• Title/Summary/Keyword: Trade balance

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Linkage between Trade and SPS Measure through Establishment of Reasonable-Regulator Approach to Judicial Review : Focusing on US-Hormones Suspension Case (합리적 규제자 기준의 확립을 통한 무역과 위생검역조치의 조화 - US-Hormones Suspension 사건을 중심으로 -)

  • Lee, Ju-Young;Lee, Eun-Sup
    • International Commerce and Information Review
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    • v.13 no.3
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    • pp.403-431
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    • 2011
  • The environmental issues including domestic measures to protect public life or health are generally easy to bring the tension between the WTO and its member countries. The standard of review, whether de novo review, total deference, or somewhere in between, is largely important in the WTO's adjudicating mechanism because it is closely related to the appropriate balance of power between sovereign nations and the WTO: The multilateral trading regime, through the proper standard of review, could harmoniously operated without interest conflicts among the member countries and at the same time between the WTO and the member countries. Irrespective the important function of the standard of review in the WTO judicial system, applicable standard of review has not been established in the current SPS Agreement. Furthermore, the nature of the SPS Agreement related in scientific factors, such as scientific experiment, data and assessment prevents the WTO's panel from applying consistent standard of review. Considering the judicial demand for the moderate treatment of the case under the SPS Agreement, this paper explores appropriate standard of review applicable the SPS-related environmental measures, particularly, by analysing the recent SPS-related dispute, US-Hormones Suspension.

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An Empirical Study on the Determinants of Korean FDI focused on China&Asean six Countries for years 2007 through 2012 (한국의 해외직접투자 모형설정 관한 실증 연구 (중국&아세안 6개국 중심: 2007년-2012년중심))

  • Lee, Eung-Kweon
    • International Commerce and Information Review
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    • v.16 no.2
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    • pp.251-278
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    • 2014
  • This research is about global investment for managing the important position, what Korea is doing in World's main market. Considering there are some differences between developed countries' model and developing countries' model in doing direct overseas investment, they target to get political agreement and develop the new invest plan and strategy by understanding changes of Korean manufacturing companies in direct overseas investment between 2007 and 2012 and analyzing the change of yearly investment motivation factors and acturing factors for investment. The result from this result let us know that company should develop their own idea for their competitive advantage by doing direct overseas investment with the existing the on which convinces the competitive advantage for investing overseas. From the analyzing result, even though it is fairly true that raising wage and getting resources, avoiding customs, and developing alternating industries for export had influenced at the beginning, overseas investing companies' policy will be influenced by the results from studying marketing-pursuit type, which emphasizes to manage trade income and outgo, keeping the balance in the black, ensuring raw materials, local producing and manufacturing by using low-wage people for local sale, and situation for changing investing tendency as service industry.

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A Study on Activating a Producing Organization by Analyzing the Difference (산지유통조직의 차이점 분석을 통한 산지조직화 활성화 방안 연구)

  • Kim, Chang-Hwan;Park, Joo-Sub
    • Journal of Distribution Science
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    • v.12 no.12
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    • pp.65-73
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    • 2014
  • Purpose - Distribution of agricultural products is collapsing due to recent changes in the environment balance between retailers and producers. Further, the increase in the imports of agricultural products due to free trade has caused revenue problems for producers. Agricultural producers are faced with increasing difficulties, and the organized producing center's importance is growing each day. Korean organized producing centers' policies have been conducted since 2000, and have thus been sustained for more than 10 years. Organizing a producing center's business is focused on agricultural cooperative and farming association corporation this has already have been carried out. In addition, it has achieved significant results through these organizations, but it still has many problems. Research design, data, and methodology - Organized producing centers were classified for each type. The survey covered 90 organizations, based on factor analysis, analysis of balance, and logistic regression analysis. The results of the conducted factor analysis are as follows. Production, marketing, human resources management, organizational skills, post management, safety, and scale were classified as the seven kinds of factors. These are the factors that affect the organized producing centers through the variance analysis and logistic regression analysis. The purpose of such research and analysis is to suggest the direction for the future organized producing centers' policies. Result - Results of the analysis of the variance are listed below. Items by type, production, marketing, human resource management, and organizational skills are shown to depict differences between the factors. Organization form results show that production and marketing showed a difference between the factors. The size of the organization, production, and marketing showed the difference between the factors. The factors affect organized producing centers differently depending on the type shown, as seen from the results. In contrast, the logistic regression results of the analysis are as follows. Considering the results by the type of item, and the horticulture type of marketing, human resource management has a (+) influence. Grain type and production showed a (+) influence. New types of income affecting organizational skills have a (+) influence. Considering the results for each type of organization, the agricultural cooperative type of marketing and human resource management have (+) influence. Farming association corporation type of production has a (+) influence. As a result, the size of the organization is as follows. Large organizations are production, expressed in marketing with a (+) impact. Medium-size organizations are expressed with their size factor having a (+) impact. Small organizations are expressed with a safety factor having a (+) impact. Conclusions - The types of factors display different effects. One factor is that the type of a (+) represents the influence of other factors (-) as per factor symptomatology. Therefore, the type of measures to organize a strategy to maximize the benefits of your organization should be pursued. In addition, based on the support for small organizations, improving the quality of the producer organization should be considered.

