• Title/Summary/Keyword: Market Instability

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Farm-level Assessment of Rice Direct-Seeding Practices in Chonbuk Province

  • Dong Kyun;Song Joong;Jung Keun
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.45 no.5
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    • pp.335-338
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    • 2000
  • The technology of direct-seeding in rice cultivation is an innovation mainly induced by factors in market economy and is rapidly diffused among individual farmhouses. Because the effect of technology can be affected by many factors under various farming circumstances, the impact and stability of the direct-seeding technology compared with transplanting was analyzed under various topographical regions. Yield in direct-seeding was higher in plains, although the farm size producing higher yield was quite different depending on the topographical regions. In the direct-seeding cultivation of rice, man-labor hours was reduced by about 38 percent and the reduction rate showed little difference among topographical regions. Fertilizer was used about 11 percent more but the increase rate varied from 3 to 17 percent depending on regions with higher rates in plains. Application of agricultural chemicals was also increased about 9 percent in direct-seeding, but the increase rate was as high as 12 percent in suburbs. More fertilizer and agricultural chemicals were used in direct-seeding cultivation by farmhouses implementing both direct-seeding and transplanting than by those implementing direct-seeding only. Use of more fertilizers and agricultural chemicals in direct-seeding in all regions may indicate its technical instability. Major problems causing the technical instability of direct-seeding cultivation should be solved by comprehensive research considering various farming circumstances such as topographical features rather than just a top-down style research and extension.

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The Relationship between Income Instability and Psychological Condition of Real Estate Price Changes and Willingness to Adjust Real Estate Holding Ratio (소득의 불안정성과 부동산가격변동에 대한 태도 및 부동산보유비중 조정의향 간의 관련성)

  • Lee, Chan-Ho
    • Journal of the Korea Convergence Society
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    • v.11 no.12
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    • pp.199-205
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    • 2020
  • As many government policies have been announced today regarding real estate, especially housing, interest in prices in the housing market has increased significantly. In this study, I would like to present the direction of government policies by analyzing the relationship among income instability, the psychological condition of real estate price changes and willingness to adjust real estate holding ratio. First, major variables were extracted through the prior study review, and using a survey, data were collected and path analysis was conducted. According to the analysis, the current income instability had a negative impact on the psychological condition of real estate price changes, and a positive influence on the willingness to adjust real estate holding ratio, but the psychological condition of real estate price changes did not have a statistically significant impact on the willingness to adjust real estate holding ratio. Thus, the difference analysis was conducted between groups by dividing the ages and the number of dependents respectively. According to the analysis, the impact of income instability and psychological condition of real estate price changes on willingness to adjust real estate holding ratio differed between groups divided by ages and number of dependents. The results of this analysis will help the government to establish real estate policies and help each household to use the analysis as basic data when they make a decision about real estate. On the other hand, this study has limitations that have only been conducted cross-sectional analysis and analyzing time series changes and differences in perception between regions are going to be conducted in a future study.

An Empirical Study on the Entry Mode Selection Originated from the Entry Motivation of MNCs' R&D Labs in China (중국내 다국적기업 R&D랩의 진출동기에 따른 유형선택에 관한 연구)

  • Cho, Dae-woo;Jin, Xing
    • International Area Studies Review
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    • v.14 no.3
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    • pp.290-311
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    • 2010
  • This study aimed at exploring the primary motivations in the behavior of MNCs' setting up R&D Labs in China, four main subjective motivations were founded. R&D Labs consisted of the following four types: local market support Labs, local technology support Labs, global technology center, and internationally interdependent Labs.he choices of the R&D Lab type features are different because of the various R&D investment motivations. Provided that MNCs' investment motivations in China are in order to obtain Chinese markets and customers, local market support Labs are supposed to be chosen so as to support Chinese markets; provided that investment motivations are in order to gain talents and science and technology resources, global technology centers are supposed to be used to achieve the highest synergy result; provided that investment motivations win an absolute competitive advantage in China, local market support Labs are extremely necessary in preoccupying markets; last but not the least, provided that investment motivations are environmental owing to their instability, local technology support Labs are a good choice for their relatively low R&D expenses.

