• Korea Trade Review
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• v.44 no.2
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• pp.173-188
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• 2019

The purpose of this study is to investigate the causal relationship between the logistics industry and the economic growth in Korea, and to provide implications for the contribution of the logistics industry to economic growth. Unlike Previous Related Studies, we derive short-term and long-term effects through dynamic panel analysis such as panel Granger causality test and impulse response function estimation using panel vector error correction model. The results of the empirical analysis are as follows: Labor input of the logistics industry has the greatest positive impact on economic growth. And capital input and total sales of the logistics industry have a negative effect on economic growth. This means that Korea's logistics industry features labor-intensive growth. In addition, We have also found that the growth (sales) and capital input of the logistics industry have not yet had a direct positive impact on economic growth. Therefore, the results of this analysis provide implications for the direction of logistics industry policy to enhance contribution of the logistics industry to economic growth.

• Proceedings of the KIPE Conference
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• 1997.07a
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• pp.40-44
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• 1997

Along with the rapid growth in microelectronics and power electronics technologies, various advanced control methods have been successfully implemented in real time and shown to be useful in controlling CO2 arc welding systems with high dynamic performance. In this paper, the slope of welding currents is controlled not to be so high in the case of short circuit welding mode. This results in less spatter. In addition, the data-base is constructed for the optimal welding conditions.

• Journal of applied mathematics & informatics
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• v.6 no.1
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• pp.127-142
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• 1999

This paper develops a methematical model for growth and exploitation of a schooling fish species using a realistic catch-rate function and imposing a tax on the catch to control harvesting. Fishing effort is assumed to depend on the net revenue. The steady states of the system are determined and their local and global stabil-ity are discussed. Taking the tax as a control variable; the optimal harvest policy is formulated and solved as a control problem. The results are illustrated with the help of a numerical example.

• Korean System Dynamics Review
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• v.10 no.3
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• pp.47-79
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• 2009

The paper examines dynamic relationship among 'Limit to Growth' factors in Korea using causal loop diagram. It also aims to explore policy implications for Korea in overcoming current difficulties and future crisis we may face. For this purpose, five factors -economy, population, resource, environment, food- used in the were adopted as an analytical framework. Findings show that Korea is fragile to external shock such as world economic crisis, food price surge, and resource price -including energy price- hike. High dependency of energy, food and resource on foreign market was found to be a major source of limit to growth in Korea. Furthermore, environmental problems like global warming could be a major external shock that could hit Korea harder than the rest of the world. Policy implications and measures for these problems were discussed too.

• KDI Journal of Economic Policy
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• v.40 no.3
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• pp.91-115
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• 2018

This paper aims to identify the most effective mode of development finance flows for the economic growth of middle-income developing and least developed countries, separately. It also attempts to confirm whether governance has any significant role in the causal relationship between development finance flows and economic growth. Policymakers in each developing country should select the most effective modality of development finance inflows among the different modalities (such as Official Development Assistance (ODA) grants, Official Development Assistance (ODA) loans, FDI, and international personal remittances) and expand it for their economic growth. Dynamic panel regression models were used on 48 least developed countries and 89 middle-income developing countries, respectively, during the Millennium Development Era: 2000-2015. The empirical analysis results show that ODA grants and remittances were most effective in promoting economic growth for least developed countries, while FDI was most effective for middle-income developing countries. These findings were not affected by the status of governance of the individual country.

• Proceedings of the Korean Society for Technology of Plasticity Conference
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• 2009.05a
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• pp.270-273
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• 2009

This work describes a method of determining material parameters included in recrystallization and grain growth models. Focus is on the recrystallization and grain growth models of Ni-Fe base superalloy, Alloy 718. High temperature compression tests at different strain, strain rate and temperature conditions were chosen to determine the material parameters of dynamic recrystallization model. The critical strain and dynamically recrystallized grain size and fraction at various process variables were quantitated with the microstructual analysis and strain-stress relationships of the compression tests. Besides, isothermal heat treatments were utilized to fit the material constants included in the grain growth model. Verification of the determined material parameters is carried out by comparing the measured data obtained from other compression tests.

• Macromolecular Research
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• v.9 no.6
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• pp.319-326
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• 2001

Fatigue crack growth (FCG) behavior of natural rubber/ethylene-propylene-diene rubber (NR/EPDM) blend vulcanizates under dynamic tearing condition was investigated by using a fracture mechanics approach. It appeared that variation of crack growth rate with blend compositions was dependent on the level of imposed tearing energy G. At low tearing energy region, the FCG rates of the blend were lower as the EPDM content was increased, while at high tearing energy region, the trend was reversed. Over the measured range of tearing energy G, all blend compositions showed the lower crack growth rates compared to the average of properties of component elastomers. When the blends were thermally aged, the fatigue resistance of the blends was deteriorated in proportion to the concentration of EPDM phase. Fatigue crack growth behavior of the blends was supposed to be associated with the inhomogeneities of the crosslink structure of the blends arising from cure incompatibility of the EPDM and NR when they are sulphur cured.

• East Asian Economic Review
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• v.23 no.1
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• pp.3-26
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• 2019

This study investigates the effect of high-skilled inventor emigration rate on growth rate of the country of origin (COO). Inventor emigrants represent the human capital that can generate highly innovative work. The social network they form spurs knowledge diffusion and technology transfer back to their COOs, which in turn affects innovation and growth in their home countries. We run dynamic panel estimation for 154 countries during 1990-2011, and empirically show that a positive and statistically significant effect exists for the interaction of inventor emigration and trade. The result indicates that the direct negative impact of the brain drain can be mitigated by the positive feedback effect generated by the high-skilled inventor emigrants abroad. When coupled with an active trade policy that reinforces growth, countries can partially recoup the direct effect of the human capital loss. We stress the importance of international trade for successful technology transfer to occur, and offer insights for policies that can utilize the benefits of the rich social network of their high-skilled emigrants.

• Journal of Industrial Convergence
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• v.14 no.1
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• pp.39-45
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• 2016

This paper deals with the consideration of mathematical models with regards to growth of cluster and firms by reviewing the Metcalf and Breuner's articles. prior studies have been argued the phenomenon of local industrial clusters and districts. Several concepts have been adopted to support the success of and changes to these clusters and firm growth. Through the review of two papers, evolution of both cluster and firm growth may be achieved in terms of utilizations of the different local aspects and mechanisms. This paper supports the theoretical back bone with regards to the regional cluster policy implementing in Korea for the purpose of regional developments. In particular, a mathematical model that, on a more abstract level, captures the fundamental dynamic structure of all the observed mechanisms. On the basis of this model, the emergence and evolution of local clusters can be described. Also this model has given that the knowledge sharing between firms has an important role to firms and cluster' growth.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.1
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• pp.710-716
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• 2016

Business is changing to Omni channel services for connecting customer and commerce enterprise anytime and anywhere continuously through the growth of IoT technology. This paper proposes a Mobile Service Architecture, which can provide an Omni channel, for activating O2O(Online to Offline) business to induce customers to visit offline stores through online services. A proposed Mobile Service Architecture proposes a Dynamic Architecture that can provide the specialized service using a Customization service when the service is provided to customers. The proposed Dynamic Mobile Service Architecture consists of a beacon sensor and customization framework. In the case study, the suitability of the Dynamic Mobile Service Architecture was verified by providing a dynamic coupon and advertisement service.