• Journal of Navigation and Port Research
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• v.41 no.1
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• pp.25-32
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• 2017

The purpose of this investigation is to analyze the synchronization between the representative global freight index, the Baltic Dry bulk Index (BDI) and the China Container Freight Index (CCFI) with monthly data from 2000 to 2016. Using the non-stationarity of the business cycle that is able to include common trends, we employ the Engle-Granger 2 stage co-integration test and found no synchronization. On the contrary, we additionally estimated the causality between the markets and revealed the causality, which implies that the Chinese economy has a significant effect on the global market. The results of this empirical analysis demonstrate that the CCFI of China is appropriate for analyzing the shipping industry. In practice, this means that it is more appropriate to include CCFI in the global market outlook than use it as a substitute for the global freight rate index, the BDI. This is a case study of the synchronization of the economic fluctuations of the shipping industry. It suggests that the economic fluctuations of China need to be considered in the unstable global market forecast. In particular, this case applies to the fluctuations in the shipping industry synchronism and provides important results in scientific terms.

• The Journal of Fisheries Business Administration
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• v.49 no.1
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• pp.67-89
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• 2018

In fisheries, as well as in other natural resource-based industries, there is difference between profit and rent. The former is a basic indicator for gauging the business performance of firms, while the latter is for the evaluation of the contribution of resources and industry to economic welfare. Put simply, resource economists are mainly concerned about rent, including pure resource rent and producer surplus (intra-marginal rent [IMR]). In other hand, business economists are mainly concerned about the profitability of the firms comprising the industry. In the academic literature, there are not always clear definitions of the profit and rent concepts and their use in actual analyses. This article will mainly discuss and clarify differences and similarities in profit and rent concepts. In the classical fisheries economic model with one-dimensional homogenous effort and a constant cost per unit of effort, no rent exists in open-access equilibrium. A simple change in this model, for example by introducing heterogeneous effort, opens it to the existence of rent, specifically IMR, at open-access equilibrium. We estimated resource rent and profit from the data using SNA(system of national accounts) and accounting data methods. RR(resource rent) is composed of value-added, compensation of employees, consumption of fixed capital and normal profit in SNA. RR(resource rent) is composed of EBT, Depreciation of fishing rights, financial costs of fishing rights and calculated interests on equity in accounting data methods. We found that the result of two methods is equal. RR is composed of excess profit, rent and interest expenses. In Korea, the magnitude of RR and profit is not different significantly.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.2
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• pp.551-564
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• 2020

The fashion industry in Korea has grown into a core sector that contributes to the development of national industries, but it has shown negative growth due to the advent of a low-growth era. This study aims to explore core texts related to variable factors affecting the apparel industry in Korea (and the environmental change factors of apparel companies) by using network analysis from a diachronic point of view. In addition, we discuss the implications of enhancing the value of fashion industries in Korea based on articles in fashion newspapers over five years. The conclusion of this study is as follows. First, as a suggestion for political and economic aspects, the government should minimize the damage caused by political influence by presenting new policies, or by communicating about the practical aspects of geopolitical issues and changes linked to the fashion industry. Second, as a suggestion of socio-cultural aspects, it is necessary to reduce uncertainty about the future by establishing a strategic system through cooperation with institutions that can predict future directions. Third, as a suggestion for management changes in the apparel industry, apparel companies in Korea should recognize the importance of consciousness of promoting development for a better society from coexistence, rather than corporate profit.

• Economic and Environmental Geology
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• v.41 no.5
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• pp.485-496
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• 2008

The purpose of this study is to suggest potential target countries for the package deal projects of coal resources development and power industry by analyzing data on global coal demand and supply and electrical infrastructures. Indexes such as coal deposits, types of coal deposits, electrical coal consumptions per capita, and gross domestic products per capita of the countries need to be evaluated for determining the potential target countries for the package deal projects. Based on the evaluation of the indexes of countries, the potential target countries for the package deal project are underdeveloping Asia or Africa countries such as Bangladesh, Mongolia, and Nigeria.

• Journal of the Economic Geographical Society of Korea
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• v.26 no.3
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• pp.190-201
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• 2023

This study conducted an in-depth case study of bio-health companies in the Chungcheong region to examine the factors influencing the relocation of new industry cluster firms in non-metropolitan areas. Focusing on the experiences and perceptions of key stakeholders within the cluster, which have been relatively overlooked in previous research, this narrative research explored the factors that lead entrepreneurs who initially founded their businesses in non-metropolitan areas to relocate to metropolitan areas as well as the decision-making process involved. Through interviews with 61 key stakeholders within the Chungcheong cluster, it was observed that entrepreneurs receive various benefits from local stakeholders during the initial stages of entrepreneurship. However, as the company enters a phase of significant growth, matters such as securing specialized talent and market accessibility lead them to contemplate relocating to metropolitan areas. Based on case studies of companies that both remained and relocated in the Chungcheong region, this study examines structural drawbacks within non-metropolitan clusters and provides policy implications.

