• Title/Summary/Keyword: proxy response

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The Dynamic Effects of Globalization on the Firm Performance: A Study on Korea Maritime and Fishery Companies

  • Donghyun Lee;Heedae Park;Joongsan Ko
    • Journal of Korea Trade
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    • v.26 no.7
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    • pp.127-144
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    • 2022
  • Purpose - This study aimed to analyze the dynamic effects of progress in globalization on firm performance by employing individual companies' financial statement datasets. Design/methodology - The analysis leveraged the variables of operating revenue (OPRE) and pre-tax profit and loss (PLBT) as measurement variables for firm performance over 2011-2019. As a proxy variable for globalization, the trade index, a subordinate indicator of the KOF Globalization Index, was used. Through panel regression analysis, the relationship among those variables was ascertained, and the local projection (LP) method was subsequently utilized to identify dynamic effects. A subsample analysis was further performed by classifying companies based on their sizes and industries to determine the differential effects of globalization on each group. Findings - The panel regression analysis derived positive effects of an increasing degree of globalization on OPRE of Korea maritime and fishery firms. However, the impulse response functions, obtained from the LP, showed that in the short run, globalization affects PLBT negatively but in the long run, it gradually converted into a positive effect. In addition, according to the subsample analysis based on company size, the effects of globalization on OPRE became greater as each company became larger. Moreover, the industry-based analysis showed heterogeneous effects, depending on the industries in which the maritime and fishery companies operated. Originality/value - The analysis of the dynamic effects of globalization on firm performance, which revealed that the effects vary depending on the time points, is the important contribution of this study. The results also suggest that the effects of globalization vary depending on the company size and industry.

Establishing Tree Ring δ18O Chronologies for Principle Tree Species (T. cuspidata, P. koraiensis, A. koreana, Q. mongolica) at Subalpine Zone in Mt. Jiri National Park and Their Correlations with The Corresponding Climate (지리산국립공원 아고산대 주요 수종(주목, 잣나무, 구상나무, 신갈나무)에 대한 산소동위원소연대기 작성 및 기후와의 관계 분석)

  • Seo, Jeong-Wook;Jeong, Hyun-Min;Sano, Masaki;Choi, En-Bi;Park, Jun-Hui;Lee, Kwang-Hee;Kim, Yo-Jung;Park, Hong-Chul
    • Journal of the Korean Wood Science and Technology
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    • v.45 no.5
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    • pp.661-670
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    • 2017
  • 50-year tree-ring ${\delta}^{18}O$ chronologies (1966~2015) for principle conifer tree species (Taxus cuspidata, Pinus koraiensis, Abies koreana) and Quercus mongolica at subalpine zone in Mt. Jiri were established. The establishing of tree-ring ${\delta}^{18}O$ chronologies for each tree species were fulfilled using four trees, which showed the good result in cross-dating. In the comparisons between tree-ring ${\delta}^{18}O$ chronologies within the same tree species all tree species showed reliable results statistically (p < 0.001), and they also showed EPS higher than 0.85. In addition to, the reliable correlations (p < 0.001) were verified between tree-ring ${\delta}^{18}O$ chronologies of four tree species, as well. In the response function analysis in order to investigate the relationships between tree-ring ${\delta}^{18}O$ chronologies and corresponding climatic factors, i.e., monthly precipitation and mean temperature, T. cuspidata showed a negative correlation with May precipitation (p < 0.05) and A. koreana showed a negative correlation with April precipitation (p < 0.05). If long tree-ring ${\delta}^{18}O$ chronologies of T. cuspidata and A. koreana will be established, it will be possible to reconstruct April and May precipitation in the past when we have no the meteorological data.

Analyzing Technological Convergence for IoT Business Using Patent Co-classification Analysis and Text-mining (특허 동시분류분석과 텍스트마이닝을 활용한 사물인터넷 기술융합 분석)

  • Moon, Jinhee;Gwon, Uijun;Geum, Youngjung
    • Journal of Technology Innovation
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    • v.25 no.3
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    • pp.1-24
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    • 2017
  • With the rise of internet of things (IoT), there have been several studies to analyze the technological trend and technological convergence. However, previous work have been relied on the qualitative work that investigate the IoT trend and implication for future business. In response, this study considers the patent information as the proxy measure of technology, and conducts a quantitative and analytic approach for analyzing technological convergence using patent co-classification analysis and text mining. First, this study investigate the characteristics of IoT business, and characterize IoT business into four dimensions: device, network, platform, and services. After this process, total 923 patent classes are classified into four types of IoT technology group. Since most of patent classes are classified into device technology, we developed a co-classification network for both device technology and all technologies. Patent keywords are also extracted and these keywords are also classified into four types: device, network, platform, and services. As a result, technologies for several IoT devices such as sensors, healthcare, and energy management are derived as a main convergence group for the device network. For the total IoT network, base network technology plays a key role to characterize technological convergence in the IoT network, mediating the technological convergence in each application area such as smart healthcare, smart home, and smart grid. This work is expected to effectively be utilized in the technology planning of IoT businesses.