A Study on the Characteristics of Real Estate Investment Sentiment by Real Estate Business Cycle Using Text Mining (텍스트 마이닝을 이용한 부동산경기 순환기별 부동산 투자심리 특성 연구)

  • Hyun-Jeong Lee;Yun Kyung Oh
    • Land and Housing Review
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    • v.15 no.3
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    • pp.113-127
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    • 2024
  • This study explores shifts in real estate investment sentiment using media reports from 2012 to 2022, segmenting the market dynamics into three distinct cycles based on housing and land transaction indices. Leveraging 54 BigKinds media sources, we investigates 3,387 headlines and 8,544 body texts using LDA topic modeling. The results show that the first cycle (2012-2015 ) centered on apartment pre-sales, where policy changes influenced sentiment but did not consistently affect investment decisions. The second cycle (2016-2018) was characterized by interest rate hikes and rising property prices in Seoul, resulting in significant fluctuations in transaction volumes. The third cycle (2019-2022) encompassed the effects of COVID-19, market instability, and policy failures, leading to distorted and weakened investment sentiment. Each cycle demonstrated that policies, interest rates, and economic events significantly shaped investor sentiment, as reflected in media reports.

Development of Labor Productivity Index for Steel Construction (철골공사의 노동생산지수 개발)

  • Kang Byoung-Ryoul;Kim Ki-Sung;Um Ik-Joon;Koo Kyo-Jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.353-357
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    • 2004
  • The construction competition is more deepened with the enterprise possibility increase which it follows in the regulation relaxation back against the construction market penetration which carries and the instability of market is added an extra weight and it solves the aspect where also the profitability which is caused by with low price bidding decreases. Against a productivity with the overcome plan it is researched plentifully and the far for a productivity improvement, there is so far to construction, the productivity being used with only include meaning, is to a practical affairs and the application ver)r as the level which is feeble is a possibility of doing. It is like that and the research develops the producing district possibility of new steel-frame work and in the actuality which sees the production volume of steel-frame work and a construction accomplishment process effectively and to be right numerical figures it does it plans it controls and manages the place ultimate objective which it puts.

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Testing for the Statistical Interrelationship between the Real Estate and the Stock Markets (부동산시장과 주식시장의 통계적 연관성 검정)

  • Kim, Tae-Ho
    • The Korean Journal of Applied Statistics
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    • v.21 no.3
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    • pp.497-508
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    • 2008
  • As important markets have been closely connected in the opening and globalizing process, the instability in one market is increasingly possible to spread in other markets, which necessarily leads to careful investigations. In analyzing the short and the long run dynamics between the stock and the real estate markets, which are the two major investment options, this study conducts the statistical tests for the interrelationships between the two markets and the possibility of their substitution effect. In addition, the estimation results appear to be consistent with the simple causal relationship among the markets in the high interest rate period and the relatively complex relationship in the low interest rate period.

Prospect of FTA and Trade of Agricultural Products between Korea and China (한.중 FTA 추진에 따른 농산물교역의 과제와 대응방안)

  • Bae, Ki-Hyung;Cho, Sung-Je
    • International Commerce and Information Review
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    • v.12 no.3
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    • pp.167-195
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    • 2010
  • The global financial crisis, the instability of the global economy since the beginning of the growing economic interests of the countries to adjust to establish a new economic system was set up on occasion. Meanwhile, standing in the international trade environment, multilateral system of international trade for the country as the cumulative fatigue of open markets and trade liberalization as an alternative to lead the free trade agreements between countries. Currently in Korea and China, in addition to the geographical proximity in all areas, including economic exchanges and mutually dependent relationship that is deepening the world's No. 1 exporter in China and overseas investors have become partners. FTA with China by promoting the growth of emerging economies in the Chinese market by securing a stable economic growth of China as a driver of economic growth in the country to utilize the plan is being promoted from. This study is currently being promoted, in a discussion of the FTA's agricultural trade measures to address the challenges and poems. Agricultural trade with other goods to be different from the specificity of the discussion of market opening and liberalization of trade has been recognized in the main essentially nothing. We promote an FTA, according to one review and discuss the background and trends of the agricultural trade in a market, through the analysis of the status and trends and present problems for future bilateral trade negotiations with Korea for agricultural markets and propose countermeasures for. Agricultural trade, during a discussion of the FTA is essentially nothing in the review is expected to expand the bilateral trade in agricultural products, while protecting its agricultural markets to be trying to policy implications.

