

• 한국정보통신학회:학술대회논문집
• /
• 한국해양정보통신학회 2002년도 춘계종합학술대회
• /
• pp.411-414
• /
• 2002

통신산업에서의 감가상각비는 기업이 국가에 납부해야 한 법인세와 통신요금의 산정뿐만 아니라 통신사업자의 수익성 판단과 국민 후생적인 측면에도 영향을 미치므로 그만큼 중요한 문제이다. 따라서 본고에서는 이미 많은 나라에서 다양하게 개발한 고정망 LRIC 모형과 영국 이동망 LRIC 모형을 살펴보고 이를 토대로 통신망에서 적용 가능한 여러 가지 감가상각 방안을 제시해 보고자 한다. 또한 시뮬레이션을 통해 각 방안별로 감가상각비를 비교해 봄으로써 국내 통신망 원가산정방법 및 정책 결정시 유용한 정보를 제공할 수 있을 것이다.

• 산업경영시스템학회지
• /
• 제19권39호
• /
• pp.229-234
• /
• 1996

When we analyze equipment replacement problem, we take the table of the duration period of tangible fixed asset on the corporation income tax law, and treat depreciation as simple allocation process for capital recovery. In this problem, there are some papers considering the concepts of economic depreciation. Those are not perfect model from a economical point of view. Therefore, we deal with equipment replacement problem considering the engineering valuation as well as the economic concept in the evaluation of asset.

• 산업경영시스템학회지
• /
• 제39권4호
• /
• pp.15-25
• /
• 2016

SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권12호
• /
• pp.95-107
• /
• 2020

The study investigates the asymmetric effect of exchange rate changes on stock prices in Vietnam. We use the nonlinear autoregressive-distributed lag (ARDL) analysis for monthly data from 2001:01 to 2018:05, based on VN-Index stock price collected from Ho Chi Minh Stock Exchange (HOSE); the nominal exchange rate is separated into currency depreciation and appreciation through a partial sum decomposition process. Asymmetry is estimated both in the long-run relationship and the short-run error correction mechanism. The research results show that the effect of exchange rate changes on stock prices is asymmetrical, both in the short run and in long run. Accordingly, the stock prices react to different levels to depreciation and appreciation. However, the currency appreciation affects a stronger transmission of stock prices when compared to the long-run currency depreciation. In the absence of asymmetry, the exchange rate only has a short-run impact on stock prices. This implies a symmetrical assumption that underestimates the impact of exchange rate changes on stock prices in Vietnam. This study points to an important implication for regulators in Vietnam. They should consider the relationship between exchange rate changes and stock prices in both the long run and the short run to manage the stock and foreign exchange market.

• 산업경영시스템학회지
• /
• 제30권4호
• /
• pp.170-181
• /
• 2007

The purpose of computing economic depreciation value is to find valuation of assets closely in line with market prices. The valuation of industrial assets are called Engineering Valuation. The two representative techniques for such valuation are Hulten-Wykoff Method, which estimates real value using regression equations, and T-factor Method devised at Iowa State University. The two are all empirical methods for computing service life (duration period). In this paper, we derived the service life by empirical methods using national wealth statistics, and also by more conventional methods such as original group method and retirement method. The results from each method are compared with one another. We also computed economic service life from these results. In S. Korea where amount of asset value statistics is still insufficient, the most effective method for empirically computing economic service life turns out to be the one using national wealth statistics. In addition, we also present economic relationship between depreciation value computed by using Hulten-Wykoff Method and depreciation value computed by using T-factor Method.