• Journal of the Korean Institute of Landscape Architecture
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• v.36 no.4
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• pp.27-35
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• 2008

The purpose of this study was to compare and apply quantitative indices for analyzing the total green space in an urban area, targeting Guro-Gu, Seoul. The indices were classified in terms of plane, solid and urban planning. The park area per person as an index of the park green's total volume was $2.34m^2$. This clearly shows the deficiency of park area. However, it did not reflect actual green space, since undesignated forests, rivers and green spaces in the city were excluded. Green coverage area per person in terms of plane was $18.85m^2$ and was useful as an index of actual urban planting, focusing on expansion of the green space. However, the conception of total volume of park green had limitation to be recognized as a unit of area. The number of trees and green area volume per person in terms of solid was 4.1 trees and $35.8m^2$, respectively. This enabled reflection on qualitative improvement plans such as increasing the volume of trees for the high density of developed areas.

• The Korean Journal of Financial Management
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• v.27 no.2
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• pp.145-167
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• 2010

We investigate the dynamic relationship between stock returns and investors' behavior. For the putpose of the paper, daily KOSPI returns are decomposed into two parts: overnight returns and daytime returns. Overnight return is measured by the closing price of the previous day and the opening price of the current day. And daytime return is measured by the opening and closing prices of the current day. Qvernight returns are assumed to reflect global economic information, and daytime returns, domestic or local information. Major results are as follows: Foreign investors' behavior has an effect on the overnight returns more than the daytime returns. Individual investors' behavior, however, has little effect on the overnight returns, but not the daytime returns. Consequently, forecast error variance decomposition shows that the variance explanation power of foreign investors is higher in overnight returns rather than in the daytime returns. And the variance explanation power of individual investors is higher in daytime returns rather than in overnight returns. It implies that foreign investors employ dynamic hedging strategies and give more weight to global economic information rather than to domestic information. We conclude that investment behavior of foreign investors and domestic individuals is based on different economic information. This paper's findings are consistent with the economic situation that the Korean capital markets have faced since the global financial crisis of August 2008.

• Journal of the Korean Society of Hazard Mitigation
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• v.2 no.2 s.5
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• pp.73-83
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• 2002

HAZUS developed by FEMA is applied to estimation on seismic hazard in Chung-Nam Province using basic data on general building, population, and geology of well-logging. Through the investigation on historical and instrumental earthquakes in Korean Peninsula seismic hazard is estimated in Chung-Nam Province in two ways for calculation of acceleration, deterministically and probabilistically. In deterministic method seismic hazard in Chung-Nam Province is estimated by generation of the maximum event that occurs in Hongsung and has magnitude of 6.0. According to the result, Hongsung Gun, Yesan Gun, and Boryung City are the most severe in building damage. The expected number of people who need hospitalization in Hongsung Gun and Yesan Gun due to the earthquake are 1.1 and 0.4, respectively. In probabilistic(return period of 5,000 year) method seismic hazard in Chung-Nam Province is estimated. According to the result, Gongju City is the most severe in building damage. The expected number of people who need hospitalization in Gongju City and Nonsan City due to the earthquake are 0.1 and 0.15, respectively.

• Ecology and Resilient Infrastructure
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• v.2 no.4
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• pp.311-316
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• 2015

This study defined and classified no-net-loss-of-greenness (NNLG) based on the law, and then assessed the NNLG index by metropolitan cities and provinces in Korea after estimating NNLG evaluation indicators for the introduction of NNLG for health improvement of urban ecosystems. The results are as follows. First, NNLG was the comprehensive meaning that was included in the greenbelt and park greenbelt and the green area which was defined by the Act on Urban Parks, Greenbelts, etc. and the National Land Planning and Utilization Act respectively. Second, NNLG was classified as a park greenbelt which was included urban parks and greenbelts such as buffer greenbelts, scenic greenbelts, and connecting greenbelts, green areas which was included in green conservation areas, green production areas, green natural areas, and green coverage which is included forests, grasslands, and wetlands that were occupied by vegetation such as trees, shrubs, and plants. Third, NNLG index by cities and provinces was assessed based on the estimation of NNLG evaluation indicators, which included parks and greenbelt areas per capita, green areas per capita, green coverage per capita, ratio of parks and greenbelts, ratio of green areas, and ratio of green coverage. As a result, Sejong city got the highest point of NNLG index and Seoul and Daegu got lowest points of NNLG index among metropolitan cities in Korea. Chungbuk got the highest point of NNLG index and Kyonggi and Jeju got lowest points of NNLG index among provinces in Korea.

• Journal of Korean Ophthalmic Optics Society
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• v.17 no.2
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• pp.153-158
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• 2012

Purpose: The purpose of this study was to evaluate the convergence accommodation to convergence (CA/C) ratio and to investigate relationships among age, accommodative amplitude and PD (interpupillary distance) of adults in their early twenties with normal binocular vision. Methods: 44 subjects (mean age, $21.75{\pm}1.16$ years) with healthy eyes were examined. The CA/C ratios were measured by using the difference of Gaussian (DOG) target with retinoscopy. Results: The mean CA/C ratio was $0.052{\pm}0.017$ D/$\Delta$. A moderate negative correction was present between CA/C ratio and age (r = -0.50, p = 0.0005), and a highly positive correction was found between CA/C ratio and accommodative amplitude (r = 0.79, p<0.0001). There was no relation between PD and CA/C ratio. Conclusions: The CA/C ratio presented was mean value for adults in their early twenties with healthy eye between 19 and 25 years of age. There was a high correlation between accommodative amplitude and CA/C ratio. Therefore, the CA/C ratio will be useful basic information for comparison in age, gender and binocular anomalies with similar data from other countries.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.1
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• pp.216-221
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• 2011

