• Title/Summary/Keyword: Growth Accounting

Search Result 291, Processing Time 0.026 seconds

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
    • /
    • v.33 no.1
    • /
    • pp.69-73
    • /
    • 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.

  • PDF

응력 주입 층을 이용한 Kerf-less 웨이퍼링 기술 동향

  • Yang, Hyeon-Seok;Eom, Nu-Si-A;Kim, Ji-Won;Im, Jae-Hong
    • Ceramist
    • /
    • v.21 no.2
    • /
    • pp.75-82
    • /
    • 2018
  • In the photovoltaics (PV) industry, there were many efforts to reduce the cost of production with high efficiency. The single most important cost factor in silicon technology is the wafer, accounting presently for ~35% of the module cost. it was already shown that the solar cell efficiency can be maintained up to the thickness range of $40-60{\mu}m$. The direct production of ultra-thin silicon wafer is very attractive and numerous different techniques, such as electrochemical process, ion implantation, and epitaxial growth, have been proposed and developed in many academic and industrial laboratories.

A Case of Financial Distress of Leasing Company: A Financial and Accounting Analysis of P Leasing Company (리스금융회사의 정보화 및 경영실패 사례연구 -P리스사의 재무회계분석을 중심으로-)

  • Lee, Young-Hwan
    • Journal of Digital Convergence
    • /
    • v.2 no.1
    • /
    • pp.145-160
    • /
    • 2004
  • P Leasing Company was a steady growing company with positive net income in most years since 1985 when it was established. However, it suddenly experienced a minus net income of 6.8 billion won in 1996. The reason of its deficit was known to be the financial distress of its two major leasing contracts. The total amount of two contracts was 58 billion won witch is about 8% of total amount of its leasing contracts. In this paper, we analyse how the disability of lease payments from the two leasing contracts influence P Leasing Company's financial stability, growth opportunity, and profitability. In addition, by performing ROI analyse, we point out the financial reasons of P Leasing Company's deficit in 1996. We hope our case analysis to help students understand the cash flow of leasing companies. The P Leasing Company case also illustrates the fact that bad leasing contracts would seriously affect the profitability of leasing companies as bad loans would seriously do the profitability of commercial banks.

  • PDF

Why monetary system failed and How to restructure it

  • Kababji, Maher
    • The Journal of Economics, Marketing and Management
    • /
    • v.3 no.1
    • /
    • pp.23-32
    • /
    • 2015
  • Present monetary system is based on fallacies. The purpose of this article is to highlight the pitfalls in economic thinking. The article shows that this way of thinking leads to the creation of inflation which is the root of all evil. The analysis proceeds in different approach to the contemporary theory of money. An inflation- free monetary system is introduced. Monetary system is the set of mechanisms that controls money. In this broad sense, monetary system can be divided into three different systems. Each of them has different goal; National monetary system which aims to raise sufficient funds in order to reach an optimal level of output growth that maintains full employment and satisfies the economic requirements of the community. National redistribution system which aims to redistribute funds in order to sustain individuals at or above a specified material standard of living, and enable government to provide public services. International monetary system which aims to preserve rights of parties in foreign exchange transactions.

Investigating the Construction Industry from Key Performance Measurements

  • Choi, Kunhee;Lee, Hyun Woo;Bae, Junseo;Ryu, Kyeong Rok
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.150-153
    • /
    • 2015
  • The construction industry is an integral part of any nation's economy, whether measured by dollar volume or workforce size. In spite of its strong influence, there has been very little specifically aimed at evaluating the current industry performance. This research investigates the macroeconomic performance of the construction industry by accounting for crucial performance affecting factors such as labor productivity and gross margin. A clustering analysis, followed by a series of statistical analyses, yielded a notable finding that labor productivity is the most important factor that affects industry's profitability. The results of the analysis also revealed that the states with the strongest labor productivity show the highest level of profitability in terms of gross margin. This study should be of value to decision-makers when plotting a roadmap for future growth and rendering a strategic business decision.

  • PDF

An Empirical Estimation on Contributions of Education Level to Economic Growth by (한국의 교육이 경제성장에 미친 영향 분석;내생성장모형과 $1975{\sim}'04$년간 자료를 이용하여)

  • Jang, Chang-Won
    • Proceedings of the Population Association of Korea Conference
    • /
    • 2006.12a
    • /
    • pp.113-128
    • /
    • 2006
  • The main theme of this paper was to investigate the role of education as a source of economic growth in Korea. In this study, first, the objective mode was built by extending neoclassical Solow growth theory. Second, the capital deepening typical of an endogenous economic per-capita growth model was developed empirically for seven East-Asian economies as for the medium term, during $1975{\sim}2004$. And then we found the meaning of coefficients of growth factors, direct relative contribution of each input to per-capita growth in seven East-Asian countries, relative indirect contribution of education to per-capita growth in Korea, accounting for difference due to accumulation in Korea. The indirect relative contributions of secondary and higher education and R&D to per-capita growth change the results somewhat. Secondary education is still the largest single contributor 83.6 percent of predicted growth is due to secondary school enrollment in Korea. Primary education comes second with 37.5 percent and followed by higher education at -52.9 percent. Physical investment gives 62.3 percent and unimproved raw labor contributes only -1.4 percent.

