• Asia-Pacific Journal of Business
• /
• v.11 no.2
• /
• pp.27-43
• /
• 2020

Purpose - This study explores the impact of the real estate industry on related industries for the perspective of Chinese steel companies. Design/methodology/approach - The impact of housing prices on the 41 listed steel companies' performance was analyzed by using the panel data model. We used two kinds of housing price indexes that are set in the panel data models to estimate the range of the real estate market, driving the performance growth of steel listed companies. Moreover, the net profit of steel companies is used as the dependent variable. To test the stability of the model, ROA used as a dependent variable for the robustness test. Also, to avoid the time trend of housing prices, this paper selects the growth rate of housing prices as the primary research variable. After Fisher-type testings, there is no unit root problem in both independent and dependent variables. Findings - The results indicated that the rise in the housing price has a positive influence on the steel company performance. When the housing price increases by 1%, the net profit of steel enterprises will increase by 5 to 20 million yuan. Research implications or Originality - In this paper, empirical data at the micro-level and panel model are used to quantify China's real estate industry's driving effect on the iron and steel industry, providing evidence from the microdata level. It helps us to understand further the status and role of China's real estate industry in the economic structure.

• Proceedings of the KIEE Conference
• /
• 2007.07a
• /
• pp.719-720
• /
• 2007

Korea, for the first time in the world, constructed 765 kV double circuits transmission lines, which has 3 phases and 6 bundles with vertical arrangement using steel pipes in 1998. Also in 2002, we developed 765kV outdoor full GIS substation with self-developed technology. KEPCO accumulated a wealth of technologies for 765kV system construction and operation, and are listed 5th in technology field in the world. With this advanced technologies, we are developing oversea business. We started with a projects, 'Development Study on the Power System Network Analysis in Myanmar' in 2001, and continued the project to transmission design, consulting for transmission technology including the education of foreign trainees in south-east and middle east asia. Currently, 12 overseas businesses including 330kV transmission system consulting in Ghana, are in progress. In 2007, beginning with 750 kV transmission consulting in China, we are operating ATT(Advanced Transmission Technology) training program, which educate engineers of government and utilities company from China, Myanmar, Cambodia, Laos and Cambodia. However, for the successful development study on the power system, design of the power system and the training service, it is essential to standardize load design criteria in consideration of temperature, wind speed, air pressure and density, etc. of the other countries. Therefore, in this paper, standardized load design criteria for Cambodia, Laos, Myanmar is explained.