• 제목/요약/키워드: Quasi-Market

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공기업 수명주기 분류변수 도출을 위한 기초연구 : 준시장형 SOC 공기업을 대상으로 (A Study on Life-Cycle Categorical Variables of Quasi-Market SOC Public Enterprise)

  • 박동선;신완선
    • 산업경영시스템학회지
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    • 제37권4호
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    • pp.168-176
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    • 2014
  • The enterprise life cycle derived from the product life cycle consists of introduction, growth, maturity and decline. The enterprise tries to reach the growth stage early and stay at the maturity stage stably through expanding its businesses and investing for the new technology. The public enterprise is not different but its life cycle is more prone to be affected by the national development and policy. A typical example can be found in the case of the quasi market SOC public enterprise which spends massive amount of fund to provide social infrastructure. After the fulfillment of its mandated mission it is exposed to the pressure of a merger or a closure usually because large portion of the debt is directly linked to the national financial stability and credit ratings. This research is focused on the variables that influence the life cycle of the quasi market SOC public Enterprise for its future competitiveness is in connection with its normalization, advancement and rationalization. In this respect, categorical variables system centering on public characteristics and profitability drew eight categorical variables such as policy outcomes, public benefit, finance and business values etc.

Efficient Quasi-likelihood Estimation for Nonlinear Time Series Models and Its Application

  • Kim, Sahmyeong;Cha, Kyungyup;Lee, Sungduck
    • Communications for Statistical Applications and Methods
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    • 제10권1호
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    • pp.101-113
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    • 2003
  • Quasi likelihood estimators defined by Wedderburn are derived for several nonlinear time series models. And also, the least squared estimator and Quasi-likelihood estimator are compared in sense of asymptotic relative efficiency at those models. Finally, we apply these estimations to a real data on exchanging rate and stock market prices.

복지기술적 관점에서 본 노인장기요양보험의 시장 제약성 분석: 복지용구를 중심으로 (Long-term Care Service Policy and Welfare Technology in South Korea: How Does Long-term Care Insurance Restrict the Quasi-market for Welfare Technology?)

  • 김수완;최종혁
    • 한국사회정책
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    • 제25권1호
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    • pp.287-320
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    • 2018
  • 이 연구는 노인장기요양서비스 분야에서 복지기술 준시장(quasi-market)의 성격과 문제점을 파악하고 향후 복지기술 발전에의 함의를 도출하고자 하였다. 개발자들에 대한 질적 인터뷰를 분석한 결과, 우리나라의 노인장기요양보험제도가 가지는 제도적 특성은 그 자체로 복지기술 시장을 제약하고 있음을 확인하였다. 즉 노인장기요양보험제도는 복지용구에 대한 제도적 지원을 통해 중증 장기요양보험대상자에 대한 제한된 유효수요 창출과 낮은 복지기술 수준의 복지용구 시장형성에 도움이 되었으나, 노인장기요양보험이 취하고 있는 정책 패러다임은 오히려 복지기술 시장의 확대와 질적 성장을 제약하는 왜곡된 관계의 양면성을 보이고 있다. 구체적으로 보면, 중증요양대상자 중심의 일방적 돌봄과 의존, 제도 내외 서비스 제공자간의 단절적 보호, 낮은 수가, 지원품목 지정 등의 엄격한 규제, 급여방식 등의 노인장기요양보험의 특징으로 인해, 복지용구 시장은 급여지원이 되는 범위 내에서 협소하게 형성되어 그 틀을 벗어나지 못하고 있다. 또한 노인들의 자립을 유도하는 복지기술보다는 중증 노인들의 수발에 필요한 최소한의 획일적인 복지용구가 주로 개발되고 있었다. 정부지원이 낮은 수준이면서도 엄격한 규제로 인해 질적 경쟁이 발생할 수 없는 구조인 것이다. 본 연구는 결론에서 이러한 연구결과를 토대로 복지기술 시장에 대한 발전 전망과 정책적 방향을 제시하고자 하였다.

