• Title/Summary/Keyword: back-analysis

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CGE Analysis of the US-China Trade War and Policy Implications to the World Trade (미-중 무역분쟁의 경제적 효과와 세계경제 함의)

  • Song, Back-Hoon;Lee, Chang-Soo
    • Korea Trade Review
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    • v.43 no.5
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    • pp.47-66
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    • 2018
  • This study analyzes the potential economic effects of a trade war between the U.S. and China. The CGE model is used to estimate the macroeconomic variables of each country and the change in imports/exports by industry by considering three different scenarios: (i) the US imposes a 25% of tariff on China; (ii) the US and China impose a 25% tariff bilaterally; (iii) the United States expands protection in vehicles and metals to Korea, Japan, and the EU. According to the results of the study, when the US and China initiate a trade war, GDP and welfare of both countries decline. China's decline in GDP and welfare are larger than those of the United States, which implies a trade war is more favorable to the U.S. than to China. In the long run, China's GDP and welfare decline widens further. While the trade volumes of the US and China are greatly reduced, the trade volumes of other countries does not significantly fluctuate. Finally, if the US extends protection policy to Korea, Japan and the EU, it creates undesirable effects on the US. In particular, damage to the US jeopardizes its advantageous position in a trade war with China. In order to emphasize the unfairness of protectionist policy and the damage to Korean industry, Korea needs to establish a strategy to counter US protectionist policy.

An Empirical Study on the Effects of Alliance Strategy and National Culture Characteristics on Alliance Performance (제휴기업의 국가문화특성이 제휴 성과에 미치는 영향에 대한 실증분석)

  • Lee, Jungah;Kang, Nakjung
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.8 no.6
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    • pp.121-130
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    • 2018
  • The purpose of this study is to analyze the effect of partnership type (pre-competitive, competitive, pro - competitive, non - competitive partnership) and national cultural characteristics on partnership performance. In order to analyze this, we conducted questionnaires on companies that have conducted international management and affiliated companies. A total of 223 questionnaires were sent. A total of 121 inquiries were collected from 224 survey requests. Based on this, a structured questionnaire was sent back to the staff members listed in the survey request, and a total of 98 samples were collected. The results of the empirical analysis through the questionnaire showed that the difference between the affiliation type and the national culture had a significant effect on the partnership performance. The results showed that the difference between the affiliation type and the national culture had a significant effect on the partnership performance. This could be a very meaningful implication for companies that are able to achieve successful alliances in a way that enables them to achieve successful alliances.

The Symbolism of Korean 'Gat' and the Etymology of 'Hat' (영어 'Hat'가 된 한국 '갓' 의 상징성)

  • Hyo Jeong Lee;Youngjoo Na
    • Science of Emotion and Sensibility
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    • v.25 no.4
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    • pp.3-20
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    • 2022
  • The origins of the world-recognized Korean gat can be traced back to Gojoseon, and the jades for the sangtu and gwanja come from Hongshan culture. This study examines the etymology of the hat, the symbolism of the gat and the jade comb, and the history of the development of the accessories for the hat. The research methods of literature review, investigation of relics and murals, and analysis of cases of pronunciation changes were used. Most of the relics excavated from the Hongshan are identical to those excavated from Korea. The Byun-Khan people wore a triangle-shaped conical hat (the byun), which was shaped to fit the protruding sangtu hairstyle, with a foldable brim that, if pulled downward, changed the hat to a gat. The Chu sangtu, a pointed top-knot hairstyle, is uniquely found among Northeast Asian peoples, and it is an ethnic symbol for Koreans. Until the modern period, many Koreans wore their hair in the sangtu style, indicating their descent from the sky. Jade combs shaped like birds and clouds from the Hongshan period emphasized the religious nature and ceremony of hair styling at that period. The word hat is widely used to refer to gat all over the world. The pronunciation of ㄱg, ㅎh. and ㅋq/kh are closely related to each other, and the ancient pronunciation ㄱg gradually evolved to ㅎh or ㅋq/kh. The English 'Hat' and Korean 'Gat' were transformed from the middle-ancient sound 'gasa > gosa > got' of the crown 'gwan, gokkal'. This creative hair style culture that started from the Hongshan culture continued to be fashionable during the Gojoseon Dangun period, and the decoration techniques for hats and accessories were inherited over time and continuously developed. Along with the method of making gat, creative hair-related parts, such as manggeons, donggot pins, gwanja buttons, and fine combs were developed over the course of a thousand years.

