• Title/Summary/Keyword: Economic View

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Life Cycle Costing through Operating Number Control of Air Conditioning Systems in Office Buildings (사무소 건축물의 공조시스템 대수제어 여부에 따른 LCC 분석)

  • Park, Ryul;Jung, Soon-Sung
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.14 no.11
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    • pp.981-988
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    • 2002
  • Generally, the term "energy saving is economical" is appropriate for the national view point and for design and assessment of one system, but not appropriate when choosing the system by comparing alternative systems in the early design step. Sometimes, non-energy saving system is more economical than energy saving system because of the price of electricity, gas or oil, which are used for operating the air conditioning system. Therefore, when designing the system, we should consider the efficient alternatives through economic assessment of energy saving method. However, research on non-operating number control of the system is not sufficient because it is more common to use operating number control of the system for most economic assessment of air conditioning system. For this reason, this research can provide the economics through operating number control as basic design data. The data obtained through assesment of Life Cycle Cost based on amount of yearly energy use, were produced by system simulation of HASP/ACLD/8501 and HASP/ACSS/8502 for six alternative heating/cooling systems based on constant air volume conditioning system, which is widely used for medium and large office buildings in Busan.

A Study on the Managerial Factors to the Enterprise's Information Productivity (정보생산성에 영향을 미치는 기업경영 요인에 관한 연구)

  • Koo Il Seob;Kim Tae Sung
    • Journal of the Korea Safety Management & Science
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    • v.7 no.1
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    • pp.127-135
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    • 2005
  • In general one can find an enormous number of studies about the productivity of land, labor and capital, very little has been done so far to communicate about the productivity of corporate information creating and information-consuming resources in ways that are useful to business executives. In view of the enormous share of corporate spending on information resources it would be useful in planning, budgeting, as well as in performance evaluation to measure how information resources are used in creating EVA(economic value-added). The effectiveness in deploying information resources has potentially a greater effect on corporate financial performance than any other economic influence. That in because corporate executives have greater discretion in directing what their information management staffs will do than in setting the terms for materials purchases, employee compensation, taxes or interest rates. The expenses for information are mostly in the form of overhead costs. Because expenses for information are mostly overhead costs and not for costs of goods, the prudent decision-maker should have a wide array of discretionary options available for allocating this resource. This study is intended for analysis the factors that having effects on the enterprise information productivity and is to description the factor using a foreign enterprise case study.

A Study on Regional Revitalization by Creating a Landmark of Ulsanbawi in Goseong-gun, Gangwon-do (울산바위 랜드마크 조성을 통한 지역활성화 방안 연구)

  • Suhr, Myong-Suk
    • The Journal of the Convergence on Culture Technology
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    • v.6 no.2
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    • pp.313-319
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    • 2020
  • The Misiryeong East-West road opened in July 2006, after the opening of the Expressway between Seoul and Yangyang in June 2017, has led to a recession caused by a decrease in the number of visitors to nearby region, leading to the emergence of economic crisis in the surrounding region. Against this background, in order to revitalize the Healing Road in Misiryeong, we study to find a way to revitalize the region by creating a landmark in Ulsanbawi Rock. In order to create a landmark of Ulsanbawi Rock, an observation cafe, exhibition facilities, and convenience facilities were built, and a monorail was used to view Ulsanbawi Rock, and a healing plaza, resting area, and outdoor performance hall were installed to promote the local economy.

Comparative Analysis of Multi-functional Public Values of Paddy Fields in Korea and Japan (한일간(韓日間) 논의 공익적(公益的) 기능별(機能別) 가치평가(價値評價) 비교분석(比較分析))

