• 제목/요약/키워드: variety gains

검색결과 31건 처리시간 0.029초

Substitution Elasticity and Gains from Trade Variety in South Korea

  • Kichun Kang
    • Journal of Korea Trade
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    • 제26권7호
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    • pp.1-18
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    • 2022
  • Purpose - Recent international studies have largely focused on measuring the welfare gains from increased trade varieties. To adequately capture the variety gains, it is of importance to estimate the elasticity of substitution between varieties of trade goods because it is one of the key parameters to determine the magnitude of the variety gains. Using the import data of South Korea, this paper shows that the elasticities vary substantially across the estimators, which affects the magnitude of the gains from trade. Design/methodology - Empirical studies working on the gains from trade variety have heavily depended on the estimation methods for the elasticity of substitution between trade varieties, developed by Feenstra (1994) and refined by Broda and Weinstein (2006). We estimate and compare the estimated elasticities for 8,945 HS 10 goods of South Korea, obtained from the three estimation methods: Feenstra's weighted least square (F-WLS), Feenstra's feasible generalized least square (F-FGLS), and Broda and Weinstein's feasible generalized least square (BW-FGLS). Findings - Using the estimated elasticities from the F-FGLS, considered as a suitable estimator, A typical Korean consumer saved 228 dollars per year by the greater access to new import varieties. This leads to gains from imported variety of 2.06% of GDP. In 2017, a typical Korean consumer would gain by 611 dollars, compared with 2000. China is the country with the largest contribution (28.4%), followed by Japan and USA. About 50% of all the welfare gains come from the imports from the three main trade partners. The Southern Asian countries are more important to the South Korean welfare gain than the Western European countries. Originality/value - Existing studies have chosen one of the methods without any criterion for the choice and then estimated the elasticities of substitution between varieties of trade goods. This paper focuses on the estimation specifications and methods as the cause of the disparity in estimated elasticities and welfare gains from trade variety. According to the Ramsey RESET and White tests, the F-FGLS estimates are relatively better compared to the F-WLS and BW-FGLS estimates. As another contribution, this paper provides the first measure of the welfare gains from trade variety for South Korea, using the estimated elasticities of substitution between trade varieties.

The Economic Impact of Multiple Standards in Information Communications & Technology

  • Kim, Bum-Hoan
    • International Journal of Contents
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    • 제3권3호
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    • pp.20-25
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    • 2007
  • Standards impact the economy in various ways. Moreover, intense competition exists between a variety of standards in this era of globalization. This paper quantifies the economic effect of multiple standards in the Information Communications and Technology (ICT) sector. Thus, it identifies and specifies which standard applies when economic gains exist. A model is developed which quantifies the magnitude of the economic effect of multiple standards as compared with a single standard or no standard. The model allows for both the micro- and macroeconomic gains from standardization to be quantified. Preliminary estimates indicate that at the macro level the multiple standards multiplier is approximately three. That is for every dollar invested, the gain is on the order of three dollars. Although not as robust. preliminary results indicated a similar economic gain at the micro level Overall, multiple standards dominate a single standard. This paper applies the model to IMT-2000, an example of multiple standards, to demonstrate this approach to quantify the standards economic effect.

경쟁이 효율성을 증가시키는가 : 전략산업 구조개편을 중심으로 (Competition and Efficiency : Evidence from the Korean Electricity Market)

  • 김대욱
    • 자원ㆍ환경경제연구
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    • 제17권1호
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    • pp.23-49
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    • 2008
  • 본 연구는 우리나라 전력산업의 구조개편이 발전회사의 효율성 변화에 미친 영향을 측정한다. 이를 위해 1990년부터 2005년까지의 세부적인 발전회사별 불균형(unbalanced) 패널데이터를 사용하여 기업의 비용최소화 조건으로부터 도출된 요소수요함수와 연료의 효율적인 사용을 의미하는 발열량(caloric consumption)의 함수를 추정한다. 회귀분석 결과에 따르면 발전회사는 각각 2001년 자회사로 분할된 이후와 1999년 구조개편기본안이 확정되어 발표된 이후에야 비로소 비용을 절감하고 인원을 감축한 것으로 나타났다. 그러나 발열량의 변화를 추정한 회귀방정식의 결과에 따르면 다양한 구조개편의 영향하에서도 연료사용의 효율성이 증가하지 않은 것으로 나타났다. 이러한 본 연구의 분석 결과는 그 동안 경제학자들이 꾸준히 제기하여온 전력산업의 구조개편에 대한 당위성을 실증적으로 뒷받침한다.

