• Title/Summary/Keyword: Market Indices

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Evaluation of Impurity Content Criteria of Recycled Aggregate for Lean Concrete Base (빈배합 콘크리트 기층용 순환골재의 이물질 품질기준 적정성 연구)

  • Kim, Nam-Ho;Yang, Seung-Cheol
    • International Journal of Highway Engineering
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    • v.14 no.3
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    • pp.69-76
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    • 2012
  • A recent shortage in Korean aggregate market leads a social demand to utilize recycled aggregate to more advanced level, such as the use in concrete structures or paving materials for surface and base layers. Government announced a recycled aggregate guideline in 2009 to provide an institutional framework for recycled aggregate in such an up-scaled use. The use of recycled aggregate in such use; however, is very minimal. This paper evaluates the validity of the impurity content criteria of recycled aggregate for lean concrete base through a series of material tests. The analysis results shows that reclaimed asphalt pavement (RAP) in recycled aggregate not only influence a strength lean concrete adversely, but also influence negatively on an absorption and abrasion characteristics of aggregate system significantly that made those two indices lower. Since absorption and abrasion characteristics are very important indices for recycled aggregate quality, RAP in recycled aggregate could significantly mislead the recycled aggregate qualification. This paper provides a suggestion to resolve these problems.

A Patent Analysis on Coal Gasification Technology (석탄가스화 기술에 대한 특허분석)

  • Moon, Seong-Geun;Jung, Yung-Hoon;Kim, Yoon-Jung;Chung, Yon-Soo
    • Clean Technology
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    • v.18 no.2
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    • pp.144-154
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    • 2012
  • Technology trends of coal gasification were studied through patent analysis. The patents published or registered in Korea, U. S. A., Japan and Europe, and administered by the World Intellectual Property Organization from mid 1970s to 2010 were analyzed based on the application tendency, patent share, major applicants and their activity indices, and market power, etc. Japan and U. S. A. led the patent activities in the early phase of technology development, but major applicants had been diversified globally since 2000. Portfolio analysis revealed that the technology was under developing period. The analysis showed that the most active R&D had been focused on gasifier development. Technology competitiveness was analyzed via indices such as cites per patent, patent impact index, technology strength and patent family size, etc. Key patents were extracted through quantification based on patent family size and cites per patent. The technology flow was figured out to reveal the technology trends.

Potentials of Regional Clustering: the Case of Food Industry at Gyeongsangnam-Do (식품 클러스터의 잠재성 분석: 경남지역을 중심으로)

  • Kim, Sung-Yong;Ahn, Byung-Il;Kim, Yun-Shik;Lee, Mi-Sook;Nam, Kyung-Soo;Gil, Su-Min
    • Journal of agriculture & life science
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    • v.43 no.6
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    • pp.117-127
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    • 2009
  • There are worldwidely rising interests in food cluster as it has been perceived as a strategy for improving the competitiveness of food industry. This paper examines the potential of food industry at Gyeongsangnam-do for a regional clustering in terms of five cluster indices. These indices include the absolute size, the relative size of food industry, the level of its concentration, specialization, and market power exertion as an industrial cluster. The result shows that food industry at Gyeongsangnam-do has a potential for a regional clustering.

Developing a Program Performance Management Framework for Mixed-use Development in Urban Regeneration Projects (입체복합공간 개발사업의 프로그램 성과관리 체계 구축)

  • Lee, Kang-Wook;Hong, Hwa-Uk;Park, Hee-Dae;Han, Seung-Heon
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.1
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    • pp.141-152
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    • 2011
  • The market volume of urban regeneration projects has steadily increased, thereby mixed-use development also shows significant market growth. However, previous researches on urban regeneration mainly deduced suggestions and plans for institution improvement based on comparison between projects implemented the inside and outside of the country. Whereas, researches on project management closely related to project success were limited, particularly in performance management. Accordingly, this research aims at developing a program performance management framework for public clients so as to succeed mixed-use development projects. Through extensive literature review and expert interview, this research developed performance indices for diverse facilities, risk management framework and integrating method of program performance score. The proposed framework is able to consider total life cycle from basic planning to maintenance phase and to check real-time performance level. Moreover, risk management framework can periodically assess and control the level of inherent risks within performance indices. The results can contribute to improve existing performance management practices and be basis for a web-based system developed in future.

