• East Asian Journal of Business Economics (EAJBE)
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• v.6 no.3
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• pp.24-36
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• 2018

Purpose - From establishing China-Japan diplomatic relations in 1972, the relations between two states has improved a lot, from which makes the government and the people reap much benefit. Owing to this reason, this paper aims at exploiting the impact of exchange rate volatility of RMB on China's foreign direct investment to Japan. Research design and methodology - The quarterly time series data from 2003 to 2016 will be employed to conduct an empirical analysis under the vector error correction model. Meanwhile, a menu of estimated methods such the Johansen co-integration test and the Granger Causality test will be also used to explore the impact of exchange rate volatility of RMB on China's foreign direct investment to Japan. Results - The empirical analysis results exhibit that the real exchange rate has a positive effect on China's foreign direct investment to Japan in the long run. Conversely, the real exchange rate volatility of RMB, the trade openness and the real GDP have a negative effect on China's foreign direct investment to Japan in the long run. However, in the short run, the China's foreign direct investment to Japan, the real exchange rate, the trade openness and the real GDP in period have a negative effect on China's foreign direct investment to Japan in period. Oppositely, the real exchange rate volatility of RMB in period has a positive effect on China's foreign direct investment to Japan in period. Conclusions - From the empirical evidences in this paper provided, it can be concluded that an increase in the exchange rate volatility of RMB can result in a decrease in the China's foreign direct investment to Japan in the long run. However, an increase in the exchange rate volatility of RMB can lead to an increase in the China's foreign direct investment to Japan in the short run. Therefore, the China's government should have a best control of the real exchange rate volatility of RMB so as to improve China's foreign direct investment to Japan.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.6
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• pp.117-125
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• 2020

This paper aims to investigate FDI attractive factors, which are important to formulate policies to attract Korean direct investment into Vietnam. Based on the literature review and the results of interview with 27 Korean investors in Vietnam, we determined the model of variables attracting Korea's FDI into Vietnam. It is used to assess the impact of attractive factors belonging to three groups of variables to support investment decision; they are macroeconomics variables (including market size factor, labor cost factor, and market openness factor), policies variables (including monetary policy factor and tax rate gap factor), and microeconomics variables (geographic advantage factor representative by location). This research also utilized a relatively new quantitative research method based on the Autoregressive Distributed Lag model (ARDL) with the time data chain from 1995 to 2017 of Korean FDI into Vietnam. It analyzes long-term relationships between dependent variables and independent variables. The result of this study indicates that there are three positive factors (low wages, trade openness and government policy) explaining the FDI flows in the long term. The result also shows that incentive tax policy has had a positive impact on Korean FDI, which has satisfied the aim of seeking efficiency of Korean investors.

• The Journal of the Korea Contents Association
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• v.18 no.2
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• pp.569-582
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• 2018

The purpose of this study is to examine the mediating effect of personality and emotional intelligence in the relationship with job stress of teachers and burnout to prevent the burnout of teachers and provide primary data for counseling intervention. Thus, the survey was conducted on 488 teachers and the hypothesis of this study was verified using structural equation model. The research findings are as shown below. First, the job stress, neuroticism and burnouts were positively related while the extroversion, conscientiousness, emotional intelligence were negatively related. And the neuroticism was negatively related with emotional intelligence but positively related with burnout. And the extroversion, openness, conscientiousness had positive relationship with emotional intelligence but negative relationship with burnout. However, the agreeableness did not have significant relationship with emotional intelligence and burnout. Second, the emotional intelligence partially mediated in the relationship with job stress and burnout. Third, the neuroticism, extroversion and conscientiousness partially mediated in the relationship with job stress and burnout, but the openness and agreeableness were found not to mediate. Based on these results, the practicability of counselling and further research was discussed in this study.

• The Journal of the Korea Contents Association
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• v.11 no.12
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• pp.700-710
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• 2011

This study is to explore the characteristics and trends of the interior design of the residence area of the cruise ships. The interior of the cruise ships running three Asian countries - Korea, Japan and China was analyzed to understand the design of the public area and the cabin area. The interior of the ships showed the modern, high-tech style with their unique concept. Also, the feeling of the openness was emphasized in two ways- the visual and psychological expression and the spatial application. The contrast of color and the effect of artificial lighting used to express the extended feeling of the closed space inside the cruise ship. The results are expected to contribute to understand the interior design of the worldwide cruise ship and be used as a valuable data for the development of the interior design of the cruise ship.

• Journal of Korea Multimedia Society
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• v.13 no.11
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• pp.1687-1697
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• 2010

The USIM-based AKA authentication process is essential to a mobile payment system on smart phone environment. In this paper a payment protocol and an AKA module are designed for mobile payment system which is suitable for openness smart phone environment. The payment protocol designs the cross authentication among components of the mobile payment system to improve the reliability of the components. The AKA module of mobile payment system based on 3GPP-AKA protocol prevents the exposure of IMSI by creating the SSK(Shared Secure Key) through advance registration and solves the SQN(SeQuence Number) synchronization problem by using timestamp. Also, by using the SSK instead of authentication vector between SN and authentication center, the existing bandwidth $(688{\times}N){\times}R$ bit between them is reduced to $320{\times}R$ bit or $368{\times}R$ bit. It creates CK and IK which are message encryption key by using OT-SSK(One-Time SSK) between MS and SN. In addition, creating the new OT-SSK whenever MS is connected to SN, it prevents the data replay attack.

