• Environmental and Resource Economics Review
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• v.13 no.1
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• pp.33-47
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• 2004

Even though the price of extracted but unprocessed coal has been available in Korea, the use of it as scarcity index would be inappropriate because of price subsidy. Following Halvorsen and Smith(1984), Kim and Lee(2002) derived estimates of the shadow price of unextracted coal by estimating the restricted cost function and differentiating with respect to the quantity of coal extracted. In Korea, however, due to the limited data the capital prices have been computed inconsistently case by case without relying on the robust formula like the Christensen-Jorgenson methodology used in US, which could result in biased estimators of the restricted cost function. In the paper the shadow prices of the resources in situ are obtained by measuring an input distance function defined by Shephard (1970), which requires only the data on the quantities of inputs and output. Empirical results for the Korean coal mining industry show that these shadow prices as a coal scarcity have increased fast by approximately three times in comparisons with those obtained by Kim and Lee.

• Proceedings of the Korea Water Resources Association Conference
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• 2019.05a
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• pp.146-146
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• 2019

The aridity index, which is determined as the ratio of potential evapotranspiration to precipitation, is one of key parameters in drought characterization. Whereas the evaporative index, which is defined as the ratio of actual evapotranspiration to precipitation, represents the fraction of available water consumed by the evapotranspiration process. This study investigates variation of the aridity and evaporative indexes due to climate change during the 21st century in South Korea. Estimations of the aridity and evaporative indexes are obtained using SWAT mode based on ensemble of 13 different GCMs over 5 large basins of South Korea for 2 RCP scenarios (RCP 4.5 and RCP 8.5). The results shows the opposite trends of the two indexes, where the aridity index is projected as always increase, while the evaporative index is expected to decrease in all of 3 future period (2011-1940, 1941-1970, 1971-2099). The estimated results also suggest that land cover influenced significantly evapotranspiration along with the change of climate. The study indicates that South Korea will be facing with a high risk of water scarcity in future due to climate change, which is seriously challenging for water planing and management in the country.

• Proceedings of the Korea Water Resources Association Conference
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• 2022.05a
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• pp.126-126
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• 2022

Climate change has continued to impact meteorological factors like rainfall in many countries including Nigeria. Thus, altering the rainfall patterns which subsequently affect the crop yield. Maize is an important cereal grown in northern Nigeria, along with sorghum, rice, and millet. Due to the challenge of water scarcity during the dry season, it has become critical to design appropriate strategies for planning, developing, and management of the limited available water resources to increase the maize yield. This study, therefore, determines the quantity of water required to produce maize from planting to harvesting and the impact of drought on maize during different growth stages in the region. Rainfall data from six rain gauge stations for a period of 36 years (1979-2014) was considered for the analysis. The standardized precipitation and evapotranspiration index (SPEI) is used to evaluate the severity of drought. Using the CROPWAT model, the evapotranspiration was calculated using the Penman-Monteith method, while the crop water requirements (CWRs) and irrigation scheduling for the maize crop was also determined. Irrigation was considered for 100% of critical soil moisture loss. At different phases of maize crop growth, the model predicted daily and monthly crop water requirements. The crop water requirement was found to be 319.0 mm and the irrigation requirement was 15.5 mm. The CROPWAT 8.0 model adequately estimated the yield reduction caused by water stress and climatic impacts, which makes this model appropriate for determining the crop water requirements, irrigation planning, and management.

• Membrane Journal
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• v.27 no.4
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• pp.291-312
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• 2017

Seawater desalination is currently considered to be one of the primary technologies to resolve the global water scarcity problem. A basic understanding of membrane filtration phenomena is significant not only for further technological development but also for integrated design, optimal control, and long-term maintenance. In this vein, the present work reviews the major transport and filtration models, specifically related to reverse osmosis phenomena, provides theoretical insights based on statistical mechanics, and discusses model-based physical meanings as related to their practical implications.

• Journal of the Korean Data and Information Science Society
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• v.22 no.2
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• pp.335-351
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• 2011

In order to resolve data scarcity problem related to crisis, Oh and Kim (2007) proposed to use stability oriented approach which focuses a base period of financial market, fits asymptotic stationary autoregressive model to the base period and then compares the fitted model with the current market situation. Based on such approach, they developed financial market instability index. However, since neural network, their major tool, depends on the base period too heavily, their instability index tends to suffer from inaccuracy. In this study, we consider linear asymptotic stationary autoregressive model and neural network to fit the base period and produce two instability indexes independently. Then the two indexes are combined into one integrated instability index via newly proposed combining method. It turns out that the combined instability performs reliably well.

