• The Journal of Asian Finance, Economics and Business
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• 제8권2호
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• pp.453-463
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• 2021

Economic globalization provides a good channel for the development of foreign trade around the world. Due to this background, this paper sets the Organization for Economic Co-operation and Development (OECD) countries as a sample to explore the importance of international logistics in foreign trade. An annual panel data from 2000 to 2017 will be used to conduct an empirical estimation under the panel unit root test and the fixed effect model. Foreign trade is treated as an explained variable and international logistics is treated as explanatory variables. The findings show that international logistics have a positive spillover effect on export trade and the speed of international logistics development has a regulatory effect on the relationship between both of them, which presents a U-shaped curve. When the speed of international logistics development is slow, an increase of it restrains the positive spillover effect of international logistics on export trade. However, when it rises to a certain extent, this increase releases the positive spillover effect of international logistics on export trade. As can be seen by the evidence that this paper provides, the impact of international logistics on foreign trade is dynamic. Moreover, this paper also puts forward some corresponding measures about the relationship between both of them.

• The Journal of Asian Finance, Economics and Business
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• 제8권9호
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• pp.287-300
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• 2021

The study is conducted to find out the impact of the country- and corporate-level governance and firm internationalization on stock liquidity of 120 listed firms in Japan, Hong Kong, Pakistan, and India. Panel data is used in the current study. The annual time span covered in the current study is 10 years. The current study explores results based on secondary data. The findings of the 'robust panel corrected standard error' estimator shows that the internationalization strategy of firms positively influences the stock liquidity. The internationalization strategy of multinational corporations proves to be an effective methodology for improving stock liquidity in the home market as well as abroad. The study also shows that a stronger relationship exists between stock liquidity and internationalization in those countries where the regulatory settings are effective, the judiciary system is efficient and shareholders' rights are protected. Corporate governance and stock liquidity are negatively associated. The study also finds a negative relationship between country-level governance mechanisms and stock liquidity. Whereas the 'robust panel corrected error' estimator shows a positive association between corporate governance mechanisms and firm internationalization. The study depicts that effective corporate governance motivates multinational companies to expand their business abroad.

• 자원ㆍ환경경제연구
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• 제17권4호
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• pp.775-812
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• 2008

본 연구는 양도성개별할당량(individual transferable quota:ITQ)제도하에서 어획량 보고 시스템과 관련된 뉴질랜드의 독특한(unique) 어획량균형제도(Catch Balancing Regime)인 추정가치(deemed value) 시스템의 시행전략에 관한 한 이론적 모델을 제시한다. 본 논문에서 제시된 시행전략모델은 현시원칙(revelation principle)과 유인합치성(incentive compatibility)이론에 근거한 이론적 실증 분석에 기초한다. 분석 결과, 뉴질랜드에서 시행되고 있는 추정가치 시스템은 ITQ 제도하에서 지금껏 규제의 사각지대로 여겨졌던 부수어획(bycatch)과 불법투기(discarding), 그리고 남획(overfishing)과 같은 난제들을 통제 조정할 수 있는 가치 있는 제도적 메커니즘을 가지고 있는 것으로 나타났다. 다시 말해, 분석된 추정가치 시스템에 의한 어획량균형제도의 시행은 우선, 쿼타 보유자들의 어획보고에 대한 규제순응(regulatory compliance)을 향상시키고, 둘째, 어업의 감시 감독(surveillance monitoring)에 대한 비용을 안정화시키며, 셋째, 어자원의 지속적 효율적 관리에 대한 긍정적 유인을 제공한다.

• 유통과학연구
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• 제14권12호
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• pp.99-105
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• 2016

