• Title/Summary/Keyword: Value-Added Information

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Non-Tariff Trade Policy in the Context of Deep Trade Integration: An Ex-Post Gravity Model Application to the EU-South Korea Agreement

  • Grubler, Julia;Reiter, Oliver
    • East Asian Economic Review
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    • v.25 no.1
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    • pp.33-71
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    • 2021
  • Many different approaches and databases have been developed for the evaluation of non-tariff measures (NTMs) and free trade agreements (FTAs). This paper is devoted to the EU-South Korea agreement, which is the first 'second-generation' FTA of the EU, addressing a wide array of non-tariff policies. We review the evolution of NTM types applicable to the EU-South Korea trade relationship and the role of NTMs in ex-ante and ex-post analyses of the agreement. Subsequently a structural gravity model is employed to assess the value added of information on different aspects of FTAs and types of NTMs by evaluating their ability to predict the trade effects of the EU-South Korea FTA. Our results show that, when accounting for information on the components common in modern deep trade agreements, no additional trade effect is attributable to the EU-South Korea FTA. The evolution of NTMs differs considerably across indicators used, but trade predictions are hardly affected. Most specifications point towards a negative effect of bilateral differences in the number of technical barriers to trade (TBT) applied and sanitary and phytosanitary measures (SPS) against which trading partners issued complaints at the WTO.

Franchise Market, Contract Conditions, and Welfare Implications: Evidence from Korea

  • LEE, JINKOOK;SEO, MYOUNGSHIK
    • KDI Journal of Economic Policy
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    • v.44 no.1
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    • pp.49-75
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    • 2022
  • This paper analyzes how franchise contract conditions are influenced by business structures as well as how contract conditions affect producer surplus by utilizing Korean franchise Information Disclosure Documents for the years 2014-2016. We find that franchise fees tend to increase in line with increases in the numbers of direct stores or the business period. Accordingly, it would be reasonable to check whether the franchise fee is excessive compared to the amount of reputation capital rather than to criticize the absolute level of the franchise fee. Regarding royalty contracts, the larger the discount in the raw materials purchase is, the higher the initial royalty is. Although this appears to be a royalty discount, it can be a means of inducing a raw materials purchase contract by initially setting a high royalty rate and then lowering it after the purchase contract is signed. Concerning the effect on producer surplus, the results show that an increase in franchise fees and royalties negatively affects the franchisee's operating profits but positively affects those of the franchisor's, leading to conflicts over the distribution of economic value added. Based on the findings here, we propose various policy recommendations, specifically reinforcing the contents in the Information Disclosure Document, further activating fixed-rate royalties, and strengthening the qualifications of franchisors when recruiting franchisees.

A Study on Effective Relations between China's Cancellation of the Export Rebate of VAT tax and Chinese Steel Export to Korea. (중국의 수출 증치세 환급 취소가 중국산 철강재의 대한국 수출에 미치는 영향)

  • Lee, Seoung Taek
    • International Commerce and Information Review
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    • v.19 no.3
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    • pp.83-105
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    • 2017
  • I tried to analyze export relation of influence in Chinese H beam(common steel), Hot Rolled Steel(common steel), Plate(common steel) which could be influenced immediately by China's cancellation of the export rebate of value added tax in 2010 through the statistic methods such as cointegration, Granger causality, impulse response and variance decomposition. In the first period they mutually influenced each other in export to Korea but in the second period, this relation of influence was lessoned. Due to production expansion of Hot Rolled Steel(common steel), Plate(common steel) in Korea, the change of import trend, the market change of steel users' industries and China's expedient export of boron steel to Korea, mutual influence among these products was greatly declined. Ever since Hyundai Steel's production expansion involving blast furnace facilities, there is need for the industry to concentrate on developing new markets for its facilities' output in Korea. Therefore, Korea's steel industry desperately needs strength of de-jure standards such as unique quality standards and related certifications, efficient distribution management, as well as export promotion strategy through its global trading network to effectively address its structural supply-demand imbalances.

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Comparison of the Cartoon "Tajja" and Movie (The War of Flower): With a Focus on Narrative Structure (Plot) (만화 <타짜>와 영화 <타짜>의 비교: 서사구조를 중심으로)

  • Choi, Sung-Kyu;Lee, Hwa-Ja
    • Cartoon and Animation Studies
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    • s.19
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    • pp.89-112
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    • 2010
  • Today many countries consider the culture and technology industry as a high value-added industry, and make intensive investments into cultural content for its growth. In the culture and technology industry, the OSMU (One Source Multi Use) business structure, which creates content using diverse media based on one original work and thus generates a high added value, has received much attention. Recently Korea has also witnessed an increase in the cases in which the cartoon medium is converted into movies or drama. Cartoons are now put to the most use as an original source, in which the process of active secondary reproduction and recreation are taking place. In the process of recreating original works, media characteristics function as an important variable. Stories are newly reproduced by the detailed information (form) characteristics of each medium. Despite those developments, however, there are not as many active comparative studies on media-converted works as there are actual productions of them, which calls for a need to more fully activate specific comparisons of cases. By comparing and investigating original works and secondarily recreated ones through media conversion, the study made comparisons between the cartoon and movie medium and described the common and different features of the two media in terms of detailed information characteristics. In order to provide a specific case, it also analyzed the cartoon Tajja and movie Tajja through media conversion, focusing on 'conversion of narrative structure.'

