• Journal of Korean Society of Transportation
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• v.24 no.7 s.93
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• pp.91-100
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• 2006

Travel Demand Forecasting (TDF) is an essential and critical process in the evaluation of the highway improvement Project. The four-step TDF Process has generally been used to forecast travel demand and analyze the effects of diverted travel demand based on the given Origin-Destination trips in the future. Transportation system improvements, however, generate more travel, Induced Travel Demand (ITD) or latent travel demand, which has not been considered in the project evaluation. The Purpose of this study Is to develop a model which can forecast the ITD applied theory of economics and the Program(I.D.A) which can be widely applied to project evaluation analysis. The Kang-Byun-Book-Ro expansion scenario is used to apply and analyze a real-world situation. The result highlights that as much as 15% of diverted travel demand is generated as ITD. The results of this study are expected to improve reliability of the project evaluation of the highway improvement Project.

• Journal of The Korean Society of Integrative Medicine
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• v.6 no.4
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• pp.149-169
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• 2018

Purpose : This study was to develop a strategy for modeling future workforce projections to serve as a basis for analyzing annual supply of and demand for physical therapists across the South Korea into 2030. Methods : In-and-out movement model was used to project the supply of physical therapists. The demand was projected according to the demand-based method which consists of four-stages such as estimation of the utilization rate of the base year, forecasting of health care utilization of the target years, forecasting of the requirements of clinical physical therapists and non-clinical physical therapists based on the projected physical therapists. Results : Based on the current productivity standards, there will be oversupply of 39,007 to 40,875 physical therapists under the demand scenario of average rate in 2030, undersupply of 44,663 to 49,885 under the demand scenario of logistic model, oversupply of 16,378 to 19,100 under the demand scenario of logarithm, and oversupply of 18,185 to 20,839 under the demand scenario of auto-regressive moving average (ARIMA) model in 2030. Conclusion : The result of this projection suggests that the direction and degree of supply of and demand for physical therapists varied depending on physical therapists productivity and utilization growth scenarios. However, the need for introduction of a professional physical therapist system and the need to provide long-term care rehabilitation services are actively being discussed in entering the aging society. If community rehabilitation programs for rehabilitation of disabled people and the elderly are activated, the demand of physical therapists will increase, especially for elderly people. Therefore, healthcare policy should focus on establishing rehabilitation service infrastructure suitable for an aging society, providing high-quality physical therapy services, and effective utilization of physical therapists.

• The Journal of Fisheries Business Administration
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• v.41 no.2
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• pp.107-133
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• 2010

As policy makers are often concerned about dynamic effects of demand behavior and its welfare analysis by quantity changes, the paper shows how dynamic price formation systems can be built up to analyze the effect of policy options to the markets dynamically. The paper develops dynamic model of price formation for fish from the intertemporal optimization of the consumer choice problem. While the resulting model has a similar form of the error correction types of dynamic price formation system, it provides the rational demand behavior contrary to the myopic behavior of error correction demand models. The paper also develops appropriate tools of dynamic welfare analysis in quantity space using only short-run demand estimates both theoretically and empirically as a first attempt in the literature of price formation and fisheries. The empirical results of Korean fish markets show that the dynamic model and the welfare measures are reasonably plausible. The methodology and theory of this research can be applied and extended to the commodity aggregation, dynamic demand estimation, and dynamic welfare effects of regulation in the similar framework. Thus, it is hoped that this will enhance its applications to the demand-side economics.

• Journal of Labour Economics
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• v.31 no.2
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• pp.35-72
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• 2008

This paper examines whether me effects of product demand shocks on employment are different between unionized and non-unionized firms, using new firm-level longitudinal data in Korea over the period 1997~2004. The estimation result shows that the effects of both negative and positive demand shocks on employment are smaller in unionized firms than in non-unionized firms. The result implies that unions appear to provide their members with job stability in response to negative demand shocks, while playing a very limited role in employment determination in response to positive demand shocks leading to employment expansion.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.58 no.1
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• pp.1-6
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• 2009

