• Title/Summary/Keyword: recession analysis

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A Study on the Survival Characteristics of the Restaurant Business in Major and Side-Street Trade Areas, Seoul (서울시 발달상권과 골목상권의 일반음식점 생존특성 연구)

  • Kim, Dongjun;Yi, Changhyo;Lee, Seungil
    • Journal of Korea Planning Association
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    • v.54 no.5
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    • pp.76-90
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    • 2019
  • The purpose of this study is to analyze the survival characteristics of the restaurant business by trade area type (major and side street). By the increase of the unemployment rate, the new foundation of selt-employment type is increasing. However, due to high competition and economic recession, the sustainability of new foundation is not high. Therefore, in this study, survival analysis was performed considering the individual and commercial characteristics focused on the ordinary restaurants. The major findings are as follow. First, the characteristics of parcel unit and adjacent area have a significant effect on the survival. This means the micro-scopic spatial characteristics should be considered for survival in the location choice. Second, the regional economic characteristics in trade area have a significant effect on survival. Furthermore, these characteristics are different by the trade area type. Third. the development characteristics have a different effect on survival by the building usage and trade area type. Finally, regional economic characteristics have a significant effect on survival. These results are expected to be used as basic data for commercial location selection and trade area analysis system in the private and public sectors.

A Case Study on the Paradigm Shift to Digital Logistics Platform : The Case of Maersk

  • So Hyung KIM
    • Journal of Distribution Science
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    • v.22 no.4
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    • pp.105-114
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    • 2024
  • Purpose : Due to the uncertainty of the global trade environment and the trade downturn, the shipping industry continues to face challenges. This study aims to investigate in-depth analysis of crisis overcoming strategies through case study of a company that is leader in the shipping and logistics industry. Research Desigh and Methodology : In order to conduct an in-depth analysis, a single case analysis was selected as a qualitative study. For this purpose, various secondary sources were used, and indirect interview data were also used. In this study, Maersk was selected because it has grown from a traditional shipping logistics company to a digital platform company. Results: Maersk has transformed itself into a comprehensive, digital logistics platform with several key strategies to respond to the long-term slump in the shipping industry. First, it leveraged Maersk's diversification and portfolio optimization strategy. Second, Maersk is transforming its logistics and transport processes through digitalization and technological innovation. Conclusion: Maersk, which is responding to the long-term recession facing the shipping industry, looked at how it has leveraged its strengths and explored new opportunities through a number of strategies and changes. This study provides insight into a digital logistics platform that will benefit the other companies as well.

Study of microstructure of carbon-based materials in plasma wind tunnel testing

  • Kang, Bo-Ram;Lim, Hyeon-Mi;Oh, Phil-Yong;Hong, Bong Guen
    • Proceedings of the Korean Vacuum Society Conference
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    • 2016.02a
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    • pp.200.2-200.2
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    • 2016
  • Carbon-based materials have been known as ablative material and have been used for thermal protection systems. Ablation is an erosive phenomenon that results in thermochemical and thermomechanical changes on materials. Ablation resistance is one of the key properties that determines performance and life-time of the thermal protection material under ablative conditions. In this study, ablation properties of graphite, 3-dimensional (C/C) composites (needle-punched type and rod type) were investigated byusing a plasma wind tunnel which produce a supersonic plasma flow from a segmented arc heater with the power level of 0.4 MW. The mass losses and surface roughness changes which contain main result of the ablation are measured. A morphological analysis ofthe carbon-based materials, before and after the ablation test, are performed through field emission scanning electron microscopy (FE-SEM) and non-contact 3D surface measuring system. Electronic balance and a portable surface roughness tester were used for evaluation of the recession and mass loss of the test samples.

