• Proceedings of the IEEK Conference
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• 2002.06a
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• pp.367-370
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• 2002

In this paper, we propose a new node architecture LonWorh control Network for home network system environmint using power line communications. Using conventional Lon Work technology is a many disputable points for home network. LonWork network system needs high-cost development equipment. Moreover, conventional Lon Work system can not implement high-grade algorithms and variety application operation. because of the limitation of processing ability in Neuron chip. For that reason, the proposed structure is applicable to low-cost and more complex applications which are impossible in home network using conventional Lonworks structure. The proposed structure is implemented with some hardware and かone software for power line home network. The physical layer and the MAC layer of the LonTalk protocol within ton Work are implemented in hardware, which decreases the development costs communication processor. The upper of link layer of the LonTalk protocol is implemented with software, which decreases the development costs of software and increases the flexibility of tile system and increases the extension of the system. We verified the commercial feasibility of the proposed system through the power line tests with the existing LonWorks network in home network. As a result, it is concluded that the proposed architecture provides increasing flexibility and decreasing cost of the system.

• KDI Journal of Economic Policy
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• v.24 no.1
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• pp.191-233
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• 2002

This paper is to examine some issues and policy direction of capital income taxation in Korea. Fundamental tax reform in US was reviewed to get some lessons for reforming the capital income taxation. One of main characteristics in Korea's capital income taxation is different treatment by corporation type, investment goods, and financial structures. Especially, the tax differential for debt and equity financing has been serious, as debt has been deducted as cost. We discuss that tax policy should try to satisfy the efficiency, equity, and simplicity under the structure of income based taxation for the time being. However, the changes of tax policies in advanced economies should be carefully examined, as Korea has the structure of small open economy. The current issue on the abolition of corporation income tax might be premature in logical structure and implementation. The US fundamental tax reform might be useful reference for determining the direction of capital income taxation in Korea, as it gives us some chances to discuss about tax base issue with income and consumption. Consumption based taxation is superior to income based taxation in the perspective of administrative and compliance costs. We should consider these tax costs for reforming capital income tax system in Korea.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.94-102
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• 2013

The architecture, engineering and construction (AEC) industry is beginning to utilize Building Information Modeling (BIM), benefiting from the resulting improved visualization and productivity, better coordination of construction drawings, building documents that contain embedded links to virtual information, faster delivery, and lower costs. However, construction firms often face challenges when reorganizing their company structure to take full advantage of these benefits. This paper proposes an organizational structure that will enable engineering-construction firms to successfully adopt and implement BIM for major construction projects. A case study research method is utilized based on in-depth interviews with four BIM directors and vice presidents charged with BIM adoption, implementation and education. Organizational transformation challenges and recommendations are discussed in detail for those considering implementing BIM in the engineering-construction industry. Topics such as organizational changes in the firm, costs and benefits of BIM implementation, strategies of BIM implementation (execution) plan, BIM education, risks and opportunities associated with BIM, BIM software, contract methods, human resource management and new hires, and the future implementation and direction of BIM are discussed in detail.

• Journal of the Korean housing association
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• v.26 no.2
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• pp.103-110
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• 2015

Precast Concrete (PC) construction method can be the one that is suitable for long-life housing due to its merit in respect of maintenance and durability based on crack-free from mass production with indirect construction cost-saving-effect due to shortening construction period comparing to the conventional construction method, but it has the problem that causes the raise of direction construction costs. So, this study analyzed its economic feasibility of PC method whose maintenance and durability are excellent for underground parking lot of apartment house for accomplishing cost-saving long-life housing by applying the various structural system. In evaluation of unit module structural system, two-way PC system requires 10 to 28% more costs for frame work than RC rigid frames, and, one-way PC system 98~112%. Although it varies depending on the method, the costs are similar to RC rigid frame structure, provided a proper method is adopted. Also, Model 11, which was most economical in the evaluation, was applied to an real parking lot and about 2 to 6% of construction costs was reduced than RC rigid frames. This seems to be because, although PC system has a higher production cost, introduction of P.S (prestress) reduces member depth and, therefore, height, as well as the number of members per unit module.

• Proceedings of the SAREK Conference
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• 2008.06a
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• pp.863-868
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• 2008

In accordance with the guidelines on the balcony structure changes in December 2005, most of tenants were moving into apartment housing, expand the balcony, but some large deviation between the price construction costs set of cases, due to overuse and the cause of the dispute, and the housing law amended in 2007 due to price cap system is implemented, the cost of expansion the balcony overdose pointed out that there is set to boost the sale price has been raised. These issues in order to improve the government in January 2008, the "Note costs by the balcony expansion" suggested guidelines to protect the rights of tenants and wants to promote the settlement of the sale price cap system. This study calculated the "Note costs by the balcony expansion" window system based on double or single, high performance insulation window system of the quantitative performance analysis of each type window that purpose.

