• Journal of Korean Society of Industrial and Systems Engineering
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• v.32 no.2
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• pp.158-170
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• 2009

This paper considers how the optimal export level is influenced by export risk, the degree of risk-averseness for exporting firms, and those firms' cost structure. In addition, export insurance is incorporated into some simple theoretical model to analyze the optimal export level. This paper applies genetic algorithm simulation to show that the exporting firms'risk-averseness do not affect the optimal export decision while export risk and cost function characteristic have relatively more significant effects on the optimal export level. Finally, our findings suggest that the most influential factor for the optimal export levels seems to be the monopoly power of exporting firms.

• International Area Studies Review
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• v.13 no.3
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• pp.93-119
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• 2009

The purpose of this paper is to analyze the world rice market through structure and conduct frameworks utilizing annual data from 1970 to 2007. The world rice market has been unstable for much of the period post-World War II, with prices volatile and the availability of supplies uncertain. Therefore, analysis of the structure and conduct of the world rice market can provide information to better formulate the direction of future policies. Also, this paper will describe the effects of total production, export rice price, market concentration, and real exchange rate for exporting countries on total export rice volume. On basis of the expected results, the international rice market possesses market power with respects to static calculation and hypothesis test, and it will be demonstrated that exporting countries' currency crucially affects the exporting quantity and market power of those same exporting countries.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.27
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• pp.165-181
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• 2005

The health industry of China is faster than before, so it will be rank 5th at world-wide markets in 2010. Firstly, the custom tariff was lower at 15% in 2000 and at 10.4% on June 2005. And, it will be lower into 9.8% in 2010. Secondly, this is because of expansion of purchase power on increase in economic growth, extended human life expectancy. As it is entered the WTO in January 2002, it will positively affect on export of Korea for China. This paper focuses on the analysis of export increase caused by reduction of custom tariff in China. As above mentioned, the time schedule on average reduction of custom tariff was 15% in 2000, 10.4% in 2005. Then, it will be lower into 9.8% in 2010. As the empirical test related health industry, it presents 19.80% export increase rate for China of Korea on reduction of custom tariff from 2001 to 2010. The exporting of drug for China will be up to 17.85% for 10 years. Also, the exporting of Biomedical will be up to 20.99%, and respectively 22.95%, 22.60% in Cosmetics and food industry. Conclusionally, the exporting of this health industry will be increase greatly, compared with any other industries. So, it is necessary that firms increase in R&D investment and government support as policy for health industry.

• Fire Science and Engineering
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• v.25 no.5
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• pp.54-61
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• 2011

The study is to analysis of fire protection regulations for the nuclear power plants (NPP) in the United States, Japan, the UAE (United Arab Emirates), and Korea with the intention of exporting NPP to the UAE. Fire protection regulations for NPP for these countries permit the fire protection design and facilities in accordance with the evaluation of the potential fire hazards. However, in Korea, the NPP is a part of power generation facilities in Korea fire protection law, and the atomic energy act classifies them as the reactor and related nuclear facilities. The fire protection law and atomic energy act are different to the criteria for the fire protection of NPP. To maintain the leading position as a nuclear exporting country, the performance-based fire hazard analysis should be reasonably incorporated in the design of the fire protection system. It was suggested that the integrated requirements of the fire protection for NPP should be incorporated to the construction article for the fire protection facilities specified in paragraph 2 of Act II, being classified into the special objects to be protected against fire, which requires a performance-based design in order to incorporate the specific requirements for NPP.

• Proceedings of the KIEE Conference
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• 2007.11b
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• pp.72-74
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• 2007

This paper presents a Windows graphic developed by the authors for the education and training of power system. Object-oriented programming is a major trend in computer software because it increases flexibility of large-scale software systems. An efficient platform for power system simulation applications has been proposed. This paper presents an intuitive Windows-based program for the power system analysis. The advantages of the object-oriented approach are demonstrated with an implementation of the graphical program. It provides a graphical interface for designing the one-line diagram of the bus and analyzing the output of the simulations. A graphical editor to visually edit the power system, diagram, results processing and exporting and graphic presentations.

• Nuclear Engineering and Technology
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• v.52 no.11
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• pp.2660-2666
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• 2020

Korea successfully achieved energy independence in the shortest period of time from being the poorest country in terms of energy 50 years ago through steady development of nuclear technology. In the past, the nuclear industry has been driven through government-centered policy development, public institution-based research, and industrial facility and infrastructure construction. Consequently, South Korea became a nuclear energy powerhouse exporting nuclear power plants to the UAE, surpassing the level of domestic technological independence. However, in recent years, the nuclear industry in Korea has experienced a decline in new plant construction since the Fukushima accident in Japan, which caused changes in public perspectives regarding nuclear power plant operation, more stringent safety standards on the operation of nuclear power plants, and a shift in governmental energy policy. These changes are expected to change the domestic nuclear industry ecosystem. Therefore, in this study, we investigate the priority of technology development investment from the perspective of experts in private nuclear power companies, shifting the focus from government-led nuclear R&D policies. To establish a direction in nuclear technology development, a survey was conducted by applying an analytic hierarchy analysis to experts who have worked in nuclear power plants for more than 15 years. The analysis items of focus were the 3 attributes of strategic importance, urgency, and business feasibility of four major fields related to nuclear energy: nuclear safety, decommissioning, radioactive waste management, and strengthening industrial competitiveness.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.50 no.7
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• pp.318-323
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• 2001

