• Title/Summary/Keyword: Growth Accounting

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An Empirical Study on costing and Pricing in On-Line Database Service (온라인 데이터베이스 서비스의 원가계산과 가격결정에 관한 실증적 연구)

  • Lee, Yeong-Jae;Jeong, U-Seong
    • The Transactions of the Korea Information Processing Society
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    • v.4 no.1
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    • pp.23-38
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    • 1997
  • Based on previous research for end-users information needs, this research is to investigate DB costing method for decision-making on pricing of DB service by critical factors. The first phase of the research classifies the elements of DB product cost accounting by activities of the circulation system of information in DB service. The second phase is to develop model based on results of DB product costing in the first phase of research. The third phase of research is to present the process of DB product cost accounting by applying the model to an on-line service company. Finally, the research develops the pricing decision model to determine the priority of each factor by survey from major on-line service companies in America and Japan. It is essential to research further regarding the DB product costing and pricing methods in order to determine a proper DB service charge. The right Pricing decision in the DB service charge will contribute to the growth of the DB industry.

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An Analysis of the Whole Area of Business Administration by the Characteristics in the Software Venture Business (S/W 벤처기업의 특성별 경영 현황분석)

  • 손성호;한계섭
    • The Journal of Information Systems
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    • v.10 no.1
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    • pp.323-352
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    • 2001
  • Venture business plays a great role in creating national competitive power in every country. In particular, software venture business can mostly belong to manufacturing business, and takes the top seat of core industry as the basis of globalization, informatization and localization as well as the driving force of national competitive power. However, software venture business still has some risks in the whole area of business administration including the process of business starting. There are also problems to be solved in such areas as manager's ability, leadership, talent, level of technical development, marketing channel, recruiting of marketing specialists, financial plan and fund raising. In this respect, this study divides 102 software venture businesses into two; business in the stage of growth and matured business through the analysis of questionnaire and analyzes their present managerial conditions according to their characteristics after classifying them into four categories such as general management, technical development, marketing, finance and accounting. Therefore, this study attempts to provide the basic data useful for business activities of software venture business from now on. The results are as follows; First, it can be judged that software venture businesses make efforts for their technical development in their character, and that they make a great investment in research and development. Consequently, it can be believed that this kind of investment must be continued in the future. Second, it can be seen that they are not much interested in marketing and its manpower. In fact, software venture businesses develop products technically at the risk of their life, while marketing plays an important role in the continuity of business. Thus, it is necessary for them to invest in the supplement of manpower in marketing. Third, it is observed that they generally have some difficulties in raising money from outside. By the way, it. is believed that this problem will be solved by appealing to the persons interested such as investors and creditors, if evaluation system would be developed more exquisitely so that their accounting and technical value may be appraised.

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Patterns of Upper Aero-digestive Tract Cancers in Kamrup Urban District of Assam: A Retrospective Study

  • Sharma, Jagannath Dev;Kalita, Manoj;Barman, Debanjana;Sharma, Arpita;Lahon, Ranjan;Barbhuiya, Jamil Ahmed;Deka, Barsha;Kataki, Amal Chandra
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.17
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    • pp.7267-7270
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    • 2014
  • Background: The incidence of upper aero-digestive tract (UADT) cancers, including C00-C14, C30-C32, C15 and C16, is increasing rapidly in Kamrup Urban District (KUD) of Assam, North East (NE) India. According to the NCRP (2013) report 37.6% of all cancers in both sexes are UADT cancers in the NE region, accounting for 53.3% in males and about 27.5% in females of the total cases. Materials and Methods: A retrospective study was conducted for patient information from the period of 2008-2011. Age-standardized or age-adjusted rates (ASR or AAR) (per 100,000 person-years) were calculated using the World Standard Population as proposed by Segi and modified by Doll et al. The registry population area at risk was estimated using the 1991 and 2001 census population by sex, as well as the growth rate during that interval using the difference distribution method. Results: There were 5,638 cases registered during the last four years of the study (2008-2011) accounting for 56.7% (3,198/5,638) of the total in males and 43.3% (2,440/5,638) in females. The male: female ratio was 1.31:1.00. The overall age adjusted rates (AAR) were 179.4 and 153.8 per 100 000 males and females respectively. Cancer of the oesophagus was most common in both sexes, with most appreciable gender variation for tongue and hypopharynx, presumably reflecting differential expsoure to risk factors.