• Journal of the Korea Society of Computer and Information
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• v.28 no.10
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• pp.163-170
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• 2023

The user-based collaborative filtering technique, one of the implementation methods of the recommendation system, recommends the preferred items of neighboring users based on the calculations of neighboring users with similar rating histories. However, it fundamentally has a data scarcity problem in which the quality of recommendations is significantly reduced when there is little common rating history. To solve this problem, many existing studies have proposed various methods of combining Jaccard index with a similarity measure. In this study, we introduce a time-aware concept to Jaccard index and propose a method of weighting common items with different weights depending on the rating time. As a result of conducting experiments using various performance metrics and time intervals, it is confirmed that the proposed method showed the best performance compared to the original Jaccard index at most metrics, and that the optimal time interval differs depending on the type of performance metric.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.41 no.4
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• pp.146-159
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• 2018

This study analyzed what premium features significantly affect customer satisfaction and their recommendation, and what factors significantly affect product attributes. In the process, first, the loyalty program and the customer compensation program were studied to determine the impact of the customer satisfaction and recommendation. The study analyzed that quality and design of product properties had significant effects on all factors, but the brand was not significantly affected. Second, while superiority, differentiation and scarcity of luxury items are significant to customer satisfaction but superiority is only significant in relation to recommendation intention. Third, the preceding study shows that the customer compensation program has a significant impact on sales growth, but the study found that it was not for imported luxury car customers. Fourth, if the royalties program is low in awareness, it has been analyzed that the scarcity and customer satisfaction relationships among luxury goods have been adjusted. On the contrary, if there is a high level of awareness, it is analyzed that there is a control effect customer satisfaction and differentiation among luxury brands. In the conclusion, in order to satisfy customers at the import luxury car market, the differentiation of luxury goods by standard index must be strengthened and the brand must be strengthened among the attributes of the product. In addition, by raising awareness of the royalties program, the relationship between differentiation and customer satisfaction can be enhanced.

• International Journal of Contents
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• v.7 no.1
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• pp.45-51
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• 2011

To protect water pollution and scarcity in lake and river, water quality monitoring applications have become important tools to understand the change of aquatic ecosystem. KLEON (Korean Lake Ecological Observatory Network) is designed to manage and share the ecological observations. The various kinds of water quality and phytoplankton observations are collected from the selected observatories such as seven lakes/rivers/wetlands. To deeply understand the collected observations with weather, KLEON also manages the observatory information such as lake, dam, floodgate, and weather. The accumulated observation and analyzed results are used to improve the water quality index of the observatories and encourage the ecologists' cooperation.

• East Asian Economic Review
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• v.27 no.3
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• pp.243-269
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• 2023

The multidimensional poverty index is an indicator system established for defining and evaluating poverty, to understand poverty in dimensions beyond just monetary scarcity. Based on income, education, health, living standards, and social dimensions, this article measures and analyzes the level of multidimensional poverty in Xinjiang using the AlkireFoster method, with cross-sectional data obtained from a 2022 survey. Probit model is constructed for regression analysis, further considering the impact of education on enhancing feasible capabilities and alleviating multidimensional poverty at the post-poverty alleviation era. The data shows that many people still face significant challenges from the perspective of multidimensional poverty; the decomposition results of each dimension show that education contributes more to the multidimensional poverty; the regression analysis results show that the higher the education level, the lower the multidimensional poverty; heterogeneity analysis revealed that the inhibitory effect of education on multidimensional poverty is greater for females than males, and the poverty reduction effect of education mainly concentrates on middle-aged and older individuals. This article is meaningful for exploring strategies to alleviate multidimensional poverty in ethnic minority regions in frontier areas in the new era, accelerating regional economic development, and achieving shared prosperity.

• International Journal of Advanced Culture Technology
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• v.12 no.2
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• pp.167-179
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• 2024

This study addresses the challenge of objectively evaluating the performance of early-stage startups amidst limited information and uncertainty. Focusing on companies selected by TIPS, a leading private sector-driven startup support policy in Korea, the research develops a new indicator to assess technological efficiency. By analyzing various input and output variables collected from Crunchbase and KIND (Korea Investor's Network for Disclosure System) databases, including technology use metrics, patents, and Crunchbase rankings, the study derives technological efficiency for TIPS-selected startups. A prediction model is then developed utilizing machine learning techniques such as Random Forest and boosting (XGBoost) to classify startups into efficiency percentiles (10th, 30th, and 50th). The results indicate that prediction accuracy improves with higher percentiles based on the technical efficiency index, providing valuable insights for evaluating and predicting startup performance in early markets characterized by information scarcity and uncertainty. Future research directions should focus on assessing growth potential and sustainability using the developed classification and prediction models, aiding investors in making data-driven investment decisions and contributing to the development of the early startup ecosystem.