• The Journal of Economics, Marketing and Management
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• v.3 no.4
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• pp.5-11
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• 2015

The study examined the socio-economic factors influencing the participation of rural farming households in barter trade in Ondo State, Nigeria. The objectives were to compare the socio-economic characteristics of the participants and non-participants in barter trade, analyze the preference for barter trade and identify the constraints to it. Also, the factors affecting respondents' participation in barter trade were identified. Empirical results indicated that there were significant differences in the socio-economic characteristics of the participants and non-participants in barter trade. The SWOT analysis showed that possession of agrarian attributes by the locality where the trade is practiced was the strongest factor ensuring the survival of barter in the study area. Double coincidence of wants was found to be the most prevailing weakness associated with barter while the major reason for participation by some households was that the quantity of commodities received is usually higher compared with cash transactions. Transportation cost to barter markets was found to be the greatest threat to the continued existence of barter trade in the area. The results of the Probit model showed that age, household size, transportation cost to cash markets, farm size, distance to barter markets, and formal education significantly affected the probability participating in barter trade.

• Proceedings of the KIEE Conference
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• 1998.07c
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• pp.1238-1240
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• 1998

For economic operating of distribution system, utility has to minimize the loss in distribution line by controlling reactive power and power factor. This paper presents calculation of reactive power in distribution line, estimation of the condenser capacity according to distance, and computation of optimal location and proper condenser capacity.

• Journal of the Economic Geographical Society of Korea
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• v.13 no.2
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• pp.181-195
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• 2010

The policy of industrial complexes (innovative clusters) is being changed to build the linkage structure within Mega Economic Region according to the national policy of Mega Economic Region. The aim of this analysis is to draw the hypothetical linkage structure of industrial complexes in the internal and external Capital Region. First, with the survey data of firms located in the industrial complexes, we can catch the regional linkages of firms in the local area and internal and external Mega Economic Region. Next, the measure of structural similarity between industrial complexes is calculated with the number of employees by industrial sectors. After considering the geographical distance between industrial complexes, the percentage of industrial sectors and the location quotient synthetically, the idea of hub-and-spoke type linkage structure between clusters is deduced.

• Journal of Korea Trade
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• v.25 no.4
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• pp.146-163
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• 2021

Purpose - This paper examines China's impact on Korea's ICT exports considering the direct competition channel, the production shift channel, and the indirect demand channel at once. This paper also takes China's economic rebalancing into account and discusses whether it makes any differences in the effect of the three channels. Design/methodology - To quantify the effect of the three channels, I constructed a linear panel regression model and estimated it with various estimation methods including the system GMM. China's exports toward the same destination as Korea's exports, Korea's exports toward China, and the third countries' exports toward China respectively reflect the three channels. China's GVC indicators are included as well to evaluate the effect of further China's economic rebalancing. Since the present paper has a greater interest in the effect of China rather than the determinant of bilateral trade, a (fixed effect) panel model becomes more appropriate than the gravity model because timeinvariant variables in the gravity model, such as the distance and the language, are eliminated during the estimation process. Findings - The estimation results indicate that Chinese ICT exports are complementary to Korea's ICT exports in general. However, when markets are considered in subgroups, China's ICT exports could have a negative effect in the long run, especially for SITC75 and SITC76 markets, implying a possible competitive threat of China. The production shift effect turns significant during China's economic rebalancing in the markets for the advanced economies and the SITC76 product. China's indirect demand channel is also in effect significantly for the advanced economy and SITC75 commodities during China's economic rebalancing periods. In addition, this paper shows that China's transition toward upstream in the global value chain could have a positive impact on Korea's ICT exports, especially at the Asian market. Originality/value - The contribution of this paper is threefold. First, it focuses on the ICT industry for which Korea increasingly depends on China and China becomes a global hub of the GVC. Second, this paper quantitatively studies three channels in a model in contrast to the literature which mostly examines those channels separately and pays less attention to the GVC aspect. Third, by utilizing relatively recent data from the period of 2001-2017, this paper discusses whether China's economic rebalancing affects the three channels.

• Journal of the Economic Geographical Society of Korea
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• v.21 no.4
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• pp.335-349
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• 2018

This study analyzes the effect of the changes in traffic environments such as transportation speeds on the time-distance accessibility for the public transportation passengers. To do this, we use passenger transaction databases of the Seoul metropolitan public transportation system: one week for each of the three years (2011, 2013, and 2015). These big data contain the information about time and space on the traffic trajectories of every passenger. In this study, the time-distances of links between subway stations and bus stops of the public transportation system at each time are calculated based on the actual travel time extracted from the traffic-card transaction database. The changes in the time-distance accessibility of the integrated transportation network from the experimental results can be summarized in two aspects. First, the accessibility tends to decline as the year goes by. This is because the transportation network becomes more complicated and then the average moving speed of the vehicles is lowered. Second, the accessibility tends to increase on the weekend in the analysis of accessibility changes by day. This tendency is because the bus speeds on bus routes on the weekend are faster than other days. In order to analyze the accessibility changes, we illustrate graphs of the vehicle speeds and the numbers of passengers by year and day.

