• Title/Summary/Keyword: market integration

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Spatial Price Competition in the Korean Retail Gasoline Market

  • Kim, Donghun;Lee, Jiyon
    • Environmental and Resource Economics Review
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    • v.23 no.4
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    • pp.553-581
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    • 2014
  • This paper analyzes competition among service stations in the Korean gasoline market. We consider spatial differentiation as a source of product differentiation as well as the characteristics of the stations and vertical contracts between refiners and retailers as factors causing changes in equilibrium prices in the Korean gasoline retail market. The effect of the government's price disclosure policy on the retail market competition is also analyzed. Moran's I test indicates that the prices of neighboring gas stations are spatially correlated in the market. It is also found that gasoline prices for vertically integrated stations are much lower than those for independent stations. In addition, unbranded stations charge lower prices than branded stations but also induce branded stations to price more competitively. Meanwhile, the government's price disclosure policy did intensify price competition in the retail gasoline market. It is inferred that the price disclosure policy contributed to retailers gaining more bargain power in price negotiation with refiners, causing an eventual increase in retail prices.

Temporary Work-intagration Social Eenterprise and Fiscal Consolidation in Germany - Focus on the Fall of the Community Gie${\ss}$en - (독일의 '경과적 일자리 중심 노동통합형 사회적기업'과 공공부문의 재정건실화 - 기이센(Landkreis Gie${\ss}$en)의 사례를 중심으로 -)

  • Park, Su-Sie
    • Korean Journal of Social Welfare
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    • v.62 no.2
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    • pp.187-208
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    • 2010
  • This Article attempts to analyse the enlarger phenomenon of 'temporary work-integration social enterprise' in 80's and 90's years in Germany. For this analysis were considered concepts and development of the 'secondary labour market' with respect of the 'temporary work-integration social enterprise'. At the same time were observed the background of the settlement of the 'secondary labour market' as local infrastructure for job creation in 80's and 90's years. Next was analyzed the contribution of the 'temporary work-integration social enterprise' on the fiscal consolidation through the method of cost-benefit analysis in fall of the community Gie${\ss}$en. Finally was limits and potential of the 'temporary work-integration social enterprise' analyzed, which as strategy for the fiscal consolidation was expanded in 80's and 90's years.

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Vertical Integration and Production System Analysis of Korean Popular Music Industry in Creative Economy Era 2000-2013 (창조경제시대의 한국대중음악산업 수직계열화와 생산시스템 분석 2000-2013)

  • Kim, Ki-Deog;Choe, Sok-Ho
    • The Journal of the Korea Contents Association
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    • v.14 no.6
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    • pp.44-53
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    • 2014
  • This study seeks to analyze vertical integration structure of Korean popular music market focused on corporation concentration and production system by applying production of culture perspective of Peterson, Subject of analysis is Melon weekly music chart(2000-2013), which is No.1 digital music distributor. The result showed vertical integration structure of Korean popular music industry was different from America. Vertical integration of American major was based on open system to be responsible for promotion and distribution by M&A of independent label but entrusted them-with total production to cope-with uncertainty of music market. On the other hand, Korean system was in charge of pure distribution only as digital service provider and it showed modified vertical structure because traditional value chain was destroyed by changing digital music environment. Especially found seriousness of oligopoly by distribution company of conglomerate affiliation. and this is harm against building healthy industry ecosystem in creative economy era and it needs improvement through study of advanced case, open system.

Effect of Wage Peak System on Labor Market Integration of Senior Workers base on Age Integration Paradigm (연령통합적 관점에 기초한 임금피크제의 고령근로자 노동시장 통합 효과)

  • Choi, Hyeji;Jeon, Haesang;You, Yonglim;Chung, Soondool
    • 한국사회정책
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    • v.23 no.2
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    • pp.25-48
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    • 2016
  • This study stemmed from the notion that effects of wage peak system were investigated exclusively on management efficiency from the perspective of workplace. As a way to overcome the limitation of previous studies, This study examined the effects of wage peak system on age integration of senior workers. Quantitative analyses with data from workplace panel survey were executed. Results revealed that percent of workers aged 50 and over was significantly higher in work places that implemented wag peak system than that of those did not. Also Average year of employment for full time workers was higher in work places that implemented wag peak system than that of those did not, suggesting that wage peak system was related to labor market integration of aged workers in some ways.

