• Title/Summary/Keyword: Rent

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A Study on Institutionalization of the Rent-A-Driver Industry from the Point of View at the Creative Industries

  • OH, Moon-Kap;YOUN, Myoung-Kil
    • Korean Journal of Artificial Intelligence
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    • v.7 no.2
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    • pp.1-8
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    • 2019
  • This paper, we argue that sector in terms of the creative industries the need to the institutional settle of the rent-a-driver business; the industry could create more than 200,000 jobs, the effect is to bring out the about 4 trillion underground economy and Can be interpreted industry, which contributes to reduce social costs, ranging from 1.7 trillion won to 5.7 trillion per year. Through institutionalization of policy should support. Observation and in-depth interviews were conducted with the law and the president of the rent-a-driver business company. The operating system should be improved. the rent-a-driver business, for the formulation of the work ethic and education is desperately needed. The effect socio-economic contribution effect of the rent-a-driver business industry can be summarized as follows. First, it is an industry that has an operating system utilizing state-of-the-art technology and equipment, and the convergence of creative industries to comply with the market. Second, the effect appears as an industry that creates jobs for the populace to replace the social security system, social safety net is considered as an industry. Third, this is an industry that can be self-reliant in the short term at least political support, the industry is considered in the industry to maximize the effectiveness and efficiency of the support policy.

A Study of Commercial Rental Properties within a Large Complex Facility by Measuring the Spatial Structure (공간 구조와 보행량 측정을 통한 대형 복합시설물 상가 임대료 특성에 관한 연구)

  • Hwang, Jae-Hong;Ahn, Byung-Ju;Kim, Ju-Hyung;Kim, Jae-Joon
    • Journal of the Korea Institute of Building Construction
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    • v.10 no.6
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    • pp.87-96
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    • 2010
  • This research analyzed the location of stores using a space syntax analysis model to measure the location of building interior stores in a quantitative way. Measure walk population of each space and analyzed analysis model and actuality measurement rent and difference to calculate value of store. With this, analyzed mad effect factor to rent. Drew effect factor of rent which is appropriated present. Had cleared that rent which consider walk population is required.

An Analysis of Price Determinants of Rental Housing for Expatriates Working at Foreign Firms in Seoul (서울 외국기업 주재원 임대주택의 가격결정요인 분석)

  • Kim, Won-Joong;Lee, Hyun-Seok
    • The Journal of the Korea Contents Association
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    • v.16 no.7
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    • pp.168-178
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    • 2016
  • The purpose of the study is to present an analysis of the expatriate leasing market for highly-paid professionals residing in Seoul. The effects of physical and locational attributes, range of amenities along with expat's national and industrial attributes on housing rents are being empirically evaluated based on transactions. Using lease transaction data for the period of 1994 through 2013, the results show that physical and locational attributes which have been proved to affect conventional housing value are also confirmed to affect leasing housing rent for expatriate. Also this study finds the following results. First, housing rent is found to be influenced by foreign residents' occupation. Therefore banking, petrochemical, insurer and pharmaceutical company affect positively on housing rent while mechanic firms influenced negatively to rent. Second, housing rent is found to be affected by foreign residents' nationalities. The results indicate USA and the United Kingdom have a positive effect while French has a negative effect on rent.

The Determinants of Wage Premium (임금(賃金)프리미엄의 결정요인(決定要因))

  • Rhee, Chong-hoon
    • KDI Journal of Economic Policy
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    • v.14 no.4
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    • pp.79-106
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    • 1992
  • This study analyzes the determinants of wage premium, defined as the excess of actual wage rate over opportunity wage, for the average worker in a Korean bargaining unit. Average wage premium of a firm is decomposed into quasi-rent per worker and rent-sharing rule. Per capita quasi-rent, representing a firm's ability to pay, is defined as the difference between sales revenue and the opportunity cost of mobile factors, divided by the number of employees. Rent-sharing rule, a measure of workers' bargaining power, is defined as the average wage premium divided by the per capita quasi-rent. Empirical results show that the differences in wage premium among Korean bargaining units are much better explained by the differences in quasi-rent than by the differences in bargaining power. Also, comparing the results of 1986 with those of 1988 show that the wage settlement mechanism in 1988 was not quite different from that of 1986, in spite of the drastic change in industrial relation system in 1987. It may simply yield higher opportunity wages, by raising the bargaining power of overall workers. The tendency of Korean labor market in 1988 to show a dual structure of high & low wage premium sectors, is not due to the fact that the differences in bargaing powers across firms tend to expand, but to the fact that unions tend to reduce the wage differences among the workers within an enterprise by pursuing more equal distribution of total wage premium. Hence, the policies for reducing the wage differentials across firms should focus on rent-regulating industrial policies, e.g. eliminating monopoly rents by deregulation.