• Journal of the Korean Institute of Rural Architecture
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• v.20 no.2
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• pp.11-18
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• 2018

The purpose of this study is to analyze the structure and use change of the private space according to the balcony expansion and use it as the data of plan design. According to Bay, front length/width ratio and the change of balcony space before and after expansion of space organization of house units were analyzed. Common characteristics of Flat type and Tower type are an increase of the frontage length of house units in an apartment, an increase of the number of front bay, and an increase of integrated LDK focusing on living room. A difference is that Flat type shows high frontage ratio, Bay figure, and spatial arrangement favorable to front openness and lighting. Flat type shows higher area distribution than Tower type in LDK area distribution located in at the plane center. Spatial expandability and visual openness of Flat type are more beneficial than those of Tower type in the planning, and a balcony extension of house units has developed to direction to open more. Tower type creates various block images through a combination of house units focusing on the core. Uses after balcony expansion are area expansion of a balcony-neighboring room, storage space, expansion and function improvement of the variable range, and specialized space different from a neighboring room. In addition, there is no escapable space except for a shelter, so unit plan should be prepared to prevent using it other space of a shelter and to solve moving line of two-way horizontal refuge and vertical refuge.

• Journal of Labour Economics
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• v.37 no.4
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• pp.25-57
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• 2014

Analysing the effects of expanded trade liberalization on the domestic labor market such as the flexibility of employment adjustment and the wage elasticity of employment etc. with industry base data, we get some important results as follows. The speed of employment adjustment in whole industries is turned out to be more rapid on the employee basis than on the whole worker basis. And the speed of employment adjustment is more rapid in the industries with high level of import ratio than those with high level of export ratio. In sum, viewing on the employee basis, the expanded trade liberalization makes the speed of employment adjustment slower slightly in individual industry level, and it is led mainly by the effects of export ratio rising. In case of the wage elasticity of employment, it becomes to be much higher as rates of openness or export ratios go higher, so the environment of jobless growth seems to be much more strengthened in this country.

• Journal of the Korea Fashion and Costume Design Association
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• v.21 no.4
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• pp.195-211
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• 2019

In this paper, Capstone Design Education Program Learning Model was developed and recommended in order to foster convergent talents armed with practical competences and real cooperative capabilities. In this era of convergence and creativity, the fashion world needs human resources with cooperative skills and true professional abilities. A case analysis, an in-depth interview, and 1,2 test method were used for data acquisition and analysis. The summary of this study is described below. First, this program needs to complement the NCS fashion design learning module. Second, material changes to creativity and practical competencies - knowledge, skills, and attitudes - of the students are assessed after applying Capstone Design to the NCS fashion design learning model. Third, the process of converging fashion curriculum with IT and electronic technology, developing a fashion design learning program, and applying the Capstone Design was tested to prove the effectiveness of convergent fashion design education. Among the changes observed between the trial and control groups, it was confirmed that sub-factors of creative personality, i.e. self-assurance and openness, were increased along with knowledge, core competences including communication capability, and self-directed learning capability. The greatest improvement on the technological side was observed in IT literacy while ability to respond to changes was also increased. Besides, effects were demonstrated in behavioral factors such as initiative, spirit of challenge, experience, and openness. Lastly, the Capstone Design Education Program Learning Model was proposed in order to foster convergent talents in the fashion world.

• Korean Journal of Social Welfare
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• v.64 no.4
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• pp.337-357
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• 2012

This study explores a changing social expenditure structure of welfare states on new social risks, using logistic regression analysis with Panel Corrected Standard Errors Model on panel data of 1997-2007 years from 27 OECD nations. The result of this study presents that social expenditure structures have been adjusted with new social risk structure due to trade openness, female employment rates, and child population rates. Greater trade openness, higher women's employment rates, and lower child population rates are, more social investment expenditures are than income security expenditures. Rates of employment in service industries and elderly population rates are not statistically significant on the change of social expenditure structure. This result does not imply a complete switch from demand-based to supply-based social policy, but somewhat reflects transitions of a social welfare system for changing economic and social environments in order to sustain welfare state economically.

• Journal of Information Technology Applications and Management
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• v.20 no.4
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• pp.315-338
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• 2013

As a result of New media that affects the marketing system, it is appeared a new marketing system called Market Platform in terms of market governance of trading. Market Platform is a new marketing system for ideal market system through the community structure from a hierarchy structure. It is determined that Market Platform as the role of adjustment of each side of market, buyer and seller, developed an existing marketing system. In this study, to target the Market Platform has recently emerged as the center of the market management in the new media environment. This study investigates what characteristics and impact of infrastructure of Market Platform will affect the cognitive impact on both buyers and sellers to clarify the impact on the self efficacy of the shopping process. Through this investigation, modeling for the impact that new media environment will attract Market Platform will be developed from the investigation of attractiveness of mobile market platform environment. Changes in the technical media environment gave the characteristics of the customer in the market platform, so consumers could involve not only consumed, but also manufactured. Thus, it is possible to increase the attractiveness if market must be able to not only for the convenience of shopping, but also make people to enjoy the experience of value co-creation. In other words, the new media, as a result of affecting the marketing system, mobile market platform is organized around the market of communication base. Network centrality, visible openness, ubiquitous multiplexity, 3 properties of new media increase the market self-efficacy of their customers. Therefore, the structure of market platform that enhance self-efficacy has higher attractiveness.