• Title/Summary/Keyword: SUR Model

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The Exploration of Intersectoral Convergence of Spatial Information Industry and Forecast of its Market Size (공간정보산업 융·복합부문 탐색 및 시장규모 전망 연구)

  • Kwon, Young-Hyun
    • Journal of Cadastre & Land InformatiX
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    • v.52 no.2
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    • pp.121-135
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    • 2022
  • The purpose of this study is to explore the convergence sector of the spatial information industry based on the business transaction data of spatial information companies and to predict the market size of the industry using the Seemingly Unrelated Regression(SUR) model. The convergence part of spatial information industry, which cannot be identified in the Spatial Data Industry Survey, was analyzed by exploring keywords related to spatial information using the business DB of Korea Enterprise Data (2010-2019). The convergence of spatial information businesses mainly appeared in the business relationship between the value chain between Seoul and Gyeonggi Province. The convergence business has the largest sales in the value chain 2 (utilization, service) & 3 (convergence), and also the convergence in the value chain 1 (production, construction) & 2, 2 & 3 stages has doubled in 2019 compared to 2010. In 2019, the total sales of the spatial information industry based on the Statistical Korea were announced at about 8 trillion won, but in this study, the total sales of the spatial information industry were estimated at 28 trillion won considering convergence activities. Finally, when scenario 1 (0.38% population growth, 2020-2024) and 0.07% (2026-2030) were applied using the SUR model to predict the expected market size of the industry, sales decreased by -0.37% to 0.069% in 2025 and 2030 by respectively. When scenario 2 (average wage growth 1.2%) was applied during the same period, sales in the industry increased by 2.326% to 12.185%. In other words, the sales in the spatial information industry depends on Labor, Total Factor Productivity, and Capital Productivity so it is necessary to additional research on policy development and alternatives of enhancing each productivity.

An Analysis of Coffee Demand System in Korea using AIDS (준이상 수요체계(AIDS)를 이용한 한국의 커피수요분석)

  • Li, Ming-Huan;Jung, Kun-Oh
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.1
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    • pp.72-80
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    • 2014
  • This study is to estimate a demand of coffee in Korea. And based on assumed data, this study is to investigate price elasticity, income elasticity and cross-price elasticity of coffee demand. The data used in this study is the household income and expenditure survey micro data (2003~2012) provided by the National Statistical Office. And LA/AIDS model and SUR method were utilized in order to forecast coffee demand. As a result, price elasticity and income elasticity are found to be correspond with economic theory as they were assumed to -0.259, 0.455 respectively. Meanwhile, it indicated characteristic of essential good by showing negative (-) income odds ratio estimate. When it comes to cross-price elasticity of coffee and cigarette, it was found to be a complementary relation as its cross-price elasticity was assumed to -0.121. Besides, it was found that male consume more coffee than female, while people in their age of 50s consumes mostly. In conclusion, this study suggests necessity of reconsidering coffee as important goods when Consumer Price Stabilization Policy is determined, as coffee shows characteristic of essential goods which is inelastic.

A Study on Technological Innovation and Employment Performance from the Perspective of Process : Focused on Small and Medium Sized Enterprises (프로세스 관점에서의 기술혁신 및 고용성과에 관한 연구 : 중소기업을 중심으로)

  • Bong, Kang Ho;Park, Jaemin
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1508-1535
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    • 2018
  • Employment in enterprises is a consecutive decision-making process based on the results of their innovative activities and it is necessary to consider this relationship as well explicitly in an analysis of the employment performance through technological innovation. Based on this critical mind, this study would analyze the structural relationships among enterprises' innovative activities, the performance of technological innovation, a compensation system and the creation of employment, reflecting the correlation of the process of the actual technology management performed simultaneously, utilizing the seemingly unrelated regression(SUR) model to estimate a simultaneous equation in addition to analyzing the relationship between technological innovation and the effect on employment with the ordered logit model to estimate a single equation as in the preceding studies. As a result of the analysis, a structural relationship could be found out, in which the execution of the compensation system would increase the performances of technical development and technology commercialization, which in turn, accelerates enterprises' employment. Especially, it is judged that enterprises' employment performance increases when technological innovation is managed from a process perspective in that the commercialization performance, as well as technical development, acts as a kind of hurdle in the effect on employment.

Nonlinear Focusing Wave Group on Current (흐름의 영향을 받는 파랑 그룹의 비선형 집중)

  • Touboul, Julien;Pelinovsky, Efim;Kharif, Christian
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.19 no.3
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    • pp.222-227
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    • 2007
  • Formation of freak waves is studied in deep water from transient wave packets propagating on current. Those waves are obtained by means of dispersive focusing. This process is investigated by solving both linear and nonlinear equations. The role of nonlinearity is emphasized in this interaction.

Beams affected by corrosion influence of reinforcement placement in the cracking

  • Ortega, Nestor F.;Rivas, Irene E.;Aveldano, Raquel R.;Peralta, Maria H.
    • Structural Engineering and Mechanics
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    • v.37 no.2
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    • pp.163-175
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    • 2011
  • The results of experimental and numerical investigations on reinforced concrete beams, with different longitudinal rebars affected by corrosive processes are presented in this paper. Different diameters and/or different distributions of longitudinal rebars were employed keeping constant the total section in each analyzed case, (maintaining a constant stirrup diameter and distribution). The rebars were subjected to accelerated corrosion in the experimental study. Electrochemical monitoring of the process, periodic measuring of the cover cracking and gravimetry of the rebars were performed through the test. Some building recommendations are obtained in order to be considered by designers of concrete structures. The numerical simulation was carried out through the application of the Finite Element Method (FEM), employing plane models, and using linear-elastic material model. The cracking process was associated with the evolution of the tensile stresses that were originated. This numerical methodology allows the monitoring of the mechanical behavior until the beginning of the cracking.