A Study on the Changes of the Vegetation by Burned Grasses in Saebyeol-Oreum of Jeju-do (새별오름에서 초지 화입에 의한 식생 변화 연구)

  • Song, Kuk-Man;Kang, Seong-Hyun;Choi, Sun-Ah;Kim, Moon-Hong
    • Journal of Environmental Science International
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    • v.19 no.5
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    • pp.543-548
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    • 2010
  • This research was made to investigate the effects of burned, which is made in the early spring every year at Saebyeol-Oreum from 2003 to 2009, on changes in vegetation on the grassland. The results of analyzing the characteristics of the lay of the land showed that the proportion of the surface land that had the angle of azimuth and the angle of slope in the range of southeast $135^{\circ}{\sim}180^{\circ}$ accounting for 73.89% and $21^{\circ}{\sim}30^{\circ}$ accounting 58.33% of the entire surface land, respectively, was found to be highest. The results of the analysis showed that the relative importance value was found to be lowered from 27.07 in 2003 to 19.47 in 2009, and this can be attributable to the relative importance value of Artemisia japonica having been heightened from 7.07 in 2003 to 16.23 in 2009. The reason that the relative importance value of Artemisia japonica was found to be high is thought to be that vegetation on the surface land was removed by burned in the early spring and, due to this, the dry surface of soil and the high slope accelerated the soil erosion and could not provide proper environment of the growth and development for Imperata cylindrical and Miscanthus sinensis, so Imperata cylindrical and Miscanthus sinensis were excluded and Artemisia japonica whose importance value had been highest have flourished. Researches to maintain the current vegetation on the burned location of Saebyeol-Oreum and to adjust physical characteristics of soil to restore vegetation and the proper time and cycle of burned should be conducted.

How can we narrow the digital divide among SMEs in APEC member economies? (중소기업 정보화 수준 격차 해소방안에 관한 국가 간 비교연구)

  • Kwon, Sun-Dong;Yang, Hee-Dong;Sohn, Yong-Yeop;Lee, Seong-Bong;Sirh, Jin-Young;Cho, Taek-Hee
    • Journal of Information Technology Applications and Management
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    • v.12 no.2
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    • pp.79-106
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    • 2005
  • This study, by adopting case study methodology, is focused on examining the present state and analyzing the cause of the digital divide, and suggesting policies for bridging the divide, specifically in view of SMEs. We have taken cases of manufacturing companies, visiting and interviewing 18 SMEs in 10 APEC member economies which show sharp difference in usage of ICT. In order to analyze the digital gap among SMEs, we used 5 variables that are composed of computer hardware, computer software, Internet, readiness of ICT, and performance of ICT adoption, while categorizing the cases into low and high tier based on the national ICT index. From a computer hardware perspective, the high tier (0.66) has almost double the number of PC’s per employee, compared with the low tiers (0.34). This gap can be explained by financial availability of low income and high tariff in the developing economies. In the computer software perspective, the SMEs in the low tier had some restrictive use of computer applications such as financial and accounting management and document management, while those in the high tier enjoyed more diversity in the use of applications such as inventory management, sales management, financial and accounting management, procurement management, CRM, and ERP. In view of the readiness of ICT, the difference in ICT infrastructure and financial status between the low and high tier was far wider than any other variables. As a result of ICT adoption, SMEs benefited in view of learning and growth, internal business processes, customer service, and financial affairs. To effectively bridge the digital divide between the low and high tier, actions such as setting up a secondary market of used computers among cooperating developed and developing countries, developing and diffusing good business applications, and building speedy, low-cost telecommunication infrastructures should be taken.

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Determinants of Hedging and their Impact on Firm Value and Risk: After Controlling for Endogeneity Using a Two-stage Analysis

  • Seok, Sang-Ik;Kim, Tae-Hyun;Cho, Hoon;Kim, Tae-Joong
    • Journal of Korea Trade
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    • v.24 no.1
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    • pp.1-34
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    • 2020
  • Purpose - In this study, we investigate determinants of hedging with derivatives and its effect on firm value and firm risk for Korean firms. Design/methodology - To avoid the endogeneity problem pointed out in previous studies, we use a two-stage analysis by using gains and losses from derivatives as instrument variable for hedging with derivatives. Findings - Our analysis on the determinants of hedging shows that firms that are more leveraged and less profitable, and with more growth opportunities are likely to hedge through derivatives. Additionally, large firms, firms less diversified into industry, and firms more diversified geographically are likely to use derivatives. Our two-stage analysis shows that indicators of hedging with derivatives have an insignificant effect on firm value, and the indicator of futures/forwards use and of swaps use have significant negative effect on firm value. Whereas, the extent of hedging with derivatives has positive effect on firm value for all types of foreign currency derivatives, which suggests that moderately low hedgers use derivatives inefficiently, but extensive hedgers use derivatives properly. With regard to firm risk, hedging with derivatives increases market-based risk, but decreases accounting-based risk. Thus, we conclude that Korean firms use derivatives to manage operational volatility rather than to manage market risk, and accounting-based risk reduction through hedging is not directly translated into higher firm value. Originality/value - This is not the first study to investigate hedging behavior of Korean firms, but the sample period that that this study analyzed is the longest and various method are used to control the endogeneity problem. We investigate not only total foreign currency derivatives but also by types of derivatives, including futures/forwards, options, and swaps.