Financial Analysis on Changes in Profitability for Chaebol Firms in the Post-period of the Global Financial Turmoil (국제금융위기 이후 국내 재벌 계열사들의 수익성 변화요인에 대한 재무분석)

  • Kim, Hanjoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.5
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    • pp.352-362
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    • 2019
  • The study investigates one of the long-standing, but still controversial issues in modern finance from the international and domestic perspectives. That is, financial components and differences on corporate profitability are identified and compared under the primary hypotheses. Empirical research settings include the sample data as KOSPI-listed chaebol firms, time reference covering the post-era of the global financial turmoil and two differently defined profitability indices measured by the market- and the book-value bases. A majority of total 7 explanatory variables except firm size and leverage ratio reveal their statistically significant power to explain profitability indices for the chaebol firms in the first hypothesis. The results are generally compatible with those obtained from their counterparts of non-chaebol firms. In the second hypothesis applying multinomial logistic model, the chaebol firms are classified into three groups according to the level of profitability. It is then confirmed that variables to represent the market-valued debt ratio, business risk and growth potential are financially discriminating factors among the three groups. The study may provide a new vision to identify financial factors of corporate profitability for Korean chaebol firms after the global financial crisis, which can enhance the benefits of interested parties at the government or corporate level in a virtuous cycle.

Carbon control and environmental policy in the U.K. : A reappraisal of strategies for the green state (영국의 탄소규제와 환경정책 : 녹색국가 전략의 재평가)

  • Choi, Byung-Doo;Shin, Hae-Ran
    • Journal of the Korean association of regional geographers
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    • v.19 no.2
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    • pp.301-323
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    • 2013
  • The government of the UK since the 1990, especially under the new Labour Party, has pursued sustainable development or carbon control as a core strategy for its national development. The seemingly prominent environmental policy for 'greening the government' of the UK as well as considerable achievements in energy and environment indices have attracted much attentions of policy makers and researchers for the 'low carbon green growth' in Korea. This paper tries to see the character of carbon control and environmental policy in the UK not merely as the integrating or mainstreaming policy but a new strategy for national development, that is, for the 'ecologically modernized' state, eco-state, or green state. It defines the environmental policy for carbon control in the UK as the strategy for the green state which has provided it as a principal guide for integrating national policies as a whole, and which has pursued it through market-dependent neoliberal measures. From this point of view, this paper introduces the development process of carbon control and environmental policy mainly under the new Labour Party government in the UK, and gives a reappraisal of both its policy and of energy-environment indices.

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An Empirical Study on the Relationship Between Firm Characteristics, Financial Security Indices, and Financial Profit Indices of Korean Private Venture Capital Firms (창업투자회사의 특성과 재무안정성 및 수익성지표 간의 관계에 대한 실증적 연구)

  • Lee, Joo-Heon;Kim, Sung-Min
    • Korean Business Review
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    • v.19 no.1
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    • pp.157-174
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    • 2006
  • In the past, because Korean private venture capital firms could get government support and subsidies, they could be survived in the market without having required management capabilities, advanced venture investment techniques, and professional supporting agencies and institutions. However, business environments have changed a lot recently. Now, only through identifying the optimal financial structures(the ratio of debt to equity), Korean private venture capital firms can minimize investment risks and ensure higher profits. Since Modigliani and Miller(1958) criticized the existence of the optimal financial structure, there have been numerous studies on the optimal financial structure of firms. However, there is no empirical study investigating the financial structure of venture capital firms. The purpose of this article is to analyze the relationship between firm characteristics, financial security indies, and financial profit indices of korean private venture capital firms. We gathered the data from various sources, including the web pages and the financial statements for 2003 and 2004. By using the student's t-test and the correlation analysis, we showed that there are differences in the current ratio and the ratio of net profit to net sales between new and old korean private venture capital firms. Even though it is known that korean private venture capital firms does not have enough knowledge and investment technique to compete with global venture capital firms, our result show that old korean private venture capital firms have already built some knowledge and understanding of venture capital investing.

