• 제목/요약/키워드: ANALYSIS OF THE ANNUAL GROWTH

검색결과 334건 처리시간 0.028초

주력산업에서 가치전략과 재무성과의 상관관계 (Correlation between Value Strategies and Financial Performance in Leading Industries)

  • 홍기철;박광호
    • 산업경영시스템학회지
    • /
    • 제41권1호
    • /
    • pp.70-83
    • /
    • 2018
  • Korea's five leading industries-chemical, automobile, shipbuilding, metal and electronics-have been the growth engines of the Korean economy for the last 30 years. However, with their performance weakening in the past few years, Korea's annual growth rate has dropped to less than 2%. Just as the Japanese economy struggled through the lost decades, Korea's leading industries have been facing signals of arriving at a Strategic Inflection Point ("SIP") since the mid-2000s. The objective of this study is to present an appropriate value strategy for Korean firms in leading industries to gain sustainable competitive advantages. This paper examines the following issues : First, it diagnoses the signs and timing of SIP for the five leading industries. Second, this study examines 78 Korean and Japanese firms in order to understand the adaptation strategies of the highest and lowest performing firms from a value strategy point of view. Third, it empirically analyzes the correlation between the indicators of value strategy and the accounting performances of the Korean and Japanese firms. The data set used in the cluster analysis were collected from KISLINE database of NICE Information Service and annual reports. The findings in the case analyses of high and low performing companies show that high value-added specialty chemical materials and electronic component manufacturers that had a strong focus on value creation were defined as high performing companies. And in the cosmetic and automobile industries, companies with a strong emphasis on value appropriation gained high performance. Furthermore, the study conducted a cluster analysis based on two indicators R&D and advertisement expense. The analysis shows that a significant gap exists in the operating incomes among three groups classified under the value strategy. The study recommends that Korean firms are requested to increase R&D expenditure, conduct M&A and collaborate with companies that own source technologies to narrow the technology gap and improve their segment portfolio from commodity to value-added products.

소나무 모수림 시업지의 임분구조 및 치수생육특성 (Stand Structure and Sapling Growth Characteristics of Korean Red Pine Stands Regenerated by the Seed Tree Method)

  • 이대성;최정기
    • 한국산림과학회지
    • /
    • 제110권4호
    • /
    • pp.678-688
    • /
    • 2021
  • 본 연구는 소나무 모수작업에 따른 천연갱신 조성방안 및 산림시업지침을 마련할 수 있도록 2001년 실시된 소나무 천연하종갱신 시업지를 대상으로 작업 후 18년이 경과한 시기에 표준지조사를 실시하고 임분현황 및 치수생육상태를 분석하여 생장특성 및 임분자료를 제공하고자 하였다. 연구대상지는 강원도 춘천시 동산면 원창리 내 강원대학교 학술림에 위치하고 있으며, 설치된 모수시험림에서 2018년 11월 조사된 흉고직경, 수고, 수관급, 수간형질, 수령, 수고생장량 등의 자료를 활용하였다. 분석 시 흉고단면적, 재적, 형상비와 더불어 임분상대밀도, 임목축적도 등의 추가인자를 산출하여 시업지의 현황을 분석하였다. 잔존모수는 58본/ha으로 임목축적도 17.7%이었으며, 치수는 2,330본/ha으로 임목축적도 79.0%로 진단되었다. 치수의 수령은 2001~2007년에 발아분포를 보이고 있었는데 대부분은 15~16년생에 속하였다. 치수 생육상태는 흉고직경 10 cm, 수고 8 m로 파악되었다. 수관급이 우세할수록 흉고직경과 수고가 더 크게 나타났으며, 분산분석 및 Duncan 다중비교검정에서도 수관급별 차이는 통계적으로 매우 유의하였다(p<0.0001). 형상비는 80~90% 범위에 많이 분포하였으며, 95%이상 대부분 치수의 형질은 수간이 곧고 분지가 없으며, 초두부가 부러지지 않고 병해충의 피해가 없는 양질의 형태로 파악되었다. 치수의 평균 연년수고생장량은 1년생 21.9 cm, 5년생 43.3 cm, 10년생 54.3 cm, 15년생 64.3 cm이었으며, 전체적으로 수령증가에 따라 생장량이 우상향하는 것으로 나타났다. 공분산분석 결과, 수관급별 연년수고생장량에서도 유의적인 차이가 나타났으며, 회귀분석의 파라미터 추정치는 수령이 증가하거나 수관급이 우세할수록 연년수고생장량이 높은 것으로 분석되었다.