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퍼지제어를 이용한 유도전동기의 자기동조 PI제어기 (Self Tuning PI Controller of Induction Motor using Fuzzy Control)

  • 남수명;이정철;이홍균;이영실;정동화
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2004년도 추계학술대회 논문집 전기기기 및 에너지변환시스템부문
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    • pp.173-175
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    • 2004
  • This paper presents a novel design of a self tuning PI controller of induction motor using fuzzy control. In this approach, the fuzzy tuning of a PI controller gains is achieved through fuzzy rules deduced from many robustness simulation tests applied to several induction motors, for a variety of operating conditions such as response to speed command from standstill, step load torque application and speed variations, with nominal parameters and an changed rotor resistance, self inductance and inertia. Simulation results on a speed controller of induction motor are presented to show the effectiveness of the proposed gain tuner. And this controller is better than the fixed gains one in terms of robustness, even under great variations of operating conditions and load disturbance.

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Big Data Meets Telcos: A Proactive Caching Perspective

  • Bastug, Ejder;Bennis, Mehdi;Zeydan, Engin;Kader, Manhal Abdel;Karatepe, Ilyas Alper;Er, Ahmet Salih;Debbah, Merouane
    • Journal of Communications and Networks
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    • 제17권6호
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    • pp.549-557
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    • 2015
  • Mobile cellular networks are becoming increasingly complex to manage while classical deployment/optimization techniques and current solutions (i.e., cell densification, acquiring more spectrum, etc.) are cost-ineffective and thus seen as stopgaps. This calls for development of novel approaches that leverage recent advances in storage/memory, context-awareness, edge/cloud computing, and falls into framework of big data. However, the big data by itself is yet another complex phenomena to handle and comes with its notorious 4V: Velocity, voracity, volume, and variety. In this work, we address these issues in optimization of 5G wireless networks via the notion of proactive caching at the base stations. In particular, we investigate the gains of proactive caching in terms of backhaul offloadings and request satisfactions, while tackling the large-amount of available data for content popularity estimation. In order to estimate the content popularity, we first collect users' mobile traffic data from a Turkish telecom operator from several base stations in hours of time interval. Then, an analysis is carried out locally on a big data platformand the gains of proactive caching at the base stations are investigated via numerical simulations. It turns out that several gains are possible depending on the level of available information and storage size. For instance, with 10% of content ratings and 15.4Gbyte of storage size (87%of total catalog size), proactive caching achieves 100% of request satisfaction and offloads 98% of the backhaul when considering 16 base stations.

중국 사이버대학의 서비스 특성화가 성과에 미치는 영향에 관한 연구 (A Study on the Influencing factors of Cyber Universities' Performance in China)

  • 장위건;권순동
    • 벤처창업연구
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    • 제11권4호
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    • pp.91-101
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    • 2016
  • 본 연구의 목적은 사이버대학의 성과에 영향을 미치는 서비스 특성화 요인을 찾는 것이다. 본 연구에서는 사이버대학의 성과를 교수, 졸업 및 취업, 브랜드 이미지 측면에서 접근하였고, 선행연구를 토대로 하여 사이버대학의 성과에 영향을 미치는 서비스 특성화 요인으로 콘텐츠 다양성, 콘텐츠 품질, 콘텐츠 실무지향성, 강의 실재감, 학습관리를 도출하였다. 연구모형을 검증하기 위해 중국의 사이버대학에 재학 중인 대학생들을 인터넷 설문을 배포하여 총 170부의 유효설문을 수집하여 실증 분석하였다. 실증 분석한 결과, 다음과 같은 다섯 가지의 연구결과를 확인하였다. 첫째, 콘텐츠 다양성 수준이 높을수록 사이버대학의 성과는 높아지는 것을 확인하였다. 둘째, 강의 콘텐츠 품질이 우수할수록 사이버대학의 성과는 높아지는 것을 확인하였다. 셋째, 콘텐츠 실무 지향성이 높을수록 사이버대학의 성과가 높아지는 것을 확인하였다. 넷째, 강의 실재감이 높을수록 사이버대학의 성과는 높아지는 것을 확인하였다. 다섯째, 학습관리 수준이 높을수록 사이버대학의 성과가 높아지는 것을 확인하였다. 지금까지는 사이버대학에 관한 선행연구들은 주로 학습자의 학습성과 향상 방안을 찾는데 초점이 맞춰져 있었다. 그러나 본 연구에서는 이러한 선행연구와 달리 사이버대학의 비즈니스 모델 측면에 초점을 두고 접근하였다. 왜냐하면 교육 분야의 경쟁이 점차 글로벌 경쟁으로 심화되고 있어 기존의 비즈니스 모델로는 한계가 있어 새롭게 재검토할 필요가 있기 때문이다.