Psychometric Properties of the Korean Version of Self-Efficacy for HIV Disease Management Skills (한국어판 HIV 감염인의 건강관리 자기효능감 도구의 타당도와 신뢰도)

  • Kim, Gwang Suk;Kim, Layoung;Shim, Mi-So;Baek, Seoyoung;Kim, Namhee;Park, Min Kyung;Lee, Youngjin
    • Journal of Korean Academy of Nursing
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    • v.53 no.3
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    • pp.295-308
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    • 2023
  • Purpose: This study evaluated the validity and reliability of Shively and colleagues' self-efficacy for HIV disease management skills (HIV-SE) among Korean participants. Methods: The original HIV-SE questionnaire, comprising 34 items, was translated into Korean using a translation and back-translation process. To enhance clarity and eliminate redundancy, the author and expert committee engaged in multiple discussions and integrated two items with similar meanings into a single item. Further, four HIV nurse experts tested content validity. Survey data were collected from 227 individuals diagnosed with HIV from five Korean hospitals. Construct validity was verified through confirmatory factor analysis. Criterion validity was evaluated using Pearson's correlation coefficients with the new general self-efficacy scale. Internal consistency reliability and test-retest were examined for reliability. Results: The Korean version of HIV-SE (K-HIV-SE) comprises 33 items across six domains: "managing depression/mood," "managing medications," "managing symptoms," "communicating with a healthcare provider," "getting support/help," and "managing fatigue." The fitness of the modified model was acceptable (minimum value of the discrepancy function/degree of freedom = 2.49, root mean square error of approximation = .08, goodness-of-fit index = .76, adjusted goodness-of-fit index = .71, Tucker-Lewis index = .84, and comparative fit index = .86). The internal consistency reliability (Cronbach's α = .91) and test-retest reliability (intraclass correlation coefficient = .73) were good. The criterion validity of the K-HIV-SE was .59 (p < .001). Conclusion: This study suggests that the K-HIV-SE is useful for efficiently assessing self-efficacy for HIV disease management.

Characteristics of the Expanded Road Embankment Constructed by Lightweight Air-Mixed Soils for a Short-Term (경랑기포혼합토로 단기간에 시공된 확폭도로성토체의 특성)

  • Hwang, Joong Ho;Ahn, Young Kyun;Lee, Young-Jun;Kim, Tae-Hyung
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.4D
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    • pp.377-386
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    • 2010
  • This study was conducted to find out the characteristics of the expanded road embankment constructed by the lightweight air-mixed soil (slurry density $10kN/m^3$) for a short-term without any ground improvement. Compression strength, capillary rise height of the lightweight air-mixed soil and settlement behavior of soft ground were studied. Compression strengths of the specimens sampled at the site after 1 and 5 months of construction were all satisfied the required strength 500 kPa. However, it was not convinced the homogeneity construction, because the values of strength were depending on the sampled location. Also, strength difference between laboratory and site specimens were found about 19%, and thus it should be considered for mixing design. Capillary rise reached about 20 cm for 70 hours because of a numerous tiny pores existed inside the lightweight air-mixed soil. Relationship between settlement and time of the soft ground placed underneath the expanded embankment was estimated by using the measured data and back analysis technique. The current average consolidation ratio and the final settlement after 120 months later were estimated about 32% and 4.5cm, respectively. This settlement is much less value than the allowable settlement 10cm for this structure.

