• Korea Real Estate Review
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• v.27 no.3
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• pp.23-40
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• 2017

This study examined the motive and incentive for the disposal and purchase of corporate real estate assets based on the various firm characteristics. It was empirically found that firms with a higher leverage ratio, lower cash holdings, and lower sales growth are more likely to dispose of their real estate assets. This implies that financial constraints, internal reserves, and growth opportunities are important factors affecting the corporate decisions regarding the disposal of real estate assets. Meanwhile, it was found that firms with a lower leverage ratio have a higher probability of purchasing real estate assets, suggesting that a stable financial structure enables firms to acquire more of such assets. Using the transaction amount of corporate real estate assets, consistent results were found. While varied opinions on the utilization of corporate real estate assets have been raised, this study broadened the understanding of such by performing rigorous analyses. The result of this study would have practical implications in terms of the introduction of regulations or the establishment of business strategies related to corporate real estate assets.

• Korean journal of communication and information
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• v.37
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• pp.270-306
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• 2007

This study examines the economies of promotion gifts in the newspaper industry. Because of the oligopolistic structure, the newspaper industry shows highly concentrated market. Under the certain circumstance, the dominant firms are struggling to become the market leader by providing unlawful promotion gifts and unbearable price discount which yields the prisoner's dilemma. Ultimately, in spite of the criticism about their unlawful behaviors, the dominant firms choose the fierce competition with high costs. On the other hand, the remaining fringe firms do not have many strategic choices due to the limited financial capacity. They cannot provide free gifts or any other incentives to the subscribers. Even worse, because advertisers and subscribers also prefer promotional gifts as a rational choice, the distorted mechanism has been sustained in the newspaper industry. Thus, governmental interventions hardly achieve the goal of controlling unfair trade. This study examines the structure, strategic behaviors of the players, and the unintended consequences leading to the dilemma on promotional sales in the newspaper industry.

• KDI Journal of Economic Policy
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• v.34 no.4
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• pp.157-188
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• 2012

We study the relationship between the closedness of public service recruitment system and the corruption rampant between private firms and public servants. Empirically we test our claim that the closedness of public service recruitment system tends to heighten the corruption level of each country. Our results show that the closedness is positively correlated with bureaucracy corruption levels indexed by IMD, WEF, and World Bank.

• Environmental and Resource Economics Review
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• v.12 no.3
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• pp.397-425
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• 2003

This paper develops a simple theoretical model that is consistent with the empirical evidence of an inverted U-shpated relationship between pollution and per capita income, which is so-called environmental Kuznets curve in this literature. Also, by incorporating the issue of environmental externality into an endogenous growth model, I investigate the circumstances under which growth can be sustained with the optimal control of pollution, and hence the sustainable development can be achieved. In order to study the problem of implementing the social optimum in a market economy, I examine the optimality of three different kinds of environmental policy instruments; pollution tax, pollution-permit trading system (pollution voucher), and direct regulation. This paper shows that the optimum can be implemented with a pollution tax or with a voucher system. Also, it is shown that the socially optimal rate of pollution tax should increase proportionally to the growth rate of consumption.

• Proceedings of the Korea Information Processing Society Conference
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• 2007.05a
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• pp.564-567
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• 2007

최근 들어 규제완화가 된 전력산업에는 전력시장과 수요자의 등장으로 전력시스템의 참여구성에서 큰 변화를 보이고 있다. 따라서 일방적인 에너지 공급이 주요 서비스였던 과거와는 달리 시장의 개설과 더불어 전력에너지 공급자가 다수 등장함에 따라 수요자에 대한 서비스의 개발이 필요한 실정이다. 이와 같은 수요자에 대한 서비스들은 전력공급이외에 수요자에게 제공할 수 있는 부가서비스를 의미한다. 따라서 수요자가 요구하는 전력 부가서비스의 개발은 다수가 존재하는 공급자에게 경쟁력 제고를 위한 필수요소가 될 수 있다. 현재 전력시장이 활성화된 해외의 경우에는 여러 가지의 부가서비스를 개발하고 있고 또한 운영도 하고 있다. 그러나 국내의 경우에는 아직 수요자를 위한 서비스의 제공보다는 전력시스템의 운영을 위한 신뢰도 기반의 공급자위주의 제한적인 서비스만이 이루어지고 있다. 따라서 수요자를 요구사항을 만족하고 또한 부가가치를 창출 할 수 있는 진정한 전력 부가서비스는 아직 개발되지 못하고 있는 실정이다. 본 연구는 향후 전력서비스 제공시 경쟁력 제고의 필수 요소가 될 수 있는 부가서비스의 개발을 하기 위한 기반 구축을 위한 수요자의 서비스 관련 요구 및 필요사항을 조사 분석 하였다.