The Influence of Business Environment Factors on the Characteristics of Management Accounting System(MAS) - Focusing on small and mid-sized enterprises (기업의 경영환경요인이 관리회계시스템에 미치는 영향에 관한 연구: 중소기업을 대상으로)

  • Lee, JeongEun;Lee, ChanHo
    • Journal of Korea Society of Industrial Information Systems
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    • v.27 no.3
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    • pp.127-144
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    • 2022
  • This study attempted to analyze the influence of both internal and external business environment factors on the characteristics of the management accounting system (MAS). For this, external business environment factors were divided into environmental uncertainty and market competition while internal factors were classified into management strategy, organizational structure and advanced manufacturing technology. In addition, the characteristics of the MAS were categorized into information scope, timeliness, integration and aggregation. The study results found the followings: Among business environment factors, environmental uncertainty had a relatively significant effect on the scope, integration and aggregation of information while organizational structure revealed the largest influence on timeliness. However, market competition had no particular effect on the characteristics of the MAS.

The Influence of Whiteness on Social and Professional Integration: The Case of Highly Skilled Europeans in Japan

  • Miladinovic, Adrijana
    • Journal of Contemporary Eastern Asia
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    • v.19 no.2
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    • pp.84-103
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    • 2020
  • Spurred by the ongoing globalization, an increase in mobility has diversified migrant categories and strengthened intercultural rapport. Alongside the "traditional" migrants, "White" (Caucasian) individuals are coming into greater focus of migration studies as "lifestyle migrants". Although White migrations are not a new phenomenon, the deep-seated idea of White supremacy continues to play an important role in contemporary intercultural communication, awarding Whites across communities a "cosmopolitan" status of highly educated cultural elites. As such, the focus of this research is on highly skilled White European migrants, on their subjective experiences of integration in Japan, and whether they perceive Whiteness as an obstacle or an advantage in this process, if integration is desired at all. To discern the connection between race and integration, this research investigates the non-White majority society of Japan as it has established racial hierarchies according to the Western models, consequently influencing the status of its contemporary White immigrants. Privileged, yet singled out as racial and cultural role models, White Europeans' integration seemingly becomes nearly impossible. The data obtained in fifteen semi-structured interviews confirms that Whiteness grants advantages when entering the Japanese job market, but remains an obstacle in everyday community integration. European professionals do not feel accepted and abandon efforts to integrate, if such were made, retreating into "cosmopolitan islets" wherein they renegotiate their White European identities.

A Study of Energy Security Cooperation and its Integration Potential in South America through Brazilian Leadership (남미지역 에너지안보 협력과 통합 가능성 연구 : 브라질의 리더십 역할 고찰)

  • Ha, Sang-Sub
    • Journal of International Area Studies (JIAS)
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    • v.15 no.1
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    • pp.83-108
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    • 2011
  • South America has vast energy resources with the renewable and non-renewable sources. However, many countries in the region are unable to guarantee adequate energy security both of energy supply and demand. Currently the possibility of energy security is high through regional energy integration based on the potential economic benefits. The difference of regulation system with the individual countries in the region impose strong barriers to integration process. Security of energy supply and its demand as well is fundamental issues in this region and regional energy cooperation is essential for getting rid of the insecurity of energy supplies. Despite of this problem, currently Latin American countries made a great effort to make multilateral energy security regime through projecting great energy infrastructure network(e.g. IIRSA) or mechanism especially in South America, which can give countries access to the region's reserve supplies by providing regulations and pricing mechanism with a shared energy market in this region. Brazil's active leading in the formulation of such movement toward energy security integration and participation of energy infrastructure network is good initiative to enforce this great energy security change. Politically and economically, Brazil's geographical position and the level of market size and oil and natural gas resources, in addition the leadership in renewable energy sources make it a sound candidate to take over the coordination of the secure integration of region's energy market. However, on the conditions of existing many obstacles such as, control of the output of the region's power plant, energy flows, the environmental matter within local community must be overcome to make more advance process and steps. Finally, to secure more institutional approach, this region must settle regional disputes resolution regime urgently.