Purpose - In the present study, it has become the most important necessity in our daily lives that consumers' psychological factors affect the use of smartphones, and it has been analyzed through behavioral economic approaches. In this respect, the present study is intended to apply the heuristic theory and the prospect theory among behavioral economics theories to examine how psychological factors affect consumers' product selection. Research design, data, and methodology - In the present study, using smartphone repurchase as a dependent variable, whether regulatory focus effects have interaction effects on behavioral economic theories and behavioral economic effects such as possession (ownership) effects, framing effects, and brand recollection. As an analysis method, questionnaire surveys conducted with university students in Incheon were examined through Two-Way ANOVAs using the SPSS23 package. Results - The analysis from the results are as follows. Using smartphone repurchase as a dependent variable, the main effects and interaction effects on two variables; satisfaction difference with product functions and positive framing variable were statistically significant. Using repurchase as a dependent variable was statistically significant, there was no interaction effect between the two variables; satisfaction difference with product functions and the difference of brands in possession. Using smartphone repurchase as a dependent variable, interaction effects on two variables; satisfaction difference with product functions and the lengths of product possession periods were not statistically significant. The results from the analyses of interaction effects of brand recollection and brands type were statistically significant in possession using repurchase as a dependent variable. The results from the analyses of the main effect of the brands type were statistically significant in possession using repurchase as a dependent variable. Conclusions - The implication of the present study is that it suggests the factors that became important for customers' smartphone purchase following the change in the meaning of smartphones from practical products in the past to hedonic products. Limitations of the present study are first, the study subjects are limited to students and the number of copies in questionnaires is only approximately 130, which is insufficient, so that the present study is not sufficient as a study for entire smartphone users.

• 자원ㆍ환경경제연구
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• 제15권1호
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• pp.1-26
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• 2006

본 연구는 미국 주정부의 환경정책과 축산업의 규모 및 입지 선정과의 관계에 대한 분석을 시도하였다. 분석은 업종별이 아닌 소규모, 중규모 그리고 대규모의 세 가지 규모별로 미국의 487B 주의 29년 자료를 이용한 Panel 분석을 이용하였다. 결론을 보면 일반적으로 축산엽에 대한 규제는 축산업의 구조변화에 기인한 것으로 판단된다. 산업부문으로부터 외부효과를 정부정책의 틀 안에서 내재화하기 위한 노력인 것이다. 그러나 단순히 제도의 존재 여부는 산업부문의 행위에 결정적인 영향을 주지 못하며 주정부가 규제에 대한 집행의사를 가질 때에만 영향을 줄 수 있었다. 그러나 산업부문의 급격한 구조변화가 있는 경우 주정부의 제도 존재 여부도 영향력이 있는 것으로 판단된다. 특히 축산규모에 따라 그 영향이 달랐으며 대규모 농가가 소규모 농가보다 민감하게 반응하는 것으로 나타났다.

• 자원ㆍ환경경제연구
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• 제12권2호
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• pp.347-382
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• 2003

본 연구에서는 한국에서 생태적 산업개발을 추진할 경우에 선택할 수 있는 유형을 제시하고 있다. 즉, (1) 다양한 업종으로 구성된 생태산업단지 또는 생태산업 네트워크, (2) 클러스터와 제로 에미션 개념의 결합에 의한 부산물 교환 시스템, (3) 동종 산업으로 구성된 산업 단지에서의 제로 에미션 추구, (4) 포괄적인 지역개발 프로젝트로서의 EID 등이다. 국내에서 자원순환형 경제개발 정착을 위한 우선적 과제는 산업체들로 하여금 현재의 관행을 벗어나서 다른 기업과의 공생적 관계를 적극 모색하여 부산물교환을 촉진하는 제도적 여건을 조성하는 것, 산업체들이 부산물 활용 네트워크를 조직하는데 필요한 자금지원과 인센티브 도입, 부산물 교환을 위한 시장의 창출에 기여하는 정보네트워크의 구성, 산업체의 환경관련 교육 강화 등이다.

• 자원ㆍ환경경제연구
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• 제31권4호
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• pp.777-799
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• 2022