  • PDF

Reviewing Classification Scheme of Timber Assets for the National Accounting in Korea (국부통계 산출을 위한 입목자산 분류기준의 정립)

  • Chong, Se Kyung;Kim, Young-Hwan
    • Journal of Korean Society of Forest Science
    • /
    • v.96 no.6
    • /
    • pp.724-729
    • /
    • 2007
  • Due to the low productivity in timber harvesting, economic values of forest resources have been rarely validated in Korea. Since the Korea Forest Service provided a statistic of the timber assets for the survey of the 4th National Accounting (1998), no more statistics or measurements have been provided. Further, it becomes an issue that there is no clear standard to classify timber assets into produced or non-produced assets. In this research, we intended to provide a reasonable standard that enables one to classify timber assets either in produced or non-produced assets. For this purpose, articles in the '1993 System of National Accounts (SNA)', which presented definitions and scopes of biological assets, were scanned. The articles related to timber assets in the Korean version of SNA were compared with those in the original version of SNA that were proposed by UN. The results show that the Korean version of SNA seems to have much emphasis on natural occurrence or plantation for the classification standard, while its original version rather focus on the existence of direct control, responsibility, and management by institutional units. According to the original version of SNA, naturally occurring assets, which were basically classified into non-produced assets, were treated as being cultivated and classified into the produced asset when they (or their growth) were under the direct control, responsibility, and management of institutional units. Therefore, a guidance was presented to renew the Korean version of SNA and to innovate the classification standards for timber assets.

The Analysis of the current state and components of Korea's National Debt (한국의 국가채무 현황과 구성요인 분석)

  • Yang, Seung-Kwon;Choi, Jeong-Il
    • Journal of Digital Convergence
    • /
    • v.18 no.9
    • /
    • pp.103-112
    • /
    • 2020
  • The purpose of this study is to examine the current status and components of Korean National Debt and to analyze the effects of each component on National Debt. In the Korean Statistical Information Service (KOSIS), we searched for data such as General Accounting Deficit Conservation, For Foreign Exchange Market Stabilization, For Common Housing Stability, Local Government Net Debt Public Funds, etc that constitute National Debt. The analysis period used a total of 23 annual data from 1997 to 2019. The data collected in this study use the rate of change compared to the previous year for each component. Using this, this study attempted index analysis, numerical analysis, and model analysis. Correlation analysis result, the National Debt has a high relationship with the For Common Housing Stability. For Foreign Exchange Market Stabilization, Public Funds, etc., but has a low relationship with the Local Government Net Debt. Since 1997, National Debt has been increasing similarly to the For Foreign Exchange Market Stabilization, For Common Housing Stability and Public Funds etc. Since 2020, Korea is expected to increase significantly in terms of For Common Housing Stability and Public Funds, etc due to Corona19. At a time when the global economic situation is difficult, Korea's National Debt is expected to increase significantly due to the use of national disaster subsidies. However, if possible, the government expects to operate efficiently for economic growth and financial market stability.

Roles of Fibroblast Growth Factor-inducible 14 in Hepatocellular Carcinoma

  • Li, Nan;Hu, Wen-Jun;Shi, Jie;Xue, Jie;Guo, Wei-Xing;Zhang, Yang;Guan, Dong-Xian;Liu, Shu-Peng;Cheng, Yu-Qiang;Wu, Meng-Chao;Xie, Dong;Liu, Shan-Rong;Cheng, Shu-Qun
    • Asian Pacific Journal of Cancer Prevention
    • /
    • v.14 no.6
    • /
    • pp.3509-3514
    • /
    • 2013
  • The prognostic value of the fibroblast growth factor-inducible 14 (Fn14) expression in hepatocellular carcinoma (HCC) is unknown. Real-time PCR (RT-PCR), western blot assays and immunohistochemistry analysis were here performed in order to compare Fn14 expressios in paired liver samples of HCC and normal liver tissue. Most of the tumor tissues expressed significantly higher levels of Fn14 compared to adjacent non-tumor tissues, with Fn14High accounting for 54.6% (142/260) of all patients. The Pearson ${\chi}^2$ test indicated that Fn14 expression was closely associated with serum alpha fetal protein (AFP) (P=0.002) and tumor number (p=0.019). Univariate and multivariate analyses revealed that along with tumor diameter and portal vein tumor thrombosis (PVTT ) type, Fn14 was an independent prognostic factor for both overall survival (OS) (HR=1.398, p=0.008) and recurrence (HR=1.541, p=0.001) rates. Fn14 overexpression HCC correlated with poor surgical outcome, and this molecule may be a candidate biomarker for prognosis as well as a target for therapy.

[ $C^{\ast}$ ]-integral Based Life Assessment of High Temperature Pipes ($C^{\ast}$-적분에 기초한 고온배관 수명평가)

  • Lee Hyungyil
    • Journal of the Korean Institute of Gas
    • /
    • v.4 no.4 s.12
    • /
    • pp.25-33
    • /
    • 2000
  • In recent years, the subject of remaining life assessment has drawn considerable attention in power plants, where various structural components typically operate at high temperature and pressure. Thus a life prediction methodology accounting for high temperature creep fracture is increasingly needed for the components. Critical defects in such structures are generally found in the form of semi-elliptical surface crack, and the analysis of which is consequently an important problem in engineering fracture mechanics. On this background, we first develop an auto mesh generation program for detailed 3-D finite element analyses of axial and circumferential semi-elliptical surface cracks in a piping system. A high temperature creep fracture parameter $C^{\ast}$-integral is obtained from the finite element analyses of generated 3-D models. Post crack growth module is further appended here to calculate the amount of crack growth. Finally the remaining lives of surface cracked pipes for various analytical parameters are assessed using the developed life assessment program.

  • PDF