Suggestion of OSMU Content New Business Market through Development of Integrated Platforms for Software-oriented Tailored Costume Production (소프트웨어 중심의 주문 형 의상제작 융합플랫폼 개발을 통한 OSMU콘텐츠 뉴비즈니스 시장 창출 제안)

  • Jung, Minsoo
    • Journal of Korea Multimedia Society
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    • v.21 no.8
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    • pp.1021-1026
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    • 2018
  • 3D SCAN enables easy human body measurement via a digital method in the process of film costume production which used to be done manually. Software-oriented computer graphic, which integrates 3D SCAN data in the process of manual film costume production, can induce quick and diverse design outcomes. While, 3D PRINT, which integrates computer graphic data in the process of manual film costume production, can automate the process of special costume production using a digital method. Integration of 3D Scan + Computer Graphic + 3D Print using integrated platforms for tailored costume production as developed in this study allows significant reduction of costume production period and costs. It also allows efficient integration of costume production outcomes in various industries related with OSMU contents in particular. In other words, using it, we can create a new business market that integrates multiple areas of film content, drama content and game content.

Long Term Mean Reversion of Stock Prices Based on Fractional Integration

  • Jun, Duk-Bin;Kim, Yong-Jin;Park, Dae-Keun
    • Management Science and Financial Engineering
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    • v.17 no.2
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    • pp.85-97
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    • 2011
  • In this study we examine the long term behavior of stock returns. The analysis reveals that negative autocorrelations of the returns exist for a super-long horizon as long as 10 years. This pattern, however, contrasts to predictions of previous stock price models which include random walks. We suggest the introduction of a fractionally integrated process into a nonstationary component of stock prices, and demonstrate empirically the existence of the process in NYSE stock returns. The predicted values of autocorrelation from our stock price model confirm the super-long term behavior of the returns observed in regression, indicating that inefficiency in the stock market could remain for a long time.

Civil legal relations in the context of adaptation of civil legislation to the legislation of the EU countries in the digital age

  • Kizlova, Olena;Safonchyk, Oksana;Hlyniana, Kateryna;Mazurenko, Svetlana
    • International Journal of Computer Science & Network Security
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    • v.21 no.12spc
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    • pp.521-525
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    • 2021
  • An essential area is the creation of a single digital market between the EU and Ukraine through information technology. Purpose: to investigate and analyze civil law relations in the field of adaptation of Ukrainian civil law to civil law regulations of the EU. The object of research: Ukrainian civil law and civil law of the EU. The subject of the study is civil law in the context of adaptation of civil law to the legislation of the EU. The following methods of scientific cognition were used during the research: semantic, historical, comparison, analysis and synthesis, generalization. The results of the study show that the harmonization of the legal system of Ukraine with EU law is caused by several goals: successful integration of Ukraine into the EU, legal reforms based on the positive example of EU countries, promoting access of Ukrainian enterprises to the EU market; attracting foreign investment, increasing the welfare of Ukrainian citizens. The adaptation includes three stages, the final of which is the preparation of an expanded program of harmonization of Ukrainian legislation with EU legislation. In the process of adaptation, it is important to take into account the legal history, tradition, features and mentality of Ukraine and before borrowing legal structures to analyze the feasibility of their application in the Ukrainian legal field.