• IE interfaces
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• v.17 no.3
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• pp.269-281
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• 2004

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• Journal of Korea Multimedia Society
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• v.5 no.6
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• pp.730-744
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• 2002

A Web-Based Information System(WBIS), a typical structure of recently information systems, should be dynamically restructured in order to satisfy user's need and make a profit. Thus, we should analyze and modelize the navigational structure of WBIS and utilize it by modeling the navigational structure of behavior of user through log-file as system restructuring. In this paper, we propose the modeling method for navigational structure and user behavior to restructure WBIS including shopping mall. Also, we suggest the structural model, state transition model, Petri net model and analysis method and analyze and implement modeling algorithm for user behavior to analyze log-file of it. Then, we propose some restructuring heuristic and apply the methods to the example of WBIS.

• KIEE International Transactions on Power Engineering
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• v.3A no.1
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• pp.53-60
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• 2003

At present the electric power industry in Korea is going through a major restructuring process. The restructuring is motivated by a desire to reduce electricity supply costs, to attract new in-vestment in modern generation, transmission and distribution facilities, and to stimulate innovation in the wholesale production and the retail supply of electricity. The experience to date shows that restructuring of electric power industry in the US, however, is marred with a number of problematic market performances including unreasonably high prices at wholesale. This paper investigates the important role of Power Exchange for stabilizing electric power industry in transition by offering various financial products. These financial products are used for risk hedging by the market participants. The paper focuses on the risk hedging by an individual supplier and derives an explicit decision rule that incorporates the attitude towards the risks. In addition to providing the financial products for risk hedging by market participants, the Power Exchange plays another very important role of financial safeguard system. Because of its unique characteristics, the Power Exchange is well suited for financial surveillance where it performs the early detection of unsound financial (and to a large extent operational) practices on the part of any system users and protect the system integrity and the market participants from the consequences of a default in the clearing structure.

• Korean System Dynamics Review
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• v.4 no.1
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• pp.33-53
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• 2003

How to maintain the optimal electric power generation mix is one of the important problems in electric power industry. The objective of this study is to develop a computer model which can be used to forecast the investment in power generation unit by the plant owners after restructuring of electric power industry. Restructuring of electric power industry will make difference in decision making process of investment in power generation unit. After Privatiazation of Power Industry, Gencos will think that profit is the most important factor among all others attracting the investment in the industry. Coal power generation is better than LNG CCGT in terms of profit. However, many studies show that LNG CCGT will be main electric power generation source because the rest of factors other than profit in LNG CCGT are superior than Coal power generation. Because the nst of factors other than profit in LNG CCGT are superior than Coal power generation. The impacts of the various government policies can be analyzed using the computer model, thus the government can formulate effective policies for achieving the desired electric power generation mix.

• The KIPS Transactions:PartD
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• v.8D no.1
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• pp.54-61
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• 2001

Software architectures can be restructured by modification and replacement during design processes, and appropriate software architectures for developments can be more than one. Therefore, developers are required to specify efficiently the modification elements of architectures, and manage different versions of an architecture designed for various aspects. In this paper, we propose a mechanism that can restructure legacy architecture and a new software architecture designed with reuse of it in integrated form, and define the specification elements and structure of the proposed architecture restructuring specification. It provides the method that can reference and reuse architectures designed with various aspects of developers in architecture design processes.

• The KIPS Transactions:PartD
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• v.15D no.1
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• pp.107-112
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• 2008

The maintenance of legacy software systems is very important in the field of a software engineering. In the maintenance, a regression test confirms the behavior preserving of the software which has been changed but most of regression tests are done in a system level and rarely done in a unit test level because there is no test case. This paper proposes how to modify legacy software systems and make unit test cases as an asset. It uses a technique with a specific module of a real software development project and analyzes test coverage results. After this, if a study about automatic restructuring techniques and a test case generation proceeds continuously, we can expect the big advance of legacy software systems maintenance.

• Journal of the Korea Computer Industry Society
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• v.3 no.3
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• pp.341-350
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• 2002

Software architectures can be restructured by modification and update during design processes, and appropriate software architectures for developments can be designed more than one. Therefore, it is required to specify efficiently the modification elements of architectures and restructuring method of designed architecture through various aspects. In this paper, we proposed software architecture restructuring mechanism that can restructure legacy architecture and a new software architecture designed with reuse of it in integrated form. And, we define specification elements and structure of the proposed restructured architecture specification. It provides the method that can reference and reuse architectures designed with various aspects of developers in architecture design processes. In addition, it supports flexible specification method for specification of modification elements such as revision, substitution, update of legacy software architecture.

• KDI Journal of Economic Policy
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• v.26 no.2
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• pp.179-208
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• 2004

With the outbreak of the financial crisis in mid-1997, the Korean government has removed a majority of M&A-related regulations in order to facilitate M&A transactions. This was based upon the belief that M&As are one of the most efficient ways to restructure financially distressed firms compared to other government-driven restructuring programs. In this paper, we try to empirically assess the role of M&A in restructuring distressed firms in Korea following the financial crisis. In doing so, three empirical analyses have been conducted. The first analysis attempts to identify financial characteristics of the insolvent M&A targets. The second exercise directly tests the change in performance of insolvent M&A targets before and after such M&A transactions. The third analysis is a more general assessment on the role of M&A transactions to determine if being involved in an M&A transaction (regardless of its motivate) has reduced the probability of becoming insolvent in the future. Overall, we find some evidence supporting that M&A activities after the financial crisis have played a positive role in restructuring financially distressed firms in Korea.

• Journal of the Korean association of regional geographers
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• v.8 no.4
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• pp.513-528
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• 2002

This paper aims to explore the recent economic restructuring and regional disparity after the IMF crisis in Korea in terms of uneven regional development. The so-called IMF crisis brought about changing Korean society and economy greatly. Although the Korean economy has been almost completely recovered from the IMF crisis, some structural problems remain. In particular, regional disparity has been deepening in the process of economic restructuring for overcoming the IMF crisis. While the Seoul metropolitan area including Kyunggi province has recovered from the crisis relatively fast and industrial production in the area has been kept active, the productive activities of local areas such as Pusan, Taegu, Kwanju and Ulsan province have shrunk significantly. On the contrary, the economic situation of Taejun province is not so bad in comparison with other local areas. The recent deepening of regional disparity after the IMF crisis can be seen as a process of economic restructuring to overcome the crisis. However, it is necessary to point out that production system has already been gradually transformed from Fordism toward post-Fordism since the early 1990s. In this context I argue that the IMF crisis, as an accelerating trigger of such spatial reconfiguration, has deepen regional disparity.

• Journal of the Korean Geographical Society
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• v.29 no.4
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• pp.377-401
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• 1994

This study examines the impact of national economic restructuring on regional development patterns. Korea's development over the last decade has been characterized by a rapid economic restructuring towards the information economy. This economic restructuring has had significant impacts on regional development patterns. The most remarkable feature is a clear coreperiphery disparity in terms of levels of informatization. Seoul showed an extraordinarily high level of informatization. The process of regional development in the information era is marked by an intensified spatial division of labor, which articulates with the pre-existing pattern of regional disparity. Information infrastructrue improvements for regional development do not necessarily result in reductions in regional unevenness. There is an urgent need to develop the integrated regional informatization strategy.