• Title/Summary/Keyword: trading up

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A study on Living Culture of Korea through accounting records written by Song, Whasun at Hongcheon-Up in early 20th century (홍천읍 송화선(宋化善) 장기(掌記)를 통해 본 20세기 초 한국의 생활 문화 연구)

  • Cho, Imsun;Lee, Eunjin
    • Journal of Fashion Business
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    • v.21 no.1
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    • pp.148-165
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    • 2017
  • An assortment of daily supplies have been documented in and accounting book that Hwa-sun Song, a wholesale dealer in Hongcheon, Gangwon-do, sent to Young-hui Sin, a customer. This study analyzed a total of 163 documentations in the accounting book between 1910 to 1916, which includes types of daly supplies, trading volume, and prices, maintained accounting between. Consequently, we are able to indentify companies that produced the applicable goods, names of products, units by which goods were counted, and the lowest and highest prices prevailing, along with kinds of goods patronized in everyday life in Hongcheon in the early 20th century. Paper had the maximum trading volume. The second, most traded were cigarettes, a symbol of the new culture. These were traded under various brand names, such as Kkotpyo, Guksyu, Sanhopyo, Syonghak, and Joil. Foodstuffs, were the third most traded items, including fish, fruits, sugar, Waeddeok, Chilwaeddeok, Color candies and Okchyun candies. Our results indicate that the snack food business had developed since the 19th century. Lighting equipment, oil, candles, matches as well as traditional oil lamps and flints cornered the fourth largest stock being traded. Medications were fifth, with prescriptions written for Insohwan, Hoechyungsan and Siungo, including quinine, a medicine for malaria. Other trades included kitchen appliances such as soup bowls, porcelain bowls, kettles, and drinking cups, and a variety of daily supplies such as mirrors, mats, umbrellas, Geumjiwaemil, hair oil imported from Japan, and soap.

Analysis of Visiting Trade Area by College Students for Clothing Purchase using GIS - Focused on Buying Time - (GIS를 이용한 대학생 의류 구매의 상권 방문 분석 - 구매 시기를 중심으로 -)

  • Jung, Hyun-Ju;Choi, Eun-Mi
    • Journal of the Korean Association of Geographic Information Studies
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    • v.9 no.2
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    • pp.183-193
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    • 2006
  • The purpose of this study is to examine differences in college students' spatial behavior and time for purchasing (weekdays or weekends) according to trading areas they use to purchase casual wears and formal wears. An empirical research developed a questionnaire as a measuring tool to conduct a main survey. McNemar test were carried out by using the SPSS to test statistical differences in spatial buying behaviors between weekdays and weekends. ArcGIS 9.1 and ArcView GIS 3.2a program were applied to visualize the results adopting a spider display technique to understand students clothing buying behaviors. This study obtained the result of that there were differences in college students' selecting a trading area according to the time for purchasing(weekdays or weekends) clothing wears. This study implies that understanding individual clothing spatial behaviors help to set up the strategy of trade area as well as store for marketers related to the fashion industry.

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유통산업의 경쟁촉진을 위한 규제개혁 방안

  • 김성철
    • Journal of Distribution Research
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    • v.2 no.2
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    • pp.153-172
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    • 1997
  • The distribution sector is affected by a wide range of regulations. Many of these are related to health and safety, others are related to urban planning and environmental issues, whereas some mainly have an economic basis. But, regulations many be unduly restrictive, in which case they can drive up costs and ultimately prices, or they may, in some cases, reduce consumer choice. Unduly restrictive regulations could also increase costs indirectly, by reducing competition and thus lead to lower productivity growth. In the past few years, distribution sector has gone through drastic changes due to deregulation and market opening. Implementation of regulatory reforms served as an opportunity to change laws and systems which had been an obstacle to development of distribution sector. Market opening of distribution sector became a turning point to promote competition among domestic and foreign firms. However, for small and medium scale of the typical retail enterprises which were in no position to compete in terms of prices, additional facilities, and services, faced a threat of diminished trading area, and even of their existence. Because, large firms may have greater market power than small firms, as they can more easily extract favorable terms when procuring goods, and may also be able to deter entry by advertising outlays or access to the best sites. In addition, larger chain stores armied with sufficient capital dominated trading area and reduced customer's welfare by abusing their monopoly power when competing with other shops, and are often cited as an example of adverse effects of local monopoly. In order to minimize such adverse effects and to foster competition, regulatory reforms in distribution sector should set its goal to promote sound and stable distribution activities through market principle and restoring competition principle, and ultimately to boost customers welfare. Therefore, deregulation in distribution sector should be implemented in a way to promote customers welfare, eliminate entry barriers, and expand competition principle such as productivity and efficiency competition. However, it should be also recognized that deregulation of system alone is not enough to develop the distribution sector. To compete in a increasingly concentrated industry, small enterprises increasingly engage in co-operative arrangements, such as buying groups, strategic alliances or franchise agreements.

