• Title/Summary/Keyword: Competition index

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A Study on Stand Structure and Competition Status by Site Types in Natural Deciduous Forest of Pyungchang, Kangwon-do (강원도(江原道) 평창(平昌) 지역(地域) 천연(天然) 활엽수림(闊葉樹林)의 입지유형별(立地類型別) 임분구조(林分構造)와 경쟁관계(競爭關係)의 구명(究明))

  • Shin, Man Yong;Yim, Jong Su;Lee, Don Koo
    • Journal of Korean Society of Forest Science
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    • v.90 no.3
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    • pp.295-305
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    • 2001
  • This study was conducted to reveal stand structure and competition status by site types of natural deciduous forest in Pyungchang, Kangwon-do. The study site was divided by nine different types based on elevation(higher than 1,000m, 700~1,000m. lower than 700m) and topography(ridge, slope, valley). The objective of this study is to provide a basic information necessary for the environment-friendly management methods of natural deciduous forest on the basis of the stand structure and competition status by site types. It is confirmed that the range from 700m to 1,000m in elevation was the most suitable for stand growth. Species diversity and richness index also tended to be increased as elevation decreased. The ridge was the best in terms of stand growth by topography and followed by slope and valley in order. In addition, as expected, species with high importance value showed relatively low evenness index. The distance-independent competition index was selected as the best competition index model in seven site types of natural deciduous forest. On the other hand, the distance-dependent competition index was highly correlated with periodic annual increment of diameter in both ridge at higher than 1,000m and valley of 700m to 1,000m in elevation. It is proved, as a result, that the best competition index model is somewhat different by site types. From the analysis growth characteristics and competition status by site types, it is identified that the species with high importance value performed well in both growth and competition. The growth of Q. mongolica was excellent in the areas of higher elevation than 700m. Although K. pilus had relatively low importance value in higher elevation than 1,000m and ridge of 700m to 1,000m, the species had stronger competition status rather than other species. Also, U. davidiana and M. amurensis were good in competition status at lower elevation than 1,000m. It is necessary, therefore, that appropriate tending practice should be adopted based on the growth pattern and competition status of each species distributed by site types.

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Competition in the Hospital Service Market and Its Impact on Hospital Behavior in Korea (병원시장의 경쟁특성과 병원행태)

  • Park, Ha-Young;Kwon, Soon-Man;Jung, Young-Ho
    • Health Policy and Management
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    • v.18 no.1
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    • pp.1-20
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    • 2008
  • How health care providers compete and how competition among them affects their behavior are crucial questions in theory and health policy. In ordinary markets, competition improves social welfare, However in health care markets facing uncertainty and information asymmetry, competition can take the form of wasteful quality competition and result in cost increase. The purpose of this study is to examine the characteristics of hospital service markets and examine the impact of hospital competition on hospital behavior, more specifically hospital cost and the size of personnel. Based on patient discharge data of 2002 by the Ministry of Health and Welfare and Korea Institute for Health and Social Affairs, and health insurance EDI claims data of 2002, this study measures the degree of competition in the inpatient service market of hospitals, using variable radius method and Herfindahl index. The result of the study shows that the hospital service market consists of on average 3.13 government administrative units(shi, gun, or gu). Compared with hospitals, general or general specialized hospitals cover larger markets and operate in more competitive markets. Nearly 60% of patients use hospitals, which are not located in their government administrative units, meaning that market definition based on variable radius is better than the conventional method of market definition based on government administrative units. The results of multivariate analysis show that competition is not associated with high cost index of hospitals. But hospitals in more competitive markets employ larger(more intensive) input of personnel per 100 beds, implying that hospital competition in Korea can have the form of quality and cost-increasing competition.

A Dynamic Analysis on the Competition Relationships in Korean Stock Market Using Lotka-Volterra Model (Lotka-Volterra 모형을 이용한 국내 주식시장의 경쟁관계 동태적 분석)

  • Lee, Sung Joon;Lee, Deok-Joo;Oh, Hyungsik
    • Journal of Korean Institute of Industrial Engineers
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    • v.29 no.1
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    • pp.14-20
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    • 2003
  • The purpose of this paper is an attempt to analyze the dynamic relationship between KSE and KOSDAQ, two competing markets in Korean stock market, in the viewpoint of competition. Lotka-Volterra model, one of well-known competitive diffusion model, is adopted to represent the competitive situations of Korean stock market and it is estimated using daily empirical index data of KSE and KOSDAQ during 1997~2001. The results show that there existed a predator-prey relationship between two markets in which KSE acted as a predator right after the emergence of KOSDAQ. This interaction was altered to a symbiotic relationship and finally to the pure competition relationship. We also perform an equilibrium analysis of the estimated Lotka-Volterra equations and, as a result, it is found that there is a market index equilibrium point that would be stable in the latest relationship.