Tasks and Development plan of R.O.K. Navy to support Korean government's 『Indo-Pacific Strategy』 (한국의 『인도-태평양 전략』 지원을 위한 해군의 역할·발전방안 고찰)

  • Ji, Young
    • Maritime Security
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    • v.6 no.1
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    • pp.83-107
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    • 2023
  • To Republic of Korea in the Indo-Pacific region, the stability and prosperity of the area are directly coupled with national survival, interest. Currently, on account of strategic competition between U.S.A, and China in this area as well as supranational·non-conventional threats, the security environment is unstable, required joint/allied responses. So, lots of states inside(U.S.A., Japan, ASEAN, etc.), also, out of this Indo-Pacific area like EU-NATO, open their own strategy related in Indo-Pacific issues to be involved. R.O.K. government took its own line with publishing self strategy following this international trend, it can be shown korean government's strong intend to join in the pending security issues in this region with 'strategic clarity'. Now, R.O.K. Navy has to back up governments, policy. First, R.O.K. Navy should strengthen the relationship inside and take part in the multilateral cooperation of security. Second, to convey this deterrence message to potential threats, Navy is required to show of forces and have combined exercises. Also, as naval forces of advanced countries, Korea, Navy should be taken action in non-traditional threats, and help developing states improve their sea power. To fulfill this tasks in the wide ocean area, Navy need five inherent characteristics(mobility, flexibility, sustainability, capability of presence and projection). In the end, this paper propose the development plan following operational environment (SWOT) analysis as well.

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A Study on the Cooperative of Franchise Industry : Focusing on the Case of US Dunkin' Donuts (프랜차이즈산업의 협동조합에 관한 연구 - 미국 던킨 도너츠를 중심으로 -)

  • Choi, In-Sik;Lee, Sang-Youn
    • The Korean Journal of Franchise Management
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    • v.3 no.2
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    • pp.1-19
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    • 2012
  • This study intends to suggest the cooperative, win-win collaboration, as methods for settling disputes with the existing self-employed people over back-street business areas and disputes and conflicts between a franchiser and franchisees. In addition, it intends to analyze the Dunkin' Donuts purchasing cooperative in the US, where the franchising industry has been well developed; and to find the implications of cooperation strategies between Dunkin' Donuts and its franchisees that may be helpful for the South Korea's franchising industry. This study tries to discover a new model of the Korean-style franchise cooperative out of the basic principles and practice guidelines of cooperatives ranging from an early American franchise cooperative in 1955 to ARCOP, KFC, and Dunkin' Doughnuts in the late 1970s. Further, it looks into successful programs of a purchasing cooperative at Dunkin' Donuts such as TDP (Total Distribution Program), SFP (Shortening Futures Program) and DCP (Distribution Commitment Program). The case of the US Dunkin' Donuts, which operates the purchasing cooperative, suggests the following for the improvement of franchisees' profitability. First, relations of cooperation rather than of power are necessary between a franchiser and franchisees. Second, mutual solidarity of franchisees is necessary. Third, problems proper to the Korean franchise system should be improved. Fourth, an entrepreneurial spirit of going together rather than going fast is required. Fifth, complete satisfaction management is required. Considering different system environments between the two countries such as quantitative expansion within a short franchising history of 30 years or so and franchise profit models, there is a limit to generalizing down to a successful model of the win-win partnership cooperative. It is hoped that the sustainable management of the domestic franchising industry will be promoted in the future through the in-depth analysis of successful cooperatives.

Comparative Evaluation of Behavior Analysis of Rectangular Jet and Two-dimensional Jet (사각형제트와 2차원제트의 거동해석의 비교 평가)

  • Kwon, Seok Jae;Cho, Hong Yeon;Seo, Il Won
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.6B
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    • pp.641-649
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    • 2006
  • The behavior of a three-dimensional pure rectangular water jet with aspect ratio of 10 was experimentally investigated based on the results of the mean velocity field obtained by PIV. The saddle back distribution was observed in the lateral distribution along the major axis. The theoretical centerline velocity equation derived from the point source concept using the spreading rate for the axisymmetric jet was in good agreement with the measured centerline velocity and gave the division of the potential core region, two-dimensional region, and axisymmetric region. The range of the two-dimensional region divided by the criterion of the theoretical centerline velocity decay for the aspect ratio of 10 was observed to be smaller than that of the transition region. The applicability of the two-dimensional model to the behavior of the rectangular jet with low aspect ratio or the wastewater discharged from a multiport diffuser in the deep water of real ocean may result in significant error in the transition and axisymmetric regions after the two-dimensional region. In the two-dimensional region, the Gaussian constant tended to be conserved, and the spreading rate slightly decreased at the end of the two-dimensional region. The normalized turbulent intensity along the centerline of the jet initially abruptly increased and showed relatively higher intensity for higher Reynolds number.