본 연구는 지구온난화잠재력(GWP)이 매우 큰 냉매가스에 대한 EU의 최신 규제 강화 동향을 살펴보고 탄소중립에의 시사점을 도출하였다. EU집행위는 최근 F-가스 규정(Regulation)을 대폭 강화하는 개정안을 공개하였다. 본 연구는 개정안의 냉매 관련 주요 내용의 의미를 현행 규정과 비교해 제시하였다. 개정안의 주요 내용은 시장출시 허용 HFC 최대량 대폭 축소, HFC 할당 관련 규정 강화, 고GWP 냉매 사용 제품 및 장비의 시장출시 금지 대상 추가, 규제대상 F-가스 추가 및 기존 가스의 GWP 업데이트, 그 외에도 보다 촘촘해지고 강화된 규제설계등이다. EU의 이러한 움직임은 미국, 일본 등 선진국의 정책기조에 영향을 미칠 것이며, 우리나라의 정책도 더욱 강화될 것이다. 따라서 관련 산업계에서는 차세대 냉매가스로의 변경이 불가피한 상황이 될 것이다. 한편, 본 연구는 기존의 냉매 및 F-가스 관련 연구에서는 주목하지 않았던 과불화화합물(PFAS) 규제와 관련된 최신 정책 동향에 대해서도 분석하였다. 유럽 5개국의 추진하고 있는 PFAS의 REACH(EU의 화학물질 등록, 평가, 승인 및 제한 제도) 제한물질 등록이 이뤄지게 된다면, 냉매가스와 관련해서는 산업계에 매우 큰 파장을 불러일으킬 것이다. 또한, 냉매를 비롯한 F-가스 물질과 관련된 각국의 온실가스 감축 전략도 전면 재검토가 불가피해질 것이다.

• 전기학회논문지
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• 제58권3호
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• pp.467-477
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• 2009

Renewable Portfolio Standard (RPS) is a regulatory policy that requires the generation companies to increase the proportion of renewable energy sources such as wind, solar, LFG, fuel cell, and small hydro. Recently, Korean government decided to increase the portion of renewable energy to 3% to total electricity generation by 2012 from the current level of 0.13%. To achieve this goal, an innovative plan for market competitiveness would be required in addition to the present Feed-In-Tariff (FIT). That is Korean government has taken it into consideration to introduce a Renewable Portfolio Standard (RPS) as an alternative to FIT. This paper reviews the impact of RPS on the long-term fuel mix in 2020. The studies have been carried out with the GATE-PRO (Generation And Transmission Expansion PROgram) program, a mixed-integer non-linear program developed by Hongik university and Korea Energy Economics Institute. Detailed studies on long-term fuel mix in Korea have been carried out with four RPS scenarios of 3%, 5%, 10% and 20%. The important findings and comments on the results are given to provide an insight on future regulatory policies.

• 한국잡초학회지
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• 제17권1호
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• pp.94-111
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• 1997

A relatively wide range of weed technology concerning sound herbicide development, its formulation exploitation, and application techniques was extensively reviewed in accordance with least inputted sustainable agriculture. Herbicide plays an integral part of farmers' cultural practices in Korean agriculture like rest of world over. Weeds are more obstacle to the adaptation of more sustainable agriculture system. Because weeds dictate most of the crop production practices, weed scientists must become the leaders of collaborative integrated approaches to agriculture systems research. Feasible ways to minimize herbicide input involve the positive introduction of low-rate selective chemistries, innovative formulations, biological herbicides and newly developed application technology. Since herbicide will remain to be a core position in weed management for the foreseeable future, research is needed to optimize herbicide application technology and to minimize their impact on the environment. Public concerns and regulatory pressures on agricultural chemicals are likely to strengthen throughout this decade and coming. Researchers, pesticide manufacturing industries and regulatory authorities have to work together more closely, leading to understand each other better, as well as the needs of our customers and those of society. To be taken extensively, weed control management practices in the future have to be accepted such a way the respective demands of environment, society and economics are entirely matched.

• The Journal of Asian Finance, Economics and Business
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• 제7권8호
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• pp.185-195
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• 2020

This study examines the association between governance quality at country level and stock market performance. Specifically, the study investigates the influence of control of corruption, government effectiveness, political stability and absence of violence, rule of law, regulatory quality, and voice and accountability on all-share index of the stock markets of the six Gulf Cooperation Council (GCC) countries. This study is anchored on two theories - the Efficient Market Hypothesis (EMH) and Institutional Theory. The study employs panel data spanning from 2006 to 2017. The findings show that political stability and absence of violence and rule of law exhibit a significant positive impact on stock market performance, while regulatory quality and voice and accountability have a significant, but negative relationship with stock market performance. The results imply that quality of governance in terms of rule of law and political stability devoid of violence have strong impact on stock market returns. Similarly, improved stock market returns are largely dependent on the efficiency of the institutional environment of market as investors are always wary of the inherent risks associated with the uncertainty of the market. This study has crucial policy implications for the government of the GCC countries and stock market participants.