• East Asian Economic Review
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• 제24권4호
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• pp.389-416
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• 2020

This paper provides empirical evidence on the reorganization of GVCs in East Asia, highlighting that structural trends explain a decrease in the fragmentation of production after 2011 but that it is not the result of rising trade costs along the value chain. Using harmonized inter-country input-output tables, the paper first analyzes the global import intensity of production to document changes in the structure of GVCs. It then calculates theory-consistent bilateral trade costs for intermediate and final products using an approach derived from the gravity literature and introduces a new index of cumulative trade costs along the value chain. These data are used to discuss whether the decrease in global imports is the consequence of shifts in demand, efficiency-enhancing strategies of firms or rising trade costs. Between 2011 and 2016, cumulative trade costs have decreased in East Asian GVCs. However, as COVID-19 is likely to intensify trade and investment uncertainties, trade costs could increase in the future. Policies aimed at reducing uncertainties and preserving the gains from trade and investment liberalization will be key in this new environment.

• 수산경영론집
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• 제54권2호
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• pp.045-058
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• 2023

This study aims to analyze the cost of climate change damages to laver and sea mustard aquaculture, which are considered to be highly vulnerable to climate change in Korea. For this purpose, the correlation between aquaculture production and climate factors such as water temperature, salinity, air temperature, and precipitation was estimated using a panel regression model. The SSP scenario was applied to predict the changes in production and damage costs due to changes in future climate factors. As a result of the analysis, laver production is predicted to decrease by 18.0-27.2% in 2050 and 20.6-61.6% in 2100, and damage costs are predicted to increase from 29.7-50.8 billion KRW in 2050 to 35.7-116.1 billion KRW in 2100. Sea mustard production is projected to decrease by 24.5-37.2% in 2050 and 24.0-34.5% in 2100, with similar damage costs of 41.1-61.8 billion KRW and 41.1-58.6 billion KRW, respectively. These damage costs are expected to occur in the short term as damage caused by fishery disasters such as high temperatures, and in the long term as a decrease in production due to changes in aquaculture sites. Therefore, measures such as strengthening the forecasting system to prevent high-temperature damage, developing high-temperature-resistant varieties, and relocating fishing grounds in response to changes in aquaculture sites will be necessary.

• 한국의류학회지
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• 제23권1호
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• pp.42-53
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• 1999

Global sourcing strategy is the one that apparel firms adopt in order to improve efficiency. Souring statesgies are not limited to the decision of sourcing country or vertical integration of sewing process Sourcing strategies include all the ecision of marketing process from the acquisition of fabric to distribution of products. The present study aims to analyze the soucing strategies of Korea apparel industry in global perspectives by applying transaction cost approach and aims to provide the implications for the future. The results are as follows ; (1) sourcing strategies in the dimension of domestic versus offshore soucing are determined by the experience in foreign business and the degree of fashionability of the product. (2) Firms tend to increase affshore soucing as they accumulate the experience in foreign business because they can decrease transaction costs as the perceived risks decrease (3) Also firms tend to source their products in foreign countries when the products are more fashionable. Brand loyalty of the product is a additional factor that increases the proportion of domestic sourcing. (4) Degree of vertical integration of sourcing is determined by the fashionability brand loyalty and the experience in foreign business. That is firms decrease the transaction costs by avoiding the investment to short life fashion products. However firms increase the control over the high reputation product by in house production. As the apparel firms tend to more marketing oriented and the national boundaries of business envrionment becomes permeable more efficient global sourcing strategies should be stablished, Besides the production costs nonproduction costs should be equallly considered in order to analyze the total costs.