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Effects of Korea-ASEAN FTA on Export via Gwangyang Port: Application of the Panel Gravity Model and Rolling Regression (한.ASEAN FTA가 광양항 수출에 미치는 영향: 패널중력모형과 전향적 이동회귀의 적용)

  • Park, Honggyun;Kim, Changbeom
    • Journal of Korea Port Economic Association
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    • v.30 no.2
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    • pp.133-143
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    • 2014
  • The paper uses a panel gravity model to analyse the determinants of export via Gwangyang port for the period from 2000-2012. The gravity model includes export via Gwangyang port, GDP and population of trading partners, the distances between Korea and its partners, and Korea-ASEAN FTA dummy. Hausman test shows up which one is exactly appropriate between random effect estimation and fixed effect estimation to use panel dataset. It depends on whether or not existence or nonexistence of the correlation between unobserved omitted factors and variables. Fixed effect estimation is suitable for this paper by the rejection of null hypothesis. An Empirical analysis of this paper shows GDP influences positive effects and distance influences negative effects to Gwangyang port trading partners. In addition, the results strongly supported the effects of Korea-ASEAN FTA on the growth of Gwangyang port export.

The Status, Problem and Improvement Method for Cross-ownership between Agency and Production (매니지먼트사와 외주제작사간 상호겸영 실태와 문제점 및 개선 방안)

  • Kim, Jeong-Seob
    • The Journal of the Korea Contents Association
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    • v.16 no.12
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    • pp.60-69
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    • 2016
  • Korean management agency and production's size is bigger than ever applying diversification strategy since the Korean Wave started in 2000. Thus, the cross-ownership between two sectors is widespread and it's side effect such as unfair trading occurred among them. Came up with this problem, this study has focused on the analysis of the cross-ownership status of the entire Korean listed agencies and productions and the quest of the alternatives to solve the problem through in-depth interviews of the stakeholders and experts. Results showed that the horizontal regulation and American regulatory systems should be applied considering the previous law because the cross-ownership level was so high. In conclusion, it was proposed three regulatory models as follows : first, accept the cross-ownership and prohibit casting their contracted actors in their art, second, ban on the cross-ownership and allow mutual investment within a 10 to 20 percent stake, third, blanket ban on the cross-ownership and investment.

An Analysis on Import & Export pattern of the Port Traffic in the Port of Pusan by the Gravity Model (중력모형을 이용한 부산항의 해상물동량 입출항 패턴 분석)

  • Yang, Hang-Jin
    • Journal of Korea Port Economic Association
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    • v.22 no.3
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    • pp.79-96
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    • 2006
  • In this paper, using the gravity model, I examined that the port traffic in the port of Pusan have been influenced by GDP of South Korea, GDP of trading countries, an agreement on maritime transport, maritime transport charge and the local economic integration, etc. In view of the policy implication based on the result of analysis by the gravity model, the port traffic and the transshipment in the port of Pusan is positively influenced by GDP of South Korea, GDP of trading countries and countries on the way of main sea route(LINE). But it is negatively influenced by maritime transport charge. Especially, when a maritime transport charge goes up 1 percentage point, it is estimated that a transshipment decreases about 0.586-0.895 percentage point. So, a maritime transport charge was found to have more effect on a transshipment than a port traffic(except transshipment).

