• Title/Summary/Keyword: Resource reallocation

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Economic Crisis and Intergenerational Economy: Lessons from Korea's 1997~98 Economic Crisis (경제위기와 세대 간 경제: 1997~98년 경제위기의 교훈)

  • An, Chong-Bum;Lee, Sang-Hyop;Hwang, Namhui
    • KDI Journal of Economic Policy
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    • v.32 no.1
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    • pp.27-49
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    • 2010
  • This paper provides insight into some important features of the intergenerational resource allocation in Korea, before and after the financial crisis in 1997-98. Data sets of three periods before and after the financial crisis (1996, 2000, and 2005) were used to compare the results. This research particularly addresses two related issues: i) the generational effects of economic crisis, and ii) the capacity of age reallocation systems to spread economic risks across generations. The results show tremendous consumption smoothing and resource reallocation by age, during and after the financial crisis. Private education and private health consumption decreased for children between 1996 and 2000. However, the decrease in private education and private health consumption was mitigated by the increase in public consumption. It appears that the public sector did not only mitigate the adverse impact of the economic crisis on consumption, but it also reduced the widening disparity amongst generations. Within transfers, the public transfers for the elderly increased substantially as the private transfers decreased rapidly. Finally, there was a big increase in the asset-based reallocation of the elderly. The increase in asset-based reallocation was mainly due to an increase in asset income between 1996 and 2000, but it was almost entirely due to a decrease in saving (i.e. an increase in dissaving) between 2000 and 2005. This suggests that Korean elderly seemed to have some degree of supporting system during the crisis, even without sufficient pension benefits. The increased reliance on asset accumulation will be critical in the long-run in Korea, as public pension funds diminish due to population aging.

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Dynamic Resource Reallocation using User Connection Pattern per Timeslot (시구간별 사용자 접속 패턴을 이용한 동적 자원 재분배)

  • 이진성;최창열;박기진;김성수
    • Proceedings of the Korean Information Science Society Conference
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    • 2003.04d
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    • pp.572-574
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    • 2003
  • 웹 서버 클러스터의 성능 개선을 위한 연구가 다양한 분야에서 이루어졌지만 로그 파일 분석과 같은 방식으로 접속 빈도를 통한 실시간 동적 자원 재분배에 관한 연구에만 대부분 초점을 맞추었다. 본 논문에서는 시구간별 접속 패턴 분석 결과를 기반으로 패턴을 예측하여 자원을 동적으로 재분배하는 메커니즘을 제안한다. 제안한 메커니즘은 불필요한 자원 낭비를 감소시켜 효율적인 자원 재분배를 통해 클러스터의 성능을 향상시킨다. 또한 시구간별 접속 패턴의 유사성을 증명한다.

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실물옵션이론을 이용한 전파자원 회수 및 재배치 정책 모형화에 관한 연구

  • Jeon, Il-Hwan;Lee, Jeong-Dong;Jeong, Jong-Uk
    • Proceedings of the Technology Innovation Conference
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    • 2005.02a
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    • pp.124-139
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    • 2005
  • In the early stage, the radio communication industry was widely accepted as a monopoly industry, so it has been controled and managed by government. But the advanced technology in Information and Technology industry has led constant increase of demand and dramatic change of communication market. Furthermore it is expected that frequency resource is to be short by market change due to wire-wireless integration. That is why the effort to utilize and manage limited frequency resource efficiently is being executed around the world. Not only newly developing and allocating the spectrum but also reallocating the existing spectrum important are, since transforming inefficiently used existing spectrum to new service can increase producer's surplus and social welfare. The economic approach to valuate the spectrum and spectrum usage right is necessary different from the traditional cost based approach, and through this approach I expect active transaction of spectrum. In this paper the real option methodology is used for valuation of spectrum, considering spectrum user's option right based on future revenue. In detail, the matter of withdrawing and reallocating the existing analog radio broadcasting spectrum is evaluated in this paper, The digitalization of a broadcasting service is widely spreaded around the world in terms of technology and service utility, and analog TV broadcasting has already been decided to be transformed to digital TV broadcasting. It was planned to convert analog radio broadcasting to DAB service before adopting DMB service, but nowadays this issue is not on the table anymore. However if the increasing demand of digital voice and broadcasting service is considered, this kind of research to valuate a spectrum is needed urgently. The result of this research shows that when the redeployment of spectrum is done, social welfare will increases. The point of the reallocation time and value are suggested by the monte carlo simulation through ROVM. In this paper, I use real option to valuate the spectrum and provide the point of the reallocation time and reasonable guideline, and moreover, the suitable information of this paper is expected to reduce risk and loss in policy practice.

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Is the Paradigm of Income-led Growth Still Valid? (소득주도성장 패러다임은 여전히 유효한가?)

  • Joo, Sangyong
    • 사회경제평론
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    • v.31 no.3
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    • pp.1-27
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    • 2018
  • We evaluate the income-led growth policies introduced in the first year of 'the Moon Government', and try to find ways to extend policy packages. We emphasize the expansion of fountain effects, reinforcing trickle-down effects, and fiscal expansion. Nevertheless, we still face two deep problems. It is hard to reverse the long-run downward growth trend due to population decline. It is also hard to overcome the chronic inefficiency in resource allocations originated from the Korea-specific monopolistic structure. We still can take advantage of income-led policy, but the growth effect will be limited if our efforts just remain in mild improvement of income distribution. We have to challenge the broader reform agenda if we really aim at great paradigm shift.