• The Journal of the Korea Contents Association
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• v.22 no.10
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• pp.627-641
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• 2022

Although CSV means pursuing social and economic values at the same time, research on consumer benefits recognized by consumers, the subject of economic value, is insufficient. The purpose of this study is to investigate the effect of CSV activities of financial companies on purchase intention through consumer benefits and psychological distance for consumers. 265 copies of survey data were collected, and the research hypothesis was verified using SPSS 25.0 and Smart PLS 3.0. As a result of the analysis, first, fairness and authenticity had a positive (+) effect on both social and personal benefits. Second, it was found that the social and personal benefits subjectively perceived by consumers had a positive (+) effect on both purchase intention. Third, it was found that the social benefits perceived by consumers through CSV activities of financial companies had a positive (+) effect on purchase intention through psychological distance, but the mediating effect of personal benefits was not significant. Based on these research results, practical proposals were made to increase the efficiency of CSV activities by grasping the effect of consumers and purchase intentions on CSV activities of financial companies, and conclusions, implications, and future research directions were presented.

• Journal of Environmental Impact Assessment
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• v.21 no.2
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• pp.297-314
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• 2012

This study investigates the stigma effect of unwelcomed facilities on apartment prices through multiple regressions based on hedonic price method. The areas studied are Sang-gye Jugong 7, 9, 10 apartment complexes. The facilities analyzed are the Chang-dong Electric Subway Depot and the Do-bong Driver's License Agency. The factors studied include the environmental variable (the elapsed time since the announcement of the re-location of these facilities), the view commanding, the distance from Chang-dong Depot, the distance from Do-bong Driver's License Test Course, the distance from neighboring facilities (subway stations, schools, parks and so on), the floor and each dwelling's exclusive space. The data used are 2,822 sales which have been collected since January 1, 2006. The facts found are as follows; first, the view commanding and the distance from the unwelcomed facilities are statistically significant. second, the environmental variable, 'days' turns out to have a positive (+) and a negative (-) significant relationship with the dependent variable, 'price', in period II and period IV respectively. This implies that the stigma effect is real. third, there are significant differences in the influence on the apartment prices among the independent variables according to time. fourth, the stigma effect is estimated as 33,686,920 Korean won in the case of the apartments which have the view commanding and 30,311,844 won in the other case before the global economic crisis. This effect seems to decrease to 22,085,078 won after the crisis. These facts suggest that stigma effects could be considered as one of the benefits in the cost-benefit analysis of Chang-dong Depot re-location project to produce somewhat higher NPV or B/C ratio.

• Economic and Environmental Geology
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• v.36 no.3
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• pp.201-212
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• 2003

Recently, the ability of earthquake detection in the Kyungsang Basin of southeastern Korean Peninsula is greatly improved since seismic stations including seismic network of KIGAM(Korea Institute of Geoscience and Mineral Resources) have been significantly increased. However, a large number of signals from explosions are recorded because of frequent medium to large chemical explosions. The discrimination between natural earthquakes and explosions in the Basin has become an important issue. High frequency local records from 43 earthquakes and 43 explosions with comparable magnitude are selected to establish a reliable discrimination technique in the Basin. Several discrimination techniques in spectral domain using spectral amplitude ratios among Pg, Sg, and Lg waves are widely examined with tile selected data. Among them the Pg/Lg spectral ratio method is appeared to be a good discrimination technique to improve the discrimination power. Multivariate discriminant analysis is also applied to the Pg/Lg spectral ratios. The discrimination power of the Pg/Lg ratios for distance corrected three component record compared to uncorrected vertical component one shows distinct improvement. In the frequency band 4 to 14 Hz, Pg/Lg spectral ratio for distance corrected three component record provides discrimination power with a total misclassification probability of only 0.89%.

• Journal of Ocean Engineering and Technology
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• v.32 no.4
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• pp.272-278
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• 2018

Recently, the use of hazardous chemicals has been continuously increasing. Therefore, the international trade volume is growing and chemical accidents have increased. Nowadays, the safety awareness of the public has increased. As a result, the management and supervision of hazardous chemicals have been strengthened. However, the port policy of Korea has focused on increasing the volume of cargo through facility development. Thus, the port management of hazardous chemicals has been relatively neglected. For national economic growth and society, the port management of hazardous chemicals should be considered to efficiently ensure safety and economic growth. Therefore, this study assumed scenarios where hazardous materials were moved in a dangerous container, not only on appropriate wharfs but also in ports that were close to a big city. The BTX substances were selected among the toxic chemicals with large import and export volumes, and the risk distance and damage effects were predicted using various risk assessment programs. It is expected that this could be used to improve a port safety management system and could be utilized to determine the safety distance in case of an accident.

• Economic and Environmental Geology
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• v.43 no.1
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• pp.33-42
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• 2010

The purpose of this study was to understand the degree of natural radon removal efficiency of small-scale water supply systems. Six sites were selected for this study, and data on well characteristics (depth, pumping rate, water tank capacity, distance from well to tap water) were obtained. Water samples both from raw water and three tap waters at each site were collected and analyzed for radon concentration. Average radon removal efficiency of the five sites (A-E) in Nov. 2006 was 26.0% while that of the same sites in Dec. 2006 was 45.6% indicating seasonal difference in natural radon removal efficiency. Meanwhile short-term (April 23, April 30, May 8, 2007) radon removal efficiency from the site F was 44.1-49.0%, implying only a little difference in natural radon removal efficiency. The degree of radon removal at tap water was influenced mainly by pumping rate rather than distance from the well and water tank capacity.