This paper proposes an efficient method of On-Line Economic Load Dispatch(ELD) using Evolutionary Programming(EP) technique at KwangYang steel works. The economic operation of steel works is done by experienced engineer. So far, there is no formulation and algorithm of economic operation of steel works. In this paper, we propose the formulation and On-Line algorithm of economic operation of steel works. The EP technique is the kind of Evolutionary Computation(EC), which has become a candidate for many optimization applications due to its flexibility and efficiency. Based on the EP technique, the proposed algorithm is capable of not only solving the economic problem, but also obtaining the global optimal solutions within reasonable execution time. To validate our proposed approach, the algorithm is demonstrated on many sample systems and compared to actual values of steel works.

• 한국신재생에너지학회:학술대회논문집
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• 2009.06a
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• pp.475-475
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• 2009

Recent alarming acceleration of global warming has made power generations using renewable energy to be in the middle of the spotlight. Korean government has also announced that it will make the related industry to be nation's one of main export items with high investments to low carbon green growth industry. To achieve this goal of exporting the renewable energy power generation system beyond domestic use, internationally acceptable rules should be applied and the three step processes of design, performance assessment and certification should follow international standards. Corresponding this international requests, IEC(International Electrotechnical Commission) is conducting the establishment of rules in TC88 for technical requirements of wind turbines. Design life-time of a wind turbine is required to be at least 20 years. In the meantime, the wind turbine will experience a lot of load cases such as extreme loads and fatigue loads which will include several typhoons per year and extreme gusts with 50 years recurrence period as well as endless turbulence flow. Therefore, IEC 61400-1 specifies design load cases to be considered in the wind turbine design and requires the wind turbine to withstand the load cases in various operational situations. It thus appears that the examination of contents and decisions discussed in the international standard committee will help people in the field of offshore wind energy and ocean energy converters.

• Journal of Korea Trade
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• v.23 no.6
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• pp.131-144
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• 2019

Purpose - The purpose of this study was to investigate market power of soybeans exported by the United States to Korea. Particularly, this paper considered dichotomous characteristics of genetically modified (GM) soybeans and non-GM soybeans and conducted empirical analysis of these two segregated soybean markets to understand key tenets of market power in international soybean trade. Design/methodology - The difference in market power between GM and non-GM soybeans was analyzed using Residual Demand Elasticity (RDE) and Residual Supply Elasticity (RSE) models over the period of 2008~2018. RDE and RSE models under an imperfect competition condition were used to estimate market margins and determine whether GM and non-GM exporters or importers exercised market power in the destination market. Findings - Empirical results suggested that the U.S. had a market power on both GM and non-GM soybean exports. GM exports had greater market power than non-GM exports (14% vs. 9%). By contrast, Korea showed an inability to grab market margin or exert market power in soybean imports. Both export supply by the U.S. and import demand by Korea were found to be more responsive to price changes of GM soybeans than to prices changes of non-GM soybeans. This might be due to a self-interested, profit-seeking strategy by the exporter and many concerned consumers regarding potential adverse effects of GMOs in the importing country. Originality/value - This paper fills the literature gap by exploiting market power in both GM and non-GM markets with explicit consideration of price correlations between GM and non-GM soybeans in Korea. A number of existing studies have provided evidence for market power broadly embedded in international commodity trade. However, studies focusing on Korean markets are limited. No study has explored the country's soybean trade. Furthermore, the majority of prior studies have almost exclusively focused on the market power from a standpoint of exporting countries without discussing importers' market structure. This paper also sought to understand potentially distinguished patterns of market power between GM and non-GM markets.

• Journal of Korea Technology Innovation Society
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• v.1 no.2
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• pp.192-207
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• 1998

This paper focuses on the relationship between innovation and export performance of technology-based firms in Korea. This study analyses the relationship between innovative activity and firm's performances using a sample of 760 technology-based firms in Korea. As for the firm's performance indicators, export is employed. The empirical results support that innovation has a positive effect on firm's export performance. However, for small and medium firms, the relationship between innovative activity and export performance is an U-shape quadratic form, which shows that small firms takes a minimum innovative expenditure in order to access the abroad market. Also, with product differentiation, innovative firms tends to devot more to domestic market than to abroad market. Therefore, it can be concluded that innovative activity builds market power and accelerates export performance. And product differentiation through advertising expenditure make innovative firms less exporting.