Migration and Energy Aware Network Traffic Prediction Method Based on LSTM in NFV Environment

  • Ying Hu;Liang Zhu;Jianwei Zhang;Zengyu Cai;Jihui Han
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.17 no.3
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    • pp.896-915
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    • 2023
  • The network function virtualization (NFV) uses virtualization technology to separate software from hardware. One of the most important challenges of NFV is the resource management of virtual network functions (VNFs). According to the dynamic nature of NFV, the resource allocation of VNFs must be changed to adapt to the variations of incoming network traffic. However, the significant delay may be happened because of the reallocation of resources. In order to balance the performance between delay and quality of service, this paper firstly made a compromise between VNF migration and energy consumption. Then, the long short-term memory (LSTM) was utilized to forecast network traffic. Also, the asymmetric loss function for LSTM (LO-LSTM) was proposed to increase the predicted value to a certain extent. Finally, an experiment was conducted to evaluate the performance of LO-LSTM. The results demonstrated that the proposed LO-LSTM can not only reduce migration times, but also make the energy consumption increment within an acceptable range.

Applying the Policy scheme to the IntServ

  • Song, Wang-Cheol
    • Journal of information and communication convergence engineering
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    • v.1 no.3
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    • pp.109-114
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    • 2003
  • There is an emergence of Internet applications that have real-time requirements. These applications require IP to support guaranteed capacity, higher priority and lower packet loss rate. To address this, the Internet Engineering Task Force (IETF) is developing a set of protocols and standards for Integrated Services on the Internet. Using RSVP and policies to manage the allocation of network resources in order to provide different levels of service is a topic of great interest to service providers. Currently, it is not possible to dynamically reallocate resources during an application's session. This paper discusses how policies in conjunction with new service class can provide a more enhanced network resource allocation by allowing for this dynamic reallocation.

Aggregate Productivity Growth in Korean Manufacturing: The Role of Young Plants

  • KIM, MINHO
    • KDI Journal of Economic Policy
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    • v.39 no.4
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    • pp.1-23
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    • 2017
  • I measure aggregate productivity growth in manufacturing between 1995 and 2013 as defined by Petrin and Levinsohn (2012). I decompose aggregate productivity growth into technical efficiency improvements, resource reallocations, and net entry effects. I find that aggregate productivity growth slows down after 2004 and that the rapid drop in technical efficiency growth contributed most to the decline. In this paper, I focus on the role of young plants with regard to productivity growth of Korean manufacturing. I show that young plants account for nearly half of APG (48%), while their value-added share is 14 percent on average between 1995 and 2013. I find that productivity growth at young plants has been declining for the last ten years. The lower growth of continuing young plants contributes to this trend. These results stress the important role of young plants in aggregate productivity growth and imply that understanding the dynamics of young plants is necessary to form effective start-up policies.

Misallocation and Manufacturing TFP in Korea

  • OH, JIYOON
    • KDI Journal of Economic Policy
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    • v.38 no.3
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    • pp.37-52
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    • 2016
  • This paper analyzes the effects of allocative efficiency on productivity in the manufacturing sector of Korea following Hsieh and Klenow (2009). The results of this research indicate that the overall allocative efficiency declined from 1990 to 2012. Using the method of Oberfield (2013), which allows inter-industry resource movement as well as intra-industry reallocation, we confirm that intensified misallocation generally results from intra-industry allocative inefficiency. The potential loss from instances of worsening misallocation is estimated to be approximately 0.6% points for each year, which is considerable in terms of the overall TFP. In terms of the firm size distribution, initially large establishments are more likely to expand if distortions are removed in most countries. One notable feature in Korea is that this pattern is pronounced. This implies that subsidies to unproductive small-sized establishments are heavily implemented.

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Resource Reallocation Algorithm for Layered Video Multicast (계층적 비디오 멀티캐스트를 위한 자원 재할당 알고리즘)

  • Yun, Jiun;Park, Dong Chan;Hwang, Sung Sue;Kim, Min Ki;Kim, Suk Chan
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.39A no.5
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    • pp.293-301
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    • 2014
  • It has been grown interests ot the convergence services about broadcasting and multicasting services such as Mobile IPTV. It needs the efficient scheduling and resource allocation algorithm because video contents have the large data. This paper proposes the resource allocation algorithm for the layered-encoded video coding in the multicasting services. Existing approaches only deal with the utility maximization in the current video frames. However, these algorithms have a problem for the Quality of Services(QoS) if the user's channel states are not good. We apply the delay constraint and find to maximize the utility values using the current content's frames and already assigned content's frames within the constraint periods. The performance of the proposed algorithm is evaluated by the higher layer transmission rates compared the existing algorithm and significantly improved for the QoS.

A Study on Performance Analysis and Resource Re-distribution Method of the Spatial Information Open Platform Service (공간정보 오픈플랫폼 서비스의 성능 분석 및 자원 재조정 방안에 관한 연구)

  • Jang, Han Sol;Go, Jun Hee;Kim, Min Soo;Jang, In Sung
    • Spatial Information Research
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    • v.23 no.4
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    • pp.1-11
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    • 2015
  • Since the Spatial Information Open Platform service started in January 2012, the number of service users and the size of the system has increased significantly. However, we could not know the analysis result about how much the hardware resources of the Open Platform system can handle user services. Thereafter, whenever the number of service users are rapidly increased, we simply have solved the service delays using the hardware extension. So, this study presents the obvious solution to avoid the same problem in the future, by pinpointing the system performance of the Open Platform. In this study, through the performance analysis of hardware using NMON and the load test of web service using nGrinder, we intend to get an accurate performance of the Open Platform system. Then we intend to present the resource reallocation method in order to provide better performance of the system.