• Title/Summary/Keyword: The Economy Analysis

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Features of the Impact of Social and Digital Changes on the System of Government Regulation of Banking Activity

  • Zalutska, Khrystyna;Pasichnyk, Vаsyl;Smolinska, Natalia;Grybyk, Igor;Antonova, Liudmyla
    • International Journal of Computer Science & Network Security
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    • v.22 no.4
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    • pp.217-222
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    • 2022
  • The main purpose of the article is to study the features of the impact of social and digital changes on the system of government regulation of banking acitivity. The digital economy sets the vector along which socio-economic systems of micro-, meso-, macro-levels will develop in the long term, which necessitates research and a comprehensive analysis of digital transformation processes. Once a priority for individual innovative companies, today digital transformation has become a mass phenomenon, and the corresponding projects are vital for the success of not only individual companies, but also regions and countries. At the same time, this transformation itself is closely connected with the trend of servicing socio-economic systems and is largely implemented on its basis. Moreover, this relationship and the mechanism for its implementation remain insufficiently studied, which necessitates the development of tools for its identification, assessment and management. As a result of the analysis, the key aspects of the impact of social and digital changes on the system of state regulation of banking activities were identified.

A Study on the Relationship between Clothing Selection Behavior and Personal variables of Adult Women (성인여성의 의복선택행동과 관련변인연구 -자아개념을 중심으로-)

  • Kim So-Yeun;Cho Phil-Gyo
    • Journal of the Korean Society of Clothing and Textiles
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    • v.12 no.2 s.27
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    • pp.159-167
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    • 1988
  • The purpose of this study was to investigate the relationship between Self-concept, Personal variables and Clothing selection behavior. Self-concept was measured with Choi Jung Hun's 'Perceptual Orientation Scale' and Clothing selection behavior scale was prepared for this study. The questionnaire were completed by 389 women in Taegu. Statistical analysis was performed using F-test, Scheffe's test. The results were as follows; 1. There was significant relationship between Self-concept and Clothing selection behavior. (individuality, conformity, economy, modesty). 2. There was significant difference in clothing selection behavior variables according to age. 3. There was significant difference in individuality and economy according to marital status. 4. There was significant difference in individuality, economy and modesty according to education level. 5. There was significant difference in clothing selection behavior variables according to monthly clothing expenses.

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Factor Analysis of Seaborne Trade Volume Affecting on The World Economy (품목별 해상 물동량이 세계 경제에 미치는 영향 요인분석)

  • Ahn, Young-Gyun;Lee, Min-Kyu;Park, Ju-Dong
    • Korea Trade Review
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    • v.42 no.2
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    • pp.277-296
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    • 2017
  • More than 95% of imports and exports in the World are being transported by vessels. In other words, marine transportation accounts for a large portion of share in the world trade. The purpose of this study is to analyze factors of seaborne trade volume according to items affecting on the world economy. This study conducted a linear regression analysis between seaborne trade volume and the world economy (world GDP) to estimate the correlation between them. Panel data analysis and random effects model analysis have been applied to examine the effect of seaborne trade volume. For this study, the seaborne trade volume is categorized into 10 items, and estimated how much global GDP will be affected when the trade volume changes. In addition, the granger causality test was conducted to verify the relationship between seaborne trade volume and the world GDP. As a result, seaborne trade volume and the world GDP were mutually influenced each other. However, seaborne trade volume affects the world economy more significantly. The items affecting world economic growth include petroleum products, crude oil, chemical products, and so on. The estimated value of the coefficients of petroleum products, crude oil and chemical products were 1.014, 1.013 and 1.010, respectively. The estimated value 1.014 of petroleum products means that the growth rate is 1.014 times higher than the current world GDP growth rate when the seaborne trade volume of petroleum products increased by one unit Lastly, this study examines the seaborne trade volume of 10 categories and then verifies whether the growth rate of world GDP will increase when the volume of seaborne trade increased. This study is expected to provide policy-makers with useful information about formulating policies related to international trade.