Regional Relative Price Disparities and Their Driving Forces

  • Chang, Eu Joon;Kim, Young Se
    • East Asian Economic Review
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    • v.21 no.3
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    • pp.201-230
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    • 2017
  • This paper studies the long-run behavior of relative price dispersion among cities in Korea with a special emphasis on heterogeneous transitional patterns of price level dynamics. Formal statistical tests indicate considerable evidence for rejecting the null of relative price level convergence among the majority of cities over the sample period of 1985-2015. The analysis of gravity model suggests that the effect of transportation costs on intercity price level differentials is limited, while other socioeconomic factors, such as income, input factor prices, demographic structure, and housing price growth, play key roles in accounting for persistent regional price level disparities. Individual price levels are found to be better explained by a multiple-component model, and the deviations from PPP may be attributed to distinct stochastic common trends that are characterized by income and demographic structure.

Prediction of the crack aspect change in twin surface cracks (2개의 대칭표면구열의 구열형상변화 예측)

  • 최용식;김재원
    • Journal of the korean Society of Automotive Engineers
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    • v.14 no.2
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    • pp.65-75
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    • 1992
  • An analytical scheme for predicting the crack aspect pattern of materials which contain twin surface cracks was developed. Fatigue tests were performed on twin surface cracked PMMA plate specimens to obtain the interaction factor accounting for the interference effect of adjacent cracks. Here, the interaction factor is defined as the ratio of the stress intensity factor for twin surface cracks to that for a single surface crack. From the analysis of the fatigue test result, the interaction factor was presented as the ninth-order polynomial expression having a function of dimensionless crack spacing ratio. Then the polynomial expression was incorporated into the prediction program of the crack aspect pattern for twin surface cracked materials. And, the interaction effect and the coalescence condition of adjacent cracks were simplified in the newly developed prediction scheme of the crack aspect pattern. The predicted crack growth pattern using the prediction scheme was compared with test data from PMMA specimen. The predicted pattern agreed well with the test data.

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Numerical Analysis of Corrosion Effects on the Life of Boiler Tube (보일러관의 수명에 부식이 미치는 영향에 대한 수치해석)

  • Hong, Seong-Ho;Kim, Jong-Seong
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.24 no.11
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    • pp.2812-2822
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    • 2000
  • Several methods have been developed to predict the rupture time of the boiler tubes in thermal power plant. However, existing life prediction methods give very conservative value at operating stress of power plant and rupture strain cannot be well estimated. Therefore, in this study, rupture time and strain prediction method accounting for creep, corrosion and heat transfer is newly proposed and compared with the current research results. The creep damage evolves by continuous cavity nucleation and constrained cavity growth. The corrosion damage evolves by steam side and fire side corrosion. The results showed good correlation between the theoretically predicted rupture time and the current research results. And rupture strain may be well estimated by using the proposed method.

Introduction to the Dutch Goat Industry and a Cheese Making Farm (네덜란드 유산양 산업과 치즈생산 목장 Stroese Dame)

  • Ham, Jun-Sang
    • Journal of Dairy Science and Biotechnology
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    • v.33 no.1
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    • pp.69-73
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    • 2015
  • The world is presently facing key challenges due to the population explosion, shortages in renewable sources of energy, and environmental problems. One important aspect of ecological intensification is the use and improvement of marginal lands and spaces often ignored, until now. Goats are known to be well adapted to scrubs, forage trees, and rangelands. Goats could contribute marginally, but significantly, to the growing demand for meat without using arable lands. Since 2000, there were 752 million goats globally, and goat livestock increased by 26.8% in 2010, accounting for 954 million heads. Goats are widespread due to their high adaptability to different environmental conditions and nutritional regimes, high productivity, and low maintenance cost. A significant growth in goat number was noticed in the period 2000~2010 in the Netherlands (+113.83%), in spite of the 9.75% decrease in EU-27. A cheese making goat farm in the Netherlands showed how it can survive in the one fifth size of the average. It may be a good model for the Korean goat industry since it uses seasonal breeding and results in reduced "goaty" flavor in the cheese.

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