• 농업과학연구
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• 제31권2호
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• pp.149-160
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• 2004

This study had carried out an analysis of leaf tobacco production cost by cost items, growing stages, and farm sizes per 10a to provide the basic data for determination of the purchasing price of leaf tobacco by KT&G. Considering the survey results of 12 tobacco farm households, the composition rates of production cost by items revealed as 7-10% for land service, 5-22% for depreciation, 13-25% for material costs, 50-65% for labour cost respectively. The production cost of leaf tobacco by growing stages were shown as 15.3% in nursery bed period, 32.3% in main growing period in field, 30.8% in harvesting period and 21.6% in packing period. The magnitude of wage expenditure was appeared as harvesting stage, packing stage, growing stage on main field and nursery bed stage in order. The amount of material costs were revealed as the growing stage in main field, harvesting stage, nursery bed stage and packing stage respectively. The production costs of leaf tobacco per 10a by farm sizes were shown as 1,615,879won for small farm, 1,446,896won for medium farm and 1,454,408won for large farm respectively. The production cost of leaf tobacco had shown decreasing tendency according to increasing farm sizes. To promote the international market competitiveness of leaf tobacco producing farms, labour saving production technologies and cost effective farm size to decrease tobacco production cost should be developed.

• 한국산업보건학회지
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• 제22권4호
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• pp.329-336
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• 2012

Objectives: The aim of this study is to analyze main problems on occupational safety and hygiene in construction sites and to suggest some improvement methods. In order to decrease industrial accidents, I emphasize the approach paradigm shifts according to characteristics of construction workers. Methods: Pointing out the irrationality of current institutions by comparing bad outcomes of occupational safety and hygiene in construction industry and characteristics of construction workers. Results: In order to decrease industrial accidents, we need some approach paradigm shifts; the supply method of industrial safety and health fundamentals on the construction industry level, the accident rate calculation by using the actual construction workforce instead of an estimation, institutionalizing the prevention efforts themselves for industrial accidents, securing enough production costs for the precondition of occupational safety and hygiene in construction sites. Conclusions: I ascertain the need of the approach paradigm shifts for decreasing industrial accidents in the construction industry.

• Membrane and Water Treatment
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• 제4권4호
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• pp.237-249
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• 2013

Ultra-pure water (UPW), a highly treated water free of colloidal material and of a conductivity less than 0.06 ${\mu}S$, is an essential component required by modern industry. One of the methods for UPW production is the electrodialysis-ion exchange (ED/IE) system, in which the electrodialysis (ED) process is used as a preliminary demineralization step. The IE step can be replaced with electrodeionization (EDI) to decrease the volume of post-regeneration lyes. In this paper, the electrodialysis process carried out to relatively low diluate conductivity was investigated and the costs of UPW production were calculated. The optimal value of desalination degree by ED in the ED/IE and ED/EDI systems was estimated. UPW unit costs for integrated ED/IE and ED/EDI systems were compared to simple ion exchange and other methods for UPW production (RO-IE, RO-EDI). The minimal UPW unit costs in ED/EDI integrated system were estimated as $0.37/$m^3$ for feed TDS 600 mg/L and $0.36/$m^3$ for feed TDS 400 mg/L at 64 $m^3/h$ capacity, which was lower than in the comparable ED/IE integrated system ($0.42-0.44/$m^3$). The presented results suggest that an ED/EDI integrated system may be economically viable.

• Journal of Korea Trade
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• 제25권2호
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• pp.196-219
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• 2021

Purpose - We attempted to empirically verify the effects of managerial attributes on cost stickiness in exporters. Exporters are often affected not only by external factors such as exchange rate but also by internal factors such as managerial attributes regarding their business activities. Because cost stickiness is the product of a manager's decision-making, it has been considered that managerial attributes have a great influence on the behavior. Therefore, our study was intended to find out whether cost stickiness shows differentiated aspects depending on managerial attributes in exporters. Design/methodology - We considered two managerial attributes: CEO power and managerial overconfidence. First, CEO power was measured as CEO pay slice. In addition, managerial overconfidence was measured based on three methodologies presented by previous studies. To measure cost stickiness, we used multiple methodologies presented by prior research. Findings - The results of our empirical analysis are as follows. First, in export firms, the greater CEO power is, the greater cost stickiness is. This result suggested that export managers with great influence little respond to temporary sales decrease promptly, little reduce related production costs flexibly in preparation for future sales recovery, but leave room to endure costs for idle resources. Second, the greater managerial overconfidence is, the greater cost stickiness is. This result indicated that export managers with great overconfidence on their decision-making often view the prospect for sales recovery positively; therefore, they little respond to temporary sales decrease immediately, little reduce related production costs flexibly for future sales recovery, but leave room to endure costs for idle resources. Third, export managers with great influence in their businesses and great overconfidence in their decision-making tend to show relatively great cost stickiness. The results proposed that the combination of the two factors functions to make cost stickiness greater. Originality/value - Our study is differentiated from extant studies in that we provided empirical evidence of the effects of managerial attributes on their business activities in exporters. Specifically, we verified the effects of managerial attributes on cost stickiness in Korean exporters. The results of our study are expected to contribute to providing useful information for exporters and start-ups.

