• Title/Summary/Keyword: price regulation

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Volatility of Urban Housing Market and Real Estate Policy after the IMF crisis (도시 주택시장의 변동성과 부동산 정책의 한계 : IMF 위기 이후 서울을 중심으로)

  • Choi, Byung-Doo
    • Journal of the Korean association of regional geographers
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    • v.15 no.1
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    • pp.138-160
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    • 2009
  • The urban housing market in Korea, especially in Seoul and the Capital region, has been revitalized with massive urban (re)developments and expanding real estate finance after the IMF crisis. This brought about a boom of housing price during the mid-2000s, which has been virtually stabilized by strong regulation policies of the previous government. But with impacts of the recent international financial crisis together with some inherent problems, the housing market of Korea faces with a worry of collapse in relation with the financial market volatility and the serious depression of real economy, and hence the current government attempts to implement strong deregulation policies on the housing market. In this paper it is argued that this kind of volatility of urban housing market seems to be caused by strategies of capital which involve continuous massive urban (re)development, residential segregation and appropriation of monopoly rent(or capital gain), and fictitious capitalization of real estates and integration of real estate market and financial market. In these reasons, the current tendency of urban housing price shows a slow downward, which seems to give the current neoliberal government a rationale for deregulation policies to prevent the downward tendency. But this paper suggests that such a slow downward of housing price shift would have positive effects on the housing market in particular and social and economic situations in general, and hence an alternative housing policy is required to realize such positive effects.

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A Study of Operation of Sungkyunkwan(成均館) Dining Room and Estimation of Food Cost (조선시대 성균관 유생 식당의 급식운영 고찰 및 급식비용의 추정)

  • Han, Bok-Jin;Cha, Jin-A
    • Journal of the Korean Society of Food Culture
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    • v.18 no.5
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    • pp.457-465
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    • 2003
  • The purpose of this study was to review the operation systems and estimate the food cost of the dining room(進士食堂) in Sungkyunkwan, the highest national education institute of confucianism in the Chosun dynasty. ${\ulcorner}$the true records of the Chosun dynasty(朝鮮王朝實錄)$\lrcorner$, $\ulcorner$Taehak-Ji(太學志)$\lrcorner$ and $\ulcorner$Banjungjabyoung(泮中雜詠)$\lrcorner$were reviewed. Because the foodservices for the students were related to the Wonjeom(圓點) regulation, the qualification for the national examination(大科), Chosun dynasty government took the much considerations for the operation of the foodservice. Especially, YangHyunGo(養賢庫) was established to support the finances for Sungkyunkwan and took an important role to procure all the supplies including food. The budget of the foodservice was on a large scale. Over 960 suks(石) of rices were needed for the 200 students, and it can be converted as 276,480,000 won for the current price and the food cost per meal can be estimated about $4,000{\sim}5,000$ won.

Forecasting Methodology of 3G Mobile Services with Consideration of Policy Issues

  • Kim, Jin-Ki
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.190-194
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    • 2007
  • In most countries, mobile subscribers are already experiencing 3G-like services. At the moment of launching 3G services, lots of studies showed estimates of the number of subscribers for 3G services, using long-term demand curves, econometric methods or survey methodologies. Those studies mainly focused on the potential number of subscribers and the point of rapid growth rather than precise estimates for the services. Even though we've already experienced parts of 3G services, full length of 3G services are expecting in near future. Therefore, now we need to have more accurate estimates for 3G services. While we thought that 3G services were moved from 2G, in real place 3G services are being evolved from 2G services. In the process of evolving, regulators' policy affects service demand and diffusion significantly. For the more accurate estimates, we need to consider policy issues which influence service diffusion practically in real place. This study aims to present a model which shows better estimates for 3G services with consideration on policy issues, such as numbering issues, price regulation, and competition policy. The consideration can provide more accurate estimates for 3G services with service providers. The methodology could help academicians In forecasting of similar telecommunications services as well.