A Study of Prevention Model the Spread of Phishing Attack for Protection the Medical Information (의료정보 보호를 위한 피싱공격 확산방지모델 연구)

  • Choi, Kyong-Ho;Chung, Kyung-Yong;Shin, Dong-Kun
    • Journal of Digital Convergence
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    • v.11 no.3
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    • pp.273-277
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    • 2013
  • Phishing attacks have been implemented in smarter, more advanced ways with the passage of time. Hackers use intelligent phishing attacks to take over computers and to penetrate internal networks in major organizations. So, in this paper, a model for a prevention of phishing attack spread is conceptual designed in order to protect internal users and sensitive or important information from sophisticated phishing attacks. Internal users simultaneously utilize both external web and organizational mail services. And hackers can take the both side equally as a vector. Thus, packets in each service must be monitored and stored to recognize threatening elements from both sides. The model designed in this paper extends the mail server based security structure used in conventional studies for the protection of Internet mail services accessed by intranet users. This model can build a list of phishing sites as the system checks e-mails compared to that of the method that directly intercepts accesses to phishing sites using a proxy server, so it represents no standby time for request and response processes.

The Relationship between Apartment Price Index and Naver Trend Index (아파트가격지수와 네이버 트렌드지수 간의 연관성)

  • Yoo, Han-Soo
    • Land and Housing Review
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    • v.13 no.4
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    • pp.45-53
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    • 2022
  • This paper investigates empirically the lead-lag relation between the 'apartment price index' and 'Internet search volume'. This study uses Naver Trend Index as a proxy for Internet search volume. An increase in Internet search volume on the apartment price index indicates an increase in people's attention to an apartment. Different from previous studies exploring the relation between 'the released price index of the apartment' and 'Naver Trend Index', this study investigates the relation of the Naver Trend Index with 'the fundamental price component of an apartment' and 'the transitory price component of an apartment', respectively. The results of the Granger causality test reveal that there are bidirectional Granger causalities between the 'released price' and Naver Trend Index. In addition, the 'fundamental price component of an apartment' and Naver Trend Index have a feedback relation, while 'the transitory price component of an apartment' Granger causes the Naver Trend Index uni-directionally. The impulse response function analysis indicates that the shock of apartment prices increases Naver Trend Index in the first month. Overall, The close relationship between apartment prices and Naver Trend Index suggests that increases in the movement of apartment prices are positively associated with public attention on the apartment market.

The Association between Household Type and Self-rated Health of the Elderly in Korea: Analysis of the National Survey of Older Koreans 2017 (우리나라 노인의 가구형태와 주관적 건강상태의 관련성: 2017년 노인실태조사 자료를 이용하여)

  • Choi, Minji;Joo, Hye Jin;Kim, Taehyun;Beck, Sang Sook;Chung, Woojin
    • Health Policy and Management
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    • v.32 no.2
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    • pp.190-204
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    • 2022
  • Background: In Korea, the population is rapidly aging, and the types of households for the elderly are also diversifying. The self-rated health of the elderly is a valuable health indicator that can comprehensively represent the overall quality of life along with physical, mental, and functional health. On the other hand, studies on the association between household type and self-rated health of the elderly are still insufficient. Thus, this study analyzed the association between household type and self-rated health by gender in Korean older adults. Methods: Using data from the analysis of the National Survey of Older Koreans 2017, 10,299 elderly people aged 65 and over were targeted. For the accuracy of the analysis data, 9,910 people were selected as the study sample by excluding proxy responses, those diagnosed with dementia, and non-response. And technical analysis, univariate analysis using the Rao-Scott chi-square test, and logical regression analysis involving survey characteristics were conducted by gender. Results: According to the adjusted model with all variables, in both men and women, the odds ratio of self-rated health 'bad' in 'couple (with ill spouse)' was significantly higher than 'couple (with spouse)'. It was 2.54 (95% confidence interval [CI], 2.05-3.15) for men and 2.11 (95% CI, 1.70-2.62) for women. In addition, the odds ratio of self-rated health 'bad' in 'living with adult children' was 1.43 (95% CI, 1.09-1.87) for men and 1.42 (95% CI, 1.15-1.75) for women, which was more significant in women than men. Conclusion: This study states that there is an association between gender, household type, and self-rated health of the elderly, and the health of a spouse and cohabitation with children have a significant effect on self-rated health. As a result, in order to improve the health status of the elderly, health promotion and health care policies involving the characteristics of the elderly's gender and household type are needed.