• Asian-Australasian Journal of Animal Sciences
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• 제6권1호
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• pp.139-145
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• 1993

Biogas created from animal waste is a precious energy source. A practical and successful utilization of the biogas is not easy, because there lie some difficulties in biogas production and facilities investment. In this study, the requisites for a successful biogas utilization were discussed. The production results obtained in the previous operation of anaerobic digestion plant were used for the simulation. When the slurry heating was designed for constant biogas generation, depreciation costs of the facilities amounted 1,175,000 yen per year, and biogas productions at $24.5^{\circ}C$, $30.0^{\circ}C$ and $35.5^{\circ}C$ were $16.8m^3$, $17.6m^3$ and $25.1m^3$, respectively. Removal ratios of organic matters were not so high. At $35.5^{\circ}C$, energy value of the biogas produced was estimated 125.5 Mcal per day, and the following heat loss (y Mcal/day) was brought about by the temperature difference ($X^{\circ}C$) between the digester and atmosphere; y = 0.769X - 5.375. The costs of biogas production per cow were assumed to decrease according to enlargement of feeding scale, especially on scales of more than 30 cows. On recent levels of costs and prices of energy in Japan, they were nearly equal to 2 to 3 fold of the price of municipal mixed gas when a anaerobic digester was compulsorily heated and kept at $30.0^{\circ}C$ or $35.5^{\circ}C$.

• 융합정보논문지
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• 제7권4호
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• pp.215-220
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• 2017

본 연구는 회계정보시스템의 적용 정도가 국내 중소제조기업들의 제조원가개선에 미치는 영향을 파악하는데 목적이 있다. 본 연구를 위하여 중소기업청이 시행하는 정보화 지원 사업을 통하여 정보시스템을 도입한 바가 있는 국내 중소제조기업의 회계담당자들을 대상으로 설문조사를 실시하여 경험적 연구를 진행하였다. 연구결과에 의하면 기업은 회계정보시스템을 효율적이고 효과적으로 구현하고 있으며, 회계정보시스템이 제조원가의 편차를 상당 부분 파악하고 있다는 것으로 나타났다. 또한, 회계정보시스템의 효율성 및 제조원가의 향상에 회계정보시스템의 채택 및 구현이 긍정적인 영향이 있음을 보여주었다. 본 연구는 회계정보시스템의 효율성을 증대시켜 국내 중소제조 기업들의 제조원가 향상에 많은 도움을 주는 것에 기여할 것이다.

• 수산해양교육연구
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• 제16권1호
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• pp.124-141
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• 2004

This study focuses on the off-shore trawl fishery, specifically on its restructuring and new regulations governing its operation since the 1990s. This fishery has an important role in terms of fishing capacity and production amount and is dependent on close diplomatic relations with adjacent fishing countries. The off-shore trawl fishery has been shrinking since the 1990s. In addition to a decrease in stock and an increase in imports, there are vessel buyback programs and a decrease in fishing grounds related to a tri-lateral agreement among Korea, China and Japan which have sped up the shrinking of the fishery. In this processing, costs exceed the increase of revenue. Excess investments in fishing gear and salary for crews have lowered profits in this fishery. Considering the above, the off-shore otter trawl fishery should stop increases in production and restructure the fishery by coordinating fishing gear restrictions and fishing areas, and down-sizing management capacity.