• Title/Summary/Keyword: Economic validity

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Effect of International Trade and Business for Approval Mediated by Relationship Capabilities on Korea's Export Growth

  • Bong-Ju Kang;Yang-Kee Lee
    • Journal of Korea Trade
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    • v.26 no.6
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    • pp.61-82
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    • 2022
  • Purpose - This study analyzed the effect of obtaining international products and qualification certification on exports according to the suitability evaluation system. Recently, non-tariff barriers have emerged as technical barriers, and the Biden administration is trying to achieve export growth and economic growth by utilizing the demand for conformity assessment following the Fourth Industrial Revolution and the free trade system from the perspective of Korea. Design/methodology - This study analyzed the effect of a manufacturer's product certification acquisition on a company's export performance using Resource-Based View-based multiple regression analysis. To this end, concentration validity was confirmed through Factor analysis and Cronbach's alpha, and correlation analysis was performed to verify discriminant validity. Findings - Product certification and qualification have a positive impact on the company's export performance. In particular, technological dynamism and relationship control have had a significant impact. Originality/value - Considering that the Conformity Assessment Management Act will take effect in earnest in 2022, this study is believed to suggest that companies that have been certified to meet international standards may improve their export performance and increase their value in the future. International market.

Reliability and Validatity of a Korean version of Posttraumatic Growth Inventory Among Cancer Caregivers (암환자 가족을 대상으로 한 '외상 후 성장 척도(K-PTGI)'의 타당도 검증)

  • Rhee, Young-Sun
    • Korean Journal of Social Welfare Studies
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    • v.40 no.2
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    • pp.123-143
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    • 2009
  • To investigate the reliability, validity of posttraumatic growth among Korean cancer caregiver, 295 participants were asked to complete a Korean posttraumatic growth inventory, translated from the Posttraumatic Growth Inventory (PTGI; J Trauma Stress 1996; 9: 455.471), together with the Caregiver burden scale, life style interruption scale, economic burden scale and positive adaptation scale, social support scale and questions about religious and demographic factors. Cronbach's alpha was 0.95 for the K-PTGI, indicating sufficient internal consistencies. Construct and Criterion validity were also supported. K-PTGI appeared to be a sound measure for the experience of posttraumatic growth in cancer caregivers and this study result will be able to contribute to facilitate future research.

Developing Framework Model for Economic Renewal and Exchange of Geo-Spatial Data - A Case Study of Daegu Metropolitan City - (지리공간자료의 경제적 갱신과 교환체계를 위한 모형개발 - 대구광역시를 사례로 -)

  • Nam, Hyeong-Geun;Sakong, Ho-Sang;Um, Jung-Sup
    • Journal of the Korean Association of Geographic Information Studies
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    • v.11 no.1
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    • pp.138-154
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    • 2008
  • Geo-special technologies are being adopted in variety fields since the 3rd NGIS plan that was started at 1996. However, the required system or structure to guarantee the up-to-date validity and accuracy of the geospatial data - the most fundamental elements of the technology - was not constructed yet. All the activities related to geospatial data, including topographical map and numerical base map, are all implemented in separate way; from change of geographical objects and features, data gathering, and database construction to distribution, transfer and sharing of these data. The data model that links all the activities are required that enables consistent data-flow and effective and systematic work-flow. In this study, economic data renewal and exchange method was proposed, and benefit-cost analysis was implemented by comparing the conventional work-flow to newly proposed work-flow. The case study was implemented using the model that was adopted in Daegu metropolitan city, and the model was developed by reflecting these results.

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Benefit Cost Analysis on Beach Restoration Work Using the Contingent Valuation Method (조건부 가치추정법에 의한 해안침식 방지사업의 비용편익분석)

  • Kim, Kyu-Han;Park, Chan-Ik;Park, Jung-Wook
    • Journal of Ocean Engineering and Technology
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    • v.20 no.6 s.73
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    • pp.108-113
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    • 2006
  • For the past scores of years, our country has driven its land development toward economic growth as its top priority. ut, as a result that almost all developments been promoted excepting environmental values, in fact, they've incurred some bad environmental effects desirable. Especially, as representative examples, we can raise some issues such as damages of the foreshore or coast wet lands by seas reclamation, and coast corrosion by building up of rivers or coast constructions. Recently, many people started to have great interests in businesses of environment preservation or recycling to minimize effects of these environmental matters. However, before beginning public businesses of non-commercial goods relevant to the seas environments, there seemed to be some limitations that can not accomplish under consideration of environmental sides at the same time while performing economic validities and efficiencies with environmental economic analysis, which is already effective in countries advanced in environment, it's a very meaningful course in that citizens' opinions are being influenced in seas environmental policies for their efficient execution. In this research, after modeling coast corrosion preventives with Jeong-am coast of Gangwon Province, and using Contingent Valuation Method being widely used of value measuring methods on Non-commercial goods, we've appreciated environmental economy's validity of construction works and the scale of environmental economic value of beach restoration work.