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Rent Seeking Analysis of IPTV Introduction Process in Korea (IPTV 도입 과정에 대한 지대추구론적 분석)

  • Jung, In-Soak
    • Korean journal of communication and information
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    • v.47
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    • pp.5-22
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    • 2009
  • This study analysed the complicated introduction process of IPTV in Korea, based on the rent seeking theory which is one of an useful economic theory for explaining the dynamic interaction between government and entrepreneurs. Rent seeking theory describes the possibility of lobbying for economic regulations or regulatory capture which refers to collusion between firms and the government agencies assigned to regulate them. The introduction of IPTV(Internet Protocol TV) in Korea was the most controversial policy issue since the beginning of new media business of cable TV in 1995. In addition to the ordinary conflict between the old and new entrepreneurs, IPTV caused the bureaucratic conflicts between the Ministry of Information and Communication and the Korean Broadcasting Commission (Two regulation agencies were merged into KCC(Korean Communications Commission) in 2008). Through the process all related policy players, including the government, pursued their own rent, and it caused vicious circle of continuous rent seeking and mutual distrust among players. Finally, all-directional lobby of pre-IPTV companies brought about the successful entrance to IPTV market and the enactment of IPTV special law which includes deregulation compared to the existing Broadcast Act. Considering the convergence trend of media related laws it means going against the times. Until now, the conflict phenomena occurring in broadcast industry were mostly explained based on the sociological conflict theory. However, the result of this study shows the usefulness and necessity of rent seeking theory because it gives an economic explanation of conflict behavior.

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An analysis on the change rate of housing rent price index (월세가격동향조사 통계의 가격지수 변동률 분석)

  • Yeon, Kyu Pil
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.6
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    • pp.1361-1369
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    • 2014
  • This research is for analyzing the change rate of housing rent price index produced by KAB (Korea Appraisal Board) in the monthly periodical, Survey on Housing Monthly Rent. The index is a very important and useful indicator to understand and diagnose the house rental market. However, the index is criticized in that it tends to decline when the price level of Jeonse (i.e., a typical type of dwellings in Korea, generally leased on a deposit basis for 1 or 2 years) is highly going up, which is inconsistent with the actual economic sentiment of tenants. We verify the reason why such phenomenon occurs and suggest a simple but novel method to analyze properly the change rate of the index. The main findings are as follows. The key factor to trigger the problem is the use of the conversion rate for Jeonse-to-monthly rent for constructing the rent price indexes. We separate the effect of the conversion rate out of the change rate of the index and quantify the adjusted real change rate showing an increase of the rent price level which is masked by the conversion rate before.

Eine constraint-basierte Analyse zur Syntax der dritten Konstruktion im Deutschen (현대 독일어 제3구문의 제약 기반적 분석)

  • Ryu Byong-Rae
    • Koreanishche Zeitschrift fur Deutsche Sprachwissenschaft
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    • v.6
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    • pp.155-184
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    • 2002
  • Die dritte Konstruktion zeichnet sich dadurch aus, dass Elemente, die vom zu-Infinitiv im 'Nachfeld' $abh\"{a}ngen$, links vom Matrixverb auftreten. Die dritte Konstruktion weist sowohl Eigenschaften auf, die sie als $inkoh\"{a}rent$ ausweist, als auch Eigenschaften, die als syntaktische Reflexe von $Koh\"{a}renzbildung$ bezeichnet werden $k\"{o}nnen$. Das $vollst\"{a}ndig$ extraponierte zu-Infinitivkomplement ist immer satzwertig $(inkoh\"{a}rent),\;w\"{a}hrend$ der intraponierte zu-Infinitiv sowohl nicht-satzwertig $(koh\"{a}rent)$, als auch satzwertig $(inkoh\"{a}rent)$ sein kann. In der vorliegenden Arbeit wird eine constraint-basierte Analyse zur Synatx der dritten Konstruktion im Deutschen dargestellt. Die Analyse wird im Rahmen der Head-driven Phrase Structure Grammar (HPSG) $durchgef\"{u}hrt$, bei der ich wooer von der Bewegung der Komplemente aus dem Nachfeld noch von der Linearen $Pr\"{a}zedenz$ mit neuen Merkmalen ausgehe, sondem von der Typenhierarchie der Konstruktionentypen mit relevanten $Lexikoneintr\"{a}gen$. Es wird zu zeigen versucht, dass die dritte Konstruktion ein Komplementationstyp von non-flip-phrase und partial-vp-extra­phrase ist.