Assessing the resilience of urban water management to climate change

  • James A. Griffiths
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.32-32
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    • 2023
  • Incidences of urban flood and extreme heat waves (due to the urban heat island effect) are expected to increase in New Zealand under future climate change (IPCC 2022; MfE 2020). Increasingly, the mitigation of such events will depend on the resilience of a range Nature-Based Solutions (NBS) used in Sustainable Urban Drainage Schemes (SUDS), or Water Sensitive Urban Design (WSUD) (Jamei and Tapper 2019; Johnson et al 2021). Understanding the impact of changing precipitation and temperature regimes due climate change is therefore critical to the long-term resilience of such urban infrastructure and design. Cuthbert et al (2022) have assessed the trade-offs between the water retention and cooling benefits of different urban greening methods (such as WSUD) relative to global location and climate. Using the Budyko water-energy balance framework (Budyko 1974), they demonstrated that the potential for water infiltration and storage (thus flood mitigation) was greater where potential evaporation is high relative to precipitation. Similarly, they found that the potential for mitigation of drought conditions was greater in cooler environments. Subsequently, Jaramillo et al. (2022) have illustrated the locations worldwide that will deviate from their current Budyko curve characteristic under climate change scenarios, as the relationship between actual evapotranspiration (AET) and potential evapotranspiration (PET) changes relative to precipitation. Using the above approach we assess the impact of future climate change on the urban water-energy balance in three contrasting New Zealand cities (Auckland, Wellington, Christchurch and Invercargill). The variation in Budyko curve characteristics is then used to describe expected changes in water storage and cooling potential in each urban area as a result of climate change. The implications of the results are then considered with respect to existing WSUD guidelines according to both the current and future climate in each location. It was concluded that calculation of Budyko curve deviation due to climate change could be calculated for any location and land-use type combination in New Zealand and could therefore be used to advance the general understanding of climate change impacts. Moreover, the approach could be used to better define the concept of urban infrastructure resilience and contribute to a better understanding of Budyko curve dynamics under climate change (questions raised by Berghuijs et al 2020)). Whilst this knowledge will assist in implementation of national climate change adaptation (MfE, 2022; UNEP, 2022) and improve climate resilience in urban areas in New Zealand, the approach could be repeated for any global location for which present and future mean precipitation and temperature conditions are known.

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Analysis on the Pattern of Inbound and Outbound Tourism and Their Receipts and Expenditures in Korea (우리나라 내외국인 관광규모 및 경비지출 형태 분석)

  • Rhee, Hyun-Jae
    • The Journal of the Korea Contents Association
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    • v.12 no.10
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    • pp.395-407
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    • 2012
  • The aim of this study is to investigate the pattern of inbound and outbound tourism and their receipts and expenditures in Korea, and wishes to suggest a policy implication. The finding in this research indicates that inbound tourism is mainly influenced by a relative income, while the receipts are effected not only by a scale of tourism, relative price, relative income, but also by the exchange rate. Outbound tourism and the expenditures are tentatively determined by a set of information which is synthetically made up by an economic factors. To this end, it could be concluded that tourism policy should be elaborately established to take of the inbound tourism, and appropriately designed information networking system for tourism would be helpful to assist the outbound tourism.

Association between Efficiency and Quality of Health Care in South Korea Long-term Care Hospitals: Using the Data Envelopment Analysis and Matrix Analysis (요양병원의 효율성과 의료서비스 질의 관련성: 자료포락분석과 매트릭스 분석)

  • Sohn, Minsung;Choi, Mankyu
    • Journal of Korean Academy of Nursing
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    • v.44 no.4
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    • pp.418-427
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    • 2014
  • Purpose: Objectives of this study were to investigate the association between efficiency and quality of health care in Long-term Care Hospitals (LTCH) and determine related factors that would enable achievement of both high efficiency and high quality at the same time. Methods: Major data sources were the "2012 Korean Assessment of Propriety by Long-term Care Hospitals" obtained from the Health Insurance Review & Assessment Service. Cost variables were supplemented by a National Tax Service accounting document. First, data envelopment analysis was performed by generating efficiency scores for each LTCH. Second, matrix analysis was conducted to ascertain association between efficiency and quality. Lastly, kruskal-wallis and mann-whitney tests were conducted to identify related factors. Results: First, efficiency and quality of care are not in a relationship of trade-offs; thus, LTCH can be confident that high efficiency-high quality can be achieved. Second, LTCH with a large number of beds, longer tenure of medical personnel, and adequate levels of investment were more likely to have improved quality as well as efficiency. Conclusion: It is essential to enforce legal standards appropriate to the facilities, reduce turnover of nursing staff, and invest properly in human resources. These consequences will help LTCH to maintain the balance of high efficiency-high quality in the long-run.

