• 월간낙농육우
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• v.28 no.5
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• pp.91-99
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• 2008

협회는 지난 3월 11일 농림수산식품에 낙농부분의 정책제안으로 '낙농산업 발전 종합대책(안)'을 제출하고 그 제시방안에 대해 농림수산식품부와 협의를 갖고 추진방안에 대해 논의를 갖는(4.17) 등 정책반영을 위한 활동을 지속적으로 전개하고 있다. 대책(안)의 내용에 따르면 현재 낙농산업의 현황과 문제점을 제기하면서 낙농산업의 안정적인 발전대책 수립을 위해 3가지 개선방향을 제시하고 있는데, 첫째, 낙농정책에 대한 비전을 수립, 국가 비전 아젠다를 설정하여 지속가능한 낙농산업으로서의 기반유지 당위성을 마련하고, 둘째, 전국단위 수급조절을 위한 계획생산제 실시 및 기구개편, 국내 유제품 시장 형성을 위한 가공원료유 한도수량제의 확대, 국산우유의 차별화를 위한 우유표기의 개선, 군급식 우유용량의 확대와 학교급식과 학교우유급식 통합(17대 대선 한나라당 정책공약), 북한어린이(학생) 우유지원 등 그 실질적인 정책마련에 해당하는 원유수급 안정화를 위한 제도 개선이 바로 그것이다. 셋째, 사료가격 안정을 위한 대책 및 목장시설 현대화 지원 확대, 낙농단지 조성을 통한 안정적 낙농생산 기반 유지, 유업체 경영합리화 방안 및 시설자금 지원, 유제품 수출지원 등을 통해 낙농.유업의 경쟁력 향상이 이뤄져야 함을 강조하였다. 월간낙농육우는 본고를 통해 낙농산업 발전 종합대책(안) 중 개선방향에 해당하는 자료를 소개코자 하니, 많은 관심을 바란다.

• Korea Trade Review
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• v.47 no.3
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• pp.141-156
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• 2022

This study intends to examine the regional blocs of the international crude oil futures market by analyzing the dynamic conditional correlation between the international crude oil futures markets using the DCC-GARCH model. For statistical data, from April 2, 2018 to March 31, 2022, international crude oil futures prices such as Europe, the United States, China, and Dubai were used. To summarize the results of the study, first, the phenomenon of regional blocs in the international crude oil futures market is occurring, and it is found that it is gradually strengthening as time goes by. Second, it was found that the dynamic correlation of the international crude oil futures market is temporarily strengthened when a supply-demand imbalance problem occurs due to a global shock. Third, it was found that the volatility of the Chinese crude oil futures market affects the international crude oil futures market. This study confirmed that the regional blocs phenomenon in the international crude oil futures market is strengthened as time goes by. In particular, it suggested that China's influence in the international oil market would increase.

• Journal of the Korean association of regional geographers
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• v.12 no.4
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• pp.475-495
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• 2006

This paper is to analyse a changing space of energy flows in Northeast Asia from geopolitical and geoeconomic perspectives that have been recently promoted for energy security of countries in this region. The research is based on an analytical framework in an integration of political ecology and political economy. Because of an ever-increasing input of energy resources for economic growth and of dramatically increasing price of crude oil and recent instability of oil market, South Korea, China and Japan have been deeply concerned with energy security and conducted very actively geopolitical strategies. And hence the space of energy flows in the region is now in a process of dynamic reconfiguration, in which the project for development of oil and natural gas fields in East Siberia and construction of pipelines to transport them can be seen as one of competitive issues among these countries. In spite of worrying about stagflation due to rapid increase of oil price, such geo-strategies for energy security and reconfiguration of space of energy flows seem to keep the accumulation of capital in this region continue with generation of huge privatized oil companies.