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A Comparative Study on Economic Effects on the Korean Economy by Transport Mode Using Input-Output Analysis (산업연관분석에 의한 운송부문별 국민경제적 파급효과의 상호비교 분석)

  • Lee, Tae-Woo;Chang, Young-Tae;Shin, Sung-Ho
    • Proceedings of the Korea Port Economic Association Conference
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    • 2006.08a
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    • pp.103-124
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    • 2006
  • This paper is concerned with a comparative study on the economic effects upon the Korean economy by transport mode, ie road, rail, air, and coastal and inland water transportation between 1990 and 2000, using input-output analysis. The economic effects consist of backward and forward linkage effects, production inducing and import-inducing effects. The data employed for this study come from the Bank of Korea database for Input-Output structure of the Korean economy. The major findings in this study are, among others:(1) the power of dispersion(=backward linkage effect) of coastal and inland water transportation sector is the highest among the four transport sectors, while road cargo transport mode showed the highest the degree of sensitivity (=forward linkage effect); (2) rail cargo transport recorded the highest production inducing effects; and (3) air transport mode achieved the highest ranking in the import-inducing effects.

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Analysis of Seismic Performance of Slim Flat Plate System in High-rise Hybrid Structural System (슬림형 바닥시스템을 이용한 고층 복합구조의 내진성능에 관한 해석적 연구)

  • Ha Gee Joo;Park Hyo Sun;Park Joung Hyen;Choi Kyung Ryeol;Kim Dae Joung;Jung Jea Kwang
    • Proceedings of the Korea Concrete Institute Conference
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    • 2005.11a
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    • pp.77-80
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    • 2005
  • Recently the construction of high-rise hybrid type building is progressively increased as the social demands. It is significantly important factors such as economy, the safety of structure, and the flexibility of internal space. Therefore new hybrid structural system, using slim flat plate system, is also required to be attained the reduction of story height, the flexibility and efficient use of space. The most suitable structural system is ,with the economy and flexibility, flat plate system in high-rise hybrid type building. But it was focused in the seismic performance for high performance flat plate system in high-rise hybrid type building. Therefore, in the study, to develop the new flat-plate system with high ductile, durable, good performance for the applications. It was evaluated the seismic performance in the critical region of slab-column connection. And then high performance flat plate system, designed by the economy and safety, was developed as a new technique in the application of high-rise hybrid type building.

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Rederivation of Gertler's model and analysis of the Korean economy

  • Lee, Hangsuck;Son, Jihoon
    • Communications for Statistical Applications and Methods
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    • v.27 no.6
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    • pp.649-673
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    • 2020
  • This paper makes a theoretical contribution by providing clear and detailed derivation of economic agents' decision problems including elastic labor supply in Gertler's overlapping generation (OLG) model. We apply the model to the Korean economy by calibration based on Korean economic data. It also analyzes the impact of current social issues such as aging and extension of retirement age, on the Korean economy in a long-run equilibrium. Subsequently, we also discuss the implications of the analysis. Aging has prolonged the period of retirement; therefore, population structure changes by the increase in the proportion of retirees, the total consumption-to-GDP ratio decreases, and capital stock increases due to reduced propensity to consume out of wealth in preparation for an individual's retirement life. The implementation of retirement age extension increases the proportion of retirees relatively less and alleviates fluctuations in labor supply and the share of financial assets for both economic agents. However, the decrements in consumption-to-GDP ratio is larger than before, and this leads to a larger rise in the capital stock compared to when there is only an aging effect.

A Bayesian Analysis of Structural Changes in Aggregate Demand and Supply of Korean Economy (한국경제의 총수요와 총공급에서의 베이지안 구조변화 분석)

  • Jun, Duk-Bin;Park, Dae-Keun
    • Journal of Korean Institute of Industrial Engineers
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    • v.24 no.4
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    • pp.475-483
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    • 1998
  • Structural changes in an economy system bring about serious problems in establishing economic policies. The boom of middle-east export, the oil shock, and the recent dollar crisis in Korean economy are such examples. Hence, it is necessary to identify and estimate those structural changes. This study focuses on an output and price and analyzes structural changes in aggregate demand and supply. The aggregate demand and supply structures are described by conventional dynamic simultaneous equations model, where each structural change is represented by dummy variables and estimated by the proposed Bayesian method. By applying this model to Korean output and price, structural changes in the aggregate demand and supply are analyzed.