Quantitative Microbial Risk Assessment Model for Staphylococcus aureus in Kimbab (김밥에서의 Staphylococcus aureus에 대한 정량적 미생물위해평가 모델 개발)

  • Bahk, Gyung-Jin;Oh, Deog-Hwan;Ha, Sang-Do;Park, Ki-Hwan;Joung, Myung-Sub;Chun, Suk-Jo;Park, Jong-Seok;Woo, Gun-Jo;Hong, Chong-Hae
    • Korean Journal of Food Science and Technology
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    • v.37 no.3
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    • pp.484-491
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    • 2005
  • Quantitative microbial risk assessment (QMRA) analyzes potential hazard of microorganisms on public health and offers structured approach to assess risks associated with microorganisms in foods. This paper addresses specific risk management questions associated with Staphylococcus aureus in kimbab and improvement and dissemination of QMRA methodology, QMRA model was developed by constructing four nodes from retail to table pathway. Predictive microbial growth model and survey data were combined with probabilistic modeling to simulate levels of S. aureus in kimbab at time of consumption, Due to lack of dose-response models, final level of S. aureus in kimbeb was used as proxy for potential hazard level, based on which possibility of contamination over this level and consumption level of S. aureus through kimbab were estimated as 30.7% and 3.67 log cfu/g, respectively. Regression sensitivity results showed time-temperature during storage at selling was the most significant factor. These results suggested temperature control under $10^{\circ}C$ was critical control point for kimbab production to prevent growth of S. aureus and showed QMRA was useful for evaluation of factors influencing potential risk and could be applied directly to risk management.

A Study of Domain Name Disputes Resolution with the Korea-U.S. FTA Agreement (한미자유무역협정(FTA)에 따른 도메인이름 분쟁해결의 개선방안에 관한 연구)

  • Park, Yu-Sun
    • Journal of Arbitration Studies
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    • v.17 no.2
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    • pp.167-187
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    • 2007
  • As Korea has reached a free trade agreement with the United States of America, it is required to provide an appropriate procedure to ".kr" domain name disputes based on the principles established in the Uniform Domain Name Dispute Resolution Policy(UDRP). Currently, Internet address Dispute Resolution Committee(IDRC) established under Article 16 of the Act on Internet Address Resources provides the dispute resolution proceedings to resolve ".kr" domain name disputes. While the IDRC's proceeding is similar to the UDRP administrative proceeding in procedural aspects, the Domain Name Dispute Mediation Policy that is established by the IDRC and that applies to disputes involving ".kr" domain names is very different from the UDRP for generic Top Level Domain (gTLD) in substantial aspects. Under the Korea-U.S. Free Trade Agreement(KORUS FTA), it is expected that either the Domain Name Dispute Mediation Policy to be amended to adopt the UDRP or the IDRC to examine the Domain Name Dispute Mediation Policy in order to harmonize it with the principles established in the UDRP. It is a common practice of cybersquatters to warehouse a number of domain names without any active use of these domain names after their registration. The Domain Name Dispute Mediation Policy provides that the complainant may request to transfer or delete the registration of the disputed domain name if the registrant registered, holds or uses the disputed domain name in bad faith. This provision lifts the complainant's burden of proof to show the respondent's bad faith because the complainant is only required to prove one of the three bad faiths which are registration in bad faith, holding in bad faith, or use in bad faith. The aforementioned resolution procedure is different from the UDRP regime which requires the complainant, in compliance with paragraph 4(b) of the UDRP, to prove that the disputed domain name has been registered in bad faith and is being used in bad faith. Therefore, the complainant carries heavy burden of proof under the UDRP. The IDRC should deny the complaint if the respondent has legitimate rights or interests in the domain names. Under the UDRP, the complainant must show that the respondent has no rights or legitimate interests in the disputed domain name. The UDRP sets out three illustrative circumstances, any one of which if proved by the respondent, shall be evidence of the respondent's rights to or legitimate interests in the domain name. As the Domain Name Dispute Mediation Policy provides only a general provision regarding the respondent's legitimate rights or interests, the respondent can be placed in a very week foundation to be protected under the Policy. It is therefore recommended for the IDRC to adopt the three UDRP circumstances to guide how the respondent can demonstrate his/her legitimate rights or interests in the disputed domain name. In accordance with the KORUS FTA, the Korean Government is required to provide online publication to a reliable and accurate database of contact information concerning domain name registrants. Cybersquatters often provide inaccurate contact information or willfully conceal their identity to avoid objection by trademark owners. It may cause unnecessary and unwarranted delay of the administrative proceedings. The respondent may loss the opportunity to assert his/her rights or legitimate interests in the domain name due to inability to submit the response effectively and timely. The respondent could breach a registration agreement with a registrar which requires the registrant to submit and update accurate contact information. The respondent who is reluctant to disclose his/her contact information on the Internet citing for privacy rights and protection. This is however debatable as the respondent may use the proxy registration service provided by the registrar to protect the respondent's privacy.

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