  • Lim, Jae Hwan
    • Korean Journal of Agricultural Science
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    • v.26 no.2
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    • pp.70-76
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    • 1999
  • Rice farming is not only the most important income resources of Korean farmers but also the roots of Korean traditional culture. Paddy fields have acted as an food supply base but also have contributed to the public multi-functions such as flood control, water conservation, controlling soil erosion, providing recreational and resting spaces, water purification, air cleaning, oxygen supply and air cooling and so on. The public multi-functions of paddy except rice production have not been evaluated before UR negotiation and starting WTO system. Under the drastic changes of rice economic settings as price decrease of rice and downward decrease of farm income, Korean and Japanese farmers might have lost their intention to grow rice in paddy fields without the direct payment system to compensate rice income decrease. To adapt the direct payment system, the total public value of multi-function of paddy should be identified in terms of money. According to the research results, the total value of multi-functional value of paddy in Korea were estimated 21,596thousand won which is higher than rice production value by 2.1 times. On the other hand the total value of Japanese paddy were amounted to 21,390 Yen which is more than that of Korea by 10times outstandingly. Likewise Japanese have evaluated the paddy field very important enterprise from the view point of food security and multi -functions of paddy to their socio-economic life and environmental sustainability in Japan.

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The Influence of Likert Scale Format on Response Result, Validity, and Reliability of Scale -Using Scales Measuring Economic Shopping Orientation-

  • Kim, Sae-Hee
    • Journal of the Korean Society of Clothing and Textiles
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    • v.34 no.6
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    • pp.913-927
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    • 2010
  • This study investigates the influence of Likert scale formats such as the number of response categories and the inclusion of a mid-point from a methodological point of view using instruments that measure a fashionmarketing-related subject. Using a self-administered questionnaire, 201 respondents rated their economic clothing shopping orientation on three formats of scales that differed only in the number of response categories (ranging from 5 to 7) from February 8 to February 12, 2010. Descriptive statistics, Spearman's rank order correlation, t-test, exploratory factor analysis, confirmatory factor analysis, Pearson's correlation, and Cronbach's alpha were used in the analysis. The results are as follows. First, three scale formats were generally suitable for use due to validity and reliability. Second, the response results varied with the number of categories and the inclusion of a mid-point, although the differences were statistically insignificant (with only a few cases that differed). Third, construct validity was more secure in scales with fewer categories, whereas convergent and discriminant validity was generally good in all scale formats. Fourth, reliability coefficients were higher in scales with more categories. Fifth, the number of categories was of greater importance to instrument design than the inclusion of a mid-point. Implications for appropriate scale designs are suggested in this study.

Geotectonic Movements and Metal Ore Deposits in South Korea (남한(南韓)의 지구조운동(地構造運動)과 금속광상(金屬鑛床))

  • Shin, Byung Woo
    • Economic and Environmental Geology
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    • v.7 no.1
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    • pp.1-21
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    • 1974
  • From the point of view of geological history, the land of South Korea is regarded as the subject of processes of the changes in formations of several geological blocks such as Kyonggi massif, Yeongnam massif, Taebaegsan basin, Kyungsang basin and so on. Through the long period of geological chronology, the present topography and geotectonics have been formed by the complicate interactions of epirogenetic movements, magmatism, orogenesis, differential vertical movements, metamorphism and sedimentation. The reason of the crust movements mentioned above, is suppossed that the Pacific and West Pacific plate have subducted directly or indirectly into the East Asia plate. This fact can be endorsed by the results of the studies on the heat flow, gravity anomaly, absolute age dating, tectonic lineation, lithofacies and the temperature of hot spring in South Korea. The formations of metal ore deposits as well as other geological processes can be determined by the mechanical control of the plates and be divided into several systematic patterns. The investigation of about 110 metal mines in South Korea shows the following results. (1) Plate boundary volcanic type is about 28% (2) Plate boundary plutonic type is about 44% (3) Intraplate sedimentary type is about 26% (4) Intraplate magmatic type is about 2%.