• Asia-Pacific Journal of Business
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• v.14 no.4
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• pp.431-444
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• 2023

Purpose - This study applies the traditional Structure-Conduct-Performance (SCP) model from industrial organization theory to investigate the relationship between market structure and performance in China's banking industry. Design/methodology/approach - For analysis, financial data from the People's Bank of China's "China Financial Stability Report" and financial reports of 6 state-owned banks and 11 joint-stock banks for the period 2010 to 2021 were collected to create a balanced panel dataset. The study employs panel fixed-effects regression analysis to assess the impact of changes in market structure and ownership structure on performance variables including return on asset, profitability, costs, and non-performing loan ratios. Findings - Empirical findings highlight significant differences in the effects of market structure between state-owned and joint-stock banks. Notably, increased market competition positively correlates with higher profits for state-owned banks and with lower costs for joint-stock banks. Research implications or Originality - State-owned banks demonstrate larger scale and stability, yet they struggle to respond effectively to market shifts. Conversely, joint-stock banks face challenges in raising profitability against competitive pressures. Additionally, the study emphasizes the importance for Chinese banks to strengthen risk management due to the increase of non-performing loans with competition. The results provide insights into reform policies for Chinese banks regarding the involvement of private sector in the context of market liberalization process in China.

• Steel and Composite Structures
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• v.29 no.3
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• pp.287-299
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• 2018

The purpose of this study is to investigate the effectiveness of damped cable systems (DCS) to mitigate the earthquake-induced responses of a building frame structure. The seismic performance of the DCS is investigated using the fragility analysis and life cycle cost evaluation of an existing building retrofitted with the DCS, and the results are compared with the structure retrofitted with conventional fluid viscous dampers. The comparison of the analysis results reveals that, due to the self-centering capability of the DCS, residual displacement approximately reaches to zero for the structure retrofitted with the DCS. The fragility analysis shows that the structure retrofitted with the DCS has the least probability of reaching the specific limit states compared to the bare structure and the structure with the conventional fluid viscous damper (VD), especially under the severe ground motions. It is also observed that both the initial and the life cycle costs of the DCS seismic retrofitting technique is lesser compare to the structure retrofitted with the VD.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.18 no.36
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• pp.365-370
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• 1995

In recent years, there have been attempts to explain firms' capital structure based upon the agency theory which considers agency problems arising due to ownership structure. Agency theory starts from the coctractual relationship (explicit or implicit) between principals and agents. Since uncertainty exists in real world and information is distributed asymmetrically, there are conflicts between principals and agents. The objectives of this study are to analyze, based upon agency theory, factors which are expected to affect firms' capital structure and to test empirically the relevance of agency cost hypothesis about the determination of capital structure, For these purposes, this paper carried out multiple regression in order to examine whether the factors of agency costs affect significantly the determination of capital structure. The results of empirical analysis are summarrized as follows; First, insider-equity ration has been negatively correlated with capital structure. Second, growth opportunity variabless has been insignificant coefficients with capital structure.

• Journal of Aerospace System Engineering
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• v.7 no.2
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• pp.8-14
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• 2013

When launch vehicles are manufactured, one of the key points is a design of lightweight structure for reducing costs. Isogrid structure was designed to solve this topic, and many researches were carried out about buckling load because compression load is mainly applied to them. Recently, many studies are also being carried out about FEM model geometry of isogrid structure. The reason is that isogrid structure depends on size of ribs so it is difficult to modify about small changes in rib pattern. In this study, 1/8 model of cylindrical isogrid structure model was developed to analyze buckling behavior. Through parameter study, buckling analysis were performed to analyze buckling load and buckling mode depending on size of ribs.

• KIPS Transactions on Computer and Communication Systems
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• v.2 no.7
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• pp.293-302
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• 2013

Home network providers have many worries about providing home network services with an expandable, reliable, flexible and low-cost structure according to the expanding market environment. The existing client-server system has various problems such as complexity and high costs in providing home network services. In this paper we propose the P2P-SIP structure. P2P communication terminal supporting access of distributed resources provides functions which the existing SIP-based network devices have. Because diverse terminals in a home network access through networks, also, partitioning network domains with home gateways to manage, and applying the network-based PMIPv6(Proxy Mobile IPv6) technology considering mobility of terminals would help to have a more efficient home network structure. Especially, the proposed P2P-SIP structure proves itself as a very efficient structure to have an outstanding expandability among different home networks in a region, and to reduce maintenance costs.