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The Roles of the Exchange Rate and Labor Skill Composition on Vietnam's Trade Balance Vis-à-Vis Main Trading Partners (베트남 무역수지에서 환율 및 노동숙련도 간의 상관관계분석: 주요 무역 상대국 중심으로)

  • Tan, Yan;Uprasen, Utai
    • International Area Studies Review
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    • v.22 no.3
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    • pp.85-119
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    • 2018
  • This paper investigates the effects of exchange rate and labor skill composition on Vietnam's trade balance with her twenty main trading partners. Using balanced panel data from 2000 to 2016, the authors analyze Vietnam's total trade balance and the trade balance which is disaggregated based on labor skill sophistication. Three main findings are presented. Firstly, exchange rate has a positive effect on Vietnam's trade balance, but the small value of estimated coefficient indicates that its effect is limited. Secondly, Vietnam's trade balance of the high labor-skill produced and medium-skill white collar labor-produced goods is worsened when VND (Vietnamese Dong) depreciates. Thirdly, moving up the labor skill ladder and promoting the none-price competitiveness of the high labor-skill produced and medium-skilled white collar labor-produced goods can improve Vietnam's total trade balance, while promoting the low-skill labor-produced and medium-skill blue collar-labor produced goods can no longer contribute to Vietnam's total trade balance.

A Study on Strategies Elements(4Cs) of Space Marketing Comparative Analysis for Housing Culture Center (주택문화관의 공간구성과 스페이스 마케팅 전략적 요소(4Cs)에 관한 비교 분석 연구)

  • Kim, Ji-Hye;Kong, Soon-Ku
    • Korean Institute of Interior Design Journal
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    • v.20 no.5
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    • pp.208-216
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    • 2011
  • Today, the market environment for companies around the world has been changed by globalization, digital innovation, information by opening the diversity, consumer awareness, and the development of mass media in the wide areas such as, politics, economy, society and culture. Accordingly, the function of the housing cultural center also has been changed from the Place where the trading had been made to the Space where the marketing could work. The housing cultural center is home to companies to target their corporate culture and corporate image, and the brand identity. From the space marketing standpoint, this study extracts differentiator of the housing cultural center from theoretical consideration to boom up of the housing cultural center and to build up its identification. Based on this analysis, the design identity element of the interior design of the housing cultural center is proposed by the actual and analytical cases. Such a future plan design identity elements in the design of the new housing cultural center is providing basic design guide line to recognize the importance.

A Study on the Effects of Supply of Fuel Cell Electric Vehicles(FCEV) on Trade (수소연료전지차의 도입이 무역에 미치는 효과 분석에 관한 연구)

  • Soo-Young Oh;Hyang-Sook Lee
    • Korea Trade Review
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    • v.47 no.1
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    • pp.1-12
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    • 2022
  • This study analyzes FCEV among measures to respond to climate change policies. In particular, it proposes alternatives to solve this problem in the trade industry, which relies on transportation sectors with high greenhouse gas emissions such as exports and imports of goods. Therefore, when FCEV is introduced in the transportation sector, changes in CO2 emissions, a greenhouse gas, and changes in logistics costs for changes in CO2 emissions are set through scenarios to evaluate the impact on product trade, such as imports and exports. As a result, the increase in logistics costs due to carbon dioxide emissions affected the import and export volume of goods, and when FCEV was introduced, the export volume would increase by up to 5.6%, and the import volume by up to 30%. In addition, CO2 emissions decreased to about 60% in 2050. Therefore, the introduction of FCEV in the transportation sector will greatly contribute to increasing sales in the trading industry and will be able to solve environmental problems such as greenhouse gas reduction.

KOSPI 200 Derivatives and Volatility Asymmetry of Stock Markets (KOSPI 200 파생상품 거래와 주식수익률 변동성의 비대칭성)

  • Park, Jong-Won
    • The Korean Journal of Financial Management
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    • v.23 no.1
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    • pp.101-133
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    • 2006
  • We examine whether new derivatives on KOSPI 200 affect volatility asymmetry of KOSPI 200 portfolio, relative to the carefully matched non-KOSPI 200 portfolio. To test the effect or new derivatives trading, we use GJR-GARCH model and newly developed Volatility Ratio(down-market volatility to up-market volatility ratio). Our results show that KOSPI 200 portfolio experiences lower volatility asymmetry than non-KOSPI 200 portfolio after the trading of new derivatives on KOSPI 200, especially after the introduction of stock index options(KOSPI 200 options). For non-KOSPI portfolio, no significant reduction in volatility asymmetry occurred when trading of stock index options began. Also, we find that in the period of after January 1999, the period of after do-regulations and Financial Crisis in the Korean capital market, volatility asymmetry of stock markets was significantly decreased. This means that level of volatility asymmetry is closely related to the level of market regulations. Further, the results of the paper show that leverage effect and changes in foreign exchange ratio can be good candidates for explaining the stylized volatility asymmetry in the Korean stock market.

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