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계자코일 파라메터추정 기법을 이용한 동기발전기의 성능개선 (Performance Improvement of Synchronous Generator using Exciter Control with Field Coils Parameter Estimation Technique)

  • 강성현;박성미;이화춘;박성준
    • 조명전기설비학회논문지
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    • 제27권4호
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    • pp.31-40
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    • 2013
  • This paper proposes a performance improvement of synchronous generator using exciter control with field coils parameter estimation technique. In general, the generator excitation system controller uses the PID controller. When the Field winding impedance changed, the PID gains must be changed. General method is difficult to apply varying capacity of the synchronous generator. The proposed control method determine automatically measure the internal impedance of the synchronous generator's exciter and configure the controller. This method can be applied regardless of the generator capacity. So it is possible to apply a variety of synchronous generator systems. The validity of the proposed algorithm is verified by simulations and experiments.

일반균형하(一般均衡下)의 자본자산(資本資産)의 가격결정(價格決定) (An Incomplete Information Structure and An Intertemporal General Equilibrium Model of Asset Pricing With Taxes)

  • 이일균
    • 재무관리연구
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    • 제8권2호
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    • pp.165-208
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    • 1991
  • 관측가능 확률과정, 관찰가능변수를 통한 확률과정의 형성과 조세를 중심으로 이 논문은 연속시간의 틀 속에서 재화시장의 수요 및 소비와 생산부문과 자본시장의 수요와 공급을 국민경제에 도입한 일반균형(一般均衡)의 경제분석방법(經濟分析方法)에 의하여 자본자산(資本資産)의 가격(價格)을 결정(決定)하는 일반모형(一般模型)을 제시한다. 이 모형에서는 특히 자본자산의 가격결정에 조세(租稅)가 미치는 영향을 심도있게 분석한다. 이 논문에서는 생산과 소비 그리고 자본자산의 수요와 공급 둥을 결정하는 변수들이 확률과정(確率過程)을 따르는데, 이 변수들을 직접 관찰할 수 있는 경우에 형성되는 자본자산(資本資産)의 가격결정모형(價格決定模型)을 정립한다. 그리고 확률과정의 변수를 직접 관찰할 수 없고 간접적으로 관찰할 수 있을 때에는 간접관찰이 가능한 변수와 확률과정의 변수와의 관계를 정립한 확률과정을 형성하여 자본자산(資本資産)의 가격결정모형(價格決定模型)을 정립한다. 이 모형에는 자산의 가격과 확률적 성질이 모형내에서 결정된다. 이 모형은 증권(證券)의 가격결정(價格決定), 이자율결정(利子率決定), 이자율(利子率)의 기간구조분석(期間構造分析), 이자율(利子率)의 위험구조분석(危險構造分析), 선물가격(先物價格)의 결정(決定) 등 다양하게 이용될 수 있다.

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PDFF Controller Design by CDM for Position Control of Traveling-Wave Ultrasonic Motor

  • Nundrakwang, S.;Isarakorn, D.;Benjanarasuth, T.;Ngamwiwit, J.;Komine, N.
    • 제어로봇시스템학회:학술대회논문집
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    • 제어로봇시스템학회 2003년도 ICCAS
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    • pp.1847-1852
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    • 2003
  • Ultrasonic motors have many excellent performances. A variety of ultrasonic motors has been developed and used as an actuator in motion control systems. However, this motor has nonlinear characteristics. Therefore, it is difficult to achieve the precise position control system incorporating with the ultrasonic motor. This paper describes a position control scheme for traveling-wave type ultrasonic motor using a pseudo-derivative control with feedforward gains (PDFF) controller designed by the coefficient diagram method (CDM). The PDFF control system satisfies both the tracking and regulation performances, which are the most important for the precise position control system. The CDM is shown to be an efficient and simple method to design the parameters of PDFF controller. The effectiveness of the proposed control system is demonstrated by experiments.

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The Effect of Increasing Control-to-case Ratio on Statistical Power in a Simulated Case-control SNP Association Study

  • Kang, Moon-Su;Choi, Sun-Hee;Koh, In-Song
    • Genomics & Informatics
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    • 제7권3호
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    • pp.148-151
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    • 2009
  • Generally, larger sample size leads to a greater statistical power to detect a significant difference. We may increase the sample size for both case and control in order to obtain greater power. However, it is often the case that increasing sample size for case is not feasible for a variety of reasons. In order to look at change in power as the ratio of control to case varies (1:1 to 4:1), we conduct association tests with simulated data generated by PLINK. The simulated data consist of 50 disease SNPs and 300 non-disease SNPs and we compute powers for disease SNPs. Genetic Power Calculator was used for computing powers with varying the ratio of control to case (1:1, 2:1, 3:1, 4:1). In this study, we show that gains in statistical power resulting from increasing the ratio of control to case are substantial for the simulated data. Similar results might be expected for real data.