• Journal of the Korean association of regional geographers
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• v.12 no.1
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• pp.108-123
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• 2006

This study attempts to analysis the roles of national laboratories in the context of regional innovation systems and the contribution to local economic development in the case of Taedok Science Park in Korea. It also tries comparative studies between Taedok Science Park and some European experiences. Recently the role of national laboratories as key innovation agents for regional development strategies is emphasized in European countries. In the similar context, national laboratories have explicit missions to assist in the formations of new firms and to support existing small and medium-sized enterprises in their localities. It is found that these functions are largely present and become more important in Taedok, but that the linkages between national laboratories and local firms are still weaker than some European countries. This study concludes that national laboratories in Korea should reinforce the industry-research linkages with local economic activities in the region to stimulate cooperation activities.

• Journal of Information Management
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• v.25 no.1
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• pp.63-79
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• 1994

Analysis systems and databases covering economics and industrial areas in Japan have long history, but due to considerable depth in specialty those have been used only by limited, certain patrons. It means that there are still few of practical system services at full scale. This paper describes the representative system services. Taking an example of interest prediction the author explains now to utilize systems and some points to be reminded. He also describes how to confirm newspaper information, how to predict economics, how to use various kinds of models based on economic prediction, and industrial analysis. Researches and studies are very often proceeded on economic prediction, and industrial analysis. Researches and studies are very often proceeded through interaction among researchers. So that we should make efforts continuously such as to rountinely get familiar with systems, to exchange information among users, to utilize helpdesks every time we need.

• Journal of the Korea Convergence Society
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• v.7 no.4
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• pp.191-198
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• 2016

As the electricity produced from the electricity industry, a national key industry in Korea, are supplied to other industries as an intermediate goods, the supply shortage of electricity industry has a large impact on the national economy. This paper attempts to analyze the supply shortage effects which are defined as the negative impact of one won of supply failure in the electricity on the production of other industries. To this end, an input-output analysis using an input-output (I-O) table describing inter-industry flow of intermediate goods is applied. More concretely, the supply-driven model is applied subject to the OECD countries. The value of the supply effects interfere with Denmark's best large 1.682 was followed by South Korea, Japan, Australia, the UK.

• Environmental and Resource Economics Review
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• v.24 no.1
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• pp.55-84
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• 2015

Korea is one of the few OECD countries having no binding Greenhouse gas (GHG) emissions reduction obligations under the Kyoto Protocol. Korea is going to enforce a powerful greenhouse gas emissions control to the industry from 2015. Current GHG reduction policies do not take into account the trade-off between economic growth and GHG mitigation, this approach will not be sustainable. Sectoral approach, considering industry by industry may be more eco-friend approach. This study verified the validity of the analysis results counted from whole procedure of energy input-output analysis and decomposition analysis to sector 'Organic basic chemical products' and 'Cement and concrete products'. Empirical test was performed using changes in energy consumption, production, process improvements and new facilities. Although the results showed unstable fluctuations from Divisia index decomposition analysis, it was verified that the entire procedure can provide a clue in understanding of the industry's energy and GHG footprint.

• Journal of Veterinary Science
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• v.25 no.1
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• pp.4.1-4.14
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• 2024

Background: Lawsonia intracellularis is the causative agent of proliferative enteropathy and is associated with several outbreaks, causing substantial economic loss to the porcine industry. Objectives: In this study, we focused on demonstrating the protective effect in the mouse model through the immunological bases of two vaccine strains against porcine proliferative enteritis. Methods: We used live-attenuated Salmonella Typhimurium (ST) secreting two selected immunogenic LI antigens (Lawsonia autotransporter A epitopes and flagellin [FliC]-peptidoglycan-associated lipoprotein-FliC) as the vaccine carrier. The constructs were cloned into a Salmonella expression vector (pJHL65) and transformed into the ST strain (JOL912). The expression of immunogenic proteins within Salmonella was evaluated via immunoblotting. Results: Immunizing BALB/c mice orally and subcutaneously induced high levels of LI-specific systemic immunoglobulin G and mucosal secretory immunoglobulin A. In immunized mice, there was significant upregulation of interferon-γ and interleukin-4 cytokine mRNA and an increase in the subpopulations of cluster of differentiation (CD) 4⁺ and CD 8⁺ T lymphocytes upon splenocytes re-stimulation with LI antigens. We observed significant protection in C57BL/6 mice against challenge with 10^6.9 times the median tissue culture infectious dose of LI or 2 × 10⁹ colony-forming units of the virulent ST strain. Immunizing mice with either individual vaccine strains or co-mixture inhibited bacterial proliferation, with a marked reduction in the percentage of mice shedding Lawsonia in their feces. Conclusions: Salmonella-mediated LI gene delivery induces robust humoral and cellular immune reactions, leading to significant protection against LI and salmonellosis.