• 동남아시아연구
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• 제21권2호
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• pp.125-153
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• 2011

본 논문에서는 아시아 경제위기(1997-2000)와 글로벌 경제위기(2007-2010)의 양대 경제위기 이후 진행된 동남아시아 지역의 달러화 현상에 대해 후발국이면서 체제전환국 성격이 강한 캄보디아, 라오스, 베트남을 중심으로 분석하였다. 이를 위해 로하스-수아레즈(Rojas-Suarez 1992) 모형을 활용하여 양대 경제위기의 위 3개국의 달러화 현상에 대한 영향을 비교 분석하였다. 동 모델에 의하면 경제위기는 자국화폐에 대한 신뢰를 떨어뜨려 자국 화폐가치에 대한 예상평가절하율(예상환율상승률)이 크면 클수록 자국화폐 대비 달러화에 대한 수요는 증가될 것으로 예상된다. 분석 결과 아시아 경제위기의 경우 모델의 예상대로 자국 화폐의 예상평가절하 시 달러화의 수요를 나타내는 탄력성 계수가 통계적으로 유의하였다. 국가별로는 캄보디아, 라오스, 베트남의 순서로 탄력성이 크게 나타났으며 이는 각 국의 달러화 수준과 비례하는 결과이다. 이에 비해 글로벌 경제위기의 경우에는 캄보디아를 제외하면 탄력성 계수가 유의하지 않은 것으로 나타났다. 또한 캄보디아의 경우에도 탄력성 계수가 아시아 경제위기의 경우에 비해 감소된 것으로 나타났다. 이러한 결과는 달러화 현상에 있어서 아시아 경제위기에 비해 글로벌 경제위기의 영향이 상대적으로 작다는 것을 의미한다. 이는 동남아시아에 대한 글로벌 경제위기의 부정적 영향이 상대적으로 작았다는 기존의 연구들의 주장과 일치한다.

• The Journal of Asian Finance, Economics and Business
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• 제9권4호
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• pp.191-196
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• 2022

From several socioeconomic perspectives, the present health crisis can be connected to the 2008 financial and economic catastrophe. Governments worldwide are working hard to keep the markets in check, as evidence suggests that the health crisis may soon become an economic crisis. This paper aims to analyze the effect of COVID-19 on the selected stock market. Using a panel of daily COVID-19 confirmed cases and deaths and the stock market from 22 developing countries, we exploit an oil price as a shock to the stock market and examine the effect of COVID-19 on the slowdown of the stock market. We find a negative and significant impact of COVID-19 on the stock market in the first stage till April. However, there is no net influence on the stock market downturn when we extend the period. However, further study suggests that the outbreak's negative influence on the selected stock market has diminished and has begun to decline as of mid-April. As a result of the COVID-19 effect on the chosen stock, our findings imply that the government in the chosen market should consider a regulatory mechanism to reduce the stock market slowdown induced by the pandemic COVID-19.

• 산경연구논집
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• 제13권9호
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• pp.27-36
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• 2022

Purpose: The coronavirus pandemic has affected the tourism industry in a big way. The travel industry suffered intense damage from the pandemic and procedures acquainted to containing its spread because the pandemic outbreak has led to a decline in the number of tourists and a change in their behavior. At this point, this research is to investigate adequate solutions for tourism industry to overcome the crisis in a post-Covid 19 era. Research design, data and methodology: The current author gathered data from each included study to analyze and summarize the evidence when conducting a literature analysis. This stage involves gathering and reviewing intricate texts databases for the meta-analysis. Results: The current author found total five solutions from numerous literature contents, suggesting how to overcome the crisis in a post-Covid era for tourism industry. Solutions as follows, (1) Drawing beginning illustrations, (2) Introducing Government Backing Programs, (3) Increasing Promotion of Tourism Destinations, (4) Enhancing Safety and Security Measures, and (5) Improving Infrastructure and Facilities. Conclusions: This research suggests that although the global economic recession leads to reduced demand and intense competition from other sectors, the tourism industry will be well positioned to weather these challenges if practitioners of tourism organizations follow five solutions of this research.

• 한국융합학회논문지
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• 제13권5호
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• pp.165-172
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• 2022

2019년 12월 시작된 COVID-19로 전 세계는 코로나바이러스 팬데믹에 국제경제는 위기를 맞았다. 우리나라는 전국민 기본소득 지원, 소상공인 소득지원 등 다양한 방식으로 경기를 부양하기 위한 노력을 기울였지만 여전히 어려움이 컸다. 본 연구는 장기화된 COVID-19가 사회의 기본단위인 가족에게 그리고 각각의 가족구성원들에게 어떠한 영향을 미치는가를 살펴보는데 목적을 두고 있다. COVID-19에 따른 가족갈등 및 위기 해결방법은 가족에 대한 집중적 지원, 가구성원들간의 유대 중가를 위한 프로그램 지원, 그리고 평등한 가치관 인식이 가족갈등과 해체를 저지하고 가족의 붕괴를 막을 수 있을 것이라 생각한다.