The Effect of Banking Industry Development on Economic Growth: An Empirical Study in Jordan

  • ALMAHADIN, Hamed Ahmad;AL-GASAYMEH, Anwar;ALRAWASHDEH, Najed;ABU SIAM, Yousef
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권5호
    • /
    • pp.325-334
    • /
    • 2021
  • This study aims to investigate whether economic growth is elevated by banking industry development in Jordan. The study adopts time-series econometric methodologies, which comprise the bounds testing approach within the autoregressive distributed lag (ARDL) and the conditional causality analysis. Consistent with the assumptions of the adopted methodology, the study utilized annual time-series data for a relatively long period of thirty-nine years, between 1980 and 2018. The empirical results show that Jordan's economic growth is strongly responsive in respect to any changes in banking industry development. Also, the results reveal the harmful impact of rising lending interest rate; as this rate increases, economic growth will decrease. The findings are in line with the conceptual arguments of the supply-leading hypothesis, which confirmed that banking development is considered as one of the main pillars that have stimulating effects on economic growth. The evidence of the current study may provide important implications for policymakers and bankers. Those professionals should work to maintain a stable regulatory system that enhances the banking system function in activating economic growth. Also, a considerable focus should be placed on designing a steady interest rate policy to avoid the inherently undesirable impacts of high-interest rates on the Jordanian economy.

The Relationship Between Foreign Aid and Economic Growth: Empirical Evidence from Bangladesh

  • GOLDER, Uttam;SHEIKH, Md. Imran;SULTANA, Fatema
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권4호
    • /
    • pp.625-633
    • /
    • 2021
  • Bangladesh's growing foreign aid has sparked controversy over whether it affects the country's economic performance. This review assesses foreign aid's influence on the country's economic growth with annual data covering the 1989-2018 period. The Autoregressive Distributed Lag (ARDL) model is applied to achieve the research objective, and the empirical results indicate a substantial and robust impact of foreign assistance on economic growth. The outcome further reveal that domestic investment also contributes significantly to the country's economic evolution. However, trade openness plays a substantial positive role in the short run, although the impact is immaterial in the long run. The empirical findings indicate that the association between aid, domestic investment, and growth has a confident meaningful effect at 1 per cent level in the long run, whereas aid influences more than domestic investment. However, in the short run, aid, domestic investment, trade openness, and growth show positive and noteworthy response also at 1 percent level. This review undertakes a detailed analysis about the country's economic growth, and grounded on its outcome, this work suggests that focus should be placed more on creating domestic investment, promoting more export, and allocation of aid should be determined by the relative needs of the country.

Effect of Thermal Discharge from Semiconductor Factory into Stream on Freshwater Fish

  • Je-Bin Yu;Sun-Jib Kim
    • International Journal of Advanced Culture Technology
    • /
    • 제11권2호
    • /
    • pp.375-380
    • /
    • 2023
  • The study was conducted in Manu-stream, located in Paju, Gyeonggi-do, from January 2021 to December 2021. The survey points were selected in the upper and lower streams based on where thermal discharged to investigate water temperature and fish species and biological community analysis and growth rate were analyzed. The average annual water temperature difference between the upper and lower stream is about 11.0℃, and in the case of the lower stream area, the water temperature is maintained at 20.0℃ or more per year. Fish that appeared during the survey period decreased lower stream compared to the upper stream, which is believed to be the result of a decrease in temperature-sensitive species as the simple riverbed structure and water temperature increased compared to the upper stream. As a result of biological community analysis, it showed a relatively stable community state at the upper stream. The growth rate of fish has a high regression coefficient b value in lower streams throughout the four seasons. It showed relatively good growth lower stream, with a high water temperature. However, the results of each survey point are similar from season to season. The indicator species is a resistant intermediate species, and the range of resistance to water temperature is wide, so it is judged that water temperature's effect on the indicator species' growth is low.

