• Title, Summary, Keyword: Capital Gains

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An Earnest Dream for Survival Development of Housing / Urban area -Reflection on Rebuilt ann Redevelopment conducts- (살만한 집(건축) .살만한 도시로의 꿈)

  • 전상백
    • Journal of the Korean Professional Engineers Association
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    • v.33 no.2
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    • pp.12-17
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    • 2000
  • The rebuilt and redevelopment projects conducted these days surely have invited overpopulation. Its one of the culprits is the municipal ordinances which allow the floor to site area ratio to increase from 200% to 400% in a decade and the adjacent distance ratio from 1.25 to 0.8 times of height of building. Possible solutions for the overpopulation problem are as below. - The floor to site area ratio should be regulated adaptively according to various regional localities. - Draw back the capital gains coming from a rebuilding project For evaluation process; - Select a suitable plan from plurality of proposals - Gradually encourage projects towards remodeling system in the near future

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Break-even Analysis with Learning Effect Under Inflation

  • Kim, Ji-Soo;Kim, Jin-Wook;Rim, Jeong-Mook
    • Journal of Korean Institute of Industrial Engineers
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    • v.14 no.1
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    • pp.91-101
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    • 1988
  • Break-even analysis is a simple and useful tool in decisions and planning activities though its use is somewhat limited to short-term analysis. The subject is discussed in the fields of engineering economics, production management, cost and managerial accounting, finance, marketing, and so on. Conventional break-even analysis suits the case of stable price and low interest rate. In this paper, we try to overcome the limit by considering following factors, namely, time value of money, depreciation, tax, and capital gains. Also, considering learning effect, we increase applicability to a new project which raises certain changes such as a replacement of production process, an employee turnover, etc. Thus, we suggest a model which has a dynamic break-even quantity per period for the project. Furthermore, we examine the effect of inflation in break-even analysis.

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Supervisory Control of Multi-Echelon Production-Distribution Systems with Limited Decision Policy (I)-Control Algorithm-

  • Jeong, Sang-Hwa;Kim, Jong-Kwan;Oh, Yong-Hun;Ryu, Sin-Ho
    • Journal of Mechanical Science and Technology
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    • v.14 no.4
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    • pp.369-379
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    • 2000
  • In industrial production-distribution systems, production and purchasing rates, associated inventories, and sales are very critical for the profits of each component in the system. The objective of this study is to investigate an effective information control scheme for a production -distribution system by automatic feedback control techniques. In this work, a dynamic control scheme that has an integrated -error with state-feedback and filtering (ISFF) is proposed as a new algorithm for a dynamic controller. Generalized formulations of the dynamic control are proposed in the continuous-time and discrete-time cases. A methodology for an evaluation of ISFF controller gains using the eigen structure property is presented. When an upper-limit is imposed on the production capability by available factory space and capital equipment, supervisory control is provided to avoid integrator-windup and deterioration of system performance.

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International Outsourcing, Unemployment and Welfare: A Re-Examination

  • Choi, Jai-Young;Yu, Eden S.H.
    • East Asian Economic Review
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    • v.23 no.3
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    • pp.261-284
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    • 2019
  • This paper explores the ramifications of international outsourcing on unemployment, income distribution and welfare, which is an important but yet unresolved issue. Using the well-known Harris-Todaro (1970) model of sector-specific unemployment, it shows that the effects of outsourcing on employment, income-distribution and welfare depend on the sector in which the outsourcing occurs, whereby sectoral factor intensities, unemployment-outsourcing response and the dynamic stability condition play crucial roles. In particular, outsourcing in the manufacturing (primary) sector widens (narrows) income inequality by increasing (decreasing) the sectoral wage gap and raising (not affecting) the rental income of the capital owners in the economy. Moreover, outsourcing in the manufacturing (primary) sector can be welfare-decreasing (is always welfare-increasing) due to its negative (positive) employment effect mitigating (reinforcing) the primary gains from the outsourcing.

Housing Price Stabilization by Apartment Reconstruction with; Tightening rules to restrict demand? or Alleviating rules to increase supply? (집값 안정을 위한 재건축 규제인가? 재건축 완화인가?)

  • Lee, Sun
    • Journal of the Korean Professional Engineers Association
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    • v.39 no.3
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    • pp.32-35
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    • 2006
  • The recent speculation fever in Kangnam have been cooled down by the August 31 heavy taxation tool for curbing speculators. Another March 30 real estate control equipped with high capital gains tax up to 50% was targeting reconstruction projects of dilapidated apartment complexes mostly inside of Kangnam area. The shortage of larger unit supply with its high demand results in price polarization problem. It makes higher price for larger units and less price for smaller units, and therefore higher priced home owners become richer and lower priced home owners become poorer. To avoid the polarization problem and anther probable price hikes in the near future, it may be suggested to supply quality homes by loosening the tight rules for the apartment reconstruction project, and thereby kangnam housing price stabilization can be achieved.