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Hercynian Orogenic Cycle in the Eastern Asia (동아(東亞)에 있어서의 헤르시니아 운동(運動))

  • Son, Chi Moo
    • Economic and Environmental Geology
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    • v.4 no.2
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    • pp.59-75
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    • 1971
  • Orogenic cycle is closely related with sedimentary cycle, and a sedimentary cycle involves the birth, development and disappearance of a sedimentary basin. Paleontological studies have indicated that birth or disappearance of sedimentary basins of separated regions frequently coincided in time. In this paper, the writer presents his assumption on the East Asian analogy of the Hercynian orogenic cycle in accord to the above mentioned generalities. Previous studies, including mine have a corollary that Korea and Southern China, which had been uplifted by the Caledonian movement, changed into low-lying region with subsiding areas in the Givetian time. The writer, thus, thinks that the Hercynian orogenic cycle started in Givetian, and that the Mongolian geosyncline in China, the Gangweon Basin in Korea and the Honshu geosyncline in Japan disappeared in the Ladinian. The writer, therefore, thinks that the Ladinian marks the end of the Hercynian orogenic cycle, but this assumption will have to be rechecked in consideration with the Alpine orogenic cycle. The Late Namurian-Early Bashkirian time, the dividing period between the early and late Hercynian orogenic cycle, is thought to correspond the time of the Hongjeom Series deposition. The writer is also of the view that the Akiyoshi orogenic cycle(T. Kobayashi) corresponds the late Hercynian phase, and that the Abenian movements(M. Minato) corresponds to the range from the late Caledonian phase to the former part of late Hercynian phase.

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The Impact of the Canada-Korea Free Trade Agreement as Negotiated

  • Ciuriak, Dan;Xiao, Jingliang
    • East Asian Economic Review
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    • v.18 no.4
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    • pp.425-461
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    • 2014
  • This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos and other industries). The sensitive sectors that held up the deal for years - autos into Canada and beef into Korea - witness major trade gains, but are not unduly disrupted. In both economies, the major output gains otherwise come in non-traded services sectors, driven by income effects. We find that trade diversion effects are quite significant; this lends support for the domino theory of major free trade agreements - since the Korea-EU agreement broke the ice, the pressure has intensified on third parties to re-level playing fields by striking their own deals. The study breaks new ground in modelling services trade by developing policy impacts based on the extent to which the text of the Agreement modifies Korea's and Canada's scores on the OECD's Services Trade Restrictiveness Index and by providing estimates of Mode 3 Services trade impacts. The analysis of the Agreement as negotiated, the present study, in our view, is a step forward in understanding the impact of modern free trade agreements.

Trade Finance and Trade Collapse during the Global Financial Crisis: Evidence from the Republic of Korea

  • Song, E. Young
    • East Asian Economic Review
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    • v.18 no.4
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    • pp.395-423
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    • 2014
  • This study examines the role of trade finance in the trade collapse of 2008-09 from the perspective of the Korean economy. We use two approaches. Firstly, as background to a more formal analysis, we make a casual observation on the behavior of aggregate data on trade finance, on which Korea has relatively abundant data. Aggregate data do not convincingly support the view that trade finance played an active role in causing the trade collapse. The measures of trade finance and the value of trade both dropped sharply, but the ratio of trade finance over trade was stable and in some cases increased during the crisis period. Secondly, using quarterly data on listed firms in Korea, we conduct panel estimations to test whether firms that are more dependent on external finance experienced greater export contraction during the crisis. Our regression analysis suggests that the financial vulnerability of firms, measured by various financial ratios, did not contribute to export contraction during the financial crisis. This observation largely applies even to smaller firms, who are usually thought of as being more vulnerable financially. However, we find that small exporters that relied heavily on cross-border trade payables or receivables suffered larger drops in export growth during the crisis.

Archival Science and Ethics (기록학과 윤리적 관점)

  • Lee, Youngnam
    • The Korean Journal of Archival Studies
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    • no.50
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    • pp.5-60
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    • 2016
  • This paper considers the relationship between ethics and archives by asking the question "who is the archivist?". Aside from this, the researcher also emphasized the following theses. First, archival science should search for ethics as a discourse and not just the Code of Ethics. Second, an archivist should state his/her view in their archives field. Third, archival science should search for both personal and practical knowledge. Aside from these, this article argues also that an epistemological approach is necessary for ethics.