• International Commerce and Information Review
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• v.9 no.1
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• pp.403-425
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• 2007

The sudden emergence of China as a superpower in world politics and economics is apparently a big surprise. This, however, is not an unusual incident. As far as the Chinese are concerned, they say that China is simply running almost the same track that its neighboring countries. In the recent years, a number of experts and scholars have expected that the emergence of China as a great economic power will be argued as a major issue in world politics and economics. So its economic progress will require experts and scholars to watch carefully how China is going to change. It certainly has created an atmosphere that most of the world leaders, experts and scholars are very concerned about China's remarkable performance in its economics and then willing to accept China's rapid growth as an urgent matter. Many experts and scholars began to analyze carefully the factors that have contributed to the rapid growth. Foreign direct investment (FDI), import-export, and economic reform were then listed as the most important factors. As a result, philosophy of economics, analytical economics, and economics are immediately needed for China who is at the moment very anxious to sustain the stable and continuity of rapid economic growth. But unfortunately China does not even recognize the reason why they need to adopt these economic concepts and methods.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.8
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• pp.4863-4873
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• 2014

The Korean construction industry has played a major role among all industries despite its relative small ratio of all. The global economic crisis, however, has adversely affected the construction industry. Therefore, the Korean government implemented a corporate restructuring process to ensure the stability of the financial market. The selection standard on workout enterprises by the government is based on two perspectives: (1) external factors, including macroeconomic indices and (2) internal factors, including financial statements of private enterprises. On the other hand, if considering the characteristics of the construction industry, a certain construction company may not be evaluated only by its financial statements. In other words, a valuation process that utilizes the financial statements only can be concluded to be irrational. Accordingly, this study aims to provide the valuation model, which embraces the characteristics of workout firms, and determines their implications. To accomplish this, each enterprise valuation was measured using DCF and Black Scholes models, and by comparing such results with their market value, each enterprise was determined to be either under or over-valued. The results of this study verified that the valuations of 2 workout companies (out of 4) showed a higher value than the market value.

• International Area Studies Review
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• v.15 no.3
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• pp.239-261
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• 2011

The cyclicality of productivity has been one of the essential issues in macroeconomics. Since Solow(1957) developed the dominant approach to the measurement of productivity growth, Solow's approach, which assumes the perfect competition, the constant returns to scale, and the full use of input factor has been modified particularly in Hall's(1990) and Basu's(1996) works. Their researches take account of market power, returns to scale, and variable factor utilization. This paper establishes the empirical model based on Hall's(1990) and Basu's(1996) models, estimates 4 types of Solow's reidual in manufacturing and 2 service industries over the period 1975:1-2010:4, and analyzes the cyclicality of measured productivity. The result proved the measured productivity to be procyclical in manufacturing industries and electricity and water industry, and in contrast to the Basu's, the variable factor utilization transformed the countercyclicality of measured productivity into its procyclicality in the Korean economy.

• Korean Architects
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• s.476
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• pp.71-82
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• 2008