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A Study on the Rent Characteristics of Small Shopping Malls

  • KIM, Sun-Ju
    • Journal of Distribution Science
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    • v.20 no.12
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    • pp.109-116
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    • 2022
  • Purpose: The purpose of this study is to analyze the rental determinants of a small shopping mall located in Seoul, Korea, and the characteristics of four commercial districts (CBD, GBD, YSD, etc.). Research design, data, and methodology: For the characteristics of the data, descriptive statistics and frequency analysis were used. Artificial Neural Networks (ANNs) have been used as rental determinants for small shopping malls. The characteristics of 4 commercial districts were analyzed using Analysis of variance (ANOVA) and post-hoc analysis. Results: 1) CBD 14.8%, GBD 16.7%, YSD 13.0%, others 55.6%. 2) The order of important variables affecting rent: CBD=1> GBD=1> vacancy rate> rental index> number of buildings> YBD=1> average gross floor area> conversion rate> average floor. 3) Characteristics of commercial district: Rents in CBD and GBD are high. The conversion rate is high in the GBD commercial area. The number of buildings is high in the CBD. The average area of GBD is larger than that of other commercial districts. Conclusions: 1) Several factors should be considered when investing in or renting a small shopping mall. 2) Depending on the investment and business purpose, factors such as rent, conversion rate, building, and area average should be considered.

An Economic Approach to the Rational Development and Use of Marine Resources (II) (해양자원의 합리적 개발.이용에 관한 경제학적 연구(II))

  • 유동운
    • The Journal of Fisheries Business Administration
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    • v.14 no.1
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    • pp.19-43
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    • 1983
  • Mankind has made traditional use of various ocean resources in such several forms as fish, plants food, means of transportation, and military purpose, followed by the recent exploitation of offshore subsoil or sea-bed minerals, energies, and utilization of ocean space. These available ocean resources come from the marine natural environment which has a distinct feature in view of the relationship between human wants and their capacity to meet them. Though these socially basic resources however bring forth the so-called scarcity or differential rent, their communal nature of ownership dissipates free gifts of nature endowed to society as a whole. Thus to maximize these rents and social welfare thereof, rents should be secured and preserved through a well-defined arrangements of property-ownership as well as appropriate comparison of competing uses of marine resources, taking full cognizance of their irreversible adverse effects of a specific choice on the alternatives. Here I showed the sources of rent yielded from the multiple uses of navigation, fishery, mariculture, minerals, and recreation site, and also summarized the presently widely-known analytic tool to measure these rents with emphasis on due care of the telescopic faulty of the appraiser in charge, viewed from the communal point, Finally, as communal property is in strict sense owned by the public at large, notwithstanding the restricted communal ownership at government or local governments control, effectiveness of competition I expect should be kept while transferring claims of these resources from the legal owner to private enterprise as well as while extracting their rent by her. In particular, various national or social objectives look forward to tile maximization of social efficiency. Discretionary system in noncompetitive method thus, is exceptionally suggested because of probable suspicion from the public whether these resources are transferred as a give away or not in discretion. And these realized rent payments, I propose, should be wisely taken advantage of in advancement of scientific research in marine nature to bring an incremental rent therefrom successively.

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A Study on The Risk on the Non-payment of Monthly Rent of Seoul Office Market in the Framework of Asymmetric Information (정보비대칭 관점에서 서울 오피스 시장의 월세미납리스크에 관한 연구)

  • Kim, Sung-Nam;Choi, Young-Sang;Koh, Sung-Soo
    • The Journal of the Korea Contents Association
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    • v.15 no.7
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    • pp.531-543
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    • 2015
  • Benjamin, Lusht, and Shilling(1998) suggested that the level of deposit can be used as a tool to resolve the problem of adverse selection by the leaseholder under the circumstance of information asymmetry. In this respect, this research aims to verify how the level of deposit and monthly rent mitigate the problem of information asymmetry existing in the office market in Seoul. So far, the analysis of the office market in Seoul has been difficult due to the fixed rate of deposit and monthly rent. This research attempts to adopt the concept of occupancy cost, a global standard indicator that would replace the default risk of monthly payment for analyzing the market. As a result of a series of empirical analysis, the lessors tend to add about 9 percent of risk premium to the occupancy cost to hedge against the default risk of monthly payment. It allows for estimating at what extent one should reflect the leaseholder's default risk of monthly payment for operating deposit and monthly rent in the office building lease market.