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The Determinants of New Supply in the Seoul Office Market and their Dynamic Relationship (서울 오피스 신규 공급 결정요인과 동태적 관계분석)

  • Yang, Hye-Seon;Kang, Chang-Deok
    • Journal of Cadastre & Land InformatiX
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    • v.47 no.2
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    • pp.159-174
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    • 2017
  • The long-term imbalances between supply and demand in office market can weaken urban growth since excessive supply of offices led to office market instability and excessive demand of offices weakens growth of urban industry. Recently, there have been a lot of new large-scale supplies, which increased volatility in Seoul office market. Nevertheless, new supply of Seoul office has not been fully examined. Given this, the focus of this article was on confirming the influences of profitability, replacement cost, and demand on new office supplies in Seoul. In examining those influences, another focus was on their relative influences over time. For these purposes, we analyzed quarterly data of Seoul office market between 2003 and 2015 using a vector error correction model (VECM). As a result, in terms of the influences on the current new supply, the impact of supply before the first quarter was negative, while that of office employment before the first quarter was positive. Also, that of interest rate before the second quarter was positive, while those of cap rate before the first quarter and cap rate before the second quarter were negative. Based on the findings, it is suggested that prediction models on Seoul offices need to be developed considering the influences of profitability, replacement cost, and demand on new office supplies in Seoul.

Analysis on Korean Public Rental Housing Market based on System Thinking (시스템사고를 이용한 국민임대주택 공급시장분석)

  • Kim, Tae-Young;Kim, Jae-Jun;Lee, Chan-Sik;Ahn, Hee-Jin
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.5
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    • pp.115-127
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    • 2006
  • Although the Korean government have made a plan of housing market with supply and concentrated on the welfare of the people, there are still a lot of problem in housing market for lack of a long-term vision and consistent policy of the government. The plan of 115% of housing diffusion in 2012 is in progress after its acquisition of 100% in 2002, but there are no changes in the rental housing rate of 43% in 2003. In addition, there are getting worse circumstances in the instability of housing market and the low-income bracket, because of the Korean construction firms' bankruptcy with an increase of unsold hosing and a rapid increase of housing prices. The government have made the strategy of revitalizing the economy and regional development by means of a million public rental housing plan for the low-income bracket and welfare. This paper introduces the basic information of the subjective strategy establishment with the analysis of the reciprocal action of influence factors for public rental housing by system dynamics theory and the effect of public rental housing in housing supply market which has a long-term dynamic form.

A Novel Method for Clustering Critical Generator by using Stability Indices and Energy Margin (안정도 지수와 에너지 마진을 이용한 불안정 발전기의 clustering 법)

  • Chang Dong-Hwan;Jung Yun-Jae;Chun Yeonghan;Nam Hae-Kon
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.54 no.9
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    • pp.441-448
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    • 2005
  • On-line dynamic security assessment is becoming more and more important for the stable operation of power systems as load level increases. The necessity is getting apparent under Electricity Market environments, as operation of power system is exposed to more various operating conditions. For on-line dynamic security assessment, fast transient stability analysis tool is required for contingency selection. The TEF(Transient Energy Function) method is a good candidate for this purpose. The clustering of critical generators is crucial for the precise and fast calculation of energy margin. In this paper, we propose a new method for fast decision of mode of instability by using stability indices. Case study shows very promising results.