한국의 석유소비, 해양유류유출사고, 경제성장의 인과관계 분석 (Causality Analysis of Oil Consumption, Oil-spills, and Economic Growth in Korea)

  • 진세준;박세헌;유승훈
    • Ocean and Polar Research
    • /
    • 제40권4호
    • /
    • pp.271-280
    • /
    • 2018
  • The purpose of this study is to examine the causal relationship among oil consumption, oil-tanker accidents, and economic growth, and to derive policy implications from the results. Therefore, this paper attempts to analyze the short term, long term, and strong causality factors pertaining to the relationship between oil consumption, oil-tanker accidents, and economic growth in Korea using time-series techniques and annual data for the 1984-2016 period. Tests for unit roots, co-integration, and Granger-causality based on an error-correction model are presented. The results show that bidirectional causality exists between oil consumption and oil-tanker accidents, between economic growth and oil consumption, and between oil-tanker accidents and economic growth. The study shows that oil was used as a core energy source during the rapid economic growth of Korea in the past, and that this caused the number of oil-tanker accidents to rise as oil consumption increased.

Molecular Analysis of Freeze-Tolerance Enhanced by Treatment of Trinexapac-Ethyl in Kentucky Bluegrass

  • Hwang, Cheol Ho
    • 한국작물학회지
    • /
    • 제44권2호
    • /
    • pp.176-179
    • /
    • 1999
  • Trinexapac-ethyl[ 4-(cyclopropyl- $\alpha$ -hydroxy-methylene)-3,5-dioxocyclohexane carboxylic acid ethylester] is a growth-retardant for plants by inhibiting a key step in biosynthesis of GA. A treatment of trinexapacethyl generally induces a reduction in vegetative growth and also inhibits heading. In addition, the trinexapacethyl was known to enhance the freeze-tolerance in annual bluegrass, however, the mechanism is not known yet. One possible reason for the enhanced freeze-tolerance may be the antifreeze protein known to be accumulated in intercellular space of the leaf during cold acclimation. In order to see the possible in-duction of the synthesis of antifreeze proteins by trinexacpacethyl, the apoplastic proteins extracted from Kentucky bluegrass treated with trinexapacethyl were analyzed by SDS-PAGE and the presence of the antifreeze protein was observed. In addition, western analysis showed the identity of the protein induced by both a cold acclimation and a trinexapacethyl treatment. It appears that an enhanced freeze-tolerance of the turf grass by trinexapacethyl is due to the synthesis and/or accumulation of the antifreeze protein similar to the enhanced freeze tolerance induced by cold acclimation.

  • PDF

입지유형별 미기후가 천연 활엽수림의 임목 생장에 미치는 영향 (Effects of Microclimate of Different Site Types on Tree Growth in Natural Deciduous Forest)

  • 신만용;정상영;한원성;이돈구
    • 한국농림기상학회지
    • /
    • 제10권1호
    • /
    • pp.9-16
    • /
    • 2008
  • 입지유형별 미기후 특성이 임목생장에 미치는 영향을 구명하고자 연구 대상지의 입지유형을 사면방향, 해발고, 그리고 지형특성 등의 총 36가지 유형으로 구분한 후, 각 입지유형별 평년 기후값을 지형기후학적 방법으로 추정한 후, 평년 기후값으로부터 임목생장에 영향을 미칠 것으로 판단되는 17개 기후변수를 입지유형별로 도출하였다. 한편 입지유형별 직경생장, 수고생장, 재적생장에 대한 정보를 얻기 위해 임분조사를 실시했으며, 직경생장량, 수고생장량, 재적생장량의 추정에 적합한 회귀추정식을 17개 기후변수를 사용하여 개발하였다. 입지유형별 직경생장량은 건조지수에 의하여 최적으로 추정할 수 있었다. 건조지수는 총강수량에 대한 연 평균기온의 비에 의하여 계산되기 때문에 강수량이 많아 수분조건이 양호한 입지조건에서 직경생장이 우수한 것으로 나타났다. 한편, 수고생장량은 건조지수와 월 평균 일조시수의 두 기후변수의 조합에 의해 잘 추정되는 것으로 나타났으며, 재적생장량 추정식에 포함된 기후변수는 건조지수와 월 평균상대습도로 밝혀졌다. 결과적으로 입지유형별 직경생장, 수고생장, 그리고 재적생장을 추정하기 위해 사용한 17개 기후변수 중에서 공통적으로 건조지수가 포함되어 입지유형별 임목생장에는 수분조건이 큰 영향을 미치는 것으로 평가된다.