Economic Value of Marine Forests in Korea (우리나라 바다숲의 경제적 가치)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.49 no.1
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    • pp.17-35
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    • 2018
  • This study is to evaluate economic value of the ecosystem service benefits of the marine forests provided to our society on the basis of the global standard valuation manual. The main results of this study are summarized as follows: First, the ecosystem service benefits of marine forests are worth 771,121,551 won per hectare for a year in Korea. Second, when evaluating value based on the services benefits of the marine forests, as resource provisioning service, the annual value of the fishery potential production amounts to 58,512,271 won per hectare. The annual value of the environmental and regulatory services is estimated to total 29,574,000 won per hectare including 546,488 won per hectare for climate regulation, 85,342 won per hectare for pollution purification, and 28,942,170 won per hectare for erosion protection. The annual value of the culture and tourinsm services is estimated to total 15,317,647 won per hectare including 5,011,765 won per hectare for skin scuba service and 10,305,882 won per hectare for sea fishing. Also, the aunnual non-use value is estimate to 637,800,000 won per hectare. Third, assuming that the value of the sea forests increases proportionally to the unit area, the marine forests can be valued at 12.7 trillion won per year based on 12,208.2 hectares of marine forests creation area and 4,272.6 hectares of natural seaweed beds. Fourth, the total economic value of the marine forests can be estimated at 244 trillion won in 2016, if the value of the marine forests permanently continues in the future by applying 5.5% of the social discount rate. The results of this study are expected to serve as a valuable information for improving awareness of the value of marine forests ecosystem and ensuring the validity of the marine forests creation policy by converting the value of the marine forests's ecosystem service into monetary units.

A Study of Economic Indicator Prediction Model using Dimensions Decrease Techniques and HMM (차원감소기법과 은닉마아코프모델을 이용한 경기지표 예측 모델 연구)

  • Jeon, Jin-Ho;Kim, Min-Soo
    • Journal of Digital Convergence
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    • v.11 no.10
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    • pp.305-311
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    • 2013
  • The size of the market as the economy continues to evolve, in order to make the right decisions to accurately predict the economic problems the market has emerged as an important issues. To express the modern economic system, the largest of the various economic indicators, pillars stock indicators analysis and decision-making with a proper understanding of the problem for the application of the model is suitable for time-series data concealment HMM. Based on this time series model and the calculation of the time and cost savings dimension decrease techniques for the estimation and prediction of the model was applied to the problem was to verify the validity. As a result, the model predictions in both the short term rather than long-term predictions of the model estimates the optimal predictive value similar pattern very similar to both the actual data and was able to confirm that.

The Effect of Corporate CSV Activities on Prosocial Consumer Behavior through Emotional Factors

  • Hong, Seong-Sil;Song, In-Am;Kim, Gyu-Bae
    • East Asian Journal of Business Economics (EAJBE)
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    • v.5 no.3
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    • pp.48-63
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    • 2017
  • Purpose - The objective of this research is to investigate not only the effect of a company creating shared value (CSV) influencing consumers' emotions that lead to prosocial consumer behavior but also the moderating effect of Companies' authenticity in the causal relationship between economic or social value of CSV and either gratitude or pride of consumers. Research design, data, methodology - The 9 hypotheses presenting the relationship among CSV, consumer's emotion and prosocial consumer behavior were proposed and tested in this study. Research data were collected from the surveying of 350 respondents over 20 years and the 340 samples were used to test the proposed hypotheses. SPSS 20.0 and AMOS 20.0 were used for statistical analysis such as reliability test, validity test and path analysis. Results - The results show that the economic or social value of corporate CSV activities affects positively consumer's gratitude or pride except for the relationship between social value of CSV and consumer's pride. The results also show that gratitude or pride of consumers affects positively consumers' prosocial behavior. We also found that there is a moderating effect of Companies' authenticity in the causal relationship between economic or social value of CSV and either gratitude or pride of consumers. Conclusions - Company's activities in creating shared value influences consumer emotions and pride, and although these activities induce gratitude, this does not apply to pride. In addition, when these shared value activities influence consumer emotions, the authenticity of the company has shown to have a moderating effect.