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Modeling and Prediction of Time Series Data based on Markov Model (마코프 모델에 기반한 시계열 자료의 모델링 및 예측)

  • Cho, Young-Hee;Lee, Gye-Sung
    • Journal of the Korea Society of Computer and Information
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    • v.16 no.2
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    • pp.225-233
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    • 2011
  • Stock market prices, economic indices, trends and changes of social phenomena, etc. are categorized as time series data. Research on time series data has been prevalent for a while as it could not only lead to valuable representation of data but also provide future trends as well as changes in direction. We take a conventional model based approach, known as Markov chain modeling for the prediction on stock market prices. To improve prediction accuracy, we apply Markov modeling over carefully selected intervals of training data to fit the trend under consideration to the model. Another method we take is to apply clustering to data and build models of the resultant clusters. We confirmed that clustered models are better off in predicting, however, with the loss of prediction rate.

Economic Feasibility Analysis of Applepear(Ping Guo Li) Farm Development in Yanbian Area in China ('사과배' 원 조성사업의 경제적 타당성분석 - 중국 연변지역을 중심으로 -)

  • Zhao, Lan-Hua;Lim, Jae-Hwan
    • Korean Journal of Agricultural Science
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    • v.29 no.1
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    • pp.55-65
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    • 2002
  • The most representative fruit in Yanbian area is Applepear(Ping Guo Li). It has been a important resource of farm income. According to the economic growth and income Increase of individual consumers, food consumption pattern will be changed from grain to high value cash crops such as Applepear and vegetables. The globalization and adapt ion of free market oriented economic policy of China government have led to change the collective farming system to individual farm management system. The institutional transformation have brought about high productivity of farm products and incomes of farmers. Therefore the plantation area of Applepear and requirement of investment cost for establishment of Applepear farms have increased rapidly since the 1980's, the time of perestroika and glasnost in Chinese economy. In prosperity of Chinese agriculture, individual farmer's decision making as free selection of farmland use, selection of high pay-off crops, free sale of the products in free market and credit support for the project might be the most important factors. In case of Applepear farm development, net present value of the project net benefit was estimated at 55.518won per hectare and financial rate of return was 21%. The benefit/cost ratio of the project was 2.11. Considering 10% of discounting rate or the opportunity cost of capital in China the Applepear farm development project showed us economically feasible in the light of the above efficiency indices. The Chinese government has to support Applepear farm development project financially and institutionally considering the high-payoff benefit of the fruit and farmer's in come increase in the future.

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A Study on the Changes in the Oil and Moisture Condition of Facial Skin in Women in their 20s and 30s (20-30대 여성의 안면 피부 유·수분 상태 변화 연구)

  • Choi, Ji-woo;Lee, Yoo-jeong;Shin, Sae-young
    • Journal of Fashion Business
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    • v.25 no.4
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    • pp.1-13
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    • 2021
  • As interest in skin care increases, this study aims to contribute to the development of the beauty self-care market by providing basic data through the measurement of the oil and moisture skin condition of women in their 20s and 30s. The study was conducted from November 27, 2020 to January 31, 2021, with 20 women in their 20s and 30s divided into 4 groups, A~D, by age, 5 per group. Skin measurements were taken four times at 4 hour intervals at 0H, 4H, 8H, and 12H based on the first measurement that was taken within 30 minutes after waking up, and the oil and moisture indices were observed over time. As a result, both T and U zones showed significant differences in moisture levels over time, with no difference between groups for both T and U zones. Moisture decreased the most between 0H to 4H, and moisture changed the least between 4H to 8H. Changes in moisture increased the similar at 0H and 12H. The oil condition changed more irregularly compared to moisture over time, but all groups showed lower oil content in the U-zone compared to the T-zone. Overall, the facial oil and moisture conditions of women in their 20s and 30s changed over time, indicating that the skin changes in real time. The fact that the skin data, which was measured in the primary activity living environment, can be used as basic research data in the beauty self-care market is meaningful.