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The Empirical Analysis about Structural Characteristics of the Housing Jeonse Price Change in Seoul (서울시 주택전세가격 변동양상에 대한 실증분석)

  • Jung, Yeong-Ki;Kim, Kyung-Hoon;Kim, Jae-Jun
    • Journal of The Korean Digital Architecture Interior Association
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    • v.12 no.1
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    • pp.89-98
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    • 2012
  • While the housing transaction price of Seoul tends to be stagnant or declining in line with the housing market recession since 2007, the jeonse price keeps continual increase. Such flow of jeonse price change has a serious influence on ordinary person's housing stability seriously. Therefore, it is very meaningful in terms of social policy to analyze the trend of recent jeonse price change. This study aims to have an empirical analysis of structural characteristics of the trend of recent jeonse price change. After the review of various previous studies, this study selected housing jeonse price index, non-sold house quantity, jeonse vs. transaction price rate, and housing construction performance as analytical variables, and employed monthly time series resources from January 2007 to April 2011. As a result, when the housing supply reduced, the potential quantity for jeonse market reduced that occurred unbalance of supply and demand in jeonse market. In turn, it caused the increase of jeonse price. And, in case of jeonse vs. transaction price rate change, the rate increased which means the increase of required rate of return of invested demand. As such, the increase of market risk degenerates the investment sentiment which caused the reduction of quantity for jeonse market as a submarket.

Coupled Thermal/Structural Analysis of Mechanical Ablation by Domain/Boundary Decomposition Method (영역/경계 분할법을 적용한 기계적 삭마 과정의 열구조 연계 해석)

  • Shin, Eui-Sup;Kim, Sung-Jun;Kim, Jong-Il
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.39 no.1
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    • pp.1-8
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    • 2011
  • A coupled thermal/structural analysis of mechanical ablation is performed based on domain/boundary decomposition and finite element method. The ablative material non-linearity and boundary non-linearity can be easily localized within a few subdomains and/or on the boundary interfaces. An enthalpy method is applied to simplify the effect of heat of pyrolysis in the ablative subdomains. In addition, maximum in-plane shear stress is considered as a surface recession criterion for the mechanical ablation simulation. The basic characteristics of the proposed method are examined carefully through numerical experiments.

A Study on the Trade Area Analysis of the Ilsan Subway Area for the Regeneration of Main Street (일산신도시의 중심상권 활성화를 위한 상권 분석에 관한 연구)

  • Park, Dong Sun;Lee, Young Eun
    • Land and Housing Review
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    • v.10 no.1
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    • pp.1-7
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    • 2019
  • This article assumes that the first newtown has declined in Korea. Urban regeneration projects should be implemented for regeneration for CBD in Newtown as well as small local cities. The purpose of this article is to analyze the character of the subway area and to suggest the key issues for regeneartion in the subway area. Especially focussing on the local important commercial function in 5 subway areas. As a result of analyzing 5 subway areas according to basic statistical data, field interviews, and legal decline diagnostic index, all five commercial districts showed decline. In particular, the decline of Baekseok Station area appears to be serious, and there is a key factor that attracts the decline of the commercial area such as the long - term building or the closure rate of each commercial area. In addition, the vacancy rate is increasing due to large distribution facilities in new cities, the entry of new floating facilities on the outskirts, and unsold new stores, and the recession is accelerating. In this way, the signs of decline in the core of the new city are enriched, but the current Urban Regeneration Act is a legal system with a policy goal of regeneration of small and medium cities in the provinces as a system to promote the function of core bases rather than the overall redevelopment of new cities. Therefore, preemptive response is needed for the regeneration in those areas.

Risk Analysis and Classification of Public-Private Partenership in Project Financing Process (민관합동형 PF사업의 단계별 리스크 분류 및 위험도분석)

  • Park, Hye-Sung;Kim, Sun-Kuk
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.5
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    • pp.117-126
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    • 2011
  • With Public-private partnership PF (project financing) deals saw explosive increase in quantity since its introduction to Korea in 2001, but, met with severe recession in the fallouts of the financial crisis that hit the global economy in 2008. This study intends to identify the risk factors corresponding to issues of public-private partnership projects financing structure and classify and analyze them by project phase. Outcomes of this research are expected to help recognize risk factors in each project phase during project planning and develop risk control and mitigation strategy during project implementation.