Spatio-Temporal Variability Analysis of Precipitation Data Through Circular Statistics (순환통계 분석을 통한 강수량 시계열의 시공간적 변동성 분석)

  • Kwon, Hyun-Han;Lee, Jeong-Ju
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.2B
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    • pp.191-198
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    • 2010
  • Assessing seasonality of precipitation is necessarily required to establish future plans and policies for water resources management. In this regard, a main objective of the study is to introduce an effective approach for assessing the seasonality of the precipitation and evaluate the seasonality through the proposed one. We have used circular statistics to characterize the seasonality on the precipitation in Korea. The circular statistics allow us to effectively assess changes in timing of the seasonality in detail. It was found that peak time on monthly rainfall occurred between end of June and early July in southern coastal area while the timing was delayed in northern part of Korea because of monsoon moving in from south to north. In case of annual daily peak precipitation, spatio-temporal variation of the peak time was increased. It is mainly because of geophysical effects, frequency and paths of typhoons. Finally, temporal variations on the timing of the peak seasons were evaluated through circular statistics by 30-year moving average data. The peak season in the Northen part of Korea (e.g. Seoul and Gangrung) has been moved back from early July to end of July while the peak season has been moved up from middle of July to early July in the Southern part of Korea (e.g. Busan and Mokpo). It seems that changes in seasonality are mostly modulated by variability in the east-asia monsoon system.

Thai Tourists' Souvenir Shopping Experience in Korea

  • Poraksa, Sirin;Cheon, Hyejung
    • Asia Marketing Journal
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    • v.15 no.3
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    • pp.15-29
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    • 2013
  • Shopping is considered a 'must-do' activity for most people on travel. One of the major parts of tourist shopping is the purchasing of souvenirs. Souvenirs are universally associated with tourism as a commercially produced and purchased object to remind the purchaser of the experience. Recently, Korea becomes one of the most popular destinations that many Asian tourists like to visit. Among those Asian tourists, the number of Thai tourists bound for Korea shows an incredible rapid growth. Thai people pick Korea and Seoul as their favorite country and city to visit for three consecutive years since 2009. One of the major reasons why Thais are choosing to tour Korea is the enthusiasm for Korean pop culture. That is, 'Hallyu' has influenced Thais' decision to visit Korea and purchase Korean products. The primary objective of the current research is to explore the shopping experiences of Thai tourists, specifically their souvenir shopping. It adopts a reflexive interpretive approach to bring light to the various meanings Thai tourists attach to the souvenirs they purchase in Korea. In order to accomplish the objective, the individual interviews were conducted. A total of 12 Thais who have experienced traveling in Korea participated in the study. Four themes were identified through interview text analysis. First, the research participants almost always purchase souvenirs in Korea because the souvenirs represent their identities as tourists. Especially, they purchase the souvenirs as gifts for others, including family members, friends, and colleagues. The souvenirs as gifts show love and thanks to others, and they cement the social relationship. However, purchasing souvenirs for others is more like the moral obligations which evoke the psychological stress. Secondly, the research participants feel closer to Korea while shopping souvenirs around. Thirdly, they obtain imaginative experiences and pleasure through souvenirs related to the Korean pop culture. Souvenirs provide them to visually extraordinary experiences. Lastly, souvenirs purchased in Korea act as visible status marker when they go back to Thailand. They show the socioeconomic status and lifestyles. Tourists themselves and others place special value to souvenirs that were purchased out of Thailand. The findings of this study are of both academic and practical importance. Souvenirs are among the most pervasive elements of the travel experience. However, souvenir shopping is the complicated consumer behavior within tourism both from business and social science perspectives. Along the same line, it needs strategic approaches in order to maximize the economy effects. It concludes by suggesting how further research could offer unique insights into how the souvenirs are positioned both in the context of tourism academics and industry.

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