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Analysis on the Friction Characteristics of Low Viscosity Engine Oils (저점도 엔진오일이 마찰특성에 미치는 영향에 관한 해석적 연구)

  • Kim, Chung-Kyun
    • Tribology and Lubricants
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    • v.21 no.6
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    • pp.249-255
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    • 2005
  • In this paper, the friction characteristic of engine bearings has been analyzed in terms of a friction loss power, a minimum film thickness and an oil film pressure. This analysis has been focused on the fuel economy improvement with a low viscosity engine oil such as SAE 0W-40, which is used for a friction loss reduction and increased for a Diesel fuel economy. The friction loss power, the minimum oil film thickness and oil film pressure distribution for plain bearings of a Diesel engine are analyzed using an AVL's EXCITE program with a conventional engine oils of SAE 5W-40 and 10W-40, and a low viscosity engine oil of SAE 0W-40. The computed results indicate that a viscosity of engine oils is closely related to the friction loss power and the decreased minimum film thickness in which is a key parameter of a load carrying capacity of an oil film pressure distribution. When the low viscosity engine oil is supplied to engine bearings, it does not affect to the formation of a minimum oil film thickness. But the friction loss power has been significantly affected by low viscosity engine oil at a low operating temperature of 0. Based on the FEM computed results, the low viscosity engine oil at a low temperature range will be an important factor for an improvement of the fuel economy improvement.

Steering Consuming Energy and Fuel Efficiency Analysis Depending on Steering System Model (조향 모델에 따른 조향 소모 에너지와 연비 분석)

  • Gu, Bonhyun;Lee, Heeyun;Park, Yunkyong;Cha, Sukwon;Lim, Wonsik;Jang, Bongchoon;Bang, Jinseok
    • Transactions of the Korean Society of Automotive Engineers
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    • v.24 no.4
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    • pp.401-407
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    • 2016
  • For high fuel economy, many kinds of unit in vehicle have been developed. In steering system, as a result, HPS(Hydraulic Power Steering) system has been replaced as EHPS and EPS system. But the structures of these systems are totally different, and that causes the uncertainty of fuel economy evaluation. Therefore we undertake to research to find results and tendency of fuel economy and energy in steering system. For accurate evaluation, we modeled different types of steering systems on same vehicle model. The simulation came into action on various driving cycle. The driving condition is designed to show standby power of pump. Results show differences of fuel efficiency and energy consumption.

Corporate Governance and Long-term Corporate Survival in an Emerging Economy (신흥국 기업의 지배구조와 기업의 장기 생존)

  • Jang-Hoon Kim;Se-Yeon Ahn
    • Korea Trade Review
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    • v.46 no.3
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    • pp.65-79
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    • 2021
  • This paper investigates how corporate governance characteristics are related to long-term corporate survival in an emerging economy. We used the data of 311 companies listed on the Korean Stock Exchange (KSE) in 1979 and examined the survival chances of those companies through the IMF crisis in 1998, upon governance characteristics that are expected to increase long-term strategic orientations. We utilized Cox regression model for the analysis. The results indicate that firms with particular governance characteristics that may be tied to CEO's long-term orientations show higher long-term survivability. Specifically, the probability of a firm's long-term survival is increased when founding family ownership is sustained, the company ownership is concentrated, and the CEO is the largest shareholder. This study has significance in that it is one of initial tries to examine the impact of corporate governance on long-term corporate survival with large scale statistical analysis. Also, the study findings provide some clues as to why the portion of family firms in emerging economies is continuously increased, thus providing meaningful insights to corporate governance literature.