Rainfall-Runoff Analysis in the Whangryong River Basin Using HEC-HMS and HEC-GeoHMS (HEC-HMS, HEC-GeoHMS를 이용한 황룡강유역의 유출분석)

  • Kim, Chul;Park, Nam-Hee
    • Spatial Information Research
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    • v.10 no.2
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    • pp.275-287
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    • 2002
  • Rainfall-Runoff Analysis in Whangryong River Basin was made using HEC-HMS and HEC-GeoHMS. The Basin was divided into three sub-basins using HEC-CeoHMS and GIS. Then, GIS input data were derived from each sub-basins. SCS CN runoff-volume model, Snyder's UH direct-runoff model, exponential recession baseflow model and Muskingum routing model in HEC-HMS were used to simulate the runoff volume using selected rainfall event and the parameters were optimized. Peak flowrate calculated using optimized parameters was compared to the observed flowrate in the basin. The result proved to be good agreement with each other. Optimized parameters in this local basin can be used to calculate the peak flowrate in the future.

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Hydrologic Cycle Simulation of Urban River for Rehabilitation of Water Environment (II) - Dorimcheon Basin - (물 환경 건전화를 위한 도시하천의 물 순환 모의 (II) - 도림천 유역 -)

  • Lee, Sang-Ho;Lee, Jung-Min
    • Journal of Korean Society on Water Environment
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    • v.22 no.5
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    • pp.815-823
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    • 2006
  • The hydrologic cycle in urban catchment has been changed due to the expansion of impervious area by rapid urban development. In this study, the SWMM 5 (Storm Water Management Model 5) model was used to simulate the hydrologic cycle of the Dorimcheon catchment which suffers from the distorted hydrologic cycle as a typical urban catchment. This study compare continuous simulation of urban runoff combining the channel and sewer system with that of channel only in the Dorimcheon catchment. Continuous simulations of urban runoff were performed for the upstream basin of Dorim bridge. The urban impervious regions were processed by the land use analysis from LANDSAT_TM images. It was performed from 1975 to 2000 for every five years. Surface, groundwater and wastewater runoffs were additionally included in the simulations one at a time. Such simulations made it possible to evaluate those components quantitatively. The result of continuous simulation of urban runoff combining the channel and sewer system is that peak flow and recession are well simulated. The analysis results of urbanization effect on runoff are as follows: the surface runoff in 2000 increases to 64% of the whole precipitation whereas the surface runoff in 1975 amounts to 46% of the precipitation; the groundwater runoff in 2000 amounts to 6% and shows 8% decrease during the period from 1975 to 2000.

Consumer's Perception of Clothing Price (Part I) - Testing the Validity of Dimensions of Clothing Price - (의복구매시 소비자가 지각하는 가격 (제1보) -의복가격 차원의 타당성 검증-)

  • 진병호
    • Journal of the Korean Society of Clothing and Textiles
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    • v.22 no.3
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    • pp.417-427
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    • 1998
  • Price, one of the marketing 4p's, is a key decision variable affecting market share and the profitability of individual products. For consumers, since price is almost always known to and can be compared, it is one of the most important criteria when they make a purchase decision making. With the consumers' increasing consciousness for price due to economic recession, and the saturation of domestic apparel market, it is expected that the effect of price on consumers' decision making would be greater than ever. This study, the first in two part series, focuses on testing the validity of dimensions of clothing price using Lichtenstein et. at. (1993)'s suggestion. In addition, the effect of demographic variables on the perception of each price dimension was investigated. The subjects were 264 college students living in Seoul, Korea. The data were collected by self -administered questionnaires and analyzed by t-test, ANOVA, regression analysis and Lisrel confirmatory factor analysis. The result supported Lichtenstein et. al. (1993)'s suggestion. That is, consumers' perception of clothing price is not mini-dimensional, but has six dimensions: sale proneness, price mavenism, value consciousness, price consciousness, price -quality schema and prestige sensitivity. Demographic variables partially effect on the consumers' perception of each clothing price dimension. The level of monthly pocket money, however, has influence on all price dimensions. Based on these results, marketing implications for apparel manufacturers were suggested.

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