A Study on the Forward- and Reverse-Link Interrogation Range of a UHF RFID System (UHF RFID 시스템의 순방향 및 역방향 인식 거리에 관한 연구)

  • Jang, Byung-Jun;Park, Jun-Seok;Cho, Hong-Gu;Lim, Jae-Bong
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.18 no.11
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    • pp.1243-1253
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    • 2007
  • Recently UHF RFID system has drawn a great deal of attention because of its potential to revolutionize supply chain management. An important characterization of the performance of a RFID system is 'interrogation range', which is defined as the maximum distance between a reader and a tag. Forward-link interrogation range is defined as the maximum distance from which the tag receives just enough power to turn on and back-scatter, and reverse-tink interrogation range is the maximum distance from which the reader can detect this back-scattered signal. A link balance has to be found between the two interrogation ranges. In this paper, the interrogation range equations are formulated in both forward-link and reverse-link and a trade-off between the two values is investigated in order to maximize the interrogation range. As a result, it is observed that the gain of the reader antenna, the isolation of the circulator, and the phase noise of the local oscillator with range correlation effect mainly determine the reverse-link interrogation range.

The Role of Industry Quantitative Analysis in the Process of National R&D Project Planning (정부기술개발사업 과제기획과정에 있어 산업분석의 역할과 의미 - 에너지기술개발사업을 중심으로 -)

  • Kim, Bong-Gyun;Park, Song-Dong
    • Journal of Korea Technology Innovation Society
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    • v.13 no.3
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    • pp.459-470
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    • 2010
  • The aim of this study were to investigate the process of national R&D project planning by using the industry quantitative analysis(especially supply-chain enterprise ananlysis). In the selection process of funding project, the role and significance of the industry analysis can be identified as the effective guideline of using this methodology. Across the study, the following is noted : the factors of R&D effectiveness and R&D necessity are found reliable and valid. On the other hand, the emptiness of supply chain and the positive effect of foreign trade balance did not influence the selection of project. The information gained from this study will help us to define better expectations and industry analysis employing to the National R&D Project Planning.

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The Main Contents of the Countermeasures for Recycling of Used Metal Resources (환경부(環境部) "폐금속자원(廢金屬資源) 재활용(再活用) 대책(對策)"의 주요(主要) 내용(內容))

  • Kim, Soo-Kyung
    • Resources Recycling
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    • v.19 no.4
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    • pp.3-12
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    • 2010
  • Countries which have a lot of metal resources are weaponizing metal resources such as supply limitation, high price sale. It's necessary for us to establish the countermeasure for recycling of used metal resources on a government basis. Ministry of Environment has established and announced the project for finding and reuse the hidden metal resources as pan-government department pass the Cabinet meeting at September 22, 2009. This countermeasure, 10 years project, is classified into 2 steps. Aim of this project is advance of the recycling technology and industry, achievement of recycling rate, 75%, improvement in adverse balance of trade, 1.25 billion US$.

Research on Stock price prediction system based on BLSTM (BLSTM을 이용한 주가 예측 시스템 연구)

  • Hong, Sunghyuck
    • Journal of the Korea Convergence Society
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    • v.11 no.10
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    • pp.19-24
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    • 2020
  • Artificial intelligence technology, which is the core of the 4th industrial revolution, is making intelligent judgments through deep learning techniques and machine learning that it is impossible to predict if it is applied to stock prediction beyond human capabilities. In US fund management companies, artificial intelligence is replacing the role of stock market analyst, and research in this field is actively underway. In this study, we use BLSTM to reduce errors that occur in unidirectional prediction of the existing LSTM method, reduce errors in predictions by predicting in both directions, and macroscopic indicators that affect stock prices, namely, economic growth rate, economic indicators, interest rate, analyze the trade balance, exchange rate, and volume of currency. To help stock investment by accurately predicting the target price of stocks by analyzing the PBR, BPS, and ROE of individual stocks after analyzing macro-indicators, and by analyzing the purchase and sale quantities of foreigners, institutions, pension funds, etc., which have the most influence on stock prices.