• The Journal of Asian Finance, Economics and Business
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• v.5 no.2
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• pp.43-51
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• 2018

We study the impact of economic policy uncertainty (EPU) of Asian four countries such as Korea, Japan, Hong Kong, and China on housing market returns in Korea. Also, we document the relationship between the EPU index of those four countries and the housing market including macroeconomic indicators in Korea. The EPU index of those four countries has significantly a negative effect on the housing purchase price index, housing lease price index in Korea. The EPU index in Korea and Japan has significantly a negative effect on the CPI. The EPU index in only Japan has significantly a negative effect on the PPI. The EPU index in Hong Kong and Korea has significantly a negative effect but the EPU index in China significantly has a positive effect on the stock price index in construction industry. The EPU index in only Korea has significantly a negative effect the stock price index in banking industry. This study shows the EPU index of the Korea has the negative relationships on the housing market economy rather than other countries by VECM. And this study has an important evidence of the spillover of several macroeconomic indicators in Korea for the EPU index of the Asian four countries.

• Proceedings of the Safety Management and Science Conference
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• 2009.04a
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• pp.337-350
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• 2009

Using the Malmquist productivity index, this paper compares the productivity of Korean manufacturing industries from 1999 to 2006. The malmquist productivity index has more advantages than previous methods such as solow model, endogenous growth theory. The malmquist productivity index can be decomposed productivity into two parts. The first part is an index of the technical efficiency change. This index has high value when the elements of production is used more efficiently. The second part is an index of technical change. This index has high value if the advent of new technology and process innovation occur.

• Journal of Korean Society for Quality Management
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• v.32 no.2
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• pp.212-231
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• 2004

It is very important to produce military goods for customers, and a customer satisfaction index should be developed for quality control of military goods. Seoul National University and Defense Quality Assurance Agency jointly developed MCSI (Military Customer Satisfaction Index). In this paper the model of MCSI is explained, and the sampling design and survey method is introduced. Also a preliminary test was undertaken, and its result is briefly explained.

• Korean Management Science Review
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• v.12 no.1
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• pp.61-77
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• 1995

The Ergonomic Workload Stress Index (EWSI) was developed to predict the existence and level of the ergonomic workload stress in the workplace. To determine the validity of model, the values of the EWSI and two other similar techniques, Job Severity Index (JSI) and Physical Work Stress Index (PWSI) were evaluated in two actual industrial environments. The results from the validation study provide further substantial evidence that two techniques, JSI and PWSI, which have similar objective considerations, are significantly associated with the value of the EWSI among the employees participating in the experimentation.

• Korean Journal of Health Education and Promotion
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• v.12 no.2
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• pp.36-47
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• 1995

This research was obtained from analyzing how the physiques of the 3rd grade students of high school for males and females and developed for the last eleven years(from 1983 to 1993). By the physiques and nutritional index of physical growth and development, Relative Body Weight of 36.62 exceeded the standard, on the other hand females showed lower records than the standard. Relative Chest Girth Index belonged to the normal type of males and females in all, in the comparison of the records between 1983 and 1993, males increased in average 0.29 and females in average 0.55. Relative Chest Girth Index of females was greater than that of females. By the results of Relative Sitting Height Index, growth of the lower body for males and females was greater than that of males. In case of Vervaeck Index, males increased in average 2.04 but females increased in average 1, 20 relatively less than males. These phenomena provided for the evidence of the deficient nutrition in females. In the regression models of body height and body weight within a certain period, statistical regression model types which best indicated chronological average changes of body height and body weight, took 3rd Order Polynomial Regression Model rather than linear regression model. In females, statistical regression model types which best is suitable for chronological average change of body height and body weight, took 4th and 2nd Order Polynomial Regression Model respectively. The prediction value of 1995 by estimated polynomial regression model anticipated that body height of 3rd grade year students of high school of males in 1993 went on increasing from 170.87cm to 171.79cm in average 0.92cm growth and that of females from 158.99cm to 160.79cm in average 1.80cm growth. In addition, body weight of males seemed to increase from 62.58kg to 64.52kg in average 1.94kg growth and that of females seemed to increase from 54.05kg to 54.19kg in average 0.14kg growth. Linear Regression Model was suitable for the regression model of body weight for body height. Prediction on increase of an average body weight for body height was that, according to growth of body height 1cm in males, body weight increased 1.41kg averagely and that of females 0.86kg. For that reason, we came to conclusion that body weight increase for body height 1cm in males was greater than that in females on average.