Analysis of Competition Interaction in Orchardfrass , Red Clover Pure and Orchardfrass-Red Clover Mixed Swards (Orchargrass 단파 , Red Clover 단파 및 Orchargrass-Red Clove 단순혼파 목초의 경쟁구조 해석)

  • 이형석;이인덕
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.15 no.4
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    • pp.279-284
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    • 1995
  • The competition relationship between orchardgrass(Docflis glomerutu L. cv; Potomac) and red clover (Trifnlium prurense L. cv; Kenland) was investigated under the pure and mixed swards. Each species were grown in intra- and interspecific competition in pots and fields for 2-years. Intra- and interspecific competition were evaluated by calculating traditional methods; expected yield, relative yield total(RYT), aggressivity and compensation index(CI), and shoot and root dry matter production in the orchadgrass(ffi) pure, red clover(RC) pure and orchardgrdss(W)-red clover(RC) mixed sward. The results obtained were summarized as follows: Compared to OG and RC pure swards, the shoot and root dry maaer(DM) yield of OG-RC mixed sward were higher and more deeply rooted under the soil than those of OG and RC pure sward. Also, the number of tillen per plant of OG in the OG-RC mixed sward was less than that of OG pure sward, but that of RC in the OGRC mixed sward was more than that of RC pure sward. OG-RC mixed sward were evaluated as a productive sward type compared to OG and RC pure swards in that actual yield was higher than expect yield and that relative yield total(RYT), and compensation index(C1) were high. As mentioned above, compared to intraspecific competition as a OG and RC pure sward, interspecific competition as a OG-RC mixed sward was evaluated to productive type under the ffi and RC species utilization

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Assessment of the Korean-Chinese Exports Competition in Sophisticated Markets

  • La, Jung Joo;Shin, Wonkyu
    • Journal of Korea Trade
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    • v.23 no.2
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    • pp.1-13
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    • 2019
  • Purpose - This paper empirically investigates the competition effect of exports between Korea and China in their common-export markets considering market sophistication. Modern market sophistication includes an importing country's aggregate demand for products of high quality, design, novelty, eco-friendliness, and even IPR protection. Using an empirical analysis to identify the demand for product quality across countries, this paper estimates the effects of market sophistication on the competition between Korean exports and Chinese products. Design/Methodology - Our empirical model considers the relationship between an importing country's consumer sophistication and the export competition between Korea and China. This study employs the existing theoretical framework to identify the aggregate demand for product quality across countries. Using a quite direct measurement (the consumer sophistication index, our analysis investigates the differential effects of Korea's export market sophistication, particularly in markets where Korean exports are in competition with similar Chinese products. Findings - Our main findings can be summarized as follows: the negative effects of the export competition between Korea and China on Korea's exports are stronger in third markets where consumers are less sophisticated while the effects are not as pronounced in markets where consumers are more sophisticated. This result, however, best applies to differentiated goods which significantly vary in product quality. Originality/value - Existing studies focus on the supply side of production and make the assumption that the market preference for export quality is identical across countries. This paper attempts to evaluate the export competition between Korea and China from the demand-side perspective. This area of trade studies is underexplored both empirically and in theory, although the issue has long been important to Korean and world trade.

Indicators for the Assessment of Competition in Korean Mobile Market (이동통신시장 경쟁상황평가를 위한 지수 개발과 적용)

  • Park, Myung-Ho;Lee, Choong-Seop;Oh, Wan-Keun
    • Journal of Korea Technology Innovation Society
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    • v.9 no.4
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    • pp.796-811
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    • 2006
  • This paper aims to develop methodology and indicators to review effective competition in Korean mobile telecommunication market. After examining strengths and weaknesses of other countries' experiences, we proposed several indicators for the assessment of competition. Developed from criteria such as transparency, regulation cost, policy objectives, proposed indicators comprise market structure, behaviour of sellers and consumers, and consumer benefits. These indicators are applied to the Korean mobile market. During the period 2001-2004, 'the competition assessment index' increased steadily, meaning the state of competition was aggravated during this period.

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Comparison of Competition Indices by Silvicultural Systems Before and After Treatments for Natural Deciduous Forests in Pyeongchang (평창지역 천연 활엽수림의 산림작업별 시업전후의 경쟁지수 비교)

  • Choi, Hyun Kwon;Park, Byung Bae;Sung, Joo Han;Shin, Man Yong
    • Journal of Korean Society of Forest Science
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    • v.102 no.4
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    • pp.515-521
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    • 2013
  • The objective of this study was to estimate the changes of stand structure before and after applying the three different silvicultural treatments such as selection cutting system, two-storied system, and shelterwood system. This study has been conducted in the natural deciduous forests in Pyeongchang of Gangwon Province, Korea. Nine permanent sampling plots of 0.09 ha were established in the forests and each of the three silvicultural treatments was applied to three sampling points. Some tree variables were measured in each stand before and after the silvicultural treatments were applied. With these data, stand attributes were estimated in each stand before and after applying the silvicultural treatments. In this study, a competition index was used to analyze the differences among structures of stands managed by three different silvicultural treatments. Hegyi's distance-dependent competition index was estimated and compared to analyze the differences of stand structures among the stands before and after silvicultural treatments. A method using a height angle $50^{\circ}$ from the base of the subject tree was adopted as the selection method of competitor trees. Duncan's multiple range test and t-test were then employed to statistically analyze the difference of stand structure among the stands. The results revealed that competition status among trees in the stand seems to be improved after applying the silvicultural treatments. There are significant differences in the competition index between before and after silvicultural treatments for each stand. According to the evaluation of competition index, it was confirmed that spatial structure of the stands was improved by applying the silvicultural treatments.