Substitution analysis among production factors of distant longline fisheries in IATTC waters using a translog cost function (초월대수 비용함수 추정을 통한 IATTC 해역 원양연승어업의 생산요소 간 대체성 분석)

  • Jo, Heon-Ju;Kim, Do-Hoon;Kim, Doo-Nam;Lee, Sung-Il;Lee, Mi-Kyung
    • Ocean policy research
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    • v.34 no.2
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    • pp.1-28
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    • 2019
  • The purpose of this study is to analyze the substitution among production factors of Korean distant water longline fisheries in IATTC waters. In the analysis, the translog function which have one output variable of total cost and input variables of labor, fuel, fishing gear, and capital was established and it was transformed into simultaneous equations by each cost. Then, variables of equations were estimated by SUR (seemingly unrelated regression) model. Since distant water longline fisheries is a fishing type with high fuel usage, substitution of fuel with other factors was mainly analyzed. Results showed a substitute relation between fuel and labor as well as fuel and fishing gear, while a complementary relation between fuel and capital. In addition, it was analyzed that magnitude of fuel elasticity with other factors would be inelastic.

The Relative Effects of Business-to-Business (vs. Business-to-Consumer) Business Model Innovation on Innovation Performance (B2B (vs. B2C) 비즈니스모델혁신이 혁신성과에 미치는 상대적 효과)

  • Yejin Park;Chaeeun Lee;Wonjoo Yun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.6
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    • pp.159-172
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    • 2023
  • This study aims to empirically investigate the relative effects of business-to-business (vs. business-to-consumer) business model innovation (BMI) on innovation performance. The research examines the impact of three key components of BMI: 1. value creation, 2. value proposition, and 3. value capture, on innovation performance. The 2022 Entrepreneurship Survey data by the Korean Entrepreneurship Foundation was used to analyze 2,879 companies. An exploratory data analysis (EDA) including various categories such as industry, firm, CEO, and technology chracteristics was conducted to show the latest startup status in Korea. The results show that value creation of B2B (vs. B2C) firms has a more positive and significant impact on innovation performance. Whereas, value proposition of B2C (vs. B2B) firms was found to have a more positive and significant effect on innovation performance. Interestingly, value capture did not show any effects for either type of firms. Additionally, the study employed seemingly unrelated regression (SUR) analysis for robustness checks. These findings provide important insights about the relative effects of B2B-BMI (vs. B2C-BMI).

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T-S Fuzzy Model-based Waypoints-Tracking Control of Underwater Vehicles (무인잠수정의 T-S 퍼지 모델기반 경로점 유도제어)

  • Kim, Do-Wan;Lee, Ho-Jae;Sur, Joo-No
    • Journal of Institute of Control, Robotics and Systems
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    • v.17 no.6
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    • pp.526-530
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    • 2011
  • This paper presents a new fuzzy model-based design approach for waypoints-tracking control of nonlinear underwater vehicles (UUVs) on a horizontal plane. The waypoints-tracking control problem is converted into the stabilization one for the error model between the given nonlinear UUV and the waypoints. By using the sector nonlinearity, the error model is modeled in Takagi-Sugeno's form. We then derive stabilization conditions for the error model in the format of linear matrix inequality. A numerical simulation is provided to illustrate the effectiveness of the proposed methodology.

The Effects of Municipalities' Cultural Industries on the Regional Economy in Korea (시.군.구의 문화산업이 지역경제에 미치는 영향)

  • Yeom, Seung-Il;Lee, Hee-Yeon
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.3
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    • pp.307-324
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    • 2011
  • The culture industry is viewed as a driving industry in the 21th century. Korea has experienced the rapid growth rate of the cultural industry in terms of sale amounts for the period of 2004-2009. The purposes of this study are to analyze the spatial pattern of the cultural industry and to empirically examine the effect of municipalities' cultural industries on regional economy using SUR model. The major findings are as follows: First, cultural industries are concentrated in the capital region and several metropolitan areas. Secondly, the estimated result of SUR model shows that there is inter-relationship between cultural industry and regional economy. The effect of the cultural industry on GRDP is that the cultural industry increased 1%, GRDP increased by 0.46%. In turn, GRDP increased 1%, cultural industry increased by 0.75%. Thirdly, the elasticity of the cultural industry on GRDP is much higher than that of labor or capital stock, showing that the cultural industry has a more powerful influence on its regional economy. Fourth, the elasticity of the cultural industry on GRDP of Gun is higher than that of shi, indicating that it is rational for Gun to develop strategies to promote competitive power of the cultural Industry for regional economic growth.

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A Study on the prediction of Advertising Expenditure (계량적 통계분석을 통한 매체별 광고비 예측 연구)

  • Han, Sangpil;Yu, Seung Yeob
    • Journal of Digital Convergence
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    • v.12 no.9
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    • pp.111-121
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    • 2014
  • This study is designed to predict the total ad expenditure of Korea, and six media ad expenditures in 5 years based on the past 20 years ad expenditure date. We use annual data published by Cheil Worldwide advertising data analysis. Time series, SUR method, exponential smoothing method and regression analysis were used for exploring the data. The results showed that the total advertising expenditure in 2018 is predicted to 10,873 billion wons. On the basis of the findings, implications are discussed for academicians as well as practitioners.