• The Journal of the Korea Contents Association
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• v.15 no.6
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• pp.81-90
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• 2015

During the last 25 years, independent TV production programing quota policy has been actively evaluated in various aspects except in the field of production personnel. This study focuses on production personnel who has been neglected among the debate of independent TV production programing policy. Especially, this study tries to explore the effect that the policy has brought to production personnel's motivation. After in-depth interviews with 4 professionals and 6 media major senior college students, this study finds that both broadcasting and independent company professionals evaluated the policy performance in negative way. They insist the policy constricts their motivation for production. College students agreed they become unwilling to entering the production filed. The policy should be reconsidered and turn to positive incentives and rewards to motivate production personnel.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.38C no.1
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• pp.78-88
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• 2013

In Korea, no institutional tool or regulation exists by which a retail business in charge of gathering and maintaining subscribers can be guaranteed independence from the wholesale business division of a fixed incumbent provider of essential facilities such as ducts, poles and copper or fiber cables, which may also be offering the same products to its rivals. For that reason, a wholesale division may have an incentive to intentionally disrupt the sharing of facilities requested by competitive operators in cooperation with the retail division. Ultimately, the facility sharing process will remain inactive when there is a lack of equivalent access to the fixed access network. Therefore, this paper analyzes recent cases of access network separation and suggests long-term measures for the successful implementation of the sharing of facilities.

• Proceedings of the Korean Information Science Society Conference
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• 2005.07b
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• pp.841-843
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• 2005

최근에 들어서 전력산업에 규제완화가 도입되면서 환경이 급변하고 있는 실정이다. 여러 가지의 환경변화가 예상되지만, 그 중에서도 공급자간에 경쟁 도입이 전력산업 참여자간에 주요 이슈로 부상하고 있다. 이와 같은 변화는 전력시스템의 기술 개발 뿐만 아니라 경영전략에도 큰 영향을 미치고 있으며, 대 수요자 서비스의 제공이 전략의 핵심이 되고 있다. 따라서 공급자는 보다 나은 서비스를 제공하기 위해서, 수요자 정보의 수집 및 분석을 해야 할 필요가 있다. 이와 같은 수요자 정보의 분석은 여러분야가 있지만 그 중에서도 수요특성을 파악하는 것이 가장 기본이 된다. 수요 특성은 원격검침시스템에서 수집되는 load profile 데이터로써 표현된다. 본 논문에서는 전력 수요자의 부하 특성을 분석하고 명가하기 위하여 수요특성별로 그룹으로 분류하는 방법을 개발하고, 분류된 그룹의 특징을 검토하였다. 이와 같은 부하분석의 정보는 가격설계, 수요 핀 에너지 예측, 송전 및 배전 계획, 에너지 효율 향상 및 부하관리의 필수 자료가 된다. 또한 향후에 개발될 전력 부가서비스의 주요 기반이 될 것으로 예상된다.

• Korean Journal of Environmental Biology
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• v.22 no.2
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• pp.259-264
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• 2004

Convention on Biological Diversity has authorized national sovereignty over biological resources so that legislative framework should be established. In biological resources management, the access to biological resources and the benefit sharing arising out of their utilization are two most important steps. Bonn guidelines adopted by the 6th COP of the Convention on Biological Diversity contain MAT (Mutually Agreed Terms) and PIC (Prior Informed Consent) indispensable to implement the access and benefit-sharing process. MAT is contractual agreement between provider countries and use entities while PIC is a specific measure associated with consent prior to access to biological resources. Moreover, the guidelines include the responsibilities of national focal point and competent national authority, incentives and so on. Our laws related to access to biological resources have no items on benefit-sharing and intellectual property rights. The role of the competent national authority is very important to coordinate the organization controlling information availability, opening to the public, and intellectual property rights with other stakeholders. But, the national regulations must not interfere with academic studies on biological diversity and disobey the two objectives of the Convention on Biological Diversity, the conservation of biological diversity and its sustainable use.

• Journal of Environmental Policy
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• v.8 no.4
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• pp.149-169
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• 2009

Integrated Pollution Prevention and Control(IPPC) has become an idealistic environmental prevention concept in developed countries and corresponds with principles of Industrial Ecology. The concept of emissions regulatory integration is a key factor for an integrated environmental management system. While most EU member countries have a cross-media regulatory system, Korea has a media-specific regulatory system which was found to have significant environmental management problems. The purpose of this study is to integrate the emissions regulatory system by resolving difficulties through procedural, organizational, and substantive analysis of integration. To this end, the following research was performed: The first task was to determine the target of the integrated emissions regulatory system. In connection with this, the "IPPC directive" of the EU and the "PPCA 2000" schedule 1 of the UK, as well as environmental laws in Korea were compared and analyzed. The second was to design a regulatory system model. This model was divided into three groups after considerations were made regarding the time it would take for the pre-application,application, and permission stages. Lastly, on the basis of this research, a revised bill for an integrated emissions regulatory system was suggested. Nevertheless, substantive analysis of integration focused on BAT requires supplementation in order to make the integrated emissions regulation system operate normally as an environmental management policy and regulation method. To this end, the specific characteristics of Korean society, culture, and law should be actively considered.