The traditional demand prediction was based on the technique wherein electric power corporations made monthly or seasonal estimation of electric power consumption for each area and subscription type for the next one or two years to consider both seasonally generated and local consumed amounts. Note, however, that techniques such as pricing, power generation plan, or sales strategy establishment were used by corporations without considering the production, comparison, and analysis techniques of the predicted consumption to enable efficient power consumption on the actual demand side. In this paper, to calculate the predicted value of electric power consumption on a short-term basis (15 minutes) according to the amount of electric power actually consumed for 15 minutes on the demand side, we performed comparison and analysis by applying a 15-minute interval prediction technique to the average and that to the time series analysis to show how they were made and what we obtained from the simulations.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.7
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• pp.393-402
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• 2021

This study aims to examine whether symmetric effects or asymmetric effects of exchange rates exist in determining the money demand in Indonesia. Simple-sum money and Divisia money were included in different models for comparison due to the financial developments in Indonesia. This study uses time-series data from 1996Q1 to 2019Q4 for the estimation. The nonlinear autoregressive distributed lag (NARDL) model is utilized to verify the asymmetric effects of exchange rates on money demand. The Augmented Dickey-Fuller and Phillips-Perron unit root tests were performed to verify the order of integration of the variables. The findings of this study revealed that the exchange rate is one of the most important determinants of money demand in Indonesia and the effect is asymmetric. The findings further indicated that money demand function, which incorporates Divisia monetary aggregate is parsimonious. Monetary targets such as money supply and interest rates are critical for monetary policy conduct to achieve inflation levels set by government. As the adoption of an inflation targeting framework needs to be in keeping with the flexible exchange rate system, the asymmetric effect of exchange rate changes can be used in exchange rate policy conduct to achieve financial system and price stability.

• Journal of Korean Society of Transportation
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• v.23 no.2
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• pp.25-36
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• 2005

In this study, we suggested a new approach method forecasting distribution demand of urban rail transit usign fuzzy control, with intend to reflect irregularity and various functional relationship between trip length and distribution demand. To establish fuzzy control model and test this model, the actual trip volume(production, attraction and distribution volume) and trip length (space distance between a departure and arrival station) of Daegu subway line 1 were used. Firstly, usign these data we established a fuzzy control model, nd the estimation accuracy of the model was examined and compared with that of generalized gravity model. The results showed that the fuzzy control model was superior to gravity model in accuracy of estimation. Therefore, wwe found that fuzzy control was able to be applied as a effective method to predict the distribution demand of urban rail transit. Finally, to increase the estimation precision of the model, we expect studies that define membership functions and set up fuzzy rules organized with neural networks.

• Land and Housing Review
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• v.6 no.3
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• pp.107-115
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• 2015

Recently one of interest concern in domestic housing market is to reduce the difference of supply and demand. Exact demand estimation by accurate demand region is a essential cue to reduce the gap. This empirical study compared the data of housing subscriber's real address with estimated demand area on household movement, which are applied by advanced studies. This empirical case data is related to 3 housing development districts in metropolitan area. As a result, This study found that the real demand area has a more widened coverage compared with those of household movement one. For to establish exact demand area, we found, more complementary considerations should be taken. Especially some factors such as distance between a project site and downtown of Seoul Metropolitan City, locational competitiveness on main demand and behind demand, and development scale are more considerable variables. In additionally, we found the demand areas are influenced by housing rental types, sizes and the real estate business trends. And also, this study found those factors should be considered with housing price and locational competitiveness.

• Proceedings of the IEEK Conference
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• 2000.11a
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• pp.181-184
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• 2000

In this paper, the design of WDM network using the traffic estimation modeling is implemented. Because of the lack of data of real traffic volumes, the information of statistic data is used. using the modeling results, the WDM channels is assigned for each node, and the network is simulated using OPNET simulation tools. As a result, the realistic WDM network design for Korea topology is proposed.

• Journal of Environmental Health Sciences
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• v.21 no.1
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• pp.29-38
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• 1995

The purpose of this study is to improve the present methodology-for the estimation of optimal water supply from an impounding reservoir. The stochastic reservoir storage model presented in this paper is believed to be rational in that. the probability of reservoir depletion (return period) is to be calculated for the various monthly demands and storage capacities. The monthly flows are used to derive the reservoir storage capacity-monthly demand-probability curves at Dalcheon damsite and Hongcheon damsite in Han river basin.