• Title/Summary/Keyword: sector analysis

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Household Over-indebtedness and Financial Vulnerability in Korea: Evidence from Credit Bureau Data

  • KIM, YOUNG IL;KIM, HYOUNG CHAN;YOO, JOO HEE
    • KDI Journal of Economic Policy
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    • v.38 no.3
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    • pp.53-77
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    • 2016
  • Financial soundness in the household sector matters for financial stability and for the real economy. The level of household debt in Korea raises concern about the financial soundness of the household sector due to its size, growth rate and quality. Against this backdrop, we assess the financial vulnerability of borrowers based on an analysis of credit bureau (CB) data, in which the actual credit activities of most individuals are recorded at a high frequency in Korea. We construct over-indebtedness indicators from the CB data and then assess the predictability of forthcoming defaults. Based on the over-indebtedness indicators, we show how borrowers are distributed in terms of over-indebtedness and how the over-indebted differ from average borrowers in terms of their characteristics. Furthermore, we show how the aggregate credit risk in the household sector would change under macroeconomic distress by analyzing how each borrower's credit quality would be affected by adverse shocks. The findings of this paper may contribute to assessing household debt vulnerability and to enhancing regulatory and supervisory practices for financial stability.

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The Impact of Convergence on Business Performance;An Empirical Study on Korean ICT Sector

  • Park, Ho-Young;Chang, Suk-Gwon
    • 한국경영정보학회:학술대회논문집
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    • 2007.06a
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    • pp.780-787
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    • 2007
  • The Information and Communication Technologies (ICT) sector is undergoing a fundamental transformation. Determinant factors in this transformation process are deregulations and technological advancements. From the value chain perspective, industry convergence plays the most crucial role in the transformation of the established telecommunications and media industries. The objective of this paper is to validate the impact of convergence on the business performance using empirical data. To identify the various effects driven by industry convergence, we analyzed the relationships between firm's degree of convergence and the business performance using regression analysis. From the empirical result with the 2002-2005 data, it was found that the convergence across ICT sectors improves the business performance measured by Tobin's q significantly and this is only a recent phenomenon. These results are consistent with the conjecture that higher degree of convergence is becoming more associated with higher market value.

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A Conceptual Framework of Port Cooperation

  • Ryoo, Dong-Keun
    • Journal of Navigation and Port Research
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    • v.35 no.7
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    • pp.581-588
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    • 2011
  • Globalization of production, changing technology in ocean shipping sector, shifting bargaining power from port service provider to port users, changing distribution patterns of the containerization and new implementation for the environment and safety concerns introduced new ways of administration in port sector. In these days, port industries cannot survive alone. Port operation and management has to be proactive to cooperate and integrate with other port operators or other industries. In the 21st century, cooperation in maritime sector is more common than that in the past with several different reasons in a mixture of forms of cooperation. Cooperation among port authorities, port operators, shipping line, inland transport service providers and/or related organizations themselves becomes to exist to overcome the challenges and development of the global transport chain. This paper investigates the concept of port cooperation and the case analysis of the cooperation in the port industry.

A Comparison Analysis of Effects of System Factor on Satisfaction in Service Sectors (서비스 분야에서 시스템 요소가 만족도에 미치는 영향의 비교 분석)

  • Kim, Chong-Su
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.1
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    • pp.80-89
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    • 2011
  • In service science, it is critical to measure service satisfaction for innovating service processes, which is challenging for service sectors oriented to the usage of IT systems. For that purpose, in this study, a model based on the technology acceptance model and satisfaction measurement model is proposed. The model is empirically tested using data sets from a public service sector (G2B) and a private service sector (internet banking). The purpose of this study is to identify factors which affect the service satisfaction. The result shows that a public service sector is less sensitive to the IT systems on which its services are operated, and that the attitude factor strongly affects the service satisfaction in both sectors.

Policies for Improving the Survey of Research and Development in Science and Technology: The Case of Industrial Sector (과학기술연구개발활동조사의 개선방안 -기업부문을 중심으로-)

  • 유승훈;문혜선
    • Journal of Korea Technology Innovation Society
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    • v.5 no.2
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    • pp.228-244
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    • 2002
  • The survey of research and development (R&D) in science and technology (S&T) covers the current status of R&D activities in S&T in Korea, and provides a basis for decision making regarding S&T policy. Continuous improvement of the survey is widely needed to present reliable national basic statistics. Therefore, the purpose of the study is two-fold: to introduce sampling survey method in industrial sector and to make statistical technique to deal with non-response data from industrial sector. To these ends, first, case studies of the United States and Japan are illustrated. A new sampling design for the R&D survey is proposed and implementing stratified random sampling scheme is suggested. Moreover, statistical analysis of the non-response data is dealt with. Based on several screening criteria, we develop a new imputation method suitable for the R&D survey and also provide more detailed implementation plan. Various solutions to a problem arising from non-response item are also presented. Finally, some implications of the results are discussed.