The Analysis on the Value of Yongsan National Park and its Economic Effect

  • Chang, In-Seok;Cho, Young-Tae;Lee, Mi-Hong;Park, Shin-Won
    • Land and Housing Review
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    • v.2 no.4
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    • pp.491-501
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    • 2011
  • This study estimated economic value and benefits of Yongsan National Park, which will be constructed by financial investment of the government and objectively estimated the real value of it by understanding the value of the park from a user's view of the park. For this, the value of Yongsan National Park is divided into using value such as carbon reduction and the function of relieving urban heat island as an environmental material and non-using value based on willingness to pay of the public according to the construction of the park. As a result of the analysis, it was found out that the using value of Yongsan National Park would reach 130 million won up to maximum level of 450 million won per year, and the non-using value was analyzed to be worthy of 2,344 won per capita every month. Besides, economic ripple effect that can be expected in the process of the park construction project was analyzed to be a national policy that creates effect on production inducement of 2.6 trillion won and value added of 809.6 billion won and new jobs for 25,620 persons. Considering the value of Yongsan National Park and the effect of the project based on the result of this study, it was found that it could sufficiently secure the validity of implementing the project compared to the financial investment by the government. Therefore, it must be emphasized that diffusion strategy is necessary for national understanding and for a nation to make it understood its appropriateness widely in respect to the construction of Yongsan National Park for the successful construction of Yongsan National Park and to raise its using value in the future.

A Study on the Volatility Analysis of Economic Indicators Using Extended Bayesian Information Criteria (확장된 베이지안 정보기준을 이용한 경기지표의 변동성 분석 연구)

  • Jeon, Jin-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.4
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    • pp.260-266
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    • 2017
  • The global economy, including Korea, has continuously searched for various market-friendly policies and new economic systems in pursuit of the forth industrial revolution. As a result, economic markets have grown, and factors affecting markets have diversified. Therefore, as for many company's decision makers, it has become an important issue to analyze and forecast markets accurately and effectively for rapid and appropriate decision making. In this study, we aim to improve the accuracy and validity of forecast models by applying extended information criteria in existing restricted information criteria to determine optimized modeling for the accurate analysis and prediction of complex market environments. In order to verify the practical use of the extended information criteria adopted in this study, we compare this study employing KOSPI data with previous studies. Experimental results show that applying extended information criteria is more accurate than using the existing information criteria.

Economical & Technological Ripple Effects in Acquiring New Weapon System : Focused on Ground·Sea·Air Weapon System (국방무기체계 연구개발 기반 경제적·기술적 파급효과 : 지상·해상·공중 무기체계를 중심으로)

  • Shin, Sang-Wook;Oh, Cheon-Kyun;Yim, Dong-Soon;Choi, Bong-Wan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.4
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    • pp.111-122
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    • 2018
  • The private sector is currently reviewing the feasibility of the project or deciding economic policies by analyzing the economic ripple effects. However, the arms acquisition project focuses on the need for the national defense weapons system by analyzing the costs and the effectiveness of the analysis and reviewing the necessity and feasibility of the project. In order to analyze the economic ripple effects, KB (the Bank of Korea) prepares and publishes an analysis table of industrial associations in a given unit. IAAR (the industrial association analysis report) is difficult to apply directly to the defense weapons system. Therefore, research on the economic ripple effects applicable to the defense arms procurement project was needed. In this study, we propose the generic methodology for estimating economical and technical ripple effects resulted in acquiring new weapon systems. Based on the analysis of inter-industrial relations, economical ripple effects are estimated with production inducing effects, value-induced effects, employment-induced effects and export-induced effects. Also, the technological ripple effects are estimated with technological intensity represented by investment cost in research and development. To show the validity of proposed methodology, a case study of acquiring new weapon systems such as GR (guided rocket), destroyer, and helicopter is accomplished. From the case study, it is concluded that these economical & technological ripple effects can be used as a reference to decision making in the course of acquiring major future defense weapons systems.