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An Empirical Study on the Housing Affordability of Multi-Family Dwellers

  • Jin, Mee-Youn;Yoon, Bok-Cha
    • Journal of the Korean housing association
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    • v.10 no.3
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    • pp.221-229
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    • 1999
  • The purpose of this study is to investigate the housing affordability of multi-family dwelling in Seoul and to systemize the housing expenditure patterns and housing affordability according to household and housing characteristics. Housing expenditures are basically composed of the payments of four major items. including utilities. home alteration and interior furnishing. home mortgage debt. and monthly rent. Housing affordability index as operationally defined in this study is Housing Expenditure-to-Income Ratio (HEIR). The ratios were computed for each of the four housing expenditure items. Data for 465 multi-family dwellers were gathered from the structured questionnaire. The results showed the differences between household and housing characteristics on housing expenditure levels and HEIR. In addition. this differences had influence on future housing choice behavior. The analysis on the variables of housing choice behavior showed the result that user cost considering capital gains were less important. comparing those of early 1990's.

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A Free Trade Area of the Asia Pacific (FTAAP): Is It Desirable?

  • Kim, Sangkyom;Park, Innwon;Park, Soonchan
    • East Asian Economic Review
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    • v.17 no.1
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    • pp.3-25
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    • 2013
  • This paper evaluates whether the proposed FTAAP is a desirable policy option for APEC member economies and the world economy. More specifically, this paper qualitatively investigates whether the FTAAP satisfies conditions for a trade bloc to generate positive and sufficient net trade creation effect. In addition, this paper estimates the likely impact of the FTAAP by using a CGE model analysis. From the qualitative analysis based on statistical data, this paper strongly argues that the FTAAP can be a desirable regional trade bloc able to generate positive gains from freer trade. From the ex-ante scenario analysis using both static and capital accumulation CGE Models, this paper concludes that the FTAAP has great potential for improving welfare of participating APEC economies and will boost economic growth in the region. In particular, the FTAAP would be even better if it can be linked with liberalization of trade in services and enhanced trade facilitation.

Cloud Radio Access Network: Virtualizing Wireless Access for Dense Heterogeneous Systems

  • Simeone, Osvaldo;Maeder, Andreas;Peng, Mugen;Sahin, Onur;Yu, Wei
    • Journal of Communications and Networks
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    • v.18 no.2
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    • pp.135-149
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    • 2016
  • Cloud radio access network (C-RAN) refers to the virtualization of base station functionalities by means of cloud computing. This results in a novel cellular architecture in which low-cost wireless access points, known as radio units or remote radio heads, are centrally managed by a reconfigurable centralized "cloud", or central, unit. C-RAN allows operators to reduce the capital and operating expenses needed to deploy and maintain dense heterogeneous networks. This critical advantage, along with spectral efficiency, statistical multiplexing and load balancing gains, make C-RAN well positioned to be one of the key technologies in the development of 5G systems. In this paper, a succinct overview is presented regarding the state of the art on the research on C-RAN with emphasis on fronthaul compression, baseband processing, medium access control, resource allocation, system-level considerations and standardization efforts.

A Feasibility Study on Semi-Cash Payment of Construction Subcontracting (건설 하도급공사에서 현금성결제수단 적용의 타당성 분석)

  • Koo Jeong-San;Jung Sung-Hun;Um Ik-Joon;Koo Kyo-Jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • pp.311-316
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    • 2004
  • According to subcontracting company's capital circumstanre change for the worse by price regionalism and long bill supply and demand, bill principal parts settlement means were introduced. But, performance disgrace is inactive except some corporation. The purpose of this study is presenting loss and gain datum point that is standard of economical price disbursement means at construction subcontracting construction price settlement connection corporation purchaser gold Beaning means application and supply basis data. economical gains by high cash specific gravity

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A Study on the Improvement of Capital Gains Tax Act through the Analysis of the Precedents of the cases of the lawsuit - Focusing on the transfer of inherited and donated property - (행정소송판례 검토를 통한 양도소득세법 개선방안 - 상속·증여받은 자산의 양도를 중심으로 -)

  • Yu, Soon-Mi;Kim, Hye-Ri
    • Management & Information Systems Review
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    • v.38 no.4
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    • pp.61-78
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    • 2019
  • When calculating gains from transfers of assets inherited or donated, the value recognized at the market price as of the date of inheritance or acquisition is recognized as the actual transaction value at the time of acquisition. However, Precedents for the appeal for review by the NTS, the request for adjudgment by the Tax Tribunal(TT) and the request of examination by the Board of Audit and Inspection of Korea(BAI) and the cases of the lawsuit have not shown a consistent results on how much such a the actual transaction value will be measured. This study investigates the operating state of the current tax appeal system using the statistical data of the TT, NTS, and BAI and cases of the lawsuit from 2008 to 2017, and suggests the Improvement of Capital Gains Tax Act on the transfer of inherited and donated property. As a result, total number of requested cases has diminished because cases of the pre-assessment review and the reconsideration appeal by the NTS have decreased steadily over the past decade, while the cases of the lawsuit and the administrative trials(the request for adjudgment by the TT, the appeal for review by the NTS, and the request of examination by the BAI) have been steadily increasing. Also This study found that more than 40% of the complainants proceeded with the cases of the lawsuit proceedings in disagreement with the disposition of tax dissatisfaction under the administrative trials. In addition, Even though the retrospective appraisal price is not recognized as the market price due to the strict interpretation of the tax regulations, it can be seen that it is interpreted as a more expanded concept in the application of the market price than the government office or the tax judge. Therefore, according to the precedents of the cases lawsuit, it is necessary to establish a regulation on the recognition of retroactive appraisal value.