• KDI Journal of Economic Policy
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• v.14 no.2
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• pp.109-153
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• 1992

This paper estimates a translog cost function for the Korea's banking industry and derives various implications on the prospect for the Korean banking structure in the future based on the estimated efficiency indicators for the banking sector. The Korean banking industry is permitted to operate trust business to the full extent and the security business to a limited extent, while it is formally subjected to the strict, specialized banking system. Security underwriting and investment businesses are allowed in a very limited extent only for stocks and bonds of maturity longer than three year and only up to 100 percent of the bank paid-in capital. Until the end of 1991, the ceiling was only up to 25 percent of the total balance of the demand deposits. However, they are prohibited from the security brokerage business. While the in-house integration of security businesses with the traditional business of deposit and commercial lending is restrictively regulated as such, Korean banks can enter the security business by establishing subsidiaries in the industry. This paper, therefore, estimates the efficiency indicators as well as the cost functions, identifying the in-house integrated trust business and security investment business as important banking activities, for various cases where both the production and the intermediation function approaches in modelling the financial intermediaries are separately applied, and the banking businesses of deposit, lending and security investment as one group and the trust businesses as another group are separately and integrally analyzed. The estimation results of the efficiency indicators for various cases are summarized in Table 1 and Table 2. First, security businesses exhibit economies of scale but also economies of scope with traditional banking activities, which implies that in-house integration of the banking and security businesses may not be a nonoptimal banking structure. Therefore, this result further implies that the transformation of Korea's banking system from the current, specialized system to the universal banking system will not impede the improvement of the banking industry's efficiency. Second, the lending businesses turn out to be subjected to diseconomies of scale, while exhibiting unclear evidence for economies of scope. In sum, it implies potential efficiency gain of the continued in-house integration of the lending activity. Third, the continued integration of the trust businesses seems to contribute to improving the efficiency of the banking businesses, since the trust businesses exhibit economies of scope. Fourth, deposit services and fee-based activities, such as foreign exchange and credit card businesses, exhibit economies of scale but constant returns to scope, which implies, the possibility of separating those businesses from other banking and trust activities. The recent trend of the credit card business being operated separately from other banking activities by an independent identity in Korea as well as in the global banking market seems to be consistent with this finding. Then, how can the possibility of separating deposit services from the remaining activities be interpreted? If one insists a strict definition of commercial banking that is confined to deposit and commercial lending activities, separating the deposit service will suggest a resolution or a disappearance of banking, itself. Recently, however, there has been a suggestion that separating banks' deposit and lending activities by allowing a depository institution which specialize in deposit taking and investing deposit fund only in the safest securities such as government securities to administer the deposit activity will alleviate the risk of a bank run. This method, in turn, will help improve the safety of the payment system (Robert E. Litan, What should Banks Do? Washington, D.C., The Brookings Institution, 1987). In this context, the possibility of separating the deposit activity will imply that a new type of depository institution will arise naturally without contradicting the efficiency of the banking businesses, as the size of the banking market grows in the future. Moreover, it is also interesting to see additional evidences confirming this statement that deposit taking and security business are cost complementarity but deposit taking and lending businesses are cost substitute (see Table 2 for cost complementarity relationship in Korea's banking industry). Finally, it has been observed that the Korea's banking industry is lacking in the characteristics of natural monopoly. Therefore, it may not be optimal to encourage the merger and acquisition in the banking industry only for the purpose of improving the efficiency.

• Journal of Korean Society of Environmental Engineers
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• v.34 no.1
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• pp.32-41
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• 2012

Greenhouse gases (GHGs) emissions from Kangwon National University was estimated to be 21,054 ton $CO_2$-eq in 2009, which was approximately 7% higher than that in 2005. Emissions from electricity usage in Scope 2 contributed to the upward annual trend of GHG emissions, comprising about 54.3% of the total GHG emissions. On the other hand, GHG emissions from Scope 1 and Scope 3 contributed approximately 25.3% and 20.4%, respectively. Various GHG reduction plans were also introduced and evaluated in this study. Among three reduction plans including LED substitution, improvement of transportation efficiency, and green campus action plan, the green campus action plan derived the most significant GHG reduction of 5.3% of total emissions. Estimated total reduced GHG emission was $1,570ton\;CO_2-eq\;yr^{-1}$ with all three reduction plans.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.20 no.2
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• pp.378-384
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• 2019

In the food wastewater treatment facilities, the water quality improvement effect and the greenhouse gas emission amount followed by the change in electricity usage through a change of the aeration tank ventilation system were evaluated. also, the amount of greenhouse gas emission followed by the change in electricity usage through the change of the sludge dewatering, storage, transporting method was also evaluated. The total GHG emission from food wastewater treatment facility improvement were divided into direct emissions from the treatment processes and indirect ones from electricity usage. The water quality improvement effect of wastewater treatment plant was found to be 63.3% for BOD removal rate, 42.0% for COD removal rate, 71.0% for SS removal rate and 39.6% for T-N removal rate. and according to the results of calculating output by applying both direct emissions of greenhouse gas (Scope 1) and the indirect emission (Scope 2) of greenhouse gas followed by changes in power consumption. It was estimated that there was a total of 276.0tCO2eq./yr(7.5%) greenhouse gas reduction effect from 3,668.8tCO2eq./yr before improvement to 3,392.8tCO2eq./yr after improvement. In this result is not due to the effects of water quality improvement of emission source, but because the reduction in electricity use has reduced the amount of greenhouse gas emissions.