다국적기업의 관계관리와 효과에 관한 실증연구 - 재일외자기업(在日外資企業)과 일계다국적기업(日系多國籍企業)을 대상으로 - (Relationship Management of Multinational Enterprises and its Performance: An Empirical Study of Foreign and Japanese Multinationals)

  • 나혜수;김정욱
    • 통상정보연구
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    • 제10권2호
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    • pp.391-410
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    • 2008
  • Emphasis on relationship management might be found out from Williamson (1975), who tried to elucidate why an organization exists. According to his transaction cost theory, an organization is established to evade opportunistic actions of the market and build up a hierarchy of value chain. However, judged from the perspective of exchange relationship in a trade, the transaction cost theory was likely to approach to buyer-seller relationship by the mechanism of competition. Therefore, an organization exists to control the competition of the market. Relationship management suggested by relationship marketing focuses on cooperation between buyers and sellers, rather than competition against each other. Relationship management aims to provide a framework for making a market relationship that might become an asset or a resource of the firm. In the process of maintaining and strengthening long-term and cooperative relationship with all stakeholders included customers, suppliers and staff, they continue to create new values. The purpose of this empirical research, by investigating how relationship management of multinational enterprises influences on their competitive advantages and performances, is to suggest that a cooperative relationship established for a long time in the market, so-called quasi-market relationship, substitutes for an organization.

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Further Investigations on the Financial Attributes of the Firms listed in the KOSDAQ Stock Market

  • Kim, Hanjoon
    • International Journal of Contents
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    • 제9권2호
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    • pp.27-37
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    • 2013
  • From the perspective of the domestic capital markets, there have been few researches on the financial characteristics of the firms belonging to the KOSDAQ(Korea Securities Dealers Automated Quotation) market, in comparison with those of the firms in the KOSPI. This study has performed three hypothesis tests to obtain the following results: By employing the 'panel data' analysis, it was found that, for the book-value based leverage, all of the six proposed IDVs were statistically significant as the financial determinants of leverage, across the two proxies measuring profitability (i.e., PFT and ROE), while all of the IDVs except VOLATILITY, also seemed to be the attributes to explain the market based dependent variable in the model with the PFT. Moreover, there may be statistically significant (structural) changes (or quasi-experiment) ) between the pre- and post-U.S. financial crisis in the year of 2008, when measured the leverage with the market-value basis with utilizing the Chow F-test. Finally, based upon the logistic regression results, the probability for a firm to be classified into the Prime section in the KOSDAQ market, may be higher, as its profit margin and asset turnover increase.

Selection of Energy Conservation Measures for Building Energy Retrofit: a Comparison between Quasi-steady State and Dynamic Simulations in the Hands of Users

  • Kim, Sean Hay
    • KIEAE Journal
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    • 제16권6호
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    • pp.5-12
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    • 2016
  • Purpose: Quasi-steady state simulations have played a pivoting role to expand the user group of simulation to design engineers and architects in Korea. Initially they are introduced in the market as a building energy performance rating tool. In domestic practice, however, quasi-steady state simulations seem to be regarded as a de facto simulation only available for energy retrofit. Selection of ECMs and economic feasibility analysis are being decided through these tools, which implies that running these tools has become a norm step of the Investment-grade Audit. Method: This study aims at identifying issues and problems with the current practice via test cases, analyzing the reasons and opportunities, and then eventually suggesting proper uses of quasi-steady state and dynamic simulations. Result: The functionality of quasi-steady state simulations is more optimized to the rating. If they are to used for energy retrofits, their off-the-shelf functions also need to be expanded for customization and detailed reports. Yet their roles may be limited only to the go/no go decision; because their algorithms are still weak at precisely estimating energy and load savings that are required for making investment decisions compared to detailed simulations.

시내외 전화서비스 가격의 최적결정에 관한 실증연구

  • 지경용
    • ETRI Journal
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    • 제10권4호
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    • pp.146-160
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    • 1988
  • The purpose of the present study is to build a model to determine the structure of long-term quasi-optimal rates of local and toll telephone services. The outline of this study is as follows : Telephone business, providing social goods, is capital-intensive industry which needs huge fixed cost to operate exchanges and telephone networks nationwide. The nature of above industry justifies the market structure of telephone business to be natural monopoly and makes a good reason for government's direct regulation, that is, price regulation. Three is a gap between the present rates and the quasi-optimal ones because some administrative processes intervene in rate making process before execution. On the above diagnostic basis, the present study made an empirical test for the optimality of present rates structure in connection with Ramsey-Boiteux model to maximize the sum of producer's and consumer's surplus and also the current study proposed a qusasi-optimal rates structure for better market performance. From the empirical analysis, we can deduce a policy recommendation the local price should be increased to 47% whereas toll price decreased to 24% in order to improve the net welfare worth of 32.6 billion won.