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Development of Value-added Product Generation Software from Satellite Imagery: 'Valadd-Pro' (고부가 정보 추출을 위한 위성 영상 처리 소프트웨어의 개발: '발라드-프로')

  • Lee, Hae Yeoun;Park, Wonkyu;Kim, S.A.B.;Kim, Taejung;Yoon, Taehun;Shin, Dongseok;Lee, Heungkyu
    • Journal of the Korean Association of Geographic Information Studies
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    • v.2 no.3
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    • pp.91-100
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    • 1999
  • To extract value-added products from satellite images for the benefit of science and human life, the Satellite Technology Research Center at Korea Advanced Institute of Science and Technology has developed an integrated software 'Valadd-Pro'. In this paper, the 'Valadd-Pro' software is briefly introduced and its main components such as geometric correction, ortho correction and digital elevation model extraction are described. The performances of the 'Valadd-Pro' was assessed on $60km{\times}60km$ SPOT panchromatic images using ground control points from GPS measurements. Also, the height accuracy was measured by comparing our results with the $DTEDs^3$ produced by USGS and the DEM generated from the digitized countours of maps produced by the National Geographic Institute. In geometric correction, the 'Valadd-Pro' software needed fewer ground control points than a commercial software 'P' for the satisfactory results. In ortho correction, the 'Valadd-Pro' software show the similar performance to a commercial software 'P'. In digital elevation model extraction, the 'Valadd-Pro' software is two times more accurate and four times faster than a commercial software 'P'.

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A Study on the Structural Relationships among R&D Resources, R&D Collaboration, Policy Support, and Operational Performance - Focusing on Korean Health Industry Clusters - (R&D 자원, R&D 협력, 정책지원 및 운영성과의 구조적 관계에 대한 연구 -국내 보건산업 클러스터를 중심으로-)

  • Kang, Seok-Min
    • Management & Information Systems Review
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    • v.38 no.2
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    • pp.225-240
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    • 2019
  • It has been known that health industry clusters promote economy of a nation in a macro view and make growth and development of individual firm. As a result, Korean health industry has been grown to play a role of making a high value added in Kwangkyo, Daedeok, Wonju, and Songdo. Using 156 firms locating in health industry clusters such as Kwangkyo, Daedeok, Wonju, and Songdo in increasing value added, this study investigated the structural relationships among R&D resources, R&D collaboration, policy support, and operational performance. All hypotheses, except a hypothesis for the effect R&D resources on operational performance, are reported to be statistically significant. In other words, the positive effect of R&D resources on policy support is reported. And policy support and R&D collaboration positively affect operational performance, and also the positive effect of policy support on R&D collaboration is reported. From the empirical results, we can know that policy support and R&D collaboration are the crucial factors to promote operational performance of the firms locating in Korean health industry clusters. It is important that this study has been investigated with the firms of health industry developing economy of a nation.

Design of an algorithm to calculate the amount of energy consumed during cycling (자전거 운동 시 소비되는 에너지량 계산 알고리즘 설계)

  • Lim, Myoung-Seong;Jeong, Jin-Hyoung;Lee, Sang-Sik;Jang, Jee-Hun
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.14 no.1
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    • pp.78-90
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    • 2021
  • The purpose of this study was to develop the mathematic algorithm for energy expenditure calculation during cycling as a part of the development of a higher value-added cycle. Participants were 60 university students (male 30, female 30). Energy expenditure was measured with breathing gas at 10 sec intervals by gas analyzer connected with stationary cycle ergometer. Values presented by commercial speedometer and preceding researches were used for verification of actual measurement values in this study. In conclusion, the mathematic algorithms for energy expenditure calculation during cycling were as follows. For male, energy expenditure(Kcal)=5.048×cycling time(min)-2.258, energy expenditure(Kcal)=(0.05×cycling velocity(kph))×(4.750×cycling time(min)+0.091). For female, energy expenditure(Kcal)=4.466×cycling time(min)-1.605, energy expenditure(Kcal)(cycling velocity≤20kph)=(0.05×cycling velocity(kph))×(4.151× cycling time(min)-0.736), energy expenditure(Kcal)(cycling velocity>20kph)=(0.04×cycling velocity(kph)) ×(4.151×cycling time(min) -0.736). And it is suggested that the developed algorithm with cycling time and velocity should be applied for the development of a higher value-added cycle.