• Proceedings of the Safety Management and Science Conference
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• 2001.05a
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• pp.211-215
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• 2001

In the last year, the number of registered vehicles in Korea surpassed the 12 million mark, and increase in number continuously Nowdays, this tendency has raised some problems inevitably in the view of expansion of ELV(end of life vehicle) and earth environment pollution resulted from it. For the proper scope with this environment pollution, recycling of parts and materials, minimization of wastes are desirable. And application of disassembly technology is required for it necessarily. Therefore it is essential to study systematically about disassembly technology of ELV with high efficiency for improvement recycling ratio and diminution shredder dust amount also in Korea.

• 한국공간정보시스템학회:학술대회논문집
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• 2004.05a
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• pp.197-205
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• 2004

A vocabulary for a understanding bridge has a different scope. There are the urban setting, landscape, lightness, from minimum to maximum, continuity, material, erection, motion and dynamic. Aesthetics criteria of footbridge design are movement and grace, space and experiment, symbolism, iconic, sculpture, innovation, spectacle, lighting, gemetry and wonder. New structural concepts of pedestrian bridges are presented on examples of recently built structures. The main characteristics of described structures are appropriateness, humanity, structural efficiency and aesthetics.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.31 no.2 s.257
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• pp.159-166
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• 2007

Mixing between two or more reagents is one of important processes in biochemical microfluidics. In efficient micromixer design, it is essential to analyze flow pattern and evaluate mixing efficiency with good precision. In this work, mixing efficiency for Y-channel micromixer is measured by fluorescence intensity using LIF(Laser Induced Fluorescence) Confocal Microscope. The Y-channel micromixers are fabricated with polydimethylsiloxane(PDMS) and those are bonded to glass plate through Plasma bonding. Nile Blue A is injected into the micromixer as a fluorescence dye for measuring of fluorescence intensity by He/Ne laser. For visualization of the flow pattern, dynamic image capturing is carried out using CAM scope. For the comparison with computer simulation, modified SIMPLE algorithm for incompressible flow equation is solved for the same geometry as in the experiment. Throughout the experiments and computer simulation, accurate mixing efficiency evaluation process for a PDMS Y-channel micromixer is established.

• Journal of Korea Port Economic Association
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• v.27 no.4
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• pp.37-49
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• 2011

By strengthening the market control and expanding the networks, providers of global logistics are expanding their service scope. E-logistics connects e-business to internal and external information system by using WMS, TMS, and OMS. The paper focuses on analyzing the efficiency of the tope fifty Global Logistics Providers. Therefore, the study classifies the factors which specify the efficiency of a total logistics industry and verified its firmness. Furthermore, the most recently published reports by Logistics Quarterly and Armstrong Association in 2011 was used in order to guarantee credibility of the study. This study utilizes three years of materials, from 2007, 2008, 2009 on publish 2010, for scope period for analysis. By applying SBM (Slack Based Measure) & the DEA Window model, the trend in efficiency and stableness was analyzed. Consequently, the main purpose of the paper is evaluating the efficiency. Also, analyzing its determinants and illustrating a long-term relationship between the annual turnover and major shippers was used as output measures. In addition, the number of information system operations, the grade of information systems, and employee of Logistics Providers was used as input measures.

• Journal of Information Technology Applications and Management
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• v.9 no.3
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• pp.97-111
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• 2002

This paper attempts to provide an overview of relationship between the characteristics of the network and competitive strategies. We review the theoretical background of the efficiency of network, which Is very important for the network-based industries. Network externality, positive feedback effects, bandwagon effects, economies of scale, economies of scope in network-base businesses are reviewed. Various network situations, including interconnection, and strategies are also discussed. In this purpose, simple but meaningful examples and cases are used to show the economic goals and means of network competition strategies. We try to link network strategies to the generic strategies and coopetition suggested by Porter and by Brandenburger and Nalebuff respectively. Since this study is an exploratory research, further studies on more complex network situation in the real work can be executed with taking advantage of this effort.

• Proceedings of the IEEK Conference
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• 2006.06a
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• pp.531-532
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• 2006

This paper presents our implemented, synthesized and tested on demand and partial reconfiguration approaches for FIR filters using Xilinx Virtex FPGAs. Our scope is to implement a low-power, area-efficient autonomously reconfigurable digital signal processing architecture that is tailored for the realization of arbitrary response FIR filters on Xilinx Virtex4 FPGAs. The implementation of design addresses area efficiency and flexibility allowing dynamically inserting and/or removing the partial modules to implement the partial reconfigurable FIR filters with various taps. This partial reconfigurable FIR filter design shows the configuration time improvement, good area efficiency and flexibility by using the dynamic partial reconfiguration method.

• Journal of Ocean Engineering and Technology
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• v.20 no.4 s.71
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• pp.64-69
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• 2006

A numerical analysis is made to investigate the wave absorption efficiency of a OWC-type wave power generator. Energy absorption by an OWC(Oscillating Water Column) air-chamber is computed in regular waves, taking account of the oscillating surface-pressure, due to pressure drop, across the duct of the air chamber. The problem is formulated in the scope of potential theory and solved by the Localized Finite Element Method(LFEM), based on the classical variational principle. The efficiency of energy absorption is investigated by. changing wave conditions, sea-bottom slope and pressure drop coefficient.