• 한국전자거래학회:학술대회논문집
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• 한국전자거래학회 2001년도 International Conference CALS/EC KOREA
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• pp.467-475
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• 2001

As a result of the policy for enforcing the information technology led by government and the effort of companies to get over economic crisis through the reformation of business process, the ERP market is being active. However, because imported ERP products that are supplied currently are designed for standard and rationality, they have a limit to support custom processes of domestic companies in South Korea. On the contrary, ERP products by domestic companies in South Korea are unable to support a consistent methodology of constructing ERP system. This is main reason why much time and costs are consumed than that of an original plan. To succeed in ERP construction, the purpose of ERP setup must be defined. To accomplish this end, it is required to analysis business process completely and to make a plan in detail. For ERP providers, they must support a characterized ERP construction methodology and lower the construction cost by improving an ERP package easy to customize[5].

• 한국경영과학회지
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• 제40권4호
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• pp.35-48
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• 2015

We analyze the systemic risk based on the information flows using the variance decomposition, DebtRank methods, and the Industry Sector Indices during 2001. 01 to 2015. 08. Using the KOSPI stock market as our setting, we find that (i) the systemic risk calculated by information flows of variance decompositions method shows strong positive relations with the market volatility, (ii) the magnitude of systemic risk measured from the information flows network by DebtRank method increases after the subprime financial crisis.

• 한국IT서비스학회지
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• 제1권1호
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• pp.141-148
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• 2002

As an optimun alternatives for the solution of recent software crisis, we have to develop component technologies so as to develop and propagate business components for various domains to industries. For the sake of development of business components, a conceptual architecture which defines a model for component assembly should be prescribed first, and a systematic specification method based on this model be defined, so we can build a system environments for making specifications and development of each component by the consistent scheme. In this study, we propose a domain architecture model for implementing the pUblic component bank as a project supported by the ministry of information and communication, discuss the conceptual model of specification for developing components of storing component bank, specification steps, specification approach for application of business domains and the development results of them.

• East Asian Economic Review
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• 제28권2호
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• pp.245-273
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• 2024

This paper sets up a small open new Keynesian economy model with constrained households and incomplete markets to address the driving forces of business cycles in Korea. It shows that there exists a substantial fraction of constrained households who cannot have access to financial market. Furthermore, the estimated model reveals that a TANK model is better than a RANK model in explaining business cycles in Korea. The effect of domestic productivity shock on Korean economy has dominated in the variations of output, while the contribution of the foreign productivity shock to the variations of output and inflation has increased after the Asian financial crisis. The monetary policy shock has dominated the variation of inflation at short and medium horizons.

• 유통과학연구
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• 제20권12호
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• pp.43-57
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• 2022

Purpose: This study discusses the phenomenon of the uncertain sustainability of SMEs in developing countries. SMEs face various challenges in the dynamics of a competitive environment, which threaten their growth and sustainability. This study aims to address a research gap between company's internal resources, in the form of absorptive capacity, and its business performance. By using product quality as a mediator, which has never been studied before, this research presents a novelty to answer the existing research gap using the Resource Based Theory (RBT) perspective. Research design, data and methodology: Using quantitative method, data are collected from 164 respondents, who are owners or managers of furniture manufacturing SMEs in Gerbangkertosusila Area, East Java, Indonesia. The data are analyzed using Partial Least Square (PLS) - Structural Equation Modeling (SEM). Results: The findings show that absorptive capacity has a direct and significant effect on business performance and indirectly through product quality. Conclusion: Furniture manufacturing SMEs are advised to focus on developing absorptive capacity reflected in good product quality, in order to improve their business performance. This is especially important to survive the crisis caused by the Covid-19 pandemic. Thus, the results of this study contribute to the development of RBT, and there are several suggestions for further research.

• Asian Journal of Innovation and Policy
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• 제12권2호
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• pp.246-260
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• 2023

With the advent of COVID-19, the world economy has undergone enormous losses and unprecedented crises. Moreover, this pandemic has put a significant effect on all business organizations, comprising the micro, small and medium enterprises (MSMEs) sector. MSMEs have been continuing to develop business strategies and are eager to compete in the market. The COVID-19 pandemic has shifted the full focus of MSMEs from 'business growth' to 'business survival' worldwide. E-commerce readiness plays a crucial role in a time of uncertainty and crisis during COVID-19 and affects the durability and sustainability of the business. This study attempts to study the readiness of online business and "E-commerce" adoption of MSMEs and its contribution to economic growth by utilizing both qualitative and quantitative techniques in the case of India. We use content analysis to determine the readiness of online business and Ecommerce in the post COVID-19 period. The result highlights the specific issues of this sector such as the shortage of resources and disruptions in the supply chain & logistical issues during the COVID-19 pandemic. Qualitative analysis discloses that almost half of the respondents adopt online platforms along with additional challenges to sustain their business during the pandemic. This study utilizes annual time series data for the period from 1973-74 to 2017-18 to understand the long-run relationship between India's GDP and MSMEs units. By utilizing the co-integration technique, this study reveals that there is a long-run relationship between MSME units and the economic growth of this country.