A Comparative Analysis on the Competitiveness of Korean and Japanese Fashion Industry by Applying Generalized Double Diamond Model

  • Son, Mi Young;Kenji, Yokoyama
    • Asia Marketing Journal
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    • v.15 no.1
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    • pp.57-81
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    • 2013
  • The purpose of this paper is to seek ways to improve the competitiveness of Korea's fashion industry by utilizing the source of competitiveness of Japan's fashion industry, which represents the world's leading countries in terms of fashion, so that Korea can better enter the global fashion market. The study shall first compare the competitiveness of the Japanese and Korean fashion industries by utilizing the generalized double diamond model; second, provide an understanding of what the Japanese fashion industry can offer to Korean fashion industry and companies - that is, understand what the Japanese fashion industry's competitive edge is; and third, study the kind of global competitiveness that Korea's fashion industry must achieve. To adopt a generalized double diamond model to compare the competitiveness of the Korean and Japanese fashion industries, we selected 31 sub-variables to act as determinants of the model. That is, we extracted 31sub-variables by doing research of literature to analyze national competitiveness of the fashion industries. To measure these 31 sub-variables, secondary data was gathered. We collected data related to each sub-variable from various sources of Korea and Japan. And to calculate the competitiveness index, we took three steps with reference to previous studies. We found that status of the fashion industry of the two countries as it stands. That is, Japan is an advanced country of which fashion industry is domestic market-oriented while Korea is a small open economy that mainly focuses on the foreign market. Out of 31 proxy variables, Korea's fashion industry shows higher measurements relating to production and export than Japan, but Japan's fashion industry reports higher measurements than Korea in the fields of R&D, design and brand power, the rate of value added, the efficiency of companies and globalization. In order for Korea's fashion industry to achieve competitiveness in the global market, it should pursue the following development direction. First, it is very difficult for Korea to follow the footsteps of the U.S. and Japanese fashion industries that are able to take advantage of economies of scale, because Korea is smaller than those countries. Therefore, in the case of small economies such as Singapore, strengthening of international activities will practically improve domestic determinants that Korea should improve its domestic diamond by enhancing the current competitiveness of its international diamond. In other words, Korea needs to further endeavor to develop and expand global resources and markets as well as improve its competitiveness in terms of R&D, design and brand power, the rate of value-added, and the efficiency of companies. As the Korean fashion industry shows relatively advanced level of information technology and the fashion education system, it has considerable potential to grow. Korea is expected to have a huge growth potential since it has relatively higher level of information technology, fashion education system and activities than those of Japan in both the domestic diamond and international diamond. In particular, a better environment is laid out before Korea to gain competitiveness in the fashion industry due to the recently growing influence of the Korean Wave that Korea is expected to grow as a leader in the Asian market as well as in the global market.

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A Study on Online Services of the National Assembly's Archival Information (국회기록정보 온라인 서비스 발전 방안에 관한 연구)

  • Kim, You-Seung;Seol, Moon-Won
    • Journal of the Korean Society for Library and Information Science
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    • v.47 no.4
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    • pp.25-48
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    • 2013
  • The study aims at providing alternative strategies for the National Assembly's archival information services. In this context, it conducts a literature review and discusses current status of the National Assembly's archival information services. Furthermore, this study draws six critical problems of the National Assembly's archival information services, ranging from a lack of comprehensive archival information services to a deficiency of value-added contents. As a case study, it reviews legislative archival institutions in the US and the UK, and classifies their legislative records management services into 3 different types, including retrieval assistant services, contents services, and extensive services. Base on the case study, as a result, it provides 5 strategies for the development of the National Assembly's archival information services.

A Camera Image Authentication Using Image Information Copyright Signature for Mobile Device without Distortion (무왜곡 휴대용 단말기 영상정보 권한서명을 이용한 카메라 영상 인증)

  • Han, Chan-Ho;Moon, Kwang-Seok
    • Journal of the Institute of Convergence Signal Processing
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    • v.15 no.2
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    • pp.30-36
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    • 2014
  • Quality and resolution of camera in mobile device is improved significantly. In this paper, we propose block-based information hide techniques without image distortion for mobile device to solve image degradation in conventional watermarking methods. Information of image is composed with text such as camera maker, model, date, time, etc. Each text is converted to $8{\times}8$ pixel blocks and is added to the bottom of image. Generally image including block based information for image authentication are compressed using JPEG in mobile device. The vertical line value in JPEG header is modified by original size of image sensor. This technique can hide the block based authentication information using general decoder. In the experimental results, JPEG file size is slightly increased within 0.1% for the proposed block based authentication information encoding. Finally proposed methods can be adopted for various embedded systems using medical image, smart phone and DSLR camera.