Character Variation within Rice Hill and Competitive Response of Rice Cultivar in Association with Plant Spacing and Seedling Number per Hill (수도 주요 형질의 변이와 주내 및 주간 경쟁반응)

  • Park, Seong-Tae;Kim, Soon-Chul;Lee, Soo-Kwna;Hwang, Dong-Yong
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.34 no.2
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    • pp.127-133
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    • 1989
  • An experiment was conducted at the Yeongnam Crop Experiment Station to obtain basic informations about cultural techniques for high yield by manipulating plant spacing in association with seedling number. Cultivars showing relatively low competition index within or between rice hill were Palgongbyeo, Milyang 83. Milyang 90 and Sangpungbyeo, while those with high competition index were Pungsanbyeo, Samgangbyeo, Weongpungbyeo, Taebaegbyeo and Dongjinbyeo. Variations of agronomic characters such as culm length, spikelets per panicle, grain yield per panicle among each culm within hill were not interrelated among the characters. This phenomenon was also same within and between cultivar groups. However, cultivars having high competitive ability showed relatively low variation in agronomic characters. There was a trend that most of rice cultivars had a high positive correlation between total competition index and rice grain yield. Competition index between rice hill was more significant than that of within rice hill for Tongil type cultivars except Milyang 83 which belonged to low tillering capacity while both types of competition index within and between hill were important for Japonica type cultivars and Milyang 83 of Tongil type cultivar to increase rice yield.

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A Study on the Tariff Index of Mobile Telephony in Korea

  • Kim, Jin-Ki
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.04a
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    • pp.74-77
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    • 2000
  • Since the opening of the mobile telecommunications market to new entrants in 1996, the mobile telecommunications industry in Korea has transformed into a severely competitive market. Although there are numerous methods to evaluate the effects of the competition policy, the most relevant would be to measure the decreased degree of mobile service tariff. Also, after the Introduction of competition in the market, most carriers launched a variety of new tariff plans, which would satisfy the users′ traffic volume and pattern. Therefore, it is necessary to develop a "mobile tariff index" that would collectively consider all the various tariff plans. This paper aims to develop a mobile tariff Index that would accommodate all the various tariff plans provided by mobile carriers. To develop this mobile tariff index, mobile user′s will first be classified by their traffic volume, and then calculate the average tariffs per minute of each group of users, and lastly weight-average those tariffs per minute. And finally, this paper shows the mobile tariff index by considering those averaged tariffs and the carriers′ market shares to reflect the contribution of individual carriers and the users′ traffic volume.

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The Empirical Study of Relationship between Product Market Competition Structure and Overvaluation

  • CHA, Sang-Kwon;PARK, Mi-Hee
    • Journal of Distribution Science
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    • v.18 no.2
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    • pp.99-108
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    • 2020
  • Purpose: This paper investigated the relationship between market competition and firm valuation error. Furthermore, Additional analyses were made according to the quality of financial reports and the listed market. Through the process we confirm to the impact of competition on the capital market. The purpose of this study is to analyze the impact of competition on valuation errors. The preceding studies did not provide a consistent results of the effects of competing functions on the capital market. One view is that the competition could mitigate the information asymmetry, and the other is that monopolistic lessens the manager's involvement in financial reporting. This study is intended to expand the prior study by analyzing the impact of competition on the capital market and on the valuation of investors. Research design, data, and methodology: The analysis was conducted on 12,031 samples over 11 years from 2008 to 2018 using data from market in Korea. Here the valuation error was measured by the research methodology of Rhodes-Kropf, Robinson and Viswanathan (2005), and competition measured by Herfindahl-Hirschman Index multiplied by (-1), and Concentration Ratio by (-1). Results: We confirm that the positive relationship between competition and the valuation error. In addition, we also found that the positive relation between competition and valuation error was in cases of low discretionary accruals and the KOSDAQ market. This means that the net function of competition does not mitigate valuation errors. Conclusions. This study has the following contributions when compared to prior research. First, the relevance between the level of competition and the valuation of the entity was confirmed. The study by Haw, Hu and Lee (2015) suggested that monopolistic industry of analysts' forecast is more accurate due to lower the variability in earnings. This study magnified it to confirm that monopolistic lessen information uncertainty in valuation. Second, the study on valuation errors was expanded. While the study on the effect of valuation errors on the capital market is generally relatively active, it is different that competition degree has analyzed the effect on valuation errors amid the lack of research on the effect on valuation errors.