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준시장형 SOC 공기업의 수명주기 분석과 효율적 관리방안에 관한 연구 (A Study on the Analysis for Life-cycle of Quasi-Market Oriented SOC Public Enterprise and Effective Management)

  • 박동선;강명수;김남정
    • 토지주택연구
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    • 제6권4호
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    • pp.165-175
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    • 2015
  • 본 연구는 정부의 효율적인 공기업 관리정책 추진을 위해서는 기본적으로 공기업의 수명주기 단계를 파악하고 이에 기초한 정책결정이 필요하다는데 연구의 초점을 갖고 있다. 이를 위해 공기업에 적용 가능한 기업수명주기 분류변수를 정의하고 공기업 관리정책의 기초자료로 제공하는데 연구의 목적을 갖고 있다. 이러한 연구목적의 달성을 위해 공기업 중 최근 급격한 부채 증가로 인해 공기업 경영정상화의 대표적인 대상 기업으로 선정된 한국도로공사, 한국수자원공사, 한국철도공사, 한국토지주택공사 등 준시장형 SOC 공기업을 연구범위로 선정하였다. 본 연구는 분류변수 간의 중요도와 적용기준 분석을 위해 1차 전문가 설문조사를 실시하였다. 이를 바탕으로 AHP분석과 빈도분석 등의 통계분석을 활용하여 준시장형 SOC 공기업의 수명주기 분류변수 간 중요도와 적용기준을 분석하였다. 또한, 쇠퇴기 판별을 통해 예상되는 쇠퇴기에서 관리방안을 살펴보고자 2차 전문가 설문조사를 실시하였고, 이들 공기업의 쇠퇴기 예상시기 및 쇠퇴기에서의 관리방법에 대하여 조사 분석하였다.

제주브로일러 산업의 유사경제 통합에 관한 사례연구 (A Case Study on Quasi-Economic Integration in the Cheju Broiler Industry.)

  • 박영인
    • 한국가금학회지
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    • 제15권1호
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    • pp.53-60
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    • 1988
  • The purpose of this presentation is to review the situation of the Cheju broiler industry peculiarized with the integrated production and marketing system to some degree, which is not prevailed in the whole broiler industry in Korea, so as to study the case of the Cheju industry from the viewpoint of an economic integration. The economic integration in the broiler industry is grouped into three patterns: non-integration, quasi-integration and complete integration, which generally exist under the different type of market competition. The quasi-integration tends to be formed at all phases where the complete integration is not fully implemented, but the non-integration has begun to change its nature into partially integrated structure. The Cheju broiler industry is characterized by the geographical location of isolated market so that factor supplies and broiler products are marketed in the different conditions from those of mainland Korea, somewhat in an oligopolistic pattern. It was since early 1980's that the industry successfully had three dressing plants merged into one by virtue of entire growers ownership, which opened an era of an integrated industry centered on the function of dressing birds. The case of Cheju broiler industry today is to be referred to as a typical quasi-integration which is coordinated the function between growing and dressing birds directly and extended the functional cooperation to distribution of products indirectly, while factor supplies are traded independently. As a result of a quasi-integration, the growers are able to receive a fixed price set by the dressing plant of growers that has the power to adjust the supply of and demand for broilers produced and consumed in the Island. There are some problems, however, in the integration of the Cheju broiler industry, stemming mainly from the process of the structure change, : 1) the difficulty of controlling the production of broilers, 2) continuing pressure on the integration by non-integrated sectors, 3) the challenge on the stabilized broiler market from the mainland, 4) limited effectiveness of consumer education activities, and 5) lack of leadership for the industry development through integration. It is projected that the partially integrated Cheju broiler industry will be continually developed toward the direction of a complete integration in due course, as the currently independent supply sectors are to be backward integrated. The case of the Cheju broiler integration, therefore, could be used as a reference for making the whole broiler industry in Korea develop toward the integrated structure in the future.

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비선형 효용함수 기반의 다중경매 모형 : 시장 최적화를 위한 유전자 알고리즘 접근법 (A Double Auction Model based on Nonlinear Utility Functions : Genetic Algorithms Approach for Market Optimization)

  • 최진호;안현철
    • 한국경영과학회지
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    • 제33권1호
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    • pp.19-33
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    • 2008
  • In the previous double auction research for the market optimization, two basic assumptions are usually applied - (1) each trader has a linear or quasi-linear utility function of price and quantity, and (2) buyers as well as sellers have identical utility functions. However, in practice, each buyer and seller in a double auction market may have diverse utility functions for trading goods. Therefore, a flexible and integrated double auction mechanism that can integrate all traders' diverse utility functions is necessary. In particular, the flexible mechanism is more useful in a synchronous double auction because traders can properly change utilities in each round. Therefore, in this paper, we propose a flexible synchronous double auction mechanism in which traders can express diverse utility functions for the price and quantity of the goods, and optimal total market utility is guaranteed. In order to optimize the total market utility which consists of multiple complex utility functions of traders. We show the viability of the proposed mechanism through a several simulation experiments.