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Development and Performance Evaluation for 1.6MW Gas Engine (1.6MW급 가스엔진의 개발 및 엔진성능평가)

  • Noh, Ki-Chol;Seol, Dong-Il;Hu, Kyoung-Me;Kim, Se-Hun
    • Journal of Advanced Marine Engineering and Technology
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    • v.36 no.2
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    • pp.230-237
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    • 2012
  • Engine makers are lately interested in the gas engine development as the alternative for diesel engine in order to cope the rise of oil price and the environmental regulation. So, STX has developed the 1.6MW gas engine which was converted from 22HLX diesel engine. The gas engine developed with precombustion chamber, which has good performance of 21bar BMEP at engine speed 1000rpm and low $NO_X$ emission of 50ppm at 15% oxygen composition, has been developed recently. Especially, it has a good thermal efficiency of 45% and a reduction efficiency of green house gas($CO_2$) emission of 25% than a conventional diesel engine.

Exploring Determinants of Performance Indicator and Customer Satisfaction of Accommodation Sharing

  • CHO, Yooncheong
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.201-210
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    • 2020
  • The study aims to investigate determinants of performance indicator and perceptions of existing and potential customers in accommodation sharing. This study uses data of Airbnb in Busan and Jeju from January 1 to December 31 in 2018, provided by AirDNA. The total number of listed accommodation sharing were 5,109 accommodations in Busan and 11,502 accommodations in Jeju. More than 90 property types of registered accommodation are subcategorized and re-classified in this study. Study 1 examined current usage and effects of factors on performance indicator in tourism destinations by applying Airbnb data. Study 2 investigated effects of perceived factors on satisfaction, intention to use, loyalty, and tourism competitiveness by applying online survey data. This study applies statistical analyses such as factor and regression analyses, ANOVA, t-test, and MANOVA. Results of Study 1 showed that usage and effects of accommodation sharing differ from regulation that is related to sharing types. Effects also differ based on travel destinations. Results of Study 2 showed how customers perceive accommodation sharing differ from pure meaning of sharing. The results of Study 1 and 2 found significant effects of price and service factors on performance indicator and customer satisfaction. The findings of Study 2 showed significant effects on loyalty and tourism competitiveness.

Expansion of Universal Service into Broadband and Mobile Communications : The Case of Korea (통신서비스 보편화 이슈 분석 : 초고속인터넷과 이동전화를 중심으로)

  • Lee, Jongyong;Lee, Donghee
    • Journal of Information Technology Applications and Management
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    • v.22 no.1
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    • pp.61-76
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    • 2015
  • In general universal service in telecommunications means a regulatory tool to secure the availability of basic communication services like fixed telephony at an affordable price throughout a country. A re-evaluation of the scope of existing universal service, however, is becoming a core issue as the penetration and usage of broadband and mobile communications matures and a new ICT ecosystem emerges. This study examined whether the universal service polices in Korea need adapting and updating to include broadband and mobile telephony in the universal service, which is based on the necessary and sufficient conditions derived from previous research and foreign countries' experiences : geographical ubiquity of a certain service and the market's ability to provide the service. The result shows the nationwide ubiquity of broadband and mobile communications exists but the ultimate goal pursued by universal service polices trying to make them available and affordable for all is being fulfilled by market dynamics in Korea. Thus, the inclusion of both services in the scope of universal service is regarded as an unnecessary regulation at present time and the expansion of universal service could be addressed as a long-term issue depending on market conditions in the future.

Development of Labor Productivity Index for Steel Construction (철골공사의 노동생산지수 개발)

  • Kang Byoung-Ryoul;Kim Ki-Sung;Um Ik-Joon;Koo Kyo-Jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.353-357
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    • 2004
  • The construction competition is more deepened with the enterprise possibility increase which it follows in the regulation relaxation back against the construction market penetration which carries and the instability of market is added an extra weight and it solves the aspect where also the profitability which is caused by with low price bidding decreases. Against a productivity with the overcome plan it is researched plentifully and the far for a productivity improvement, there is so far to construction, the productivity being used with only include meaning, is to a practical affairs and the application ver)r as the level which is feeble is a possibility of doing. It is like that and the research develops the producing district possibility of new steel-frame work and in the actuality which sees the production volume of steel-frame work and a construction accomplishment process effectively and to be right numerical figures it does it plans it controls and manages the place ultimate objective which it puts.