1970년 초에 배럴당 1불하던 원유가가 지금은 120불을 상회하고 있다. 더욱 놀라운 것은 3년 전만 하더라도 40불 이하 수준이던 것이 불과 몇 년 사이에 3배 이상 급등해 버린 것이다. 우리는 아직 유가 100불 이상의 고유가 시대에 대한 고통을 실감하지 못하고 있지만, 빠른 시일 안에 대항한 형태로 우리를 불편하게 하고, 더가서는 사회 경제 문화 등 모든 우리의 활동패턴에 근본적 변화를 일으킬 것이라는데는 어느 누구도 이의를 달지 못할 것이다. 한편 90년대만 하더라도 친환경 건축기술은 선택적 사양으로 인식되어 왔으며, 일부 고급건물 또는 데모성격의 건물에만 반영되던 미래의 기술 분야로 간주되어왔다. 하지만 10년 남짓 지난 지금 우리 주변에서 가장 흔하게 접할 수 있는 용어 중의 하나가 친환경, 지속가능, 그린, 에코 등 이며, 최근 많은 건설사가 고민하고 있는 가장 중요한 이슈가 친환경 건축 관련 기술이 되어버렸다. 최근 유가의 급등세 보다는 더디다 할 지라도 몇 년 사이에 벌어지고 있는 제도적, 사회 경제적 변화 동향을 돌이켜 볼 때 건축계 또한 매우 빠른 속도로 변해가고 있으며, 부지불시간에 유가등급과 같이 변화된 환경에 놀라는 시기가 곧 도래할 것이다. 오랜 기간 에너지 및 친환경 관련 요소기술의 개발, 정부의 지원제도 확대, 보급 강화 등 각종 노력을 통해 이제는 건축 설계분야에서도 친환경건축물에 대한 저변이 크게 확대되었다고 볼 수 있다. 하지만 실상 우리주변에서 제대로된 친환경 건축물을 실제로 보고자 한다면 두손으로 꼽기도 힘들 정도인 사실에 놀라게 될 것이다. 이러한 배경하에 이번 연재에서는 그동안 오랜기간 떠들고 노력했음에도 불구하고 실제 제대로된 친환경 건축물을 우리 주변에서 찾기 힘든 이유를 건축실무자 측면에서 재고해 보고, 이에 대한 새로운 해결방안을 모색해 보는 계기를 갖고자 한다. 특히 많은 친환경 건축기술 중 최근 선진국을 중심으로 가장 큰 이슈가 되어 있고, 또한 건축사 입장에서 쉽게 접근하기 어려운 기술분야인 신재생에너지 건축응용 측면에서 다양한 최신 기술 및 실질적 접근방법과 사례를 주제별로 제시하고자 한다.

• Environmental and Resource Economics Review
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• v.16 no.2
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• pp.239-273
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• 2007

Bunker-C is sold at the different price in the market for international bunkering and for export, though the quality of bunker-c is not much different in two markets. The price difference in two markets tends to increase since 2002 in Korea. This study shows that there is a possibility for a structural change in the price difference in two markets in Korea around June, 2002. In the search for possible explanations for this structural change, empirical analyses found that the price difference in Singapore, which had not have any explanatory power before June, 2002, has explained the price difference in Korea after July, 2002. Other explanatory variable for the price difference was the growth rate of crude oil price in the previous period. The empirical results suggest that the price difference in bunkering market and export market might be explained by the price discrimination which is adopted as a competitive strategy by oil companies in competing with Singapore.

• Journal of Korea Port Economic Association
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• v.28 no.1
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• pp.289-312
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• 2012

Shipping is a global industry, with 80% of the world's international trade of goods transported by sea. Many countries with large international trade volumes place great importance in developing their shipping industry. Recently changes in the world economy, international trade, world oil prices and other uncertainties have led to increased competition in the world shipping market. This is specially true, along the Pacific coast, where five of the world's major maritime countries, Japan, China, South Korea, Singapore and the United States are located. This paper aims to compare the international competitiveness of Japan, China, South Korea, Singapore and the United States with Port's Diamond Model and AHP analysis. The results of this research give some suggestions for international competitiveness of Chinese shipping industry, is very competitive in quantitative terms but is relatively weak in qualitative terms.

• Environmental and Resource Economics Review
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• v.20 no.4
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• pp.663-688
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• 2011

Since the liberalization of petroleum product prices in 1997, there has been persistent suspicion with regard to asymmetry in the movement of petroleum product prices in Korea. In particular, academics and consumer groups suggest that prices decided by refining companies and gas stations have moved asymmetrically compared with international petroleum product prices. The primary aim of this study is to determine, using the Error Correction Model, to perform multi-country asymmetry analysis including the United States, the United Kingdom, Germany, France, Italy and Japan. We shows that comparison of domestic prices with international prices in the six countries mentioned above revealed a fairly low level of asymmetry in those countries, although some asymmetry was found in some countries at various times within the period of analysis. To explain the different degrees of asymmetry between countries, this study looked at asymmetry in the United States, Germany and Italy and sought correlations between each country's oil industry structure and its level of competition.