After the year of 2000, the Korean government has abolished the limit on foreign investments. Foreign investments in the domestic market have been thriving since. In domestic stock market, the proportion of market value held by foreign investors reaches over 40%. There are many followers in the markets, asking about what kinds of the firm that foreign investors prefer. Prior researches show that foreign investors in the American and European markets prefer stocks of the firm which are well known and are geographically closer. In this paper, we attempt to define the financial characteristics of the firms in which foreigners invest in the Korean market. The result shows that foreign investors in the domestic market tend to prefer firms with high market value of capital and dividend yield. It also shows that foreign investors in the Korean market choose firms with high book value to market value over others, while the firms with high debt ratio and the portion of the largest stock holders are shunned. This research suggests that foreign portfolio investments in the Korean market have contributed to liquidity of stock market and changed the governance structure of domestic firms in a positive way.

• Journal of Cadastre & Land InformatiX
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• v.48 no.1
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• pp.215-228
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• 2018

After the housing shortage problem for the youths has invoked substantial social attention recently, Seoul's 2030 Youth Housing Program has been timely improvised and successfully providing the decent rental housing packages for the deprived youths of the City. Its housing supply rate, nevertheless, did not sufficiently catch up with the actual need of the youth group so that the program goal is seen by many to be difficult to readily achieve. In an effort to counteract such adversities, it is seen, in this study, that the clarification of the criteria that judges adjacency condition for up-zoning when a candidate housing site is adjoining to a denser land-use classes could be one effective method to augment its supply rate. This study, in this context, has performed spatial structure analyses via space syntax method against: 1) the conceptual diagram in the City's official manual that renders the acceptable adjacency conditions, and; 2) numerous real-world 2030 Youth Housing cases enlisted in the City's public notices that permit their construction. The consequences are that the axial map is not applicable whereas the convex map is adequate for the purpose at hand, and, among all the cases, those spaces that are adjacent with its Depth of less than 2 are seen to successfully satisfy the official adjacency condition for the up-zoning.

• Journal of the Korean Geographical Society
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• v.51 no.1
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• pp.89-108
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• 2016

This paper aims to illustrate how the third generation bike sharing schemes (BSS) are operated in Korea and identify the possible factors that have made cities to adopt and maintain BSS successfully in Korea. For this, the paper selects the case of Nubija in Changwon as the representative and the most successful BSS case in Korea. It identifies three major factors that have made the city to adopt Nubija. First, Nubija was initiated as a part of the bigger project of 'Environmental Capital' aiming to develop the city as a world class green city attempted by the city government. Second, the mayor's willingness to learn and adopt European model cities of environmental capital and green transportation played a decisive role in developing Nubija. Third, the city government was able to implement BSS policy in a top-down manner so the policy process was relatively speedy and effective. Also Nubijia became a stable policy because the city has gained international reputation as a Korea's representative green city, and as a result, the city's BSS policy has passed the point of no return. In the future, channels should be made for active citizen participation in the decision making process of Nubija so that they can cooperate with the city government to develop Nubija further.

• KDI Journal of Economic Policy
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• v.35 no.4
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• pp.31-61
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• 2013

The purpose of this study is to calculate the economic value of transport demand forecasting risks in the road PPP project. Under the assumption that volatility of the road PPP project value occurs only in regard with uncertainty of traffic volume forecasting, this study calculates the economic value of the traffic forecasting risks in the case of the road PPP project. To that end, forecasted traffic volume is assumed to be a stochastic variable and to follow the Geometric Brownian motion as time passes. In particular, this study attempts to differentiate itself from existing studies that simply use an arbitrary assumption by presenting the application of different traffic volume growth volatility and the rates before and after the ramp-up period. Analysis of the case projects reveals that the risk premium related to traffic volume forecast of the project turns out as 7.39~8.30%, without considering option value-such as minimum revenue guarantee-while the project value volatility caused by transport demand forecasting risks is 17.11%. As the discount rate grows higher, the project value volatility tends to decrease and volatility in project value is always suggested to be larger than that in transport volume influenced by leverage effect due to fixed expenditure. The market value of transport demand forecasting risk-calculated using the project value volatility and risk premium-is analyzed to be between 0.42~0.50, implying that a 1% increase or decrease in the transport amount volatility would lead to a 0.42~0.50% increase or decrease in risk premium of the project.

• Korean Journal of Agricultural Science
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• v.40 no.4
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• pp.347-351
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• 2013

This study was conducted to estimate the effect of sex, breed and on the basis of the records on 300 pigs of Duroc, Landrace and Yorkshire breeds raised at the National Institute of Animal Science. Yorkshire was observed to be superior to other breeds between 90 to 110 kg of body weight. Thicker backfat was estimated in the B-mode than in A-mode of 110 kgs range than in 90 kgs. Loin eye muscle area was larger in the final weight of 110kg than in 90 and the Duroc had significantly (p<0.05) larger loin eye muscle area than other breeds. Thinner backfat was observed in males than in females in both modes of backfat measurements and in both of the final weights of test. Females had significantly larger loin eye muscle area than males, and the difference between the two sexes were larger in the final weight of 110 kg than in 90 kg. Analysis models concluded that backfat thickness certainly influences the body weight gain when at 90 kgs and 110 kgs analysed with A-mode and B-mode respectively.