• Journal of Korea Trade
• /
• v.23 no.4
• /
• pp.30-57
• /
• 2019

Purpose - This study analyzes the effect of internationalization represented as exporting on firm performance on the subject of SMEs operating in Masan Free Trade Zone which has shown poor performance recently despite its status as the oldest and largest free trade zone in Korea. We also analyze the effect of firm size on firm performance, and the moderating role of firm size in relation to internationalization and firm performance. Design/methodology - This study uses multiple regression models for unbalanced panel data as the empirical tools for the estimation of the effect that internationalization has on firm performance (ROA or ROS). Our sample consists of 91 manufacturing SMEs among all 110 companies located in Masan Free Trade Zone as of 2017. Findings - The degree of internationalization has a negative impact on firm performance. However, firm size turns out to have a positive effect and play a positive moderating role in the relation to internationalization and firm performance. This seems to be because most tenant companies operating in Masan Free Trade Zone are small firms whose costs of internationalization may exceed the benefits. Empirical results also show that longer CEO tenure has a greater negative effect on firm performance. Originality/value - The originality/value of this paper can be found in 3 aspects. First, we conducted an empirical analysis on the relationship between the internationalization and firm performance of SMEs in a specific region, namely, Masan Free Trade Zone. Second, while most previous studies focused on listed medium companies, most of the sample of this study are small and medium non-listed enterprises. Third, it is witnessed that firm size has a positive moderating effect on the relation between internationalization and firm performance.

• The Korean Journal of Applied Statistics
• /
• v.9 no.2
• /
• pp.145-159
• /
• 1996

We propose an adaptive searching method using some spatial relations among sample points to estimate the interesting area in the spatial population. The fundamental idea is to observe the neighboring sample points when a sample point is satified with some condition of an adaptive searching observation. For obseving the sample points with this method to estimate the area the sample size is decreased. From this result, we may expect to reduce the cost and time consuming in observation the sample points and to draw the shape of the interesting area without prior information of an spatial population. Some analytical simulation results are also presented.

• The Korean Journal of Applied Statistics
• /
• v.14 no.1
• /
• pp.13-24
• /
• 2001

In this paper, we investigated mean estimation methods in two-phase sampling. Under the fixed expected cost we reviewed the optimal sample sizes, minimum variances and approximate unbiased variance estimators for usual ratio estimator, stratified sample mean with proportional allocation and Rao's allocation of the second phase sample. Also we proposed combined ratio estimator, which uses both ratio estimation and stratification and derived optimal sample size, minimum variance and unbiased variance estimator. Through a limited simulation study, we compared estimators by design effects and came to know that ratio estimator is more efficient than stratified sample mean in some cases and inefficient in the other cases, but combined ratio estimator is more efficient than others in most cases.

• Management & Information Systems Review
• /
• v.22
• /
• pp.1-23
• /
• 2007

This paper investigates the relationships between exports, firm size, and firm dynamics. It is based on a longitudinal data covering listed firms in the Korean manufacturing industry. We found the stylized fact that the probability that a firm is exporter increases with firm size. A regression model for the determinant of export/sales ratio including dynamic adjustment process is tested on a cross-section sample for the year 2001. Empirical findings suggest that there is a positive and inversely U-shaped relationship between firm size and export/sales ratio, just for basic material and capital good industry. Except for firm size, the hypotheses concerning human capital intensity, physical capital intensity, R&D intensity, and patent are rejected. Using Granger causality test, we found that the rate of growth of total sales influences the change of the export/sales ratio with time lag for medium-sized firms. Finally, some policy implications are presented.

• Korean Journal of Materials Research
• /
• v.17 no.10
• /
• pp.532-537
• /
• 2007

A series of wet grinding experiments have been carried out using a stirred ball mill to systematically investigate consideration of grinding characteristics. The particle size distribution and median diameter of the grinding consumption power for a given grinding time were considered. Also, the effect of grinding aids on particle size and grinding consumption energy defined as the summation of grinding power was investigated. The grinding aids had influence on the smaller products size and decrease grinding consumption energy because the function of grinding aids were to be attribute to the prevention of agglomeration and ball and grinding chamber wall coating of sample powder. The grinding process seemed to be controlled by the force of agglomeration of the ground products. It was demonstrated that the particle size and grinding consumption energy could be more decreased by the addition of grinding aids.

• Restorative Dentistry and Endodontics
• /
• v.41 no.3
• /
• pp.231-234
• /
• 2016

• 한국데이터정보과학회:학술대회논문집
• /
• 2004.10a
• /
• pp.111-111
• /
• 2004

• Restorative Dentistry and Endodontics
• /
• v.41 no.2
• /
• pp.154-156
• /
• 2016

• Journal of the Korean Statistical Society
• /
• v.30 no.1
• /
• pp.99-113
• /
• 2001

This paper deals with the problem of estimating the means in two inverse Gaussian populations with equal but unknown coefficient of variation. The maximum likelihood estimators are derived by solving a cubic equation and their asymptotic variances are presented for comparative purpose. Monte-Carlo simulation is conducted to investigate the efficiency of the estimators relative to the sample means over a wide range of values for the sample size and the coefficient of variation. The effect on this efficiency under the departure from the assumption of common coefficient of variation is also studied.

• Proceedings of the Korean Statistical Society Conference
• /
• 2002.11a
• /
• pp.327-332
• /
• 2002

Variance estimation for the regression estimator for a two-phase sample is investigated. A replication variance estimator with number of replicates equal to or slightly larger than the size of the second-phase sample is developed. In these cases, the proposed method is asymptotically equivalent to the full jackknife, but uses smaller number of replications.