Growth environment characteristics of the habitat of Epilobium hirsutum L., a class II endangered wildlife species

  • Kwang Jin Cho;Hyeong Cheol Lee;Sang Uk Han;Hae Seon Shin;Pyoung Beom Kim
    • Journal of Ecology and Environment
    • /
    • 제47권4호
    • /
    • pp.282-289
    • /
    • 2023
  • Background: As wildlife habitats are being destroyed and growth environments are changing, the survival of animals and plants is under threat. Epilobium hirsutum L., a species that inhabits wetlands, has held legally protected status since 2012. However, no specific measures are currently in place to protect its habitat, leading to a decline in remaining populations as a result of land use change and human activities. Results: The growth environment (including location, climate, land use, soil, and vegetation) of the five habitat sites (Samcheok, Taebaek1, Taebaek2, Cheongsong, Ulleung) of E. hirsutum L. was investigated and analyzed. These habitats were predominantly situated in flat areas with gentle south-facing slopes, at an average altitude of 452.7 m (8-726 m) above sea level in Gangwon-do and Gyeongsangbuk-do. The average annual temperature ranged 11.5℃ (9.2℃-12.9℃), whereas the average annual precipitation ranged 1,304.5 mm (1,062.7-1,590.7 mm). The surrounding land use status was mainly characterized by mountainous areas, and human interference, such as agricultural land and roads, was commonly found in proximity to these natural habitats. Soil physicochemical analysis revealed that the soil was predominantly sandy loam with a slightly high sand content. The average pH measured 7.64, indicating an alkaline environment, and electrical conductivity (EC) averaged 0.33 dS/m. Organic matter (OM) content averaged 66.44 g/kg, available phosphoric acid (P2O5) content averaged 115.73 mg/kg, and cation exchange capacity (CEC) averaged 23.43 cmolc/kg. The exchangeable cations ranged 0.09-0.43 cmol+/kg for potassium (K), 10.23-16.21 cmol+/kg for calcium (Ca), 0.67-4.94 cmol+/kg for magnesium (Mg), and 0.05-0.74 cmol+/kg for sodium (Na). The vegetation type was categorized as E. hirsutum community with high numbers of E. hirsutum L., Persicaria thunbergii (Siebold & Zucc.) H. Gross, Phragmites japonica Steud., Humulus japonicus (Siebold & Zucc.), and Bidens frondosa L.. An ecological flora analysis, including the proportion of lianas, naturalized plants, and annual herbaceous plants, revealed that the native habitat of E. hirsutum L. was ecologically unstable. Conclusions: Analysis of the habitat of E. hirsutum L., a class II endangered wildlife species, provided essential data for local conservation and restoration efforts.

지리산 반야봉 아고산 침엽수림의 생태적 특성 (Ecological Characteristics of Sub-Alpine Coniferous Forest on Banyabong in Mt. Jiri)

  • 조민기;정재민;임효인;노일;김태운;김충열;문현식
    • 한국기후변화학회지
    • /
    • 제7권4호
    • /
    • pp.465-476
    • /
    • 2016
  • This study was conducted to elucidate the ecological characteristics of sub-alpine coniferous forest on Banyabong, Mt. Jiri. Soil pH was 4.20. The contents of organic matter, total N, available P and CEC were 14.15%, 0.43%, 10.1 ppm and $17.17cmol^+/kg$, respectively. Sub-alpine coniferous forest had a relatively soil moisture content with 22.9%. According to the results of importance value analysis, Picea jezoensis (42.7) and Abies koreana (34.0) for tree layer, Rhododendron schlippenbachii (25.5) for subtree layer and Tripterygium regelii (18.4) and Rhododendron mucronulatum (16.6) for shrub layer were high, respectively. Shannon's diversity ranged from 0.3560 to 1.050. Evenness and dominance ranged from 0.398 to 0.733 and 0.267 to 0.601, respectively. A. koreana population had a reverse J-shaped DBH distribution, while P. jezoensis population had a normal DBH distribution. Height growth according to DBH of A. koreana was higher than that of P. jezoensis, which indicate than A. koreana have more effective water use efficiency than P. jezoensis. Annual mean tree ring growth of P. jezoensis and A. koreana showed up 1.792, 1.652, 1.389 mm/yr and 2.081, 1.921, 1.576 mm/yr for small, middle and large diameter tree, respectively.