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The Characteristics of Spray and Exhaust Emissions Environmental Assessment of Adulteration and Convention Diesel (유사경유 및 정상경유 미립화특성과 배출가스 환경성평가)

  • Lee, Jong-Tae;Moon, Sun-Hee;Kim, Jeong-Soo;Kim, Sun-Moon;Park, Gyu-Tae;Lim, Yun-Sung
    • Journal of ILASS-Korea
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    • v.18 no.2
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    • pp.106-111
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    • 2013
  • Adulterations fuel have been using in the vehicle in these days. Because gasoline, diesel prices are rising every day. so people find more cheap price fuel. Adulterations fuel caused a serious air pollution problems. Adulteration fuel were made from waste engine oil, waste paint. According to Government regulations permit to be used recycle fuel(adulteration fuel) only in industrial boiler. Unburned fuel pollutants are effected to human health. In this paper, the hazardous air pollutants characteristics in the diesel vehicles according to adulterations of vehicle fuels were carried out in the NEDC test mode in chassis dynamometer. It is revealed that the all of the regulation pollutants (THC, NOx, CO and PM) emission in the adulterations of vehicle fuels was increased also the green house gas, $CO_2$ was increased. In the hazardous air pollutants characteristics, the VOCs(Volitile Organic Compounds) BTEX(Benzene, Toluene, Ethylbenzene, Xylene) emissions in the adulterations of vehicle fuels showed higher level than these in the diesel fuels.

Effect of Low Sulphur Fuel Oil Use on Korean Container Shipping Companies by IMO Environmental Regulations (IMO 환경규제에 따른 저유황 연료유 사용이 국적 컨테이너 선사에 미치는 영향)

  • Park, Sunghwa;Han, Chulhwan;Kim, Taeil
    • Journal of Korea Port Economic Association
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    • v.36 no.1
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    • pp.23-40
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    • 2020
  • This study examined the background of IMO environmental regulations and countermeasures of domestic and foreign liner shipping companies and also analyzed the additional cost and profitability of container shipping companies by implementation of IMO 2020, when the fuel oil is converted to low sulfur oil. The results show that the national flag carrier would incur significant additional costs when using low sulfur oil, which would worsen its profitability in all scenarios. These analysis results suggest that for regional shipping companies need reasonable BAF setting standards, which is flexible to the price of fuel oil and also seek ways to co-exist through mutual cooperation among oil refiners, shippers and shipping companies.

The Development of China′a Marin Fisheries and Reorganization of Region Fisheries in the East China Sea (동중국해에서 중국 해면어로어업의 전개와 지역어업의 재편)

  • 김대영
    • The Journal of Fisheries Business Administration
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    • v.31 no.2
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    • pp.27-45
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    • 2000
  • This study discusses the development structure of China's Marine Fisheries in the East China Sea. China's marine fisheries have developed since the 1980s along with it's economic expansion. The total catch in the East China Sea has increased especially during the 1990s. The Chinese fishery has developed remarkably through individual management, expansion of their fishing grounds from inshore to off-shore, and increase of the catch in both pelagic and bottom species. In other words, the trawl fishery in China has led to higher production. We can say that the progress in Chinese fisheries is the result of their expansion policy. Their boats have been coming closer and closer to the Japanese and Korea fishing grounds during the 1990s. Chinese fisheries is exploiting the low cost and thus strengthening its quantity. Based on rising fish price, expanding domestic fish markets as well as expels, China is enjoying the high income. However, in trawl fishery, productivity is stagnant and profit is going down due to the rising cost. In accordance with the new 200 mile EEZ system in the East China Sea, China's fisheries will be restricted mostly by the new regulation which requires the reduction of fishing efforts and the application of resource management.

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