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Optimization of Mold for Fineblanking Forming of Sector Gear for Recliner (리클라이너 용 섹터기어의 파인 블랭킹 성형을 위한 금형의 최적화)

  • Lee, K.Y.;Nam, K.W.;Moon, C.K.
    • Journal of Power System Engineering
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    • v.15 no.6
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    • pp.53-58
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    • 2011
  • To optimization of mlod for fineblanking forming of sector gear of recliner, it was analyzed the effect of clearance, V-ring height, V-ring position, blank holding force and counter punch force. In case of 0.003 mm of clearancs, the finest shear plane was obtained, but optimization between die and punch clearance was 0.005 mm. The height of V-ring was 0.7 mm. In case of increasing of hold force, the size of shear plane got better and the decrement of thickness became smaller. Both the size of shear plane and the decrement of thickness increased according to increasing of counter punch force.

Data Mining for the Effectiveness of Government Support Strategies for Technology Innovation in Service Sectors (서비스 부문의 기술혁신목적별 정부 지원제도의 활용도 분석 연구)

  • Hwang, Doo-Hyun;Kim, Woo-Jin;Sohn, So-Young
    • IE interfaces
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    • v.21 no.2
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    • pp.237-246
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    • 2008
  • In today's competitive global environment, technological innovation is an important issue. Many countries are devising national level strategies to further strengthen industrial capacity in support of innovative companies. South Korea is no exception, and multiple strategies are in place to aid innovative development in the private sector. This study postulates that such national level strategies are applied differently depending on the innovation goal pursued by the service sector in Korea. We use data mining methods to test such research hypothesis. Factor analysis is used for clustering of various service companies, while association rule is used in finding the relationship per each cluster. The results show that national level strategies are underutilized and unequally distributed. This may be attributed to the disparity between the demand and needs of the private sector and the opinion of the government, which lead to underutilized and indistinguishable strategies.

A Study on the Development of Social Indicators in the Measurement of the Information Society (정보사회 측정을 위한 사회지표 개발에 관한 연구)

  • Jeong Dong-Youl
    • Journal of the Korean Society for Library and Information Science
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    • v.24
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    • pp.221-261
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    • 1993
  • The production, storage, processing and distribution of information is fast becoming a major economic activity for many nations of the world. The basic idea of this study is that knowledge and information are becoming the strategic resources and transforming agents in the information society. Therefore, in order to cope with successfully the transition toward the information society, the development of measurement tools and social indicators is essential. The purpose of this study is to fulfill three major objectives with regard to the analysis of the information sector in the information society. (1) This study suggests the theoretical definitions and social indicators of the information society. (2) This study investigates an empirical study of the information sector consisting of information industry, information workforce, and information indicator of the selected nations. (3) It advances theoretical explanations of the major factors of the growth of the information sector, and develops theoretical hypothesis and explanations of the information society.

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Study on Current State of the Art of Serviscape in Healthcare Sector (의료분야의 서비스케이프 연구동향에 관한 연구)

  • Lee, Chang Won;Kim, Hee Soo
    • Korea Journal of Hospital Management
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    • no.spc
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    • pp.14-24
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    • 2016
  • This study is to present current research state of the art in serviscape and performance in healthcare system. Previous studies related to serviscape in healthcare sector are explored with limitations. This study conducts a content analysis with literature reviews in order to synthesize previous studies into three branch constitution dimension of the serviscape presenting the service environment. This study provides a current research state of the art and a future direction in serviscape in healthcare sector. Study results provide serviscape, customer response, satisfaction, and behavior intention in terms of healthcare settings. The patients and hospital customers as well as hospital employees should share the service experiences of the good quality in a proper service environment so that the patients and customer can satisfy and revisit the hospital.

Changing Patterns of Internal Migration of Korea and Population Movement into the Capital Region (한국의 인구이동 패턴변화와 수도권의 인구이동)

  • 최진호
    • Korea journal of population studies
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    • v.17 no.2
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    • pp.1-20
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    • 1994
  • The main purpose of this paper is to examine changes in internal migration patterns during 1960 - 1990 period, and to analyze population movement to and from the Capital Region. The overall mobility rate of the whole Korean population has heen increasing since the 1960s, and reached to 24.6% in 1985 - 90 period. The most interesting changes in the migration pattern is that Seoul lost its population through migration during 1985 - 90, mainly due to heavy outmigration to Kyonggi province. The analysis of characteristics of inmigrants to the Capital Region reveals that those moved to Seoul are more likely to be young, better educated, never married and engage in service sector in comparison with migrants moved to the suburban districts and the outlying Kyonggi province. However, on the whole migrants moved to the Capital Region are overrepresented in manufacturing sector, which suggests that more effective policy measures to control the growth of manufacturing sector in the Capital Region is called for.

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