• Journal of KIISE:Databases
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• v.31 no.6
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• pp.684-698
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• 2004

The Hippocratic database model recently proposed by Agrawal et al. incorporates privacy protection capabilities into relational databases. Since the Hippocratic database is based on the relational database, it needs extensions to be adapted for XML databases. In this paper, we propose the Hippocratic XML database model, an extension of the Hippocratic database model for XML databases and present an efficient access control mechanism under this model. In contrast to relational data, XML data have tree-like hierarchies. Thus, in order to manage these hierarchies of XML data, we extend and formally define such concepts presented in the Hippocratic database model as privacy preferences, privacy policies, privacy authorizations, and usage purposes of data records. Next, we present a new mechanism, which we call the authorization index, that is used in the access control mechanism. This authorization index, which is Implemented using a multi-dimensional index, allows us to efficiently search authorizations implied by the authorization granted on the nearest ancestor using the nearest neighbor search technique. Using synthetic and real data, we have performed extensive experiments comparing query processing time with those of existing access control mechanisms. The results show that the proposed access control mechanism improves the wall clock time by up to 13.6 times over the top-down access control strategy and by up to 20.3 times over the bottom-up access control strategy The major contributions of our paper are 1) extending the Hippocratic database model into the Hippocratic XML database model and 2) proposing an efficient across control mechanism that uses the authorization index and nearest neighbor search technique under this model.

• Journal of Convergence for Information Technology
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• v.11 no.9
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• pp.84-93
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• 2021

The purpose of this study is to analyze whether the spread of COVID-19 infectious diseases acts as a fear to investors and affects the direction and volatility of stock returns. The investor fear index was proposed using the domestic confirmed patient information of COVID-19, and the influence on stock prices was empirically analyzed. The direction and volatility models of stock prices used the Granger causality and GARCH models, respectively. The results of empirical analysis using the KOSPI index from February 20, 2020 to June 30, 2021 are as follows: First, the COVID-19 fear index showed causality to future stock prices. Second, the COVID-19 fear index has a negative effect on the volatility of KOSPI index returns. In future studies, it is necessary to document the cause by using individual business performance and stock price instead of the stock index.

• Land and Housing Review
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• v.11 no.2
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• pp.33-46
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• 2020

As the fastest growing office transaction volume in Korea, there's been a need for development of indicators to accurately diagnose the office capital market. The purpose of this paper is experimentally calculate to the office price index for effective benchmark indices in Seoul. The quantitative methodology used a Case-Shiller Repeat Sales Model (1991), based on actual multiple office transaction dataset with over minimum 1,653 ㎡ from Q3 1999 to 4Q 2019 in the case of 1,536 buildings within Seoul Metropolitan. In addition, the collected historical data and spatial statistical analysis tools were treated with the SAS 9.4 and ArcGIS 10.7 programs. The main empirical results of research are briefly summarized as follows; First, Seoul office price index was estimated to be 344.3 point (2001.1Q=100.0P) at the end of 2019, and has more than tripled over the past two decades. it means that the sales price of office per 3.3 ㎡ has consistently risen more than 12% every year since 2000, which is far above the indices for apartment housing index, announced by the MOLIT (2009). Second, between quarterly and annual office price index for the two-step estimation of the MIT Real Estate Research Center (MIT/CRE), T, L, AL variables have statistically significant coefficient (Beta) all of the mode l (p<0.01). Third, it was possible to produce a more stable office price index against the basic index by using the Moore-Penrose's pseoudo inverse technique at low transaction frequency. Fourth, as an lagging indicators, the office price index is closely related to key macroeconomic indicators, such as GDP(+), KOSPI(+), interest rates (5-year KTB, -). This facts indicate that long-term office investment tends to outperform other financial assets owing to high return and low risk pattern. In conclusion, these findings are practically meaningful to presenting an new office price index that increases accuracy and then attempting to preliminary applications for the case of Seoul. Moreover, it can provide sincerely useful benchmark about investing an office and predicting changes of the sales price among market participants (e.g. policy maker, investor, landlord, tenant, user) in the future.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.3
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• pp.2234-2241
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• 2015

This study has been undertaken to develop a relationship between the shear strength coefficients and the cone index. The theoretic mathematical equations for the relationship were rigorously investigated, and then a Artificial Neural Network(ANN) analysis was adapted to enhance the reliability of the investigation. The theoretical investigation involved various assumptions resulting in the significant error involvement of geotechnical behaviors of ground. Therefore, a model using the ANN has been learned to enhance the prediction of the cone index form the shear strength parameters. Site investigation reports from various construction fields were used for ANN model learning. The results of the study show that the model predicts the cone index from the shear strength parameters of soils very well. The further study that is undertaking has a potential promise of the generalized prediction technique for the cone index from the soil parameters.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.256-260
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• 2004

As a large portion of defence budget are alloted for military facility construction, reasonable budget estimation in the planning stage has been officers' main concerns. However the proper estimation of construction cost is difficult to be carried out due to the absence of systematic criteria. To improve the budget estimation for military facility construction, this study proposes a cost index model which can convert historical cost to current cost. Thus the developed cost index would enhance effectiveness of budget estimation process 3nd support reasonable decision making. This cost index model is developed by analyzing historical cost data with statistical methodology The study is executed by following process. First, factors which affect construction cost for the most are selected by analyzing historical cost data. second, the selected factors are categorized material cost, labor cost and equipment cost, and weights of those factors are calculated by dividing the cost of each factor by total item costs. Last, cost index is developed by using weighted average method.